RideNow Group
RDNW
16 hedge funds and large institutions have $11.5M invested in RideNow Group in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
152% more capital invested
Capital invested by funds: $4.57M → $11.5M (+$6.95M)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
7% more funds holding
Funds holding: 15 → 16 (+1)
1.73% more ownership
Funds ownership: 19.03% → 20.76% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.81M |
| 2 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$1.83M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$347K |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$243K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPA
Cowen Prime Advisors
New York
|
-$1.65M |
| 2 |
Millennium Management
New York
|
-$1.04M |
| 3 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
-$867K |
| 4 |
Morgan Stanley
New York
|
-$77.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$18K |
RDNW Hedge Fund Activity: Q3 2020 in Review
16 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q3 2020, worth a combined $11.5M — up 152% from $4.57M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RDNW positions and 5 closed out — a net gain of 1 holder — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $2.81M. The largest seller was Cowen Prime Advisors, exiting entirely with an estimated $1.65M sold.
- 16 institutional investors held RideNow Group (RDNW) as of Q3 2020, up from 15 in Q2 2020.
- Funds reported $11.5M of RideNow Group stock for Q3 2020, up 152% quarter-over-quarter.
- 6 funds opened new RideNow Group positions in Q3 2020 and 5 closed out, a net change of +1 holder.
- The largest RideNow Group buyer in Q3 2020 was Vanguard Group, an estimated $2.81M added.
- The largest RideNow Group seller in Q3 2020 was Cowen Prime Advisors, an estimated $1.65M sold.
Based on aggregated 13F filings for Q3 2020.