Horizon Kinetics Asset Management LLC purchased 756 shares of RENN Fund, Inc. on Aug. 24, 2026, for a total of $2,230 at $2.95 per share.
The New York-based investment firm, which holds a 10% stake in RENN Fund and serves as its investment adviser, now owns 956,856 shares of the fund’s common stock. The transaction follows a 14.5% year-to-date return for RENN Fund, which has been trading near its 52-week high of $3.31.
Renn Fund, listed on the NASDAQ under the ticker RCG, has a market capitalization of $20.7 million and a price-to-earnings ratio of 26.
