Range Resources
RRC
429 hedge funds and large institutions have $12B invested in Range Resources in 2013 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 154 increasing their positions, 157 reducing their positions, and 39 closing their positions.
47% more call options, than puts
Call options by funds: $217M | Put options by funds: $147M
15% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 39
0% more funds holding
Funds holding: 427 → 429 (+2)
0.13% more ownership
Funds ownership: 96.84% → 96.97% (+0.13%)
2% less capital invested
Capital invested by funds: $12.2B → $12B (-$195M)
2% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 157
35% less funds holding in top 10
Funds holding in top 10: 17 → 11 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$191M |
| 2 |
Neuberger Berman Group
New York
|
+$166M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$146M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$87M |
| 5 |
Renaissance Technologies
New York
|
+$45.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$231M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$205M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
-$61.8M |
| 4 |
First Manhattan
New York
|
-$40M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$36.6M |
RRC Hedge Fund Activity: Q3 2013 in Review
429 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q3 2013, worth a combined $12B — down 1.6% from $12.2B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new RRC positions and 39 closed out — a net gain of 6 holders — while 154 added to existing stakes and 157 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $191M. The largest seller was Morgan Stanley, cutting an estimated $231M.
- 429 institutional investors held Range Resources (RRC) as of Q3 2013, up from 427 in Q2 2013.
- Funds reported $12B of Range Resources stock for Q3 2013, down 1.6% quarter-over-quarter.
- 45 funds opened new Range Resources positions in Q3 2013 and 39 closed out, a net change of +6 holders.
- The largest Range Resources buyer in Q3 2013 was T. Rowe Price Associates, an estimated $191M added.
- The largest Range Resources seller in Q3 2013 was Morgan Stanley, an estimated $231M sold.
Based on aggregated 13F filings for Q3 2013.