Rackspace Hosting Inc
RAX
RAX was delisted on the 2nd of November, 2016.
249 hedge funds and large institutions have $3.88B invested in Rackspace Hosting Inc in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 95 increasing their positions, 79 reducing their positions, and 31 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 79
16% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 31
0% more funds holding
Funds holding: 248 → 249 (+1)
18% less capital invested
Capital invested by funds: $4.72B → $3.88B (-$840M)
25% less call options, than puts
Call options by funds: $78.9M | Put options by funds: $105M
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$110M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$93M |
| 3 |
CCM
Criterion Capital Management
San Francisco,
California
|
+$76M |
| 4 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
+$19.8M |
| 5 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$210M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$62.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$36.5M |
| 4 |
Coatue Management
New York
|
-$33.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$30.3M |
RAX Hedge Fund Activity: Q1 2014 in Review
249 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Rackspace Hosting Inc (RAX) for Q1 2014, worth a combined $3.88B — down 18% from $4.72B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new RAX positions and 31 closed out — a net gain of 5 holders — while 95 added to existing stakes and 79 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $110M. The largest seller was Capital World Investors, cutting an estimated $210M.
- 249 institutional investors held Rackspace Hosting Inc (RAX) as of Q1 2014, up from 248 in Q4 2013.
- Funds reported $3.88B of Rackspace Hosting Inc stock for Q1 2014, down 18% quarter-over-quarter.
- 36 funds opened new Rackspace Hosting Inc positions in Q1 2014 and 31 closed out, a net change of +5 holders.
- The largest Rackspace Hosting Inc buyer in Q1 2014 was T. Rowe Price Associates, an estimated $110M added.
- The largest Rackspace Hosting Inc seller in Q1 2014 was Capital World Investors, an estimated $210M sold.
Based on aggregated 13F filings for Q1 2014.