Rimini Street
RMNI
99 hedge funds and large institutions have $156M invested in Rimini Street in 2024 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 19 reducing their positions, and 11 closing their positions.
1,700% more call options, than puts
Call options by funds: $18K | Put options by funds: $1K
126% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 19
40% more capital invested
Capital invested by funds: $112M → $156M (+$44.4M)
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
2% more funds holding
Funds holding: 97 → 99 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.12% less ownership
Funds ownership: 66.46% → 64.33% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$796K |
| 2 |
BCM
Brooktree Capital Management
Gand Rapids,
Michigan
|
+$738K |
| 3 |
Millennium Management
New York
|
+$610K |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$449K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$3.14M |
| 2 |
BAM
Ballast Asset Management
Dallas,
Texas
|
-$1.32M |
| 3 |
USPCM
Union Square Park Capital Management
New York
|
-$1.25M |
| 4 |
D.E. Shaw & Co
New York
|
-$637K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$586K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
D.E. Shaw & Co
New York
| – | -$637K | -344,247 | Closed |
|
102
Massachusetts Financial Services
Boston,
Massachusetts
| – | -$545K | -294,478 | Closed |
|
|
GCP
103
GSA Capital Partners
London,
United Kingdom
| – | -$258K | -139,213 | Closed |
|
104
Janus Henderson Group
London,
United Kingdom
| – | -$210K | -113,306 | Closed |
|
|
GCM
105
Gladius Capital Management
Chicago,
Illinois
| – | -$104K | -56,018 | Closed |
|
|
VF
106
Virtu Financial
New York
| – | -$58K | -31,239 | Closed |
|
|
NA
107
NewEdge Advisors
New Orleans,
Louisiana
| – | -$9.25K | -5,000 | Closed |
|
|
C
108
Covestor
London,
United Kingdom
| – | -$6K | -3,373 | Closed |
|
109
Allspring Global Investments
Charlotte,
North Carolina
| – | -$1.88K | -1,014 | Closed |
|
110
Group One Trading
Chicago,
Illinois
| – | -$100 | -49 | Closed |
|
RMNI Hedge Fund Activity: Q4 2024 in Review
99 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q4 2024, worth a combined $156M — up 40% from $112M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RMNI positions and 11 closed out — a net gain of 3 holders — while 43 added to existing stakes and 19 trimmed.
The largest buyer was Pacific Ridge Capital Partners, adding an estimated $796K. The largest seller was Diamond Hill Capital Management, cutting an estimated $3.14M.
- 99 institutional investors held Rimini Street (RMNI) as of Q4 2024, up from 97 in Q3 2024.
- Funds reported $156M of Rimini Street stock for Q4 2024, up 40% quarter-over-quarter.
- 14 funds opened new Rimini Street positions in Q4 2024 and 11 closed out, a net change of +3 holders.
- The largest Rimini Street buyer in Q4 2024 was Pacific Ridge Capital Partners, an estimated $796K added.
- The largest Rimini Street seller in Q4 2024 was Diamond Hill Capital Management, an estimated $3.14M sold.
Based on aggregated 13F filings for Q4 2024.