RenaissanceRe
359 hedge funds and large institutions have $6.11B invested in RenaissanceRe in 2020 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 118 increasing their positions, 133 reducing their positions, and 54 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
7% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 54
1.72% less ownership
Funds ownership: 94.27% → 92.55% (-1.7%)
2% less funds holding
Funds holding: 368 → 359 (-9)
11% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 133
25% less capital invested
Capital invested by funds: $8.15B → $6.11B (-$2.05B)
83% less call options, than puts
Call options by funds: $4.64M | Put options by funds: $27.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$141M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$53.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$33.3M |
| 5 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$59.3M |
| 2 |
BlackRock
New York
|
-$42.9M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$27.3M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$27.1M |
| 5 |
Janus Henderson Group
London,
|
-$19.9M |
RNR Hedge Fund Activity: Q1 2020 in Review
359 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in RenaissanceRe (RNR) for Q1 2020, worth a combined $6.11B — down 25% from $8.15B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of RNR and 50 opened new positions — a net loss of 4 holders — while 133 trimmed existing stakes and 118 added.
The largest buyer was TimesSquare Capital Management, adding an estimated $141M. The largest seller was Lord, Abbett & Co, cutting an estimated $59.3M.
- 359 institutional investors held RenaissanceRe (RNR) as of Q1 2020, down from 368 in Q4 2019.
- Funds reported $6.11B of RenaissanceRe stock for Q1 2020, down 25% quarter-over-quarter.
- 50 funds opened new RenaissanceRe positions in Q1 2020 and 54 closed out, a net change of -4 holders.
- The largest RenaissanceRe buyer in Q1 2020 was TimesSquare Capital Management, an estimated $141M added.
- The largest RenaissanceRe seller in Q1 2020 was Lord, Abbett & Co, an estimated $59.3M sold.
Based on aggregated 13F filings for Q1 2020.