Lordstown Motors Corp. Class A Common Stock
RIDE
RIDE was delisted on the 6th of July, 2023.
37 hedge funds and large institutions have $187M invested in Lordstown Motors Corp. Class A Common Stock in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
23% more funds holding
Funds holding: 30 → 37 (+7)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
11% more capital invested
Capital invested by funds: $168M → $187M (+$18.7M)
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
|
+$11.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$8.05M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$7.82M |
| 4 |
JP Morgan Chase
New York
|
+$7.39M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$5.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$19.4M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$13.2M |
| 3 |
FIG
Fortress Investment Group
New York
|
-$9.95M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.32M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$6.99M |
RIDE Hedge Fund Activity: Q1 2020 in Review
37 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Lordstown Motors Corp. Class A Common Stock (RIDE) for Q1 2020, worth a combined $187M — up 11% from $168M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RIDE positions and 9 closed out — a net gain of 7 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Millennium Management, adding an estimated $11.1M. The largest seller was RP Investment Advisors, exiting entirely with an estimated $19.4M sold.
- 37 institutional investors held Lordstown Motors Corp. Class A Common Stock (RIDE) as of Q1 2020, up from 30 in Q4 2019.
- Funds reported $187M of Lordstown Motors Corp. Class A Common Stock stock for Q1 2020, up 11% quarter-over-quarter.
- 16 funds opened new Lordstown Motors Corp. Class A Common Stock positions in Q1 2020 and 9 closed out, a net change of +7 holders.
- The largest Lordstown Motors Corp. Class A Common Stock buyer in Q1 2020 was Millennium Management, an estimated $11.1M added.
- The largest Lordstown Motors Corp. Class A Common Stock seller in Q1 2020 was RP Investment Advisors, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2020.