Renaissance IPO ETF
IPO
7 hedge funds and large institutions have $1.39M invested in Renaissance IPO ETF in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 5 closing their positions.
31% more capital invested
Capital invested by funds: $1.06M → $1.39M (+$326K)
3.25% more ownership
Funds ownership: 7.86% → 11.11% (+3.3%)
30% less funds holding
Funds holding: 10 → 7 (-3)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$936K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$314K |
| 2 |
Jane Street
New York
|
-$260K |
| 3 |
AIG
American International Group
New York
|
-$15K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$13K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$10K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $918K | +$936K | +47,770 | New |
|
|
VKH
2
Virtu KCG Holdings
New York
| $345K | -$314K | -16,032 | -47% |
|
|
WEC
3
Winslow Evans & Crocker
Boston,
Massachusetts
| $68.2K | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $35K | +$6.8K | +347 | +23% |
|
|
AG
5
Advisor Group
Phoenix,
Arizona
| $15K | +$15.7K | +800 | New |
|
|
PG
6
Patten Group
Chattanooga,
Tennessee
| $5.96K | -$784 | -40 | -11% |
|
|
7
Jane Street
New York
| – | -$260K | -13,486 | Closed |
|
|
AIG
8
American International Group
New York
| – | -$15K | -800 | Closed |
|
|
MFS
9
MSI Financial Services
Springfield,
Massachusetts
| – | -$13K | -650 | Closed |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$10K | -500 | Closed |
|
11
Bank of America
Charlotte,
North Carolina
| – | -$4K | -200 | Closed |
|
IPO Hedge Fund Activity: Q2 2016 in Review
7 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q2 2016, worth a combined $1.39M — up 31% from $1.06M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IPO and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $936K. The largest seller was Virtu KCG Holdings, cutting an estimated $314K.
- 7 institutional investors held Renaissance IPO ETF (IPO) as of Q2 2016, down from 10 in Q1 2016.
- Funds reported $1.39M of Renaissance IPO ETF stock for Q2 2016, up 31% quarter-over-quarter.
- 2 funds opened new Renaissance IPO ETF positions in Q2 2016 and 5 closed out, a net change of -3 holders.
- The largest Renaissance IPO ETF buyer in Q2 2016 was Susquehanna International Group, an estimated $936K added.
- The largest Renaissance IPO ETF seller in Q2 2016 was Virtu KCG Holdings, an estimated $314K sold.
Based on aggregated 13F filings for Q2 2016.