Horizon Kinetics increases RENN Fund stake

Horizon Kinetics Asset Management LLC, a wholly owned subsidiary of Horizon Kinetics Holding Corporation and investment adviser to RENN Fund, Inc., purchased 756 shares of Common Stock on 2026-07-22 at $3.06 per share.

Accepted by SEC EDGAR 07/23/2026 - 12:40 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Horizon Kinetics Asset Management LLC, a wholly owned subsidiary of Horizon Kinetics Holding Corporation and investment adviser to RENN Fund, Inc., purchased 756 shares of Common Stock on 2026-07-22 at $3.06 per share. After this open-market purchase, it reported 939,468 shares held in various accounts that it manages, in which it has a pecuniary interest.

Insider Trade Summary

Net Buyer: 756 shares

Net Buy 1 txn

Insider HORIZON KINETICS ASSET MANAGEMENT LLC

Role 10% Owner

Bought 756 shs ($2K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	756	$3.06	$2K

Holdings After Transaction: Common Stock — 939,468 shares (Direct)

Footnotes (1)

1. F1. Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of Horizon Kinetics Holding Corporation, serves as the investment adviser to the Issuer and has a pecuniary interest in shares held in various accounts that it manages.

Key Figures

Shares purchased: 756 shares Purchase price: $3.06 per share Post-transaction holdings: 939,468 shares

3 metrics

Shares purchased 756 shares Common Stock transaction on 2026-07-22

Purchase price $3.06 per share Price for 756 Common Stock shares bought on 2026-07-22

Post-transaction holdings 939,468 shares Common Stock in various managed accounts after 2026-07-22 purchase

Key Terms

pecuniary interest, investment adviser, ten percent owner

3 terms

pecuniary interest financial

"has a pecuniary interest in shares held in various accounts"

investment adviser financial

"serves as the investment adviser to the Issuer"

An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.

ten percent owner financial

"HORIZON KINETICS ASSET MANAGEMENT LLC is a ten percent owner"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction in RENN Fund (RCG) did Horizon Kinetics report?

Horizon Kinetics Asset Management LLC reported a purchase of 756 RENN Fund common shares on 2026-07-22 at $3.06 per share. The transaction was a non-derivative open-market or private purchase, increasing its reported holdings in managed accounts.

How many RENN Fund (RCG) shares does Horizon Kinetics report holding after this trade?

Following the 756-share purchase, Horizon Kinetics Asset Management reported 939,468 RENN Fund common shares held in various accounts it manages. The firm has a pecuniary interest in these shares, reflecting economic exposure through those managed accounts.

At what price did Horizon Kinetics buy RENN Fund (RCG) shares?

The reported purchase price was $3.06 per share for 756 shares of RENN Fund common stock. This was a non-derivative transaction in Common Stock, categorized as a purchase in an open market or private transaction on 2026-07-22.

Is Horizon Kinetics a ten percent owner of RENN Fund (RCG)?

Horizon Kinetics Asset Management LLC is identified as a ten percent owner of RENN Fund, Inc. This status is based on its reported pecuniary interest in shares held across various accounts that it manages as investment adviser to the issuer.

What role does Horizon Kinetics play with respect to RENN Fund (RCG) shares?

Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund, Inc. It has a pecuniary interest in shares held in various accounts that it manages, meaning it participates economically in those positions rather than holding all shares directly.

Was the Horizon Kinetics RENN Fund (RCG) trade part of a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and no footnote describes a trading plan. The transaction is therefore reported simply as a purchase, without specific reference to a pre-arranged Rule 10b5-1 trading arrangement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HORIZON KINETICS ASSET MANAGEMENT LLC

(Last) (First) (Middle)

C/O HORIZON KINETICS LLC

470 PARK AVE S 8TH FL S

(Street)

NEW YORK NEW YORK 10016

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/22/2026		P		756	A	$3.06	939,468(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of Horizon Kinetics Holding Corporation, serves as the investment adviser to the Issuer and has a pecuniary interest in shares held in various accounts that it manages.

	/s/ Jay Kesslen, attorney-in-fact	07/23/2026
	** 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 4 (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 4: SEC 1474 (03-26)