Rimini Street
RMNI
125 hedge funds and large institutions have $351M invested in Rimini Street in 2022 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 50 increasing their positions, 34 reducing their positions, and 17 closing their positions.
523% more call options, than puts
Call options by funds: $3.37M | Put options by funds: $542K
47% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 34
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
6% more funds holding
Funds holding: 118 → 125 (+7)
3.99% less ownership
Funds ownership: 73.24% → 69.25% (-4%)
8% less capital invested
Capital invested by funds: $380M → $351M (-$29.2M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$13.4M |
| 2 |
CM
Conifer Management
New York
|
+$8.74M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.67M |
| 4 |
BCM
Brooktree Capital Management
Gand Rapids,
Michigan
|
+$2.39M |
| 5 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$49M |
| 2 |
NIP
Norwood Investment Partners
Mill Valley,
California
|
-$6.68M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$1.54M |
| 4 |
Renaissance Technologies
New York
|
-$1.33M |
| 5 |
ACM
Anomaly Capital Management
New York
|
-$615K |
RMNI Hedge Fund Activity: Q1 2022 in Review
125 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q1 2022, worth a combined $351M — down 7.7% from $380M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new RMNI positions and 17 closed out — a net gain of 7 holders — while 50 added to existing stakes and 34 trimmed.
The largest buyer was Diamond Hill Capital Management, opening a new position worth an estimated $13.4M. The largest seller was Fidelity Investments, cutting an estimated $49M.
- 125 institutional investors held Rimini Street (RMNI) as of Q1 2022, up from 118 in Q4 2021.
- Funds reported $351M of Rimini Street stock for Q1 2022, down 7.7% quarter-over-quarter.
- 24 funds opened new Rimini Street positions in Q1 2022 and 17 closed out, a net change of +7 holders.
- The largest Rimini Street buyer in Q1 2022 was Diamond Hill Capital Management, an estimated $13.4M added.
- The largest Rimini Street seller in Q1 2022 was Fidelity Investments, an estimated $49M sold.
Based on aggregated 13F filings for Q1 2022.