RigNet, Inc.
RNET
RNET was delisted on the 30th of April, 2021.
56 hedge funds and large institutions have $133M invested in RigNet, Inc. in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
0% more funds holding
Funds holding: 56 → 56 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
23% less capital invested
Capital invested by funds: $172M → $133M (-$38.9M)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $250K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$2M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
+$381K |
| 3 |
BlackRock
New York
|
+$271K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$223K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.32M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$492K |
| 3 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$272K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$228K |
| 5 |
Squarepoint
New York
|
-$180K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
51
Meeder Asset Management
Dublin,
Ohio
| $7K | – | – | – |
|
52
Nisa Investment Advisors
St. Louis,
Missouri
| $6K | +$3.71K | +440 | +129% |
|
53
Group One Trading
Chicago,
Illinois
| $5K | – | – | – |
|
54
Federated Hermes
Pittsburgh,
Pennsylvania
| $3K | – | – | – |
|
|
QT
55
Quantamental Technologies
White Plains,
New York
| $2K | -$6.67K | -792 | -80% |
|
|
BFC
56
Bedel Financial Consulting
Indianapolis,
Indiana
| $1K | +$792 | +94 | New |
|
|
57
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$228K | -22,594 | Closed |
|
|
AG
58
Aperio Group
Sausalito,
California
| – | -$2K | -173 | Closed |
|
RNET Hedge Fund Activity: Q3 2019 in Review
56 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in RigNet, Inc. (RNET) for Q3 2019, worth a combined $133M — down 23% from $172M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RNET positions and 2 closed out — a net gain of 1 holder — while 23 added to existing stakes and 16 trimmed.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $2M. The largest seller was JP Morgan Chase, cutting an estimated $1.32M.
- 56 institutional investors held RigNet, Inc. (RNET) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $133M of RigNet, Inc. stock for Q3 2019, down 23% quarter-over-quarter.
- 3 funds opened new RigNet, Inc. positions in Q3 2019 and 2 closed out, a net change of +1 holder.
- The largest RigNet, Inc. buyer in Q3 2019 was ArrowMark Colorado Holdings, an estimated $2M added.
- The largest RigNet, Inc. seller in Q3 2019 was JP Morgan Chase, an estimated $1.32M sold.
Based on aggregated 13F filings for Q3 2019.