Vault-13

RINGCENTRAL INC RNG 0 03.01.25

NOTE 3/0 · US DOMESTIC · CUSIP 76680RAF4

37 institutional holders -3 vs Q1 2024
24,242,00024.2m shares reported held*
$161.1mreported value*
2 new 2 added 5 reduced 5 sold out net sold ≈ $17.9m (+80.0k 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 ≈ $6.64.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 77Q4 22: 77Q1 23: 72Q2 23: 57Q3 23: 45Q4 23: 47Q1 24: 40Q2 24: 3737Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202277
Q4 202277
Q1 202372
Q2 202357
Q3 202345
Q4 202347
Q1 202440
Q2 202437

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 outQ2 23: 11 bought or addedQ2 23: 40 cut or sold outQ2 23Q3 23: 8 bought or addedQ3 23: 30 cut or sold outQ4 23: 11 bought or addedQ4 23: 14 cut or sold outQ4 23Q1 24: 8 bought or addedQ1 24: 19 cut or sold outQ2 24: 4 bought or addedQ2 24: 10 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222531
Q1 20232532
Q2 20231140
Q3 2023830
Q4 20231114
Q1 2024819
Q2 2024410

Biggest buyers

TENOR CAPITAL MANAGEMENT Co., L.P. Added +9,812,000+9.8m
BANK OF AMERICA CORP /DE/ Added +1,725,000+1.7m
MERCER GLOBAL ADVISORS INC /ADV New +85,000+85.0k
Chicago Capital Management, LLC New +350+350

Biggest sellers

JPMORGAN CHASE & CO Reduced -16,730,000-16.7m
MORGAN STANLEY Reduced -11,432,000-11.4m
TEALWOOD ASSET MANAGEMENT INC Sold out -1,435,000-1.4m
Invesco Ltd. Sold out -425,000-425.0k
Amundi Sold out -376,000-376.0k
PALISADE CAPITAL MANAGEMENT, LP Reduced -83,000-83.0k
BLAIR WILLIAM & CO/IL Reduced -25,000-25.0k
Jefferies Financial Group Inc. Sold out -19,000-19.0k
Global Retirement Partners, LLC Sold out -15,000-15.0k
B. Riley Wealth Advisors, Inc. Reduced -5,000-5.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 0.74% of their portfolio NEW YORK, NY 48,838,00048.8m $46.8m $46.8m 0.74% Added +9.8m +9,812,000
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 27,690,00027.7m $26.5m $26.5m 0.00% Reduced -16.7m -16,730,000
3 ALKEON CAPITAL MANAGEMENT LLC 0.10% of their portfolio New York, NY 20,000,00020.0m $18.9m $18.9m 0.10% Unchanged
4 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 12,390,00012.4m $11.7m $11.7m 0.01% Unchanged
5 Parallax Volatility Advisers, L.P. 0.19% of their portfolio San Francisco, CA 8,000,0008.0m $7.5m $7.5m 0.19% Unchanged
6 PIER 88 INVESTMENT PARTNERS LLC 1.62% of their portfolio SAN FRANCISCO, CA 7,660,0007.7m $7.2m $7.2m 1.62% Unchanged
7 PALISADE CAPITAL MANAGEMENT, LP 0.16% of their portfolio FORT LEE, NJ 6,176,0006.2m $5.9m $5.9m 0.16% Reduced -83.0k -83,000
8 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 6,000,0006.0m $5.8m $5.8m 0.01% Unchanged
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,916,0003.9m $3.7m $3.7m 0.00% Reduced -11.4m -11,432,000
10 WATER ISLAND CAPITAL LLC 0.31% of their portfolio NEW YORK, NY 3,105,0003.1m $2.9m $2.9m 0.31% 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 ADVENT CAPITAL MANAGEMENT /DE/ 0.07% of their portfolio NEW YORK, NY 2,891,0002.9m $2.7m $2.7m 0.07% Unchanged
13 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 2,873,0002.9m $2.7m $2.7m 0.01% Reduced -25.0k -25,000
14 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 2,353,0002.4m $2.2m $2.2m 0.01% Unchanged
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,740,0001.7m $1.6m $1.6m 0.00% Added +1.7m +1,725,000
16 Fort Baker Capital Management LP 0.15% of their portfolio Larkspur, CA 1,344,0001.3m $1.3m $1.3m 0.15% Unchanged
17 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,050,0001.1m $994.8k $994.8k 0.00% Unchanged
18 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 750,000750.0k $707.2k $707.2k 0.00% Unchanged
19 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 320,000320.0k $306.8k $306.8k 0.00% Unchanged
20 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 210,000210.0k $199.2k $199.2k 0.00% Unchanged
21 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 120,000120.0k $113.2k $113.2k 0.00% Unchanged
22 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 85,00085.0k $80.2k $80.2k 0.00% New
23 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 65,00065.0k $61.3k $61.3k 0.00% Unchanged
24 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 60,00060.0k $56.6k $56.6k 0.00% Reduced -5.0k -5,000
25 WealthPLAN Partners, LLC 0.01% of their portfolio OMAHA, NE 55,00055.0k $52.4k $52.4k 0.01% Unchanged
26 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 52,00052.0k $49.0k $49.0k 0.00% Unchanged
27 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 50,00050.0k $47.1k $47.1k 0.00% Unchanged
28 Diversify Advisory Services, LLC 0.00% of their portfolio SANDY, UT 45,00045.0k $42.8k $42.8k 0.00% Unchanged
29 Virtus Investment Advisers, LLC 0.03% of their portfolio HARTFORD, CT 38,00038.0k $35.8k $35.8k 0.03% Unchanged
30 Cornerstone Wealth Advisors, Inc. 0.01% of their portfolio EDINA, MN 30,00030.0k $28.6k $28.6k 0.01% Unchanged
31 Smart Money Group LLC 0.01% of their portfolio EASTLAND, TX 25,00025.0k $24.0k $24.0k 0.01% Unchanged
32 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 22,00022.0k $20.7k $20.7k 0.00% Unchanged
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,0009.0k $9.0k $9.0k 0.00% Unchanged
34 K2 PRINCIPAL FUND, L.P. 1.64% of their portfolio TORONTO, A6 7,7997.8k $7.4m $7.4m 1.64% Unchanged
35 Chicago Capital Management, LLC 0.26% of their portfolio CHICAGO, IL 350350 $334.5k $334.5k 0.26% New
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1010 $9.4k $9.4k 0.00% Unchanged
37 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged