RENN Fund
12 hedge funds and large institutions have $857K invested in RENN Fund in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 2 closing their positions.
2.88% less ownership
Funds ownership: 16.5% → 13.62% (-2.9%)
8% less funds holding
Funds holding: 13 → 12 (-1)
31% less capital invested
Capital invested by funds: $1.25M → $857K (-$394K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$20.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$202K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$22K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.92K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
William Blair & Company
Chicago,
Illinois
| $286K | -$202K | -125,058 | -39% |
|
|
CIC
2
Chase Investment Counsel
Charlottesville,
Virginia
| $232K | – | – | – |
|
|
CAG
3
Crestwood Advisors Group
Boston,
Massachusetts
| $100K | – | – | – |
|
|
PC
4
Pecaut & Co
Sioux City,
Iowa
| $89K | – | – | – |
|
|
LCM
5
Landscape Capital Management
Englewood,
New Jersey
| $38K | – | – | – |
|
|
TJHA
6
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $34K | – | – | – |
|
7
Bank of America
Charlotte,
North Carolina
| $28K | – | – | – |
|
|
8
Citadel Advisors
Miami,
Florida
| $19K | +$20.7K | +12,821 | New |
|
|
EWM
9
Edge Wealth Management
New York
| $15K | – | – | – |
|
10
Morgan Stanley
New York
| $12K | – | – | – |
|
|
LTFS
11
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$22K | -12,111 | Closed |
|
|
13
UBS Group
Zurich,
Switzerland
| – | -$4.92K | -3,049 | -96% |
|
|
14
Wells Fargo
San Francisco,
California
| – | -$1.61K | -1,000 | Closed |
|
RCG Hedge Fund Activity: Q4 2018 in Review
12 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q4 2018, worth a combined $857K — down 31% from $1.25M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RCG and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $20.7K. The largest seller was William Blair & Company, cutting an estimated $202K.
- 12 institutional investors held RENN Fund (RCG) as of Q4 2018, down from 13 in Q3 2018.
- Funds reported $857K of RENN Fund stock for Q4 2018, down 31% quarter-over-quarter.
- 1 fund opened new RENN Fund positions in Q4 2018 and 2 closed out, a net change of -1 holder.
- The largest RENN Fund buyer in Q4 2018 was Citadel Advisors, an estimated $20.7K added.
- The largest RENN Fund seller in Q4 2018 was William Blair & Company, an estimated $202K sold.
Based on aggregated 13F filings for Q4 2018.