Range Resources
375 hedge funds and large institutions have $2.61B invested in Range Resources in 2018 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 120 increasing their positions, 140 reducing their positions, and 78 closing their positions.
83% more call options, than puts
Call options by funds: $114M | Put options by funds: $62.3M
7.58% more ownership
Funds ownership: 102.78% → 110.35% (+7.6%)
4% less funds holding
Funds holding: 390 → 375 (-15)
14% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 78
14% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 140
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
40% less capital invested
Capital invested by funds: $4.34B → $2.61B (-$1.73B)
Top Buyers
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$144M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$110M |
| 3 |
Goldman Sachs
New York
|
+$81.6M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$35.9M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$35.8M |
Top Sellers
| 1 |
SIM
Stelliam Investment Management
New York
|
-$76.6M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$56M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$34.8M |
| 4 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$22.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$22.1M |
RRC Hedge Fund Activity: Q4 2018 in Review
375 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q4 2018, worth a combined $2.61B — down 40% from $4.34B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of RRC and 67 opened new positions — a net loss of 11 holders — while 140 trimmed existing stakes and 120 added.
The largest buyer was Ninety One (UK), opening a new position worth an estimated $144M. The largest seller was Stelliam Investment Management, cutting an estimated $76.6M.
- 375 institutional investors held Range Resources (RRC) as of Q4 2018, down from 390 in Q3 2018.
- Funds reported $2.61B of Range Resources stock for Q4 2018, down 40% quarter-over-quarter.
- 67 funds opened new Range Resources positions in Q4 2018 and 78 closed out, a net change of -11 holders.
- The largest Range Resources buyer in Q4 2018 was Ninety One (UK), an estimated $144M added.
- The largest Range Resources seller in Q4 2018 was Stelliam Investment Management, an estimated $76.6M sold.
Based on aggregated 13F filings for Q4 2018.