RideNow Group
RDNW
53 hedge funds and large institutions have $130M invested in RideNow Group in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 7 closing their positions.
470% more call options, than puts
Call options by funds: $1.65M | Put options by funds: $289K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
164% more capital invested
Capital invested by funds: $49.3M → $130M (+$80.8M)
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
18% more funds holding
Funds holding: 45 → 53 (+8)
2.44% less ownership
Funds ownership: 47.99% → 45.56% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Stone House Capital Management
Bay Harbor Islands,
Florida
|
+$26.6M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$18M |
| 3 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$2.45M |
| 4 |
USPCM
Union Square Park Capital Management
New York
|
+$1.88M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$671K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$1.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$904K |
| 3 |
NC
Nokomis Capital
Dallas,
Texas
|
-$327K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$258K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$145K |
RDNW Hedge Fund Activity: Q4 2023 in Review
53 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q4 2023, worth a combined $130M — up 164% from $49.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RDNW positions and 7 closed out — a net gain of 9 holders — while 19 added to existing stakes and 10 trimmed.
The largest buyer was Stone House Capital Management, adding an estimated $26.6M. The largest seller was Citigroup, cutting an estimated $1.1M.
- 53 institutional investors held RideNow Group (RDNW) as of Q4 2023, up from 45 in Q3 2023.
- Funds reported $130M of RideNow Group stock for Q4 2023, up 164% quarter-over-quarter.
- 16 funds opened new RideNow Group positions in Q4 2023 and 7 closed out, a net change of +9 holders.
- The largest RideNow Group buyer in Q4 2023 was Stone House Capital Management, an estimated $26.6M added.
- The largest RideNow Group seller in Q4 2023 was Citigroup, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2023.