Searchlight Capital Partners’s Rackspace Technology RXT Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2021
Q2
Sell
-4,953,685
Closed -$118M 10
2021
Q1
$118M Sell
4,953,685
-7,046,315
-59% -$152M 25.82% 2
2020
Q4
$229M Buy
+12,000,000
New +$217M 43.68% 1

Other funds holding RXT

Searchlight Capital Partners's RXT Position: Q2 2021 in Review

Searchlight Capital Partners sold out of Rackspace Technology (RXT) in Q2 2021, closing a stake of 4,953,685 shares — an estimated $118M sold.

Searchlight Capital Partners first reported a position in RXT in Q4 2020 and held it in 2 quarters. The position peaked at $229M in Q4 2020. 141 funds tracked by Wall St. Rank hold RXT as of Q2 2021.

  • Searchlight Capital Partners reported no remaining Rackspace Technology position as of Q2 2021 after selling out during the quarter.
  • Searchlight Capital Partners sold 4,953,685 Rackspace Technology shares in Q2 2021, an estimated $118M.
  • Searchlight Capital Partners first reported a position in Rackspace Technology in Q4 2020 and held it in 2 quarters.
  • Searchlight Capital Partners's Rackspace Technology position peaked at $229M in Q4 2020.
  • 141 funds tracked by Wall St. Rank held Rackspace Technology as of Q2 2021.

Based on Searchlight Capital Partners's 13F filing for Q2 2021, filed 16 Aug 2021.