Range Resources
RRC
278 hedge funds and large institutions have $1.59B invested in Range Resources in 2020 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 86 increasing their positions, 85 reducing their positions, and 27 closing their positions.
101% more call options, than puts
Call options by funds: $39.4M | Put options by funds: $19.6M
63% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 27
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
14% more capital invested
Capital invested by funds: $1.39B → $1.59B (+$199M)
6% more funds holding
Funds holding: 262 → 278 (+16)
1% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 85
2.76% less ownership
Funds ownership: 96.58% → 93.82% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$30.7M |
| 2 |
BlackRock
New York
|
+$30.4M |
| 3 |
Renaissance Technologies
New York
|
+$7.31M |
| 4 |
P
Pitcairn
Conshohocken,
Pennsylvania
|
+$7.22M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$32.2M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$12.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$12.3M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$11.3M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$10.4M |
RRC Hedge Fund Activity: Q3 2020 in Review
278 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q3 2020, worth a combined $1.59B — up 14% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new RRC positions and 27 closed out — a net gain of 17 holders — while 86 added to existing stakes and 85 trimmed.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $30.7M. The largest seller was SailingStone Capital Partners, cutting an estimated $32.2M.
- 278 institutional investors held Range Resources (RRC) as of Q3 2020, up from 262 in Q2 2020.
- Funds reported $1.59B of Range Resources stock for Q3 2020, up 14% quarter-over-quarter.
- 44 funds opened new Range Resources positions in Q3 2020 and 27 closed out, a net change of +17 holders.
- The largest Range Resources buyer in Q3 2020 was Encompass Capital Advisors, an estimated $30.7M added.
- The largest Range Resources seller in Q3 2020 was SailingStone Capital Partners, an estimated $32.2M sold.
Based on aggregated 13F filings for Q3 2020.