Vault-13

RINGCENTRAL INC RNG 0 03.01.25

NOTE 3/0 · US DOMESTIC · CUSIP 76680RAF4

38 institutional holders +1 vs Q2 2024
23,255,00023.3m shares reported held*
$170.1mreported value*
6 new 2 added 3 reduced 6 sold out net bought ≈ $5.1m (-987.0k 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 ≈ $7.31.

Trends to Q3 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: 37Q3 24: 3838Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202277
Q4 202277
Q1 202372
Q2 202357
Q3 202345
Q4 202347
Q1 202440
Q2 202437
Q3 202438

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 outQ1 23: 25 bought or addedQ1 23: 32 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 40 cut or sold outQ3 23: 8 bought or addedQ3 23: 30 cut or sold outQ3 23Q4 23: 11 bought or addedQ4 23: 14 cut or sold outQ1 24: 8 bought or addedQ1 24: 19 cut or sold outQ1 24Q2 24: 4 bought or addedQ2 24: 10 cut or sold outQ3 24: 8 bought or addedQ3 24: 9 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222531
Q1 20232532
Q2 20231140
Q3 2023830
Q4 20231114
Q1 2024819
Q2 2024410
Q3 202489

Biggest buyers

LAZARD ASSET MANAGEMENT LLC New +10,565,000+10.6m
JPMORGAN CHASE & CO Added +8,476,000+8.5m
PIPER SANDLER & CO. New +3,863,000+3.9m
TEALWOOD ASSET MANAGEMENT INC New +1,320,000+1.3m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +1,236,000+1.2m
SSI INVESTMENT MANAGEMENT LLC New +1,050,000+1.1m
ENVESTNET ASSET MANAGEMENT INC New +85,000+85.0k
CITIGROUP INC New +70,000+70.0k

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Sold out -12,390,000-12.4m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Reduced -4,500,000-4.5m
MORGAN STANLEY Reduced -2,916,000-2.9m
JANE STREET GROUP, LLC Sold out -1,050,000-1.1m
BARCLAYS PLC Sold out -320,000-320.0k
EDMOND DE ROTHSCHILD HOLDING S.A. Sold out -210,000-210.0k
Virtus Investment Advisers, LLC Sold out -38,000-38.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Sold out -22,000-22.0k
PALISADE CAPITAL MANAGEMENT, LP Reduced -20,000-20.0k

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 0.69% of their portfolio NEW YORK, NY 50,074,00050.1m $48.9m $48.9m 0.69% Added +1.2m +1,236,000
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 36,166,00036.2m $35.2m $35.2m 0.00% Added +8.5m +8,476,000
3 ALKEON CAPITAL MANAGEMENT LLC 0.11% of their portfolio New York, NY 20,000,00020.0m $19.5m $19.5m 0.11% Unchanged
4 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,565,00010.6m $10.3m $10.3m 0.01% New
5 Parallax Volatility Advisers, L.P. 0.20% of their portfolio San Francisco, CA 8,000,0008.0m $7.8m $7.8m 0.20% Unchanged
6 PIER 88 INVESTMENT PARTNERS LLC 1.64% of their portfolio SAN FRANCISCO, CA 7,660,0007.7m $7.5m $7.5m 1.64% Unchanged
7 PALISADE CAPITAL MANAGEMENT, LP 0.16% of their portfolio FORT LEE, NJ 6,156,0006.2m $6.0m $6.0m 0.16% Reduced -20.0k -20,000
8 PIPER SANDLER & CO. 2.54% of their portfolio MINNEAPOLIS, MN 3,863,0003.9m $3.8m $3.8m 2.54% New
9 WATER ISLAND CAPITAL LLC 0.31% of their portfolio NEW YORK, NY 3,105,0003.1m $3.0m $3.0m 0.31% Unchanged
10 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 3,000,0003.0m $2.9m $2.9m 0.01% Unchanged
11 ADVENT CAPITAL MANAGEMENT /DE/ 0.07% of their portfolio NEW YORK, NY 2,891,0002.9m $2.8m $2.8m 0.07% Unchanged
12 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 2,873,0002.9m $2.8m $2.8m 0.01% Unchanged
13 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 2,353,0002.4m $2.3m $2.3m 0.01% Unchanged
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,740,0001.7m $1.7m $1.7m 0.00% Unchanged
15 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,500,0001.5m $1.5m $1.5m 0.00% Reduced -4.5m -4,500,000
16 Fort Baker Capital Management LP 0.22% of their portfolio Larkspur, CA 1,344,0001.3m $1.3m $1.3m 0.22% Unchanged
17 TEALWOOD ASSET MANAGEMENT INC 0.56% of their portfolio Minneapolis, MN 1,320,0001.3m $1.3m $1.3m 0.56% New
18 SSI INVESTMENT MANAGEMENT LLC 0.08% of their portfolio Los Angeles, CA 1,050,0001.1m $1.0m $1.0m 0.08% New
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $973.0k $973.0k 0.00% Reduced -2.9m -2,916,000
20 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 750,000750.0k $729.8k $729.8k 0.00% Unchanged
21 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 200,000200.0k $194.6k $194.6k 0.00% Not comparable
22 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 120,000120.0k $116.8k $116.8k 0.00% Unchanged
23 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 85,00085.0k $82.7k $82.7k 0.00% Unchanged
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 85,00085.0k $82.7k $82.7k 0.00% New
25 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 70,00070.0k $68.1k $68.1k 0.00% New
26 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 65,00065.0k $63.2k $63.2k 0.00% Unchanged
27 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 60,00060.0k $58.4k $58.4k 0.00% Unchanged
28 WealthPLAN Partners, LLC 0.01% of their portfolio OMAHA, NE 55,00055.0k $53.3k $53.3k 0.01% Unchanged
29 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 52,00052.0k $50.6k $50.6k 0.00% Unchanged
30 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 50,00050.0k $48.6k $48.6k 0.00% Unchanged
31 Diversify Advisory Services, LLC 0.00% of their portfolio SANDY, UT 45,00045.0k $44.0k $44.0k 0.00% Unchanged
32 Cornerstone Wealth Advisors, Inc. 0.01% of their portfolio EDINA, MN 30,00030.0k $29.1k $29.1k 0.01% Unchanged
33 Smart Money Group LLC 0.01% of their portfolio EASTLAND, TX 25,00025.0k $24.4k $24.4k 0.01% Unchanged
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,0009.0k $9.0k $9.0k 0.00% Unchanged
35 K2 PRINCIPAL FUND, L.P. 1.26% of their portfolio TORONTO, A6 7,7997.8k $7.6m $7.6m 1.26% Unchanged
36 Chicago Capital Management, LLC 0.23% of their portfolio CHICAGO, IL 350350 $340.7k $340.7k 0.23% Unchanged
37 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1010 $9.7k $9.7k 0.00% Unchanged
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged