Lordstown Motors Corp. Class A Common Stock
RIDE
RIDE was delisted on the 6th of July, 2023.
72 hedge funds and large institutions have $4.62M invested in Lordstown Motors Corp. Class A Common Stock in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 35 reducing their positions, and 78 closing their positions.
51% more call options, than puts
Call options by funds: $2.56M | Put options by funds: $1.7M
46% less funds holding
Funds holding: 133 → 72 (-61)
57% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 35
78% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 78
87% less capital invested
Capital invested by funds: $34.8M → $4.62M (-$30.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Crestline Management
Fort Worth,
Texas
|
+$3.15M |
| 2 |
PCM
Philosophy Capital Management
Alamo,
California
|
+$2.85M |
| 3 |
KCP
Keyframe Capital Partners
New York
|
+$1.31M |
| 4 |
CF
Cantor Fitzgerald
New York
|
+$391K |
| 5 |
DIM
DC Investments Management
Mclean,
Virginia
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$7.84M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.62M |
| 3 |
State Street
Boston,
Massachusetts
|
-$3.04M |
| 4 |
Renaissance Technologies
New York
|
-$1.84M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.14M |
RIDE Hedge Fund Activity: Q2 2023 in Review
72 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Lordstown Motors Corp. Class A Common Stock (RIDE) for Q2 2023, worth a combined $4.62M — down 87% from $34.8M a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of RIDE and 17 opened new positions — a net loss of 61 holders — while 35 trimmed existing stakes and 15 added.
The largest buyer was Crestline Management, opening a new position worth an estimated $3.15M. The largest seller was BlackRock, exiting entirely with an estimated $7.84M sold.
- 72 institutional investors held Lordstown Motors Corp. Class A Common Stock (RIDE) as of Q2 2023, down from 133 in Q1 2023.
- Funds reported $4.62M of Lordstown Motors Corp. Class A Common Stock stock for Q2 2023, down 87% quarter-over-quarter.
- 17 funds opened new Lordstown Motors Corp. Class A Common Stock positions in Q2 2023 and 78 closed out, a net change of -61 holders.
- The largest Lordstown Motors Corp. Class A Common Stock buyer in Q2 2023 was Crestline Management, an estimated $3.15M added.
- The largest Lordstown Motors Corp. Class A Common Stock seller in Q2 2023 was BlackRock, an estimated $7.84M sold.
Based on aggregated 13F filings for Q2 2023.