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RingCentral

477 hedge funds and large institutions have $16.4B invested in RingCentral in 2020 Q1 according to their latest regulatory filings, with 133 funds opening new positions, 163 increasing their positions, 143 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more first-time investments, than exits

New positions opened: 133 | Existing positions closed: 54

59% more funds holding in top 10

Funds holding in top 10: 2235 (+13)

31% more capital invested

Capital invested by funds: $12.5B → $16.4B (+$3.85B)

18% more funds holding

Funds holding: 403477 (+74)

14% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 143

2.43% more ownership

Funds ownership: 99.1%101.53% (+2.4%)

13% less call options, than puts

Call options by funds: $264M | Put options by funds: $303M

Holders
477
Holders Change
+74
Holders Change %
+18.36%
% of All Funds
10.51%
Holding in Top 10
35
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+59.09%
% of All Funds
0.77%
New
133
Increased
163
Reduced
143
Closed
54
Calls
$264M
Puts
$303M
Net Calls
-$39M
Net Calls Change
-$31.9M
Name Holding Trade Value Shares
Change
Change in
Stake
SWA
451
Sutton Wealth Advisors
Florida
$9.75K
CI
452
CX Institutional
Indiana
$9K -$26.4K -128 -74%
ETC
453
Exchange Traded Concepts
Oklahoma
$9K -$1.03K -5 -11%
KFS
454
Kelly Financial Services
Massachusetts
$8.48K +$8.24K +40 New
BWM
455
BerganKDV Wealth Management
Minnesota
$8K
TPCW
456
TD Private Client Wealth
New York
$6.57K +$4.12K +20 +182%
OSAM
457
O'Shaughnessy Asset Management
Connecticut
$6K +$3.91K +19 +211%
First Manhattan
458
First Manhattan
New York
$6K +$6.18K +30 New
TWA
459
TCI Wealth Advisors
Arizona
$5K +$5.15K +25 New
AA
460
Advisory Alpha
Michigan
$4.78K
HMS
461
Hanseatic Management Services
New Mexico
$4K
SFSIG
462
San Francisco Sentry Investment Group
California
$4K
SIAS
463
Shine Investment Advisory Services
Colorado
$4K +$3.5K +17 New
PFO
464
Pathstone Family Office
New Jersey
$4K +$3.91K +19 New
VCM
465
Versant Capital Management
Arizona
$4K +$3.91K +19 New
ABC
466
Associated Banc-Corp
Wisconsin
$4K +$4.12K +20 New
SQA
467
Simon Quick Advisors
New Jersey
$4K +$4.12K +20 New
GT
468
Glenmede Trust
Pennsylvania
$3K
APA
469
American Portfolios Advisors
New York
$2.12K
Carson Wealth (CWM LLC)
470
Carson Wealth (CWM LLC)
Nebraska
$2K
HI
471
Hudock Inc
Pennsylvania
$2K +$2.06K +10 New
TFS
472
TrustCore Financial Services
Tennessee
$2K +$2.06K +10 New
GWS
473
Glassman Wealth Services
Virginia
$1K
LC
474
Lindbrook Capital
California
$1K +$618 +3 New
M
475
MOTCO
Texas
$1K +$824 +4 New

RNG Hedge Fund Activity: Q1 2020 in Review

477 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q1 2020, worth a combined $16.4B — up 31% from $12.5B a quarter earlier.

Buyers outnumbered sellers: 133 funds opened new RNG positions and 54 closed out — a net gain of 79 holders — while 163 added to existing stakes and 143 trimmed.

The largest buyer was Jennison Associates, adding an estimated $396M. The largest seller was Coatue Management, cutting an estimated $332M.

  • 477 institutional investors held RingCentral (RNG) as of Q1 2020, up from 403 in Q4 2019.
  • Funds reported $16.4B of RingCentral stock for Q1 2020, up 31% quarter-over-quarter.
  • 133 funds opened new RingCentral positions in Q1 2020 and 54 closed out, a net change of +79 holders.
  • The largest RingCentral buyer in Q1 2020 was Jennison Associates, an estimated $396M added.
  • The largest RingCentral seller in Q1 2020 was Coatue Management, an estimated $332M sold.

Based on aggregated 13F filings for Q1 2020.