Renaissance IPO ETF
IPO
104 hedge funds and large institutions have $95.4M invested in Renaissance IPO ETF in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 22 closing their positions.
4.48% less ownership
Funds ownership: 23.45% → 18.96% (-4.5%)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
13% less funds holding
Funds holding: 120 → 104 (-16)
36% less capital invested
Capital invested by funds: $149M → $95.4M (-$53.1M)
48% less call options, than puts
Call options by funds: $24.2M | Put options by funds: $46.8M
50% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 22
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$9.5M |
| 2 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$1.68M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.62M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$918K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$14.7M |
| 2 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$8.24M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$5.21M |
| 4 |
CFG
CMC Financial Group
Atlanta,
Georgia
|
-$4.78M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$4.35M |
IPO Hedge Fund Activity: Q3 2021 in Review
104 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q3 2021, worth a combined $95.4M — down 36% from $149M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IPO and 11 opened new positions — a net loss of 11 holders — while 34 trimmed existing stakes and 30 added.
The largest buyer was Jaffetilchin Investment Partners, adding an estimated $9.5M. The largest seller was Empowered Funds, exiting entirely with an estimated $14.7M sold.
- 104 institutional investors held Renaissance IPO ETF (IPO) as of Q3 2021, down from 120 in Q2 2021.
- Funds reported $95.4M of Renaissance IPO ETF stock for Q3 2021, down 36% quarter-over-quarter.
- 11 funds opened new Renaissance IPO ETF positions in Q3 2021 and 22 closed out, a net change of -11 holders.
- The largest Renaissance IPO ETF buyer in Q3 2021 was Jaffetilchin Investment Partners, an estimated $9.5M added.
- The largest Renaissance IPO ETF seller in Q3 2021 was Empowered Funds, an estimated $14.7M sold.
Based on aggregated 13F filings for Q3 2021.