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RENT

Rent the Runway

81 hedge funds and large institutions have $88.2M invested in Rent the Runway in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

661% more call options, than puts

Call options by funds: $1.02M | Put options by funds: $134K

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.38% less ownership

Funds ownership: 3.85%3.47% (-0.38%)

11% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 27

19% less funds holding

Funds holding: 10081 (-19)

35% less capital invested

Capital invested by funds: $135M → $88.2M (-$46.9M)

78% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 23

Holders
81
Holders Change
-19
Holders Change %
-19%
% of All Funds
1.27%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
5
Increased
24
Reduced
27
Closed
23
Calls
$1.02M
Puts
$134K
Net Calls
+$886K
Net Calls Change
-$696K
Name Holding Trade Value Shares
Change
Change in
Stake
BCVI
1
Bain Capital Venture Investors
Massachusetts
$16.2M
DCM
2
Divisar Capital Management
California
$9.17M +$102K +2,080 +0.9%
T. Rowe Price Investment Management
3
T. Rowe Price Investment Management
Maryland
$8.54M
TCMV
4
Technology Crossover Management VIII
California
$7.82M
AM
5
Ares Management
California
$6.71M
BlackRock
6
BlackRock
New York
$6.29M +$1.12M +22,685 +17%
Vanguard Group
7
Vanguard Group
Pennsylvania
$5.54M -$148K -3,001 -2%
KXA
8
KPCB XIV Associates
California
$4.02M
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$3.56M +$85.7K +1,741 +2%
Franklin Resources
10
Franklin Resources
California
$2.43M -$247K -5,020 -8%
State Street
11
State Street
Massachusetts
$2.05M +$62K +1,258 +2%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$1.85M +$105K +2,128 +5%
JGC
13
J. Goldman & Co
New York
$1.71M +$1.67M +33,926 +369%
Temasek Holdings
14
Temasek Holdings
Singapore
$1.44M
WMRU
15
William Marsh Rice University
Texas
$1.22M
Northern Trust
16
Northern Trust
Illinois
$752K -$16.3K -330 -2%
GCP
17
GSA Capital Partners
United Kingdom
$704K +$754K +15,304 +616%
Charles Schwab
18
Charles Schwab
California
$684K +$8.81K +179 +1%
Marshall Wace
19
Marshall Wace
United Kingdom
$610K -$3.06M -62,184 -80%
Goldman Sachs
20
Goldman Sachs
New York
$597K +$161K +3,278 +28%
AL
21
ACME LLC
California
$581K
Renaissance Technologies
22
Renaissance Technologies
New York
$424K -$811K -16,475 -61%
XT
23
XTX Topco
Cayman Islands
$412K +$180K +3,645 +54%
BCM
24
Bridgeway Capital Management
Texas
$403K
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$398K +$245K +4,971 +98%

RENT Hedge Fund Activity: Q2 2023 in Review

81 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q2 2023, worth a combined $88.2M — down 35% from $135M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of RENT and 5 opened new positions — a net loss of 18 holders — while 27 trimmed existing stakes and 24 added.

The largest buyer was J. Goldman & Co, adding an estimated $1.67M. The largest seller was Marshall Wace, cutting an estimated $3.06M.

  • 81 institutional investors held Rent the Runway (RENT) as of Q2 2023, down from 100 in Q1 2023.
  • Funds reported $88.2M of Rent the Runway stock for Q2 2023, down 35% quarter-over-quarter.
  • 5 funds opened new Rent the Runway positions in Q2 2023 and 23 closed out, a net change of -18 holders.
  • The largest Rent the Runway buyer in Q2 2023 was J. Goldman & Co, an estimated $1.67M added.
  • The largest Rent the Runway seller in Q2 2023 was Marshall Wace, an estimated $3.06M sold.

Based on aggregated 13F filings for Q2 2023.