Rimini Street
RMNI
18 hedge funds and large institutions have $95.3M invested in Rimini Street in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
434% more capital inflows, than outflows
Capital inflows: $38.4M | Capital outflows: $7.19M
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
20% more funds holding
Funds holding: 15 → 18 (+3)
14.72% more ownership
Funds ownership: 30.76% → 45.48% (+15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Davidson Kempner Capital Management
New York
|
+$13.7M |
| 2 |
Highbridge Capital Management
New York
|
+$10.5M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$5.15M |
| 4 |
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$3.14M |
| 5 |
Levin Capital Strategies
New York
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Glazer Capital LLC
New York
|
-$4.21M |
| 2 |
Assured Investment Management
New York
|
-$2.96M |
| 3 |
Ionic Capital Management
New York
|
-$21.1K |
RMNI Hedge Fund Activity: Q2 2016 in Review
18 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q2 2016, worth a combined $95.3M — up 49% from $64M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RMNI positions and 2 closed out — a net gain of 3 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $13.7M. The largest seller was Glazer Capital LLC, cutting an estimated $4.21M.
- 18 institutional investors held Rimini Street (RMNI) as of Q2 2016, up from 15 in Q1 2016.
- Funds reported $95.3M of Rimini Street stock for Q2 2016, up 49% quarter-over-quarter.
- 5 funds opened new Rimini Street positions in Q2 2016 and 2 closed out, a net change of +3 holders.
- The largest Rimini Street buyer in Q2 2016 was Davidson Kempner Capital Management, an estimated $13.7M added.
- The largest Rimini Street seller in Q2 2016 was Glazer Capital LLC, an estimated $4.21M sold.
Based on aggregated 13F filings for Q2 2016.