Rimini Street
RMNI
122 hedge funds and large institutions have $296M invested in Rimini Street in 2022 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 20 closing their positions.
161% more call options, than puts
Call options by funds: $256K | Put options by funds: $98K
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
1.62% more ownership
Funds ownership: 71.01% → 72.64% (+1.6%)
3% less funds holding
Funds holding: 126 → 122 (-4)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
20% less capital invested
Capital invested by funds: $371M → $296M (-$75.1M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.69M |
| 2 |
CM
Conifer Management
New York
|
+$4.13M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$2.95M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.89M |
| 5 |
BlackRock
New York
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.87M |
| 2 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$2.69M |
| 3 |
VC
Voss Capital
Houston,
Texas
|
-$2.22M |
| 4 |
Millennium Management
New York
|
-$2.04M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
Los Angeles Capital Management
Los Angeles,
California
| – | -$1.29M | -215,432 | Closed |
|
127
Aviva
London,
United Kingdom
| – | -$728K | -121,106 | Closed |
|
128
Luther King Capital Management (LKCM)
Fort Worth,
Texas
| – | -$304K | -50,592 | Closed |
|
129
First Trust Advisors
Wheaton,
Illinois
| – | -$281K | -46,755 | Closed |
|
|
PP
130
PDT Partners
New York
| – | -$144K | -23,974 | Closed |
|
131
Jane Street
New York
| – | -$121K | -20,097 | Closed |
|
132
Two Sigma Investments
New York
| – | -$113K | -18,800 | Closed |
|
|
XT
133
XTX Topco
George Town,
Cayman Islands
| – | -$104K | -17,374 | Closed |
|
|
RJA
134
Raymond James & Associates
St Petersburg,
Florida
| – | -$98K | -16,305 | Closed |
|
|
ECM
135
ExodusPoint Capital Management
New York
| – | -$94K | -15,612 | Closed |
|
|
PI
136
PEAK6 Investments
Chicago,
Illinois
| – | -$42K | -7,030 | Closed |
|
137
Osaic Holdings
Scottsdale,
Arizona
| – | -$35K | -5,800 | Closed |
|
|
MAM
138
Meeder Asset Management
Dublin,
Ohio
| – | -$14K | -2,443 | Closed |
|
|
SPIA
139
Steward Partners Investment Advisory
New York
| – | -$1K | -84 | Closed |
|
RMNI Hedge Fund Activity: Q3 2022 in Review
122 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q3 2022, worth a combined $296M — down 20% from $371M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of RMNI and 16 opened new positions — a net loss of 4 holders — while 38 trimmed existing stakes and 48 added.
The largest buyer was Vanguard Group, adding an estimated $5.69M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $5.87M sold.
- 122 institutional investors held Rimini Street (RMNI) as of Q3 2022, down from 126 in Q2 2022.
- Funds reported $296M of Rimini Street stock for Q3 2022, down 20% quarter-over-quarter.
- 16 funds opened new Rimini Street positions in Q3 2022 and 20 closed out, a net change of -4 holders.
- The largest Rimini Street buyer in Q3 2022 was Vanguard Group, an estimated $5.69M added.
- The largest Rimini Street seller in Q3 2022 was Lord, Abbett & Co, an estimated $5.87M sold.
Based on aggregated 13F filings for Q3 2022.