RingCentral
136 hedge funds and large institutions have $820M invested in RingCentral in 2015 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 59 increasing their positions, 41 reducing their positions, and 10 closing their positions.
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
44% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 41
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more call options, than puts
Call options by funds: $4.12M | Put options by funds: $3.27M
11% more funds holding
Funds holding: 122 → 136 (+14)
1.05% more ownership
Funds ownership: 79.55% → 80.6% (+1.1%)
2% more capital invested
Capital invested by funds: $802M → $820M (+$18.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$19.3M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$13.9M |
| 3 |
CC
Crosslink Capital
Menlo Park,
California
|
+$11.9M |
| 4 |
Renaissance Technologies
New York
|
+$9.36M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$7.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$50.6M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$12.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$11.1M |
| 4 |
SM
Scale Management
Foster City,
California
|
-$9.49M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.49M |
RNG Hedge Fund Activity: Q3 2015 in Review
136 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q3 2015, worth a combined $820M — up 2.3% from $802M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new RNG positions and 10 closed out — a net gain of 14 holders — while 59 added to existing stakes and 41 trimmed.
The largest buyer was Vaughan Nelson Investment Management, adding an estimated $19.3M. The largest seller was Fidelity Investments, cutting an estimated $50.6M.
- 136 institutional investors held RingCentral (RNG) as of Q3 2015, up from 122 in Q2 2015.
- Funds reported $820M of RingCentral stock for Q3 2015, up 2.3% quarter-over-quarter.
- 24 funds opened new RingCentral positions in Q3 2015 and 10 closed out, a net change of +14 holders.
- The largest RingCentral buyer in Q3 2015 was Vaughan Nelson Investment Management, an estimated $19.3M added.
- The largest RingCentral seller in Q3 2015 was Fidelity Investments, an estimated $50.6M sold.
Based on aggregated 13F filings for Q3 2015.