RigNet, Inc.
RNET
RNET was delisted on the 30th of April, 2021.
101 hedge funds and large institutions have $828M invested in RigNet, Inc. in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 40 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
13% more capital invested
Capital invested by funds: $732M → $828M (+$96.3M)
5% more funds holding
Funds holding: 96 → 101 (+5)
5% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 40
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$9.51M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$7.19M |
| 3 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$4.12M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$2.15M |
| 5 |
Renaissance Technologies
New York
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$9.65M |
| 2 |
DS
Dudley & Shanley
Palm Beach,
Florida
|
-$5.79M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$3.53M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.85M |
| 5 |
BC
Beaconlight Capital
New York
|
-$2.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
101
Beaconlight Capital
New York
| – | -$2.27M | -47,309 | Closed |
|
|
OAM
102
Oxford Asset Management
Oxford,
United Kingdom
| – | -$1.42M | -29,606 | Closed |
|
|
PCM
103
Prelude Capital Management
New York
| – | -$567K | -11,829 | Closed |
|
|
GCP
104
GSA Capital Partners
London,
United Kingdom
| – | -$431K | -8,983 | Closed |
|
|
RA
105
Royce & Associates
New York
| – | -$316K | -6,600 | Closed |
|
106
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$250K | -5,224 | Closed |
|
107
BNP Paribas Financial Markets
Paris,
France
| – | -$7.33K | -153 | Closed |
|
|
KCPG
108
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$1K | -22 | Closed |
|
109
Ameriprise
Minneapolis,
Minnesota
| – | +$97 | +2 | +40% |
|
RNET Hedge Fund Activity: Q1 2014 in Review
101 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in RigNet, Inc. (RNET) for Q1 2014, worth a combined $828M — up 13% from $732M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RNET positions and 8 closed out — a net gain of 6 holders — while 38 added to existing stakes and 40 trimmed.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $9.51M. The largest seller was Lafitte Capital Management, cutting an estimated $9.65M.
- 101 institutional investors held RigNet, Inc. (RNET) as of Q1 2014, up from 96 in Q4 2013.
- Funds reported $828M of RigNet, Inc. stock for Q1 2014, up 13% quarter-over-quarter.
- 14 funds opened new RigNet, Inc. positions in Q1 2014 and 8 closed out, a net change of +6 holders.
- The largest RigNet, Inc. buyer in Q1 2014 was ArrowMark Colorado Holdings, an estimated $9.51M added.
- The largest RigNet, Inc. seller in Q1 2014 was Lafitte Capital Management, an estimated $9.65M sold.
Based on aggregated 13F filings for Q1 2014.