Range Resources
382 hedge funds and large institutions have $5.69B invested in Range Resources in 2023 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 129 increasing their positions, 135 reducing their positions, and 58 closing their positions.
78% more call options, than puts
Call options by funds: $115M | Put options by funds: $64.2M
12% more capital invested
Capital invested by funds: $5.07B → $5.69B (+$619M)
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
4.42% more ownership
Funds ownership: 84.82% → 89.25% (+4.4%)
3% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 58
1% less funds holding
Funds holding: 384 → 382 (-2)
4% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$72.6M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$70.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$58.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$57.8M |
| 5 |
ACG
Aventail Capital Group
New York
|
+$40M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$76.1M |
| 2 |
Millennium Management
New York
|
-$62.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$43.1M |
| 4 |
Holocene Advisors
New York
|
-$31M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$22.9M |
RRC Hedge Fund Activity: Q1 2023 in Review
382 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Range Resources (RRC) for Q1 2023, worth a combined $5.69B — up 12% from $5.07B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new RRC positions and 58 closed out — a net gain of 2 holders — while 129 added to existing stakes and 135 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $72.6M. The largest seller was Contrarius Investment Management, exiting entirely with an estimated $76.1M sold.
- 382 institutional investors held Range Resources (RRC) as of Q1 2023, down from 384 in Q4 2022.
- Funds reported $5.69B of Range Resources stock for Q1 2023, up 12% quarter-over-quarter.
- 60 funds opened new Range Resources positions in Q1 2023 and 58 closed out, a net change of +2 holders.
- The largest Range Resources buyer in Q1 2023 was T. Rowe Price Investment Management, an estimated $72.6M added.
- The largest Range Resources seller in Q1 2023 was Contrarius Investment Management, an estimated $76.1M sold.
Based on aggregated 13F filings for Q1 2023.