Range Resources
439 hedge funds and large institutions have $7.54B invested in Range Resources in 2016 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 120 increasing their positions, 161 reducing their positions, and 45 closing their positions.
96% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 45
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
23% more capital invested
Capital invested by funds: $6.12B → $7.54B (+$1.43B)
10% more funds holding
Funds holding: 400 → 439 (+39)
8.39% less ownership
Funds ownership: 111.39% → 103% (-8.4%)
25% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 161
32% less call options, than puts
Call options by funds: $167M | Put options by funds: $246M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$155M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$106M |
| 3 |
BRC
Blue Ridge Capital
New York
|
+$101M |
| 4 |
Millennium Management
New York
|
+$91.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$63.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$242M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$166M |
| 3 |
SA
SPO Advisory
San Anselmo,
California
|
-$164M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$156M |
| 5 |
SIM
Stelliam Investment Management
New York
|
-$134M |
RRC Hedge Fund Activity: Q2 2016 in Review
439 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q2 2016, worth a combined $7.54B — up 23% from $6.12B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new RRC positions and 45 closed out — a net gain of 43 holders — while 120 added to existing stakes and 161 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $155M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $242M.
- 439 institutional investors held Range Resources (RRC) as of Q2 2016, up from 400 in Q1 2016.
- Funds reported $7.54B of Range Resources stock for Q2 2016, up 23% quarter-over-quarter.
- 88 funds opened new Range Resources positions in Q2 2016 and 45 closed out, a net change of +43 holders.
- The largest Range Resources buyer in Q2 2016 was Fidelity Investments, an estimated $155M added.
- The largest Range Resources seller in Q2 2016 was Ruane, Cunniff & Goldfarb, an estimated $242M sold.
Based on aggregated 13F filings for Q2 2016.