Rimini Street
RMNI
44 hedge funds and large institutions have $158M invested in Rimini Street in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 5 reducing their positions, and 3 closing their positions.
360% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 5
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
16% more funds holding
Funds holding: 38 → 44 (+6)
4.06% more ownership
Funds ownership: 41.72% → 45.78% (+4.1%)
4% more capital invested
Capital invested by funds: $152M → $158M (+$5.71M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
+$4.82M |
| 2 |
BlackRock
New York
|
+$2.68M |
| 3 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$1.59M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.58M |
| 5 |
State Street
Boston,
Massachusetts
|
+$767K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$769K |
| 2 |
ASP
Adams Street Partners
Chicago,
Illinois
|
-$74.6K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$63K |
| 4 |
SG Americas Securities
New York
|
-$53K |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$50K |
RMNI Hedge Fund Activity: Q2 2019 in Review
44 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q2 2019, worth a combined $158M — up 3.8% from $152M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RMNI positions and 3 closed out — a net gain of 8 holders — while 23 added to existing stakes and 5 trimmed.
The largest buyer was Nokomis Capital, opening a new position worth an estimated $4.82M. The largest seller was Morgan Stanley, cutting an estimated $769K.
- 44 institutional investors held Rimini Street (RMNI) as of Q2 2019, up from 38 in Q1 2019.
- Funds reported $158M of Rimini Street stock for Q2 2019, up 3.8% quarter-over-quarter.
- 11 funds opened new Rimini Street positions in Q2 2019 and 3 closed out, a net change of +8 holders.
- The largest Rimini Street buyer in Q2 2019 was Nokomis Capital, an estimated $4.82M added.
- The largest Rimini Street seller in Q2 2019 was Morgan Stanley, an estimated $769K sold.
Based on aggregated 13F filings for Q2 2019.