Rimini Street
RMNI
111 hedge funds and large institutions have $197M invested in Rimini Street in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 34 increasing their positions, 41 reducing their positions, and 10 closing their positions.
2,500% more call options, than puts
Call options by funds: $52K | Put options by funds: $2K
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
8% more funds holding
Funds holding: 103 → 111 (+8)
2% more capital invested
Capital invested by funds: $194M → $197M (+$3.1M)
0.9% more ownership
Funds ownership: 66.38% → 67.28% (+0.9%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
17% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.12M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$1.48M |
| 3 |
BAM
Ballast Asset Management
Dallas,
Texas
|
+$729K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$719K |
| 5 |
Charles Schwab
San Francisco,
California
|
+$549K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.04M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$959K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$590K |
| 4 |
JFG
Jefferies Financial Group
New York
|
-$456K |
| 5 |
BlackRock
New York
|
-$455K |
RMNI Hedge Fund Activity: Q1 2024 in Review
111 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q1 2024, worth a combined $197M — up 1.6% from $194M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RMNI positions and 10 closed out — a net gain of 9 holders — while 34 added to existing stakes and 41 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $2.12M. The largest seller was Millennium Management, cutting an estimated $1.04M.
- 111 institutional investors held Rimini Street (RMNI) as of Q1 2024, up from 103 in Q4 2023.
- Funds reported $197M of Rimini Street stock for Q1 2024, up 1.6% quarter-over-quarter.
- 19 funds opened new Rimini Street positions in Q1 2024 and 10 closed out, a net change of +9 holders.
- The largest Rimini Street buyer in Q1 2024 was Acadian Asset Management, an estimated $2.12M added.
- The largest Rimini Street seller in Q1 2024 was Millennium Management, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2024.