Root
ROOT
65 hedge funds and large institutions have $63.7M invested in Root in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
100% more call options, than puts
Call options by funds: $3.17M | Put options by funds: $1.58M
13% more capital invested
Capital invested by funds: $56.1M → $63.7M (+$7.55M)
10% more funds holding
Funds holding: 59 → 65 (+6)
1.17% more ownership
Funds ownership: 62.14% → 63.31% (+1.2%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$4.2M |
| 2 |
Two Sigma Investments
New York
|
+$618K |
| 3 |
Morgan Stanley
New York
|
+$580K |
| 4 |
Renaissance Technologies
New York
|
+$389K |
| 5 |
Citigroup
New York
|
+$365K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLG
Silver Lake Group
Menlo Park,
California
|
-$4.89M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$849K |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
-$759K |
| 4 |
Millennium Management
New York
|
-$492K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$272K |
ROOT Hedge Fund Activity: Q4 2023 in Review
65 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Root (ROOT) for Q4 2023, worth a combined $63.7M — up 13% from $56.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ROOT positions and 4 closed out — a net gain of 8 holders — while 23 added to existing stakes and 10 trimmed.
The largest buyer was Cannell Capital, adding an estimated $4.2M. The largest seller was Silver Lake Group, exiting entirely with an estimated $4.89M sold.
- 65 institutional investors held Root (ROOT) as of Q4 2023, up from 59 in Q3 2023.
- Funds reported $63.7M of Root stock for Q4 2023, up 13% quarter-over-quarter.
- 12 funds opened new Root positions in Q4 2023 and 4 closed out, a net change of +8 holders.
- The largest Root buyer in Q4 2023 was Cannell Capital, an estimated $4.2M added.
- The largest Root seller in Q4 2023 was Silver Lake Group, an estimated $4.89M sold.
Based on aggregated 13F filings for Q4 2023.