Rimini Street
RMNI
71 hedge funds and large institutions have $182M invested in Rimini Street in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 13 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
43% more capital invested
Capital invested by funds: $127M → $182M (+$54.8M)
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
4% more funds holding
Funds holding: 68 → 71 (+3)
1.95% more ownership
Funds ownership: 51.8% → 53.75% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.93M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
+$4.22M |
| 3 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$1.59M |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.26M |
| 5 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
-$6.11M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$2.63M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$2.12M |
| 4 |
Renaissance Technologies
New York
|
-$257K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$256K |
RMNI Hedge Fund Activity: Q4 2020 in Review
71 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q4 2020, worth a combined $182M — up 43% from $127M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RMNI positions and 13 closed out — a net gain of 3 holders — while 23 added to existing stakes and 20 trimmed.
The largest buyer was Vanguard Group, adding an estimated $4.93M. The largest seller was Nokomis Capital, exiting entirely with an estimated $6.11M sold.
- 71 institutional investors held Rimini Street (RMNI) as of Q4 2020, up from 68 in Q3 2020.
- Funds reported $182M of Rimini Street stock for Q4 2020, up 43% quarter-over-quarter.
- 16 funds opened new Rimini Street positions in Q4 2020 and 13 closed out, a net change of +3 holders.
- The largest Rimini Street buyer in Q4 2020 was Vanguard Group, an estimated $4.93M added.
- The largest Rimini Street seller in Q4 2020 was Nokomis Capital, an estimated $6.11M sold.
Based on aggregated 13F filings for Q4 2020.