Rimini Street
RMNI
97 hedge funds and large institutions have $438M invested in Rimini Street in 2021 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 15 closing their positions.
173% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 15
141% more capital invested
Capital invested by funds: $182M → $438M (+$257M)
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
77% more call options, than puts
Call options by funds: $1.41M | Put options by funds: $796K
37% more funds holding
Funds holding: 71 → 97 (+26)
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
5.17% more ownership
Funds ownership: 53.75% → 58.92% (+5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
AIGH Capital Management
Baltimore,
Maryland
|
+$9.1M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
+$7.62M |
| 3 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
+$6.77M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$5.81M |
| 5 |
ACM
Anomaly Capital Management
New York
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.85M |
| 2 |
JP Morgan Chase
New York
|
-$2.46M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.16M |
| 4 |
ASP
Adams Street Partners
Chicago,
Illinois
|
-$999K |
| 5 |
Renaissance Technologies
New York
|
-$780K |
RMNI Hedge Fund Activity: Q1 2021 in Review
97 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q1 2021, worth a combined $438M — up 141% from $182M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new RMNI positions and 15 closed out — a net gain of 26 holders — while 27 added to existing stakes and 24 trimmed.
The largest buyer was AIGH Capital Management, opening a new position worth an estimated $9.1M. The largest seller was Vanguard Group, cutting an estimated $4.85M.
- 97 institutional investors held Rimini Street (RMNI) as of Q1 2021, up from 71 in Q4 2020.
- Funds reported $438M of Rimini Street stock for Q1 2021, up 141% quarter-over-quarter.
- 41 funds opened new Rimini Street positions in Q1 2021 and 15 closed out, a net change of +26 holders.
- The largest Rimini Street buyer in Q1 2021 was AIGH Capital Management, an estimated $9.1M added.
- The largest Rimini Street seller in Q1 2021 was Vanguard Group, an estimated $4.85M sold.
Based on aggregated 13F filings for Q1 2021.