RideNow Group
RDNW
28 hedge funds and large institutions have $1.46M invested in RideNow Group in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
12% more funds holding
Funds holding: 25 → 28 (+3)
0.88% less ownership
Funds ownership: 1.69% → 0.81% (-0.88%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
76% less capital invested
Capital invested by funds: $6.21M → $1.46M (-$4.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$140K |
| 2 |
DIM
Delta Investment Management
San Francisco,
California
|
+$35K |
| 3 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$35K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$23.8K |
| 5 |
Millennium Management
New York
|
+$11.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$293K |
| 2 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$115K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$81K |
| 4 |
Goldman Sachs
New York
|
-$46.7K |
| 5 |
TA
Teton Advisors
Rye,
New York
|
-$30K |
RDNW Hedge Fund Activity: Q1 2020 in Review
28 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q1 2020, worth a combined $1.46M — down 76% from $6.21M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RDNW positions and 4 closed out — a net gain of 3 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Trellus Management Company, adding an estimated $140K. The largest seller was Granahan Investment Management, cutting an estimated $293K.
- 28 institutional investors held RideNow Group (RDNW) as of Q1 2020, up from 25 in Q4 2019.
- Funds reported $1.46M of RideNow Group stock for Q1 2020, down 76% quarter-over-quarter.
- 7 funds opened new RideNow Group positions in Q1 2020 and 4 closed out, a net change of +3 holders.
- The largest RideNow Group buyer in Q1 2020 was Trellus Management Company, an estimated $140K added.
- The largest RideNow Group seller in Q1 2020 was Granahan Investment Management, an estimated $293K sold.
Based on aggregated 13F filings for Q1 2020.