Rimini Street
RMNI
99 hedge funds and large institutions have $186M invested in Rimini Street in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 43 increasing their positions, 30 reducing their positions, and 20 closing their positions.
800% more call options, than puts
Call options by funds: $36K | Put options by funds: $4K
43% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.22% less ownership
Funds ownership: 67.28% → 67.06% (-0.22%)
6% less capital invested
Capital invested by funds: $197M → $186M (-$11M)
11% less funds holding
Funds holding: 111 → 99 (-12)
60% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brooktree Capital Management
Gand Rapids,
Michigan
|
+$1.54M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$737K |
| 3 |
RHAM
Round Hill Asset Management
Pasadena,
California
|
+$403K |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$323K |
| 5 |
Cerity Partners
New York
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$932K |
| 2 |
Millennium Management
New York
|
-$779K |
| 3 |
Two Sigma Advisers
New York
|
-$578K |
| 4 |
Renaissance Technologies
New York
|
-$516K |
| 5 |
Two Sigma Investments
New York
|
-$500K |
RMNI Hedge Fund Activity: Q2 2024 in Review
99 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q2 2024, worth a combined $186M — down 5.6% from $197M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of RMNI and 8 opened new positions — a net loss of 12 holders — while 30 trimmed existing stakes and 43 added.
The largest buyer was Brooktree Capital Management, adding an estimated $1.54M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $932K sold.
- 99 institutional investors held Rimini Street (RMNI) as of Q2 2024, down from 111 in Q1 2024.
- Funds reported $186M of Rimini Street stock for Q2 2024, down 5.6% quarter-over-quarter.
- 8 funds opened new Rimini Street positions in Q2 2024 and 20 closed out, a net change of -12 holders.
- The largest Rimini Street buyer in Q2 2024 was Brooktree Capital Management, an estimated $1.54M added.
- The largest Rimini Street seller in Q2 2024 was Arrowstreet Capital, an estimated $932K sold.
Based on aggregated 13F filings for Q2 2024.