Range Resources
RRC
304 hedge funds and large institutions have $1.08B invested in Range Resources in 2019 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 134 increasing their positions, 76 reducing their positions, and 79 closing their positions.
258% more call options, than puts
Call options by funds: $47.4M | Put options by funds: $13.3M
76% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 76
3.82% less ownership
Funds ownership: 116.36% → 112.53% (-3.8%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
11% less funds holding
Funds holding: 343 → 304 (-39)
47% less capital invested
Capital invested by funds: $2.04B → $1.08B (-$960M)
48% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$31.6M |
| 2 |
State Street
Boston,
Massachusetts
|
+$22.5M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$21.1M |
| 4 |
Goldman Sachs
New York
|
+$15.2M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$49.2M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$38.1M |
| 3 |
D.E. Shaw & Co
New York
|
-$18.1M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$15.8M |
| 5 |
Millennium Management
New York
|
-$15.2M |
RRC Hedge Fund Activity: Q3 2019 in Review
304 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q3 2019, worth a combined $1.08B — down 47% from $2.04B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of RRC and 41 opened new positions — a net loss of 38 holders — while 76 trimmed existing stakes and 134 added.
The largest buyer was BlackRock, adding an estimated $31.6M. The largest seller was SailingStone Capital Partners, cutting an estimated $49.2M.
- 304 institutional investors held Range Resources (RRC) as of Q3 2019, down from 343 in Q2 2019.
- Funds reported $1.08B of Range Resources stock for Q3 2019, down 47% quarter-over-quarter.
- 41 funds opened new Range Resources positions in Q3 2019 and 79 closed out, a net change of -38 holders.
- The largest Range Resources buyer in Q3 2019 was BlackRock, an estimated $31.6M added.
- The largest Range Resources seller in Q3 2019 was SailingStone Capital Partners, an estimated $49.2M sold.
Based on aggregated 13F filings for Q3 2019.