Range Resources
RRC
403 hedge funds and large institutions have $8.14B invested in Range Resources in 2024 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 114 increasing their positions, 151 reducing their positions, and 53 closing their positions.
12% more capital invested
Capital invested by funds: $7.26B → $8.14B (+$880M)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
9% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 53
2% more call options, than puts
Call options by funds: $75.3M | Put options by funds: $73.7M
0% more funds holding
Funds holding: 401 → 403 (+2)
1.08% less ownership
Funds ownership: 98.86% → 97.78% (-1.1%)
25% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 151
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$178M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$36.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$30.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.6M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$143M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$73.7M |
| 3 |
Morgan Stanley
New York
|
-$68M |
| 4 |
D.E. Shaw & Co
New York
|
-$33.4M |
| 5 |
JVBC
J.V. Bruni & Co
Colorado Springs,
Colorado
|
-$22.6M |
RRC Hedge Fund Activity: Q1 2024 in Review
403 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q1 2024, worth a combined $8.14B — up 12% from $7.26B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new RRC positions and 53 closed out — a net gain of 5 holders — while 114 added to existing stakes and 151 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $178M. The largest seller was Fidelity Investments, cutting an estimated $143M.
- 403 institutional investors held Range Resources (RRC) as of Q1 2024, up from 401 in Q4 2023.
- Funds reported $8.14B of Range Resources stock for Q1 2024, up 12% quarter-over-quarter.
- 58 funds opened new Range Resources positions in Q1 2024 and 53 closed out, a net change of +5 holders.
- The largest Range Resources buyer in Q1 2024 was T. Rowe Price Associates, an estimated $178M added.
- The largest Range Resources seller in Q1 2024 was Fidelity Investments, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2024.