Renaissance IPO ETF
IPO
26 hedge funds and large institutions have $5.43M invested in Renaissance IPO ETF in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
18% more funds holding
Funds holding: 22 → 26 (+4)
7% more capital invested
Capital invested by funds: $5.09M → $5.43M (+$339K)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
6.25% less ownership
Funds ownership: 16.65% → 10.41% (-6.2%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $28K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$3.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$308K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$230K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
+$200K |
| 5 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.89M |
| 2 |
Jane Street
New York
|
-$1.27M |
| 3 |
SG Americas Securities
New York
|
-$458K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$315K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$79.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$1.89M | -61,830 | Closed |
|
|
27
Jane Street
New York
| – | -$1.27M | -41,700 | Closed |
|
|
28
SG Americas Securities
New York
| – | -$458K | -15,000 | Closed |
|
|
CWA
29
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$14K | -450 | Closed |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$12K | -400 | Closed |
|
31
Wells Fargo
San Francisco,
California
| – | -$31 | -1 | Closed |
|
IPO Hedge Fund Activity: Q2 2019 in Review
26 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q2 2019, worth a combined $5.43M — up 6.7% from $5.09M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IPO positions and 6 closed out — a net gain of 4 holders — while 4 added to existing stakes and 4 trimmed.
The largest buyer was Mainstay Capital Management, opening a new position worth an estimated $3.3M. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $1.89M sold.
- 26 institutional investors held Renaissance IPO ETF (IPO) as of Q2 2019, up from 22 in Q1 2019.
- Funds reported $5.43M of Renaissance IPO ETF stock for Q2 2019, up 6.7% quarter-over-quarter.
- 10 funds opened new Renaissance IPO ETF positions in Q2 2019 and 6 closed out, a net change of +4 holders.
- The largest Renaissance IPO ETF buyer in Q2 2019 was Mainstay Capital Management, an estimated $3.3M added.
- The largest Renaissance IPO ETF seller in Q2 2019 was Janney Montgomery Scott, an estimated $1.89M sold.
Based on aggregated 13F filings for Q2 2019.