Root
ROOT
89 hedge funds and large institutions have $29.3M invested in Root in 2022 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 17 increasing their positions, 30 reducing their positions, and 26 closing their positions.
33% more call options, than puts
Call options by funds: $1.44M | Put options by funds: $1.08M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.54% more ownership
Funds ownership: 71.26% → 71.81% (+0.54%)
6% less funds holding
Funds holding: 95 → 89 (-6)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
42% less capital invested
Capital invested by funds: $50.3M → $29.3M (-$21M)
43% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$279K |
| 2 |
SC
Sculptor Capital
New York
|
+$272K |
| 3 |
BlackRock
New York
|
+$244K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$221K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.41M |
| 2 |
TAC
Twenty Acre Capital
Newtown,
Pennsylvania
|
-$741K |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
-$629K |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$504K |
| 5 |
Two Sigma Investments
New York
|
-$407K |
ROOT Hedge Fund Activity: Q4 2022 in Review
89 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Root (ROOT) for Q4 2022, worth a combined $29.3M — down 42% from $50.3M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ROOT and 21 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 17 added.
The largest buyer was Renaissance Technologies, adding an estimated $279K. The largest seller was Millennium Management, exiting entirely with an estimated $1.41M sold.
- 89 institutional investors held Root (ROOT) as of Q4 2022, down from 95 in Q3 2022.
- Funds reported $29.3M of Root stock for Q4 2022, down 42% quarter-over-quarter.
- 21 funds opened new Root positions in Q4 2022 and 26 closed out, a net change of -5 holders.
- The largest Root buyer in Q4 2022 was Renaissance Technologies, an estimated $279K added.
- The largest Root seller in Q4 2022 was Millennium Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2022.