Rent the Runway
RENT
35 hedge funds and large institutions have $11.8M invested in Rent the Runway in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 18 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.04% less ownership
Funds ownership: 33.67% → 33.62% (-0.04%)
33% less funds holding
Funds holding: 52 → 35 (-17)
44% less capital invested
Capital invested by funds: $21.1M → $11.8M (-$9.28M)
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
89% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
+$1.84M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$351K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$200K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$18K |
| 5 |
Morgan Stanley
New York
|
+$13.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$432K |
| 2 |
Nisa Investment Advisors
St. Louis,
Missouri
|
-$308K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$304K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$293K |
| 5 |
YIH
Y-Intercept (HK)
Hong Kong
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1.42K | -81 | Closed |
|
52
New York State Common Retirement Fund
Albany,
New York
| – | -$387 | -22 | Closed |
|
RENT Hedge Fund Activity: Q3 2024 in Review
35 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q3 2024, worth a combined $11.8M — down 44% from $21.1M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of RENT and 2 opened new positions — a net loss of 16 holders — while 11 trimmed existing stakes and 4 added.
The largest buyer was CastleKnight Management, adding an estimated $1.84M. The largest seller was Millennium Management, cutting an estimated $432K.
- 35 institutional investors held Rent the Runway (RENT) as of Q3 2024, down from 52 in Q2 2024.
- Funds reported $11.8M of Rent the Runway stock for Q3 2024, down 44% quarter-over-quarter.
- 2 funds opened new Rent the Runway positions in Q3 2024 and 18 closed out, a net change of -16 holders.
- The largest Rent the Runway buyer in Q3 2024 was CastleKnight Management, an estimated $1.84M added.
- The largest Rent the Runway seller in Q3 2024 was Millennium Management, an estimated $432K sold.
Based on aggregated 13F filings for Q3 2024.