RENN Fund
7 hedge funds and large institutions have $433K invested in RENN Fund in 2017 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
0.97% less ownership
Funds ownership: 8.99% → 8.02% (-0.97%)
12% less capital invested
Capital invested by funds: $490K → $433K (-$57K)
13% less funds holding
Funds holding: 8 → 7 (-1)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$35.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$58K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$32.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
1
Chase Investment Counsel
Charlottesville,
Virginia
| $200K | – | – | – |
|
|
CAG
2
Crestwood Advisors Group
Boston,
Massachusetts
| $100K | – | – | – |
|
|
TJHA
3
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $37K | -$58K | -45,479 | -62% |
|
|
4
Creative Planning
Overland Park,
Kansas
| $37K | +$35.1K | +27,500 | +2,106% |
|
|
LCM
5
Landscape Capital Management
Englewood,
New Jersey
| $33K | -$32.2K | -25,263 | -50% |
|
6
Bank of America
Charlotte,
North Carolina
| $25K | – | – | – |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
RCG Hedge Fund Activity: Q2 2017 in Review
7 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q2 2017, worth a combined $433K — down 12% from $490K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of RCG and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Creative Planning, adding an estimated $35.1K. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $58K.
- 7 institutional investors held RENN Fund (RCG) as of Q2 2017, down from 8 in Q1 2017.
- Funds reported $433K of RENN Fund stock for Q2 2017, down 12% quarter-over-quarter.
- 0 funds opened new RENN Fund positions in Q2 2017 and 1 closed out, a net change of -1 holder.
- The largest RENN Fund buyer in Q2 2017 was Creative Planning, an estimated $35.1K added.
- The largest RENN Fund seller in Q2 2017 was Thomas J. Herzfeld Advisors, an estimated $58K sold.
Based on aggregated 13F filings for Q2 2017.