Renaissance IPO ETF
IPO
25 hedge funds and large institutions have $5.28M invested in Renaissance IPO ETF in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 8 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0.94% more ownership
Funds ownership: 16.46% → 17.4% (+0.94%)
14% less funds holding
Funds holding: 29 → 25 (-4)
21% less capital invested
Capital invested by funds: $6.69M → $5.28M (-$1.41M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$653K |
| 2 |
HT
HAP Trading
New York
|
+$589K |
| 3 |
LSPW
Lake Street Private Wealth
Chicago,
Illinois
|
+$258K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$197K |
| 5 |
Jane Street
New York
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$933K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$406K |
| 3 |
QWM
QP Wealth Management
Eatontown,
New Jersey
|
-$397K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$251K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$105K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
26
Merriman Wealth Management
Seattle,
Washington
| – | -$933K | -30,000 | Closed |
|
|
RJFSA
27
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$406K | -13,039 | Closed |
|
|
QWM
28
QP Wealth Management
Eatontown,
New Jersey
| – | -$397K | -11,900 | Closed |
|
|
29
Stifel Financial
St. Louis,
Missouri
| – | -$251K | -8,100 | Closed |
|
|
CG
30
Cutler Group
San Francisco,
California
| – | -$31K | -1,000 | Closed |
|
|
RIA
31
Realta Investment Advisors
Wilmington,
Delaware
| – | -$11K | -344 | Closed |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| – | -$9K | -300 | Closed |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6K | -200 | Closed |
|
IPO Hedge Fund Activity: Q1 2020 in Review
25 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q1 2020, worth a combined $5.28M — down 21% from $6.69M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IPO and 6 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Susquehanna International Group, adding an estimated $653K. The largest seller was Merriman Wealth Management, exiting entirely with an estimated $933K sold.
- 25 institutional investors held Renaissance IPO ETF (IPO) as of Q1 2020, down from 29 in Q4 2019.
- Funds reported $5.28M of Renaissance IPO ETF stock for Q1 2020, down 21% quarter-over-quarter.
- 6 funds opened new Renaissance IPO ETF positions in Q1 2020 and 8 closed out, a net change of -2 holders.
- The largest Renaissance IPO ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $653K added.
- The largest Renaissance IPO ETF seller in Q1 2020 was Merriman Wealth Management, an estimated $933K sold.
Based on aggregated 13F filings for Q1 2020.