Renaissance IPO ETF
IPO
29 hedge funds and large institutions have $6.69M invested in Renaissance IPO ETF in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 6 closing their positions.
1.06% less ownership
Funds ownership: 17.51% → 16.46% (-1.1%)
9% less funds holding
Funds holding: 32 → 29 (-3)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
18% less capital invested
Capital invested by funds: $8.14M → $6.69M (-$1.45M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
88% less call options, than puts
Call options by funds: $1K | Put options by funds: $8K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$894K |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$359K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$111K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$55.1K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.24M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$631K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$241K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$236K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | – | – | – |
|
27
Morgan Stanley
New York
| $4K | +$2.03K | +68 | +151% |
|
28
Bank of America
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
GI
29
Gradient Investments
Arden Hills,
Minnesota
| $1K | +$894 | +30 | New |
|
|
CS
30
Credit Suisse
Zurich,
Switzerland
| – | -$1.6M | -56,700 | Closed |
|
|
31
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$241K | -8,538 | Closed |
|
|
MA
32
MYDA Advisors
Woodmere,
New York
| – | -$113K | -4,000 | Closed |
|
|
PA
33
Parallel Advisors
San Francisco,
California
| – | -$8K | -300 | Closed |
|
34
Wells Fargo
San Francisco,
California
| – | -$30 | -1 | Closed |
|
IPO Hedge Fund Activity: Q4 2019 in Review
29 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q4 2019, worth a combined $6.69M — down 18% from $8.14M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of IPO and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 6 added.
The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $894K. The largest seller was Credit Suisse, exiting entirely with an estimated $1.6M sold.
- 29 institutional investors held Renaissance IPO ETF (IPO) as of Q4 2019, down from 32 in Q3 2019.
- Funds reported $6.69M of Renaissance IPO ETF stock for Q4 2019, down 18% quarter-over-quarter.
- 5 funds opened new Renaissance IPO ETF positions in Q4 2019 and 6 closed out, a net change of -1 holder.
- The largest Renaissance IPO ETF buyer in Q4 2019 was Merriman Wealth Management, an estimated $894K added.
- The largest Renaissance IPO ETF seller in Q4 2019 was Credit Suisse, an estimated $1.6M sold.
Based on aggregated 13F filings for Q4 2019.