Renaissance IPO ETF
IPO
53 hedge funds and large institutions have $35.5M invested in Renaissance IPO ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 14 closing their positions.
256% more call options, than puts
Call options by funds: $1.78M | Put options by funds: $499K
3% less capital invested
Capital invested by funds: $36.8M → $35.5M (-$1.27M)
2.04% less ownership
Funds ownership: 21.63% → 19.6% (-2%)
12% less funds holding
Funds holding: 60 → 53 (-7)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.2M |
| 2 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$1.57M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.55M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$798K |
| 5 |
FNBSF
First National Bank Sioux Falls
Sioux Falls,
South Dakota
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$3.63M |
| 2 |
Two Sigma Investments
New York
|
-$769K |
| 3 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
-$529K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$376K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$266K |
IPO Hedge Fund Activity: Q3 2023 in Review
53 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q3 2023, worth a combined $35.5M — down 3.4% from $36.8M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of IPO and 8 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 8 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.2M. The largest seller was Synergy Asset Management, exiting entirely with an estimated $3.63M sold.
- 53 institutional investors held Renaissance IPO ETF (IPO) as of Q3 2023, down from 60 in Q2 2023.
- Funds reported $35.5M of Renaissance IPO ETF stock for Q3 2023, down 3.4% quarter-over-quarter.
- 8 funds opened new Renaissance IPO ETF positions in Q3 2023 and 14 closed out, a net change of -6 holders.
- The largest Renaissance IPO ETF buyer in Q3 2023 was Royal Bank of Canada, an estimated $2.2M added.
- The largest Renaissance IPO ETF seller in Q3 2023 was Synergy Asset Management, an estimated $3.63M sold.
Based on aggregated 13F filings for Q3 2023.