We are live on ! Find out more
RNG icon

RingCentral
RNG

544 hedge funds and large institutions have $23B invested in RingCentral in 2021 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 211 increasing their positions, 205 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 211 | Existing positions reduced: 205

5% less call options, than puts

Call options by funds: $425M | Put options by funds: $449M

2.79% less ownership

Funds ownership: 98.9% → 96.1% (-2.8%)

5% less funds holding

Funds holding: 573 → 544 (-29)

20% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 94

23% less capital invested

Capital invested by funds: $29.8B → $23B (-$6.86B)

46% less funds holding in top 10

Funds holding in top 10: 26 → 14 (-12)

Holders
544
Holders Change
-29
Holders Change %
-5.06%
% of All Funds
9.55%
Holding in Top 10
14
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-46.15%
% of All Funds
0.25%
New
75
Increased
211
Reduced
205
Closed
94
Calls
$425M
Puts
$449M
Net Calls
-$23.7M
Net Calls Change
+$87.3M

Top Buyers

1
Jennison Associates
Jennison Associates
New York
+$387M
2
Ameriprise
Ameriprise
Minnesota
+$220M
3
Wells Fargo
Wells Fargo
California
+$115M
4
JP Morgan Chase
JP Morgan Chase
New York
+$101M
5
Bank of America
Bank of America
North Carolina
+$87.6M

Top Sellers

1
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$375M
2
FCM
Frontier Capital Management
Massachusetts
-$153M
3
Alkeon Capital Management
Alkeon Capital Management
New York
-$135M
4
Allianz Asset Management
Allianz Asset Management
Germany
-$125M
5
VOYA Investment Management
VOYA Investment Management
Georgia
-$123M
Name Holding Trade Value Shares
Change 		Change in
Stake
ISWM
601
Independent Solutions Wealth Management
New York
– -$259K -684 Closed
BNP Paribas Asset Management
602
BNP Paribas Asset Management
France
– -$254K -670 Closed
MAP
603
Moody Aldrich Partners
Massachusetts
– -$250K -660 Closed
SWM
604
SeaCrest Wealth Management
New York
– -$244K -644 Closed
QT
605
Quantamental Technologies
New York
– -$243K -641 Closed
PC
606
Provenire Capital
Minnesota
– -$240K -633 Closed
ARG
607
Advisory Resource Group
Oklahoma
– -$227K -598 Closed
CWM
608
Calamos Wealth Management
Illinois
– -$224K -590 Closed
TMAM
609
Tokio Marine Asset Management
Japan
– -$221K -582 Closed
SGA
610
Sustainable Growth Advisers
Connecticut
– -$212K -559 Closed
QI
611
Qtron Investments
Massachusetts
– -$210K -553 Closed
CPC
612
Congress Park Capital
New York
– -$208K -550 Closed
CGH
613
Crossmark Global Holdings
Texas
– -$204K -539 Closed
CG
614
Caprock Group
Idaho
– -$204K -538 Closed
FA
615
FDx Advisors
Illinois
– -$202K -533 Closed
RE
616
RBC Europe
United Kingdom
– -$171K -450 Closed
RPWA
617
Regent Peak Wealth Advisors
Georgia
– -$47K -125 Closed
CFGS
618
Concourse Financial Group Securities
Alabama
– -$40.4K -110 Closed
SIAG
619
Safeguard Investment Advisory Group
California
– -$35K -93 Closed
PWPS
620
Pinnacle Wealth Planning Services
Ohio
– -$31K -83 Closed
CCA
621
Childress Capital Advisors
Texas
– -$17K -46 Closed
TFIPS
622
Towarzystwo Funduszy Inwestycyjnych PZU SA
– -$15.2K -40 Closed
CFA
623
Carroll Financial Associates
North Carolina
– -$14K -38 Closed
HMS
624
Hanseatic Management Services
New Mexico
– -$12K -32 Closed
AWG
625
Altus Wealth Group
Colorado
– -$11K -30 Closed
22 23 24
25
26

RNG Hedge Fund Activity: Q1 2021 in Review

544 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q1 2021, worth a combined $23B — down 23% from $29.8B a quarter earlier.

Sellers outnumbered buyers: 94 funds closed out of RNG and 75 opened new positions — a net loss of 19 holders — while 205 trimmed existing stakes and 211 added.

The largest buyer was Jennison Associates, adding an estimated $387M. The largest seller was T. Rowe Price Associates, cutting an estimated $375M.

  • 544 institutional investors held RingCentral (RNG) as of Q1 2021, down from 573 in Q4 2020.
  • Funds reported $23B of RingCentral stock for Q1 2021, down 23% quarter-over-quarter.
  • 75 funds opened new RingCentral positions in Q1 2021 and 94 closed out, a net change of -19 holders.
  • The largest RingCentral buyer in Q1 2021 was Jennison Associates, an estimated $387M added.
  • The largest RingCentral seller in Q1 2021 was T. Rowe Price Associates, an estimated $375M sold.

Based on aggregated 13F filings for Q1 2021.