RENN Fund
9 hedge funds and large institutions have $1.18M invested in RENN Fund in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, reducing their positions, and 3 closing their positions.
90% more capital invested
Capital invested by funds: $620K → $1.18M (+$559K)
1.45% more ownership
Funds ownership: 6.08% → 7.52% (+1.4%)
10% less funds holding
Funds holding: 10 → 9 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$130K |
| 2 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$125K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$53.3K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.12K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.22K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCS
Levin Capital Strategies
New York
|
-$51K |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$22K |
| 3 |
VF
Virtu Financial
New York
|
-$18K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HKAM
1
Horizon Kinetics Asset Management
New York
| $368K | +$130K | +57,175 | +69% |
|
|
MC
2
Moors & Cabot
Boston,
Massachusetts
| $278K | +$125K | +55,000 | +110% |
|
|
PC
3
Pecaut & Co
Sioux City,
Iowa
| $226K | – | – | – |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $180K | +$53.3K | +23,500 | +52% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $69K | +$6.12K | +2,697 | +11% |
|
6
Morgan Stanley
New York
| $55K | – | – | – |
|
|
SPIA
7
Steward Partners Investment Advisory
New York
| $1.42K | +$1.22K | +540 | New |
|
8
Wells Fargo
San Francisco,
California
| $1K | +$453 | +200 | +20,000% |
|
9
UBS Group
Zurich,
Switzerland
| $1K | +$571 | +252 | New |
|
|
LCS
10
Levin Capital Strategies
New York
| – | -$51K | -30,000 | Closed |
|
|
VCM
11
Vivaldi Capital Management
Chicago,
Illinois
| – | -$22K | -12,703 | Closed |
|
|
VF
12
Virtu Financial
New York
| – | -$18K | -10,506 | Closed |
|
RCG Hedge Fund Activity: Q1 2021 in Review
9 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in RENN Fund (RCG) for Q1 2021, worth a combined $1.18M — up 90% from $620K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of RCG and 2 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 5 added.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $130K. The largest seller was Levin Capital Strategies, exiting entirely with an estimated $51K sold.
- 9 institutional investors held RENN Fund (RCG) as of Q1 2021, down from 10 in Q4 2020.
- Funds reported $1.18M of RENN Fund stock for Q1 2021, up 90% quarter-over-quarter.
- 2 funds opened new RENN Fund positions in Q1 2021 and 3 closed out, a net change of -1 holder.
- The largest RENN Fund buyer in Q1 2021 was Horizon Kinetics Asset Management, an estimated $130K added.
- The largest RENN Fund seller in Q1 2021 was Levin Capital Strategies, an estimated $51K sold.
Based on aggregated 13F filings for Q1 2021.