Renaissance IPO ETF
IPO
12 hedge funds and large institutions have $2.21M invested in Renaissance IPO ETF in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
33% more funds holding
Funds holding: 9 → 12 (+3)
2.26% less ownership
Funds ownership: 9.7% → 7.44% (-2.3%)
11% less capital invested
Capital invested by funds: $2.49M → $2.21M (-$272K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$284K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$231K |
| 3 |
FMB
Field & Main Bank
Henderson,
Kentucky
|
+$110K |
| 4 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
+$45.9K |
| 5 |
NES
New England Securities
New York
|
+$6.48K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$993K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$32.7K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$2.16K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.58K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $871K | -$32.7K | -1,511 | -4% |
|
|
RJA
2
Raymond James & Associates
St Petersburg,
Florida
| $369K | -$1.58K | -73 | -0.5% |
|
|
VKH
3
Virtu KCG Holdings
New York
| $301K | +$284K | +13,142 | New |
|
|
FMB
4
Field & Main Bank
Henderson,
Kentucky
| $282K | +$110K | +5,100 | +71% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $244K | +$231K | +10,669 | New |
|
|
WEC
6
Winslow Evans & Crocker
Boston,
Massachusetts
| $48.7K | +$45.9K | +2,125 | New |
|
|
OIA
7
Optimum Investment Advisors
Chicago,
Illinois
| $27K | – | – | – |
|
|
NES
8
New England Securities
New York
| $24K | +$6.48K | +300 | +40% |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $23K | – | – | – |
|
|
10
Creative Planning
Overland Park,
Kansas
| $11K | -$2.16K | -100 | -17% |
|
11
Bank of Montreal
Toronto,
Ontario, Canada
| $11K | – | – | – |
|
12
Ameriprise
Minneapolis,
Minnesota
| $2K | +$2.16K | +100 | New |
|
|
13
Jane Street
New York
| – | -$993K | -44,529 | Closed |
|
IPO Hedge Fund Activity: Q2 2014 in Review
12 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q2 2014, worth a combined $2.21M — down 11% from $2.49M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IPO positions and 1 closed out — a net gain of 3 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $284K. The largest seller was Jane Street, exiting entirely with an estimated $993K sold.
- 12 institutional investors held Renaissance IPO ETF (IPO) as of Q2 2014, up from 9 in Q1 2014.
- Funds reported $2.21M of Renaissance IPO ETF stock for Q2 2014, down 11% quarter-over-quarter.
- 4 funds opened new Renaissance IPO ETF positions in Q2 2014 and 1 closed out, a net change of +3 holders.
- The largest Renaissance IPO ETF buyer in Q2 2014 was Virtu KCG Holdings, an estimated $284K added.
- The largest Renaissance IPO ETF seller in Q2 2014 was Jane Street, an estimated $993K sold.
Based on aggregated 13F filings for Q2 2014.