September 9, 2026
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Renn fund 10% owner Horizon Kinetics buys $2,313 in common stock

Horizon Kinetics Asset Management LLC, a 10% owner and investment adviser to RENN Fund, Inc. (), purchased 756 shares of the company’s common stock on July 22, 2026. The shares were acquired at a price of $3.06 per share, totaling $2,313 for the transaction. The purchase price represents a slight premium to the stock’s current trading level of $3.00, with shares up approximately 17% year-to-date and trading at a P/E ratio of 26.55.

Following this acquisition, Horizon Kinetics Asset Management LLC beneficially owns 939,468 shares of RENN Fund common stock. The firm has a pecuniary interest in shares held in various accounts that it manages. According to InvestingPro, RENN Fund has been profitable over the last twelve months with earnings per share of $0.11. Investors seeking deeper insights can access one of 2 additional InvestingPro Tips, plus a comprehensive Pro Research Report covering RCG and 1,400+ other US equities.



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  • Peter Lynch

    Lynch co-authored several bestselling investment classics, including One Up on Wall Street, Beating the Street, and Learn to Earn. Known for his accessible and common-sense approach to the stock market, he coined the famous investment mantra, "Invest in what you know." This philosophy empowers everyday individual investors to find market-beating opportunities by observing consumer trends and products in their own daily lives before Wall Street notices them.Beyond his writing and investing career, Lynch is a prominent philanthropist. He works actively through the Lynch Foundation to support education, medical research, and cultural organizations. He continues to serve as a vice chairman of Fidelity Management & Research Company, mentoring new generations of financial analysts.
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Peter Lynch

https://investmentdepartment.com

Lynch co-authored several bestselling investment classics, including One Up on Wall Street, Beating the Street, and Learn to Earn. Known for his accessible and common-sense approach to the stock market, he coined the famous investment mantra, "Invest in what you know." This philosophy empowers everyday individual investors to find market-beating opportunities by observing consumer trends and products in their own daily lives before Wall Street notices them.Beyond his writing and investing career, Lynch is a prominent philanthropist. He works actively through the Lynch Foundation to support education, medical research, and cultural organizations. He continues to serve as a vice chairman of Fidelity Management & Research Company, mentoring new generations of financial analysts.

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