Root
ROOT
73 hedge funds and large institutions have $641M invested in Root in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 28 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
46% more call options, than puts
Call options by funds: $26.7M | Put options by funds: $18.3M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.01% less ownership
Funds ownership: 4.69% → 4.69% (-0.01%)
6% less funds holding
Funds holding: 78 → 73 (-5)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
19% less capital invested
Capital invested by funds: $789M → $641M (-$148M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
+$52.2M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$44.3M |
| 3 |
AI
Atom Investors
Austin,
Texas
|
+$14.9M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$11.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$29.1M |
| 2 |
AAM
Anglepoint Asset Management
George Town,
Cayman Islands
|
-$26.3M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$21.8M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$16.2M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$10.8M |
ROOT Hedge Fund Activity: Q1 2021 in Review
73 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Root (ROOT) for Q1 2021, worth a combined $641M — down 19% from $789M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ROOT and 24 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 22 added.
The largest buyer was Tiger Global Management, opening a new position worth an estimated $52.2M. The largest seller was Whale Rock Capital Management, exiting entirely with an estimated $29.1M sold.
- 73 institutional investors held Root (ROOT) as of Q1 2021, down from 78 in Q4 2020.
- Funds reported $641M of Root stock for Q1 2021, down 19% quarter-over-quarter.
- 24 funds opened new Root positions in Q1 2021 and 28 closed out, a net change of -4 holders.
- The largest Root buyer in Q1 2021 was Tiger Global Management, an estimated $52.2M added.
- The largest Root seller in Q1 2021 was Whale Rock Capital Management, an estimated $29.1M sold.
Based on aggregated 13F filings for Q1 2021.