Horizon Kinetics Asset Management buys RENN fund shares for $2,298 By Investing.com

Horizon Kinetics Asset Management LLC, a 10% owner and director of RENN Fund, Inc. (), recently acquired shares of the company’s common stock.

On September 16, 2026, the firm purchased 756 shares at a price of $3.04 per share, totaling $2,298. Following this transaction, Horizon Kinetics Asset Management LLC beneficially owns 968,952 shares of RENN Fund, Inc. common stock. The stock currently trades at $3.03 with a market capitalization of $21.26 million and has delivered a 17.66% year-to-date return.

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 RENN Fund, Inc. The firm holds a pecuniary interest in shares managed across various accounts. According to InvestingPro, RCG remains profitable over the last twelve months with earnings per share of $0.56, though the platform notes valuation concerns. For deeper insights, investors can access one of 1,400+ comprehensive Pro Research Reports available for US equities.

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