Range Resources
458 hedge funds and large institutions have $9.01B invested in Range Resources in 2014 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 172 increasing their positions, 157 reducing their positions, and 61 closing their positions.
23% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 61
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
4.15% more ownership
Funds ownership: 96.29% → 100.44% (+4.1%)
2% more funds holding
Funds holding: 451 → 458 (+7)
10% more repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 157
18% less capital invested
Capital invested by funds: $11B → $9.01B (-$1.98B)
41% less call options, than puts
Call options by funds: $202M | Put options by funds: $345M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SPO Advisory
San Anselmo,
California
|
+$310M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$90.5M |
| 3 |
JP Morgan Chase
New York
|
+$64.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$62.8M |
| 5 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
+$60.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$114M |
| 2 |
Neuberger Berman Group
New York
|
-$75.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$66.4M |
| 4 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$58.8M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$57.3M |
RRC Hedge Fund Activity: Q4 2014 in Review
458 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q4 2014, worth a combined $9.01B — down 18% from $11B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new RRC positions and 61 closed out — a net gain of 14 holders — while 172 added to existing stakes and 157 trimmed.
The largest buyer was SPO Advisory, opening a new position worth an estimated $310M. The largest seller was T. Rowe Price Associates, cutting an estimated $114M.
- 458 institutional investors held Range Resources (RRC) as of Q4 2014, up from 451 in Q3 2014.
- Funds reported $9.01B of Range Resources stock for Q4 2014, down 18% quarter-over-quarter.
- 75 funds opened new Range Resources positions in Q4 2014 and 61 closed out, a net change of +14 holders.
- The largest Range Resources buyer in Q4 2014 was SPO Advisory, an estimated $310M added.
- The largest Range Resources seller in Q4 2014 was T. Rowe Price Associates, an estimated $114M sold.
Based on aggregated 13F filings for Q4 2014.