ATRenew
RERE
23 hedge funds and large institutions have $85.3M invested in ATRenew in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 6 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
4.85% less ownership
Funds ownership: 31.67% → 26.82% (-4.9%)
8% less funds holding
Funds holding: 25 → 23 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
49% less capital invested
Capital invested by funds: $169M → $85.3M (-$83.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.25M |
| 2 |
BlackRock
New York
|
+$892K |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$606K |
| 4 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$289K |
| 5 |
D.E. Shaw & Co
New York
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$15.3M |
| 2 |
Tiger Global Management
New York
|
-$8.02M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
-$3.36M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$602K |
| 5 |
Millennium Management
New York
|
-$352K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$205K | -34,572 | Closed |
|
|
GCM
27
Ghisallo Capital Management
Boston,
Massachusetts
| – | -$89K | -15,000 | Closed |
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$86K | -14,488 | Closed |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$481 | -100 | -80% |
|
RERE Hedge Fund Activity: Q1 2022 in Review
23 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in ATRenew (RERE) for Q1 2022, worth a combined $85.3M — down 49% from $169M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RERE and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $1.25M. The largest seller was Pictet Asset Management (Switzerland), exiting entirely with an estimated $15.3M sold.
- 23 institutional investors held ATRenew (RERE) as of Q1 2022, down from 25 in Q4 2021.
- Funds reported $85.3M of ATRenew stock for Q1 2022, down 49% quarter-over-quarter.
- 4 funds opened new ATRenew positions in Q1 2022 and 6 closed out, a net change of -2 holders.
- The largest ATRenew buyer in Q1 2022 was Schroder Investment Management Group, an estimated $1.25M added.
- The largest ATRenew seller in Q1 2022 was Pictet Asset Management (Switzerland), an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2022.