Renaissance IPO ETF
IPO
10 hedge funds and large institutions have $1.06M invested in Renaissance IPO ETF in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 3 closing their positions.
14.76% less ownership
Funds ownership: 22.62% → 7.86% (-15%)
17% less funds holding
Funds holding: 12 → 10 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
76% less capital invested
Capital invested by funds: $4.49M → $1.06M (-$3.43M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$32.6K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.52M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.23M |
| 3 |
Jane Street
New York
|
-$486K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$37K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$16.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
1
Virtu KCG Holdings
New York
| $655K | +$32.6K | +1,798 | +6% |
|
|
2
Jane Street
New York
| $260K | -$486K | -26,821 | -67% |
|
|
WEC
3
Winslow Evans & Crocker
Boston,
Massachusetts
| $68.4K | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $29K | -$16.9K | -932 | -38% |
|
|
AIG
5
American International Group
New York
| $15K | – | – | – |
|
|
MFS
6
MSI Financial Services
Springfield,
Massachusetts
| $13K | -$4.75K | -262 | -29% |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $10K | -$9.06K | -500 | -50% |
|
|
PG
8
Patten Group
Chattanooga,
Tennessee
| $6.75K | – | – | – |
|
|
9
Bank of America
Charlotte,
North Carolina
| $4K | +$3.63K | +200 | New |
|
|
10
Citadel Advisors
Miami,
Florida
| – | -$1.52M | -72,600 | Closed |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.23M | -58,949 | Closed |
|
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$37K | -1,772 | Closed |
|
IPO Hedge Fund Activity: Q1 2016 in Review
10 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q1 2016, worth a combined $1.06M — down 76% from $4.49M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of IPO and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $32.6K. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.52M sold.
- 10 institutional investors held Renaissance IPO ETF (IPO) as of Q1 2016, down from 12 in Q4 2015.
- Funds reported $1.06M of Renaissance IPO ETF stock for Q1 2016, down 76% quarter-over-quarter.
- 1 fund opened new Renaissance IPO ETF positions in Q1 2016 and 3 closed out, a net change of -2 holders.
- The largest Renaissance IPO ETF buyer in Q1 2016 was Virtu KCG Holdings, an estimated $32.6K added.
- The largest Renaissance IPO ETF seller in Q1 2016 was Citadel Advisors, an estimated $1.52M sold.
Based on aggregated 13F filings for Q1 2016.