RideNow Group
RDNW
74 hedge funds and large institutions have $98.5M invested in RideNow Group in 2022 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 17 closing their positions.
100% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 17
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
28% more funds holding
Funds holding: 58 → 74 (+16)
7.06% less ownership
Funds ownership: 47% → 39.95% (-7.1%)
59% less capital invested
Capital invested by funds: $239M → $98.5M (-$140M)
60% less call options, than puts
Call options by funds: $960K | Put options by funds: $2.42M
100% less funds holding in top 10
Funds holding in top 10: 6 → 0 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.18M |
| 2 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$5.29M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$4.11M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$3.91M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$33.8M |
| 2 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$24.8M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$11.1M |
| 4 |
CPA
Cowen Prime Advisors
New York
|
-$5.51M |
| 5 |
SC
Samjo Capital
New York
|
-$3.83M |
RDNW Hedge Fund Activity: Q2 2022 in Review
74 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q2 2022, worth a combined $98.5M — down 59% from $239M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new RDNW positions and 17 closed out — a net gain of 17 holders — while 21 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock, adding an estimated $9.18M. The largest seller was Ophir Asset Management, exiting entirely with an estimated $33.8M sold.
- 74 institutional investors held RideNow Group (RDNW) as of Q2 2022, up from 58 in Q1 2022.
- Funds reported $98.5M of RideNow Group stock for Q2 2022, down 59% quarter-over-quarter.
- 34 funds opened new RideNow Group positions in Q2 2022 and 17 closed out, a net change of +17 holders.
- The largest RideNow Group buyer in Q2 2022 was BlackRock, an estimated $9.18M added.
- The largest RideNow Group seller in Q2 2022 was Ophir Asset Management, an estimated $33.8M sold.
Based on aggregated 13F filings for Q2 2022.