RideNow Group
RDNW
70 hedge funds and large institutions have $117M invested in RideNow Group in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 28 reducing their positions, and 12 closing their positions.
356% more call options, than puts
Call options by funds: $3.01M | Put options by funds: $660K
18% more capital invested
Capital invested by funds: $98.5M → $117M (+$18M)
3.27% more ownership
Funds ownership: 39.95% → 43.21% (+3.3%)
5% less funds holding
Funds holding: 74 → 70 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
29% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.24M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.01M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$928K |
| 5 |
Goldman Sachs
New York
|
+$874K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.54M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$2.29M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$2.02M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.62M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.26M |
RDNW Hedge Fund Activity: Q3 2022 in Review
70 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q3 2022, worth a combined $117M — up 18% from $98.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RDNW and 9 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 20 added.
The largest buyer was Fidelity Investments, adding an estimated $15.3M. The largest seller was Millennium Management, cutting an estimated $3.54M.
- 70 institutional investors held RideNow Group (RDNW) as of Q3 2022, down from 74 in Q2 2022.
- Funds reported $117M of RideNow Group stock for Q3 2022, up 18% quarter-over-quarter.
- 9 funds opened new RideNow Group positions in Q3 2022 and 12 closed out, a net change of -3 holders.
- The largest RideNow Group buyer in Q3 2022 was Fidelity Investments, an estimated $15.3M added.
- The largest RideNow Group seller in Q3 2022 was Millennium Management, an estimated $3.54M sold.
Based on aggregated 13F filings for Q3 2022.