Rackspace Technology
136 hedge funds and large institutions have $1.33B invested in Rackspace Technology in 2022 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 52 increasing their positions, 36 reducing their positions, and 18 closing their positions.
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
44% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 36
26% more call options, than puts
Call options by funds: $2.92M | Put options by funds: $2.31M
5% more funds holding
Funds holding: 130 → 136 (+6)
0.22% more ownership
Funds ownership: 87.55% → 87.77% (+0.22%)
36% less capital invested
Capital invested by funds: $2.07B → $1.33B (-$744M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.86M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.93M |
| 3 |
BlackRock
New York
|
+$4.26M |
| 4 |
Morgan Stanley
New York
|
+$2.81M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$21.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.75M |
| 3 |
Citigroup
New York
|
-$2.74M |
| 4 |
MPIA
Mountain Pacific Investment Advisers
Boise,
Idaho
|
-$1.7M |
| 5 |
Holocene Advisors
New York
|
-$1.62M |
RXT Hedge Fund Activity: Q2 2022 in Review
136 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Rackspace Technology (RXT) for Q2 2022, worth a combined $1.33B — down 36% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new RXT positions and 18 closed out — a net gain of 11 holders — while 52 added to existing stakes and 36 trimmed.
The largest buyer was Vanguard Group, adding an estimated $6.86M. The largest seller was First Trust Advisors, cutting an estimated $21.6M.
- 136 institutional investors held Rackspace Technology (RXT) as of Q2 2022, up from 130 in Q1 2022.
- Funds reported $1.33B of Rackspace Technology stock for Q2 2022, down 36% quarter-over-quarter.
- 29 funds opened new Rackspace Technology positions in Q2 2022 and 18 closed out, a net change of +11 holders.
- The largest Rackspace Technology buyer in Q2 2022 was Vanguard Group, an estimated $6.86M added.
- The largest Rackspace Technology seller in Q2 2022 was First Trust Advisors, an estimated $21.6M sold.
Based on aggregated 13F filings for Q2 2022.