RideNow Group
RDNW
58 hedge funds and large institutions have $239M invested in RideNow Group in 2022 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 10 reducing their positions, and 13 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 10
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
5% more funds holding
Funds holding: 55 → 58 (+3)
4.24% more ownership
Funds ownership: 42.76% → 47% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
9% less capital invested
Capital invested by funds: $262M → $239M (-$23.1M)
18% less call options, than puts
Call options by funds: $5.14M | Put options by funds: $6.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.1M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$6.57M |
| 3 |
Millennium Management
New York
|
+$4.29M |
| 4 |
CPA
Cowen Prime Advisors
New York
|
+$4.17M |
| 5 |
SC
Samjo Capital
New York
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$16.8M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$9.55M |
| 3 |
2C
272 Capital
Dallas,
Texas
|
-$4.82M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$3.98M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$2.67M |
RDNW Hedge Fund Activity: Q1 2022 in Review
58 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q1 2022, worth a combined $239M — down 8.8% from $262M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RDNW positions and 13 closed out — a net gain of 3 holders — while 30 added to existing stakes and 10 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $22.1M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $16.8M sold.
- 58 institutional investors held RideNow Group (RDNW) as of Q1 2022, up from 55 in Q4 2021.
- Funds reported $239M of RideNow Group stock for Q1 2022, down 8.8% quarter-over-quarter.
- 16 funds opened new RideNow Group positions in Q1 2022 and 13 closed out, a net change of +3 holders.
- The largest RideNow Group buyer in Q1 2022 was Fidelity Investments, an estimated $22.1M added.
- The largest RideNow Group seller in Q1 2022 was Cooper Creek Partners Management, an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2022.