RideNow Group
RDNW
51 hedge funds and large institutions have $214M invested in RideNow Group in 2021 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 18 increasing their positions, 4 reducing their positions, and 2 closing their positions.
1,200% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 2
350% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 4
278% more capital invested
Capital invested by funds: $56.6M → $214M (+$157M)
89% more funds holding
Funds holding: 27 → 51 (+24)
29.45% more ownership
Funds ownership: 42.12% → 71.57% (+29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$24.2M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$18.5M |
| 3 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$16M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
+$14.5M |
| 5 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.42M |
| 2 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$120K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$87.5K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$33.2K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$30K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IF
51
Ironwood Financial
Tucson,
Arizona
| $4K | – | – | – |
|
|
52
Renaissance Technologies
New York
| – | -$1.42M | -35,000 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$30K | -731 | Closed |
|
RDNW Hedge Fund Activity: Q3 2021 in Review
51 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q3 2021, worth a combined $214M — up 278% from $56.6M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new RDNW positions and 2 closed out — a net gain of 24 holders — while 18 added to existing stakes and 4 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $24.2M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $1.42M sold.
- 51 institutional investors held RideNow Group (RDNW) as of Q3 2021, up from 27 in Q2 2021.
- Funds reported $214M of RideNow Group stock for Q3 2021, up 278% quarter-over-quarter.
- 26 funds opened new RideNow Group positions in Q3 2021 and 2 closed out, a net change of +24 holders.
- The largest RideNow Group buyer in Q3 2021 was Hood River Capital Management, an estimated $24.2M added.
- The largest RideNow Group seller in Q3 2021 was Renaissance Technologies, an estimated $1.42M sold.
Based on aggregated 13F filings for Q3 2021.