Rackspace Hosting Inc
RAX
RAX was delisted on the 2nd of November, 2016.
266 hedge funds and large institutions have $2.29B invested in Rackspace Hosting Inc in 2016 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 103 increasing their positions, 80 reducing their positions, and 52 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 80
6% more call options, than puts
Call options by funds: $29.9M | Put options by funds: $28.3M
2% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 52
1% less funds holding
Funds holding: 269 → 266 (-3)
16% less capital invested
Capital invested by funds: $2.72B → $2.29B (-$437M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$15.1M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$14M |
| 3 |
STMM
South Texas Money Management
San Antonio,
Texas
|
+$11.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$11.3M |
| 5 |
Royal London Asset Management
United Kingdom
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$38M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$30.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$26.8M |
| 4 |
CCI
Columbus Circle Investors
|
-$26.1M |
| 5 |
Millennium Management
New York
|
-$17M |
RAX Hedge Fund Activity: Q1 2016 in Review
266 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Rackspace Hosting Inc (RAX) for Q1 2016, worth a combined $2.29B — down 16% from $2.72B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of RAX and 51 opened new positions — a net loss of 1 holder — while 80 trimmed existing stakes and 103 added.
The largest buyer was Acadian Asset Management, adding an estimated $15.1M. The largest seller was State of New Jersey Common Pension Fund D, exiting entirely with an estimated $38M sold.
- 266 institutional investors held Rackspace Hosting Inc (RAX) as of Q1 2016, down from 269 in Q4 2015.
- Funds reported $2.29B of Rackspace Hosting Inc stock for Q1 2016, down 16% quarter-over-quarter.
- 51 funds opened new Rackspace Hosting Inc positions in Q1 2016 and 52 closed out, a net change of -1 holder.
- The largest Rackspace Hosting Inc buyer in Q1 2016 was Acadian Asset Management, an estimated $15.1M added.
- The largest Rackspace Hosting Inc seller in Q1 2016 was State of New Jersey Common Pension Fund D, an estimated $38M sold.
Based on aggregated 13F filings for Q1 2016.