Lordstown Motors Corp. Class A Common Stock
RIDE
RIDE was delisted on the 6th of July, 2023.
47 hedge funds and large institutions have $201M invested in Lordstown Motors Corp. Class A Common Stock in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
27% more funds holding
Funds holding: 37 → 47 (+10)
8% more capital invested
Capital invested by funds: $187M → $201M (+$14.1M)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$12.5M |
| 2 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
+$12M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$11.3M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
+$5.51M |
| 5 |
KC
Kepos Capital
New York
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$12.2M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.63M |
| 3 |
Millennium Management
New York
|
-$5.61M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4.56M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$150 | +1 | New |
|
RIDE Hedge Fund Activity: Q2 2020 in Review
47 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Lordstown Motors Corp. Class A Common Stock (RIDE) for Q2 2020, worth a combined $201M — up 7.5% from $187M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RIDE positions and 4 closed out — a net gain of 10 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $12.5M. The largest seller was Linden Advisors, exiting entirely with an estimated $12.2M sold.
- 47 institutional investors held Lordstown Motors Corp. Class A Common Stock (RIDE) as of Q2 2020, up from 37 in Q1 2020.
- Funds reported $201M of Lordstown Motors Corp. Class A Common Stock stock for Q2 2020, up 7.5% quarter-over-quarter.
- 14 funds opened new Lordstown Motors Corp. Class A Common Stock positions in Q2 2020 and 4 closed out, a net change of +10 holders.
- The largest Lordstown Motors Corp. Class A Common Stock buyer in Q2 2020 was HSBC Holdings, an estimated $12.5M added.
- The largest Lordstown Motors Corp. Class A Common Stock seller in Q2 2020 was Linden Advisors, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2020.