Rimini Street
RMNI
103 hedge funds and large institutions have $196M invested in Rimini Street in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 18 closing their positions.
1,367% more call options, than puts
Call options by funds: $88K | Put options by funds: $6K
53% more capital invested
Capital invested by funds: $128M → $196M (+$68M)
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
5% more funds holding
Funds holding: 98 → 103 (+5)
1.73% more ownership
Funds ownership: 65.3% → 67.04% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Conifer Management
New York
|
+$2.73M |
| 2 |
Morgan Stanley
New York
|
+$1.75M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.61M |
| 4 |
Millennium Management
New York
|
+$1.2M |
| 5 |
BAM
Ballast Asset Management
Dallas,
Texas
|
+$706K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
Hantz Financial Services
Southfield,
Michigan
|
-$1.64M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$1.21M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$838K |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$772K |
| 5 |
BCM
Brooktree Capital Management
Gand Rapids,
Michigan
|
-$737K |
RMNI Hedge Fund Activity: Q4 2023 in Review
103 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q4 2023, worth a combined $196M — up 53% from $128M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new RMNI positions and 18 closed out — a net gain of 5 holders — while 39 added to existing stakes and 26 trimmed.
The largest buyer was Conifer Management, adding an estimated $2.73M. The largest seller was Hantz Financial Services, cutting an estimated $1.64M.
- 103 institutional investors held Rimini Street (RMNI) as of Q4 2023, up from 98 in Q3 2023.
- Funds reported $196M of Rimini Street stock for Q4 2023, up 53% quarter-over-quarter.
- 23 funds opened new Rimini Street positions in Q4 2023 and 18 closed out, a net change of +5 holders.
- The largest Rimini Street buyer in Q4 2023 was Conifer Management, an estimated $2.73M added.
- The largest Rimini Street seller in Q4 2023 was Hantz Financial Services, an estimated $1.64M sold.
Based on aggregated 13F filings for Q4 2023.