RENN Fund
8 hedge funds and large institutions have $490K invested in RENN Fund in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
52% more capital invested
Capital invested by funds: $322K → $490K (+$168K)
14% more funds holding
Funds holding: 7 → 8 (+1)
3.08% more ownership
Funds ownership: 5.91% → 8.99% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAG
Crestwood Advisors Group
Boston,
Massachusetts
|
+$135K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$34.1K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$21.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.68K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
1
Chase Investment Counsel
Charlottesville,
Virginia
| $202K | – | – | – |
|
|
CAG
2
Crestwood Advisors Group
Boston,
Massachusetts
| $100K | +$135K | +100,000 | New |
|
|
TJHA
3
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $96K | +$21.2K | +15,701 | +27% |
|
|
LCM
4
Landscape Capital Management
Englewood,
New Jersey
| $64K | +$34.1K | +25,263 | +100% |
|
5
Bank of America
Charlotte,
North Carolina
| $25K | – | – | – |
|
6
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$4.68K | -3,469 | -99% |
|
RCG Hedge Fund Activity: Q1 2017 in Review
8 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q1 2017, worth a combined $490K — up 52% from $322K a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new RCG positions and 0 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Crestwood Advisors Group, opening a new position worth an estimated $135K. The largest seller was UBS Group, cutting an estimated $4.68K.
- 8 institutional investors held RENN Fund (RCG) as of Q1 2017, up from 7 in Q4 2016.
- Funds reported $490K of RENN Fund stock for Q1 2017, up 52% quarter-over-quarter.
- 1 fund opened new RENN Fund positions in Q1 2017 and 0 closed out, a net change of +1 holder.
- The largest RENN Fund buyer in Q1 2017 was Crestwood Advisors Group, an estimated $135K added.
- The largest RENN Fund seller in Q1 2017 was UBS Group, an estimated $4.68K sold.
Based on aggregated 13F filings for Q1 2017.