Range Resources
RRC
431 hedge funds and large institutions have $4.07B invested in Range Resources in 2017 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 154 increasing their positions, 146 reducing their positions, and 59 closing their positions.
192% more call options, than puts
Call options by funds: $218M | Put options by funds: $74.6M
27% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 59
4% more funds holding
Funds holding: 416 → 431 (+15)
5% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 146
6.48% less ownership
Funds ownership: 102.71% → 96.23% (-6.5%)
18% less capital invested
Capital invested by funds: $4.98B → $4.07B (-$912M)
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$106M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$53M |
| 3 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$47.2M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$44.5M |
| 5 |
Millennium Management
New York
|
+$40.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sanders Capital
West Palm Beach,
Florida
|
-$303M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$104M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$98M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$92M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
-$38.7M |
RRC Hedge Fund Activity: Q4 2017 in Review
431 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q4 2017, worth a combined $4.07B — down 18% from $4.98B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new RRC positions and 59 closed out — a net gain of 16 holders — while 154 added to existing stakes and 146 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $106M. The largest seller was Sanders Capital, exiting entirely with an estimated $303M sold.
- 431 institutional investors held Range Resources (RRC) as of Q4 2017, up from 416 in Q3 2017.
- Funds reported $4.07B of Range Resources stock for Q4 2017, down 18% quarter-over-quarter.
- 75 funds opened new Range Resources positions in Q4 2017 and 59 closed out, a net change of +16 holders.
- The largest Range Resources buyer in Q4 2017 was Citadel Advisors, an estimated $106M added.
- The largest Range Resources seller in Q4 2017 was Sanders Capital, an estimated $303M sold.
Based on aggregated 13F filings for Q4 2017.