Rent the Runway
RENT
78 hedge funds and large institutions have $20M invested in Rent the Runway in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 11 closing their positions.
292% more call options, than puts
Call options by funds: $247K | Put options by funds: $63K
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
0.16% less ownership
Funds ownership: 2.99% → 2.83% (-0.16%)
1% less funds holding
Funds holding: 79 → 78 (-1)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
25% less capital invested
Capital invested by funds: $26.8M → $20M (-$6.77M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$1.84M |
| 2 |
CM
CastleKnight Management
New York
|
+$254K |
| 3 |
BlackRock
New York
|
+$130K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$113K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$1.9M |
| 2 |
Squarepoint
New York
|
-$143K |
| 3 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$134K |
| 4 |
JGC
J. Goldman & Co
New York
|
-$129K |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$88.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
76
SignatureFD
Atlanta,
Georgia
| $32 | – | – | – |
|
77
Comerica Bank
Dallas,
Texas
| $29 | – | – | – |
|
|
DCM
78
Divisar Capital Management
San Francisco,
California
| – | -$1.9M | -139,757 | Closed |
|
|
79
Squarepoint
New York
| – | -$143K | -10,516 | Closed |
|
|
QOP
80
Quinn Opportunity Partners
Charlottesville,
Virginia
| – | -$134K | -9,878 | Closed |
|
|
JGC
81
J. Goldman & Co
New York
| – | -$129K | -9,450 | Closed |
|
|
WP
82
Woodline Partners
San Francisco,
California
| – | -$88.2K | -6,480 | Closed |
|
|
LCM
83
Landscape Capital Management
Englewood,
New Jersey
| – | -$65.7K | -4,827 | Closed |
|
84
Belvedere Trading
Chicago,
Illinois
| – | -$29.3K | -2,148 | Closed |
|
|
HCM
85
Hodges Capital Management
Dallas,
Texas
| – | -$7K | -500 | Closed |
|
|
CG
86
Cutler Group
San Francisco,
California
| – | -$741 | -60 | -63% |
|
|
NFSG
87
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$579 | -43 | Closed |
|
88
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$425 | -31 | Closed |
|
89
Creative Planning
Overland Park,
Kansas
| – | -$205 | -15 | Closed |
|
RENT Hedge Fund Activity: Q4 2023 in Review
78 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q4 2023, worth a combined $20M — down 25% from $26.8M a quarter earlier.
Fund positioning in RENT was balanced in Q4 2023: 11 funds opened new positions, 11 closed out, 25 added to existing stakes and 16 trimmed.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $1.84M. The largest seller was Divisar Capital Management, exiting entirely with an estimated $1.9M sold.
- 78 institutional investors held Rent the Runway (RENT) as of Q4 2023, down from 79 in Q3 2023.
- Funds reported $20M of Rent the Runway stock for Q4 2023, down 25% quarter-over-quarter.
- 11 funds opened new Rent the Runway positions in Q4 2023 and 11 closed out, a net change of 0 holders.
- The largest Rent the Runway buyer in Q4 2023 was Russell Investments Group, an estimated $1.84M added.
- The largest Rent the Runway seller in Q4 2023 was Divisar Capital Management, an estimated $1.9M sold.
Based on aggregated 13F filings for Q4 2023.