Ridgetech Inc
RDGT
9 hedge funds and large institutions have $8.68M invested in Ridgetech Inc in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
80% more funds holding
Funds holding: 5 → 9 (+4)
0% more ownership
Funds ownership: 0% → 0% (+0%)
45% less capital invested
Capital invested by funds: $15.7M → $8.68M (-$7.01M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
+$2.6M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$153K |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
+$102K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$102K |
| 5 |
LCS
Levin Capital Strategies
New York
|
+$51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$389K |
| 2 |
JP Morgan Chase
New York
|
-$88K |
| 3 |
Renaissance Technologies
New York
|
-$51K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$42K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$40K |
RDGT Hedge Fund Activity: Q2 2019 in Review
9 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Ridgetech Inc (RDGT) for Q2 2019, worth a combined $8.68M — down 45% from $15.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RDGT positions and 2 closed out — a net gain of 4 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Sabby Management, opening a new position worth an estimated $2.6M. The largest seller was Deutsche Bank, exiting entirely with an estimated $389K sold.
- 9 institutional investors held Ridgetech Inc (RDGT) as of Q2 2019, up from 5 in Q1 2019.
- Funds reported $8.68M of Ridgetech Inc stock for Q2 2019, down 45% quarter-over-quarter.
- 6 funds opened new Ridgetech Inc positions in Q2 2019 and 2 closed out, a net change of +4 holders.
- The largest Ridgetech Inc buyer in Q2 2019 was Sabby Management, an estimated $2.6M added.
- The largest Ridgetech Inc seller in Q2 2019 was Deutsche Bank, an estimated $389K sold.
Based on aggregated 13F filings for Q2 2019.