RigNet, Inc.
RNET
RNET was delisted on the 30th of April, 2021.
35 hedge funds and large institutions have $60.1M invested in RigNet, Inc. in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 12 closing their positions.
92% more capital invested
Capital invested by funds: $31.3M → $60.1M (+$28.8M)
13% less funds holding
Funds holding: 40 → 35 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
82% less call options, than puts
Call options by funds: $43K | Put options by funds: $233K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$2.24M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.16M |
| 3 |
AC
AWH Capital
Dallas,
Texas
|
+$835K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$662K |
| 5 |
Renaissance Technologies
New York
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIPM
G2 Investment Partners Management
New York
|
-$2.41M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$922K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$748K |
| 4 |
BlackRock
New York
|
-$468K |
| 5 |
KAM
Kopion Asset Management
Mckinney,
Texas
|
-$192K |
RNET Hedge Fund Activity: Q3 2020 in Review
35 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in RigNet, Inc. (RNET) for Q3 2020, worth a combined $60.1M — up 92% from $31.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RNET and 7 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 5 added.
The largest buyer was Anson Funds Management, opening a new position worth an estimated $2.24M. The largest seller was G2 Investment Partners Management, cutting an estimated $2.41M.
- 35 institutional investors held RigNet, Inc. (RNET) as of Q3 2020, down from 40 in Q2 2020.
- Funds reported $60.1M of RigNet, Inc. stock for Q3 2020, up 92% quarter-over-quarter.
- 7 funds opened new RigNet, Inc. positions in Q3 2020 and 12 closed out, a net change of -5 holders.
- The largest RigNet, Inc. buyer in Q3 2020 was Anson Funds Management, an estimated $2.24M added.
- The largest RigNet, Inc. seller in Q3 2020 was G2 Investment Partners Management, an estimated $2.41M sold.
Based on aggregated 13F filings for Q3 2020.