Lordstown Motors Corp. Class A Common Stock
RIDE
RIDE was delisted on the 6th of July, 2023.
144 hedge funds and large institutions have $98.3M invested in Lordstown Motors Corp. Class A Common Stock in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 52 increasing their positions, 38 reducing their positions, and 24 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 38
7% more call options, than puts
Call options by funds: $4.42M | Put options by funds: $4.14M
9% less funds holding
Funds holding: 158 → 144 (-14)
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
49% less capital invested
Capital invested by funds: $193M → $98.3M (-$94.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.54M |
| 2 |
D.E. Shaw & Co
New York
|
+$6.56M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$5.19M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.45M |
| 5 |
Morgan Stanley
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Burleson & Co
Petaluma,
California
|
-$9.75M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.41M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.65M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$581K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$575K |
RIDE Hedge Fund Activity: Q2 2022 in Review
144 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Lordstown Motors Corp. Class A Common Stock (RIDE) for Q2 2022, worth a combined $98.3M — down 49% from $193M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of RIDE and 13 opened new positions — a net loss of 11 holders — while 38 trimmed existing stakes and 52 added.
The largest buyer was Millennium Management, adding an estimated $8.54M. The largest seller was Burleson & Co, cutting an estimated $9.75M.
- 144 institutional investors held Lordstown Motors Corp. Class A Common Stock (RIDE) as of Q2 2022, down from 158 in Q1 2022.
- Funds reported $98.3M of Lordstown Motors Corp. Class A Common Stock stock for Q2 2022, down 49% quarter-over-quarter.
- 13 funds opened new Lordstown Motors Corp. Class A Common Stock positions in Q2 2022 and 24 closed out, a net change of -11 holders.
- The largest Lordstown Motors Corp. Class A Common Stock buyer in Q2 2022 was Millennium Management, an estimated $8.54M added.
- The largest Lordstown Motors Corp. Class A Common Stock seller in Q2 2022 was Burleson & Co, an estimated $9.75M sold.
Based on aggregated 13F filings for Q2 2022.