Renaissance IPO ETF
IPO
56 hedge funds and large institutions have $36.9M invested in Renaissance IPO ETF in 2020 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 7 closing their positions.
1,248% more call options, than puts
Call options by funds: $728K | Put options by funds: $54K
343% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 7
244% more capital invested
Capital invested by funds: $10.7M → $36.9M (+$26.2M)
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
75% more funds holding
Funds holding: 32 → 56 (+24)
16.93% less ownership
Funds ownership: 23.08% → 6.15% (-17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$5.01M |
| 2 |
Belvedere Trading
Chicago,
Illinois
|
+$1.96M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.65M |
| 4 |
NAM
NTV Asset Management
Charleston,
West Virginia
|
+$1.57M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$510K |
| 2 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$415K |
| 3 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$260K |
| 4 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$258K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$243K |
IPO Hedge Fund Activity: Q3 2020 in Review
56 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q3 2020, worth a combined $36.9M — up 244% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new IPO positions and 7 closed out — a net gain of 24 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $5.01M. The largest seller was Susquehanna International Group, cutting an estimated $510K.
- 56 institutional investors held Renaissance IPO ETF (IPO) as of Q3 2020, up from 32 in Q2 2020.
- Funds reported $36.9M of Renaissance IPO ETF stock for Q3 2020, up 244% quarter-over-quarter.
- 31 funds opened new Renaissance IPO ETF positions in Q3 2020 and 7 closed out, a net change of +24 holders.
- The largest Renaissance IPO ETF buyer in Q3 2020 was Cambridge Investment Research Advisors, an estimated $5.01M added.
- The largest Renaissance IPO ETF seller in Q3 2020 was Susquehanna International Group, an estimated $510K sold.
Based on aggregated 13F filings for Q3 2020.