Rackspace Hosting Inc
RAX
RAX was delisted on the 2nd of November, 2016.
308 hedge funds and large institutions have $4.46B invested in Rackspace Hosting Inc in 2015 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 126 increasing their positions, 97 reducing their positions, and 52 closing their positions.
132% more call options, than puts
Call options by funds: $129M | Put options by funds: $55.9M
30% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 97
2% less funds holding
Funds holding: 315 → 308 (-7)
12% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 52
27% less capital invested
Capital invested by funds: $6.08B → $4.46B (-$1.62B)
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
+$230M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
+$51.1M |
| 3 |
Goldman Sachs
New York
|
+$46.8M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$46M |
| 5 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
+$39.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$325M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$88.5M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$57.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$54.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$40.2M |
RAX Hedge Fund Activity: Q2 2015 in Review
308 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Rackspace Hosting Inc (RAX) for Q2 2015, worth a combined $4.46B — down 27% from $6.08B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of RAX and 46 opened new positions — a net loss of 6 holders — while 97 trimmed existing stakes and 126 added.
The largest buyer was Jana Partners, adding an estimated $230M. The largest seller was Fidelity Investments, cutting an estimated $325M.
- 308 institutional investors held Rackspace Hosting Inc (RAX) as of Q2 2015, down from 315 in Q1 2015.
- Funds reported $4.46B of Rackspace Hosting Inc stock for Q2 2015, down 27% quarter-over-quarter.
- 46 funds opened new Rackspace Hosting Inc positions in Q2 2015 and 52 closed out, a net change of -6 holders.
- The largest Rackspace Hosting Inc buyer in Q2 2015 was Jana Partners, an estimated $230M added.
- The largest Rackspace Hosting Inc seller in Q2 2015 was Fidelity Investments, an estimated $325M sold.
Based on aggregated 13F filings for Q2 2015.