Vault-13

RINGCENTRAL INC RNG 0 03.01.25

NOTE 3/0 · US DOMESTIC · CUSIP 76680RAF4

57 institutional holders -15 vs Q1 2023
51,038,00051.0m shares reported held*
$427.6mreported value*
3 new 8 added 22 reduced 18 sold out net sold ≈ $409.2m (-8.1m shares)

* 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 ($1.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.40.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 77Q4 22: 77Q1 23: 72Q2 23: 5757Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202277
Q4 202277
Q1 202372
Q2 202357

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 25 bought or addedQ4 22: 31 cut or sold outQ4 22Q1 23: 25 bought or addedQ1 23: 32 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 40 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222531
Q1 20232532
Q2 20231140

Biggest buyers

JPMORGAN CHASE & CO Added +9,855,000+9.9m
PALISADE CAPITAL MANAGEMENT, LP New +6,300,000+6.3m
VOYA INVESTMENT MANAGEMENT LLC Added +6,195,000+6.2m
BANK OF AMERICA CORP /DE/ Added +1,387,000+1.4m
WELLINGTON MANAGEMENT GROUP LLP Added +655,000+655.0k
SONA ASSET MANAGEMENT (US) LLC Added +213,000+213.0k
Bank of New York Mellon Corp Added +200,000+200.0k
Argent Trust Co New +65,000+65.0k
WealthPLAN Partners, LLC New +55,000+55.0k
BARCLAYS PLC Added +25,000+25.0k

Biggest sellers

SOROS FUND MANAGEMENT LLC Sold out -126,500,000-126.5m
Linden Advisors LP Sold out -105,717,000-105.7m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -44,970,000-45.0m
LAZARD ASSET MANAGEMENT LLC Reduced -35,824,000-35.8m
Calamos Advisors LLC Reduced -32,682,000-32.7m
D. E. Shaw & Co., Inc. Reduced -20,951,000-21.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -16,813,000-16.8m
FMR LLC Reduced -12,760,000-12.8m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Reduced -12,026,000-12.0m
Monashee Investment Management LLC Sold out -10,000,000-10.0m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.14% of their portfolio ATLANTA, GA 141,190,000141.2m $130.5m $130.5m 0.14% Added +6.2m +6,195,000
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 46,714,00046.7m $43.0m $43.0m 0.00% Added +9.9m +9,855,000
3 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 27,690,00027.7m $25.5m $25.5m 0.04% Reduced -21.0m -20,951,000
4 ALKEON CAPITAL MANAGEMENT LLC 0.11% of their portfolio New York, NY 20,000,00020.0m $18.4m $18.4m 0.11% Unchanged
5 Fort Baker Capital Management LP 2.38% of their portfolio Larkspur, CA 18,246,00018.2m $16.8m $16.8m 2.38% Reduced -2.0m -2,000,000
6 AVIVA PLC 0.06% of their portfolio LONDON, X0 15,000,00015.0m $13.8m $13.8m 0.06% Unchanged
7 Parallax Volatility Advisers, L.P. 0.47% of their portfolio San Francisco, CA 15,000,00015.0m $13.8m $13.8m 0.47% Unchanged
8 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 14,176,00014.2m $13.1m $13.1m 0.02% Reduced -35.8m -35,824,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 13,929,00013.9m $12.8m $12.8m 0.00% Reduced -5.8m -5,750,000
10 FMR LLC 0.00% of their portfolio BOSTON, MA 12,760,00012.8m $11.7m $11.7m 0.00% Reduced -12.8m -12,760,000
11 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 10,727,00010.7m $9.9m $9.9m 0.00% Added +655.0k +655,000
12 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 10,000,00010.0m $9.2m $9.2m 0.03% Reduced -7.5m -7,500,000
13 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 8,750,0008.8m $8.0m $8.0m 0.01% Unchanged
14 TENOR CAPITAL MANAGEMENT Co., L.P. 0.16% of their portfolio NEW YORK, NY 8,530,0008.5m $7.9m $7.9m 0.16% Reduced -45.0m -44,970,000
15 SONA ASSET MANAGEMENT (US) LLC 1.37% of their portfolio NEW YORK, NY 6,375,0006.4m $5.9m $5.9m 1.37% Added +213.0k +213,000
16 OAKTREE CAPITAL MANAGEMENT LP 0.08% of their portfolio LOS ANGELES, CA 6,333,0006.3m $5.9m $5.9m 0.08% Reduced -1.5m -1,523,000
17 PALISADE CAPITAL MANAGEMENT, LP 0.15% of their portfolio FORT LEE, NJ 6,300,0006.3m $5.8m $5.8m 0.15% New
18 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 6,000,0006.0m $5.5m $5.5m 0.02% Unchanged
19 PIER 88 INVESTMENT PARTNERS LLC 1.36% of their portfolio SAN FRANCISCO, CA 5,990,0006.0m $5.5m $5.5m 1.36% Unchanged
20 ADVENT CAPITAL MANAGEMENT /DE/ 0.09% of their portfolio NEW YORK, NY 5,065,0005.1m $4.7m $4.7m 0.09% Reduced -16.8m -16,813,000
21 Aequim Alternative Investments LP 0.17% of their portfolio MILL VALLEY, CA 5,000,0005.0m $4.6m $4.6m 0.17% Unchanged
22 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 4,950,0005.0m $4.6m $4.6m 0.01% Reduced -5.5m -5,456,000
23 Kohlberg Kravis Roberts & Co. L.P. 0.13% of their portfolio NEW YORK, NY 4,370,0004.4m $4.0m $4.0m 0.13% Reduced -1.7m -1,670,000
24 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 4,175,0004.2m $3.8m $3.8m 0.00% Reduced -4.0m -4,000,000
25 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.21% of their portfolio NEW YORK, NY 3,924,0003.9m $3.6m $3.6m 0.21% Reduced -12.0m -12,026,000
26 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,696,0003.7m $3.4m $3.4m 0.00% Reduced -2.8m -2,847,000
27 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 3,565,0003.6m $3.3m $3.3m 0.01% Reduced -480.0k -480,000
28 SSI INVESTMENT MANAGEMENT LLC 0.23% of their portfolio Los Angeles, CA 3,500,0003.5m $3.2m $3.2m 0.23% Unchanged
29 BlackRock Inc. 0.00% of their portfolio New York, NY 3,428,0003.4m $3.2m $3.2m 0.00% Reduced -2.4m -2,400,000
30 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 3,370,0003.4m $3.1m $3.1m 0.00% Unchanged
31 WATER ISLAND CAPITAL LLC 0.27% of their portfolio NEW YORK, NY 3,105,0003.1m $2.9m $2.9m 0.27% Unchanged
32 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 3,095,0003.1m $2.9m $2.9m 0.01% Unchanged
33 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 2,353,0002.4m $2.2m $2.2m 0.01% Reduced -32.7m -32,682,000
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,226,0002.2m $2.0m $2.0m 0.00% Added +1.4m +1,387,000
35 Ayrton Capital LLC 11.50% of their portfolio Westport, CT 2,000,0002.0m $1.8m $1.8m 11.50% Unchanged
36 TEALWOOD ASSET MANAGEMENT INC 0.66% of their portfolio Minneapolis, MN 1,485,0001.5m $1.4m $1.4m 0.66% Unchanged
37 Paloma Partners Management Co 0.24% of their portfolio GREENWICH, CT 1,125,0001.1m $1.0m $1.0m 0.24% Reduced -415.0k -415,000
38 Liberty Mutual Group Asset Management Inc. 0.23% of their portfolio Boston, MA 1,000,0001.0m $919.5k $919.5k 0.23% Reduced -225.0k -225,000
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $643.8k $643.8k 0.00% Added +200.0k +200,000
40 Amundi 0.00% of their portfolio Paris, I0 376,000376.0k $345.7k $345.7k 0.00% Unchanged
41 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 210,000210.0k $193.5k $193.5k 0.00% Unchanged
42 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 183,000183.0k $168.3k $168.3k 0.00% Added +25.0k +25,000
43 MacKay Shields LLC 0.00% of their portfolio New York, NY 140,000140.0k $129.4k $129.4k 0.00% Reduced -7.2m -7,202,000
44 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 120,000120.0k $110.3k $110.3k 0.00% Unchanged
45 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 70,00070.0k $64.4k $64.4k 0.00% Added +5.0k +5,000
46 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 65,00065.0k $59.8k $59.8k 0.00% Reduced -5.0k -5,000
47 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 65,00065.0k $59.8k $59.8k 0.00% New
48 WealthPLAN Partners, LLC 0.01% of their portfolio OMAHA, NE 55,00055.0k $50.6k $50.6k 0.01% New
49 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 52,00052.0k $47.8k $47.8k 0.00% Unchanged
50 Cornerstone Wealth Advisors, Inc. 0.01% of their portfolio EDINA, MN 30,00030.0k $27.6k $27.6k 0.01% Unchanged
51 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 22,00022.0k $20.2k $20.2k 0.00% Unchanged
52 Iron Horse Wealth Management, LLC 0.01% of their portfolio JOHSTON, IA 16,00016.0k $14.7k $14.7k 0.01% Unchanged
53 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 15,00015.0k $13.7k $13.7k 0.00% Reduced -4.2m -4,155,000
54 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 15,00015.0k $13.8k $13.8k 0.00% Unchanged
55 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,0009.0k $9.0k $9.0k 0.00% Unchanged
56 K2 PRINCIPAL FUND, L.P. 2.28% of their portfolio TORONTO, A6 7,7997.8k $7.2m $7.2m 2.28% Unchanged
57 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged