Rent the Runway
RENT
61 hedge funds and large institutions have $15.1M invested in Rent the Runway in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 21 closing their positions.
0.74% less ownership
Funds ownership: 2.83% → 2.09% (-0.74%)
22% less funds holding
Funds holding: 78 → 61 (-17)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
25% less capital invested
Capital invested by funds: $20M → $15.1M (-$4.96M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
81% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$54.8K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$53.2K |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$35.5K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$25.4K |
| 5 |
Renaissance Technologies
New York
|
+$18.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$2.19M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.57M |
| 3 |
WMRU
William Marsh Rice University
Houston,
Texas
|
-$325K |
| 4 |
Morgan Stanley
New York
|
-$192K |
| 5 |
D.E. Shaw & Co
New York
|
-$187K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FF
76
Francis Financial
| – | -$7.56K | -716 | Closed |
|
77
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$6.76K | -710 | -88% |
|
78
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$6.84K | -649 | Closed |
|
79
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$3.96K | -403 | Closed |
|
|
CFFP
80
Center for Financial Planning
Southfied,
Michigan
| – | -$277 | -26 | Closed |
|
81
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$10 | +1 | New |
|
RENT Hedge Fund Activity: Q1 2024 in Review
61 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q1 2024, worth a combined $15.1M — down 25% from $20M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of RENT and 4 opened new positions — a net loss of 17 holders — while 21 trimmed existing stakes and 16 added.
The largest buyer was Panagora Asset Management, adding an estimated $54.8K. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $2.19M sold.
- 61 institutional investors held Rent the Runway (RENT) as of Q1 2024, down from 78 in Q4 2023.
- Funds reported $15.1M of Rent the Runway stock for Q1 2024, down 25% quarter-over-quarter.
- 4 funds opened new Rent the Runway positions in Q1 2024 and 21 closed out, a net change of -17 holders.
- The largest Rent the Runway buyer in Q1 2024 was Panagora Asset Management, an estimated $54.8K added.
- The largest Rent the Runway seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $2.19M sold.
Based on aggregated 13F filings for Q1 2024.