Renaissance IPO ETF
IPO
32 hedge funds and large institutions have $8.14M invested in Renaissance IPO ETF in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 2 reducing their positions, and 6 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
50% more capital invested
Capital invested by funds: $5.43M → $8.14M (+$2.71M)
23% more funds holding
Funds holding: 26 → 32 (+6)
7.11% more ownership
Funds ownership: 10.41% → 17.51% (+7.1%)
89% less call options, than puts
Call options by funds: $2K | Put options by funds: $18K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.77M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.43M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.42M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$693K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$545K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$3.37M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
-$210K |
| 3 |
PGAM
Princeton Global Asset Management
Princeton,
New Jersey
|
-$32K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$18K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$9.34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
26
Winslow Evans & Crocker
Boston,
Massachusetts
| $6K | – | – | – |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | +$6.23K | +200 | New |
|
|
CG
28
Cutler Group
San Francisco,
California
| $2K | – | – | – |
|
29
Bank of America
Charlotte,
North Carolina
| $1K | – | – | – |
|
30
Morgan Stanley
New York
| $1K | – | – | – |
|
|
MCM
31
Mainstay Capital Management
Grand Blanc,
Michigan
| – | -$3.37M | -106,742 | Closed |
|
|
CF
32
Centaurus Financial
Anaheim,
California
| – | -$210K | -6,653 | Closed |
|
|
PGAM
33
Princeton Global Asset Management
Princeton,
New Jersey
| – | -$32K | -1,000 | Closed |
|
|
34
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$18K | -600 | Closed |
|
|
APC
35
Aspire Private Capital
Cornelius,
North Carolina
| – | -$1K | -20 | Closed |
|
36
Fidelity Investments
Boston,
Massachusetts
| – | +$31 | +1 | New |
|
37
Wells Fargo
San Francisco,
California
| – | +$31 | +1 | New |
|
IPO Hedge Fund Activity: Q3 2019 in Review
32 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q3 2019, worth a combined $8.14M — up 50% from $5.43M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new IPO positions and 6 closed out — a net gain of 6 holders — while 11 added to existing stakes and 2 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $1.77M. The largest seller was Mainstay Capital Management, exiting entirely with an estimated $3.37M sold.
- 32 institutional investors held Renaissance IPO ETF (IPO) as of Q3 2019, up from 26 in Q2 2019.
- Funds reported $8.14M of Renaissance IPO ETF stock for Q3 2019, up 50% quarter-over-quarter.
- 12 funds opened new Renaissance IPO ETF positions in Q3 2019 and 6 closed out, a net change of +6 holders.
- The largest Renaissance IPO ETF buyer in Q3 2019 was Credit Suisse, an estimated $1.77M added.
- The largest Renaissance IPO ETF seller in Q3 2019 was Mainstay Capital Management, an estimated $3.37M sold.
Based on aggregated 13F filings for Q3 2019.