RideNow Group
RDNW
32 hedge funds and large institutions have $18.2M invested in RideNow Group in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 5 closing their positions.
0.01% less ownership
Funds ownership: 1.49% → 1.48% (-0.01%)
6% less funds holding
Funds holding: 34 → 32 (-2)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
38% less capital invested
Capital invested by funds: $29.4M → $18.2M (-$11.2M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$952K |
| 2 |
Morgan Stanley
New York
|
+$131K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$95.7K |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$89.7K |
| 5 |
Goldman Sachs
New York
|
+$53.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$441K |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$437K |
| 3 |
Millennium Management
New York
|
-$182K |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$124K |
| 5 |
JP Morgan Chase
New York
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
26
Flagship Harbor Advisors
Boston,
Massachusetts
| $8K | – | – | – |
|
27
Victory Capital Management
San Antonio,
Texas
| $4K | +$5.08K | +67 | New |
|
28
UBS Group
Zurich,
Switzerland
| $3K | -$29.6K | -391 | -90% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | -$9.93K | -131 | -91% |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$1.67K | +22 | New |
|
|
SAM
31
Silverback Asset Management
Chapel Hill,
North Carolina
| $804 | +$952K | +12,556 | +927% |
|
|
32
Allianz Asset Management
Munich,
Germany
| – | -$441K | -4,925 | Closed |
|
|
USAA
33
United Services Automobile Association
San Antonio,
Texas
| – | -$437K | -4,880 | Closed |
|
|
34
Millennium Management
New York
| – | -$182K | -2,027 | Closed |
|
|
35
JP Morgan Chase
New York
| – | -$101K | -1,169 | Closed |
|
36
Dimensional Fund Advisors
Austin,
Texas
| – | -$50K | -556 | Closed |
|
37
Barclays
London,
United Kingdom
| – | +$227 | +3 | New |
|
RDNW Hedge Fund Activity: Q3 2019 in Review
32 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q3 2019, worth a combined $18.2M — down 38% from $29.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RDNW and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Silverback Asset Management, adding an estimated $952K. The largest seller was Allianz Asset Management, exiting entirely with an estimated $441K sold.
- 32 institutional investors held RideNow Group (RDNW) as of Q3 2019, down from 34 in Q2 2019.
- Funds reported $18.2M of RideNow Group stock for Q3 2019, down 38% quarter-over-quarter.
- 3 funds opened new RideNow Group positions in Q3 2019 and 5 closed out, a net change of -2 holders.
- The largest RideNow Group buyer in Q3 2019 was Silverback Asset Management, an estimated $952K added.
- The largest RideNow Group seller in Q3 2019 was Allianz Asset Management, an estimated $441K sold.
Based on aggregated 13F filings for Q3 2019.