Rent the Runway
RENT
52 hedge funds and large institutions have $21.1M invested in Rent the Runway in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 4 increasing their positions, 20 reducing their positions, and 32 closing their positions.
40% more capital invested
Capital invested by funds: $15.1M → $21.1M (+$6.03M)
31.58% more ownership
Funds ownership: 2.09% → 33.67% (+32%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
15% less funds holding
Funds holding: 61 → 52 (-9)
28% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 32
80% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.06M |
| 2 |
Nisa Investment Advisors
St. Louis,
Missouri
|
+$318K |
| 3 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$303K |
| 4 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$235K |
| 5 |
YIH
Y-Intercept (HK)
Hong Kong
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.01M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$553K |
| 3 |
Goldman Sachs
New York
|
-$550K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$436K |
| 5 |
State Street
Boston,
Massachusetts
|
-$359K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$2.02K | -292 | Closed |
|
77
Legal & General Group
London,
United Kingdom
| – | -$1.72K | -248 | Closed |
|
|
AIP
78
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$1.22K | -177 | Closed |
|
|
AB
79
Amalgamated Bank
New York
| – | -$1K | -82 | Closed |
|
80
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$547 | -78 | Closed |
|
81
Comerica Bank
Dallas,
Texas
| – | -$19 | -3 | Closed |
|
|
AWM
82
Avior Wealth Management
Omaha,
Nebraska
| – | -$3 | -1 | Closed |
|
|
CAL
83
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$127 | +7 | New |
|
RENT Hedge Fund Activity: Q2 2024 in Review
52 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q2 2024, worth a combined $21.1M — up 40% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of RENT and 23 opened new positions — a net loss of 9 holders — while 20 trimmed existing stakes and 4 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.06M. The largest seller was BlackRock, cutting an estimated $2.01M.
- 52 institutional investors held Rent the Runway (RENT) as of Q2 2024, down from 61 in Q1 2024.
- Funds reported $21.1M of Rent the Runway stock for Q2 2024, up 40% quarter-over-quarter.
- 23 funds opened new Rent the Runway positions in Q2 2024 and 32 closed out, a net change of -9 holders.
- The largest Rent the Runway buyer in Q2 2024 was Millennium Management, an estimated $1.06M added.
- The largest Rent the Runway seller in Q2 2024 was BlackRock, an estimated $2.01M sold.
Based on aggregated 13F filings for Q2 2024.