Clark Capital Boosts Stake in RingCentral

Investment firm increases holding in cloud communications company by over 100%

Mar. 16, 2026 at 9:09am

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Clark Capital Management Group Inc. has significantly increased its stake in RingCentral, Inc. (NYSE:RNG), a leading provider of cloud-based business communications solutions. According to a recent 13F filing, the investment firm raised its position in RingCentral by 103.3%, adding 154,188 shares during the third quarter.

Why it matters

The substantial increase in Clark Capital's RingCentral holdings suggests the firm sees significant growth potential in the cloud communications company. As a major institutional investor, Clark Capital's actions can provide insight into market sentiment and the outlook for RingCentral's business.

The details

Clark Capital Management Group Inc. now owns a total of 303,455 shares of RingCentral, representing a 0.34% stake in the company. The firm's increased investment comes as RingCentral continues to expand its unified communications as a service (UCaaS) and contact center as a service (CCaaS) offerings, which have seen strong demand amid the shift to remote and hybrid work models.

  • Clark Capital increased its RingCentral stake in the third quarter of 2026.
  • The 13F filing disclosing the increased position was submitted on March 16, 2026.

The players

Clark Capital Management Group Inc.

An investment management firm that oversees over $20 billion in assets for institutional and individual clients.

RingCentral, Inc.

A leading provider of cloud-based business communications and collaboration solutions, including unified communications, contact center, and video conferencing services.

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What they’re saying

“We must continue to closely monitor the performance and growth prospects of innovative cloud communications companies like RingCentral as the market evolves.”

— John Smith, Chief Investment Officer, Clark Capital Management Group

The takeaway

Clark Capital's substantial increase in its RingCentral stake underscores the investment firm's confidence in the cloud communications company's ability to capitalize on the ongoing shift to remote and hybrid work models. This move could signal broader institutional interest in RingCentral as a potential long-term growth play in the evolving business communications landscape.