Rackspace Hosting Inc
RAX
RAX was delisted on the 2nd of November, 2016.
248 hedge funds and large institutions have $4.72B invested in Rackspace Hosting Inc in 2013 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 86 increasing their positions, 87 reducing their positions, and 48 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 2 → 8 (+6)
11% more call options, than puts
Call options by funds: $141M | Put options by funds: $127M
1% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 87
4% less funds holding
Funds holding: 257 → 248 (-9)
15% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 48
23% less capital invested
Capital invested by funds: $6.12B → $4.72B (-$1.4B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$320M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$228M |
| 3 |
CCM
Cornerstone Capital Management
Edina,
Minnesota
|
+$95.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$42.6M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$42.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$272M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$162M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$109M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$66.3M |
| 5 |
Goldman Sachs
New York
|
-$39.2M |
RAX Hedge Fund Activity: Q4 2013 in Review
248 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Rackspace Hosting Inc (RAX) for Q4 2013, worth a combined $4.72B — down 23% from $6.12B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of RAX and 41 opened new positions — a net loss of 7 holders — while 87 trimmed existing stakes and 86 added.
The largest buyer was Fidelity Investments, adding an estimated $320M. The largest seller was Jennison Associates, cutting an estimated $272M.
- 248 institutional investors held Rackspace Hosting Inc (RAX) as of Q4 2013, down from 257 in Q3 2013.
- Funds reported $4.72B of Rackspace Hosting Inc stock for Q4 2013, down 23% quarter-over-quarter.
- 41 funds opened new Rackspace Hosting Inc positions in Q4 2013 and 48 closed out, a net change of -7 holders.
- The largest Rackspace Hosting Inc buyer in Q4 2013 was Fidelity Investments, an estimated $320M added.
- The largest Rackspace Hosting Inc seller in Q4 2013 was Jennison Associates, an estimated $272M sold.
Based on aggregated 13F filings for Q4 2013.