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RingCentral

259 hedge funds and large institutions have $2.64B invested in RingCentral in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 93 increasing their positions, 97 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more call options, than puts

Call options by funds: $77.7M | Put options by funds: $55.2M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

10.09% more ownership

Funds ownership: 94.84%104.93% (+10%)

1% less capital invested

Capital invested by funds: $2.66B → $2.64B (-$23.8M)

4% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 97

10% less funds holding

Funds holding: 287259 (-28)

45% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 58

Holders
259
Holders Change
-28
Holders Change %
-9.76%
% of All Funds
4.11%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
32
Increased
93
Reduced
97
Closed
58
Calls
$77.7M
Puts
$55.2M
Net Calls
+$22.5M
Net Calls Change
-$67.5M
Name Holding Trade Value Shares
Change
Change in
Stake
RWPA
226
Richard W. Paul & Associates
Michigan
$9.13K -$199 -6 -2%
NA
227
NewEdge Advisors
Louisiana
$8.83K -$332 -10 -3%
Macquarie Group
228
Macquarie Group
Australia
$8.21K
LC
229
Lindbrook Capital
California
$7.91K -$3.22K -97 -27%
Carson Wealth (CWM LLC)
230
Carson Wealth (CWM LLC)
Nebraska
$7K +$2.26K +68 +40%
NFSG
231
Newbridge Financial Services Group
Florida
$6.61K
VWM
232
Venturi Wealth Management
Texas
$5.99K +$6.71K +202 New
HT
233
Headlands Technologies
Illinois
$4.83K +$5.42K +163 New
FFC
234
First Financial Corp
Indiana
$4.53K +$5.08K +153 New
HPC
235
HM Payson & Co
Maine
$4.45K
HNB
236
Huntington National Bank
Ohio
$4.12K -$33 -1 -0.7%
FP
237
Financial Perspectives
Minnesota
$4.12K
EWA
238
EverSource Wealth Advisors
Alabama
$3.94K +$1.1K +33 +33%
CYG
239
Clean Yield Group
Vermont
$3.03K
AA
240
AlphaMark Advisors
Kentucky
$3K
CIA
241
Cape Investment Advisory
Georgia
$2.79K
BAAM
242
Baker Avenue Asset Management
California
$2.64K +$1.56K +47 +112%
AF
243
Allworth Financial
California
$2.04K -$14.6K -440 -86%
BIA
244
Bell Investment Advisors
California
$1.93K -$598 -18 -22%
PFBT
245
Parkside Financial Bank & Trust
Missouri
$1.63K +$1.06K +32 +139%
CFFP
246
Center for Financial Planning
Michigan
$1.63K
EARNEST Partners
247
EARNEST Partners
Georgia
$1.63K
GRP
248
Global Retirement Partners
California
$1.52K +$133 +4 +9%
GWS
249
Glassman Wealth Services
Virginia
$1.48K -$1.03K -31 -38%
QCG
250
Quadrant Capital Group
Ohio
$1.1K -$5.55K -167 -82%

RNG Hedge Fund Activity: Q3 2023 in Review

259 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q3 2023, worth a combined $2.64B — down 0.89% from $2.66B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of RNG and 32 opened new positions — a net loss of 26 holders — while 97 trimmed existing stakes and 93 added.

The largest buyer was Ameriprise, adding an estimated $75.6M. The largest seller was No Street GP LP, cutting an estimated $24.1M.

  • 259 institutional investors held RingCentral (RNG) as of Q3 2023, down from 287 in Q2 2023.
  • Funds reported $2.64B of RingCentral stock for Q3 2023, down 0.89% quarter-over-quarter.
  • 32 funds opened new RingCentral positions in Q3 2023 and 58 closed out, a net change of -26 holders.
  • The largest RingCentral buyer in Q3 2023 was Ameriprise, an estimated $75.6M added.
  • The largest RingCentral seller in Q3 2023 was No Street GP LP, an estimated $24.1M sold.

Based on aggregated 13F filings for Q3 2023.