RENN Fund
7 hedge funds and large institutions have $248K invested in RENN Fund in 2016 Q2 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 3 closing their positions.
1.58% less ownership
Funds ownership: 6.64% → 5.06% (-1.6%)
18% less capital invested
Capital invested by funds: $301K → $248K (-$53K)
30% less funds holding
Funds holding: 10 → 7 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$28K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$25.6K |
| 3 |
SYBT
Stock Yards Bank & Trust
Louisville,
Kentucky
|
-$18K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.69K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
1
Chase Investment Counsel
Charlottesville,
Virginia
| $171K | – | – | – |
|
|
LCM
2
Landscape Capital Management
Englewood,
New Jersey
| $47K | – | – | – |
|
3
Bank of America
Charlotte,
North Carolina
| $21K | – | – | – |
|
|
TJHA
4
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $6K | -$25.6K | -22,847 | -81% |
|
|
5
UBS Group
Zurich,
Switzerland
| $1K | -$1.69K | -1,508 | -60% |
|
6
Creative Planning
Overland Park,
Kansas
| $1K | – | – | – |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$28K | -28,065 | Closed |
|
|
SYBT
9
Stock Yards Bank & Trust
Louisville,
Kentucky
| – | -$18K | -18,000 | Closed |
|
|
10
Wells Fargo
San Francisco,
California
| – | -$4 | -4 | Closed |
|
RCG Hedge Fund Activity: Q2 2016 in Review
7 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q2 2016, worth a combined $248K — down 18% from $301K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RCG and 0 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 0 added.
The largest seller was Citadel Advisors, exiting entirely with an estimated $28K sold.
- 7 institutional investors held RENN Fund (RCG) as of Q2 2016, down from 10 in Q1 2016.
- Funds reported $248K of RENN Fund stock for Q2 2016, down 18% quarter-over-quarter.
- 0 funds opened new RENN Fund positions in Q2 2016 and 3 closed out, a net change of -3 holders.
- The largest RENN Fund seller in Q2 2016 was Citadel Advisors, an estimated $28K sold.
Based on aggregated 13F filings for Q2 2016.