RPC ranks #3825 out of 37501 tracked stocks by institutional interest, inside the more closely watched half of our coverage.
RPC is a top-conviction position for Caz Investments LP — at 6.7% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in RPC belongs to California State Teachers Retirement System, but the position matters far more to Caz Investments LP, who has 6.7% 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.
California State Teachers Retirement System has added to its RPC position for two straight quarters, increasing it by $69.2M to reach $69.7M today.
Fidelity has trimmed its RPC position for two straight quarters, cutting it by $35.1M while still holding $25.4M.
RPC is down 0.2% today, but institutions show net buying of $55.5M this quarter — a divergence between today's price move and the underlying institutional flow.