RINGCENTRAL INC RNG
CL A · Common Stock · CUSIP 76680R206 · ISIN US76680R2067
American communications firm
- SectorTechnology
- IndustryServices-Computer Processing & Data Preparation
- HeadquartersBelmont, CA
- Founded2003
- Websiteringcentral.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $33.96. Options: 24 managers hold calls ($145.7m notional), 19 hold puts ($62.2m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 361 |
| Q4 2022 | 329 |
| Q1 2023 | 304 |
| Q2 2023 | 290 |
| Q3 2023 | 263 |
| Q4 2023 | 263 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 160 | 212 |
| Q1 2023 | 158 | 170 |
| Q2 2023 | 144 | 160 |
| Q3 2023 | 122 | 156 |
| Q4 2023 | 115 | 143 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $181.8m | $147.8m | 0.81 |
| Q2 2023 | $148.6m | $58.5m | 0.39 |
| Q3 2023 | $77.7m | $55.2m | 0.71 |
| Q4 2023 | $145.7m | $62.2m | 0.43 |
Biggest buyers
| AMERIPRISE FINANCIAL INC | Added | +1.9m |
| MORGAN STANLEY | Added | +1.5m |
| JPMORGAN CHASE & CO | Added | +713.1k |
| Alyeska Investment Group, L.P. | New | +450.6k |
| VANGUARD GROUP INC | Added | +382.3k |
| TWO SIGMA INVESTMENTS, LP | Added | +379.3k |
| Maple Rock Capital Partners Inc. | Added | +378.5k |
| JANE STREET GROUP, LLC | Added | +352.9k |
| Man Group plc | New | +286.1k |
| FIRST TRUST ADVISORS LP | Added | +273.1k |
Biggest sellers
| ALKEON CAPITAL MANAGEMENT LLC | Reduced | -2.0m |
| CITADEL ADVISORS LLC | Reduced | -902.8k |
| Capital World Investors | Reduced | -761.4k |
| Stephens Investment Management Group LLC | Sold out | -537.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -412.6k |
| COATUE MANAGEMENT LLC | Sold out | -411.4k |
| No Street GP LP | Reduced | -350.0k |
| BlackRock Inc. | Reduced | -265.7k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -253.7k |
| FMR LLC | Reduced | -245.7k |
Biggest calls
| Maple Rock Capital Partners Inc. | New | $50.9m1.5m shares |
| CITADEL ADVISORS LLC | Added | $23.1m679.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.7m432.2k shares |
| Jefferies Financial Group Inc. | Unchanged | $10.6m312.1k shares |
| JANE STREET GROUP, LLC | Added | $7.6m224.2k shares |
| SIMPLEX TRADING, LLC | Added | $6.0m176.7k shares |
| GROUP ONE TRADING LLC | Added | $5.6m165.6k shares |
| WOLVERINE TRADING, LLC | Added | $4.9m144.9k shares |
| Walleye Trading LLC | Added | $3.3m98.4k shares |
| Walleye Capital LLC | Reduced | $3.1m90.3k shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | Added | $22.1m650.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.4m542.1k shares |
| CITADEL ADVISORS LLC | Reduced | $4.4m131.0k shares |
| D. E. Shaw & Co., Inc. | Added | $4.3m125.3k shares |
| IMC-Chicago, LLC | Added | $2.5m74.0k shares |
| GTS SECURITIES LLC | Added | $1.5m45.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.3m39.1k shares |
| Walleye Trading LLC | Added | $1.3m37.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.2m35.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.0m30.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Capital World Investors 13G · institution +2.5 pts · filed 2025-11-13 | 14.5% |
| BlackRock, Inc. 13G · institution -1.0 pts · filed 2026-07-29 | 12.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution -1.7 pts · filed 2026-07-31 | 8.8% |
| LSV ASSET MANAGEMENT 13G · institution new · filed 2026-08-06 | 5.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 2 | — | — |
| Q2 2022 | 1 | $1.7m | 4 | $3.1m | — |
| Q3 2022 | 0 | — | 3 | $763.3k | — |
| Q4 2022 | 0 | — | 5 | $2.1m | — |
| Q1 2023 | 0 | — | 4 | $1.2m | — |
| Q2 2023 | 0 | — | 5 | $3.6m | $3.1m |
| Q3 2023 | 0 | — | 4 | $2.7m | $2.7m |
| Q4 2023 | 0 | — | 4 | $4.2m | $4.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-01 | Parekh Sonalee Elizabeth Chief Financial Officer | Sold plan | $1.6m52.0k shares |
| 2023-11-22 | Shmunis Vladimir Director | Sold plan | $278.2k9.5k shares |
| 2023-11-21 | Shmunis Vladimir Director | Sold plan | $1.7m58.2k shares |
| 2023-11-21 | Marlow John H SVP, CAO & General Counsel | Sold plan | $495.8k17.2k shares |
| 2023-11-21 | Agarwal Vaibhav Deputy Chief Financial Officer | Sold plan | $160.0k5.4k shares |
| 2023-11-16 | Agarwal Vaibhav Deputy Chief Financial Officer | Sold plan | $25.0k832 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.07% of their portfolio | 11.3m $384.1m | Reduced -761.4k |
| VANGUARD GROUP INC 0.01% of their portfolio | 10.4m $352.1m | Added +382.3k |
| SYLEBRA CAPITAL LLC 10.52% of their portfolio | 8.2m $277.8m | Unchanged |
| Pictet Asset Management Holding SA 0.20% of their portfolio | 5.3m $179.2m | Reduced -241.8k |
| BlackRock Inc. 0.00% of their portfolio | 5.3m $178.7m | Reduced -265.7k |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 4.6m $156.5m | Added +1.9m |
| FMR LLC 0.01% of their portfolio | 2.7m $91.7m | Reduced -245.7k |
| STATE STREET CORP 0.00% of their portfolio | 2.7m $90.5m | Added +106.1k |
| MORGAN STANLEY 0.00% of their portfolio | 2.1m $72.2m | Added +1.5m |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 2.0m $67.6m | Added +273.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 1.6m $53.8m | Added +268.3k |
| ALKEON CAPITAL MANAGEMENT LLC 0.34% of their portfolio | 1.5m $51.9m | Reduced -2.0m |
| No Street GP LP 5.08% of their portfolio | 1.5m $50.9m | Reduced -350.0k |
| Greenhouse Funds LLLP 3.33% of their portfolio | 1.4m $49.0m | Added +52.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.3m $43.9m | Added +68.3k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.1m $37.2m | Reduced -902.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.12% of their portfolio | 910.0k $30.9m | Added +268.3k |
| Maple Rock Capital Partners Inc. 2.40% of their portfolio | 902.0k $30.6m | Added +378.5k |
| NORGES BANK 0.01% of their portfolio | 897.5k $30.5m | Added +19.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 875.4k $29.7m | Added +713.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 732.5k $24.9m | Added +2.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 724.9k $24.6m | Added +46.8k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 670.0k $22.7m | Reduced -240.0k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 522.5k $17.7m | Added +379.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 461.2k $15.7m | Added +23.6k |
| Alyeska Investment Group, L.P. 0.10% of their portfolio | 450.6k $15.3m | New |
| Erste Asset Management GmbH 0.22% of their portfolio | 430.0k $14.9m | Added +193.1k |
| Penn Capital Management Company, LLC 1.31% of their portfolio | 420.5k $14.3m | Reduced -6.1k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 404.7k $13.7m | Added +352.9k |
| Tamar Securities, LLC 2.55% of their portfolio | 381.9k $13.0m | Added +114.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 375.3k $12.7m | Reduced -412.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 313.6k $10.6m | Added +3.9k |
| Man Group plc 0.03% of their portfolio | 286.1k $9.7m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 275.9k $9.4m | Reduced -28.4k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 245.7k $8.3m | Added +195.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 238.7k $8.1m | Added +6.6k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 237.1k $8.0m | Reduced -49.9k |
| READYSTATE ASSET MANAGEMENT LP 0.46% of their portfolio | 228.8k $7.8m | Added +93.4k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 216.9k $7.4m | Added +206.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 215.8k $7.3m | Added +2.1k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 205.3k $7.0m | Reduced -12.6k |
| J. Goldman & Co LP 0.35% of their portfolio | 184.1k $6.2m | New |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 173.2k $5.9m | Reduced -4.9k |
| TWINBEECH CAPITAL LP 0.09% of their portfolio | 164.6k $5.6m | New |
| Woodline Partners LP 0.06% of their portfolio | 159.4k $5.4m | Added +151.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 153.1k $5.2m | Reduced -1.4k |
| California Public Employees Retirement System 0.00% of their portfolio | 150.5k $5.1m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 150.3k $5.1m | Reduced -19.2k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 147.5k $5.0m | Reduced -41.5k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 147.3k $5.0m | Added +18.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 132.5k $4.5m | Reduced -33.5k |
| HERITAGE INVESTORS MANAGEMENT CORP 0.17% of their portfolio | 131.8k $4.5m | Reduced -7.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 131.0k $4.5m | Added +81.8k |
| Holocene Advisors, LP 0.02% of their portfolio | 123.0k $4.2m | Reduced -109.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 122.9k $4.2m | Reduced -34.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 121.6k $4.1m | Reduced -14.6k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 120.8k $4.1m | Reduced -220.7k |
| PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio | 119.8k $4.1m | Added +23.2k |
| NFJ INVESTMENT GROUP, LLC 0.11% of their portfolio | 119.6k $4.1m | Reduced -16.1k |
| Invesco Ltd. 0.00% of their portfolio | 118.7k $4.0m | Reduced -3.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 118.2k $4.0m | Added +60.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 115.6k $3.9m | Reduced -549 |
| Susquehanna Portfolio Strategies, LLC 0.07% of their portfolio | 115.5k $3.9m | First filing |
| UBS Group AG 0.00% of their portfolio | 113.4k $3.8m | Reduced -29.3k |
| Nishkama Capital, LLC 0.93% of their portfolio | 105.0k $3.6m | New |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 104.5k $3.5m | Reduced -5.9k |
| Boothe Investment Group, Inc. 1.59% of their portfolio | 103.8k $3.5m | Reduced -107.7k |
| PUTNAM INVESTMENTS LLC 0.00% of their portfolio | 101.1k $3.4m | Added +7.8k |
| Ilmarinen Mutual Pension Insurance Co 0.05% of their portfolio | 100.0k $3.4m | Unchanged |
| GLOBEFLEX CAPITAL L P 0.34% of their portfolio | 99.1k $3.4m | Unchanged |
| FORMULA GROWTH LTD 1.06% of their portfolio | 97.1k $3.3m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 96.8k $3.3m | Added +90.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 86.8k $2.9m | Added +67 |
| PEAK6 Investments LLC 0.12% of their portfolio | 84.8k $2.9m | Added +7.6k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 84.3k $2.9m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 82.1k $2.8m | Reduced -5.1k |
| Engineers Gate Manager LP 0.08% of their portfolio | 78.8k $2.7m | Added +5.5k |
| Legal & General Group Plc 0.00% of their portfolio | 77.3k $2.6m | Reduced -231 |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 75.1k $2.6m | Added +18.5k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 75.1k $2.5m | Added +11.4k |
| Alaska Permanent Fund Corp 0.04% of their portfolio | 71.9k $2.4m | Added +1.1k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 59.6k $2.1m | Reduced -26.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 49.9k $1.7m | Reduced -2.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 49.1k $1.7m | Reduced -6.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 48.3k $1.6m | Unchanged |
| Campbell & CO Investment Adviser LLC 0.14% of their portfolio | 46.8k $1.6m | New |
| Amundi 0.00% of their portfolio | 45.2k $1.5m | Reduced -138.1k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 42.5k $1.4m | Reduced -447 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 41.8k $1.4m | Reduced -66 |
| Quantinno Capital Management LP 0.05% of their portfolio | 41.7k $1.4m | Added +12.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 41.6k $1.4m | Reduced -166 |
| Monaco Asset Management SAM 0.52% of their portfolio | 40.0k $1.4m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 39.9k $1.4m | Reduced -43.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 39.5k $1.3m | Reduced -1.0k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 37.9k $1.3m | Reduced -32.8k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 37.8k $1.3m | Added +360 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 37.4k $1.3m | Reduced -5.6k |
| 1492 Capital Management LLC 0.71% of their portfolio | 36.8k $1.2m | Added +363 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 36.7k $1.2m | Added +918 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 35.6k $1.2m | Added +2.3k |