Horizon Kinetics ups RENN Fund (RCG) stake with July stock buy
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., reported purchasing 756 shares of Common Stock on 2026-07-16 at US$3.02 per share. After this transaction it reports direct ownership of 936,444 shares and has a pecuniary interest in shares held in various managed accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 756 shares ($2,283)
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 | 756 | $3.02 | $2K |
Holdings After Transaction:
Common Stock — 936,444 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 756 shares
Purchase price: US$3.02 per share
Holdings after transaction: 936,444 shares
+1 more
4 metrics
Shares purchased
756 shares
Common Stock transaction on 2026-07-16
Purchase price
US$3.02 per share
Price paid for RENN Fund Common Stock
Holdings after transaction
936,444 shares
Direct Common Stock holdings following 2026-07-16 purchase
Net buy shares
756 shares
Net share change reported in this Form 4
Key Terms
pecuniary interest, investment adviser, ten percent owner, Common Stock
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.
ten percent owner regulatory
"reporting person is flagged as a ten percent owner"
Common Stock financial
"security title for the reported transaction is 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.
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 RENN Fund common shares at US$3.02 each on 2026-07-16. The purchase increased its directly reported holdings to 936,444 shares, reflecting its role as investment adviser with a pecuniary interest in various managed accounts.
Was the Horizon Kinetics trade in RENN Fund (RCG) made under a Rule 10b5-1 plan?
The Form 4 indicates the transaction was not affirmed under a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is explicitly unchecked, and no footnote states that this purchase followed a pre-arranged trading plan.
What type of security did Horizon Kinetics buy in RENN Fund (RCG) and at what price?
The transaction involved Common Stock of RENN Fund, Inc. Horizon Kinetics Asset Management LLC purchased 756 shares at US$3.02 per share on 2026-07-16, according to the non-derivative transaction detail.