Range Resources
416 hedge funds and large institutions have $4.98B invested in Range Resources in 2017 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 197 increasing their positions, 120 reducing their positions, and 70 closing their positions.
179% more call options, than puts
Call options by funds: $229M | Put options by funds: $82M
64% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 120
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
7.17% more ownership
Funds ownership: 95.53% → 102.71% (+7.2%)
6% less funds holding
Funds holding: 441 → 416 (-25)
9% less capital invested
Capital invested by funds: $5.47B → $4.98B (-$484M)
29% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$217M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$103M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$98.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$34M |
| 5 |
WM
WS Management
Jacksonville,
Florida
|
+$30.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$70M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$67.6M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$58.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$47M |
| 5 |
Millennium Management
New York
|
-$42.2M |
RRC Hedge Fund Activity: Q3 2017 in Review
416 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q3 2017, worth a combined $4.98B — down 8.8% from $5.47B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of RRC and 50 opened new positions — a net loss of 20 holders — while 120 trimmed existing stakes and 197 added.
The largest buyer was SailingStone Capital Partners, adding an estimated $217M. The largest seller was Goldman Sachs, cutting an estimated $70M.
- 416 institutional investors held Range Resources (RRC) as of Q3 2017, down from 441 in Q2 2017.
- Funds reported $4.98B of Range Resources stock for Q3 2017, down 8.8% quarter-over-quarter.
- 50 funds opened new Range Resources positions in Q3 2017 and 70 closed out, a net change of -20 holders.
- The largest Range Resources buyer in Q3 2017 was SailingStone Capital Partners, an estimated $217M added.
- The largest Range Resources seller in Q3 2017 was Goldman Sachs, an estimated $70M sold.
Based on aggregated 13F filings for Q3 2017.