Rackspace Hosting Inc
RAX
RAX was delisted on the 2nd of November, 2016.
263 hedge funds and large institutions have $3.86B invested in Rackspace Hosting Inc in 2014 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 104 increasing their positions, 89 reducing their positions, and 56 closing their positions.
62% more call options, than puts
Call options by funds: $186M | Put options by funds: $115M
17% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 89
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
2% less capital invested
Capital invested by funds: $3.95B → $3.86B (-$93.6M)
8% less funds holding
Funds holding: 285 → 263 (-22)
38% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
+$232M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
+$185M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$47.5M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$43.1M |
| 5 |
T
TOBAM
Paris,
France
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$244M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$57.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$42.5M |
| 4 |
D.E. Shaw & Co
New York
|
-$37.5M |
| 5 |
Millennium Management
New York
|
-$36.9M |
RAX Hedge Fund Activity: Q3 2014 in Review
263 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Rackspace Hosting Inc (RAX) for Q3 2014, worth a combined $3.86B — down 2.4% from $3.95B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of RAX and 35 opened new positions — a net loss of 21 holders — while 89 trimmed existing stakes and 104 added.
The largest buyer was Jana Partners, opening a new position worth an estimated $232M. The largest seller was Third Point, exiting entirely with an estimated $244M sold.
- 263 institutional investors held Rackspace Hosting Inc (RAX) as of Q3 2014, down from 285 in Q2 2014.
- Funds reported $3.86B of Rackspace Hosting Inc stock for Q3 2014, down 2.4% quarter-over-quarter.
- 35 funds opened new Rackspace Hosting Inc positions in Q3 2014 and 56 closed out, a net change of -21 holders.
- The largest Rackspace Hosting Inc buyer in Q3 2014 was Jana Partners, an estimated $232M added.
- The largest Rackspace Hosting Inc seller in Q3 2014 was Third Point, an estimated $244M sold.
Based on aggregated 13F filings for Q3 2014.