RENN Fund, Inc. (RCG) major holder Horizon Kinetics buys more shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a ten percent owner of RENN Fund, Inc., reported an open-market purchase of 756 shares of common stock on July 14, 2026 at $3.02 per share. After this transaction, it directly holds 934,932 shares, reflecting a small increase in the stake held through its managed accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 756 shares ($2,283)
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 | 756 | $3.02 | $2K |
Holdings After Transaction:
Common Stock — 934,932 shares (Direct)
Footnotes (1)
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Key Figures
Shares purchased: 756 shares
Purchase price: $3.0200 per share
Post-transaction holdings: 934,932 shares
+2 more
5 metrics
Shares purchased
756 shares
Open-market purchase of RENN Fund, Inc. common stock on July 14, 2026
Purchase price
$3.0200 per share
Price paid by Horizon Kinetics Asset Management LLC for the 756 shares
Post-transaction holdings
934,932 shares
Total RENN Fund, Inc. common shares held directly after the transaction
Net buy shares
756 shares
Net share change in this Form 4, all from open-market purchases
Ten percent owner status
10% owner
Reporting person is identified as a ten percent owner of RENN Fund, Inc.
Key Terms
pecuniary interest, investment adviser, Common Stock, ten percent owner, +1 more
5 terms
pecuniary interest financial
"has a pecuniary interest in shares of the Issuer"
investment adviser financial
"HKAM 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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ten percent owner regulatory
"identified as a ten percent owner of the issuer"
Delaware limited liability company regulatory
"HKAM is a Delaware limited liability company"
FAQ
What insider transaction in RENN Fund (RCG) did Horizon Kinetics report?
Horizon Kinetics Asset Management LLC reported an open-market purchase of 756 common shares of RENN Fund, Inc. on July 14, 2026 at $3.02 per share, modestly increasing the position held in its managed accounts.
Was the recent RENN Fund (RCG) insider activity a buy or a sell?
The recent insider activity was a purchase. Horizon Kinetics Asset Management LLC executed an open-market buy of 756 shares of RENN Fund, Inc. common stock at $3.02 per share, with no corresponding sales reported in this filing.
Who is Horizon Kinetics in relation to RENN Fund (RCG)?
Horizon Kinetics Asset Management LLC serves as the investment adviser to RENN Fund, Inc. and has a pecuniary interest in its shares through various accounts it manages, making it a ten percent owner as reflected in the Form 4.