RingCentral
357 hedge funds and large institutions have $3.34B invested in RingCentral in 2022 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 147 increasing their positions, 113 reducing their positions, and 70 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 113
12% more call options, than puts
Call options by funds: $175M | Put options by funds: $155M
0.23% more ownership
Funds ownership: 96.97% → 97.2% (+0.23%)
6% less funds holding
Funds holding: 381 → 357 (-24)
23% less capital invested
Capital invested by funds: $4.34B → $3.34B (-$1.01B)
30% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 70
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Amundi
Paris,
France
|
+$135M |
| 2 |
Man Group
London,
United Kingdom
|
+$60.4M |
| 3 |
NSGL
No Street GP LP
San Francisco,
California
|
+$47.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.9M |
| 5 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$38.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$185M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$64.6M |
| 3 |
SM
SCGE Management
Menlo Park,
California
|
-$55.1M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$36.5M |
| 5 |
Goldman Sachs
New York
|
-$33.9M |
RNG Hedge Fund Activity: Q3 2022 in Review
357 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q3 2022, worth a combined $3.34B — down 23% from $4.34B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of RNG and 49 opened new positions — a net loss of 21 holders — while 113 trimmed existing stakes and 147 added.
The largest buyer was Amundi, adding an estimated $135M. The largest seller was Capital International Investors, cutting an estimated $185M.
- 357 institutional investors held RingCentral (RNG) as of Q3 2022, down from 381 in Q2 2022.
- Funds reported $3.34B of RingCentral stock for Q3 2022, down 23% quarter-over-quarter.
- 49 funds opened new RingCentral positions in Q3 2022 and 70 closed out, a net change of -21 holders.
- The largest RingCentral buyer in Q3 2022 was Amundi, an estimated $135M added.
- The largest RingCentral seller in Q3 2022 was Capital International Investors, an estimated $185M sold.
Based on aggregated 13F filings for Q3 2022.