We are live on ! Find out more
RNG icon

RingCentral
RNG

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: 262 → 283 (+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: 1 → 1 (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

Top Buyers

1
Alyeska Investment Group
Alyeska Investment Group
Illinois
+$65.2M
2
Ameriprise
Ameriprise
Minnesota
+$29.9M
3
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
+$16.9M
4
Vanguard Group
Vanguard Group
Pennsylvania
+$16.1M
5
Pacer Advisors
Pacer Advisors
Pennsylvania
+$11.8M

Top Sellers

1
Capital World Investors
Capital World Investors
California
-$73.2M
2
GF
Greenhouse Funds
Maryland
-$30.3M
3
State Street
State Street
Massachusetts
-$21.8M
4
Voloridge Investment Management
Voloridge Investment Management
Florida
-$19M
5
Fidelity Investments
Fidelity Investments
Massachusetts
-$15.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Prudential Financial
151
Prudential Financial
New Jersey
$476K +$543K +16,870 New
Allspring Global Investments
152
Allspring Global Investments
North Carolina
$474K -$543K -16,897 -50%
QC
153
Quadrature Capital
United Kingdom
$471K +$541K +16,828 New
CCM
154
Chiron Capital Management
Florida
$465K +$116K +3,600 +28%
MF
155
Magnetar Financial
Illinois
$460K +$525K +16,312 New
AB
156
Amalgamated Bank
New York
$439K +$320K +9,946 +177%
Walleye Trading
157
Walleye Trading
New York
$438K +$499K +15,517 New
PP
158
Paloma Partners
Connecticut
$422K +$481K +14,964 New
Nomura Holdings
159
Nomura Holdings
Japan
$412K +$470K +14,622 New
Manulife (Manufacturers Life Insurance)
160
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$408K +$7.62K +237 +2%
Boston Partners
161
Boston Partners
Massachusetts
$408K +$1.05M +32,719 New
Zurich Cantonal Bank
162
Zurich Cantonal Bank
Switzerland
$405K -$53.9K -1,677 -10%
PI
163
PEAK6 Investments
Illinois
$396K +$451K +14,038 New
Comerica Bank
164
Comerica Bank
Texas
$393K +$26.9K +835 +6%
HF
165
HRT Financial
New York
$391K +$446K +13,874 New
ASN
166
Advisory Services Network
Georgia
$371K +$34.3K +1,065 +9%
MG
167
Marex Group
$369K -$65.4K -2,035 -13%
Axa
168
Axa
France
$355K +$404K +12,577 New
HT
169
Headlands Technologies
Illinois
$350K +$399K +12,405 New
TSS
170
Two Sigma Securities
New York
$335K +$382K +11,890 New
Cambridge Investment Research Advisors
171
Cambridge Investment Research Advisors
Iowa
$333K -$13.3K -412 -3%
Wolverine Trading
172
Wolverine Trading
Illinois
$333K -$31.5K -980 -8%
TCM
173
Teza Capital Management
Illinois
$328K +$99.8K +3,102 +36%
X
174
Xponance
Pennsylvania
$314K +$22.6K +704 +7%
State of Tennessee, Department of Treasury
175
State of Tennessee, Department of Treasury
Tennessee
$313K -$84K -2,613 -19%
5 6
7
8 9

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.