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 ($5.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.77. Options: 15 managers hold calls ($15.4m notional), 13 hold puts ($15.1m).
Trends to Q1 2025
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 |
| Q1 2024 | 264 |
| Q2 2024 | 285 |
| Q3 2024 | 287 |
| Q4 2024 | 312 |
| Q1 2025 | 300 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 144 | 160 |
| Q3 2023 | 122 | 156 |
| Q4 2023 | 115 | 143 |
| Q1 2024 | 129 | 141 |
| Q2 2024 | 157 | 119 |
| Q3 2024 | 137 | 144 |
| Q4 2024 | 153 | 135 |
| Q1 2025 | 170 | 137 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $35.7m | $35.7m | 1.00 |
| Q3 2024 | $42.5m | $31.3m | 0.74 |
| Q4 2024 | $44.8m | $32.1m | 0.72 |
| Q1 2025 | $15.4m | $15.1m | 0.98 |
Biggest buyers
| Contour Asset Management LLC | New | +1.8m |
| MARSHALL WACE, LLP | Added | +1.3m |
| BlackRock, Inc. | Added | +776.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +679.2k |
| UBS Group AG | Added | +581.5k |
| AMERIPRISE FINANCIAL INC | Added | +512.8k |
| COATUE MANAGEMENT LLC | New | +411.4k |
| BANK OF AMERICA CORP /DE/ | Added | +379.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +323.6k |
| JUPITER ASSET MANAGEMENT LTD | Added | +307.0k |
Biggest sellers
| Alyeska Investment Group, L.P. | Reduced | -1.5m |
| Pacer Advisors, Inc. | Reduced | -1.1m |
| Capital World Investors | Reduced | -977.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -906.8k |
| Qube Research & Technologies Ltd | Reduced | -603.2k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -337.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -303.6k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -219.4k |
| MACKENZIE FINANCIAL CORP | Reduced | -189.3k |
| ALGERT GLOBAL LLC | Reduced | -160.9k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $3.4m138.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.8m113.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.9m78.1k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $1.2m50.0k shares |
| IMC-Chicago, LLC | Reduced | $1.2m49.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.0m41.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $956.3k37.4k shares |
| Point72 Asset Management, L.P. | Unchanged | $784.9k31.7k shares |
| Walleye Trading LLC | Reduced | $705.7k28.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $465.5k18.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.3m133.0k shares |
| NOMURA HOLDINGS INC | Unchanged | $2.5m100.0k shares |
| PEAK6 LLC | Added | $2.0m79.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m52.2k shares |
| IMC-Chicago, LLC | Added | $1.2m48.1k shares |
| Walleye Trading LLC | Reduced | $1.1m44.5k shares |
| WOLVERINE TRADING, LLC | Added | $818.2k32.0k shares |
| SIMPLEX TRADING, LLC | Added | $817.0k33.0k shares |
| JANE STREET GROUP, LLC | Added | $787.4k31.8k shares |
| Point72 Asset Management, L.P. | Reduced | $740.3k29.9k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 5 | $3.6m | $3.1m |
| Q3 2023 | 0 | — | 4 | $2.7m | $2.7m |
| Q4 2023 | 0 | — | 4 | $4.2m | $4.2m |
| Q1 2024 | 0 | — | 5 | $9.6m | $9.6m |
| Q2 2024 | 0 | — | 4 | $5.5m | $5.5m |
| Q3 2024 | 0 | — | 5 | $5.2m | $4.9m |
| Q4 2024 | 0 | — | 5 | $6.3m | $6.1m |
| Q1 2025 | 0 | — | 4 | $7.8m | $7.8m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-04 | THEIS ROBERT I Director | Sold plan | $40.3k1.5k shares |
| 2025-02-28 | Agarwal Vaibhav CTrO and Deputy CFO | Sold plan | $709.6k24.8k shares |
| 2025-02-24 | Shmunis Vladimir CEO and Chairman, director | Sold plan | $3.5m123.6k shares |
| 2025-02-24 | Marlow John H SVP, CAdO & GENERAL COUNSEL | Sold plan | $1.0m35.1k shares |
| 2025-02-21 | Shmunis Vladimir CEO and Chairman, director | Sold plan | $1.9m66.1k shares |
| 2025-02-21 | Marlow John H SVP, CAdO & GENERAL COUNSEL | Sold plan | $662.2k23.0k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 11.6m $288.2m | Reduced -27.7k |
| Capital World Investors 0.04% of their portfolio | 9.7m $239.8m | Reduced -977.4k |
| SYLEBRA CAPITAL LLC 9.40% of their portfolio | 7.5m $186.6m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 7.0m $174.0m | Added +512.8k |
| BlackRock, Inc. 0.00% of their portfolio | 6.6m $162.7m | Added +776.0k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 2.0m $48.5m | Reduced -49.4k |
| STATE STREET CORP 0.00% of their portfolio | 1.9m $47.5m | Reduced -8.0k |
| Contour Asset Management LLC 1.90% of their portfolio | 1.8m $45.7m | New |
| HENNESSY ADVISORS INC 1.27% of their portfolio | 1.5m $38.0m | Reduced -150.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.5m $37.2m | Reduced -24.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 1.5m $36.9m | Reduced -303.6k |
| MARSHALL WACE, LLP 0.05% of their portfolio | 1.5m $36.4m | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.4m $35.4m | Added +80.2k |
| JUPITER ASSET MANAGEMENT LTD 0.32% of their portfolio | 1.4m $33.8m | Added +307.0k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 1.3m $31.2m | Reduced -337.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.07% of their portfolio | 1.0m $25.8m | Reduced -123.3k |
| Pacer Advisors, Inc. 0.06% of their portfolio | 1.0m $25.7m | Reduced -1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 982.8k $24.3m | Added +296.1k |
| UBS Group AG 0.01% of their portfolio | 957.5k $23.7m | Added +581.5k |
| FMR LLC 0.00% of their portfolio | 893.1k $22.1m | Added +162.7k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 876.9k $21.7m | Reduced -52.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.09% of their portfolio | 870.7k $21.6m | Added +679.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 798.0k $19.8m | Added +379.1k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.12% of their portfolio | 783.7k $19.4m | Added +233.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 768.3k $19.0m | Reduced -63.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 738.9k $18.3m | First filing |
| Squarepoint Ops LLC 0.04% of their portfolio | 655.6k $16.2m | Added +306.1k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 577.2k $14.3m | Reduced -219.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 548.8k $13.6m | Added +41.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 538.5k $13.3m | Reduced -906.8k |
| VALLEY WEALTH MANAGERS, INC. 0.98% of their portfolio | 523.1k $13.0m | Reduced -70.8k |
| Nuveen, LLC 0.00% of their portfolio | 488.7k $12.1m | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 486.9k $12.1m | Added +135.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 482.1k $11.9m | Reduced -47.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 480.5k $11.9m | Added +262.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio | 464.6k $11.5m | Added +154.3k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 448.2k $11.1m | Added +35.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 445.6k $11.0m | Reduced -855 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 418.1k $10.4m | Added +180.1k |
| COATUE MANAGEMENT LLC 0.04% of their portfolio | 411.4k $10.2m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 405.5k $10.0m | Added +323.6k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 359.9k $8.9m | Added +297.4k |
| Trexquant Investment LP 0.10% of their portfolio | 341.4k $8.5m | Added +102.7k |
| Bastion Asset Management Inc. 4.72% of their portfolio | 311.2k $8.8m | Added +203.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 307.5k $7.6m | Added +273.5k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 264.9k $6.6m | Added +143.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 261.2k $6.5m | Added +5.4k |
| Foundry Partners, LLC 0.34% of their portfolio | 258.1k $6.4m | Added +3.5k |
| Alyeska Investment Group, L.P. 0.02% of their portfolio | 200.0k $5.0m | Reduced -1.5m |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 199.1k $4.9m | Reduced -603.2k |
| Harel Insurance Investments & Financial Services Ltd. 0.06% of their portfolio | 194.7k $4.8m | Added +9.5k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 193.0k $4.8m | Reduced -189.3k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 190.5k $4.7m | Added +58.2k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 189.7k $4.8m | Reduced -44.6k |
| Quantinno Capital Management LP 0.03% of their portfolio | 184.3k $4.6m | Reduced -36.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 179.9k $4.5m | Added +52.8k |
| Engineers Gate Manager LP 0.07% of their portfolio | 175.0k $4.3m | Added +90.7k |
| Jump Financial, LLC 0.06% of their portfolio | 168.2k $4.2m | New |
| BARCLAYS PLC 0.00% of their portfolio | 165.7k $4.1m | Added +81.3k |
| Woodline Partners LP 0.03% of their portfolio | 159.5k $3.9m | Added +20.5k |
| HERITAGE INVESTORS MANAGEMENT CORP 0.13% of their portfolio | 153.1k $3.8m | Reduced -6.7k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 151.4k $3.7m | Added +23.0k |
| Hillsdale Investment Management Inc. 0.19% of their portfolio | 150.7k $3.7m | Reduced -3.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 146.4k $3.6m | Added +23.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 141.9k $3.5m | Reduced -18.3k |
| Robertson Opportunity Capital, LLC 1.32% of their portfolio | 140.0k $3.5m | Added +15.0k |
| Swiss National Bank 0.00% of their portfolio | 139.7k $3.5m | Reduced -4.9k |
| Verition Fund Management LLC 0.02% of their portfolio | 136.7k $3.4m | Added +75.4k |
| Clark Capital Management Group, Inc. 0.02% of their portfolio | 134.0k $3.3m | Added +20.0k |
| Holocene Advisors, LP 0.01% of their portfolio | 128.7k $3.2m | Added +55.6k |
| Invesco Ltd. 0.00% of their portfolio | 124.5k $3.1m | Added +17.6k |
| Brevan Howard Capital Management LP 0.08% of their portfolio | 124.4k $3.0m | Added +90.2k |
| AXA S.A. 0.01% of their portfolio | 123.7k $3.1m | Added +13.3k |
| ALGERT GLOBAL LLC 0.08% of their portfolio | 123.4k $3.1m | Reduced -160.9k |
| GREAT LAKES ADVISORS, LLC 0.03% of their portfolio | 121.5k $3.0m | Reduced -2.5k |
| TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio | 114.7k $2.8m | Added +65.3k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 114.5k $2.8m | Reduced -88.4k |
| OP Asset Management Ltd 0.05% of their portfolio | 112.2k $2.8m | First filing |
| Campbell & CO Investment Adviser LLC 0.21% of their portfolio | 108.1k $2.7m | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 101.5k $2.5m | Added +49.4k |
| SG Americas Securities, LLC 0.01% of their portfolio | 101.4k $2.5m | Added +92.0k |
| GLOBEFLEX CAPITAL L P 0.23% of their portfolio | 99.1k $2.5m | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 91.8k $2.3m | Reduced -8.7k |
| NFJ INVESTMENT GROUP, LLC 0.07% of their portfolio | 89.6k $2.2m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 86.8k $2.1m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 83.4k $2.1m | Added +2.8k |
| Alaska Permanent Fund Corp 0.03% of their portfolio | 82.3k $2.1m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 82.0k $2.0m | Added +6.8k |
| HRT FINANCIAL LP 0.01% of their portfolio | 72.2k $1.8m | Added +33.4k |
| Boston Partners 0.00% of their portfolio | 69.7k $1.7m | Added +18.3k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.03% of their portfolio | 68.9k $1.7m | Added +11.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 68.5k $1.7m | Added +31.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 68.1k $1.7m | Reduced -1.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 67.4k $1.7m | New |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 66.2k $1.6m | Reduced -112.1k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 65.1k $1.6m | First filing |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 61.2k $1.5m | Added +3.1k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 59.0k $1.5m | Reduced -174 |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 56.1k $1.4m | Added +1.3k |
| LECAP ASSET MANAGEMENT LTD 0.31% of their portfolio | 52.8k $1.3m | New |