ReNew
87 hedge funds and large institutions have $1.03B invested in ReNew in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 11 closing their positions.
604% more call options, than puts
Call options by funds: $1.55M | Put options by funds: $220K
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
43% more capital invested
Capital invested by funds: $724M → $1.03B (+$308M)
12% more funds holding
Funds holding: 78 → 87 (+9)
0.62% more ownership
Funds ownership: 58.81% → 59.42% (+0.62%)
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.1M |
| 2 |
BlackRock
New York
|
+$7.03M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.67M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$3.22M |
| 5 |
TIAM
TT International Asset Management
London,
United Kingdom
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$12.1M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$4.54M |
| 3 |
Swedbank
Stockholm,
Sweden
|
-$3.77M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.25M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.87M |
RNW Hedge Fund Activity: Q4 2023 in Review
87 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in ReNew (RNW) for Q4 2023, worth a combined $1.03B — up 43% from $724M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new RNW positions and 11 closed out — a net gain of 10 holders — while 25 added to existing stakes and 31 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.1M. The largest seller was Aberdeen Group, cutting an estimated $12.1M.
- 87 institutional investors held ReNew (RNW) as of Q4 2023, up from 78 in Q3 2023.
- Funds reported $1.03B of ReNew stock for Q4 2023, up 43% quarter-over-quarter.
- 21 funds opened new ReNew positions in Q4 2023 and 11 closed out, a net change of +10 holders.
- The largest ReNew buyer in Q4 2023 was Morgan Stanley, an estimated $36.1M added.
- The largest ReNew seller in Q4 2023 was Aberdeen Group, an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2023.