RideNow Group
RDNW
5 hedge funds and large institutions have $2.81M invested in RideNow Group in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
0.1% less ownership
Funds ownership: 0.38% → 0.28% (-0.1%)
29% less funds holding
Funds holding: 7 → 5 (-2)
41% less capital invested
Capital invested by funds: $4.74M → $2.81M (-$1.93M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UC
Unterberg Capital
New York
|
+$1.25M |
| 2 |
TSS
Two Sigma Securities
New York
|
+$48.1K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$44.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$2.2M |
| 2 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$324K |
| 3 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
-$120K |
| 4 |
Millennium Management
New York
|
-$60K |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$25.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UC
1
Unterberg Capital
New York
| $1.96M | +$1.25M | +13,675 | +137% |
|
|
PP
2
Prudential plc
London, England,
United Kingdom
| $509K | -$25.8K | -283 | -4% |
|
|
3
Vanguard Group
Malvern,
Pennsylvania
| $154K | +$44.1K | +484 | +35% |
|
|
PCM
4
Perkins Capital Management
Wayzata,
Minnesota
| $140K | -$120K | -1,312 | -44% |
|
|
TSS
5
Two Sigma Securities
New York
| $44K | +$48.1K | +528 | New |
|
|
PWAM
6
Park West Asset Management
San Francisco,
California
| – | -$2.2M | -21,175 | Closed |
|
|
PGC
7
Pacific Grove Capital
San Francisco,
California
| – | -$324K | -3,122 | Closed |
|
|
8
Millennium Management
New York
| – | -$60K | -575 | Closed |
|
RDNW Hedge Fund Activity: Q1 2018 in Review
5 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q1 2018, worth a combined $2.81M — down 41% from $4.74M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RDNW and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Unterberg Capital, adding an estimated $1.25M. The largest seller was Park West Asset Management, exiting entirely with an estimated $2.2M sold.
- 5 institutional investors held RideNow Group (RDNW) as of Q1 2018, down from 7 in Q4 2017.
- Funds reported $2.81M of RideNow Group stock for Q1 2018, down 41% quarter-over-quarter.
- 1 fund opened new RideNow Group positions in Q1 2018 and 3 closed out, a net change of -2 holders.
- The largest RideNow Group buyer in Q1 2018 was Unterberg Capital, an estimated $1.25M added.
- The largest RideNow Group seller in Q1 2018 was Park West Asset Management, an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2018.