RideNow Group
RDNW
20 hedge funds and large institutions have $20.5M invested in RideNow Group in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 4 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
77% more capital invested
Capital invested by funds: $11.6M → $20.5M (+$8.9M)
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
18% more funds holding
Funds holding: 17 → 20 (+3)
3.31% more ownership
Funds ownership: 17.44% → 20.75% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.69M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$840K |
| 3 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$656K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$504K |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$338K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$1.23M |
| 2 |
Two Sigma Investments
New York
|
-$503K |
| 3 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
-$198K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$106K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$67K |
RDNW Hedge Fund Activity: Q1 2021 in Review
20 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q1 2021, worth a combined $20.5M — up 77% from $11.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RDNW positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $2.69M. The largest seller was Granahan Investment Management, exiting entirely with an estimated $1.23M sold.
- 20 institutional investors held RideNow Group (RDNW) as of Q1 2021, up from 17 in Q4 2020.
- Funds reported $20.5M of RideNow Group stock for Q1 2021, up 77% quarter-over-quarter.
- 7 funds opened new RideNow Group positions in Q1 2021 and 4 closed out, a net change of +3 holders.
- The largest RideNow Group buyer in Q1 2021 was Fidelity Investments, an estimated $2.69M added.
- The largest RideNow Group seller in Q1 2021 was Granahan Investment Management, an estimated $1.23M sold.
Based on aggregated 13F filings for Q1 2021.