Rent the Runway
RENT
79 hedge funds and large institutions have $26.8M invested in Rent the Runway in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 26 reducing their positions, and 13 closing their positions.
261% more call options, than puts
Call options by funds: $361K | Put options by funds: $100K
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
0.48% less ownership
Funds ownership: 3.47% → 2.99% (-0.48%)
2% less funds holding
Funds holding: 81 → 79 (-2)
38% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 26
70% less capital invested
Capital invested by funds: $88.2M → $26.8M (-$61.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$403K |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
+$185K |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$180K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$138K |
| 5 |
Squarepoint
New York
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$2.62M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$2.43M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$959K |
| 4 |
D.E. Shaw & Co
New York
|
-$801K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$415K |
RENT Hedge Fund Activity: Q3 2023 in Review
79 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q3 2023, worth a combined $26.8M — down 70% from $88.2M a quarter earlier.
Fund positioning in RENT was balanced in Q3 2023: 13 funds opened new positions, 13 closed out, 16 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $403K. The largest seller was Divisar Capital Management, cutting an estimated $2.62M.
- 79 institutional investors held Rent the Runway (RENT) as of Q3 2023, down from 81 in Q2 2023.
- Funds reported $26.8M of Rent the Runway stock for Q3 2023, down 70% quarter-over-quarter.
- 13 funds opened new Rent the Runway positions in Q3 2023 and 13 closed out, a net change of 0 holders.
- The largest Rent the Runway buyer in Q3 2023 was Morgan Stanley, an estimated $403K added.
- The largest Rent the Runway seller in Q3 2023 was Divisar Capital Management, an estimated $2.62M sold.
Based on aggregated 13F filings for Q3 2023.