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Rimini Street

104 hedge funds and large institutions have $311M invested in Rimini Street in 2021 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 24 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 24

39% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 18

7% more funds holding

Funds holding: 97104 (+7)

0.37% more ownership

Funds ownership: 58.92%59.29% (+0.37%)

22% less call options, than puts

Call options by funds: $667K | Put options by funds: $851K

29% less capital invested

Capital invested by funds: $438M → $311M (-$127M)

57% less funds holding in top 10

Funds holding in top 10: 73 (-4)

Holders
104
Holders Change
+7
Holders Change %
+7.22%
% of All Funds
1.81%
Holding in Top 10
3
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-57.14%
% of All Funds
0.05%
New
25
Increased
45
Reduced
24
Closed
18
Calls
$667K
Puts
$851K
Net Calls
-$184K
Net Calls Change
-$798K
Name Holding Trade Value Shares
Change
Change in
Stake
ASP
1
Adams Street Partners
Illinois
$145M
VC
2
Voss Capital
Texas
$19.1M -$1.46M -200,090 -6%
BlackRock
3
BlackRock
New York
$14.6M +$7.67M +1,048,604 +80%
Vanguard Group
4
Vanguard Group
Pennsylvania
$11.6M +$261K +35,642 +2%
PRCP
5
Pacific Ridge Capital Partners
Oregon
$9.32M +$2.47M +338,486 +29%
USPCM
6
Union Square Park Capital Management
New York
$8.03M +$3.02M +413,533 +46%
RCG
7
Rock Creek Group
District of Columbia
$6.78M -$366K -50,090 -4%
AIA
8
Avalon Investment & Advisory
Texas
$6.62M +$4.87M +666,812 +164%
BCM
9
Brightlight Capital Management
Connecticut
$5.69M +$6.75M +923,641 New
ACM
10
Anomaly Capital Management
New York
$5.66M +$1.57M +215,231 +31%
PCM
11
Portolan Capital Management
Massachusetts
$4.69M +$72.8K +9,957 +1%
HIM
12
Herald Investment Management
United Kingdom
$4.42M
FG
13
Formula Growth
Quebec, Canada
$4.21M
Deutsche Bank
14
Deutsche Bank
Germany
$4.18M +$4.85M +663,090 +4,376%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$4.1M +$1.79M +244,246 +58%
BCM
16
Brooktree Capital Management
Michigan
$4.06M +$998K +136,527 +26%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$3.9M +$1.68M +229,231 +57%
Renaissance Technologies
18
Renaissance Technologies
New York
$3.47M -$1.08M -147,128 -21%
State Street
19
State Street
Massachusetts
$3.21M +$1.1M +150,962 +41%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$3.15M +$3.73M +510,500 New
UIC
21
Uniplan Investment Counsel
Wisconsin
$3.06M +$1.35M +184,605 +59%
Morgan Stanley
22
Morgan Stanley
New York
$2.8M +$611K +83,585 +23%
Northern Trust
23
Northern Trust
Illinois
$2.66M +$1.31M +178,972 +71%
BCM
24
Brasada Capital Management
Texas
$2.23M +$137K +18,688 +5%
TMC
25
Trellus Management Company
Florida
$2M

RMNI Hedge Fund Activity: Q2 2021 in Review

104 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q2 2021, worth a combined $311M — down 29% from $438M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new RMNI positions and 18 closed out — a net gain of 7 holders — while 45 added to existing stakes and 24 trimmed.

The largest buyer was BlackRock, adding an estimated $7.67M. The largest seller was AIGH Capital Management, exiting entirely with an estimated $10.6M sold.

  • 104 institutional investors held Rimini Street (RMNI) as of Q2 2021, up from 97 in Q1 2021.
  • Funds reported $311M of Rimini Street stock for Q2 2021, down 29% quarter-over-quarter.
  • 25 funds opened new Rimini Street positions in Q2 2021 and 18 closed out, a net change of +7 holders.
  • The largest Rimini Street buyer in Q2 2021 was BlackRock, an estimated $7.67M added.
  • The largest Rimini Street seller in Q2 2021 was AIGH Capital Management, an estimated $10.6M sold.

Based on aggregated 13F filings for Q2 2021.