RingCentral
327 hedge funds and large institutions have $2.86B invested in RingCentral in 2022 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 106 increasing their positions, 123 reducing their positions, and 89 closing their positions.
156% more call options, than puts
Call options by funds: $226M | Put options by funds: $88.3M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3.13% less ownership
Funds ownership: 97.2% → 94.07% (-3.1%)
8% less funds holding
Funds holding: 357 → 327 (-30)
14% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 123
14% less capital invested
Capital invested by funds: $3.34B → $2.86B (-$471M)
27% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$110M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$51.3M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$34.8M |
| 4 |
NSGL
No Street GP LP
San Francisco,
California
|
+$32M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$99.4M |
| 2 |
Amundi
Paris,
France
|
-$94M |
| 3 |
Man Group
London,
United Kingdom
|
-$39.7M |
| 4 |
Millennium Management
New York
|
-$27.8M |
| 5 |
Korea Investment Corp
Seoul,
South Korea
|
-$22.7M |
RNG Hedge Fund Activity: Q4 2022 in Review
327 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in RingCentral (RNG) for Q4 2022, worth a combined $2.86B — down 14% from $3.34B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of RNG and 65 opened new positions — a net loss of 24 holders — while 123 trimmed existing stakes and 106 added.
The largest buyer was Capital World Investors, adding an estimated $110M. The largest seller was Tiger Global Management, exiting entirely with an estimated $99.4M sold.
- 327 institutional investors held RingCentral (RNG) as of Q4 2022, down from 357 in Q3 2022.
- Funds reported $2.86B of RingCentral stock for Q4 2022, down 14% quarter-over-quarter.
- 65 funds opened new RingCentral positions in Q4 2022 and 89 closed out, a net change of -24 holders.
- The largest RingCentral buyer in Q4 2022 was Capital World Investors, an estimated $110M added.
- The largest RingCentral seller in Q4 2022 was Tiger Global Management, an estimated $99.4M sold.
Based on aggregated 13F filings for Q4 2022.