RideNow Group
RDNW
17 hedge funds and large institutions have $11.6M invested in RideNow Group in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
6% more funds holding
Funds holding: 16 → 17 (+1)
4% less capital invested
Capital invested by funds: $12.1M → $11.6M (-$496K)
3.33% less ownership
Funds ownership: 20.76% → 17.44% (-3.3%)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$979K |
| 2 |
Two Sigma Investments
New York
|
+$577K |
| 3 |
Bank of New York Mellon
New York
|
+$428K |
| 4 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$397K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$77K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.04M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$848K |
| 3 |
Millennium Management
New York
|
-$596K |
| 4 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
-$399K |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$261K |
RDNW Hedge Fund Activity: Q4 2020 in Review
17 of the 5,677 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q4 2020, worth a combined $11.6M — down 4.1% from $12.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RDNW positions and 5 closed out — a net gain of 1 holder — while 2 added to existing stakes and 7 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $979K. The largest seller was Vanguard Group, cutting an estimated $2.04M.
- 17 institutional investors held RideNow Group (RDNW) as of Q4 2020, up from 16 in Q3 2020.
- Funds reported $11.6M of RideNow Group stock for Q4 2020, down 4.1% quarter-over-quarter.
- 6 funds opened new RideNow Group positions in Q4 2020 and 5 closed out, a net change of +1 holder.
- The largest RideNow Group buyer in Q4 2020 was Bank of Montreal, an estimated $979K added.
- The largest RideNow Group seller in Q4 2020 was Vanguard Group, an estimated $2.04M sold.
Based on aggregated 13F filings for Q4 2020.