Lordstown Motors Corp. Class A Common Stock
RIDE
RIDE was delisted on the 6th of July, 2023.
157 hedge funds and large institutions have $390M invested in Lordstown Motors Corp. Class A Common Stock in 2021 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 52 increasing their positions, 46 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more call options, than puts
Call options by funds: $89.6M | Put options by funds: $63.2M
13% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 46
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
2% less funds holding
Funds holding: 160 → 157 (-3)
30% less capital invested
Capital invested by funds: $560M → $390M (-$170M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Burleson & Co
Petaluma,
California
|
+$10.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.98M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$4.76M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.31M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$9.78M |
| 3 |
BlackRock
New York
|
-$5.57M |
| 4 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$4.42M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$4M |
RIDE Hedge Fund Activity: Q3 2021 in Review
157 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Lordstown Motors Corp. Class A Common Stock (RIDE) for Q3 2021, worth a combined $390M — down 30% from $560M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of RIDE and 23 opened new positions — a net loss of 1 holder — while 46 trimmed existing stakes and 52 added.
The largest buyer was Burleson & Co, adding an estimated $10.7M. The largest seller was Fidelity Investments, cutting an estimated $31.5M.
- 157 institutional investors held Lordstown Motors Corp. Class A Common Stock (RIDE) as of Q3 2021, down from 160 in Q2 2021.
- Funds reported $390M of Lordstown Motors Corp. Class A Common Stock stock for Q3 2021, down 30% quarter-over-quarter.
- 23 funds opened new Lordstown Motors Corp. Class A Common Stock positions in Q3 2021 and 24 closed out, a net change of -1 holder.
- The largest Lordstown Motors Corp. Class A Common Stock buyer in Q3 2021 was Burleson & Co, an estimated $10.7M added.
- The largest Lordstown Motors Corp. Class A Common Stock seller in Q3 2021 was Fidelity Investments, an estimated $31.5M sold.
Based on aggregated 13F filings for Q3 2021.