Root
ROOT
95 hedge funds and large institutions have $50.3M invested in Root in 2022 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 30 increasing their positions, 35 reducing their positions, and 39 closing their positions.
163% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $3.89M
67.46% more ownership
Funds ownership: 3.81% → 71.26% (+67%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
14% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 35
20% less funds holding
Funds holding: 119 → 95 (-24)
56% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 39
60% less capital invested
Capital invested by funds: $126M → $50.3M (-$76M)
Top Buyers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.77M |
| 2 |
D.E. Shaw & Co
New York
|
+$1.69M |
| 3 |
Millennium Management
New York
|
+$894K |
| 4 |
OQS
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
|
+$811K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$772K |
Top Sellers
| 1 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$559K |
| 2 |
Charles Schwab
San Francisco,
California
|
-$531K |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$455K |
| 4 |
Renaissance Technologies
New York
|
-$358K |
| 5 |
SC
Sculptor Capital
New York
|
-$296K |
ROOT Hedge Fund Activity: Q3 2022 in Review
95 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Root (ROOT) for Q3 2022, worth a combined $50.3M — down 60% from $126M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of ROOT and 17 opened new positions — a net loss of 22 holders — while 35 trimmed existing stakes and 30 added.
The largest buyer was Vanguard Group, adding an estimated $1.77M. The largest seller was Formula Growth, exiting entirely with an estimated $559K sold.
- 95 institutional investors held Root (ROOT) as of Q3 2022, down from 119 in Q2 2022.
- Funds reported $50.3M of Root stock for Q3 2022, down 60% quarter-over-quarter.
- 17 funds opened new Root positions in Q3 2022 and 39 closed out, a net change of -22 holders.
- The largest Root buyer in Q3 2022 was Vanguard Group, an estimated $1.77M added.
- The largest Root seller in Q3 2022 was Formula Growth, an estimated $559K sold.
Based on aggregated 13F filings for Q3 2022.