RingCentral
122 hedge funds and large institutions have $794M invested in RingCentral in 2015 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 51 increasing their positions, 35 reducing their positions, and 6 closing their positions.
350% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 6
87% more call options, than puts
Call options by funds: $4.13M | Put options by funds: $2.21M
46% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 35
32% more capital invested
Capital invested by funds: $602M → $794M (+$192M)
21% more funds holding
Funds holding: 101 → 122 (+21)
3.66% more ownership
Funds ownership: 75.89% → 79.55% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$20.6M |
| 2 |
HCM
Hitchwood Capital Management
New York
|
+$17.4M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
+$16M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$9.42M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$25.2M |
| 2 |
SM
Scale Management
Foster City,
California
|
-$13.2M |
| 3 |
HCCM
Herring Creek Capital Management
Stamford,
Connecticut
|
-$10.7M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$6.1M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$5.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
126
Strategic Investment Management
Arlington,
Virginia
| – | -$284K | -18,559 | Closed |
|
|
PG
127
PEAK6 Group
Chicago,
Illinois
| – | -$39.4K | -2,264 | Closed |
|
128
Creative Planning
Overland Park,
Kansas
| – | -$2K | -100 | Closed |
|
RNG Hedge Fund Activity: Q2 2015 in Review
122 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q2 2015, worth a combined $794M — up 32% from $602M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new RNG positions and 6 closed out — a net gain of 21 holders — while 51 added to existing stakes and 35 trimmed.
The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $20.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $25.2M.
- 122 institutional investors held RingCentral (RNG) as of Q2 2015, up from 101 in Q1 2015.
- Funds reported $794M of RingCentral stock for Q2 2015, up 32% quarter-over-quarter.
- 27 funds opened new RingCentral positions in Q2 2015 and 6 closed out, a net change of +21 holders.
- The largest RingCentral buyer in Q2 2015 was Vaughan Nelson Investment Management, an estimated $20.6M added.
- The largest RingCentral seller in Q2 2015 was T. Rowe Price Associates, an estimated $25.2M sold.
Based on aggregated 13F filings for Q2 2015.