Horizon Kinetics Asset Management buys $2,177 RENN fund stock
Horizon Kinetics Asset Management LLC, an owner and director of RENN Fund, Inc., recently acquired shares of the company's common stock. On August 19, 2026, the firm bought 756 shares at $2.88 each, amounting to $2,177. The stock now trades at $2.93, up nearly 12% year-to-date. As a result, Horizon Kinetics Asset Management LLC now owns 954,588 shares of RENN Fund common stock.
This Delaware limited liability company, a wholly-owned subsidiary of Horizon Kinetics Holding Corporation, serves as the investment adviser to RENN Fund, Inc. and has a financial interest in the managed shares. With a market cap of $20.6 million, the company has been profitable over the past year, according to InvestingPro analysis.
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