ReNew
RNW
84 hedge funds and large institutions have $741M invested in ReNew in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 17 closing their positions.
2,195% more call options, than puts
Call options by funds: $8.1M | Put options by funds: $353K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
5% more funds holding
Funds holding: 80 → 84 (+4)
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
1.91% less ownership
Funds ownership: 49.76% → 47.85% (-1.9%)
6% less capital invested
Capital invested by funds: $790M → $741M (-$49.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.8M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.02M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.17M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$1.94M |
| 5 |
BlackRock
New York
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$18.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$10.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$8M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$4.61M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$3.79M |
RNW Hedge Fund Activity: Q2 2023 in Review
84 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in ReNew (RNW) for Q2 2023, worth a combined $741M — down 6.2% from $790M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new RNW positions and 17 closed out — a net gain of 4 holders — while 23 added to existing stakes and 25 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $12.8M. The largest seller was Zimmer Partners, cutting an estimated $18.1M.
- 84 institutional investors held ReNew (RNW) as of Q2 2023, up from 80 in Q1 2023.
- Funds reported $741M of ReNew stock for Q2 2023, down 6.2% quarter-over-quarter.
- 21 funds opened new ReNew positions in Q2 2023 and 17 closed out, a net change of +4 holders.
- The largest ReNew buyer in Q2 2023 was Millennium Management, an estimated $12.8M added.
- The largest ReNew seller in Q2 2023 was Zimmer Partners, an estimated $18.1M sold.
Based on aggregated 13F filings for Q2 2023.