Rimini Street
RMNI
58 hedge funds and large institutions have $128M invested in Rimini Street in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 8 reducing their positions, and 5 closing their positions.
263% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 8
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
12% more funds holding
Funds holding: 52 → 58 (+6)
2.13% more ownership
Funds ownership: 47.1% → 49.23% (+2.1%)
11% less capital invested
Capital invested by funds: $144M → $128M (-$15.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.54M |
| 2 |
Renaissance Technologies
New York
|
+$343K |
| 3 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$192K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$182K |
| 5 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
-$1.02M |
| 2 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
-$438K |
| 3 |
KCM
Kingstown Capital Management
New York
|
-$400K |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$119K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Legal & General Group
London,
United Kingdom
| $16K | +$3.29K | +823 | +25% |
|
52
BNP Paribas Financial Markets
Paris,
France
| $10.9K | +$2.55K | +637 | +29% |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $10K | +$1.61K | +402 | +18% |
|
|
PAM
54
Panagora Asset Management
Boston,
Massachusetts
| $5K | +$5.21K | +1,302 | New |
|
55
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | +$4.4K | +1,098 | New |
|
|
AIP
56
Ameritas Investment Partners
Lincoln,
Nebraska
| $3K | – | – | – |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| $1K | -$7.86K | -1,963 | -92% |
|
|
BOTOTLSJU
58
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
| – | -$438K | -100,000 | Closed |
|
|
MSL
59
Mackay Shields LLC
New York
| – | -$119K | -27,200 | Closed |
|
|
60
American Century Companies
Kansas City,
Missouri
| – | -$112K | -25,646 | Closed |
|
|
ARTA
61
A.R.T. Advisors
New York
| – | -$50K | -11,467 | Closed |
|
62
Victory Capital Management
San Antonio,
Texas
| – | -$9K | -1,998 | Closed |
|
|
RFM
63
Royal Fund Management
Lady Lake,
Florida
| – | -$3.99K | -997 | -87% |
|
RMNI Hedge Fund Activity: Q4 2019 in Review
58 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q4 2019, worth a combined $128M — down 11% from $144M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RMNI positions and 5 closed out — a net gain of 6 holders — while 29 added to existing stakes and 8 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.54M. The largest seller was Cowen and Company, cutting an estimated $1.02M.
- 58 institutional investors held Rimini Street (RMNI) as of Q4 2019, up from 52 in Q3 2019.
- Funds reported $128M of Rimini Street stock for Q4 2019, down 11% quarter-over-quarter.
- 11 funds opened new Rimini Street positions in Q4 2019 and 5 closed out, a net change of +6 holders.
- The largest Rimini Street buyer in Q4 2019 was Vanguard Group, an estimated $1.54M added.
- The largest Rimini Street seller in Q4 2019 was Cowen and Company, an estimated $1.02M sold.
Based on aggregated 13F filings for Q4 2019.