Range Resources
RRC
378 hedge funds and large institutions have $6.66B invested in Range Resources in 2023 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 120 increasing their positions, 129 reducing their positions, and 65 closing their positions.
18% more call options, than puts
Call options by funds: $130M | Put options by funds: $111M
17% more capital invested
Capital invested by funds: $5.69B → $6.66B (+$974M)
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
4.85% more ownership
Funds ownership: 89.25% → 94.09% (+4.8%)
5% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 65
7% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 129
1% less funds holding
Funds holding: 382 → 378 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$514M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$197M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$49.4M |
| 4 |
Amundi
Paris,
France
|
+$30.7M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$23.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$238M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$52.8M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$37M |
| 4 |
Walleye Capital
New York
|
-$31.1M |
| 5 |
BlackRock
New York
|
-$30M |
RRC Hedge Fund Activity: Q2 2023 in Review
378 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q2 2023, worth a combined $6.66B — up 17% from $5.69B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of RRC and 62 opened new positions — a net loss of 3 holders — while 129 trimmed existing stakes and 120 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $514M. The largest seller was Capital World Investors, cutting an estimated $238M.
- 378 institutional investors held Range Resources (RRC) as of Q2 2023, down from 382 in Q1 2023.
- Funds reported $6.66B of Range Resources stock for Q2 2023, up 17% quarter-over-quarter.
- 62 funds opened new Range Resources positions in Q2 2023 and 65 closed out, a net change of -3 holders.
- The largest Range Resources buyer in Q2 2023 was T. Rowe Price Associates, an estimated $514M added.
- The largest Range Resources seller in Q2 2023 was Capital World Investors, an estimated $238M sold.
Based on aggregated 13F filings for Q2 2023.