Horizon Kinetics (RCG) lifts RENN Fund stake to 952,320 shares
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc. (RCG), reported purchasing 756 shares of common stock on 2026-08-14 at $2.80 per share in an open-market or private transaction. Following this trade, positions attributed to the adviser totaled 952,320 shares, with a pecuniary interest in shares held across various accounts it manages.
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 | $2.80 | $2K |
Holdings After Transaction:
Common Stock — 952,320 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: $2.80 per share
Shares held after transaction: 952,320 shares
+1 more
4 metrics
Shares purchased
756 shares
Common Stock transaction on 2026-08-14
Purchase price
$2.80 per share
Price for the 756-share purchase of Common Stock
Shares held after transaction
952,320 shares
Total Common Stock attributed to Horizon Kinetics after the 2026-08-14 trade
Net buy shares
756 shares
Net buy direction across all reported transactions in this filing
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 financial
"Horizon Kinetics Asset Management LLC is a ten percent owner"
FAQ
What insider transaction did Horizon Kinetics report for RCG on August 14, 2026?
Horizon Kinetics Asset Management LLC reported buying 756 RCG common shares on 2026-08-14 at $2.80 per share, increasing positions attributed to it to 952,320 shares held across various managed accounts.
Was the August 2026 RCG insider transaction by Horizon Kinetics a purchase or sale?
The August 2026 transaction was a purchase. Horizon Kinetics Asset Management LLC acquired 756 RCG common shares at $2.80 per share in an open-market or private transaction, as indicated by transaction code “P”.
Who is the reporting person on this RCG Form 4 and what is their role?
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, Inc. and has a pecuniary interest in shares held in various managed accounts.
Does Horizon Kinetics act as a ten percent owner in RCG according to this Form 4?
Yes. Horizon Kinetics Asset Management LLC is identified as a ten percent owner of RENN Fund, Inc. (RCG) in this Form 4, reflecting its reportable pecuniary interest in shares held across accounts it manages as adviser.
AI-generated analysis. How Rhea-AI works. Not financial advice.