RingCentral
422 hedge funds and large institutions have $9.33B invested in RingCentral in 2022 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 172 increasing their positions, 134 reducing their positions, and 92 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 134
27% more call options, than puts
Call options by funds: $297M | Put options by funds: $233M
1.43% less ownership
Funds ownership: 96.61% → 95.19% (-1.4%)
7% less funds holding
Funds holding: 452 → 422 (-30)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
29% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 92
37% less capital invested
Capital invested by funds: $14.9B → $9.33B (-$5.53B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Aaron Wealth Advisors
Chicago,
Illinois
|
+$141M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$106M |
| 3 |
Renaissance Technologies
New York
|
+$105M |
| 4 |
Millennium Management
New York
|
+$69.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$59.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$142M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$91.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$90M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$65.1M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$49.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
501
CoreCap Advisors
Southfield,
Michigan
| – | -$2K | -9 | Closed |
|
|
NL
502
NVWM LLC
Yardley,
Pennsylvania
| – | -$2K | -9 | Closed |
|
503
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -6 | Closed |
|
|
HNB
504
Huntington National Bank
Columbus,
Ohio
| – | -$883 | -6 | -55% |
|
|
LWA
505
Lenox Wealth Advisors
New York
| – | -$1K | -6 | Closed |
|
|
EBA
506
Eagle Bay Advisors
New York
| – | -$1K | -2 | Closed |
|
|
ADL
507
Asset Dedication LLC
San Francisco,
California
| – | +$147 | +1 | New |
|
|
CI
508
Cordant Inc
Portland,
Oregon
| – | +$147 | +1 | New |
|
|
DI
509
Disciplined Investments
Tulsa,
Oklahoma
| – | +$294 | +2 | New |
|
|
JWA
510
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | +$294 | +2 | +100% |
|
RNG Hedge Fund Activity: Q1 2022 in Review
422 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q1 2022, worth a combined $9.33B — down 37% from $14.9B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of RNG and 65 opened new positions — a net loss of 27 holders — while 134 trimmed existing stakes and 172 added.
The largest buyer was Aaron Wealth Advisors, opening a new position worth an estimated $141M. The largest seller was BAMCO Inc, cutting an estimated $142M.
- 422 institutional investors held RingCentral (RNG) as of Q1 2022, down from 452 in Q4 2021.
- Funds reported $9.33B of RingCentral stock for Q1 2022, down 37% quarter-over-quarter.
- 65 funds opened new RingCentral positions in Q1 2022 and 92 closed out, a net change of -27 holders.
- The largest RingCentral buyer in Q1 2022 was Aaron Wealth Advisors, an estimated $141M added.
- The largest RingCentral seller in Q1 2022 was BAMCO Inc, an estimated $142M sold.
Based on aggregated 13F filings for Q1 2022.