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RingCentral

484 hedge funds and large institutions have $16.7B invested in RingCentral in 2021 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 183 increasing their positions, 179 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more repeat investments, than reductions

Existing positions increased: 183 | Existing positions reduced: 179

0.99% less ownership

Funds ownership: 95.58%94.6% (-0.99%)

7% less funds holding

Funds holding: 521484 (-37)

14% less call options, than puts

Call options by funds: $409M | Put options by funds: $477M

25% less capital invested

Capital invested by funds: $22.4B → $16.7B (-$5.69B)

32% less first-time investments, than exits

New positions opened: 59 | Existing positions closed: 87

38% less funds holding in top 10

Funds holding in top 10: 1610 (-6)

Holders
484
Holders Change
-37
Holders Change %
-7.1%
% of All Funds
8.47%
Holding in Top 10
10
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-37.5%
% of All Funds
0.18%
New
59
Increased
183
Reduced
179
Closed
87
Calls
$409M
Puts
$477M
Net Calls
-$68.6M
Net Calls Change
-$143M
Name Holding Trade Value Shares
Change
Change in
Stake
JAM
451
JCIC Asset Management
Ontario, Canada
$5K
KFI
452
Key Financial Inc
Pennsylvania
$4K
PP
453
Pacifica Partners
Canada
$4K
AIM
454
Anchor Investment Management
South Carolina
$3.04K
Fifth Third Bancorp
455
Fifth Third Bancorp
Ohio
$3K -$66.9K -264 -95%
VCM
456
Versant Capital Management
Arizona
$3K -$1.01K -4 -21%
AWM
457
Activest Wealth Management
Florida
$3K
BWM
458
BerganKDV Wealth Management
Minnesota
$3K
BWL
459
Bogart Wealth LLC
Virginia
$3K
SWM
460
Spire Wealth Management
Virginia
$3K
Bessemer Group
461
Bessemer Group
New Jersey
$3K +$3.04K +12 New
BIA
462
Bell Investment Advisors
California
$3K +$3.8K +15 New
BCH
463
Berkshire Capital Holdings
California
$2K -$15.1M -59,440 -100%
LC
464
Lindbrook Capital
California
$2K -$27.6K -109 -93%
AWA
465
Arkadios Wealth Advisors
Georgia
$2K -$6.08K -24 -65%
CTC
466
Central Trust Company
Missouri
$2K
GAM
467
Gemmer Asset Management
California
$2K
NL
468
NVWM LLC
Pennsylvania
$2K
OC
469
Oakworth Capital
Alabama
$2K
TFGT
470
TS Financial Group (TSFG)
Illinois
$2K
GKWIM
471
Gerber Kawasaki Wealth & Investment Management
California
$2K +$507 +2 New
CI Investments Inc
472
CI Investments Inc
Ontario, Canada
$2K +$2.54K +10 New
HNB
473
Huntington National Bank
Ohio
$2K +$2.79K +11 New
PI
474
PEAK6 Investments
Illinois
$1K -$2.94M -11,585 -100%
CA
475
Crewe Advisors
Utah
$1K

RNG Hedge Fund Activity: Q3 2021 in Review

484 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q3 2021, worth a combined $16.7B — down 25% from $22.4B a quarter earlier.

Sellers outnumbered buyers: 87 funds closed out of RNG and 59 opened new positions — a net loss of 28 holders — while 179 trimmed existing stakes and 183 added.

The largest buyer was Capital International Investors, adding an estimated $888M. The largest seller was Jennison Associates, cutting an estimated $499M.

  • 484 institutional investors held RingCentral (RNG) as of Q3 2021, down from 521 in Q2 2021.
  • Funds reported $16.7B of RingCentral stock for Q3 2021, down 25% quarter-over-quarter.
  • 59 funds opened new RingCentral positions in Q3 2021 and 87 closed out, a net change of -28 holders.
  • The largest RingCentral buyer in Q3 2021 was Capital International Investors, an estimated $888M added.
  • The largest RingCentral seller in Q3 2021 was Jennison Associates, an estimated $499M sold.

Based on aggregated 13F filings for Q3 2021.