RingCentral
93 hedge funds and large institutions have $502M invested in RingCentral in 2014 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 21 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more capital invested
Capital invested by funds: $363M → $502M (+$138M)
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
1.5% more ownership
Funds ownership: 66.2% → 67.7% (+1.5%)
0% more funds holding
Funds holding: 93 → 93 (0)
46% less call options, than puts
Call options by funds: $1.6M | Put options by funds: $2.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.3M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$9.58M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$9.22M |
| 4 |
TA
Teachers Advisors
New York
|
+$6.98M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$5.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$6.98M |
| 2 |
CCI
Columbus Circle Investors
|
-$5.99M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.89M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.68M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$2.68M |
RNG Hedge Fund Activity: Q4 2014 in Review
93 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q4 2014, worth a combined $502M — up 38% from $363M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new RNG positions and 21 closed out — a net gain of 4 holders — while 35 added to existing stakes and 27 trimmed.
The largest buyer was Vanguard Group, adding an estimated $16.3M. The largest seller was Janus Henderson Investors US, cutting an estimated $6.98M.
- 93 institutional investors held RingCentral (RNG) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $502M of RingCentral stock for Q4 2014, up 38% quarter-over-quarter.
- 25 funds opened new RingCentral positions in Q4 2014 and 21 closed out, a net change of +4 holders.
- The largest RingCentral buyer in Q4 2014 was Vanguard Group, an estimated $16.3M added.
- The largest RingCentral seller in Q4 2014 was Janus Henderson Investors US, an estimated $6.98M sold.
Based on aggregated 13F filings for Q4 2014.