Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ringcentral Inc (RNG)

340 + Investors. Track Smart Money conviction in RNG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +40
Streak
1Q ▲
Buyers last Q
59%

Smart Money Signals — RNG

Based on 341 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added RNG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
341 hedge funds hold RNG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+44 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

221 buying151 selling
Last quarter: 221 funds bought or added vs 151 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+42 vs last Q)

new funds entering per quarter
Funds opening a new RNG position: 46 → 65 → 51 → 93. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 19% medium ■ 26% new
189 out of 341 hedge funds have held RNG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +25% but shares only +3% — price-driven

Value
+24%
Shares
+2%
Last quarter: the total dollar value of institutional holdings rose +25%, but actual share count only changed +3%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

47 → 46 → 65 → 51 → 93 new funds/Q
New funds entering each quarter: 46 → 65 → 51 → 93. A growing number of institutions are discovering RNG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 25% newcomers

■ 65% veterans ■ 10% 1-2yr ■ 25% new
Entry-cohort mix of 350 holders: 229 (65%) are 2+ year veterans, 34 entered 1–2 years ago, and 87 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
51 of 336 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in RNG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — RNG

In 2026 Q1, 221 hedge funds were net buyers of RNG (93 opened a new position, 128 added to an existing one), while 151 reduced or exited (98 trimmed, 53 sold completely) — a 59% buyer ratio, indicating a slight buying edge. 48% of total institutional value in RNG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +40 funds (more new holders than closures). Total institutional holders: 341.

Hedge Fund Ownership: RNG

How many hedge funds hold RNG — quarterly history vs. share price
Quarterly hedge fund ownership of RNG vs. share price

Market Analysis: RNG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RNG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Ringcentral Inc (RNG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RNG has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
RNG
-6.0%
XLK
+43.7%

RNG outperformed XLK by -49.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
RNG
-14.7%
XLK
+8.3%

Since the filing became public, RNG outperformed XLK by -23.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

28 top-rated funds 1 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: RNG
340 + Investors

Track Smart Money conviction in RNG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 340 301 12.96%
13F Shares 85M 83M 2.92%
Total Value $2.98B $2.39B 24.87%
New Positions 92 51 +41
Increased Positions 125 122 +3
Closed Positions 53 63 -10
Reduced Positions 95 90 +5
Total Calls 7 8 -12.5%
Total Puts 7 9 -22.22%
PUT/CALL Ratio 1.0 1.12 Neutral

Statistics: RNG

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

340 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RNG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 RNG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Robertson Opportunity Capital, LLC 4.89% 342,000 $12.7M
2 Bastion Asset Management Inc. 2.55% 232,921 $8.3M
3 Ahara Advisors LLC 1.96% 74,854 $2.2M
4 Invenomic Capital Management LP 1.39% 812,308 $30.2M
5 G2 Investment Partners Management LLC 1.10% 119,744 $4.5M
6 Symmetry Peak Management LLC 0.67% 65,000 $2.4M
7 Globeflex Capital L P 0.64% 114,439 $4.3M
8 Yorktown Management & Research Co Inc 0.41% 13,050 $485K
9 Formula Growth Ltd 0.39% 23,000 $855K
10 Sirios Capital Management L P 0.36% 80,861 $3.0M
11 Wbi Investments, LLC 0.34% 33,260 $1.2M
12 Jupiter Asset Management Ltd 0.30% 1,532,360 $57.0M
13 Hillsdale Investment Management Inc. 0.30% 294,050 $10.9M
14 Sagewood Asset Management LP 0.26% 22,049 $820K
15 Oak Thistle LLC 0.25% 69,721 $2.6M
16 Grant Private Wealth Management Inc 0.24% 11,913 $443K
17 Optimize Financial Inc 0.23% 12,425 $462K
18 Odyssean, LLC 0.22% 15,900 $591K
19 Fort Washington Investment Advisors Inc /Oh/ 0.16% 763,428 $28.4M
20 Oak Harvest Investment Services 0.16% 40,000 $1.5M
21 Alyeska Investment Group, L.P. 0.15% 1,458,595 $54.2M
22 Quantinno Capital Management LP 0.12% 1,976,995 $73.5M
23 Jacobs Levy Equity Management, Inc 0.11% 723,944 $26.9M
24 Panagora Asset Management Inc 0.10% 731,981 $27.2M
25 Inscription Capital, LLC 0.10% 25,924 $964K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Ringcentral Inc (RNG)

What does the Smart Money Trend signal show for RNG?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added RNG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for RNG?

Slight buying edge — 59% buying: Last quarter: 221 funds bought or added vs 151 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for RNG holders?

Elite ownership — 48% AUM from top-100 funds: 51 of 336 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in RNG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held RNG?

55% of holders stayed for 2+ years: 189 out of 341 hedge funds have held RNG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Ringcentral Inc (RNG) following the 2026 Q1 hedge fund 13F filings?

As of today, RNG has moved -14.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.3% for the XLK sector ETF — an outperformance of -23.0%. Since the quarter end (March 31, 2026), RNG has gained -6.0% vs +43.7% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →