Lordstown Motors Corp. Class A Common Stock
RIDE
RIDE was delisted on the 6th of July, 2023.
62 hedge funds and large institutions have $254M invested in Lordstown Motors Corp. Class A Common Stock in 2020 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 38 closing their positions.
48% more call options, than puts
Call options by funds: $8.41M | Put options by funds: $5.7M
39% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 38
32% more funds holding
Funds holding: 47 → 62 (+15)
26% more capital invested
Capital invested by funds: $202M → $254M (+$51.9M)
33.89% less ownership
Funds ownership: 70.02% → 36.13% (-34%)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$65M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
+$24M |
| 3 |
Holocene Advisors
New York
|
+$20M |
| 4 |
CC
Cannell & Co
New York
|
+$17.2M |
| 5 |
BC
Burleson & Co
Petaluma,
California
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$21M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$18.5M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$15.7M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$12.9M |
RIDE Hedge Fund Activity: Q3 2020 in Review
62 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Lordstown Motors Corp. Class A Common Stock (RIDE) for Q3 2020, worth a combined $254M — up 26% from $202M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new RIDE positions and 38 closed out — a net gain of 15 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $65M. The largest seller was UBS O'Connor, exiting entirely with an estimated $21M sold.
- 62 institutional investors held Lordstown Motors Corp. Class A Common Stock (RIDE) as of Q3 2020, up from 47 in Q2 2020.
- Funds reported $254M of Lordstown Motors Corp. Class A Common Stock stock for Q3 2020, up 26% quarter-over-quarter.
- 53 funds opened new Lordstown Motors Corp. Class A Common Stock positions in Q3 2020 and 38 closed out, a net change of +15 holders.
- The largest Lordstown Motors Corp. Class A Common Stock buyer in Q3 2020 was BlackRock, an estimated $65M added.
- The largest Lordstown Motors Corp. Class A Common Stock seller in Q3 2020 was UBS O'Connor, an estimated $21M sold.
Based on aggregated 13F filings for Q3 2020.