CIP
RAX

Convergence Investment Partners’s Rackspace Hosting Inc RAX Stock Holding History

Convergence Investment Partners’s Portfolio RAX Stock Details RAX Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2016
Q3 		– Sell
-254,962
Closed -$5.32M – 423
2016
Q2 		$5.32M Buy
254,962
+50,720
+25% +$1.18M 0.73% 22
2016
Q1 		$4.41M Buy
+204,242
New +$4.16M 0.52% 55
2015
Q3 		– Sell
-38,090
Closed -$1.42M – 453
2015
Q2 		$1.42M Sell
38,090
-9,638
-20% -$443K 0.14% 231
2015
Q1 		$2.46M Buy
+47,728
New +$2.34M 0.34% 99
2014
Q3 		– Sell
-20,005
Closed -$673K – 459
2014
Q2 		$673K Buy
+20,005
New +$664K 0.09% 283

Other funds holding RAX

BHG
Blue Harbour Group Greenwich, Connecticut $353M AUM 8.9% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BFA
BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return
ACPU
Arrowgrass Capital Partners (US) Dover, Delaware $380M AUM 20.87% 1-Year Est. Return
AA
AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
First Trust Advisors
First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return
OAM
Oxford Asset Management Oxford, United Kingdom $232M AUM 31% 1-Year Est. Return

Convergence Investment Partners's RAX Position: Q3 2016 in Review

Convergence Investment Partners sold out of Rackspace Hosting Inc (RAX) in Q3 2016, closing a stake of 254,962 shares — an estimated $5.32M sold.

Convergence Investment Partners first reported a position in RAX in Q2 2014 and held it in 5 quarters. The position peaked at $5.32M in Q2 2016. 258 funds tracked by Wall St. Rank hold RAX as of Q3 2016.

  • Convergence Investment Partners reported no remaining Rackspace Hosting Inc position as of Q3 2016 after selling out during the quarter.
  • Convergence Investment Partners sold 254,962 Rackspace Hosting Inc shares in Q3 2016, an estimated $5.32M.
  • Convergence Investment Partners first reported a position in Rackspace Hosting Inc in Q2 2014 and held it in 5 quarters.
  • Convergence Investment Partners's Rackspace Hosting Inc position peaked at $5.32M in Q2 2016.
  • 258 funds tracked by Wall St. Rank held Rackspace Hosting Inc as of Q3 2016.

Based on Convergence Investment Partners's 13F filing for Q3 2016, filed 10 Nov 2016.