RHP ranks #1387 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
RHP is a top-conviction position for Bruni J V & Co /co — at 6.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in RHP belongs to BlackRock, Inc., but the position matters far more to Bruni J V & Co /co, who has 6.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Price T Rowe Associates Inc /md/ has added to its RHP position for two straight quarters, increasing it by $96.9M to reach $131.5M today.
Principal Financial Group Inc has trimmed its RHP position for two straight quarters, cutting it by $166.0M while still holding $64.5M.
RHP is up 0.1% today, and institutions have been net buyers of $1.2B this quarter — today's price move and the underlying institutional flow are pointing the same direction.