Rent the Runway
RENT
72 hedge funds and large institutions have $316M invested in Rent the Runway in 2022 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 24 closing their positions.
573% more call options, than puts
Call options by funds: $21.3M | Put options by funds: $3.17M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
0.17% more ownership
Funds ownership: 3.66% → 3.83% (+0.17%)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
4% less funds holding
Funds holding: 75 → 72 (-3)
11% less capital invested
Capital invested by funds: $357M → $316M (-$40.4M)
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.04M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.65M |
| 3 |
WMRU
William Marsh Rice University
Houston,
Texas
|
+$3.61M |
| 4 |
AL
ACME LLC
San Francisco,
California
|
+$3.44M |
| 5 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$2.58M |
| 2 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$1.63M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$932K |
| 4 |
Walleye Capital
New York
|
-$865K |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$827K |
RENT Hedge Fund Activity: Q1 2022 in Review
72 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q1 2022, worth a combined $316M — down 11% from $357M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of RENT and 21 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 17 added.
The largest buyer was Balyasny Asset Management, adding an estimated $4.04M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $2.58M sold.
- 72 institutional investors held Rent the Runway (RENT) as of Q1 2022, down from 75 in Q4 2021.
- Funds reported $316M of Rent the Runway stock for Q1 2022, down 11% quarter-over-quarter.
- 21 funds opened new Rent the Runway positions in Q1 2022 and 24 closed out, a net change of -3 holders.
- The largest Rent the Runway buyer in Q1 2022 was Balyasny Asset Management, an estimated $4.04M added.
- The largest Rent the Runway seller in Q1 2022 was Two Sigma Investments, an estimated $2.58M sold.
Based on aggregated 13F filings for Q1 2022.