RenaissanceRe
439 hedge funds and large institutions have $12.1B invested in RenaissanceRe in 2024 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 149 increasing their positions, 143 reducing their positions, and 37 closing their positions.
138% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 37
20% more capital invested
Capital invested by funds: $10.1B → $12.1B (+$1.99B)
13% more funds holding
Funds holding: 389 → 439 (+50)
4% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 143
3.02% less ownership
Funds ownership: 100.56% → 97.54% (-3%)
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 |
Fidelity Investments
Boston,
Massachusetts
|
-$100M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$92.3M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$71M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$39.1M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$35M |
RNR Hedge Fund Activity: Q1 2024 in Review
439 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in RenaissanceRe (RNR) for Q1 2024, worth a combined $12.1B — up 20% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new RNR positions and 37 closed out — a net gain of 51 holders — while 149 added to existing stakes and 143 trimmed.
The largest buyer was Impax Asset Management Group, opening a new position worth an estimated $264M. The largest seller was Fidelity Investments, cutting an estimated $100M.
- 439 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 20% quarter-over-quarter.
- 88 funds opened new RenaissanceRe positions in Q1 2024 and 37 closed out, a net change of +51 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 Fidelity Investments, an estimated $100M sold.
Based on aggregated 13F filings for Q1 2024.