Horizon Kinetics Asset Management (RCG) reports purchase of RENN Fund stock
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 13, 2026 at $2.90 per share in an open-market or private transaction. Following this transaction, accounts it manages held 951,564 shares, in which it has a pecuniary interest as investment adviser.
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 | $2.90 | $2K |
Holdings After Transaction:
Common Stock — 951,564 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: $2.90 per share
Shares held after transaction: 951,564 shares
+1 more
4 metrics
Shares purchased
756 shares
Common Stock purchased on August 13, 2026
Purchase price
$2.90 per share
Price for Common Stock transaction on August 13, 2026
Shares held after transaction
951,564 shares
Common Stock position in managed accounts following the purchase
Net buy shares reported
756 shares
Net buy direction across all 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 regulatory
"is_ten_percent_owner"
FAQ
What insider transaction did RENN Fund (RCG) report on August 13, 2026?
RENN Fund reported that Horizon Kinetics Asset Management LLC purchased 756 shares of its common stock on August 13, 2026 at a price of $2.90 per share in an open-market or private transaction.
Was the RENN Fund (RCG) insider trade made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and no footnote states that the August 13, 2026 purchase was made pursuant to a pre-arranged Rule 10b5-1 trading plan.
Who is the reporting person in the RENN Fund (RCG) Form 4 filing?
The reporting person is Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of Horizon Kinetics Holding Corporation, which serves as investment adviser to RENN Fund, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.