Renaissance IPO ETF
IPO
32 hedge funds and large institutions have $10.7M invested in Renaissance IPO ETF in 2020 Q2 according to their latest regulatory filings, with 13 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
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
103% more capital invested
Capital invested by funds: $5.28M → $10.7M (+$5.46M)
28% more funds holding
Funds holding: 25 → 32 (+7)
1.31% less ownership
Funds ownership: 17.4% → 16.09% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
NTV Asset Management
Charleston,
West Virginia
|
+$1.36M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$548K |
| 3 |
SFG
Summit Financial Group
Moorefield,
West Virginia
|
+$438K |
| 4 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$347K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$571K |
| 2 |
HT
HAP Trading
New York
|
-$501K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$485K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$81.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$11.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $10K | +$6.77K | +200 | +400% |
|
|
SFSIG
27
San Francisco Sentry Investment Group
San Francisco,
California
| $6K | +$4.74K | +140 | New |
|
|
CWC
28
Carolinas Wealth Consulting
Charlotte,
North Carolina
| $3K | +$2.44K | +72 | New |
|
|
AF
29
Allworth Financial
Folsom,
California
| $2K | +$1.66K | +49 | New |
|
|
GI
30
Gradient Investments
Arden Hills,
Minnesota
| $1K | – | – | – |
|
|
31
Jane Street
New York
| – | -$571K | -21,694 | Closed |
|
|
HT
32
HAP Trading
New York
| – | -$501K | -19,007 | Closed |
|
|
33
Citadel Advisors
Miami,
Florida
| – | -$485K | -18,420 | Closed |
|
|
WEC
34
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$6K | -200 | Closed |
|
|
CAN
35
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$3K | -100 | Closed |
|
36
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -100 | Closed |
|
37
Wells Fargo
San Francisco,
California
| – | +$34 | +1 | New |
|
|
CAN
38
Cetera Advisor Networks
El Segundo,
California
| – | +$338 | +10 | New |
|
IPO Hedge Fund Activity: Q2 2020 in Review
32 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q2 2020, worth a combined $10.7M — up 103% from $5.28M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IPO positions and 6 closed out — a net gain of 7 holders — while 11 added to existing stakes and 2 trimmed.
The largest buyer was NTV Asset Management, opening a new position worth an estimated $1.36M. The largest seller was Jane Street, exiting entirely with an estimated $571K sold.
- 32 institutional investors held Renaissance IPO ETF (IPO) as of Q2 2020, up from 25 in Q1 2020.
- Funds reported $10.7M of Renaissance IPO ETF stock for Q2 2020, up 103% quarter-over-quarter.
- 13 funds opened new Renaissance IPO ETF positions in Q2 2020 and 6 closed out, a net change of +7 holders.
- The largest Renaissance IPO ETF buyer in Q2 2020 was NTV Asset Management, an estimated $1.36M added.
- The largest Renaissance IPO ETF seller in Q2 2020 was Jane Street, an estimated $571K sold.
Based on aggregated 13F filings for Q2 2020.