RingCentral
485 hedge funds and large institutions have $16.7B invested in RingCentral in 2021 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 183 increasing their positions, 179 reducing their positions, and 87 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 179
0.96% less ownership
Funds ownership: 95.56% → 94.6% (-0.96%)
7% less funds holding
Funds holding: 522 → 485 (-37)
14% less call options, than puts
Call options by funds: $409M | Put options by funds: $477M
25% less capital invested
Capital invested by funds: $22.4B → $16.7B (-$5.67B)
32% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 87
38% less funds holding in top 10
Funds holding in top 10: 16 → 10 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$888M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$198M |
| 3 |
Goldman Sachs
New York
|
+$184M |
| 4 |
XEA
XN Exponent Advisors
New York
|
+$130M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$499M |
| 2 |
JP Morgan Chase
New York
|
-$491M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$311M |
| 4 |
BlackRock
New York
|
-$246M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$196M |
RNG Hedge Fund Activity: Q3 2021 in Review
485 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q3 2021, worth a combined $16.7B — down 25% from $22.4B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of RNG and 59 opened new positions — a net loss of 28 holders — while 179 trimmed existing stakes and 183 added.
The largest buyer was Capital International Investors, adding an estimated $888M. The largest seller was Jennison Associates, cutting an estimated $499M.
- 485 institutional investors held RingCentral (RNG) as of Q3 2021, down from 522 in Q2 2021.
- Funds reported $16.7B of RingCentral stock for Q3 2021, down 25% quarter-over-quarter.
- 59 funds opened new RingCentral positions in Q3 2021 and 87 closed out, a net change of -28 holders.
- The largest RingCentral buyer in Q3 2021 was Capital International Investors, an estimated $888M added.
- The largest RingCentral seller in Q3 2021 was Jennison Associates, an estimated $499M sold.
Based on aggregated 13F filings for Q3 2021.