Renaissance IPO ETF
IPO
61 hedge funds and large institutions have $41.2M invested in Renaissance IPO ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 12 closing their positions.
43% more call options, than puts
Call options by funds: $1.15M | Put options by funds: $808K
1.29% less ownership
Funds ownership: 31.92% → 30.63% (-1.3%)
6% less funds holding
Funds holding: 65 → 61 (-4)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
81% less capital invested
Capital invested by funds: $212M → $41.2M (-$171M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$1.75M |
| 2 |
SA
SFI Advisors
Montclair,
New Jersey
|
+$608K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$389K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$224K |
| 5 |
IC
IEQ Capital
Foster City,
California
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$172M |
| 2 |
Goldman Sachs
New York
|
-$7.29M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$792K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$520K |
| 5 |
AR
Apeiron RIA
Dallas,
Texas
|
-$404K |
IPO Hedge Fund Activity: Q1 2023 in Review
61 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q1 2023, worth a combined $41.2M — down 81% from $212M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of IPO and 10 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 13 added.
The largest buyer was Main Management ETF Advisors, adding an estimated $1.75M. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $172M sold.
- 61 institutional investors held Renaissance IPO ETF (IPO) as of Q1 2023, down from 65 in Q4 2022.
- Funds reported $41.2M of Renaissance IPO ETF stock for Q1 2023, down 81% quarter-over-quarter.
- 10 funds opened new Renaissance IPO ETF positions in Q1 2023 and 12 closed out, a net change of -2 holders.
- The largest Renaissance IPO ETF buyer in Q1 2023 was Main Management ETF Advisors, an estimated $1.75M added.
- The largest Renaissance IPO ETF seller in Q1 2023 was Arete Wealth Advisors, an estimated $172M sold.
Based on aggregated 13F filings for Q1 2023.