RingCentral
380 hedge funds and large institutions have $4.33B invested in RingCentral in 2022 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 158 increasing their positions, 112 reducing their positions, and 90 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 112
24% more call options, than puts
Call options by funds: $203M | Put options by funds: $163M
1.78% more ownership
Funds ownership: 95.19% → 96.97% (+1.8%)
10% less funds holding
Funds holding: 422 → 380 (-42)
38% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 90
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
54% less capital invested
Capital invested by funds: $9.33B → $4.33B (-$4.99B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$113M |
| 2 |
Renaissance Technologies
New York
|
+$112M |
| 3 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$89.7M |
| 4 |
Millennium Management
New York
|
+$83.1M |
| 5 |
BlackRock
New York
|
+$79.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$187M |
| 2 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$149M |
| 3 |
Tiger Global Management
New York
|
-$133M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$118M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$86M |
RNG Hedge Fund Activity: Q2 2022 in Review
380 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q2 2022, worth a combined $4.33B — down 54% from $9.33B a quarter earlier.
Sellers outnumbered buyers: 90 funds closed out of RNG and 56 opened new positions — a net loss of 34 holders — while 112 trimmed existing stakes and 158 added.
The largest buyer was Alyeska Investment Group, adding an estimated $113M. The largest seller was Capital International Investors, cutting an estimated $187M.
- 380 institutional investors held RingCentral (RNG) as of Q2 2022, down from 422 in Q1 2022.
- Funds reported $4.33B of RingCentral stock for Q2 2022, down 54% quarter-over-quarter.
- 56 funds opened new RingCentral positions in Q2 2022 and 90 closed out, a net change of -34 holders.
- The largest RingCentral buyer in Q2 2022 was Alyeska Investment Group, an estimated $113M added.
- The largest RingCentral seller in Q2 2022 was Capital International Investors, an estimated $187M sold.
Based on aggregated 13F filings for Q2 2022.