Range Resources
439 hedge funds and large institutions have $13.7B invested in Range Resources in 2013 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 140 increasing their positions, 181 reducing their positions, and 45 closing their positions.
57% more call options, than puts
Call options by funds: $307M | Put options by funds: $196M
27% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 45
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
14% more capital invested
Capital invested by funds: $12B → $13.7B (+$1.67B)
2.56% more ownership
Funds ownership: 96.99% → 99.55% (+2.6%)
2% more funds holding
Funds holding: 429 → 439 (+10)
23% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 181
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$256M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$103M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$63.2M |
| 4 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$56.4M |
| 5 |
Goldman Sachs
New York
|
+$48.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRC
Blue Ridge Capital
New York
|
-$121M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$56.1M |
| 3 |
JP Morgan Chase
New York
|
-$50.8M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$44M |
| 5 |
Two Sigma Investments
New York
|
-$35.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
476
SSI Investment Management
Los Angeles,
California
| – | -$311K | -4,105 | Closed |
|
|
ECM
477
Everence Capital Management
Goshen,
Indiana
| – | -$249K | -3,277 | Closed |
|
|
AAF
478
Andra AP-fonden
Goteborg,
Sweden
| – | -$235K | -3,100 | Closed |
|
|
ACA
479
Anchor Capital Advisors
Boston,
Massachusetts
| – | -$201K | -2,655 | Closed |
|
|
FNYS
480
First New York Securities
New York
| – | -$152K | -2,000 | Closed |
|
|
FANJ
481
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$72K | -955 | Closed |
|
|
PP
482
Palladium Partners
Norfolk,
Virginia
| – | -$23K | -300 | Closed |
|
|
QT
483
Quantbot Technologies
New York
| – | -$17K | -230 | Closed |
|
|
EWM
484
Evercore Wealth Management
New York
| – | -$4K | -63 | Closed |
|
485
Victory Capital Management
San Antonio,
Texas
| – | -$3K | -43 | Closed |
|
RRC Hedge Fund Activity: Q4 2013 in Review
439 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q4 2013, worth a combined $13.7B — up 14% from $12B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new RRC positions and 45 closed out — a net gain of 12 holders — while 140 added to existing stakes and 181 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $256M. The largest seller was Blue Ridge Capital, exiting entirely with an estimated $121M sold.
- 439 institutional investors held Range Resources (RRC) as of Q4 2013, up from 429 in Q3 2013.
- Funds reported $13.7B of Range Resources stock for Q4 2013, up 14% quarter-over-quarter.
- 57 funds opened new Range Resources positions in Q4 2013 and 45 closed out, a net change of +12 holders.
- The largest Range Resources buyer in Q4 2013 was Wellington Management Group, an estimated $256M added.
- The largest Range Resources seller in Q4 2013 was Blue Ridge Capital, an estimated $121M sold.
Based on aggregated 13F filings for Q4 2013.