Range Resources
RRC
285 hedge funds and large institutions have $5.25B invested in Range Resources in 2021 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 71 increasing their positions, 109 reducing their positions, and 35 closing their positions.
89% more call options, than puts
Call options by funds: $118M | Put options by funds: $62.7M
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
30% more capital invested
Capital invested by funds: $4.03B → $5.25B (+$1.22B)
26% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 35
2% more funds holding
Funds holding: 279 → 285 (+6)
3.37% less ownership
Funds ownership: 92.76% → 89.39% (-3.4%)
35% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$32.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$14.6M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$14.4M |
| 5 |
Millennium Management
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$74.3M |
| 2 |
Neuberger Berman Group
New York
|
-$47.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$37.8M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$29.7M |
| 5 |
BlackRock
New York
|
-$18.2M |
RRC Hedge Fund Activity: Q3 2021 in Review
285 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q3 2021, worth a combined $5.25B — up 30% from $4.03B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new RRC positions and 35 closed out — a net gain of 9 holders — while 71 added to existing stakes and 109 trimmed.
The largest buyer was KGH Ltd, opening a new position worth an estimated $32.7M. The largest seller was SailingStone Capital Partners, cutting an estimated $74.3M.
- 285 institutional investors held Range Resources (RRC) as of Q3 2021, up from 279 in Q2 2021.
- Funds reported $5.25B of Range Resources stock for Q3 2021, up 30% quarter-over-quarter.
- 44 funds opened new Range Resources positions in Q3 2021 and 35 closed out, a net change of +9 holders.
- The largest Range Resources buyer in Q3 2021 was KGH Ltd, an estimated $32.7M added.
- The largest Range Resources seller in Q3 2021 was SailingStone Capital Partners, an estimated $74.3M sold.
Based on aggregated 13F filings for Q3 2021.