RenaissanceRe
285 hedge funds and large institutions have $4.45B invested in RenaissanceRe in 2015 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 103 increasing their positions, 111 reducing their positions, and 36 closing their positions.
79% more call options, than puts
Call options by funds: $3.06M | Put options by funds: $1.71M
2% more capital invested
Capital invested by funds: $4.36B → $4.45B (+$98.6M)
7% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 111
2.02% less ownership
Funds ownership: 93.4% → 91.38% (-2%)
4% less funds holding
Funds holding: 297 → 285 (-12)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
31% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$49.6M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$39.1M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$17.7M |
| 4 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
+$17.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$62.9M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$40.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$25.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$22.7M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$22.3M |
RNR Hedge Fund Activity: Q3 2015 in Review
285 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in RenaissanceRe (RNR) for Q3 2015, worth a combined $4.45B — up 2.3% from $4.36B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of RNR and 25 opened new positions — a net loss of 11 holders — while 111 trimmed existing stakes and 103 added.
The largest buyer was Lord, Abbett & Co, adding an estimated $49.6M. The largest seller was Millennium Management, cutting an estimated $62.9M.
- 285 institutional investors held RenaissanceRe (RNR) as of Q3 2015, down from 297 in Q2 2015.
- Funds reported $4.45B of RenaissanceRe stock for Q3 2015, up 2.3% quarter-over-quarter.
- 25 funds opened new RenaissanceRe positions in Q3 2015 and 36 closed out, a net change of -11 holders.
- The largest RenaissanceRe buyer in Q3 2015 was Lord, Abbett & Co, an estimated $49.6M added.
- The largest RenaissanceRe seller in Q3 2015 was Millennium Management, an estimated $62.9M sold.
Based on aggregated 13F filings for Q3 2015.