Rimini Street
RMNI
116 hedge funds and large institutions have $562M invested in Rimini Street in 2021 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 39 increasing their positions, 35 reducing their positions, and 16 closing their positions.
296% more call options, than puts
Call options by funds: $3.48M | Put options by funds: $879K
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
81% more capital invested
Capital invested by funds: $311M → $562M (+$251M)
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
12% more funds holding
Funds holding: 104 → 116 (+12)
11% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 35
8.65% more ownership
Funds ownership: 59.29% → 67.93% (+8.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.1M |
| 3 |
CM
Conifer Management
New York
|
+$10.4M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$9.78M |
| 5 |
Jane Street
New York
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brightlight Capital Management
Westport,
Connecticut
|
-$5.69M |
| 2 |
USPCM
Union Square Park Capital Management
New York
|
-$2.63M |
| 3 |
Renaissance Technologies
New York
|
-$2.3M |
| 4 |
VC
Voss Capital
Houston,
Texas
|
-$1.99M |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
-$1.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HS
126
HighVista Strategies
Boston,
Massachusetts
| – | -$93K | -15,097 | Closed |
|
|
VF
127
Virtu Financial
New York
| – | -$80K | -13,017 | Closed |
|
128
ProShare Advisors
Bethesda,
Maryland
| – | -$70K | -11,377 | Closed |
|
129
Group One Trading
Chicago,
Illinois
| – | -$48.4K | -5,581 | Closed |
|
|
LSA
130
Leonteq Securities AG
Zurich,
Switzerland
| – | -$18.5K | -3,000 | Closed |
|
|
PHK
131
Point72 Hong Kong
Hong Kong
| – | -$2K | -331 | Closed |
|
RMNI Hedge Fund Activity: Q3 2021 in Review
116 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q3 2021, worth a combined $562M — up 81% from $311M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RMNI positions and 16 closed out — a net gain of 12 holders — while 39 added to existing stakes and 35 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $28.8M. The largest seller was Brightlight Capital Management, exiting entirely with an estimated $5.69M sold.
- 116 institutional investors held Rimini Street (RMNI) as of Q3 2021, up from 104 in Q2 2021.
- Funds reported $562M of Rimini Street stock for Q3 2021, up 81% quarter-over-quarter.
- 28 funds opened new Rimini Street positions in Q3 2021 and 16 closed out, a net change of +12 holders.
- The largest Rimini Street buyer in Q3 2021 was Fidelity Investments, an estimated $28.8M added.
- The largest Rimini Street seller in Q3 2021 was Brightlight Capital Management, an estimated $5.69M sold.
Based on aggregated 13F filings for Q3 2021.