RigNet, Inc.
RNET
RNET was delisted on the 30th of April, 2021.
91 hedge funds and large institutions have $523M invested in RigNet, Inc. in 2015 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
14% more funds holding
Funds holding: 80 → 91 (+11)
6% more capital invested
Capital invested by funds: $494M → $523M (+$29M)
2% less call options, than puts
Call options by funds: $183K | Put options by funds: $186K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$17.2M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$13.7M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
+$6.84M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$5.59M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$4.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$24.6M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$16M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.2M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$4.51M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.08M |
RNET Hedge Fund Activity: Q2 2015 in Review
91 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in RigNet, Inc. (RNET) for Q2 2015, worth a combined $523M — up 5.9% from $494M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RNET positions and 5 closed out — a net gain of 11 holders — while 35 added to existing stakes and 29 trimmed.
The largest buyer was Kornitzer Capital Management, adding an estimated $17.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $24.6M.
- 91 institutional investors held RigNet, Inc. (RNET) as of Q2 2015, up from 80 in Q1 2015.
- Funds reported $523M of RigNet, Inc. stock for Q2 2015, up 5.9% quarter-over-quarter.
- 16 funds opened new RigNet, Inc. positions in Q2 2015 and 5 closed out, a net change of +11 holders.
- The largest RigNet, Inc. buyer in Q2 2015 was Kornitzer Capital Management, an estimated $17.2M added.
- The largest RigNet, Inc. seller in Q2 2015 was T. Rowe Price Associates, an estimated $24.6M sold.
Based on aggregated 13F filings for Q2 2015.