Root
ROOT
119 hedge funds and large institutions have $126M invested in Root in 2022 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 19 closing their positions.
47% more call options, than puts
Call options by funds: $3.61M | Put options by funds: $2.45M
47% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 19
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
6% more funds holding
Funds holding: 112 → 119 (+7)
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
0.2% more ownership
Funds ownership: 3.61% → 3.81% (+0.2%)
36% less capital invested
Capital invested by funds: $197M → $126M (-$71.1M)
Top Buyers
| 1 |
BlackRock
New York
|
+$10.3M |
| 2 |
State Street
Boston,
Massachusetts
|
+$3.3M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.52M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.27M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.81M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$4.45M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.47M |
| 3 |
HF
HRT Financial
New York
|
-$2.1M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.24M |
| 5 |
D.E. Shaw & Co
New York
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Walleye Capital
New York
| – | -$43K | -1,222 | Closed |
|
|
FIA
127
FNY Investment Advisers
New York
| – | -$31.1K | -1,150 | -99% |
|
|
AGM
128
Alpine Global Management
New York
| – | -$33 | -921 | Closed |
|
|
DC
129
Diametric Capital
Boston,
Massachusetts
| – | -$32K | -909 | Closed |
|
|
CCM
130
CTC Capital Management
Chicago,
Illinois
| – | -$25K | -700 | Closed |
|
|
SM
131
Sciencast Management
Princeton,
New Jersey
| – | -$23K | -678 | Closed |
|
|
RJA
132
Raymond James & Associates
St Petersburg,
Florida
| – | -$22K | -616 | Closed |
|
|
APA
133
American Portfolios Advisors
Holbrook,
New York
| – | -$591 | -17 | Closed |
|
|
FBC
134
Fairfield, Bush & Co
Darien,
Connecticut
| – | +$27 | +1 | New |
|
ROOT Hedge Fund Activity: Q2 2022 in Review
119 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Root (ROOT) for Q2 2022, worth a combined $126M — down 36% from $197M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ROOT positions and 19 closed out — a net gain of 9 holders — while 29 added to existing stakes and 28 trimmed.
The largest buyer was BlackRock, adding an estimated $10.3M. The largest seller was Millennium Management, cutting an estimated $4.45M.
- 119 institutional investors held Root (ROOT) as of Q2 2022, up from 112 in Q1 2022.
- Funds reported $126M of Root stock for Q2 2022, down 36% quarter-over-quarter.
- 28 funds opened new Root positions in Q2 2022 and 19 closed out, a net change of +9 holders.
- The largest Root buyer in Q2 2022 was BlackRock, an estimated $10.3M added.
- The largest Root seller in Q2 2022 was Millennium Management, an estimated $4.45M sold.
Based on aggregated 13F filings for Q2 2022.