RideNow Group
RDNW
34 hedge funds and large institutions have $29.4M invested in RideNow Group in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
52% more capital invested
Capital invested by funds: $19.4M → $29.4M (+$10M)
31% more funds holding
Funds holding: 26 → 34 (+8)
0.52% more ownership
Funds ownership: 0.98% → 1.49% (+0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$9.66M |
| 2 |
Goldman Sachs
New York
|
+$1.03M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$463K |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$459K |
| 5 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$447K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Precept Management
Dallas,
Texas
|
-$1.14M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$199K |
| 3 |
SIM
Spark Investment Management
New York
|
-$175K |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$148K |
| 5 |
Morgan Stanley
New York
|
-$40.2K |
RDNW Hedge Fund Activity: Q2 2019 in Review
34 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q2 2019, worth a combined $29.4M — up 52% from $19.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RDNW positions and 3 closed out — a net gain of 8 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Granahan Investment Management, opening a new position worth an estimated $9.66M. The largest seller was Precept Management, exiting entirely with an estimated $1.14M sold.
- 34 institutional investors held RideNow Group (RDNW) as of Q2 2019, up from 26 in Q1 2019.
- Funds reported $29.4M of RideNow Group stock for Q2 2019, up 52% quarter-over-quarter.
- 11 funds opened new RideNow Group positions in Q2 2019 and 3 closed out, a net change of +8 holders.
- The largest RideNow Group buyer in Q2 2019 was Granahan Investment Management, an estimated $9.66M added.
- The largest RideNow Group seller in Q2 2019 was Precept Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q2 2019.