HORIZON KINETICS ASSET MANAGEMENT LLC 4
4 · RENN Fund, Inc. · Filed Jul 29, 2026
Research Summary
AI-generated summary of this filing
RENN Fund (RCG) 10% Owner Horizon Kinetics Buys 756 Shares
What Happened
Horizon Kinetics Asset Management LLC, identified as a 10% owner and the investment adviser to RENN Fund, purchased 756 shares of RENN Fund, Inc. (RCG) on July 28, 2026. The transaction was reported as an open market or private purchase (code P) at $3.05 per share, for a total cost of approximately $2,306. This was a purchase rather than a sale.
Key Details
- Transaction date and price: 2026-07-28 — 756 shares @ $3.05 per share (total ≈ $2,306).
- Transaction type/code: Purchase (P) — open market or private purchase.
- Shares owned after transaction: Not specified in the provided filing details.
- Filing timeliness: Report filed 2026-07-29 for the 2026-07-28 transaction (filed next day; not indicated as late).
- Footnote: Horizon Kinetics Asset Management LLC is a Delaware LLC, wholly owned by Horizon Kinetics Holding Corporation, and has a pecuniary interest in shares held across accounts it manages (per footnote F1).
Context
This filing reflects institutional/adviser buying activity by a 10% owner rather than trading by an individual executive. Such purchases can indicate increased exposure by the adviser but may also reflect routine portfolio management across client or advisory accounts.
Insider Transaction Report
Form 4
Transactions
- Purchase
Common Stock
[F1]2026-07-28$3.05/sh+756$2,306→ 942,492 total
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.
Signature
/s/ Jay Kesslen, attorney-in-fact|2026-07-29