RENN Fund 10% owner buys 756 shares at $3.05
A 10% holder of RENN Fund, Inc. increased its economic exposure through a small open-market share purchase.
Rhea-AI Filing Summary
RENN Fund, Inc. (RCG) reported that Horizon Kinetics Asset Management LLC, a ten percent owner, purchased 756 shares of common stock on September 21, 2026 at $3.05 per share. After this open-market transaction for accounts it manages, Horizon Kinetics is reported with 971,220 shares of direct holdings with a pecuniary interest and no Rule 10b5-1 trading plan reported.
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 | $3.05 | $2K |
Holdings After Transaction:
Common Stock — 971,220 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 per share: $3.05 per share
Shares held after transaction: 971,220 shares
3 metrics
Shares purchased
756 shares
Common Stock bought on September 21, 2026
Purchase price per share
$3.05 per share
Price for the September 21, 2026 common stock purchase
Shares held after transaction
971,220 shares
Direct holdings reported for Horizon Kinetics after the trade
Key Terms
ten percent owner, investment adviser, pecuniary interest
3 terms
ten percent owner regulatory
"Horizon Kinetics Asset Management LLC is identified as a ten percent owner"
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.
pecuniary interest financial
"has a pecuniary interest in shares held in various accounts"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Horizon Kinetics report for RCG?
Horizon Kinetics Asset Management LLC reported a purchase of 756 RENN Fund (RCG) common shares on September 21, 2026, in an open-market or private transaction at $3.05 per share, increasing its reported direct holdings with a pecuniary interest.
Was Horizon Kinetics’ RCG trade made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is affirmed for the September 21, 2026 purchase of RENN Fund (RCG) shares.
What role does Horizon Kinetics play in relation to RENN Fund (RCG)?
Horizon Kinetics Asset Management LLC is described as the investment adviser to RENN Fund, Inc. and has a pecuniary interest in shares held in various accounts that it manages.
Is Horizon Kinetics a significant owner of RENN Fund (RCG)?
Yes. Horizon Kinetics Asset Management LLC is identified as a ten percent owner of RENN Fund, Inc., and after the reported trade it is shown holding 971,220 shares with a pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.