Co-Portfolio Manager of RENN Fund (RCG) files Form 3 with zero shares

Rhea-AI Filing Summary

RENN Fund, Inc. filed an initial insider ownership report for Co-Portfolio Manager James Davolos. The filing states that Davolos does not beneficially own any shares of RENN Fund common stock as of the date of the filing, so no transactions or holdings are reported.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Davolos James

Role null

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 0 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Beneficial ownership: 0 shares

1 metrics

Beneficial ownership 0 shares Total RENN Fund common shares beneficially owned by James Davolos as of filing

Key Terms

Form 3, beneficially own, Reporting Person

3 terms

Form 3 regulatory

"RENN Fund, Inc. filed an initial insider ownership report"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficially own financial

"does not beneficially own any securities of the Issuer as of the date"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

Reporting Person regulatory

"The Reporting Person does not beneficially own any securities of the Issuer"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Davolos James

(Last) (First) (Middle)

470 PARK AVENUE SOUTH

4TH FLOOR SOUTH

(Street)

NEW YORK NEW YORK 10016

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/28/2026

3. Issuer Name and Ticker or Trading Symbol
RENN Fund, Inc. [ RCG ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Co-Portfolio Manager

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	0(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person does not beneficially own any securities of the Issuer as of the date of this filing.

	/s/ Jay Kesslen, attorney-in-fact	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does RENN Fund (RCG) disclose about James Davolos in this Form 3?

The Form 3 shows that Co-Portfolio Manager James Davolos currently reports no beneficial ownership of RENN Fund common stock. This is an initial insider ownership statement and does not reflect any recent purchase or sale activity.

Does James Davolos own any RENN Fund (RCG) shares according to this filing?

According to the filing, James Davolos does not beneficially own any securities of RENN Fund as of the filing date. The total shares following the reported position are listed as zero, confirming no reportable holdings.

Is there any buying or selling of RENN Fund (RCG) shares in this Form 3?

No, the Form 3 does not report any stock purchases or sales by James Davolos. It is an initial ownership filing that simply records that he holds zero RENN Fund common shares as of the filing date.

Who is the reporting person named in this RENN Fund (RCG) Form 3?

The reporting person is James Davolos, identified in the filing as a Co-Portfolio Manager of RENN Fund. He is not listed as a director or officer, and this filing establishes his current lack of beneficial ownership.

What is the significance of reporting zero beneficial ownership in a Form 3 for RENN Fund (RCG)?

Reporting zero beneficial ownership indicates that the insider currently has no reportable economic interest in RENN Fund shares. It establishes a baseline position for future Form 4 or Form 5 filings that might later report transactions or changes in holdings.