Renaissance IPO ETF
IPO
13 hedge funds and large institutions have $1.63M invested in Renaissance IPO ETF in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
48% more capital invested
Capital invested by funds: $1.1M → $1.63M (+$532K)
44% more funds holding
Funds holding: 9 → 13 (+4)
1.38% more ownership
Funds ownership: 7.53% → 8.9% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.15M |
| 2 |
Jane Street
New York
|
+$359K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.9K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.39K |
| 5 |
Morgan Stanley
New York
|
+$166 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$981K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$43K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $1.17M | +$1.15M | +41,308 | New |
|
|
2
Jane Street
New York
| $366K | +$359K | +12,965 | New |
|
|
GWM
3
Geneos Wealth Management
Englewood,
Colorado
| $31K | – | – | – |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $21K | – | – | – |
|
|
AG
5
Advisor Group
Phoenix,
Arizona
| $15K | – | – | – |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | +$13.9K | +500 | New |
|
|
PFGIA
7
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $9K | – | – | – |
|
|
PG
8
Patten Group
Chattanooga,
Tennessee
| $4K | – | – | – |
|
|
WWMSC
9
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $3K | +$2.83K | +102 | New |
|
|
SWM
10
SeaCrest Wealth Management
Purchase,
New York
| $2K | +$2.08K | +75 | New |
|
|
11
Morgan Stanley
New York
| $1K | +$166 | +6 | +13% |
|
|
12
Bank of America
Charlotte,
North Carolina
| $1K | +$1.39K | +50 | New |
|
|
13
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$981K | -36,893 | Closed |
|
|
14
UBS Group
Zurich,
Switzerland
| – | -$43K | -1,622 | Closed |
|
IPO Hedge Fund Activity: Q4 2017 in Review
13 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q4 2017, worth a combined $1.63M — up 48% from $1.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new IPO positions and 2 closed out — a net gain of 4 holders — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.15M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $981K sold.
- 13 institutional investors held Renaissance IPO ETF (IPO) as of Q4 2017, up from 9 in Q3 2017.
- Funds reported $1.63M of Renaissance IPO ETF stock for Q4 2017, up 48% quarter-over-quarter.
- 6 funds opened new Renaissance IPO ETF positions in Q4 2017 and 2 closed out, a net change of +4 holders.
- The largest Renaissance IPO ETF buyer in Q4 2017 was Virtu Financial, an estimated $1.15M added.
- The largest Renaissance IPO ETF seller in Q4 2017 was Susquehanna International Group, an estimated $981K sold.
Based on aggregated 13F filings for Q4 2017.