Rent the Runway
RENT
100 hedge funds and large institutions have $135M invested in Rent the Runway in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 25 reducing their positions, and 12 closing their positions.
616% more call options, than puts
Call options by funds: $1.84M | Put options by funds: $257K
36% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 25
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
0% more capital invested
Capital invested by funds: $135M → $135M (+$428K)
0.27% more ownership
Funds ownership: 3.58% → 3.85% (+0.27%)
0% more funds holding
Funds holding: 100 → 100 (0)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$9.73M |
| 2 |
D.E. Shaw & Co
New York
|
+$2.39M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$1.75M |
| 4 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$1.73M |
| 5 |
Renaissance Technologies
New York
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.77M |
| 2 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$1.68M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.43M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$1.43M |
| 5 |
Jane Street
New York
|
-$915K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Squarepoint
New York
| – | -$126K | -2,070 | Closed |
|
|
AGM
102
Alpine Global Management
New York
| – | -$93K | -1,526 | Closed |
|
|
LOAMU
103
Lombard Odier Asset Management (USA)
New York
| – | -$74.7K | -1,224 | Closed |
|
|
CSS
104
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$67.3K | -1,103 | Closed |
|
|
ZIM
105
Zacks Investment Management
Chicago,
Illinois
| – | -$44K | -721 | Closed |
|
|
CG
106
Cutler Group
San Francisco,
California
| – | -$5.38K | -77 | -92% |
|
107
Rockefeller Capital Management
New York
| – | -$4K | -70 | Closed |
|
|
HT
108
Headlands Technologies
Chicago,
Illinois
| – | -$3K | -42 | Closed |
|
109
Citigroup
New York
| – | -$970 | -16 | Closed |
|
|
PMFA
110
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$326 | -5 | Closed |
|
|
CS
111
Credit Suisse
Zurich,
Switzerland
| – | -$6 | – | – |
|
|
SC
112
Stephens Consulting
Flint,
Michigan
| – | -$12 | – | – |
|
RENT Hedge Fund Activity: Q1 2023 in Review
100 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q1 2023, worth a combined $135M — up 0.32% from $135M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RENT positions and 12 closed out — a net gain of 2 holders — while 34 added to existing stakes and 25 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $9.73M. The largest seller was Millennium Management, cutting an estimated $1.77M.
- 100 institutional investors held Rent the Runway (RENT) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $135M of Rent the Runway stock for Q1 2023, up 0.32% quarter-over-quarter.
- 14 funds opened new Rent the Runway positions in Q1 2023 and 12 closed out, a net change of +2 holders.
- The largest Rent the Runway buyer in Q1 2023 was T. Rowe Price Investment Management, an estimated $9.73M added.
- The largest Rent the Runway seller in Q1 2023 was Millennium Management, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2023.