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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
PWM
501
Purus Wealth Management
California
-$1.19M -4,078 Closed
ORI
502
Oak Ridge Investments
Illinois
-$1.1M -3,773 Closed
AAM
503
Azzad Asset Management
Virginia
-$905K -3,113 Closed
TPM
504
Triasima Portfolio Management
Quebec, Canada
-$734K -2,525 Closed
AIL
505
AGF Investments LLC
Ontario, Canada
-$701K -2,414 Closed
SCA
506
Snowden Capital Advisors
New York
-$584K -2,011 Closed
B
507
BP
United Kingdom
-$542K -1,865 Closed
CA
508
Capitolis Advisors
New York
-$536K -1,843 Closed
TSS
509
Two Sigma Securities
New York
-$463K -1,826 Closed
WMP
510
Wealth Management Partners
Arizona
-$508K -1,749 Closed
LIA
511
LBMC Investment Advisors
Tennessee
-$436K -1,500 Closed
PAS
512
Park Avenue Securities
New York
-$409K -1,408 Closed
PCA
513
Pallas Capital Advisors
Massachusetts
-$346K -1,331 Closed
DWM
514
Darwin Wealth Management
Florida
-$367K -1,262 Closed
DCM
515
Dupont Capital Management
Delaware
-$366K -1,261 Closed
PFPT
516
Pinnacle Financial Partners (Tennessee)
Tennessee
-$359K -1,236 Closed
VAS
517
Vestmark Advisory Solutions
Massachusetts
-$324K -1,116 Closed
NIP
518
Nicholas Investment Partners
California
-$320K -1,101 Closed
PP
519
Prudential plc
United Kingdom
-$314K -1,080 Closed
ARG
520
Advisory Resource Group
Oklahoma
-$309K -1,064 Closed
QT
521
Quantamental Technologies
New York
-$303K -1,042 Closed
BRWM
522
B. Riley Wealth Management
Tennessee
-$298K -1,026 Closed
AAS
523
Avantax Advisory Services
Texas
-$293K -1,007 Closed
PFG
524
PAX Financial Group
Texas
-$291K -1,002 Closed
MYIA
525
Mount Yale Investment Advisors
Colorado
-$287K -989 Closed

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.