RigNet, Inc.
RNET
RNET was delisted on the 30th of April, 2021.
71 hedge funds and large institutions have $172M invested in RigNet, Inc. in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 24 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
6% more funds holding
Funds holding: 67 → 71 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 24
25% less capital invested
Capital invested by funds: $229M → $172M (-$56.8M)
49% less call options, than puts
Call options by funds: $258K | Put options by funds: $509K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.26M |
| 2 |
BlackRock
New York
|
+$959K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$945K |
| 4 |
Millennium Management
New York
|
+$662K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$4.15M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$823K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$770K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$656K |
| 5 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$515K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FDCDDQ
76
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$197K | -14,510 | Closed |
|
|
PG
77
PEAK6 Group
Chicago,
Illinois
| – | -$85K | -6,230 | Closed |
|
78
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$32K | -2,365 | Closed |
|
79
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$16K | -1,200 | Closed |
|
80
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$6K | -466 | Closed |
|
|
SWP
81
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$1K | -100 | Closed |
|
RNET Hedge Fund Activity: Q2 2018 in Review
71 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in RigNet, Inc. (RNET) for Q2 2018, worth a combined $172M — down 25% from $229M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RNET positions and 10 closed out — a net gain of 4 holders — while 22 added to existing stakes and 24 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $2.26M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $4.15M sold.
- 71 institutional investors held RigNet, Inc. (RNET) as of Q2 2018, up from 67 in Q1 2018.
- Funds reported $172M of RigNet, Inc. stock for Q2 2018, down 25% quarter-over-quarter.
- 14 funds opened new RigNet, Inc. positions in Q2 2018 and 10 closed out, a net change of +4 holders.
- The largest RigNet, Inc. buyer in Q2 2018 was Fidelity Investments, an estimated $2.26M added.
- The largest RigNet, Inc. seller in Q2 2018 was OppenheimerFunds, an estimated $4.15M sold.
Based on aggregated 13F filings for Q2 2018.