Horizon Kinetics Asset Management buys $2,290 in RENN Fund stock By Investing.com
Horizon Kinetics Asset Management LLC, a 10% owner and director of RENN Fund, Inc. (), recently increased its holdings in the company. The investment firm purchased common stock totaling $2,290.
The transaction, which occurred on July 27, 2026, involved the acquisition of 756 shares of RENN Fund common stock at a price of $3.03 per share. Following this purchase, Horizon Kinetics Asset Management LLC beneficially owns 941,736 shares of RENN Fund. The stock currently trades at $3.06, up 18% year-to-date, with a market cap of $21.47 million.
Horizon Kinetics Asset Management LLC, a Delaware limited liability company and wholly owned subsidiary of , serves as the investment adviser to RENN Fund, Inc. The firm holds a pecuniary interest in these shares through various accounts it manages. According to InvestingPro, RENN Fund was profitable over the last twelve months with earnings per share of $0.11, though the platform notes short-term obligations exceed liquid assets. Investors seeking deeper insights can access comprehensive Pro Research Reports covering RCG and 1,400+ other US equities.
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