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Rimini Street

118 hedge funds and large institutions have $380M invested in Rimini Street in 2021 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 33 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

890% more call options, than puts

Call options by funds: $3.69M | Put options by funds: $373K

45% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 33

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

5.3% more ownership

Funds ownership: 67.93%73.24% (+5.3%)

2% more funds holding

Funds holding: 116118 (+2)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

32% less capital invested

Capital invested by funds: $562M → $380M (-$182M)

Holders
118
Holders Change
+2
Holders Change %
+1.72%
% of All Funds
1.82%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
20
Increased
48
Reduced
33
Closed
17
Calls
$3.69M
Puts
$373K
Net Calls
+$3.32M
Net Calls Change
+$720K
Name Holding Trade Value Shares
Change
Change in
Stake
ASP
1
Adams Street Partners
Illinois
$141M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$55.7M +$47.2M +6,014,155 +181%
BlackRock
3
BlackRock
New York
$15.9M +$2.17M +276,467 +12%
Vanguard Group
4
Vanguard Group
Pennsylvania
$14.1M +$4.09M +521,080 +28%
CM
5
Conifer Management
New York
$13.9M +$8.93M +1,137,290 +95%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$12.5M +$1.49M +190,093 +10%
VC
7
Voss Capital
Texas
$9.25M -$10.4M -1,320,606 -46%
BCM
8
Brooktree Capital Management
Michigan
$8.46M +$3.47M +441,794 +45%
PRCP
9
Pacific Ridge Capital Partners
Oregon
$8.15M -$685K -87,265 -6%
Lord, Abbett & Co
10
Lord, Abbett & Co
New Jersey
$7.16M +$568K +72,300 +6%
USPCM
11
Union Square Park Capital Management
New York
$7.08M +$1.46M +185,748 +19%
NIP
12
Norwood Investment Partners
California
$6.68M +$8.79M +1,119,144 New
HIM
13
Herald Investment Management
United Kingdom
$5.07M +$407K +51,797 +6%
AIA
14
Avalon Investment & Advisory
Texas
$4.7M -$2.54M -324,063 -29%
FG
15
Formula Growth
Quebec, Canada
$4.3M +$299K +38,041 +6%
Acadian Asset Management
16
Acadian Asset Management
Massachusetts
$4.14M -$588K -74,838 -10%
State Street
17
State Street
Massachusetts
$4M -$44.5K -5,661 -0.8%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$4M -$1.19K -152 -0%
Renaissance Technologies
19
Renaissance Technologies
New York
$3.15M +$1.81M +230,500 +77%
UIC
20
Uniplan Investment Counsel
Wisconsin
$2.96M +$11.3K +1,443 +0.3%
RM
21
Radcliff Management
New York
$2.77M +$3.64M +463,874 New
RCG
22
Rock Creek Group
District of Columbia
$2.69M -$3.46M -440,000 -49%
Morgan Stanley
23
Morgan Stanley
New York
$2.57M -$871K -110,891 -21%
Northern Trust
24
Northern Trust
Illinois
$2.44M +$29.2K +3,713 +0.9%
Citadel Advisors
25
Citadel Advisors
Florida
$2.3M +$2.67M +340,430 +765%

RMNI Hedge Fund Activity: Q4 2021 in Review

118 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q4 2021, worth a combined $380M — down 32% from $562M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new RMNI positions and 17 closed out — a net gain of 3 holders — while 48 added to existing stakes and 33 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $47.2M. The largest seller was Voss Capital, cutting an estimated $10.4M.

  • 118 institutional investors held Rimini Street (RMNI) as of Q4 2021, up from 116 in Q3 2021.
  • Funds reported $380M of Rimini Street stock for Q4 2021, down 32% quarter-over-quarter.
  • 20 funds opened new Rimini Street positions in Q4 2021 and 17 closed out, a net change of +3 holders.
  • The largest Rimini Street buyer in Q4 2021 was Fidelity Investments, an estimated $47.2M added.
  • The largest Rimini Street seller in Q4 2021 was Voss Capital, an estimated $10.4M sold.

Based on aggregated 13F filings for Q4 2021.