Range Resources
468 hedge funds and large institutions have $8.26B invested in Range Resources in 2016 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 214 increasing their positions, 84 reducing their positions, and 53 closing their positions.
155% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 84
64% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 53
60% more funds holding in top 10
Funds holding in top 10: 10 → 16 (+6)
10% more capital invested
Capital invested by funds: $7.54B → $8.26B (+$720M)
7% more funds holding
Funds holding: 438 → 468 (+30)
16.32% less ownership
Funds ownership: 103% → 86.68% (-16%)
40% less call options, than puts
Call options by funds: $192M | Put options by funds: $323M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$175M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$156M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$69.8M |
| 4 |
Goldman Sachs
New York
|
+$67.9M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
+$57.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$52.6M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$35.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$17.6M |
| 4 |
Blackstone Inc
New York
|
-$17.1M |
| 5 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$15.1M |
RRC Hedge Fund Activity: Q3 2016 in Review
468 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q3 2016, worth a combined $8.26B — up 9.5% from $7.54B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new RRC positions and 53 closed out — a net gain of 34 holders — while 214 added to existing stakes and 84 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $175M. The largest seller was PointState Capital, exiting entirely with an estimated $52.6M sold.
- 468 institutional investors held Range Resources (RRC) as of Q3 2016, up from 438 in Q2 2016.
- Funds reported $8.26B of Range Resources stock for Q3 2016, up 9.5% quarter-over-quarter.
- 87 funds opened new Range Resources positions in Q3 2016 and 53 closed out, a net change of +34 holders.
- The largest Range Resources buyer in Q3 2016 was T. Rowe Price Associates, an estimated $175M added.
- The largest Range Resources seller in Q3 2016 was PointState Capital, an estimated $52.6M sold.
Based on aggregated 13F filings for Q3 2016.