RingCentral
RNG
452 hedge funds and large institutions have $14.9B invested in RingCentral in 2021 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 164 increasing their positions, 168 reducing their positions, and 95 closing their positions.
29% more call options, than puts
Call options by funds: $478M | Put options by funds: $372M
2.02% more ownership
Funds ownership: 94.6% → 96.61% (+2%)
2% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 168
7% less funds holding
Funds holding: 484 → 452 (-32)
11% less capital invested
Capital invested by funds: $16.7B → $14.9B (-$1.88B)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
25% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 95
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$539M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$285M |
| 3 |
Tiger Global Management
New York
|
+$222M |
| 4 |
Goldman Sachs
New York
|
+$193M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$217M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$95.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$94.6M |
| 4 |
Renaissance Technologies
New York
|
-$69.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$62.8M |
RNG Hedge Fund Activity: Q4 2021 in Review
452 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q4 2021, worth a combined $14.9B — down 11% from $16.7B a quarter earlier.
Sellers outnumbered buyers: 95 funds closed out of RNG and 71 opened new positions — a net loss of 24 holders — while 168 trimmed existing stakes and 164 added.
The largest buyer was Capital International Investors, adding an estimated $539M. The largest seller was Janus Henderson Group, cutting an estimated $217M.
- 452 institutional investors held RingCentral (RNG) as of Q4 2021, down from 484 in Q3 2021.
- Funds reported $14.9B of RingCentral stock for Q4 2021, down 11% quarter-over-quarter.
- 71 funds opened new RingCentral positions in Q4 2021 and 95 closed out, a net change of -24 holders.
- The largest RingCentral buyer in Q4 2021 was Capital International Investors, an estimated $539M added.
- The largest RingCentral seller in Q4 2021 was Janus Henderson Group, an estimated $217M sold.
Based on aggregated 13F filings for Q4 2021.