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RDNW

RideNow Group

54 hedge funds and large institutions have $46.6M invested in RideNow Group in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

5,913% more call options, than puts

Call options by funds: $962K | Put options by funds: $16K

120% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 10

1.38% more ownership

Funds ownership: 43.21%44.59% (+1.4%)

23% less funds holding

Funds holding: 7054 (-16)

56% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 27

60% less capital invested

Capital invested by funds: $117M → $46.6M (-$69.9M)

Holders
54
Holders Change
-16
Holders Change %
-22.86%
% of All Funds
0.87%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
22
Reduced
10
Closed
27
Calls
$962K
Puts
$16K
Net Calls
+$946K
Net Calls Change
-$1.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$11.6M +$1.42M +131,133 +8%
NCM
2
Nantahala Capital Management
Connecticut
$9.64M +$13.5M +1,252,416 +529%
SAM
3
Silverback Asset Management
North Carolina
$4.88M +$1.77M +164,007 +28%
BlackRock
4
BlackRock
New York
$3.82M +$258K +23,896 +4%
Vanguard Group
5
Vanguard Group
Pennsylvania
$3.81M +$1.8M +166,206 +39%
AQR Capital Management
6
AQR Capital Management
Connecticut
$2.16M +$3.14M +290,344 +675%
FP
7
Foundry Partners
Minnesota
$1.31M +$1.3M +120,550 +147%
Adage Capital Partners
8
Adage Capital Partners
Massachusetts
$1.29M
Geode Capital Management
9
Geode Capital Management
Massachusetts
$1.28M +$83.6K +7,725 +4%
State Street
10
State Street
Massachusetts
$964K +$47.7K +4,407 +3%
Goldman Sachs
11
Goldman Sachs
New York
$831K -$271K -25,032 -16%
Northern Trust
12
Northern Trust
Illinois
$528K -$26.6K -2,459 -3%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$498K +$397K +36,696 +91%
Bank of America
14
Bank of America
North Carolina
$459K +$585K +54,072 +320%
BMCM
15
Black Maple Capital Management
Wisconsin
$432K +$723K +66,823 New
BRF
16
B. Riley Financial
California
$405K +$676K +62,521 New
BCM
17
Bridgeway Capital Management
Texas
$298K
JCP
18
JB Capital Partners
New York
$291K
NC
19
Nokomis Capital
Texas
$181K
Charles Schwab
20
Charles Schwab
California
$178K +$15.4K +1,426 +5%
APP
21
Alpha Paradigm Partners
Illinois
$146K +$243K +22,508 New
Acadian Asset Management
22
Acadian Asset Management
Massachusetts
$142K +$239K +22,084 New
CGIC
23
Continental General Insurance Company
Texas
$131K +$186K +17,183 New
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$123K +$205K +18,965 New
BRWA
25
B. Riley Wealth Advisors
Florida
$121K -$119K -11,012 -37%

RDNW Hedge Fund Activity: Q4 2022 in Review

54 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q4 2022, worth a combined $46.6M — down 60% from $117M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of RDNW and 12 opened new positions — a net loss of 15 holders — while 10 trimmed existing stakes and 22 added.

The largest buyer was Nantahala Capital Management, adding an estimated $13.5M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $11.9M sold.

  • 54 institutional investors held RideNow Group (RDNW) as of Q4 2022, down from 70 in Q3 2022.
  • Funds reported $46.6M of RideNow Group stock for Q4 2022, down 60% quarter-over-quarter.
  • 12 funds opened new RideNow Group positions in Q4 2022 and 27 closed out, a net change of -15 holders.
  • The largest RideNow Group buyer in Q4 2022 was Nantahala Capital Management, an estimated $13.5M added.
  • The largest RideNow Group seller in Q4 2022 was Hood River Capital Management, an estimated $11.9M sold.

Based on aggregated 13F filings for Q4 2022.