Range Resources
262 hedge funds and large institutions have $1.39B invested in Range Resources in 2020 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 70 increasing their positions, 96 reducing their positions, and 45 closing their positions.
120% more capital invested
Capital invested by funds: $633M → $1.39B (+$759M)
118% more call options, than puts
Call options by funds: $33M | Put options by funds: $15.1M
7% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 45
1% more funds holding
Funds holding: 260 → 262 (+2)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
11.25% less ownership
Funds ownership: 107.83% → 96.58% (-11%)
27% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$35M |
| 2 |
D.E. Shaw & Co
New York
|
+$30.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$28.7M |
| 4 |
JP Morgan Chase
New York
|
+$16.4M |
| 5 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$64.4M |
| 2 |
State Street
Boston,
Massachusetts
|
-$63.8M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$40M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$23.1M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$16.8M |
RRC Hedge Fund Activity: Q2 2020 in Review
262 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q2 2020, worth a combined $1.39B — up 120% from $633M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new RRC positions and 45 closed out — a net gain of 3 holders — while 70 added to existing stakes and 96 trimmed.
The largest buyer was BlackRock, adding an estimated $35M. The largest seller was SailingStone Capital Partners, cutting an estimated $64.4M.
- 262 institutional investors held Range Resources (RRC) as of Q2 2020, up from 260 in Q1 2020.
- Funds reported $1.39B of Range Resources stock for Q2 2020, up 120% quarter-over-quarter.
- 48 funds opened new Range Resources positions in Q2 2020 and 45 closed out, a net change of +3 holders.
- The largest Range Resources buyer in Q2 2020 was BlackRock, an estimated $35M added.
- The largest Range Resources seller in Q2 2020 was SailingStone Capital Partners, an estimated $64.4M sold.
Based on aggregated 13F filings for Q2 2020.