RideNow Group
RDNW
25 hedge funds and large institutions have $6.21M invested in RideNow Group in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 8 closing their positions.
0.21% more ownership
Funds ownership: 1.48% → 1.69% (+0.21%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
22% less funds holding
Funds holding: 32 → 25 (-7)
66% less capital invested
Capital invested by funds: $18.2M → $6.21M (-$12M)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$3.52M |
| 2 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
+$2.69M |
| 3 |
Morgan Stanley
New York
|
+$47.6K |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$40.8K |
| 5 |
TA
Teton Advisors
Rye,
New York
|
+$20.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$4.72M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$1.25M |
| 3 |
Goldman Sachs
New York
|
-$277K |
| 4 |
LCG
Luxor Capital Group
New York
|
-$269K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$58K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAP
26
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$1.25M | -21,620 | Closed |
|
|
LCG
27
Luxor Capital Group
New York
| – | -$269K | -4,659 | Closed |
|
|
DIM
28
Delta Investment Management
San Francisco,
California
| – | -$57K | -1,003 | Closed |
|
|
29
Verition Fund Management
Greenwich,
Connecticut
| – | -$58K | -1,000 | Closed |
|
30
Victory Capital Management
San Antonio,
Texas
| – | -$4K | -67 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$681 | -18 | -82% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$1K | -13 | Closed |
|
RDNW Hedge Fund Activity: Q4 2019 in Review
25 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q4 2019, worth a combined $6.21M — down 66% from $18.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RDNW and 1 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Silverback Asset Management, adding an estimated $3.52M. The largest seller was Nantahala Capital Management, exiting entirely with an estimated $4.72M sold.
- 25 institutional investors held RideNow Group (RDNW) as of Q4 2019, down from 32 in Q3 2019.
- Funds reported $6.21M of RideNow Group stock for Q4 2019, down 66% quarter-over-quarter.
- 1 fund opened new RideNow Group positions in Q4 2019 and 8 closed out, a net change of -7 holders.
- The largest RideNow Group buyer in Q4 2019 was Silverback Asset Management, an estimated $3.52M added.
- The largest RideNow Group seller in Q4 2019 was Nantahala Capital Management, an estimated $4.72M sold.
Based on aggregated 13F filings for Q4 2019.