RENN Fund
11 hedge funds and large institutions have $572K invested in RENN Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
12% more capital invested
Capital invested by funds: $513K → $572K (+$59.3K)
10% more funds holding
Funds holding: 10 → 11 (+1)
0.72% more ownership
Funds ownership: 7.82% → 8.54% (+0.72%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$34.9K |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$24.9K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$23.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$24K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$6.2K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
1
Chase Investment Counsel
Charlottesville,
Virginia
| $233K | – | – | – |
|
|
TJHA
2
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $160K | – | – | – |
|
|
LCM
3
Landscape Capital Management
Englewood,
New Jersey
| $69K | +$34.9K | +22,440 | +96% |
|
4
Bank of America
Charlotte,
North Carolina
| $29K | – | – | – |
|
|
GFM
5
Gramercy Funds Management
Greenwich,
Connecticut
| $24K | +$24.9K | +16,025 | New |
|
|
TC
6
TFS Capital
West Chester,
Pennsylvania
| $23K | +$23.9K | +15,361 | New |
|
|
BRWA
7
B. Riley Wealth Advisors
Boca Raton,
Florida
| $21K | -$1.4K | -900 | -6% |
|
|
WAM
8
Wolverine Asset Management
Chicago,
Illinois
| $10K | -$6.2K | -3,988 | -36% |
|
9
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
11
Citadel Advisors
Miami,
Florida
| – | -$24K | -16,639 | Closed |
|
RCG Hedge Fund Activity: Q3 2014 in Review
11 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q3 2014, worth a combined $572K — up 12% from $513K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new RCG positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Landscape Capital Management, adding an estimated $34.9K. The largest seller was Citadel Advisors, exiting entirely with an estimated $24K sold.
- 11 institutional investors held RENN Fund (RCG) as of Q3 2014, up from 10 in Q2 2014.
- Funds reported $572K of RENN Fund stock for Q3 2014, up 12% quarter-over-quarter.
- 2 funds opened new RENN Fund positions in Q3 2014 and 1 closed out, a net change of +1 holder.
- The largest RENN Fund buyer in Q3 2014 was Landscape Capital Management, an estimated $34.9K added.
- The largest RENN Fund seller in Q3 2014 was Citadel Advisors, an estimated $24K sold.
Based on aggregated 13F filings for Q3 2014.