Range Resources
RRC
401 hedge funds and large institutions have $7.26B invested in Range Resources in 2023 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 128 increasing their positions, 151 reducing their positions, and 43 closing their positions.
26% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 43
10% more call options, than puts
Call options by funds: $108M | Put options by funds: $97.5M
2.31% more ownership
Funds ownership: 96.55% → 98.86% (+2.3%)
2% more funds holding
Funds holding: 395 → 401 (+6)
4% less capital invested
Capital invested by funds: $7.57B → $7.26B (-$310M)
15% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 151
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$199M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$189M |
| 3 |
Morgan Stanley
New York
|
+$81.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$72.7M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$139M |
| 2 |
Amundi
Paris,
France
|
-$53.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$47.4M |
| 4 |
D.E. Shaw & Co
New York
|
-$40.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.9M |
RRC Hedge Fund Activity: Q4 2023 in Review
401 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q4 2023, worth a combined $7.26B — down 4.1% from $7.57B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new RRC positions and 43 closed out — a net gain of 11 holders — while 128 added to existing stakes and 151 trimmed.
The largest buyer was Boston Partners, adding an estimated $199M. The largest seller was T. Rowe Price Associates, cutting an estimated $139M.
- 401 institutional investors held Range Resources (RRC) as of Q4 2023, up from 395 in Q3 2023.
- Funds reported $7.26B of Range Resources stock for Q4 2023, down 4.1% quarter-over-quarter.
- 54 funds opened new Range Resources positions in Q4 2023 and 43 closed out, a net change of +11 holders.
- The largest Range Resources buyer in Q4 2023 was Boston Partners, an estimated $199M added.
- The largest Range Resources seller in Q4 2023 was T. Rowe Price Associates, an estimated $139M sold.
Based on aggregated 13F filings for Q4 2023.