RenaissanceRe
300 hedge funds and large institutions have $5.25B invested in RenaissanceRe in 2016 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 94 increasing their positions, 123 reducing their positions, and 27 closing their positions.
52% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 27
20% more call options, than puts
Call options by funds: $1.39M | Put options by funds: $1.16M
14% more capital invested
Capital invested by funds: $4.62B → $5.25B (+$627M)
3% more funds holding
Funds holding: 291 → 300 (+9)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.85% less ownership
Funds ownership: 94.67% → 93.82% (-0.85%)
24% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 123
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$66.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.5M |
| 3 |
Goldman Sachs
New York
|
+$27.3M |
| 4 |
Swiss National Bank
Zurich,
Switzerland
|
+$24.2M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$51.4M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$38.3M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$32.4M |
| 4 |
State Street
Boston,
Massachusetts
|
-$18.2M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$16.1M |
RNR Hedge Fund Activity: Q4 2016 in Review
300 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in RenaissanceRe (RNR) for Q4 2016, worth a combined $5.25B — up 14% from $4.62B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new RNR positions and 27 closed out — a net gain of 14 holders — while 94 added to existing stakes and 123 trimmed.
The largest buyer was Wells Fargo, adding an estimated $66.6M. The largest seller was Hillhouse Investment Management, exiting entirely with an estimated $51.4M sold.
- 300 institutional investors held RenaissanceRe (RNR) as of Q4 2016, up from 291 in Q3 2016.
- Funds reported $5.25B of RenaissanceRe stock for Q4 2016, up 14% quarter-over-quarter.
- 41 funds opened new RenaissanceRe positions in Q4 2016 and 27 closed out, a net change of +14 holders.
- The largest RenaissanceRe buyer in Q4 2016 was Wells Fargo, an estimated $66.6M added.
- The largest RenaissanceRe seller in Q4 2016 was Hillhouse Investment Management, an estimated $51.4M sold.
Based on aggregated 13F filings for Q4 2016.