RigNet, Inc.
RNET
RNET was delisted on the 30th of April, 2021.
87 hedge funds and large institutions have $468M invested in RigNet, Inc. in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 19 reducing their positions, and 14 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less funds holding
Funds holding: 91 → 87 (-4)
10% less capital invested
Capital invested by funds: $522M → $468M (-$54.6M)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $701K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$24.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$15.6M |
| 3 |
O
OppenheimerFunds
New York
|
+$4.42M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.25M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.4M |
| 2 |
WSA
Wall Street Associates
Lajolla,
California
|
-$6.25M |
| 3 |
AIM
Act II Management
New York
|
-$2.74M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$1.93M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$1.79M |
RNET Hedge Fund Activity: Q3 2015 in Review
87 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in RigNet, Inc. (RNET) for Q3 2015, worth a combined $468M — down 10% from $522M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RNET and 11 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 38 added.
The largest buyer was Rutabaga Capital Management, opening a new position worth an estimated $24.9M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $29.4M sold.
- 87 institutional investors held RigNet, Inc. (RNET) as of Q3 2015, down from 91 in Q2 2015.
- Funds reported $468M of RigNet, Inc. stock for Q3 2015, down 10% quarter-over-quarter.
- 11 funds opened new RigNet, Inc. positions in Q3 2015 and 14 closed out, a net change of -3 holders.
- The largest RigNet, Inc. buyer in Q3 2015 was Rutabaga Capital Management, an estimated $24.9M added.
- The largest RigNet, Inc. seller in Q3 2015 was T. Rowe Price Associates, an estimated $29.4M sold.
Based on aggregated 13F filings for Q3 2015.