Renaissance IPO ETF
IPO
120 hedge funds and large institutions have $149M invested in Renaissance IPO ETF in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 51 reducing their positions, and 27 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
9% more capital invested
Capital invested by funds: $136M → $149M (+$12.3M)
3.69% more ownership
Funds ownership: 19.76% → 23.45% (+3.7%)
8% less funds holding
Funds holding: 130 → 120 (-10)
33% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 27
49% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 51
71% less call options, than puts
Call options by funds: $20.2M | Put options by funds: $69.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$13.7M |
| 2 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$7.72M |
| 3 |
CFG
CMC Financial Group
Atlanta,
Georgia
|
+$4.48M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.7M |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Portfolio Strategies
Monsey,
New York
|
-$9.75M |
| 2 |
LFGH
Lee Financial Group Hawaii
Honolulu,
Hawaii
|
-$6.91M |
| 3 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$5.29M |
| 4 |
HT
HAP Trading
New York
|
-$3.19M |
| 5 |
HF
HRT Financial
New York
|
-$2.82M |
IPO Hedge Fund Activity: Q2 2021 in Review
120 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q2 2021, worth a combined $149M — up 9% from $136M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of IPO and 18 opened new positions — a net loss of 9 holders — while 51 trimmed existing stakes and 26 added.
The largest buyer was Empowered Funds, opening a new position worth an estimated $13.7M. The largest seller was Portfolio Strategies, exiting entirely with an estimated $9.75M sold.
- 120 institutional investors held Renaissance IPO ETF (IPO) as of Q2 2021, down from 130 in Q1 2021.
- Funds reported $149M of Renaissance IPO ETF stock for Q2 2021, up 9% quarter-over-quarter.
- 18 funds opened new Renaissance IPO ETF positions in Q2 2021 and 27 closed out, a net change of -9 holders.
- The largest Renaissance IPO ETF buyer in Q2 2021 was Empowered Funds, an estimated $13.7M added.
- The largest Renaissance IPO ETF seller in Q2 2021 was Portfolio Strategies, an estimated $9.75M sold.
Based on aggregated 13F filings for Q2 2021.