SecurityRNET / RigNet, Inc.
InstitutionStrs Ohio
Shares40,500
Value $ 417,000

Strs Ohio reports 9.76% increase in ownership of RNET / RigNet, Inc.

August 06, 2018 - Strs Ohio has filed a 13F-HR form disclosing ownership of 40,500 shares of RigNet, Inc. (NASDAQ:RNET) with total holdings valued at $417,000 USD as of June 30, 2018. Strs Ohio had filed a previous 13F-HR on April 20, 2018 disclosing 36,900 shares of RigNet, Inc. at a value of $501,000 USD. This represents a change in shares of 9.76 percent and a change in value of -16.77 percent during the quarter.

Other investors with positions similar to Strs Ohio include Menta Capital Llc, Morgan Stanley, Parametric Portfolio Associates Llc, Cornerstone Capital Management Holdings Llc., Millennium Management Llc, and Royce & Associates LLC.

RigNet, Inc. has declared a standard industrial code (sic) of 4899 which is the "Communications Services, Not Elsewhere Classified" industry. Strs Ohio's top industries are "Miscellaneous Repair Services" (sic 76), "Coal Mining" (sic 12), and "Legal Services" (sic 81).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR RIGNET COM 766582100 11.94 40,500 9.76 417 -16.77 43 -127 -25.34
2018-03-31 13F-HR RIGNET COM 766582100 14.25 36,900 0.00 501 -9.07 0 -50 -9.07
2017-12-31 13F-HR RIGNET COM 766582100 16.06 36,900 4.53 551 -9.23 26 -82 -13.46
2017-09-30 13F-HR RIGNET COM 766582100 16.61 35,300 -7.11 607 -0.33 -45 43 7.04
2017-06-30 13F-HR RIGNET COM 766582100 18.71 38,000 96.89 609 47.46 350 -154 -37.27
2017-03-31 13F-HR RIGNET COM 766582100 22.26 19,300 22.93 413 13.77 80 -30 -8.30
2016-12-31 13F-HR RIGNET COM 766582100 19.09 15,700 61.86 363 148.63 115 102 70.19
2016-09-30 13F-HR RIGNET COM 766582100 9,700 146


CUSIP: 766582100