Range Resources
261 hedge funds and large institutions have $633M invested in Range Resources in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 85 increasing their positions, 92 reducing their positions, and 76 closing their positions.
13% more call options, than puts
Call options by funds: $6.65M | Put options by funds: $5.91M
8% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 92
12.33% less ownership
Funds ownership: 120.17% → 107.84% (-12%)
16% less funds holding
Funds holding: 309 → 261 (-48)
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
57% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 76
57% less capital invested
Capital invested by funds: $1.46B → $633M (-$832M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$20.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$16.8M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$9.42M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$8M |
| 5 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$7.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$45.5M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$21.3M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$9.46M |
| 4 |
NONA
Ninety One North America
New York
|
-$8.65M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.71M |
RRC Hedge Fund Activity: Q1 2020 in Review
261 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q1 2020, worth a combined $633M — down 57% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of RRC and 33 opened new positions — a net loss of 43 holders — while 92 trimmed existing stakes and 85 added.
The largest buyer was State Street, adding an estimated $20.2M. The largest seller was Ninety One (UK), exiting entirely with an estimated $45.5M sold.
- 261 institutional investors held Range Resources (RRC) as of Q1 2020, down from 309 in Q4 2019.
- Funds reported $633M of Range Resources stock for Q1 2020, down 57% quarter-over-quarter.
- 33 funds opened new Range Resources positions in Q1 2020 and 76 closed out, a net change of -43 holders.
- The largest Range Resources buyer in Q1 2020 was State Street, an estimated $20.2M added.
- The largest Range Resources seller in Q1 2020 was Ninety One (UK), an estimated $45.5M sold.
Based on aggregated 13F filings for Q1 2020.