We are live on ! Find out more
RNG icon

RingCentral
RNG

74 hedge funds and large institutions have $350M invested in RingCentral in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

178% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 9

172% more call options, than puts

Call options by funds: $462K | Put options by funds: $170K

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

69% more capital invested

Capital invested by funds: $207M → $350M (+$143M)

53% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 17

25% more funds holding

Funds holding: 59 → 74 (+15)

12.55% less ownership

Funds ownership: 130.42% → 117.87% (-13%)

Holders
74
Holders Change
+15
Holders Change %
+25.42%
% of All Funds
2.14%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
25
Increased
26
Reduced
17
Closed
9
Calls
$462K
Puts
$170K
Net Calls
+$292K
Net Calls Change
+$224K

Top Buyers

Rank Fund Capital Flow
1
BCPEM
Bain Capital Public Equity Management
Massachusetts
+$29.8M
2
RIM
RS Investment Management
California
+$27.9M
3
JP Morgan Chase
JP Morgan Chase
New York
+$21M
4
AllianceBernstein
AllianceBernstein
Tennessee
+$19.8M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$11.5M

Top Sellers

Rank Fund Capital Flow
1
Fidelity Investments
Fidelity Investments
Massachusetts
-$11.6M
2
BA
BlackRock Advisors
Delaware
-$2.92M
3
PRCM
Pine River Capital Management
Minnesota
-$2.69M
4
GGHC
Gilder Gagnon Howe & Co
New York
-$1.98M
5
DCM
Driehaus Capital Management
Illinois
-$1.92M
Name Holding Trade Value Shares
Change 		Change in
Stake
State Street
26
State Street
Massachusetts
$2.44M +$382K +19,008 +16%
Goldman Sachs
27
Goldman Sachs
New York
$2.31M +$2.35M +117,041 +1,095%
Millennium Management
28
Millennium Management
New York
$1.96M +$2.18M +108,380 New
Bank of New York Mellon
29
Bank of New York Mellon
New York
$1.95M +$946K +47,122 +78%
BIT
30
BlackRock Institutional Trust
California
$1.92M -$663K -33,042 -24%
Northern Trust
31
Northern Trust
Illinois
$1.87M -$222K -11,071 -10%
DIA
32
Denver Investment Advisors
Colorado
$1.83M +$2.03M +100,983 New
PCM
33
Pentwater Capital Management
Florida
$1.72M +$1.91M +95,000 New
RFC
34
Russell Frank Company
Washington
$1.52M +$1.69M +83,951 New
OFC
35
Open Field Capital
United States
$1.36M +$259K +12,900 +21%
BA
36
BlackRock Advisors
Delaware
$1.16M -$2.92M -145,519 -69%
EI
37
EAM Investors
California
$1.14M +$1.26M +62,956 New
Ameriprise
38
Ameriprise
Minnesota
$991K +$1.1M +54,759 New
Geode Capital Management
39
Geode Capital Management
Massachusetts
$915K +$153K +7,640 +18%
ICAP
40
Independence Capital Asset Partners
Colorado
$793K -$524K -26,097 -37%
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$779K – – –
CS
42
Credit Suisse
Switzerland
$621K +$689K +34,307 New
Tudor Investment Corp
43
Tudor Investment Corp
Connecticut
$579K +$643K +32,009 New
TCIM
44
TIAA CREF Investment Management
New York
$568K +$112K +5,590 +22%
Morgan Stanley
45
Morgan Stanley
New York
$516K -$1.1M -54,974 -66%
BIM
46
BlackRock Investment Management
Delaware
$500K +$44.1K +2,196 +9%
LCM
47
Laurion Capital Management
New York
$351K +$389K +19,366 New
Charles Schwab
48
Charles Schwab
California
$343K +$9.64K +480 +3%
PI
49
Putnam Investments
Massachusetts
$342K -$18.9K -943 -5%
Citadel Advisors
50
Citadel Advisors
Florida
$334K +$371K +18,456 New
1
2
3 4

RNG Hedge Fund Activity: Q1 2014 in Review

74 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q1 2014, worth a combined $350M — up 69% from $207M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new RNG positions and 9 closed out — a net gain of 16 holders — while 26 added to existing stakes and 17 trimmed.

The largest buyer was Bain Capital Public Equity Management, opening a new position worth an estimated $29.8M. The largest seller was Fidelity Investments, cutting an estimated $11.6M.

  • 74 institutional investors held RingCentral (RNG) as of Q1 2014, up from 59 in Q4 2013.
  • Funds reported $350M of RingCentral stock for Q1 2014, up 69% quarter-over-quarter.
  • 25 funds opened new RingCentral positions in Q1 2014 and 9 closed out, a net change of +16 holders.
  • The largest RingCentral buyer in Q1 2014 was Bain Capital Public Equity Management, an estimated $29.8M added.
  • The largest RingCentral seller in Q1 2014 was Fidelity Investments, an estimated $11.6M sold.

Based on aggregated 13F filings for Q1 2014.