RideNow Group
RDNW
57 hedge funds and large institutions have $66.6M invested in RideNow Group in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 16 closing their positions.
425% more call options, than puts
Call options by funds: $352K | Put options by funds: $67K
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0.04% more ownership
Funds ownership: 46.06% → 46.1% (+0.04%)
0% more funds holding
Funds holding: 57 → 57 (0)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less capital invested
Capital invested by funds: $104M → $66.6M (-$37.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.71M |
| 2 |
USPCM
Union Square Park Capital Management
New York
|
+$1.38M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.17M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.16M |
| 5 |
State Street
Boston,
Massachusetts
|
+$728K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.78M |
| 2 |
Millennium Management
New York
|
-$1.83M |
| 3 |
Jane Street
New York
|
-$914K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$629K |
| 5 |
Citigroup
New York
|
-$602K |
RDNW Hedge Fund Activity: Q2 2024 in Review
57 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q2 2024, worth a combined $66.6M — down 36% from $104M a quarter earlier.
Fund positioning in RDNW was balanced in Q2 2024: 16 funds opened new positions, 16 closed out, 17 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock, adding an estimated $3.71M. The largest seller was Fidelity Investments, cutting an estimated $2.78M.
- 57 institutional investors held RideNow Group (RDNW) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $66.6M of RideNow Group stock for Q2 2024, down 36% quarter-over-quarter.
- 16 funds opened new RideNow Group positions in Q2 2024 and 16 closed out, a net change of 0 holders.
- The largest RideNow Group buyer in Q2 2024 was BlackRock, an estimated $3.71M added.
- The largest RideNow Group seller in Q2 2024 was Fidelity Investments, an estimated $2.78M sold.
Based on aggregated 13F filings for Q2 2024.