Rimini Street
RMNI
97 hedge funds and large institutions have $112M invested in Rimini Street in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 12 closing their positions.
300% more call options, than puts
Call options by funds: $4K | Put options by funds: $1K
0.6% less ownership
Funds ownership: 67.06% → 66.46% (-0.6%)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
2% less funds holding
Funds holding: 99 → 97 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
40% less capital invested
Capital invested by funds: $186M → $112M (-$74.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brooktree Capital Management
Gand Rapids,
Michigan
|
+$986K |
| 2 |
Morgan Stanley
New York
|
+$533K |
| 3 |
BlackRock
New York
|
+$431K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$417K |
| 5 |
USPCM
Union Square Park Capital Management
New York
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Ballast Asset Management
Dallas,
Texas
|
-$745K |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$440K |
| 3 |
D.E. Shaw & Co
New York
|
-$398K |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$360K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$338K |
RMNI Hedge Fund Activity: Q3 2024 in Review
97 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q3 2024, worth a combined $112M — down 40% from $186M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RMNI and 10 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 29 added.
The largest buyer was Brooktree Capital Management, adding an estimated $986K. The largest seller was Ballast Asset Management, cutting an estimated $745K.
- 97 institutional investors held Rimini Street (RMNI) as of Q3 2024, down from 99 in Q2 2024.
- Funds reported $112M of Rimini Street stock for Q3 2024, down 40% quarter-over-quarter.
- 10 funds opened new Rimini Street positions in Q3 2024 and 12 closed out, a net change of -2 holders.
- The largest Rimini Street buyer in Q3 2024 was Brooktree Capital Management, an estimated $986K added.
- The largest Rimini Street seller in Q3 2024 was Ballast Asset Management, an estimated $745K sold.
Based on aggregated 13F filings for Q3 2024.