Root
ROOT
129 hedge funds and large institutions have $535M invested in Root in 2024 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 40 increasing their positions, 24 reducing their positions, and 21 closing their positions.
129% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 21
92% more capital invested
Capital invested by funds: $279M → $535M (+$256M)
67% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 24
34% more call options, than puts
Call options by funds: $62.5M | Put options by funds: $46.5M
25% more funds holding
Funds holding: 103 → 129 (+26)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.84% less ownership
Funds ownership: 69.76% → 68.92% (-0.84%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$28.2M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$6.49M |
| 3 |
Jane Street
New York
|
+$6.23M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.21M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RMC
Ribbit Management Company
Palo Alto,
California
|
-$30.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$16M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$9.29M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$6.23M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$4.63M |
ROOT Hedge Fund Activity: Q4 2024 in Review
129 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Root (ROOT) for Q4 2024, worth a combined $535M — up 92% from $279M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new ROOT positions and 21 closed out — a net gain of 27 holders — while 40 added to existing stakes and 24 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $28.2M. The largest seller was Ribbit Management Company, cutting an estimated $30.8M.
- 129 institutional investors held Root (ROOT) as of Q4 2024, up from 103 in Q3 2024.
- Funds reported $535M of Root stock for Q4 2024, up 92% quarter-over-quarter.
- 48 funds opened new Root positions in Q4 2024 and 21 closed out, a net change of +27 holders.
- The largest Root buyer in Q4 2024 was T. Rowe Price Investment Management, an estimated $28.2M added.
- The largest Root seller in Q4 2024 was Ribbit Management Company, an estimated $30.8M sold.
Based on aggregated 13F filings for Q4 2024.