Roadzen
RDZN
53 hedge funds and large institutions have $204M invested in Roadzen in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
2% more capital invested
Capital invested by funds: $199M → $204M (+$4.58M)
0.44% more ownership
Funds ownership: 95.13% → 95.57% (+0.44%)
4% less funds holding
Funds holding: 55 → 53 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.28M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.83M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
+$2.71M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$2.63M |
| 5 |
JP Morgan Chase
New York
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$5.89M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.66M |
| 3 |
CIM
Cowen Investment Management
New York
|
-$2.61M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.3M |
| 5 |
SC
Sculptor Capital
New York
|
-$1.16M |
RDZN Hedge Fund Activity: Q2 2023 in Review
53 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Roadzen (RDZN) for Q2 2023, worth a combined $204M — up 2.3% from $199M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RDZN and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 9 added.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $4.28M. The largest seller was Saba Capital Management, cutting an estimated $5.89M.
- 53 institutional investors held Roadzen (RDZN) as of Q2 2023, down from 55 in Q1 2023.
- Funds reported $204M of Roadzen stock for Q2 2023, up 2.3% quarter-over-quarter.
- 4 funds opened new Roadzen positions in Q2 2023 and 5 closed out, a net change of -1 holder.
- The largest Roadzen buyer in Q2 2023 was Westchester Capital Management (New York), an estimated $4.28M added.
- The largest Roadzen seller in Q2 2023 was Saba Capital Management, an estimated $5.89M sold.
Based on aggregated 13F filings for Q2 2023.