Range Resources
309 hedge funds and large institutions have $1.46B invested in Range Resources in 2019 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 95 increasing their positions, 110 reducing their positions, and 48 closing their positions.
555% more call options, than puts
Call options by funds: $93.1M | Put options by funds: $14.2M
36% more capital invested
Capital invested by funds: $1.08B → $1.46B (+$386M)
29% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 48
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
7.64% more ownership
Funds ownership: 112.53% → 120.17% (+7.6%)
2% more funds holding
Funds holding: 304 → 309 (+5)
14% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$27.3M |
| 2 |
State Street
Boston,
Massachusetts
|
+$26.8M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$7.87M |
| 4 |
Bank of New York Mellon
New York
|
+$7.4M |
| 5 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$7.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$10M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$7.68M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$6.58M |
| 4 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
-$6.18M |
| 5 |
Goldman Sachs
New York
|
-$5.92M |
RRC Hedge Fund Activity: Q4 2019 in Review
309 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q4 2019, worth a combined $1.46B — up 36% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new RRC positions and 48 closed out — a net gain of 14 holders — while 95 added to existing stakes and 110 trimmed.
The largest buyer was Contrarius Investment Management, opening a new position worth an estimated $27.3M. The largest seller was AQR Capital Management, cutting an estimated $10M.
- 309 institutional investors held Range Resources (RRC) as of Q4 2019, up from 304 in Q3 2019.
- Funds reported $1.46B of Range Resources stock for Q4 2019, up 36% quarter-over-quarter.
- 62 funds opened new Range Resources positions in Q4 2019 and 48 closed out, a net change of +14 holders.
- The largest Range Resources buyer in Q4 2019 was Contrarius Investment Management, an estimated $27.3M added.
- The largest Range Resources seller in Q4 2019 was AQR Capital Management, an estimated $10M sold.
Based on aggregated 13F filings for Q4 2019.