RigNet, Inc.
RNET
RNET was delisted on the 30th of April, 2021.
96 hedge funds and large institutions have $732M invested in RigNet, Inc. in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 34 reducing their positions, and 12 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
97% more capital invested
Capital invested by funds: $371M → $732M (+$361M)
21% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 34
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 95 → 96 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$182M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.06M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.09M |
| 5 |
Renaissance Technologies
New York
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$5.35M |
| 2 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
-$1.51M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.28M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.22M |
| 5 |
PCP
Perimeter Capital Partners
Atlanta,
Georgia
|
-$1.14M |
RNET Hedge Fund Activity: Q4 2013 in Review
96 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in RigNet, Inc. (RNET) for Q4 2013, worth a combined $732M — up 97% from $371M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RNET positions and 12 closed out — a net gain of 2 holders — while 41 added to existing stakes and 34 trimmed.
The largest buyer was Kohlberg Kravis Roberts & Co, opening a new position worth an estimated $182M. The largest seller was Lafitte Capital Management, cutting an estimated $5.35M.
- 96 institutional investors held RigNet, Inc. (RNET) as of Q4 2013, up from 95 in Q3 2013.
- Funds reported $732M of RigNet, Inc. stock for Q4 2013, up 97% quarter-over-quarter.
- 14 funds opened new RigNet, Inc. positions in Q4 2013 and 12 closed out, a net change of +2 holders.
- The largest RigNet, Inc. buyer in Q4 2013 was Kohlberg Kravis Roberts & Co, an estimated $182M added.
- The largest RigNet, Inc. seller in Q4 2013 was Lafitte Capital Management, an estimated $5.35M sold.
Based on aggregated 13F filings for Q4 2013.