Renasant Corp
RNST
151 hedge funds and large institutions have $848M invested in Renasant Corp in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 59 increasing their positions, 46 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
28% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 46
3% more funds holding
Funds holding: 147 → 151 (+4)
2% less capital invested
Capital invested by funds: $864M → $848M (-$15.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$17M |
| 2 |
Goldman Sachs
New York
|
+$10.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$4.82M |
| 4 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$4.81M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$12.4M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$12M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$6.38M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$3M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.14M |
RNST Hedge Fund Activity: Q1 2016 in Review
151 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Renasant Corp (RNST) for Q1 2016, worth a combined $848M — down 1.8% from $864M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RNST positions and 11 closed out — a net gain of 5 holders — while 59 added to existing stakes and 46 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $17M. The largest seller was Citadel Advisors, exiting entirely with an estimated $12.4M sold.
- 151 institutional investors held Renasant Corp (RNST) as of Q1 2016, up from 147 in Q4 2015.
- Funds reported $848M of Renasant Corp stock for Q1 2016, down 1.8% quarter-over-quarter.
- 16 funds opened new Renasant Corp positions in Q1 2016 and 11 closed out, a net change of +5 holders.
- The largest Renasant Corp buyer in Q1 2016 was Manulife (Manufacturers Life Insurance), an estimated $17M added.
- The largest Renasant Corp seller in Q1 2016 was Citadel Advisors, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2016.