RenaissanceRe
436 hedge funds and large institutions have $12.1B invested in RenaissanceRe in 2024 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 150 increasing their positions, 142 reducing their positions, and 37 closing their positions.
130% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 37
18% more capital invested
Capital invested by funds: $10.2B → $12.1B (+$1.88B)
12% more funds holding
Funds holding: 389 → 436 (+47)
6% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 142
4% less ownership
Funds ownership: 101.45% → 97.44% (-4%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
39% less call options, than puts
Call options by funds: $21.2M | Put options by funds: $34.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
+$264M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$48.2M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$37.5M |
| 4 |
BlackRock
New York
|
+$37.1M |
| 5 |
Bank of New York Mellon
New York
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$111M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$100M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$92.3M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$71M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$39.1M |
RNR Hedge Fund Activity: Q1 2024 in Review
436 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in RenaissanceRe (RNR) for Q1 2024, worth a combined $12.1B — up 18% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new RNR positions and 37 closed out — a net gain of 48 holders — while 150 added to existing stakes and 142 trimmed.
The largest buyer was Impax Asset Management Group, opening a new position worth an estimated $264M. The largest seller was Morgan Stanley, cutting an estimated $111M.
- 436 institutional investors held RenaissanceRe (RNR) as of Q1 2024, up from 389 in Q4 2023.
- Funds reported $12.1B of RenaissanceRe stock for Q1 2024, up 18% quarter-over-quarter.
- 85 funds opened new RenaissanceRe positions in Q1 2024 and 37 closed out, a net change of +48 holders.
- The largest RenaissanceRe buyer in Q1 2024 was Impax Asset Management Group, an estimated $264M added.
- The largest RenaissanceRe seller in Q1 2024 was Morgan Stanley, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2024.