Renaissance IPO ETF
IPO
69 hedge funds and large institutions have $49.1M invested in Renaissance IPO ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 9 closing their positions.
33% more call options, than puts
Call options by funds: $2.21M | Put options by funds: $1.66M
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1.69% more ownership
Funds ownership: 23.77% → 25.46% (+1.7%)
3% more capital invested
Capital invested by funds: $47.5M → $49.1M (+$1.66M)
1% less funds holding
Funds holding: 70 → 69 (-1)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.17M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.38M |
| 3 |
PI
PFG Investments
Woodbury,
New York
|
+$955K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$594K |
| 5 |
LSA
Lansing Street Advisors
Ambler,
Pennsylvania
|
+$551K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$4.15M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.26M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$671K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$614K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$609K |
IPO Hedge Fund Activity: Q1 2024 in Review
69 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Renaissance IPO ETF (IPO) for Q1 2024, worth a combined $49.1M — up 3.5% from $47.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IPO positions and 9 closed out — a net gain of 1 holder — while 12 added to existing stakes and 19 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $2.17M. The largest seller was Synergy Asset Management, exiting entirely with an estimated $4.15M sold.
- 69 institutional investors held Renaissance IPO ETF (IPO) as of Q1 2024, down from 70 in Q4 2023.
- Funds reported $49.1M of Renaissance IPO ETF stock for Q1 2024, up 3.5% quarter-over-quarter.
- 10 funds opened new Renaissance IPO ETF positions in Q1 2024 and 9 closed out, a net change of +1 holder.
- The largest Renaissance IPO ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $2.17M added.
- The largest Renaissance IPO ETF seller in Q1 2024 was Synergy Asset Management, an estimated $4.15M sold.
Based on aggregated 13F filings for Q1 2024.