RideNow Group
RDNW
27 hedge funds and large institutions have $56.6M invested in RideNow Group in 2021 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 6 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
176% more capital invested
Capital invested by funds: $20.5M → $56.6M (+$36M)
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
35% more funds holding
Funds holding: 20 → 27 (+7)
21.37% more ownership
Funds ownership: 20.75% → 42.12% (+21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$9.95M |
| 2 |
OAM
Ophir Asset Management
Sydney,
Australia
|
+$9.45M |
| 3 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$8.33M |
| 4 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$3.78M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.94M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$920K |
| 3 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$370K |
| 4 |
VF
Virtu Financial
New York
|
-$314K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$280K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $2K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $1K | +$308 | +8 | +67% |
|
|
28
Fidelity Investments
Boston,
Massachusetts
| – | -$2.94M | -67,142 | Closed |
|
|
EI
29
EAM Investors
Solana Beach,
California
| – | -$920K | -20,992 | Closed |
|
|
GIA
30
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
| – | -$370K | -8,440 | Closed |
|
|
VF
31
Virtu Financial
New York
| – | -$314K | -7,169 | Closed |
|
|
QC
32
Quadrature Capital
London,
United Kingdom
| – | -$280K | -6,479 | Closed |
|
|
PCR
33
Potrero Capital Research
San Francisco,
California
| – | -$208K | -4,751 | Closed |
|
RDNW Hedge Fund Activity: Q2 2021 in Review
27 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q2 2021, worth a combined $56.6M — up 176% from $20.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RDNW positions and 6 closed out — a net gain of 7 holders — while 9 added to existing stakes and 2 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $9.95M. The largest seller was Fidelity Investments, exiting entirely with an estimated $2.94M sold.
- 27 institutional investors held RideNow Group (RDNW) as of Q2 2021, up from 20 in Q1 2021.
- Funds reported $56.6M of RideNow Group stock for Q2 2021, up 176% quarter-over-quarter.
- 13 funds opened new RideNow Group positions in Q2 2021 and 6 closed out, a net change of +7 holders.
- The largest RideNow Group buyer in Q2 2021 was Driehaus Capital Management, an estimated $9.95M added.
- The largest RideNow Group seller in Q2 2021 was Fidelity Investments, an estimated $2.94M sold.
Based on aggregated 13F filings for Q2 2021.