Rent the Runway
RENT
61 hedge funds and large institutions have $9.8M 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.
14.45% less ownership
Funds ownership: 56.22% → 41.77% (-14%)
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 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
96% less capital inflows, than outflows
Capital inflows: $226K | Capital outflows: $5.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
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
|
+$18.8K |
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 |
William Marsh Rice University
Houston,
Texas
|
-$325K |
| 4 |
D.E. Shaw & Co
New York
|
-$187K |
| 5 |
GSA Capital Partners
London,
United Kingdom
|
-$146K |
RENT Hedge Fund Activity: Q1 2024 in Review
61 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Rent the Runway (RENT) for Q1 2024, worth a combined $9.8M — down 51% from $19.9M 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 $9.8M of Rent the Runway stock for Q1 2024, down 51% 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.