RENN Fund 10% owner adds 756 shares at $3.05
RENN Fund, Inc. (RCG) reported that its ten percent owner, Horizon Kinetics Asset Management LLC, directly purchased 756 common shares on September 22, 2026, at $3.05 per share.
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) reported that its ten percent owner, Horizon Kinetics Asset Management LLC, directly purchased 756 common shares on September 22, 2026, at $3.05 per share. Its reported direct holdings after the purchase were 971,976 shares. No Rule 10b5-1 plan is reported. Horizon Kinetics Asset Management LLC serves as the Fund’s investment adviser and has a pecuniary interest in shares held in accounts it manages.
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 | $3.05 | $2K |
Holdings After Transaction:
Common Stock — 971,976 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
Common shares purchased: 756 shares
Purchase price: $3.05 per share
Direct shares following purchase: 971,976 shares
3 metrics
Common shares purchased
756 shares
September 22, 2026
Purchase price
$3.05 per share
September 22, 2026
Direct shares following purchase
971,976 shares
Reported after the September 22, 2026 purchase
Key Terms
investment adviser, pecuniary interest, ten percent owner
3 terms
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.
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts"
ten percent owner regulatory
"Reporting person: ten percent owner"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who reported the RCG purchase, and what is its relationship to RENN Fund?
Horizon Kinetics Asset Management LLC, a ten percent owner, reported the purchase. It serves as RENN Fund’s investment adviser and has a pecuniary interest in shares held in accounts it manages.
Was the RCG purchase reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.