Roadzen
RDZN
55 hedge funds and large institutions have $199M invested in Roadzen in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
12% more funds holding
Funds holding: 49 → 55 (+6)
6% more capital invested
Capital invested by funds: $188M → $199M (+$10.7M)
3.55% more ownership
Funds ownership: 91.57% → 95.13% (+3.6%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$20.6M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$7.39M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$4.1M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.79M |
| 5 |
CIM
Cowen Investment Management
New York
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$19.6M |
| 2 |
Millennium Management
New York
|
-$9.41M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.13M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$4.22M |
| 5 |
TCA
Taconic Capital Advisors
New York
|
-$3.11M |
RDZN Hedge Fund Activity: Q1 2023 in Review
55 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Roadzen (RDZN) for Q1 2023, worth a combined $199M — up 5.7% from $188M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RDZN positions and 3 closed out — a net gain of 6 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $20.6M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $19.6M sold.
- 55 institutional investors held Roadzen (RDZN) as of Q1 2023, up from 49 in Q4 2022.
- Funds reported $199M of Roadzen stock for Q1 2023, up 5.7% quarter-over-quarter.
- 9 funds opened new Roadzen positions in Q1 2023 and 3 closed out, a net change of +6 holders.
- The largest Roadzen buyer in Q1 2023 was Glazer Capital LLC, an estimated $20.6M added.
- The largest Roadzen seller in Q1 2023 was Highbridge Capital Management, an estimated $19.6M sold.
Based on aggregated 13F filings for Q1 2023.