Lordstown Motors Corp. Class A Common Stock
RIDE
RIDE was delisted on the 6th of July, 2023.
14 hedge funds and large institutions have $2.62M invested in Lordstown Motors Corp. Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 61 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
43% less capital invested
Capital invested by funds: $4.62M → $2.62M (-$2.01M)
81% less funds holding
Funds holding: 72 → 14 (-58)
95% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 61
97% less call options, than puts
Call options by funds: $11K | Put options by funds: $414K
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
Alta Fundamental Advisers
New York
|
+$1.51M |
| 2 |
DC
Diametric Capital
Boston,
Massachusetts
|
+$114K |
| 3 |
CB
CNB Bank
Clearfield,
Pennsylvania
|
+$114 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Crestline Management
Fort Worth,
Texas
|
-$1.28M |
| 2 |
PCM
Philosophy Capital Management
Alamo,
California
|
-$1.16M |
| 3 |
KCP
Keyframe Capital Partners
New York
|
-$533K |
| 4 |
Millennium Management
New York
|
-$265K |
| 5 |
CC
Cannell & Co
New York
|
-$120K |
RIDE Hedge Fund Activity: Q3 2023 in Review
14 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Lordstown Motors Corp. Class A Common Stock (RIDE) for Q3 2023, worth a combined $2.62M — down 43% from $4.62M a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of RIDE and 3 opened new positions — a net loss of 58 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Alta Fundamental Advisers, opening a new position worth an estimated $1.51M. The largest seller was Crestline Management, exiting entirely with an estimated $1.28M sold.
- 14 institutional investors held Lordstown Motors Corp. Class A Common Stock (RIDE) as of Q3 2023, down from 72 in Q2 2023.
- Funds reported $2.62M of Lordstown Motors Corp. Class A Common Stock stock for Q3 2023, down 43% quarter-over-quarter.
- 3 funds opened new Lordstown Motors Corp. Class A Common Stock positions in Q3 2023 and 61 closed out, a net change of -58 holders.
- The largest Lordstown Motors Corp. Class A Common Stock buyer in Q3 2023 was Alta Fundamental Advisers, an estimated $1.51M added.
- The largest Lordstown Motors Corp. Class A Common Stock seller in Q3 2023 was Crestline Management, an estimated $1.28M sold.
Based on aggregated 13F filings for Q3 2023.