Range Resources
272 hedge funds and large institutions have $2.4B invested in Range Resources in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 70 increasing their positions, 107 reducing their positions, and 46 closing their positions.
54% more capital invested
Capital invested by funds: $1.56B → $2.4B (+$837M)
24% more call options, than puts
Call options by funds: $28.7M | Put options by funds: $23.1M
1.1% less ownership
Funds ownership: 90.99% → 89.89% (-1.1%)
4% less funds holding
Funds holding: 283 → 272 (-11)
13% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 46
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
35% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$49.5M |
| 2 |
State Street
Boston,
Massachusetts
|
+$41.7M |
| 3 |
BlackRock
New York
|
+$26M |
| 4 |
Neuberger Berman Group
New York
|
+$11.8M |
| 5 |
AG
Arctis Global
San Juan,
Puerto Rico
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$23.8M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$20.7M |
| 3 |
Millennium Management
New York
|
-$14.2M |
| 4 |
QCI
Quaker Capital Investments
Mount Lebanon,
Pennsylvania
|
-$13.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$12.3M |
RRC Hedge Fund Activity: Q1 2021 in Review
272 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q1 2021, worth a combined $2.4B — up 54% from $1.56B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of RRC and 40 opened new positions — a net loss of 6 holders — while 107 trimmed existing stakes and 70 added.
The largest buyer was Contrarius Investment Management, adding an estimated $49.5M. The largest seller was Dimensional Fund Advisors, cutting an estimated $23.8M.
- 272 institutional investors held Range Resources (RRC) as of Q1 2021, down from 283 in Q4 2020.
- Funds reported $2.4B of Range Resources stock for Q1 2021, up 54% quarter-over-quarter.
- 40 funds opened new Range Resources positions in Q1 2021 and 46 closed out, a net change of -6 holders.
- The largest Range Resources buyer in Q1 2021 was Contrarius Investment Management, an estimated $49.5M added.
- The largest Range Resources seller in Q1 2021 was Dimensional Fund Advisors, an estimated $23.8M sold.
Based on aggregated 13F filings for Q1 2021.