Renaissance IPO ETF
IPO
70 hedge funds and large institutions have $47.5M invested in Renaissance IPO ETF in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 2 closing their positions.
850% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 2
34% more capital invested
Capital invested by funds: $35.5M → $47.5M (+$12M)
32% more funds holding
Funds holding: 53 → 70 (+17)
12% more call options, than puts
Call options by funds: $1.79M | Put options by funds: $1.61M
4.17% more ownership
Funds ownership: 19.6% → 23.77% (+4.2%)
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$3.65M |
| 2 |
Two Sigma Investments
New York
|
+$884K |
| 3 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$628K |
| 4 |
Jane Street
New York
|
+$313K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$984K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$870K |
| 3 |
Goldman Sachs
New York
|
-$798K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$285K |
| 5 |
Two Sigma Advisers
New York
|
-$192K |
IPO Hedge Fund Activity: Q4 2023 in Review
70 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q4 2023, worth a combined $47.5M — up 34% from $35.5M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new IPO positions and 2 closed out — a net gain of 17 holders — while 13 added to existing stakes and 19 trimmed.
The largest buyer was Synergy Asset Management, opening a new position worth an estimated $3.65M. The largest seller was Susquehanna International Group, cutting an estimated $984K.
- 70 institutional investors held Renaissance IPO ETF (IPO) as of Q4 2023, up from 53 in Q3 2023.
- Funds reported $47.5M of Renaissance IPO ETF stock for Q4 2023, up 34% quarter-over-quarter.
- 19 funds opened new Renaissance IPO ETF positions in Q4 2023 and 2 closed out, a net change of +17 holders.
- The largest Renaissance IPO ETF buyer in Q4 2023 was Synergy Asset Management, an estimated $3.65M added.
- The largest Renaissance IPO ETF seller in Q4 2023 was Susquehanna International Group, an estimated $984K sold.
Based on aggregated 13F filings for Q4 2023.