RideNow Group
RDNW
58 hedge funds and large institutions have $78.4M invested in RideNow Group in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 9 closing their positions.
396% more call options, than puts
Call options by funds: $9.62M | Put options by funds: $1.94M
100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 12
18% more capital invested
Capital invested by funds: $66.6M → $78.4M (+$11.8M)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 57 → 58 (+1)
0.26% more ownership
Funds ownership: 46.1% → 46.36% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$7.01M |
| 2 |
USPCM
Union Square Park Capital Management
New York
|
+$1.31M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$386K |
| 4 |
Morgan Stanley
New York
|
+$265K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$5.58M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.01M |
| 3 |
Man Group
London,
United Kingdom
|
-$323K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$207K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$92.6K |
RDNW Hedge Fund Activity: Q3 2024 in Review
58 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in RideNow Group (RDNW) for Q3 2024, worth a combined $78.4M — up 18% from $66.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new RDNW positions and 9 closed out — a net gain of 1 holder — while 24 added to existing stakes and 12 trimmed.
The largest buyer was Citigroup, adding an estimated $7.01M. The largest seller was Nantahala Capital Management, cutting an estimated $5.58M.
- 58 institutional investors held RideNow Group (RDNW) as of Q3 2024, up from 57 in Q2 2024.
- Funds reported $78.4M of RideNow Group stock for Q3 2024, up 18% quarter-over-quarter.
- 10 funds opened new RideNow Group positions in Q3 2024 and 9 closed out, a net change of +1 holder.
- The largest RideNow Group buyer in Q3 2024 was Citigroup, an estimated $7.01M added.
- The largest RideNow Group seller in Q3 2024 was Nantahala Capital Management, an estimated $5.58M sold.
Based on aggregated 13F filings for Q3 2024.