Range Resources
411 hedge funds and large institutions have $5.87B invested in Range Resources in 2015 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 175 increasing their positions, 146 reducing their positions, and 86 closing their positions.
133% more call options, than puts
Call options by funds: $244M | Put options by funds: $104M
20% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 146
4.47% more ownership
Funds ownership: 103.5% → 107.97% (+4.5%)
11% less funds holding
Funds holding: 463 → 411 (-52)
32% less funds holding in top 10
Funds holding in top 10: 19 → 13 (-6)
32% less capital invested
Capital invested by funds: $8.64B → $5.87B (-$2.77B)
59% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$378M |
| 2 |
Sanders Capital
West Palm Beach,
Florida
|
+$303M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$283M |
| 4 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$74.3M |
| 5 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$72.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$703M |
| 2 |
Neuberger Berman Group
New York
|
-$104M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$68.7M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$60.7M |
| 5 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
-$42M |
RRC Hedge Fund Activity: Q3 2015 in Review
411 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q3 2015, worth a combined $5.87B — down 32% from $8.64B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of RRC and 35 opened new positions — a net loss of 51 holders — while 146 trimmed existing stakes and 175 added.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $378M. The largest seller was T. Rowe Price Associates, cutting an estimated $703M.
- 411 institutional investors held Range Resources (RRC) as of Q3 2015, down from 463 in Q2 2015.
- Funds reported $5.87B of Range Resources stock for Q3 2015, down 32% quarter-over-quarter.
- 35 funds opened new Range Resources positions in Q3 2015 and 86 closed out, a net change of -51 holders.
- The largest Range Resources buyer in Q3 2015 was Capital Research Global Investors, an estimated $378M added.
- The largest Range Resources seller in Q3 2015 was T. Rowe Price Associates, an estimated $703M sold.
Based on aggregated 13F filings for Q3 2015.