Range Resources
461 hedge funds and large institutions have $14B invested in Range Resources in 2014 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 158 increasing their positions, 174 reducing their positions, and 32 closing their positions.
59% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 32
11% more call options, than puts
Call options by funds: $202M | Put options by funds: $182M
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
5% more capital invested
Capital invested by funds: $13.3B → $14B (+$683M)
4% more funds holding
Funds holding: 445 → 461 (+16)
9% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 174
2.66% less ownership
Funds ownership: 98.13% → 95.47% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$145M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$98.6M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$62.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$50M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$45.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$239M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$105M |
| 3 |
Two Sigma Investments
New York
|
-$50.1M |
| 4 |
Neuberger Berman Group
New York
|
-$47.3M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
-$44.9M |
RRC Hedge Fund Activity: Q2 2014 in Review
461 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q2 2014, worth a combined $14B — up 5.1% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new RRC positions and 32 closed out — a net gain of 19 holders — while 158 added to existing stakes and 174 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $145M. The largest seller was RS Investment Management, exiting entirely with an estimated $239M sold.
- 461 institutional investors held Range Resources (RRC) as of Q2 2014, up from 445 in Q1 2014.
- Funds reported $14B of Range Resources stock for Q2 2014, up 5.1% quarter-over-quarter.
- 51 funds opened new Range Resources positions in Q2 2014 and 32 closed out, a net change of +19 holders.
- The largest Range Resources buyer in Q2 2014 was Fidelity Investments, an estimated $145M added.
- The largest Range Resources seller in Q2 2014 was RS Investment Management, an estimated $239M sold.
Based on aggregated 13F filings for Q2 2014.