RENN Fund
10 hedge funds and large institutions have $542K invested in RENN Fund in 2013 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 0 closing their positions.
57% more capital invested
Capital invested by funds: $345K → $542K (+$197K)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
11% more funds holding
Funds holding: 9 → 10 (+1)
3.1% more ownership
Funds ownership: 5.27% → 8.37% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Chase Investment Counsel
Charlottesville,
Virginia
|
+$223K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$3.01K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.91K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$1.66K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$30.6K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.85K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
1
Chase Investment Counsel
Charlottesville,
Virginia
| $225K | +$223K | +155,800 | New |
|
|
TJHA
2
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $155K | +$3.01K | +2,100 | +2% |
|
|
BRWA
3
B. Riley Wealth Advisors
Boca Raton,
Florida
| $91K | -$30.6K | -21,362 | -25% |
|
4
Bank of America
Charlotte,
North Carolina
| $28K | – | – | – |
|
|
5
Citadel Advisors
Miami,
Florida
| $18K | -$1.85K | -1,289 | -9% |
|
|
WAM
6
Wolverine Asset Management
Chicago,
Illinois
| $16K | +$2.91K | +2,030 | +22% |
|
|
U
7
UBS
Zurich,
Switzerland
| $6K | +$1.66K | +1,155 | +40% |
|
8
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
RCG Hedge Fund Activity: Q4 2013 in Review
10 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q4 2013, worth a combined $542K — up 57% from $345K a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new RCG positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Chase Investment Counsel, opening a new position worth an estimated $223K. The largest seller was B. Riley Wealth Advisors, cutting an estimated $30.6K.
- 10 institutional investors held RENN Fund (RCG) as of Q4 2013, up from 9 in Q3 2013.
- Funds reported $542K of RENN Fund stock for Q4 2013, up 57% quarter-over-quarter.
- 1 fund opened new RENN Fund positions in Q4 2013 and 0 closed out, a net change of +1 holder.
- The largest RENN Fund buyer in Q4 2013 was Chase Investment Counsel, an estimated $223K added.
- The largest RENN Fund seller in Q4 2013 was B. Riley Wealth Advisors, an estimated $30.6K sold.
Based on aggregated 13F filings for Q4 2013.