RigNet, Inc.
RNET
RNET was delisted on the 30th of April, 2021.
63 hedge funds and large institutions have $220M invested in RigNet, Inc. in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 9 closing their positions.
96% more call options, than puts
Call options by funds: $622K | Put options by funds: $317K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
2% less funds holding
Funds holding: 64 → 63 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
37% less capital invested
Capital invested by funds: $351M → $220M (-$131M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIPM
G2 Investment Partners Management
New York
|
+$3.41M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.19M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$548K |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$531K |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$363K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.21M |
| 2 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$1.03M |
| 3 |
Goldman Sachs
New York
|
-$421K |
| 4 |
Two Sigma Investments
New York
|
-$388K |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$361K |
RNET Hedge Fund Activity: Q4 2018 in Review
63 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in RigNet, Inc. (RNET) for Q4 2018, worth a combined $220M — down 37% from $351M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RNET and 8 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 22 added.
The largest buyer was G2 Investment Partners Management, adding an estimated $3.41M. The largest seller was Vanguard Group, cutting an estimated $1.21M.
- 63 institutional investors held RigNet, Inc. (RNET) as of Q4 2018, down from 64 in Q3 2018.
- Funds reported $220M of RigNet, Inc. stock for Q4 2018, down 37% quarter-over-quarter.
- 8 funds opened new RigNet, Inc. positions in Q4 2018 and 9 closed out, a net change of -1 holder.
- The largest RigNet, Inc. buyer in Q4 2018 was G2 Investment Partners Management, an estimated $3.41M added.
- The largest RigNet, Inc. seller in Q4 2018 was Vanguard Group, an estimated $1.21M sold.
Based on aggregated 13F filings for Q4 2018.