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RingCentral

261 hedge funds and large institutions have $2.75B invested in RingCentral in 2023 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 82 increasing their positions, 103 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

134% more call options, than puts

Call options by funds: $146M | Put options by funds: $62.2M

10% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 39

4% more capital invested

Capital invested by funds: $2.64B → $2.75B (+$116M)

1% more funds holding

Funds holding: 259261 (+2)

8.21% less ownership

Funds ownership: 104.93%96.71% (-8.2%)

20% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 103

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
261
Holders Change
+2
Holders Change %
+0.77%
% of All Funds
3.81%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
43
Increased
82
Reduced
103
Closed
39
Calls
$146M
Puts
$62.2M
Net Calls
+$83.5M
Net Calls Change
+$61M
Name Holding Trade Value Shares
Change
Change in
Stake
FFA
226
Farther Finance Advisors
California
$12.1K +$10.6K +356 New
MIFH
227
Migdal Insurance & Financial Holdings
Israel
$12K +$627 +21 +6%
RWPA
228
Richard W. Paul & Associates
Michigan
$10.5K
LFG
229
Larson Financial Group
Missouri
$10.3K -$149 -5 -2%
AAM
230
Advisors Asset Management
Colorado
$10.3K -$627 -21 -6%
Carson Wealth (CWM LLC)
231
Carson Wealth (CWM LLC)
Nebraska
$10K +$1.31K +44 +19%
Macquarie Group
232
Macquarie Group
Australia
$9.4K
VWM
233
Venturi Wealth Management
Texas
$9K +$1.88K +63 +31%
QCG
234
Quadrant Capital Group
Ohio
$7.54K +$5.53K +185 +500%
BCM
235
Bourgeon Capital Management
Connecticut
$6.62K +$5.83K +195 New
SFCL
236
Strengthening Families & Communities LLC
Massachusetts
$6.35K +$5.59K +187 New
W
237
WealthCollab
Washington
$5.67K +$4.99K +167 New
PA
238
Parallel Advisors
California
$5.64K -$7.38K -247 -60%
HPC
239
HM Payson & Co
Maine
$5.09K
FP
240
Financial Perspectives
Minnesota
$4.72K
CYG
241
Clean Yield Group
Vermont
$3.4K
ACM
242
Aquatic Capital Management
Illinois
$3K +$2.99K +100 New
LC
243
Lindbrook Capital
California
$2.27K -$5.97K -200 -75%
OC
244
Oakworth Capital
Alabama
$2.04K +$1.79K +60 New
CFFP
245
Center for Financial Planning
Michigan
$1.87K
GRP
246
Global Retirement Partners
California
$1.55K -$119 -4 -8%
GWS
247
Glassman Wealth Services
Virginia
$1.46K -$209 -7 -14%
PWMG
248
Private Wealth Management Group
New Jersey
$1.43K +$1.25K +42 New
BIA
249
Bell Investment Advisors
California
$1.09K -$986 -33 -51%
HFM
250
Harvest Fund Management
China
$1K

RNG Hedge Fund Activity: Q4 2023 in Review

261 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q4 2023, worth a combined $2.75B — up 4.4% from $2.64B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new RNG positions and 39 closed out — a net gain of 4 holders — while 82 added to existing stakes and 103 trimmed.

The largest buyer was Ameriprise, adding an estimated $56.6M. The largest seller was Alkeon Capital Management, cutting an estimated $60.1M.

  • 261 institutional investors held RingCentral (RNG) as of Q4 2023, up from 259 in Q3 2023.
  • Funds reported $2.75B of RingCentral stock for Q4 2023, up 4.4% quarter-over-quarter.
  • 43 funds opened new RingCentral positions in Q4 2023 and 39 closed out, a net change of +4 holders.
  • The largest RingCentral buyer in Q4 2023 was Ameriprise, an estimated $56.6M added.
  • The largest RingCentral seller in Q4 2023 was Alkeon Capital Management, an estimated $60.1M sold.

Based on aggregated 13F filings for Q4 2023.