Horizon Kinetics (RCG) purchases 756 RENN Fund shares at $3.05
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a ten percent owner and investment adviser to RENN Fund, Inc., purchased 756 shares of common stock on July 28, 2026 at $3.05 per share. After this open-market trade, it has a pecuniary interest in 942,492 shares held across accounts it manages.
Positive
- None.
Negative
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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 | $3.05 | $2K |
Holdings After Transaction:
Common Stock — 942,492 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: 756.0000 shares
Purchase price: $3.0500 per share
Shares following transaction: 942492.0000 shares
3 metrics
Shares purchased
756.0000 shares
Common Stock bought on July 28, 2026
Purchase price
$3.0500 per share
Price paid for Common Stock on July 28, 2026
Shares following transaction
942492.0000 shares
Total shares in which Horizon Kinetics has a pecuniary interest after 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
"Horizon Kinetics Asset Management LLC is reported as a ten percent owner"
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 shares of RENN Fund, Inc. common stock on July 28, 2026 at $3.05 per share. This open-market purchase increased the shares in which it has a pecuniary interest to 942,492.
What is Horizon Kinetics’ role in relation to RENN Fund (RCG)?
Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund, Inc. and is a ten percent owner. It has a pecuniary interest in shares held across various client accounts that it manages for the fund’s investors.
Why is Horizon Kinetics classified as a ten percent owner of RENN Fund (RCG)?
Horizon Kinetics Asset Management LLC is identified as a ten percent owner because it has a pecuniary interest in a substantial number of RENN Fund, Inc. shares. Following the latest trade, this interest covers 942,492 shares held in managed accounts.