LSV Asset Management (RNG) reports 3.98M-share beneficial stake in RingCentral
Rhea-AI Filing Summary
LSV Asset Management filed as a significant shareholder of RingCentral, Inc., reporting beneficial ownership of 3,977,000 shares of Class A Common Stock. This represents 5.37% of the class, making LSV a holder of more than five percent of the company’s outstanding Class A shares.
LSV reports sole voting power over 2,186,600 shares and sole dispositive power over all 3,977,000 shares, with no shared voting or dispositive power. The filing notes that LSV’s clients, including funds and managed accounts, have rights to dividends and sale proceeds related to these securities.
Positive
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Negative
- None.
Key Figures
Beneficial ownership: 3,977,000 shares
Percent of class: 5.37%
Sole voting power: 2,186,600 shares
+3 more
6 metrics
Beneficial ownership
3,977,000 shares
Class A Common Stock beneficially owned by LSV Asset Management
Percent of class
5.37%
Percentage of RingCentral Class A Common Stock beneficially owned
Sole voting power
2,186,600 shares
Shares for which LSV Asset Management has sole power to vote
Shared voting power
0 shares
Shares for which LSV Asset Management has shared voting power
Sole dispositive power
3,977,000 shares
Shares for which LSV Asset Management has sole power to dispose
Shared dispositive power
0 shares
Shares for which LSV Asset Management has shared power to dispose
Key Terms
Schedule 13G, beneficially owned, sole voting power, sole dispositive power, +1 more
5 terms
Schedule 13G regulatory
"LSV Asset Management filed as a significant shareholder on Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Amount beneficially owned: 3,977,000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole power to vote or to direct the vote: 2,186,600"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 3,977,000"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
dispositive power financial
"Shared power to dispose or to direct the disposition of: 0"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of RingCentral (RNG) does LSV Asset Management report owning?
LSV Asset Management reports beneficial ownership of 5.37% of RingCentral’s Class A Common Stock. This stake crosses the five percent threshold that requires a Schedule 13G filing under SEC rules.
What dispositive power does LSV Asset Management report over RingCentral (RNG) stock?
LSV Asset Management reports sole dispositive power over 3,977,000 shares of RingCentral Class A Common Stock and no shared dispositive power, meaning it alone can direct the disposition of those shares.
Who ultimately benefits from LSV Asset Management’s RingCentral (RNG) holdings?
The filing states that clients of LSV Asset Management, including funds and managed accounts, have the right to receive dividends and sale proceeds from the RingCentral securities held on their behalf.
What type of security in RingCentral (RNG) does LSV Asset Management hold?
LSV Asset Management’s reported holdings are in RingCentral’s Class A Common Stock, identified in the filing as the relevant class of securities for its 5.37% beneficial ownership.