Range Resources
441 hedge funds and large institutions have $5.47B invested in Range Resources in 2017 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 224 increasing their positions, 125 reducing their positions, and 71 closing their positions.
181% more call options, than puts
Call options by funds: $354M | Put options by funds: $126M
79% more repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 125
3.25% more ownership
Funds ownership: 92.29% → 95.53% (+3.2%)
7% less funds holding
Funds holding: 475 → 441 (-34)
18% less capital invested
Capital invested by funds: $6.66B → $5.47B (-$1.19B)
45% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 71
46% less funds holding in top 10
Funds holding in top 10: 13 → 7 (-6)
Top Buyers
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$58.9M |
| 2 |
Goldman Sachs
New York
|
+$53.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$45.5M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$40.8M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$35.2M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$109M |
| 2 |
Millennium Management
New York
|
-$74M |
| 3 |
CHP
Castle Hook Partners
New York
|
-$49M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$38.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$35.7M |
RRC Hedge Fund Activity: Q2 2017 in Review
441 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q2 2017, worth a combined $5.47B — down 18% from $6.66B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of RRC and 39 opened new positions — a net loss of 32 holders — while 125 trimmed existing stakes and 224 added.
The largest buyer was SailingStone Capital Partners, adding an estimated $58.9M. The largest seller was Citadel Advisors, cutting an estimated $109M.
- 441 institutional investors held Range Resources (RRC) as of Q2 2017, down from 475 in Q1 2017.
- Funds reported $5.47B of Range Resources stock for Q2 2017, down 18% quarter-over-quarter.
- 39 funds opened new Range Resources positions in Q2 2017 and 71 closed out, a net change of -32 holders.
- The largest Range Resources buyer in Q2 2017 was SailingStone Capital Partners, an estimated $58.9M added.
- The largest Range Resources seller in Q2 2017 was Citadel Advisors, an estimated $109M sold.
Based on aggregated 13F filings for Q2 2017.