Renaissance IPO ETF
IPO
10 hedge funds and large institutions have $2.86M invested in Renaissance IPO ETF in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
29% more capital invested
Capital invested by funds: $2.21M → $2.86M (+$649K)
11% more funds holding
Funds holding: 9 → 10 (+1)
2.79% more ownership
Funds ownership: 17.85% → 20.64% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$406K |
| 2 |
Jane Street
New York
|
+$219K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$71.6K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$24.1K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$9.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$313K |
| 2 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$26.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.08M | +$406K | +18,367 | +26% |
|
|
2
Jane Street
New York
| $544K | +$219K | +9,896 | +73% |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $133K | +$71.6K | +3,236 | +129% |
|
|
WEC
4
Winslow Evans & Crocker
Boston,
Massachusetts
| $31.2K | -$26.6K | -1,200 | -47% |
|
5
UBS Group
Zurich,
Switzerland
| $31K | +$841 | +38 | +3% |
|
|
AG
6
Advisor Group
Phoenix,
Arizona
| $26K | +$24.1K | +1,088 | New |
|
|
WA
7
WFG Advisors
Dallas,
Texas
| $10K | +$9.96K | +450 | New |
|
|
PFGIA
8
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $7K | – | – | – |
|
|
PG
9
Patten Group
Chattanooga,
Tennessee
| $3K | – | – | – |
|
|
VKH
10
Virtu KCG Holdings
New York
| – | -$313K | -15,139 | Closed |
|
IPO Hedge Fund Activity: Q1 2017 in Review
10 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q1 2017, worth a combined $2.86M — up 29% from $2.21M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new IPO positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $406K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $313K sold.
- 10 institutional investors held Renaissance IPO ETF (IPO) as of Q1 2017, up from 9 in Q4 2016.
- Funds reported $2.86M of Renaissance IPO ETF stock for Q1 2017, up 29% quarter-over-quarter.
- 2 funds opened new Renaissance IPO ETF positions in Q1 2017 and 1 closed out, a net change of +1 holder.
- The largest Renaissance IPO ETF buyer in Q1 2017 was Susquehanna International Group, an estimated $406K added.
- The largest Renaissance IPO ETF seller in Q1 2017 was Virtu KCG Holdings, an estimated $313K sold.
Based on aggregated 13F filings for Q1 2017.