Lordstown Motors Corp. Class A Common Stock
RIDE
RIDE was delisted on the 6th of July, 2023.
27 hedge funds and large institutions have $127M invested in Lordstown Motors Corp. Class A Common Stock in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
35% more funds holding
Funds holding: 20 → 27 (+7)
18% more capital invested
Capital invested by funds: $108M → $127M (+$19.5M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$26.1M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.59M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.47M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$982K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$971K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$10.6M |
| 2 |
LA
Linden Advisors
New York
|
-$4.66M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.92M |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$2.92M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$984K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$1.03K | +7 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $1K | +$1.03K | +7 | New |
|
|
HIM
28
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$2.92M | -20,000 | Closed |
|
|
MIM
29
Monashee Investment Management
Boston,
Massachusetts
| – | -$2.92M | -20,000 | Closed |
|
RIDE Hedge Fund Activity: Q3 2019 in Review
27 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Lordstown Motors Corp. Class A Common Stock (RIDE) for Q3 2019, worth a combined $127M — up 18% from $108M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RIDE positions and 2 closed out — a net gain of 7 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $26.1M. The largest seller was Weiss Asset Management, cutting an estimated $10.6M.
- 27 institutional investors held Lordstown Motors Corp. Class A Common Stock (RIDE) as of Q3 2019, up from 20 in Q2 2019.
- Funds reported $127M of Lordstown Motors Corp. Class A Common Stock stock for Q3 2019, up 18% quarter-over-quarter.
- 9 funds opened new Lordstown Motors Corp. Class A Common Stock positions in Q3 2019 and 2 closed out, a net change of +7 holders.
- The largest Lordstown Motors Corp. Class A Common Stock buyer in Q3 2019 was HSBC Holdings, an estimated $26.1M added.
- The largest Lordstown Motors Corp. Class A Common Stock seller in Q3 2019 was Weiss Asset Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2019.