RENN Fund
10 hedge funds and large institutions have $497K invested in RENN Fund in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 0 closing their positions.
43% more funds holding
Funds holding: 7 → 10 (+3)
15% more capital invested
Capital invested by funds: $433K → $497K (+$64K)
0.56% more ownership
Funds ownership: 8.02% → 8.59% (+0.56%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$20.4K |
| 2 |
VF
Virtu Financial
New York
|
+$17K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.43K |
| 4 |
Morgan Stanley
New York
|
+$809 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$6.72K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$134 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
1
Chase Investment Counsel
Charlottesville,
Virginia
| $218K | – | – | – |
|
|
CAG
2
Crestwood Advisors Group
Boston,
Massachusetts
| $100K | – | – | – |
|
|
TJHA
3
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $40K | -$134 | -100 | -0.4% |
|
|
LCM
4
Landscape Capital Management
Englewood,
New Jersey
| $35K | – | – | – |
|
|
5
Creative Planning
Overland Park,
Kansas
| $33K | -$6.72K | -5,000 | -17% |
|
6
Bank of America
Charlotte,
North Carolina
| $27K | – | – | – |
|
|
7
Citadel Advisors
Miami,
Florida
| $21K | +$20.4K | +15,200 | New |
|
|
VF
8
Virtu Financial
New York
| $18K | +$17K | +12,638 | New |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | +$2.43K | +1,810 | +362% |
|
|
10
Morgan Stanley
New York
| $1K | +$809 | +602 | New |
|
RCG Hedge Fund Activity: Q3 2017 in Review
10 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q3 2017, worth a combined $497K — up 15% from $433K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RCG positions and 0 closed out — a net gain of 3 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $20.4K. The largest seller was Creative Planning, cutting an estimated $6.72K.
- 10 institutional investors held RENN Fund (RCG) as of Q3 2017, up from 7 in Q2 2017.
- Funds reported $497K of RENN Fund stock for Q3 2017, up 15% quarter-over-quarter.
- 3 funds opened new RENN Fund positions in Q3 2017 and 0 closed out, a net change of +3 holders.
- The largest RENN Fund buyer in Q3 2017 was Citadel Advisors, an estimated $20.4K added.
- The largest RENN Fund seller in Q3 2017 was Creative Planning, an estimated $6.72K sold.
Based on aggregated 13F filings for Q3 2017.