Rimini Street
RMNI
10 hedge funds and large institutions have $98.6M invested in Rimini Street in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
23% less funds holding
Funds holding: 13 → 10 (-3)
24% less capital invested
Capital invested by funds: $129M → $98.6M (-$30.4M)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
25.28% less ownership
Funds ownership: 66.7% → 41.42% (-25%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASP
Adams Street Partners
Chicago,
Illinois
|
+$197M |
| 2 |
KCM
Kingstown Capital Management
New York
|
+$2.53M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.69M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.21M |
| 5 |
Millennium Management
New York
|
+$519K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$30.5M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$13.3M |
| 3 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$12.5M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$12.3M |
| 5 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$10.6M |
RMNI Hedge Fund Activity: Q4 2017 in Review
10 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q4 2017, worth a combined $98.6M — down 24% from $129M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RMNI and 9 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Adams Street Partners, opening a new position worth an estimated $197M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $30.5M sold.
- 10 institutional investors held Rimini Street (RMNI) as of Q4 2017, down from 13 in Q3 2017.
- Funds reported $98.6M of Rimini Street stock for Q4 2017, down 24% quarter-over-quarter.
- 9 funds opened new Rimini Street positions in Q4 2017 and 12 closed out, a net change of -3 holders.
- The largest Rimini Street buyer in Q4 2017 was Adams Street Partners, an estimated $197M added.
- The largest Rimini Street seller in Q4 2017 was Polar Asset Management Partners, an estimated $30.5M sold.
Based on aggregated 13F filings for Q4 2017.