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 ($10.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.86. Options: 12 managers hold calls ($18.0m notional), 13 hold puts ($20.5m).
Trends to Q4 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 |
| Q2 2025 | 290 |
| Q3 2025 | 318 |
| Q4 2025 | 309 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 129 | 141 |
| Q2 2024 | 157 | 119 |
| Q3 2024 | 137 | 144 |
| Q4 2024 | 153 | 135 |
| Q1 2025 | 170 | 137 |
| Q2 2025 | 165 | 146 |
| Q3 2025 | 175 | 124 |
| Q4 2025 | 162 | 143 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $15.4m | $15.1m | 0.98 |
| Q2 2025 | $22.6m | $20.8m | 0.92 |
| Q3 2025 | $23.9m | $25.6m | 1.07 |
| Q4 2025 | $18.0m | $20.5m | 1.14 |
Biggest buyers
| LSV ASSET MANAGEMENT | Added | +1.7m |
| AQR CAPITAL MANAGEMENT LLC | Added | +524.0k |
| CITIGROUP INC | Added | +426.3k |
| MORGAN STANLEY | Added | +355.3k |
| TWO SIGMA INVESTMENTS, LP | Added | +289.5k |
| PANAGORA ASSET MANAGEMENT INC | Added | +273.6k |
| SG Americas Securities, LLC | Added | +265.3k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +225.6k |
| D. E. Shaw & Co., Inc. | New | +214.0k |
| AMERICAN CENTURY COMPANIES INC | Added | +171.5k |
Biggest sellers
| MACQUARIE GROUP LTD | Sold out | -1.5m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.2m |
| Alyeska Investment Group, L.P. | Reduced | -762.7k |
| MARSHALL WACE, LLP | Reduced | -604.4k |
| JPMORGAN CHASE & CO | Reduced | -476.9k |
| VANGUARD GROUP INC | Reduced | -411.6k |
| COATUE MANAGEMENT LLC | Sold out | -411.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -355.4k |
| CITADEL ADVISORS LLC | Reduced | -266.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -247.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.9m135.2k shares |
| Walleye Trading LLC | Added | $3.0m103.8k shares |
| CITADEL ADVISORS LLC | Reduced | $2.4m84.3k shares |
| IMC-Chicago, LLC | Reduced | $1.8m63.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.7m59.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.7m57.5k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $1.6m55.0k shares |
| HRT FINANCIAL LP | Added | $681.0k23.6k shares |
| GROUP ONE TRADING LLC | Reduced | $485.2k16.8k shares |
| D. E. Shaw & Co., Inc. | Reduced | $332.1k11.5k shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | Unchanged | $9.0m310.0k shares |
| NOMURA HOLDINGS INC | Unchanged | $2.9m100.0k shares |
| IMC-Chicago, LLC | Added | $1.4m49.8k shares |
| Walleye Trading LLC | Added | $1.3m44.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.0m36.1k shares |
| D. E. Shaw & Co., Inc. | Reduced | $1.0m35.8k shares |
| JANE STREET GROUP, LLC | Added | $1.0m35.6k shares |
| CITADEL ADVISORS LLC | Reduced | $1.0m34.7k shares |
| HRT FINANCIAL LP | New | $947.0k32.8k shares |
| GROUP ONE TRADING LLC | Added | $641.1k22.2k 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 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2025 | 0 | — | 6 | $6.6m | $6.6m |
| Q3 2025 | 0 | — | 4 | $3.6m | $3.6m |
| Q4 2025 | 0 | — | 5 | $3.4m | $3.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-26 | Makagon Kira President and COO | Sold plan | $189.8k6.5k shares |
| 2025-12-10 | Arora Tarun Chief Accounting Officer | Sold plan | $79.5k2.6k shares |
| 2025-12-01 | Arora Tarun Chief Accounting Officer | Sold plan | $111.6k3.9k shares |
| 2025-11-26 | Makagon Kira President and COO | Sold plan | $416.0k14.8k shares |
| 2025-11-26 | Arora Tarun Chief Accounting Officer | Sold plan | $26.4k942 shares |
| 2025-11-24 | Shmunis Vladimir CEO and Chairman, director | Sold plan | $747.9k27.0k shares |
| 2025-11-21 | Shmunis Vladimir CEO and Chairman, director | Sold plan | $1.3m46.8k shares |
| 2025-11-21 | Agarwal Vaibhav Chief Financial Officer | Sold plan | $388.6k15.0k shares |
| 2025-11-18 | Agarwal Vaibhav Chief Financial Officer | Sold plan | $62.7k2.4k shares |
| 2025-11-13 | Arora Tarun Chief Accounting Officer | Sold plan | $24.1k882 shares |
| 2025-10-01 | THEIS ROBERT I Director | Sold plan | $79.9k2.8k 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 2025
| Manager | Shares | Change |
|---|---|---|
| Capital World Investors 0.05% of their portfolio | 11.7m $339.2m | Added +8.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 11.4m $329.6m | Reduced -411.6k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 6.4m $186.2m | Reduced -99.5k |
| BlackRock, Inc. 0.00% of their portfolio | 5.7m $163.6m | Reduced -179.7k |
| LSV ASSET MANAGEMENT 0.18% of their portfolio | 2.9m $82.9m | Added +1.7m |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 2.0m $57.9m | Added +524.0k |
| STATE STREET CORP 0.00% of their portfolio | 1.8m $51.3m | Reduced -148.7k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 1.6m $46.8m | Added +11.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.6m $44.8m | Added +533 |
| Invenomic Capital Management LP 2.14% of their portfolio | 1.5m $44.4m | Added +55.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.07% of their portfolio | 1.5m $43.4m | Added +225.6k |
| JUPITER ASSET MANAGEMENT LTD 0.34% of their portfolio | 1.5m $42.1m | Added +149.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 1.4m $39.5m | Reduced -179.9k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.20% of their portfolio | 1.3m $38.0m | Added +92.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.2m $34.9m | Added +59.0k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 1.2m $34.4m | Reduced -604.4k |
| Alyeska Investment Group, L.P. 0.09% of their portfolio | 1.1m $32.4m | Reduced -762.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.11% of their portfolio | 1.0m $29.3m | Reduced -247.1k |
| Nuveen, LLC 0.01% of their portfolio | 855.7k $24.7m | Reduced -77.1k |
| MORGAN STANLEY 0.00% of their portfolio | 804.2k $23.2m | Added +355.3k |
| Quantinno Capital Management LP 0.05% of their portfolio | 789.6k $22.8m | Added +31.4k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 779.8k $22.5m | Added +289.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 759.5k $21.9m | Reduced -103.6k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.03% of their portfolio | 751.8k $21.7m | First filing |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 679.5k $19.6m | Added +138.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 670.5k $19.4m | Reduced -355.4k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 653.6k $18.9m | Reduced -158.1k |
| Pacer Advisors, Inc. 0.05% of their portfolio | 637.9k $18.4m | Reduced -83.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 635.0k $18.3m | Reduced -476.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 563.7k $16.3m | Reduced -129.4k |
| Gotham Asset Management, LLC 0.06% of their portfolio | 552.2k $15.9m | Added +151.5k |
| FMR LLC 0.00% of their portfolio | 551.3k $15.9m | Added +52.0k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 529.6k $15.3m | Added +88.7k |
| PANAGORA ASSET MANAGEMENT INC 0.05% of their portfolio | 508.4k $14.7m | Added +273.6k |
| UBS Group AG 0.00% of their portfolio | 493.4k $14.2m | Added +147.0k |
| Bridgewater Associates, LP 0.05% of their portfolio | 487.2k $14.1m | Added +119.8k |
| CITIGROUP INC 0.01% of their portfolio | 477.7k $13.8m | Added +426.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 477.4k $13.8m | Reduced -223.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 456.8k $13.2m | Reduced -22.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 455.4k $13.2m | Added +27.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 446.8k $12.9m | Reduced -1.2m |
| Trexquant Investment LP 0.11% of their portfolio | 433.9k $12.5m | Added +85.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 393.3k $11.4m | Reduced -26.4k |
| Clark Capital Management Group, Inc. 0.06% of their portfolio | 353.2k $10.2m | Added +49.7k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 348.9k $10.1m | Added +102.1k |
| Robertson Opportunity Capital, LLC 3.58% of their portfolio | 342.0k $9.9m | Unchanged |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 340.0k $9.8m | Added +98.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 339.1k $9.8m | Unchanged |
| SEI INVESTMENTS CO 0.01% of their portfolio | 299.6k $8.7m | Added +40.2k |
| Hillsdale Investment Management Inc. 0.23% of their portfolio | 293.2k $8.5m | Added +15.6k |
| Harel Insurance Investments & Financial Services Ltd. 0.07% of their portfolio | 280.3k $8.1m | Added +105.1k |
| SG Americas Securities, LLC 0.01% of their portfolio | 269.0k $7.8m | Added +265.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 256.0k $7.4m | Added +33.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 252.1k $7.3m | Reduced -266.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 239.1k $6.9m | Added +98.6k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.29% of their portfolio | 221.9k $6.4m | Added +152.7k |
| Squarepoint Ops LLC 0.01% of their portfolio | 221.5k $6.4m | Added +111.4k |
| Invesco Ltd. 0.00% of their portfolio | 218.5k $6.3m | Added +66.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 214.0k $6.2m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 212.8k $6.1m | Reduced -4.1k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 202.9k $5.9m | Added +145.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 200.9k $5.8m | Added +171.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 183.3k $5.3m | Reduced -173.2k |
| OP Asset Management Ltd 0.06% of their portfolio | 170.0k $4.9m | Added +11.8k |
| CSM Advisors, LLC 0.13% of their portfolio | 166.8k $4.8m | Reduced -63.7k |
| Bastion Asset Management Inc. 2.43% of their portfolio | 154.0k $4.4m | Reduced -71.5k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 151.5k $4.4m | Reduced -13.0k |
| Swiss National Bank 0.00% of their portfolio | 151.3k $4.4m | Added +11.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 148.5k $4.3m | Added +67.9k |
| Man Group plc 0.01% of their portfolio | 147.2k $4.3m | Added +35.9k |
| BARCLAYS PLC 0.00% of their portfolio | 144.6k $4.2m | Added +7.4k |
| XTX Topco Ltd 0.09% of their portfolio | 124.8k $3.6m | Added +29.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 123.3k $3.6m | Added +122.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 116.8k $3.4m | Reduced -28.2k |
| SIRIOS CAPITAL MANAGEMENT L P 0.42% of their portfolio | 116.7k $3.4m | New |
| GLOBEFLEX CAPITAL L P 0.51% of their portfolio | 114.4k $3.3m | Unchanged |
| Corient Private Wealth LP 0.00% of their portfolio | 111.3k $1.4m | Added +102.9k |
| HERITAGE INVESTORS MANAGEMENT CORP 0.09% of their portfolio | 107.5k $3.1m | Reduced -22.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 106.2k $3.1m | Added +43.1k |
| Boston Partners 0.00% of their portfolio | 103.8k $3.0m | Added +4.8k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.05% of their portfolio | 97.0k $2.8m | Added +7.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 93.4k $2.7m | Reduced -14.7k |
| Verition Fund Management LLC 0.01% of their portfolio | 91.9k $2.7m | Added +1.8k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.02% of their portfolio | 91.5k $2.6m | Added +4.0k |
| Robertson Stephens Wealth Management, LLC 0.07% of their portfolio | 90.3k $2.6m | Added +50.1k |
| GAM Holding AG 0.17% of their portfolio | 90.0k $2.6m | Reduced -10.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 88.2k $2.5m | Added +2.0k |
| Legal & General Group Plc 0.00% of their portfolio | 82.6k $2.4m | Added +3.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 80.6k $2.3m | Reduced -2.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 79.3k $2.3m | Unchanged |
| NORGES BANK 0.00% of their portfolio | 77.4k $2.2m | Not comparable |
| Susquehanna Portfolio Strategies, LLC 0.03% of their portfolio | 76.9k $2.2m | Reduced -120.7k |
| Ahara Advisors LLC 1.96% of their portfolio | 74.9k $2.2m | First filing |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 72.5k $2.1m | Added +4.0k |
| Brevan Howard Capital Management LP 0.04% of their portfolio | 66.7k $1.9m | Added +54.7k |
| Empowered Funds, LLC 0.03% of their portfolio | 64.5k $1.9m | Added +13.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 64.3k $1.9m | Reduced -2.2k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 62.0k $1.8m | Reduced -247 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 61.2k $1.8m | Added +43.1k |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 56.9k $1.6m | Reduced -113.9k |