RideNow Group
RDNW
34 hedge funds and large institutions have $29.4M invested in RideNow Group in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
52% more capital invested
Capital invested by funds: $19.4M → $29.4M (+$10M)
31% more funds holding
Funds holding: 26 → 34 (+8)
0.52% more ownership
Funds ownership: 0.98% → 1.49% (+0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$9.66M |
| 2 |
Goldman Sachs
New York
|
+$1.03M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$463K |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$459K |
| 5 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$447K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Precept Management
Dallas,
Texas
|
-$1.14M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$199K |
| 3 |
SIM
Spark Investment Management
New York
|
-$175K |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$148K |
| 5 |
Morgan Stanley
New York
|
-$40.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
26
Spark Investment Management
New York
| $82K | -$175K | -1,862 | -67% |
|
|
CCM
27
Carlson Capital Management
Northfield,
Minnesota
| $82K | – | – | – |
|
28
Northern Trust
Chicago,
Illinois
| $81K | – | – | – |
|
29
Envestnet Asset Management
Chicago,
Illinois
| $74K | – | – | – |
|
30
Dimensional Fund Advisors
Austin,
Texas
| $50K | +$52.3K | +556 | New |
|
31
UBS Group
Zurich,
Switzerland
| $39K | +$13.7K | +146 | +50% |
|
32
Bank of America
Charlotte,
North Carolina
| $28K | -$6.78K | -72 | -19% |
|
|
FHA
33
Flagship Harbor Advisors
Boston,
Massachusetts
| $13K | – | – | – |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| $13K | +$6.12K | +65 | +82% |
|
|
PM
35
Precept Management
Dallas,
Texas
| – | -$1.14M | -11,520 | Closed |
|
|
CC
36
Cannell Capital
Alta,
Wyoming
| – | -$148K | -1,500 | Closed |
|
37
Barclays
London,
United Kingdom
| – | -$1K | -11 | Closed |
|
RDNW Hedge Fund Activity: Q2 2019 in Review
34 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q2 2019, worth a combined $29.4M — up 52% from $19.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RDNW positions and 3 closed out — a net gain of 8 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Granahan Investment Management, opening a new position worth an estimated $9.66M. The largest seller was Precept Management, exiting entirely with an estimated $1.14M sold.
- 34 institutional investors held RideNow Group (RDNW) as of Q2 2019, up from 26 in Q1 2019.
- Funds reported $29.4M of RideNow Group stock for Q2 2019, up 52% quarter-over-quarter.
- 11 funds opened new RideNow Group positions in Q2 2019 and 3 closed out, a net change of +8 holders.
- The largest RideNow Group buyer in Q2 2019 was Granahan Investment Management, an estimated $9.66M added.
- The largest RideNow Group seller in Q2 2019 was Precept Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q2 2019.