RideNow Group
RDNW
52 hedge funds and large institutions have $104M invested in RideNow Group in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 23 reducing their positions, and 16 closing their positions.
1,367% more call options, than puts
Call options by funds: $7.32M | Put options by funds: $499K
97% more capital invested
Capital invested by funds: $53.1M → $104M (+$51.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.8% less ownership
Funds ownership: 53.75% → 50.95% (-2.8%)
7% less funds holding
Funds holding: 56 → 52 (-4)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
65% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Stone House Capital Management
Bay Harbor Islands,
Florida
|
+$5.83M |
| 2 |
Citigroup
New York
|
+$4.66M |
| 3 |
Millennium Management
New York
|
+$1.33M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$422K |
| 5 |
OQS
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
|
+$389K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.79M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$2.74M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.28M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.27M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$959K |
RDNW Hedge Fund Activity: Q2 2023 in Review
52 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q2 2023, worth a combined $104M — up 97% from $53.1M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RDNW and 12 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 8 added.
The largest buyer was Stone House Capital Management, adding an estimated $5.83M. The largest seller was BlackRock, cutting an estimated $4.79M.
- 52 institutional investors held RideNow Group (RDNW) as of Q2 2023, down from 56 in Q1 2023.
- Funds reported $104M of RideNow Group stock for Q2 2023, up 97% quarter-over-quarter.
- 12 funds opened new RideNow Group positions in Q2 2023 and 16 closed out, a net change of -4 holders.
- The largest RideNow Group buyer in Q2 2023 was Stone House Capital Management, an estimated $5.83M added.
- The largest RideNow Group seller in Q2 2023 was BlackRock, an estimated $4.79M sold.
Based on aggregated 13F filings for Q2 2023.