Rimini Street
RMNI
52 hedge funds and large institutions have $144M invested in Rimini Street in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
175% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 8
18% more funds holding
Funds holding: 44 → 52 (+8)
1.32% more ownership
Funds ownership: 45.78% → 47.1% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $158M → $144M (-$13.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
+$2.93M |
| 2 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$1.05M |
| 3 |
Renaissance Technologies
New York
|
+$751K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$644K |
| 5 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
-$740K |
| 2 |
Millennium Management
New York
|
-$85.5K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$84K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$63.2K |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$62K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFM
51
Royal Fund Management
Lady Lake,
Florida
| $5K | – | – | – |
|
|
AIP
52
Ameritas Investment Partners
Lincoln,
Nebraska
| $3K | – | – | – |
|
|
53
Marshall Wace
London,
United Kingdom
| – | -$84K | -15,767 | Closed |
|
|
54
VOYA Investment Management
Atlanta,
Georgia
| – | -$62K | -11,730 | Closed |
|
|
PCM
55
Prelude Capital Management
New York
| – | -$7K | -1,342 | Closed |
|
|
PAM
56
Panagora Asset Management
Boston,
Massachusetts
| – | -$5K | -1,011 | Closed |
|
RMNI Hedge Fund Activity: Q3 2019 in Review
52 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q3 2019, worth a combined $144M — down 8.5% from $158M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RMNI positions and 4 closed out — a net gain of 9 holders — while 22 added to existing stakes and 8 trimmed.
The largest buyer was Nokomis Capital, adding an estimated $2.93M. The largest seller was Kingstown Capital Management, cutting an estimated $740K.
- 52 institutional investors held Rimini Street (RMNI) as of Q3 2019, up from 44 in Q2 2019.
- Funds reported $144M of Rimini Street stock for Q3 2019, down 8.5% quarter-over-quarter.
- 13 funds opened new Rimini Street positions in Q3 2019 and 4 closed out, a net change of +9 holders.
- The largest Rimini Street buyer in Q3 2019 was Nokomis Capital, an estimated $2.93M added.
- The largest Rimini Street seller in Q3 2019 was Kingstown Capital Management, an estimated $740K sold.
Based on aggregated 13F filings for Q3 2019.