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RingCentral

283 hedge funds and large institutions have $2.28B invested in RingCentral in 2024 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 98 increasing their positions, 83 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 36

18% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 83

8% more funds holding

Funds holding: 262283 (+21)

1% more call options, than puts

Call options by funds: $35.5M | Put options by funds: $35.1M

0.95% more ownership

Funds ownership: 97.6%98.55% (+0.95%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

18% less capital invested

Capital invested by funds: $2.79B → $2.28B (-$509M)

Holders
283
Holders Change
+21
Holders Change %
+8.02%
% of All Funds
4.09%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
60
Increased
98
Reduced
83
Closed
36
Calls
$35.5M
Puts
$35.1M
Net Calls
+$403K
Net Calls Change
-$3.1M
Name Holding Trade Value Shares
Change
Change in
Stake
CCIA
101
Campbell & Co Investment Adviser
Maryland
$1.29M +$1.48M +45,903 New
XT
102
XTX Topco
Cayman Islands
$1.29M +$1.47M +45,647 New
Susquehanna International Group
103
Susquehanna International Group
Pennsylvania
$1.24M -$634K -19,718 -31%
Tudor Investment Corp
104
Tudor Investment Corp
Connecticut
$1.19M +$1.36M +42,266 New
PRC
105
Pearl River Capital
Michigan
$1.15M -$429K -13,348 -25%
LPL Financial
106
LPL Financial
California
$1.1M -$245K -7,628 -16%
American Century Companies
107
American Century Companies
Missouri
$1.09M +$822K +25,561 +196%
Janus Henderson Group
108
Janus Henderson Group
United Kingdom
$1.06M -$126K -3,924 -9%
Treasurer of the State of North Carolina
109
Treasurer of the State of North Carolina
North Carolina
$1.01M -$50.8K -1,581 -4%
1CM
110
1492 Capital Management
Wisconsin
$1M -$2.22K -69 -0.2%
AFA
111
Abacus FCF Advisors
Florida
$971K +$675K +21,002 +156%
SEI Investments
112
SEI Investments
Pennsylvania
$970K +$351K +10,907 +46%
LAM
113
LECAP Asset Management
United Kingdom
$968K +$32.2K +1,001 +3%
SRL
114
Scientech Research LLC
New Jersey
$957K +$1.09M +33,939 New
DB
115
Danske Bank
Denmark
$957K -$498K -15,496 -31%
RJA
116
Raymond James & Associates
Florida
$943K -$22K -683 -2%
ONB
117
Old National Bancorp
Indiana
$915K +$257 +8 +0%
Ohio Public Employees Retirement System (OPERS)
118
Ohio Public Employees Retirement System (OPERS)
Ohio
$914K -$20.8K -646 -2%
BHCM
119
Brevan Howard Capital Management
Jersey
$878K +$1M +31,133 New
Truist Financial
120
Truist Financial
North Carolina
$878K +$1M +31,120 New
HSBC Holdings
121
HSBC Holdings
United Kingdom
$860K +$221K +6,875 +29%
Ensign Peak Advisors
122
Ensign Peak Advisors
Utah
$852K
Parallax Volatility Advisers
123
Parallax Volatility Advisers
California
$845K -$6.14K -191 -0.6%
TI
124
Tidal Investments
Wisconsin
$825K +$941K +29,270 New
VF
125
Virtu Financial
New York
$814K +$929K +28,875 New

RNG Hedge Fund Activity: Q2 2024 in Review

283 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q2 2024, worth a combined $2.28B — down 18% from $2.79B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new RNG positions and 36 closed out — a net gain of 24 holders — while 98 added to existing stakes and 83 trimmed.

The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $65.2M. The largest seller was Capital World Investors, cutting an estimated $73.2M.

  • 283 institutional investors held RingCentral (RNG) as of Q2 2024, up from 262 in Q1 2024.
  • Funds reported $2.28B of RingCentral stock for Q2 2024, down 18% quarter-over-quarter.
  • 60 funds opened new RingCentral positions in Q2 2024 and 36 closed out, a net change of +24 holders.
  • The largest RingCentral buyer in Q2 2024 was Alyeska Investment Group, an estimated $65.2M added.
  • The largest RingCentral seller in Q2 2024 was Capital World Investors, an estimated $73.2M sold.

Based on aggregated 13F filings for Q2 2024.