RideNow Group
RDNW
26 hedge funds and large institutions have $19.4M invested in RideNow Group in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 6 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
8% more funds holding
Funds holding: 24 → 26 (+2)
5% more capital invested
Capital invested by funds: $18.4M → $19.4M (+$954K)
0.01% less ownership
Funds ownership: 0.99% → 0.98% (-0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$1.91M |
| 2 |
PM
Precept Management
Dallas,
Texas
|
+$1.3M |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$563K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$404K |
| 5 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
-$1.41M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
-$574K |
| 3 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$486K |
| 4 |
JP Morgan Chase
New York
|
-$246K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$37.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| $1K | +$1.24K | +11 | New |
|
|
6CM
27
683 Capital Management
New York
| – | -$1.41M | -15,000 | Closed |
|
|
FA
28
Friess Associates
Greenville,
Delaware
| – | -$574K | -5,332 | Closed |
|
|
PCR
29
Potrero Capital Research
San Francisco,
California
| – | -$486K | -4,750 | Closed |
|
|
30
JP Morgan Chase
New York
| – | -$246K | -2,286 | Closed |
|
31
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$8K | -70 | Closed |
|
|
LPC
32
Loeb Partners Corp
New York
| – | -$5K | -50 | Closed |
|
RDNW Hedge Fund Activity: Q1 2019 in Review
26 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q1 2019, worth a combined $19.4M — up 5.2% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RDNW positions and 6 closed out — a net gain of 3 holders — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Ardsley Advisory Partners, opening a new position worth an estimated $1.91M. The largest seller was 683 Capital Management, exiting entirely with an estimated $1.41M sold.
- 26 institutional investors held RideNow Group (RDNW) as of Q1 2019, up from 24 in Q4 2018.
- Funds reported $19.4M of RideNow Group stock for Q1 2019, up 5.2% quarter-over-quarter.
- 9 funds opened new RideNow Group positions in Q1 2019 and 6 closed out, a net change of +3 holders.
- The largest RideNow Group buyer in Q1 2019 was Ardsley Advisory Partners, an estimated $1.91M added.
- The largest RideNow Group seller in Q1 2019 was 683 Capital Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q1 2019.