ReNew
RNW
80 hedge funds and large institutions have $790M invested in ReNew in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 21 closing their positions.
858% more call options, than puts
Call options by funds: $25.3M | Put options by funds: $2.65M
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
4% more funds holding
Funds holding: 77 → 80 (+3)
0% less capital invested
Capital invested by funds: $790M → $790M (-$142K)
1.13% less ownership
Funds ownership: 50.89% → 49.76% (-1.1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$31.4M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$5.76M |
| 3 |
CSCSIM
Clear Sky Carbon Solutions Investment Management
Bellaire,
Texas
|
+$2.49M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.07M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIAM
TT International Asset Management
London,
United Kingdom
|
-$39.9M |
| 2 |
ZP
Zimmer Partners
New York
|
-$12.6M |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$4.25M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$3.42M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.99M |
RNW Hedge Fund Activity: Q1 2023 in Review
80 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in ReNew (RNW) for Q1 2023, worth a combined $790M — down 0.02% from $790M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new RNW positions and 21 closed out — a net gain of 5 holders — while 26 added to existing stakes and 16 trimmed.
The largest buyer was Rubric Capital Management (New York), adding an estimated $31.4M. The largest seller was TT International Asset Management, exiting entirely with an estimated $39.9M sold.
- 80 institutional investors held ReNew (RNW) as of Q1 2023, up from 77 in Q4 2022.
- Funds reported $790M of ReNew stock for Q1 2023, down 0.02% quarter-over-quarter.
- 26 funds opened new ReNew positions in Q1 2023 and 21 closed out, a net change of +5 holders.
- The largest ReNew buyer in Q1 2023 was Rubric Capital Management (New York), an estimated $31.4M added.
- The largest ReNew seller in Q1 2023 was TT International Asset Management, an estimated $39.9M sold.
Based on aggregated 13F filings for Q1 2023.