RENN Fund, Inc. (NYSE: RCG) ten percent owner Horizon Kinetics adds 756 shares
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., purchased 756 shares of common stock on 2026-08-05 at $2.97 per share. After this open-market purchase, it reports beneficial ownership of 947,028 shares through managed accounts in which it has a pecuniary interest.
Positive
- None.
Negative
- None.
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 | $2.97 | $2K |
Holdings After Transaction:
Common Stock — 947,028 shares (Direct)
Footnotes (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: $2.97 per share
Post-Transaction Holdings: 947,028 shares
+1 more
4 metrics
Shares Purchased
756 shares
Common stock bought on 2026-08-05
Purchase Price
$2.97 per share
Price for the 756-share common stock purchase
Post-Transaction Holdings
947,028 shares
Beneficially held after the reported transaction
Insider Status
Ten percent owner
Reporting person identified as 10% owner of the issuer
Key Terms
pecuniary interest, investment adviser, Common Stock, ten percent owner
4 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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ten percent owner regulatory
"identified as a ten percent owner of the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Horizon Kinetics report for RCG?
Horizon Kinetics Asset Management LLC reported buying 756 shares of RENN Fund, Inc. common stock on 2026-08-05 at $2.97 per share. This was an open-market or private purchase classified as a non-derivative equity transaction.
What is Horizon Kinetics’ relationship to RENN Fund, Inc. (RCG)?
Horizon Kinetics Asset Management LLC is identified as a ten percent owner of RENN Fund, Inc. and serves as the fund’s investment adviser. It has a pecuniary interest in RCG shares held across multiple client accounts it manages.
At what price was the recent RCG insider purchase executed?
The reported RCG insider purchase by Horizon Kinetics Asset Management LLC was executed at a price of $2.97 per share. The transaction involved common stock and was categorized as a purchase in the open market or private transaction.
Was the recent RCG insider trade under a Rule 10b5-1 plan?
The insider report does not indicate that the RCG trade was made under a Rule 10b5-1 trading plan. The Rule 10b5-1 plan checkbox is not marked for this transaction, so no pre-arranged plan is identified in the disclosure.