Rackspace Hosting Inc
RAX
RAX was delisted on the 2nd of November, 2016.
258 hedge funds and large institutions have $2.94B invested in Rackspace Hosting Inc in 2016 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 65 increasing their positions, 102 reducing their positions, and 75 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 4 → 10 (+6)
85% more call options, than puts
Call options by funds: $63.3M | Put options by funds: $34.3M
32% more capital invested
Capital invested by funds: $2.23B → $2.94B (+$713M)
5% less funds holding
Funds holding: 272 → 258 (-14)
11% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 75
36% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$92.4M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$90.1M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$46.3M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$45.6M |
| 5 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$41.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$445M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$103M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$60.2M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$59.3M |
| 5 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$35.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
326
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$14K | -675 | Closed |
|
|
FANJ
327
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$10K | -500 | Closed |
|
|
NFG
328
Next Financial Group
Houston,
Texas
| – | -$10K | -500 | Closed |
|
|
TSW
329
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$9K | -450 | Closed |
|
|
JIM
330
Jupiter Investment Management
London,
United Kingdom
| – | -$8K | -392 | Closed |
|
|
AIM
331
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$4K | -200 | Closed |
|
332
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -72 | Closed |
|
RAX Hedge Fund Activity: Q3 2016 in Review
258 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Rackspace Hosting Inc (RAX) for Q3 2016, worth a combined $2.94B — up 32% from $2.23B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of RAX and 67 opened new positions — a net loss of 8 holders — while 102 trimmed existing stakes and 65 added.
The largest buyer was Arrowgrass Capital Partners (US), opening a new position worth an estimated $92.4M. The largest seller was Fidelity Investments, cutting an estimated $445M.
- 258 institutional investors held Rackspace Hosting Inc (RAX) as of Q3 2016, down from 272 in Q2 2016.
- Funds reported $2.94B of Rackspace Hosting Inc stock for Q3 2016, up 32% quarter-over-quarter.
- 67 funds opened new Rackspace Hosting Inc positions in Q3 2016 and 75 closed out, a net change of -8 holders.
- The largest Rackspace Hosting Inc buyer in Q3 2016 was Arrowgrass Capital Partners (US), an estimated $92.4M added.
- The largest Rackspace Hosting Inc seller in Q3 2016 was Fidelity Investments, an estimated $445M sold.
Based on aggregated 13F filings for Q3 2016.