Horizon Kinetics buys 756 RENN Fund shares at $2.95
RENN Fund, Inc. (RCG) reported an open-market purchase of its common stock by Horizon Kinetics Asset Management LLC, a ten percent owner.
Sentiment and the balance of points
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Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) reported an open-market purchase of its common stock by Horizon Kinetics Asset Management LLC, a ten percent owner. On 2026-08-28, Horizon Kinetics Asset Management LLC purchased 756 shares at $2.95 per share, bringing its reported holdings to 959,880 shares. According to a related note, Horizon Kinetics Asset Management LLC, a wholly owned subsidiary of Horizon Kinetics Holding Corporation, serves as investment adviser to RENN Fund, Inc. and has a pecuniary interest in shares held in various managed accounts.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 756 | $2.95 | $2K |
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
Key Terms
ten percent owner regulatory
pecuniary interest financial
investment adviser financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RCG disclose for Horizon Kinetics Asset Management LLC?
What is Horizon Kinetics Asset Management LLC’s relationship to RCG?
Was the RCG insider trade made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.