RigNet, Inc.
RNET
RNET was delisted on the 30th of April, 2021.
75 hedge funds and large institutions have $267M invested in RigNet, Inc. in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 7 closing their positions.
0% more funds holding
Funds holding: 75 → 75 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
16% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 31
38% less capital invested
Capital invested by funds: $429M → $267M (-$162M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$3.3M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$1.76M |
| 3 |
AG
Algert Global
San Francisco,
California
|
+$911K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$842K |
| 5 |
Renaissance Technologies
New York
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$72.1M |
| 2 |
O
OppenheimerFunds
New York
|
-$3.24M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$1.49M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$1.07M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
76
Trexquant Investment
Stamford,
Connecticut
| – | -$456K | -21,281 | Closed |
|
77
AQR Capital Management
Greenwich,
Connecticut
| – | -$442K | -20,628 | Closed |
|
|
ARTA
78
A.R.T. Advisors
New York
| – | -$289K | -13,477 | Closed |
|
|
FQ
79
First Quadrant
Glendale,
California
| – | -$96K | -4,498 | Closed |
|
80
Walleye Trading
New York
| – | -$43 | -2,000 | Closed |
|
81
Barclays
London,
United Kingdom
| – | -$33.8K | -1,861 | -100% |
|
82
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$12K | -562 | Closed |
|
RNET Hedge Fund Activity: Q2 2017 in Review
75 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in RigNet, Inc. (RNET) for Q2 2017, worth a combined $267M — down 38% from $429M a quarter earlier.
Fund positioning in RNET was balanced in Q2 2017: 7 funds opened new positions, 7 closed out, 26 added to existing stakes and 31 trimmed.
The largest buyer was Skandinaviska Enskilda Banken (SEB), adding an estimated $3.3M. The largest seller was Credit Agricole, exiting entirely with an estimated $72.1M sold.
- 75 institutional investors held RigNet, Inc. (RNET) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $267M of RigNet, Inc. stock for Q2 2017, down 38% quarter-over-quarter.
- 7 funds opened new RigNet, Inc. positions in Q2 2017 and 7 closed out, a net change of 0 holders.
- The largest RigNet, Inc. buyer in Q2 2017 was Skandinaviska Enskilda Banken (SEB), an estimated $3.3M added.
- The largest RigNet, Inc. seller in Q2 2017 was Credit Agricole, an estimated $72.1M sold.
Based on aggregated 13F filings for Q2 2017.