Vault-13

RINGCENTRAL INC RNG 0 03.01.25

NOTE 3/0 · US DOMESTIC · CUSIP 76680RAF4

40 institutional holders -7 vs Q4 2023
24,162,00024.2m shares reported held*
$177.8mreported value*
3 new 5 added 8 reduced 11 sold out net bought ≈ $6.0m (-7.3m 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. Holder counts are more reliable. Implied quarter-end price ≈ $7.36.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 77Q4 22: 77Q1 23: 72Q2 23: 57Q3 23: 45Q4 23: 47Q1 24: 4040Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202277
Q4 202277
Q1 202372
Q2 202357
Q3 202345
Q4 202347
Q1 202440

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 23Q3 23: 8 bought or addedQ3 23: 30 cut or sold outQ3 23Q4 23: 11 bought or addedQ4 23: 14 cut or sold outQ4 23Q1 24: 8 bought or addedQ1 24: 19 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222531
Q1 20232532
Q2 20231140
Q3 2023830
Q4 20231114
Q1 2024819

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +22,010,000+22.0m
MORGAN STANLEY Added +7,148,000+7.1m
JPMORGAN CHASE & CO Added +2,996,000+3.0m
PIER 88 INVESTMENT PARTNERS LLC Added +1,670,000+1.7m
Fort Baker Capital Management LP New +1,344,000+1.3m
SCHRODER INVESTMENT MANAGEMENT GROUP New +750,000+750.0k
Virtus Investment Advisers, LLC New +38,000+38.0k
B. Riley Wealth Advisors, Inc. Added +35,000+35.0k

Biggest sellers

BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sold out -6,000,000-6.0m
Invesco Ltd. Reduced -3,750,000-3.8m
FEDERATED HERMES, INC. Sold out -3,095,000-3.1m
BlackRock Inc. Sold out -2,978,000-3.0m
CITIGROUP INC Sold out -2,694,000-2.7m
Aequim Alternative Investments LP Sold out -2,500,000-2.5m
WELLS FARGO & COMPANY/MN Sold out -2,246,000-2.2m
Jefferies Financial Group Inc. Reduced -1,731,000-1.7m
Fort Baker Capital Management LP Sold out -1,344,000-1.3m
MACQUARIE GROUP LTD Sold out -1,170,000-1.2m

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 44,420,00044.4m $42.2m $42.2m 0.00% Added +3.0m +2,996,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 0.59% of their portfolio NEW YORK, NY 39,026,00039.0m $37.1m $37.1m 0.59% Added +22.0m +22,010,000
3 ALKEON CAPITAL MANAGEMENT LLC 0.10% of their portfolio New York, NY 20,000,00020.0m $19.0m $19.0m 0.10% Unchanged
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 15,348,00015.3m $14.5m $14.5m 0.00% Added +7.1m +7,148,000
5 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 12,390,00012.4m $11.7m $11.7m 0.01% Unchanged
6 Parallax Volatility Advisers, L.P. 0.21% of their portfolio San Francisco, CA 8,000,0008.0m $7.5m $7.5m 0.21% Unchanged
7 PIER 88 INVESTMENT PARTNERS LLC 1.78% of their portfolio SAN FRANCISCO, CA 7,660,0007.7m $7.2m $7.2m 1.78% Added +1.7m +1,670,000
8 PALISADE CAPITAL MANAGEMENT, LP 0.16% of their portfolio FORT LEE, NJ 6,259,0006.3m $5.9m $5.9m 0.16% Reduced -17.0k -17,000
9 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 6,000,0006.0m $5.7m $5.7m 0.01% Unchanged
10 WATER ISLAND CAPITAL LLC 0.33% of their portfolio NEW YORK, NY 3,105,0003.1m $2.9m $2.9m 0.33% Unchanged
11 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 3,000,0003.0m $2.8m $2.8m 0.01% Unchanged
12 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 2,898,0002.9m $2.7m $2.7m 0.01% Reduced -65.0k -65,000
13 ADVENT CAPITAL MANAGEMENT /DE/ 0.07% of their portfolio NEW YORK, NY 2,891,0002.9m $2.7m $2.7m 0.07% Reduced -174.0k -174,000
14 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 2,353,0002.4m $2.2m $2.2m 0.01% Unchanged
15 TEALWOOD ASSET MANAGEMENT INC 0.61% of their portfolio Minneapolis, MN 1,435,0001.4m $1.4m $1.4m 0.61% Reduced -10.0k -10,000
16 Fort Baker Capital Management LP 0.18% of their portfolio Larkspur, CA 1,344,0001.3m $1.3m $1.3m 0.18% New
17 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,050,0001.1m $992.1k $992.1k 0.00% Unchanged
18 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 750,000750.0k $707.3k $707.3k 0.00% New
19 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 425,000425.0k $400.8k $400.8k 0.00% Reduced -3.8m -3,750,000
20 Amundi 0.00% of their portfolio Paris, I0 376,000376.0k $355.0k $355.0k 0.00% Unchanged
21 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 320,000320.0k $302.5k $302.5k 0.00% Unchanged
22 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 210,000210.0k $198.9k $198.9k 0.00% Unchanged
23 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 120,000120.0k $113.2k $113.2k 0.00% Unchanged
24 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 65,00065.0k $59.9k $59.9k 0.00% Added +35.0k +35,000
25 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 65,00065.0k $61.3k $61.3k 0.00% Unchanged
26 WealthPLAN Partners, LLC 0.01% of their portfolio OMAHA, NE 55,00055.0k $52.0k $52.0k 0.01% Unchanged
27 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 52,00052.0k $49.0k $49.0k 0.00% Unchanged
28 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 50,00050.0k $47.2k $47.2k 0.00% Reduced -15.0k -15,000
29 Diversify Advisory Services, LLC 0.00% of their portfolio SANDY, UT 45,00045.0k $42.5k $42.5k 0.00% First filing
30 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 38,00038.0k $35.8k $35.8k 0.03% New
31 Cornerstone Wealth Advisors, Inc. 0.01% of their portfolio EDINA, MN 30,00030.0k $28.4k $28.4k 0.01% Unchanged
32 Smart Money Group LLC 0.01% of their portfolio EASTLAND, TX 25,00025.0k $23.5k $23.5k 0.01% Unchanged
33 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 22,00022.0k $20.7k $20.7k 0.00% Unchanged
34 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 19,00019.0k $18.0k $18.0k 0.00% Reduced -1.7m -1,731,000
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,00015.0k $14.1k $14.1k 0.00% Reduced -1.0m -1,000,000
36 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 15,00015.0k $14.2k $14.2k 0.00% Unchanged
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,0009.0k $9.0k $9.0k 0.00% Unchanged
38 K2 PRINCIPAL FUND, L.P. 1.76% of their portfolio TORONTO, A6 7,7997.8k $7.4m $7.4m 1.76% Unchanged
39 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1010 $9.4k $9.4k 0.00% Unchanged
40 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged