Rimini Street
RMNI
63 hedge funds and large institutions have $182M invested in Rimini Street in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 14 reducing their positions, and 5 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 14
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
16% more capital invested
Capital invested by funds: $157M → $182M (+$25.2M)
9% more funds holding
Funds holding: 58 → 63 (+5)
0.35% more ownership
Funds ownership: 51.46% → 51.82% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
+$1.05M |
| 2 |
Renaissance Technologies
New York
|
+$711K |
| 3 |
JP Morgan Chase
New York
|
+$342K |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$205K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.79M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$441K |
| 3 |
NC
Nokomis Capital
Dallas,
Texas
|
-$84.3K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$83.2K |
| 5 |
ASP
Adams Street Partners
Chicago,
Illinois
|
-$62.4K |
RMNI Hedge Fund Activity: Q2 2020 in Review
63 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q2 2020, worth a combined $182M — up 16% from $157M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RMNI positions and 5 closed out — a net gain of 5 holders — while 29 added to existing stakes and 14 trimmed.
The largest buyer was Voss Capital, adding an estimated $1.05M. The largest seller was Vanguard Group, cutting an estimated $1.79M.
- 63 institutional investors held Rimini Street (RMNI) as of Q2 2020, up from 58 in Q1 2020.
- Funds reported $182M of Rimini Street stock for Q2 2020, up 16% quarter-over-quarter.
- 10 funds opened new Rimini Street positions in Q2 2020 and 5 closed out, a net change of +5 holders.
- The largest Rimini Street buyer in Q2 2020 was Voss Capital, an estimated $1.05M added.
- The largest Rimini Street seller in Q2 2020 was Vanguard Group, an estimated $1.79M sold.
Based on aggregated 13F filings for Q2 2020.