Rent the Runway
RENT
83 hedge funds and large institutions have $155M invested in Rent the Runway in 2022 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 38 increasing their positions, 9 reducing their positions, and 9 closing their positions.
916% more call options, than puts
Call options by funds: $7.49M | Put options by funds: $737K
322% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 9
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
15% more funds holding
Funds holding: 72 → 83 (+11)
0.31% more ownership
Funds ownership: 3.83% → 4.14% (+0.31%)
51% less capital invested
Capital invested by funds: $316M → $155M (-$161M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.25M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$4.52M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.23M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.85M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$8M |
| 2 |
TCP
ThornTree Capital Partners
Boston,
Massachusetts
|
-$7.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.29M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.63M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.41M |
RENT Hedge Fund Activity: Q2 2022 in Review
83 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q2 2022, worth a combined $155M — down 51% from $316M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new RENT positions and 9 closed out — a net gain of 13 holders — while 38 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $6.25M. The largest seller was Franklin Resources, cutting an estimated $8M.
- 83 institutional investors held Rent the Runway (RENT) as of Q2 2022, up from 72 in Q1 2022.
- Funds reported $155M of Rent the Runway stock for Q2 2022, down 51% quarter-over-quarter.
- 22 funds opened new Rent the Runway positions in Q2 2022 and 9 closed out, a net change of +13 holders.
- The largest Rent the Runway buyer in Q2 2022 was BlackRock, an estimated $6.25M added.
- The largest Rent the Runway seller in Q2 2022 was Franklin Resources, an estimated $8M sold.
Based on aggregated 13F filings for Q2 2022.