Renaissance IPO ETF
IPO
130 hedge funds and large institutions have $136M invested in Renaissance IPO ETF in 2021 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 49 increasing their positions, 25 reducing their positions, and 22 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 25
64% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 22
22% more capital invested
Capital invested by funds: $111M → $136M (+$24.9M)
12% more funds holding
Funds holding: 116 → 130 (+14)
4.68% more ownership
Funds ownership: 15.08% → 19.76% (+4.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
76% less call options, than puts
Call options by funds: $19.7M | Put options by funds: $80.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$8.78M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$8.48M |
| 3 |
LFGH
Lee Financial Group Hawaii
Honolulu,
Hawaii
|
+$6.95M |
| 4 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$5.75M |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$5.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Portfolio Strategies
Monsey,
New York
|
-$19.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.39M |
| 3 |
Jane Street
New York
|
-$2.24M |
| 4 |
SL
Stevard LLC
Chicago,
Illinois
|
-$2.24M |
| 5 |
SAM
Sycomore Asset Management
Paris,
France
|
-$1.8M |
IPO Hedge Fund Activity: Q1 2021 in Review
130 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q1 2021, worth a combined $136M — up 22% from $111M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new IPO positions and 22 closed out — a net gain of 14 holders — while 49 added to existing stakes and 25 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $8.78M. The largest seller was Portfolio Strategies, cutting an estimated $19.2M.
- 130 institutional investors held Renaissance IPO ETF (IPO) as of Q1 2021, up from 116 in Q4 2020.
- Funds reported $136M of Renaissance IPO ETF stock for Q1 2021, up 22% quarter-over-quarter.
- 36 funds opened new Renaissance IPO ETF positions in Q1 2021 and 22 closed out, a net change of +14 holders.
- The largest Renaissance IPO ETF buyer in Q1 2021 was HSBC Holdings, an estimated $8.78M added.
- The largest Renaissance IPO ETF seller in Q1 2021 was Portfolio Strategies, an estimated $19.2M sold.
Based on aggregated 13F filings for Q1 2021.