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RingCentral

154 hedge funds and large institutions have $774M invested in RingCentral in 2016 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 53 increasing their positions, 58 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more call options, than puts

Call options by funds: $9.24M | Put options by funds: $5.74M

0% more funds holding

Funds holding: 154154 (0)

0% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 31

0.22% less ownership

Funds ownership: 84.84%84.61% (-0.22%)

9% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 58

31% less capital invested

Capital invested by funds: $1.13B → $774M (-$355M)

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

Holders
154
Holders Change
Holders Change %
0%
% of All Funds
4.1%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.08%
New
31
Increased
53
Reduced
58
Closed
31
Calls
$9.24M
Puts
$5.74M
Net Calls
+$3.51M
Net Calls Change
-$2.08M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$8.52M +$4.96M +265,175 +96%
Bank of America
27
Bank of America
North Carolina
$7.46M -$4.6M -246,079 -34%
Bank of Montreal
28
Bank of Montreal
Ontario, Canada
$7.22M -$141K -7,535 -2%
LOAMU
29
Lombard Odier Asset Management (USA)
New York
$7.03M +$8.35M +446,274 New
Morgan Stanley
30
Morgan Stanley
New York
$6.75M +$4.22M +225,399 +111%
DCM
31
Driehaus Capital Management
Illinois
$6.06M -$11.5M -615,768 -62%
WRF
32
Waddell & Reed Financial
Kansas
$6.03M +$1.27M +68,000 +22%
Caisse de Depot et Placement du Quebec (CDPQ)
33
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$5.99M +$4.02M +215,000 +130%
Manulife (Manufacturers Life Insurance)
34
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.74M +$1.56M +83,597 +28%
CPIM
35
Columbia Partners Investment Management
Virginia
$5.63M -$288K -15,385 -4%
RIM
36
Rainier Investment Management
Washington
$4.84M -$1.39M -74,110 -19%
Citadel Advisors
37
Citadel Advisors
Florida
$4.82M +$3.08M +164,859 +117%
Goldman Sachs
38
Goldman Sachs
New York
$4.56M +$3.11M +166,377 +135%
American Century Companies
39
American Century Companies
Missouri
$4.31M +$1.1M +58,555 +27%
FG
40
Formula Growth
Quebec, Canada
$4.3M +$1.88M +100,640 +58%
RA
41
Royce & Associates
New York
$4.24M +$2.4M +128,000 +91%
HSA
42
Hussman Strategic Advisors
Maryland
$3.94M +$4.68M +250,000 New
CCM
43
Century Capital Management
Massachusetts
$3.71M -$7.61M -406,818 -63%
California Public Employees Retirement System
44
California Public Employees Retirement System
California
$3.63M -$548K -29,300 -11%
PPA
45
Parametric Portfolio Associates
Washington
$3.63M +$1.66M +88,459 +62%
TCIM
46
TIAA CREF Investment Management
New York
$3.46M +$857K +45,802 +26%
Bank of New York Mellon
47
Bank of New York Mellon
New York
$3.35M -$804K -42,982 -17%
Charles Schwab
48
Charles Schwab
California
$3.28M +$82.5K +4,409 +2%
Two Sigma Investments
49
Two Sigma Investments
New York
$3.2M -$2.26M -120,724 -37%
1CM
50
1492 Capital Management
Wisconsin
$3.08M -$330K -17,660 -8%

RNG Hedge Fund Activity: Q1 2016 in Review

154 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q1 2016, worth a combined $774M — down 31% from $1.13B a quarter earlier.

Fund positioning in RNG was balanced in Q1 2016: 31 funds opened new positions, 31 closed out, 53 added to existing stakes and 58 trimmed.

The largest buyer was Alyeska Investment Group, adding an estimated $31.6M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $24.2M.

  • 154 institutional investors held RingCentral (RNG) as of Q1 2016, unchanged from Q4 2015.
  • Funds reported $774M of RingCentral stock for Q1 2016, down 31% quarter-over-quarter.
  • 31 funds opened new RingCentral positions in Q1 2016 and 31 closed out, a net change of 0 holders.
  • The largest RingCentral buyer in Q1 2016 was Alyeska Investment Group, an estimated $31.6M added.
  • The largest RingCentral seller in Q1 2016 was Vaughan Nelson Investment Management, an estimated $24.2M sold.

Based on aggregated 13F filings for Q1 2016.