Horizon Kinetics adds RENN Fund (RCG) shares in August insider buy
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc. and its investment adviser, reported purchasing 756 shares of common stock on August 3, 2026 at $3.0200 per share. Following this open-market transaction, it reports holding 945,516 shares with a pecuniary interest through various managed accounts.
Positive
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Negative
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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 | $3.02 | $2K |
Holdings After Transaction:
Common Stock — 945,516 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: 756.0000 shares
Purchase price: $3.0200 per share
Shares held after transaction: 945516.0000 shares
+1 more
4 metrics
Shares purchased
756.0000 shares
Common Stock transaction on 2026-08-03
Purchase price
$3.0200 per share
Open-market or private purchase of Common Stock
Shares held after transaction
945516.0000 shares
Total Common Stock reported following the Form 4 transaction
Reported buy transactions
1
Number of buy transactions in this Form 4
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
"the reporting person is marked as a ten percent owner"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Horizon Kinetics report for RENN Fund (RCG)?
Horizon Kinetics Asset Management LLC reported buying 756 shares of RENN Fund common stock on August 3, 2026 at $3.0200 per share. The transaction was classified as an open-market or private purchase on a Form 4 filing.
Is Horizon Kinetics a ten percent owner of RENN Fund (RCG)?
Yes. The Form 4 identifies Horizon Kinetics Asset Management LLC as a ten percent owner of RENN Fund, Inc. It also serves as the fund’s investment adviser and reports a pecuniary interest in shares held in the accounts it manages.
Were the RENN Fund (RCG) trades by Horizon Kinetics under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating the trade was executed under a trading plan. The reported purchase therefore is not identified as made pursuant to a Rule 10b5-1 arrangement.
How significant is the latest RENN Fund (RCG) purchase by Horizon Kinetics?
The reported transaction covers 756 shares, increasing Horizon Kinetics’ holdings to 945,516 shares. The filing does not provide RENN Fund’s total shares outstanding, so the relative size of this single purchase versus the overall company is not quantified.