Rimini Street
RMNI
58 hedge funds and large institutions have $157M invested in Rimini Street in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
22% more capital invested
Capital invested by funds: $128M → $157M (+$28.3M)
2.24% more ownership
Funds ownership: 49.23% → 51.46% (+2.2%)
0% more funds holding
Funds holding: 58 → 58 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$4.84M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
+$3.4M |
| 3 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$1.75M |
| 4 |
JP Morgan Chase
New York
|
+$1.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$953K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
-$3.49M |
| 2 |
Morgan Stanley
New York
|
-$199K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$198K |
| 4 |
CAC
Cowen and Company
New York
|
-$157K |
| 5 |
SIM
Spark Investment Management
New York
|
-$154K |
RMNI Hedge Fund Activity: Q1 2020 in Review
58 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q1 2020, worth a combined $157M — up 22% from $128M a quarter earlier.
Fund positioning in RMNI was balanced in Q1 2020: 10 funds opened new positions, 10 closed out, 22 added to existing stakes and 16 trimmed.
The largest buyer was Cannell Capital, opening a new position worth an estimated $4.84M. The largest seller was Kingstown Capital Management, exiting entirely with an estimated $3.49M sold.
- 58 institutional investors held Rimini Street (RMNI) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $157M of Rimini Street stock for Q1 2020, up 22% quarter-over-quarter.
- 10 funds opened new Rimini Street positions in Q1 2020 and 10 closed out, a net change of 0 holders.
- The largest Rimini Street buyer in Q1 2020 was Cannell Capital, an estimated $4.84M added.
- The largest Rimini Street seller in Q1 2020 was Kingstown Capital Management, an estimated $3.49M sold.
Based on aggregated 13F filings for Q1 2020.