RENN Fund
13 hedge funds and large institutions have $946K invested in RENN Fund in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
44% more capital invested
Capital invested by funds: $656K → $946K (+$290K)
2.96% more ownership
Funds ownership: 11.68% → 14.65% (+3%)
7% less funds holding
Funds holding: 14 → 13 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$228K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.17K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.52K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
-$14K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$9K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.11K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
William Blair & Company
Chicago,
Illinois
| $356K | +$228K | +149,652 | +180% |
|
|
CIC
2
Chase Investment Counsel
Charlottesville,
Virginia
| $238K | – | – | – |
|
|
CAG
3
Crestwood Advisors Group
Boston,
Massachusetts
| $100K | – | – | – |
|
|
PC
4
Pecaut & Co
Sioux City,
Iowa
| $91K | – | – | – |
|
|
LCM
5
Landscape Capital Management
Englewood,
New Jersey
| $39K | – | – | – |
|
|
TJHA
6
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $35K | – | – | – |
|
7
Bank of America
Charlotte,
North Carolina
| $29K | – | – | – |
|
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $16K | -$5.11K | -3,359 | -24% |
|
|
EWM
9
Edge Wealth Management
New York
| $15K | – | – | – |
|
10
Morgan Stanley
New York
| $12K | – | – | – |
|
|
11
UBS Group
Zurich,
Switzerland
| $10K | +$2.17K | +1,424 | +28% |
|
|
LTFS
12
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
13
Wells Fargo
San Francisco,
California
| $2K | +$1.52K | +1,000 | New |
|
|
TSS
14
Two Sigma Securities
New York
| – | -$14K | -10,502 | Closed |
|
|
IA
15
IFP Advisors
Tampa,
Florida
| – | -$9K | -6,000 | Closed |
|
RCG Hedge Fund Activity: Q2 2018 in Review
13 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q2 2018, worth a combined $946K — up 44% from $656K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RCG and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was William Blair & Company, adding an estimated $228K. The largest seller was Two Sigma Securities, exiting entirely with an estimated $14K sold.
- 13 institutional investors held RENN Fund (RCG) as of Q2 2018, down from 14 in Q1 2018.
- Funds reported $946K of RENN Fund stock for Q2 2018, up 44% quarter-over-quarter.
- 1 fund opened new RENN Fund positions in Q2 2018 and 2 closed out, a net change of -1 holder.
- The largest RENN Fund buyer in Q2 2018 was William Blair & Company, an estimated $228K added.
- The largest RENN Fund seller in Q2 2018 was Two Sigma Securities, an estimated $14K sold.
Based on aggregated 13F filings for Q2 2018.