RENN Fund
11 hedge funds and large institutions have $338K invested in RENN Fund in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
3.92% less ownership
Funds ownership: 8.39% → 4.47% (-3.9%)
8% less funds holding
Funds holding: 12 → 11 (-1)
37% less capital invested
Capital invested by funds: $539K → $338K (-$201K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$15.4K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$9.77K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$8.7K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$605 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Chase Investment Counsel
Charlottesville,
Virginia
|
-$201K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$55K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$30K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
1
Pecaut & Co
Sioux City,
Iowa
| $109K | – | – | – |
|
|
LCM
2
Landscape Capital Management
Englewood,
New Jersey
| $56K | -$30K | -24,764 | -36% |
|
|
MC
3
Moors & Cabot
Boston,
Massachusetts
| $55K | – | – | – |
|
4
Morgan Stanley
New York
| $27K | – | – | – |
|
|
5
Bank of America
Charlotte,
North Carolina
| $25K | +$605 | +500 | +3% |
|
|
BBPWM
6
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $20K | +$8.7K | +7,195 | +72% |
|
|
VCM
7
Vivaldi Capital Management
Chicago,
Illinois
| $17K | +$15.4K | +12,703 | New |
|
|
8
UBS Group
Zurich,
Switzerland
| $14K | +$9.77K | +8,077 | +315% |
|
|
EWM
9
Edge Wealth Management
New York
| $13K | – | – | – |
|
10
Osaic Holdings
Scottsdale,
Arizona
| $2K | – | – | – |
|
|
CIC
11
Chase Investment Counsel
Charlottesville,
Virginia
| – | -$201K | -186,335 | Closed |
|
|
12
Citadel Advisors
Miami,
Florida
| – | -$55K | -50,479 | Closed |
|
RCG Hedge Fund Activity: Q2 2020 in Review
11 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q2 2020, worth a combined $338K — down 37% from $539K 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 3 added.
The largest buyer was Vivaldi Capital Management, opening a new position worth an estimated $15.4K. The largest seller was Chase Investment Counsel, exiting entirely with an estimated $201K sold.
- 11 institutional investors held RENN Fund (RCG) as of Q2 2020, down from 12 in Q1 2020.
- Funds reported $338K of RENN Fund stock for Q2 2020, down 37% quarter-over-quarter.
- 1 fund opened new RENN Fund positions in Q2 2020 and 2 closed out, a net change of -1 holder.
- The largest RENN Fund buyer in Q2 2020 was Vivaldi Capital Management, an estimated $15.4K added.
- The largest RENN Fund seller in Q2 2020 was Chase Investment Counsel, an estimated $201K sold.
Based on aggregated 13F filings for Q2 2020.