Range Resources
RRC
343 hedge funds and large institutions have $2.05B invested in Range Resources in 2019 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 134 increasing their positions, 96 reducing their positions, and 54 closing their positions.
70% more call options, than puts
Call options by funds: $65.9M | Put options by funds: $38.8M
40% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 96
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
7.33% more ownership
Funds ownership: 109.75% → 117.08% (+7.3%)
2% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 54
1% less funds holding
Funds holding: 348 → 343 (-5)
33% less capital invested
Capital invested by funds: $3.08B → $2.05B (-$1.03B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$29.2M |
| 2 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
+$28.4M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$25.3M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$24.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$80.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$47.2M |
| 3 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$23.6M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$17.8M |
| 5 |
Jennison Associates
New York
|
-$12.5M |
RRC Hedge Fund Activity: Q2 2019 in Review
343 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q2 2019, worth a combined $2.05B — down 33% from $3.08B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new RRC positions and 54 closed out — a net gain of 1 holder — while 134 added to existing stakes and 96 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $29.2M. The largest seller was Antipodes Partners, exiting entirely with an estimated $80.1M sold.
- 343 institutional investors held Range Resources (RRC) as of Q2 2019, down from 348 in Q1 2019.
- Funds reported $2.05B of Range Resources stock for Q2 2019, down 33% quarter-over-quarter.
- 55 funds opened new Range Resources positions in Q2 2019 and 54 closed out, a net change of +1 holder.
- The largest Range Resources buyer in Q2 2019 was Renaissance Technologies, an estimated $29.2M added.
- The largest Range Resources seller in Q2 2019 was Antipodes Partners, an estimated $80.1M sold.
Based on aggregated 13F filings for Q2 2019.