Range Resources
462 hedge funds and large institutions have $7.7B invested in Range Resources in 2016 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 186 increasing their positions, 147 reducing their positions, and 66 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 147
4.01% more ownership
Funds ownership: 86.68% → 90.69% (+4%)
6% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 66
2% less funds holding
Funds holding: 470 → 462 (-8)
7% less capital invested
Capital invested by funds: $8.31B → $7.7B (-$608M)
31% less funds holding in top 10
Funds holding in top 10: 16 → 11 (-5)
55% less call options, than puts
Call options by funds: $171M | Put options by funds: $381M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$113M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$92.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$87.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$60.1M |
| 5 |
JP Morgan Chase
New York
|
+$56.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$241M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$128M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$93.9M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$79M |
| 5 |
Two Sigma Investments
New York
|
-$50.6M |
RRC Hedge Fund Activity: Q4 2016 in Review
462 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q4 2016, worth a combined $7.7B — down 7.3% from $8.31B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new RRC positions and 66 closed out — a net gain of 4 holders — while 186 added to existing stakes and 147 trimmed.
The largest buyer was Invesco, adding an estimated $113M. The largest seller was Viking Global Investors, cutting an estimated $241M.
- 462 institutional investors held Range Resources (RRC) as of Q4 2016, down from 470 in Q3 2016.
- Funds reported $7.7B of Range Resources stock for Q4 2016, down 7.3% quarter-over-quarter.
- 70 funds opened new Range Resources positions in Q4 2016 and 66 closed out, a net change of +4 holders.
- The largest Range Resources buyer in Q4 2016 was Invesco, an estimated $113M added.
- The largest Range Resources seller in Q4 2016 was Viking Global Investors, an estimated $241M sold.
Based on aggregated 13F filings for Q4 2016.