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Renaissance IPO ETF

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 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.36% less ownership

Funds ownership: 23.32%18.96% (-4.4%)

12% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 34

13% less funds holding

Funds holding: 119104 (-15)

35% less capital invested

Capital invested by funds: $148M → $95.4M (-$52.3M)

48% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 21

48% less call options, than puts

Call options by funds: $24.2M | Put options by funds: $46.8M

75% less funds holding in top 10

Funds holding in top 10: 41 (-3)

Holders
104
Holders Change
-15
Holders Change %
-12.61%
% of All Funds
1.82%
Holding in Top 10
1
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-75%
% of All Funds
0.02%
New
11
Increased
30
Reduced
34
Closed
21
Calls
$24.2M
Puts
$46.8M
Net Calls
-$22.6M
Net Calls Change
+$26.3M
Name Holding Trade Value Shares
Change
Change in
Stake
JIP
1
Jaffetilchin Investment Partners
Florida
$17.5M +$9.5M +145,866 +115%
LPL Financial
2
LPL Financial
California
$6.6M -$441K -6,776 -6%
TWM
3
Tradition Wealth Management
Minnesota
$4.24M +$240K +3,683 +6%
Osaic Holdings
4
Osaic Holdings
Arizona
$4.17M -$355K -5,444 -8%
Bank of America
5
Bank of America
North Carolina
$3.52M -$1.98M -30,379 -36%
TRCT
6
Tower Research Capital (TRC)
New York
$3.43M +$820K +12,588 +31%
HSBC Holdings
7
HSBC Holdings
United Kingdom
$3.22M -$5.21M -80,000 -62%
NAM
8
NTV Asset Management
West Virginia
$3.06M -$126K -1,930 -4%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$2.97M +$1.62M +24,894 +117%
BNP Paribas Financial Markets
10
BNP Paribas Financial Markets
France
$2.3M
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$2.21M +$294K +4,518 +15%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$1.96M +$124K +1,911 +7%
Citadel Advisors
13
Citadel Advisors
Florida
$1.92M -$33.1K -508 -2%
UBS Group
14
UBS Group
Switzerland
$1.88M +$72.3K +1,110 +4%
Simplex Trading
15
Simplex Trading
Illinois
$1.79M
Stifel Financial
16
Stifel Financial
Missouri
$1.76M +$55.7K +855 +3%
MML Investors Services
17
MML Investors Services
Massachusetts
$1.68M +$49K +752 +3%
GM
18
GeoWealth Management
Illinois
$1.66M +$1.68M +25,835 New
Goldman Sachs
19
Goldman Sachs
New York
$1.62M +$546K +8,386 +50%
Qube Research & Technologies (QRT)
20
Qube Research & Technologies (QRT)
United Kingdom
$1.5M +$56.4K +866 +4%
PAG
21
Private Advisor Group
New Jersey
$1.36M +$642K +9,859 +87%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$1.25M -$3.99M -61,251 -76%
PCS
23
Personal CFO Solutions
New Jersey
$1.13M +$22.4K +344 +2%
SFG
24
Summit Financial Group
West Virginia
$1.11M
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$1.05M -$110K -1,686 -9%

IPO Hedge Fund Activity: Q3 2021 in Review

104 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q3 2021, worth a combined $95.4M — down 35% from $148M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of IPO and 11 opened new positions — a net loss of 10 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 119 in Q2 2021.
  • Funds reported $95.4M of Renaissance IPO ETF stock for Q3 2021, down 35% quarter-over-quarter.
  • 11 funds opened new Renaissance IPO ETF positions in Q3 2021 and 21 closed out, a net change of -10 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.