RingCentral
284 hedge funds and large institutions have $5.45B invested in RingCentral in 2018 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 90 increasing their positions, 105 reducing their positions, and 50 closing their positions.
157% more funds holding in top 10
Funds holding in top 10: 7 → 18 (+11)
57% more call options, than puts
Call options by funds: $37.5M | Put options by funds: $23.9M
16% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 50
2.81% more ownership
Funds ownership: 93.64% → 96.45% (+2.8%)
3% more funds holding
Funds holding: 277 → 284 (+7)
8% less capital invested
Capital invested by funds: $5.91B → $5.45B (-$456M)
14% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$217M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$70.8M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$38.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$37.7M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$60.8M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$58.1M |
| 3 |
Two Sigma Investments
New York
|
-$41.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$35.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$34.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICM
326
IMS Capital Management
Portland,
Oregon
| – | -$9K | -100 | Closed |
|
|
AS
327
Altshuler Shaham
Tel Aviv,
Israel
| – | -$7K | -75 | Closed |
|
|
TPWA
328
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$3.72K | -40 | Closed |
|
|
WSTAM
329
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$1K | -15 | Closed |
|
330
Parallax Volatility Advisers
San Francisco,
California
| – | +$236 | +3 | New |
|
|
PWM
331
PRW Wealth Management
Quincy,
Massachusetts
| – | +$236 | +3 | New |
|
|
WCM
332
WealthBridge Capital Management
Westerville,
Ohio
| – | +$315 | +4 | New |
|
|
GT
333
Glenmede Trust
Philadelphia,
Pennsylvania
| – | +$866 | +11 | New |
|
RNG Hedge Fund Activity: Q4 2018 in Review
284 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q4 2018, worth a combined $5.45B — down 7.7% from $5.91B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new RNG positions and 50 closed out — a net gain of 8 holders — while 90 added to existing stakes and 105 trimmed.
The largest buyer was Capital World Investors, adding an estimated $217M. The largest seller was Renaissance Technologies, cutting an estimated $60.8M.
- 284 institutional investors held RingCentral (RNG) as of Q4 2018, up from 277 in Q3 2018.
- Funds reported $5.45B of RingCentral stock for Q4 2018, down 7.7% quarter-over-quarter.
- 58 funds opened new RingCentral positions in Q4 2018 and 50 closed out, a net change of +8 holders.
- The largest RingCentral buyer in Q4 2018 was Capital World Investors, an estimated $217M added.
- The largest RingCentral seller in Q4 2018 was Renaissance Technologies, an estimated $60.8M sold.
Based on aggregated 13F filings for Q4 2018.