Lordstown Motors Corp. Class A Common Stock
RIDE
RIDE was delisted on the 6th of July, 2023.
133 hedge funds and large institutions have $34.8M invested in Lordstown Motors Corp. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 36 increasing their positions, 40 reducing their positions, and 31 closing their positions.
110% more call options, than puts
Call options by funds: $989K | Put options by funds: $471K
10% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 40
10% less funds holding
Funds holding: 148 → 133 (-15)
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
46% less capital invested
Capital invested by funds: $64.8M → $34.8M (-$30.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.94M |
| 2 |
Millennium Management
New York
|
+$1.92M |
| 3 |
Goldman Sachs
New York
|
+$1.08M |
| 4 |
E
Ergoteles
New York
|
+$906K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$684K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$10.8M |
| 2 |
D.E. Shaw & Co
New York
|
-$1.3M |
| 3 |
BlackRock
New York
|
-$591K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$487K |
| 5 |
Swiss National Bank
Zurich,
Switzerland
|
-$453K |
RIDE Hedge Fund Activity: Q1 2023 in Review
133 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Lordstown Motors Corp. Class A Common Stock (RIDE) for Q1 2023, worth a combined $34.8M — down 46% from $64.8M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of RIDE and 20 opened new positions — a net loss of 11 holders — while 40 trimmed existing stakes and 36 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $2.94M. The largest seller was Invesco, cutting an estimated $10.8M.
- 133 institutional investors held Lordstown Motors Corp. Class A Common Stock (RIDE) as of Q1 2023, down from 148 in Q4 2022.
- Funds reported $34.8M of Lordstown Motors Corp. Class A Common Stock stock for Q1 2023, down 46% quarter-over-quarter.
- 20 funds opened new Lordstown Motors Corp. Class A Common Stock positions in Q1 2023 and 31 closed out, a net change of -11 holders.
- The largest Lordstown Motors Corp. Class A Common Stock buyer in Q1 2023 was Renaissance Technologies, an estimated $2.94M added.
- The largest Lordstown Motors Corp. Class A Common Stock seller in Q1 2023 was Invesco, an estimated $10.8M sold.
Based on aggregated 13F filings for Q1 2023.