RENN Fund
8 hedge funds and large institutions have $649K invested in RENN Fund in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, reducing their positions, and 2 closing their positions.
0.57% less ownership
Funds ownership: 9.9% → 9.33% (-0.57%)
11% less funds holding
Funds holding: 9 → 8 (-1)
14% less capital invested
Capital invested by funds: $754K → $649K (-$105K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Pecaut & Co
Sioux City,
Iowa
|
+$4.58K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$154 |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$92 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$39K |
| 2 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
1
Chase Investment Counsel
Charlottesville,
Virginia
| $290K | – | – | – |
|
|
LCM
2
Landscape Capital Management
Englewood,
New Jersey
| $150K | – | – | – |
|
|
PC
3
Pecaut & Co
Sioux City,
Iowa
| $126K | +$4.58K | +3,000 | +4% |
|
4
Morgan Stanley
New York
| $33K | – | – | – |
|
|
5
Bank of America
Charlotte,
North Carolina
| $30K | +$154 | +101 | +0.5% |
|
|
EWM
6
Edge Wealth Management
New York
| $16K | – | – | – |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$39K | -23,071 | Closed |
|
|
CFB
9
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$9K | -5,400 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | +$92 | +60 | New |
|
RCG Hedge Fund Activity: Q2 2019 in Review
8 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q2 2019, worth a combined $649K — down 14% from $754K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RCG and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.
The largest buyer was Pecaut & Co, adding an estimated $4.58K. The largest seller was Citadel Advisors, exiting entirely with an estimated $39K sold.
- 8 institutional investors held RENN Fund (RCG) as of Q2 2019, down from 9 in Q1 2019.
- Funds reported $649K of RENN Fund stock for Q2 2019, down 14% quarter-over-quarter.
- 1 fund opened new RENN Fund positions in Q2 2019 and 2 closed out, a net change of -1 holder.
- The largest RENN Fund buyer in Q2 2019 was Pecaut & Co, an estimated $4.58K added.
- The largest RENN Fund seller in Q2 2019 was Citadel Advisors, an estimated $39K sold.
Based on aggregated 13F filings for Q2 2019.