Renaissance IPO ETF
IPO
116 hedge funds and large institutions have $111M invested in Renaissance IPO ETF in 2020 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 35 increasing their positions, 9 reducing their positions, and 3 closing their positions.
2,033% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 3
289% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 9
202% more capital invested
Capital invested by funds: $36.9M → $111M (+$74.4M)
107% more funds holding
Funds holding: 56 → 116 (+60)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8.93% more ownership
Funds ownership: 6.15% → 15.08% (+8.9%)
55% less call options, than puts
Call options by funds: $8.53M | Put options by funds: $18.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Portfolio Strategies
Monsey,
New York
|
+$26.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.95M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.04M |
| 4 |
Jane Street
New York
|
+$2.34M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.61M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.58M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$635K |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$520K |
| 5 |
PA
Parallel Advisors
San Francisco,
California
|
-$224K |
IPO Hedge Fund Activity: Q4 2020 in Review
116 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q4 2020, worth a combined $111M — up 202% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new IPO positions and 3 closed out — a net gain of 61 holders — while 35 added to existing stakes and 9 trimmed.
The largest buyer was Portfolio Strategies, opening a new position worth an estimated $26.1M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $5.61M.
- 116 institutional investors held Renaissance IPO ETF (IPO) as of Q4 2020, up from 56 in Q3 2020.
- Funds reported $111M of Renaissance IPO ETF stock for Q4 2020, up 202% quarter-over-quarter.
- 64 funds opened new Renaissance IPO ETF positions in Q4 2020 and 3 closed out, a net change of +61 holders.
- The largest Renaissance IPO ETF buyer in Q4 2020 was Portfolio Strategies, an estimated $26.1M added.
- The largest Renaissance IPO ETF seller in Q4 2020 was Cambridge Investment Research Advisors, an estimated $5.61M sold.
Based on aggregated 13F filings for Q4 2020.