RENN Fund
6 hedge funds and large institutions have $332K invested in RENN Fund in 2016 Q3 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 1 closing their positions.
34% more capital invested
Capital invested by funds: $248K → $332K (+$84K)
0.65% more ownership
Funds ownership: 5.06% → 5.71% (+0.65%)
14% less funds holding
Funds holding: 7 → 6 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$35.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
1
Chase Investment Counsel
Charlottesville,
Virginia
| $202K | – | – | – |
|
|
LCM
2
Landscape Capital Management
Englewood,
New Jersey
| $56K | – | – | – |
|
|
TJHA
3
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $46K | +$35.9K | +29,878 | +551% |
|
4
Bank of America
Charlotte,
North Carolina
| $25K | – | – | – |
|
5
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$1K | -1,003 | Closed |
|
RCG Hedge Fund Activity: Q3 2016 in Review
6 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q3 2016, worth a combined $332K — up 34% from $248K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of RCG and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $35.9K. The largest seller was UBS Group, exiting entirely with an estimated $1K sold.
- 6 institutional investors held RENN Fund (RCG) as of Q3 2016, down from 7 in Q2 2016.
- Funds reported $332K of RENN Fund stock for Q3 2016, up 34% quarter-over-quarter.
- 0 funds opened new RENN Fund positions in Q3 2016 and 1 closed out, a net change of -1 holder.
- The largest RENN Fund buyer in Q3 2016 was Thomas J. Herzfeld Advisors, an estimated $35.9K added.
- The largest RENN Fund seller in Q3 2016 was UBS Group, an estimated $1K sold.
Based on aggregated 13F filings for Q3 2016.