Root
ROOT
94 hedge funds and large institutions have $664M invested in Root in 2021 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 18 closing their positions.
117% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 18
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
42% more call options, than puts
Call options by funds: $44.5M | Put options by funds: $31.4M
29% more funds holding
Funds holding: 73 → 94 (+21)
4% more capital invested
Capital invested by funds: $641M → $664M (+$23M)
0.76% less ownership
Funds ownership: 4.69% → 3.92% (-0.76%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.7M |
| 2 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
+$28.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$27.5M |
| 4 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$12.8M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
+$7.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$8.75M |
| 2 |
CP
Centerbridge Partners
New York
|
-$7.14M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$6.13M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.46M |
| 5 |
AI
Atom Investors
Austin,
Texas
|
-$3.94M |
ROOT Hedge Fund Activity: Q2 2021 in Review
94 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Root (ROOT) for Q2 2021, worth a combined $664M — up 3.6% from $641M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new ROOT positions and 18 closed out — a net gain of 21 holders — while 25 added to existing stakes and 13 trimmed.
The largest buyer was Vanguard Group, adding an estimated $36.7M. The largest seller was Durable Capital Partners, exiting entirely with an estimated $8.75M sold.
- 94 institutional investors held Root (ROOT) as of Q2 2021, up from 73 in Q1 2021.
- Funds reported $664M of Root stock for Q2 2021, up 3.6% quarter-over-quarter.
- 39 funds opened new Root positions in Q2 2021 and 18 closed out, a net change of +21 holders.
- The largest Root buyer in Q2 2021 was Vanguard Group, an estimated $36.7M added.
- The largest Root seller in Q2 2021 was Durable Capital Partners, an estimated $8.75M sold.
Based on aggregated 13F filings for Q2 2021.