Palestra Capital Management’s RingCentral RNG Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2017
Q3
Sell
-1,178,310
Closed -$43.1M 24
2017
Q2
$43.1M Buy
+1,178,310
New +$39M 3.31% 18

Other funds holding RNG

Palestra Capital Management's RNG Position: Q3 2017 in Review

Palestra Capital Management sold out of RingCentral (RNG) in Q3 2017, closing a stake of 1,178,310 shares — an estimated $43.1M sold.

Palestra Capital Management first reported a position in RNG in Q2 2017 and held it in 1 quarter. The position peaked at $43.1M in Q2 2017. 180 funds tracked by Wall St. Rank hold RNG as of Q3 2017.

  • Palestra Capital Management reported no remaining RingCentral position as of Q3 2017 after selling out during the quarter.
  • Palestra Capital Management sold 1,178,310 RingCentral shares in Q3 2017, an estimated $43.1M.
  • Palestra Capital Management first reported a position in RingCentral in Q2 2017 and held it in 1 quarter.
  • Palestra Capital Management's RingCentral position peaked at $43.1M in Q2 2017.
  • 180 funds tracked by Wall St. Rank held RingCentral as of Q3 2017.

Based on Palestra Capital Management's 13F filing for Q3 2017, filed 14 Nov 2017.