Rimini Street
RMNI
32 hedge funds and large institutions have $162M invested in Rimini Street in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 2
220% more funds holding
Funds holding: 10 → 32 (+22)
2.47% more ownership
Funds ownership: 40.98% → 43.45% (+2.5%)
2% more capital invested
Capital invested by funds: $159M → $162M (+$3.37M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$5.22M |
| 2 |
BlackRock
New York
|
+$2.84M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.36M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.23M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$590K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.3M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$144K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$134K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$75K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$6.01K |
RMNI Hedge Fund Activity: Q2 2018 in Review
32 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q2 2018, worth a combined $162M — up 2.1% from $159M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new RMNI positions and 2 closed out — a net gain of 22 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Cowen Inc, opening a new position worth an estimated $5.22M. The largest seller was Millennium Management, exiting entirely with an estimated $1.3M sold.
- 32 institutional investors held Rimini Street (RMNI) as of Q2 2018, up from 10 in Q1 2018.
- Funds reported $162M of Rimini Street stock for Q2 2018, up 2.1% quarter-over-quarter.
- 24 funds opened new Rimini Street positions in Q2 2018 and 2 closed out, a net change of +22 holders.
- The largest Rimini Street buyer in Q2 2018 was Cowen Inc, an estimated $5.22M added.
- The largest Rimini Street seller in Q2 2018 was Millennium Management, an estimated $1.3M sold.
Based on aggregated 13F filings for Q2 2018.