RenaissanceRe
256 hedge funds and large institutions have $3.96B invested in RenaissanceRe in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 80 increasing their positions, 106 reducing their positions, and 29 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less funds holding
Funds holding: 266 → 256 (-10)
6.06% less ownership
Funds ownership: 104.02% → 97.95% (-6.1%)
12% less capital invested
Capital invested by funds: $4.51B → $3.96B (-$554M)
23% less call options, than puts
Call options by funds: $3.12M | Put options by funds: $4.04M
25% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 106
31% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
TCTC Holdings
Dallas,
Texas
|
+$15.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$10.3M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$10M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.27M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$56M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$44.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$34.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.1M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$21.6M |
RNR Hedge Fund Activity: Q3 2014 in Review
256 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in RenaissanceRe (RNR) for Q3 2014, worth a combined $3.96B — down 12% from $4.51B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of RNR and 20 opened new positions — a net loss of 9 holders — while 106 trimmed existing stakes and 80 added.
The largest buyer was TCTC Holdings, opening a new position worth an estimated $15.4M. The largest seller was Perkins Investment Management, cutting an estimated $56M.
- 256 institutional investors held RenaissanceRe (RNR) as of Q3 2014, down from 266 in Q2 2014.
- Funds reported $3.96B of RenaissanceRe stock for Q3 2014, down 12% quarter-over-quarter.
- 20 funds opened new RenaissanceRe positions in Q3 2014 and 29 closed out, a net change of -9 holders.
- The largest RenaissanceRe buyer in Q3 2014 was TCTC Holdings, an estimated $15.4M added.
- The largest RenaissanceRe seller in Q3 2014 was Perkins Investment Management, an estimated $56M sold.
Based on aggregated 13F filings for Q3 2014.