RENN Fund, Inc. (NYSE: RCG) insider Horizon Kinetics buys more shares
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 August 6, 2026 at $2.97 per share. Following this open-market transaction, it reported 947,784 shares with a pecuniary interest held in various managed accounts.
Positive
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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 | $2.97 | $2K |
Holdings After Transaction:
Common Stock — 947,784 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: 947,784 shares
+1 more
4 metrics
Shares purchased
756 shares
Common Stock bought on August 6, 2026
Purchase price
$2.97 per share
Price for the 756-share Common Stock purchase
Post-transaction holdings
947,784 shares
Total Common Stock with pecuniary interest after the transaction
Transaction date
August 6, 2026
Date of the Common Stock purchase
Key Terms
pecuniary interest, investment adviser, ten percent owner
3 terms
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts that it manages"
investment adviser financial
"serves as the investment adviser to the Issuer and has a pecuniary interest"
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
"reporting person is marked as a ten percent owner of the issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Horizon Kinetics report in RENN Fund (RCG)?
Horizon Kinetics Asset Management reported buying 756 RENN Fund common shares at $2.97 on August 6, 2026. After this purchase, it reported holding 947,784 shares with a pecuniary interest as investment adviser in various managed accounts.
What is Horizon Kinetics’ ownership in RENN Fund (RCG) after the latest Form 4?
After the reported purchase, Horizon Kinetics Asset Management reported 947,784 RENN Fund common shares in which it has a pecuniary interest. These shares are held across various accounts it manages as investment adviser to the fund.
Who is the reporting person on the RENN Fund (RCG) Form 4 filing?
The reporting person is Horizon Kinetics Asset Management LLC, a wholly owned subsidiary of Horizon Kinetics Holding Corporation. It serves as investment adviser to RENN Fund and has a pecuniary interest in shares held in various client accounts.