Rackspace Hosting Inc
RAX
RAX was delisted on the 2nd of November, 2016.
285 hedge funds and large institutions have $3.95B invested in Rackspace Hosting Inc in 2014 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 88 increasing their positions, 87 reducing their positions, and 35 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
109% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 35
106% more call options, than puts
Call options by funds: $192M | Put options by funds: $93.3M
14% more funds holding
Funds holding: 249 → 285 (+36)
2% more capital invested
Capital invested by funds: $3.88B → $3.95B (+$68.1M)
1% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$241M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
+$117M |
| 3 |
D.E. Shaw & Co
New York
|
+$37.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$32.8M |
| 5 |
ICM
Ionic Capital Management
New York
|
+$31.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$291M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$134M |
| 3 |
Jennison Associates
New York
|
-$111M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$97M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$78.8M |
RAX Hedge Fund Activity: Q2 2014 in Review
285 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Rackspace Hosting Inc (RAX) for Q2 2014, worth a combined $3.95B — up 1.8% from $3.88B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new RAX positions and 35 closed out — a net gain of 38 holders — while 88 added to existing stakes and 87 trimmed.
The largest buyer was Third Point, opening a new position worth an estimated $241M. The largest seller was Baillie Gifford & Co, exiting entirely with an estimated $291M sold.
- 285 institutional investors held Rackspace Hosting Inc (RAX) as of Q2 2014, up from 249 in Q1 2014.
- Funds reported $3.95B of Rackspace Hosting Inc stock for Q2 2014, up 1.8% quarter-over-quarter.
- 73 funds opened new Rackspace Hosting Inc positions in Q2 2014 and 35 closed out, a net change of +38 holders.
- The largest Rackspace Hosting Inc buyer in Q2 2014 was Third Point, an estimated $241M added.
- The largest Rackspace Hosting Inc seller in Q2 2014 was Baillie Gifford & Co, an estimated $291M sold.
Based on aggregated 13F filings for Q2 2014.