RenaissanceRe
325 hedge funds and large institutions have $5.12B invested in RenaissanceRe in 2017 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 99 increasing their positions, 125 reducing their positions, and 36 closing their positions.
25% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 36
1.79% more ownership
Funds ownership: 92.23% → 94.02% (+1.8%)
1% more funds holding
Funds holding: 322 → 325 (+3)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less capital invested
Capital invested by funds: $5.21B → $5.12B (-$91.9M)
21% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 125
75% less call options, than puts
Call options by funds: $1.83M | Put options by funds: $7.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$73.8M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$59.3M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$39.9M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$23.6M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$62.5M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$42.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$14.3M |
| 5 |
LCM
Lomas Capital Management
New York
|
-$12.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SM
351
Sciencast Management
Princeton,
New Jersey
| – | -$203K | -1,458 | Closed |
|
|
ACM
352
Americafirst Capital Management
Roseville,
California
| – | -$161K | -1,160 | Closed |
|
353
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$125K | -900 | Closed |
|
354
Creative Planning
Overland Park,
Kansas
| – | -$63K | -454 | Closed |
|
|
AIL
355
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$45K | -320 | Closed |
|
|
TRCT
356
Tower Research Capital (TRC)
New York
| – | -$42K | -300 | Closed |
|
357
Twin Tree Management
Dallas,
Texas
| – | -$20K | -147 | Closed |
|
|
PSUF
358
People's United Financial
Bridgeport,
Connecticut
| – | -$7K | -47 | Closed |
|
|
NA
359
NewEdge Advisors
New Orleans,
Louisiana
| – | -$1.41K | -10 | Closed |
|
RNR Hedge Fund Activity: Q3 2017 in Review
325 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in RenaissanceRe (RNR) for Q3 2017, worth a combined $5.12B — down 1.8% from $5.21B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new RNR positions and 36 closed out — a net gain of 9 holders — while 99 added to existing stakes and 125 trimmed.
The largest buyer was Capital World Investors, adding an estimated $73.8M. The largest seller was Fidelity Investments, cutting an estimated $62.5M.
- 325 institutional investors held RenaissanceRe (RNR) as of Q3 2017, up from 322 in Q2 2017.
- Funds reported $5.12B of RenaissanceRe stock for Q3 2017, down 1.8% quarter-over-quarter.
- 45 funds opened new RenaissanceRe positions in Q3 2017 and 36 closed out, a net change of +9 holders.
- The largest RenaissanceRe buyer in Q3 2017 was Capital World Investors, an estimated $73.8M added.
- The largest RenaissanceRe seller in Q3 2017 was Fidelity Investments, an estimated $62.5M sold.
Based on aggregated 13F filings for Q3 2017.