Rackspace Technology
128 hedge funds and large institutions have $2.64B invested in Rackspace Technology in 2021 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 43 reducing their positions, and 34 closing their positions.
0.71% more ownership
Funds ownership: 88.06% → 88.77% (+0.71%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 43
9% less funds holding
Funds holding: 141 → 128 (-13)
26% less capital invested
Capital invested by funds: $3.59B → $2.64B (-$946M)
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
33% less call options, than puts
Call options by funds: $9.95M | Put options by funds: $14.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$96M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$19.2M |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$7.18M |
| 4 |
VH
ValueAct Holdings
San Francisco,
California
|
+$6.43M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$6.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$31.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$31.1M |
| 3 |
Neuberger Berman Group
New York
|
-$19.2M |
| 4 |
Amundi
Paris,
France
|
-$9.98M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$8.42M |
RXT Hedge Fund Activity: Q3 2021 in Review
128 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Rackspace Technology (RXT) for Q3 2021, worth a combined $2.64B — down 26% from $3.59B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of RXT and 23 opened new positions — a net loss of 11 holders — while 43 trimmed existing stakes and 43 added.
The largest buyer was First Trust Advisors, adding an estimated $96M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $31.5M sold.
- 128 institutional investors held Rackspace Technology (RXT) as of Q3 2021, down from 141 in Q2 2021.
- Funds reported $2.64B of Rackspace Technology stock for Q3 2021, down 26% quarter-over-quarter.
- 23 funds opened new Rackspace Technology positions in Q3 2021 and 34 closed out, a net change of -11 holders.
- The largest Rackspace Technology buyer in Q3 2021 was First Trust Advisors, an estimated $96M added.
- The largest Rackspace Technology seller in Q3 2021 was Janus Henderson Group, an estimated $31.5M sold.
Based on aggregated 13F filings for Q3 2021.