Root
ROOT
71 hedge funds and large institutions have $28.1M invested in Root in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 23 reducing their positions, and 26 closing their positions.
155% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $586K
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4% less capital invested
Capital invested by funds: $29.3M → $28.1M (-$1.28M)
3.45% less ownership
Funds ownership: 71.81% → 68.36% (-3.4%)
20% less funds holding
Funds holding: 89 → 71 (-18)
30% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 23
69% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$404K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$231K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$223K |
| 4 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
+$153K |
| 5 |
State Street
Boston,
Massachusetts
|
+$74.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$342K |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$209K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$195K |
| 4 |
SC
Sculptor Capital
New York
|
-$177K |
| 5 |
OQS
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
|
-$157K |
ROOT Hedge Fund Activity: Q1 2023 in Review
71 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Root (ROOT) for Q1 2023, worth a combined $28.1M — down 4.4% from $29.3M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ROOT and 8 opened new positions — a net loss of 18 holders — while 23 trimmed existing stakes and 16 added.
The largest buyer was GMT Capital, opening a new position worth an estimated $404K. The largest seller was D.E. Shaw & Co, cutting an estimated $342K.
- 71 institutional investors held Root (ROOT) as of Q1 2023, down from 89 in Q4 2022.
- Funds reported $28.1M of Root stock for Q1 2023, down 4.4% quarter-over-quarter.
- 8 funds opened new Root positions in Q1 2023 and 26 closed out, a net change of -18 holders.
- The largest Root buyer in Q1 2023 was GMT Capital, an estimated $404K added.
- The largest Root seller in Q1 2023 was D.E. Shaw & Co, an estimated $342K sold.
Based on aggregated 13F filings for Q1 2023.