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RERE

ATRenew

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.

New
Increased
Maintained
Reduced
Closed

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: 2523 (-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: 10 (-1)

Holders
23
Holders Change
-2
Holders Change %
-8%
% of All Funds
0.36%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
4
Increased
7
Reduced
6
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Tiger Global Management
1
Tiger Global Management
New York
$53M -$8.02M -1,666,610 -10%
YCM
2
Yiheng Capital Management
California
$14.8M
TPC
3
Tiger Pacific Capital
New York
$7.33M
BlackRock
4
BlackRock
New York
$2.43M +$892K +185,409 +37%
GAMH
5
Greenwoods Asset Management (HK)
Hong Kong
$1.86M
HSBC Holdings
6
HSBC Holdings
United Kingdom
$1.78M +$606K +126,029 +38%
Schroder Investment Management Group
7
Schroder Investment Management Group
United Kingdom
$946K +$1.25M +260,738 New
Fidelity Investments
8
Fidelity Investments
Massachusetts
$930K -$611 -127 -0%
Norges Bank
9
Norges Bank
Norway
$687K
PGCM
10
Prescott Group Capital Management
Oklahoma
$404K +$289K +60,100 +112%
PCM
11
Penserra Capital Management
California
$315K -$39.3K -8,160 -8%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$215K +$164K +34,135 +129%
Morgan Stanley
13
Morgan Stanley
New York
$143K +$146K +30,364 +304%
IAMH
14
IvyRock Asset Management (HK)
Hong Kong
$106K
TI
15
Tidal Investments
Wisconsin
$96K +$130K +27,021 New
Citadel Advisors
16
Citadel Advisors
Florida
$87K -$602K -125,072 -84%
TRCT
17
Tower Research Capital (TRC)
New York
$59K +$80.8K +16,794 New
Jane Street
18
Jane Street
New York
$46K -$156K -32,331 -71%
Squarepoint
19
Squarepoint
New York
$45K +$60.8K +12,631 New
First Manhattan
20
First Manhattan
New York
$17K
Citigroup
21
Citigroup
New York
$4K +$1.53K +318 +45%
Bank of America
22
Bank of America
North Carolina
$1K +$548 +114 +38%
PAMS
23
Pictet Asset Management (Switzerland)
Switzerland
-$15.3M -2,582,954 Closed
B
24
Barings
North Carolina
-$3.36M -565,488 Closed
Millennium Management
25
Millennium Management
New York
-$352K -59,205 Closed

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.