Horizon Kinetics buys 756 RENN Fund shares at $2.95
A 10% holder of RENN Fund, Inc. increased its pecuniary interest through a small open-market purchase of common stock.
Sentiment and the balance of points
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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 1, 2026 at $2.95 per share in an open-market or private transaction. Following this trade, it is reported as having 961,392 shares with a pecuniary interest held across various managed accounts.
Horizon Kinetics Asset Management LLC is described as the investment adviser to RENN Fund, Inc. and a wholly owned subsidiary of Horizon Kinetics Holding Corporation. No Rule 10b5-1 trading plan is reported for this transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 756 | $2.95 | $2K |
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
Key Terms
pecuniary interest financial
investment adviser financial
ten percent owner regulatory
open market or private transaction financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Is this RENN Fund, Inc. (RCG) trade under a Rule 10b5-1 trading plan?
What role does Horizon Kinetics Asset Management LLC have regarding RENN Fund, Inc. (RCG)?
Is the ownership in RENN Fund, Inc. (RCG) direct or through managed accounts?
AI-generated analysis. How Rhea-AI works. Not financial advice.