Rent the Runway
RENT
88 hedge funds and large institutions have $97.3M invested in Rent the Runway in 2022 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 10 closing their positions.
1,300% more call options, than puts
Call options by funds: $2.44M | Put options by funds: $174K
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
6% more funds holding
Funds holding: 83 → 88 (+5)
0.55% less ownership
Funds ownership: 4.14% → 3.59% (-0.55%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
37% less capital invested
Capital invested by funds: $155M → $97.3M (-$57.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$10.6M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$3.33M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.17M |
| 4 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
+$1.29M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$979K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$18.5M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$16.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.87M |
| 5 |
MC
Metavasi Capital
Larchmont,
New York
|
-$1.26M |
RENT Hedge Fund Activity: Q3 2022 in Review
88 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q3 2022, worth a combined $97.3M — down 37% from $155M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RENT positions and 10 closed out — a net gain of 5 holders — while 30 added to existing stakes and 20 trimmed.
The largest buyer was Divisar Capital Management, opening a new position worth an estimated $10.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $18.5M.
- 88 institutional investors held Rent the Runway (RENT) as of Q3 2022, up from 83 in Q2 2022.
- Funds reported $97.3M of Rent the Runway stock for Q3 2022, down 37% quarter-over-quarter.
- 15 funds opened new Rent the Runway positions in Q3 2022 and 10 closed out, a net change of +5 holders.
- The largest Rent the Runway buyer in Q3 2022 was Divisar Capital Management, an estimated $10.6M added.
- The largest Rent the Runway seller in Q3 2022 was T. Rowe Price Associates, an estimated $18.5M sold.
Based on aggregated 13F filings for Q3 2022.