Bank Pictet & Cie Europe AG Boosts Range Resources Stock Holdings

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Bank Pictet & Cie Europe AG, an institutional investor, increased its stake in Range Resources Corporation (NYSE:RRC) by 100% during the fourth quarter, according to the company's recent Form 13F filing with the Securities and Exchange Commission. The investor now owns 1,038,000 shares of the oil and gas exploration company's stock, worth approximately $36.6 million.

Why it matters

This significant increase in ownership by a major institutional investor signals confidence in Range Resources' future performance and growth potential within the oil and gas industry. It also highlights the continued interest and investment in the energy sector from large financial institutions.

The details

According to the filing, Bank Pictet & Cie Europe AG acquired an additional 519,000 shares of Range Resources, bringing its total ownership to 1,038,000 shares. This represents approximately 0.44% of the company's outstanding stock. The increased investment comes as Range Resources has seen its share price rise over the past year, driven by higher oil and gas prices and the company's efforts to optimize production and control costs.

• Bank Pictet & Cie Europe AG increased its stake in Range Resources during the fourth quarter of 2025.
• The institutional investor filed the Form 13F disclosing the increased ownership on April 2, 2026.

What’s next

Investors will likely continue to monitor Range Resources' financial performance and strategic initiatives as the company navigates the evolving energy market. Any further changes in major institutional ownership could provide insights into the stock's future outlook.