RCG - RENN Fund
A closed-end fund run by HORIZON KINETICS. Invests in shares. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
No - nobody has reported owning 5% or more of this fund.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.
Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.
What happened, and when
Nothing on file yet. No large investor has reported a stake in this fund, and the fund has not announced a buy-back, a vote or a closing.
About this fund
- Run by Horizon Kinetics Asset Management LLC. As of Dec 31, 2025, from the fund's yearly report. Original document →
- Size: about $23 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund does not borrow. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 0% a year in management fees; 1.6% a year in total, including interest on borrowed money. Fiscal year ended Dec 31, 2025. As of Dec 31, 2025, from the fund's yearly report. Original document →
- Payouts: last fiscal year the fund told the regulator that all of what it paid out came from income. As of Dec 31, 2025, from the fund's yearly report. Original document →
- Value of holdings per share at the last fiscal year end (Dec 31, 2025): $2.83. The shares traded at $2.57, about 9.2% below that. As of Dec 31, 2025, from the fund's yearly report. Original document →
- How the holdings did: down 1.5% over the last three months we have (April-June 2026), before the share price is taken into account. Over the last 12 months: +20.7%. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- First reported to the regulator in 1996.
What the fund holds
Mostly shares (85%), the rest cash and short-term holdings, other holdings and preferred shares. About 95% issued in the U.S.
- Texas Pacific Land Corp. - 32.7%
- Cash and short-term - 11.6%
- Apyx Medical Corp. - 11.4%
- Landbridge Co. LLC - class A shares - 7.4%
- FitLife Brands, Inc. - 6.9%
- Hawaiian Electric Industries, Inc. - 4%
- Urbana Corp. - 2.9%
- WaterBridge Infrastructure LLC - class A shares - 2.9%
- Miami International Holdings, Inc. - 2.4%
- SB TECHNOLOGY, Inc. SANDBOX AQ / - 2.2%
Show all 24
- Mesabi Trust - 2.1%
- PrairieSky Royalty Ltd. - 1.6%
- Big League Advance LLC / - 1.5%
- Grayscale Bitcoin Trust ETF - 1.4%
- Permian Basin Royalty Trust - 2.3%
- Miami International Holdings, Inc. / - 1.1%
- DIAMOND STANDARD, Inc. JUNIOR-1 PREFERRED / - 0.9%
- BOLT DATA AND ENERGY, Inc. / - 0.9%
- Nocopi Technologies, Inc. - 0.7%
- Intercontinental Exchange, Inc. - 0.5%
- TXSE Group, Inc. COMMON STOCK / - 0.4%
- TETRA DIGITAL GROUP, Inc. / - 0.4%
- DIAMOND STANDARD, Inc. JUNIOR-2 PREFERRED / - 0.4%
- Civeo Corp. - 0.3%
As of June 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
No notices from large investors on file.
No announcements from the fund on file.
- Run by
- Horizon Kinetics Asset Management LLC
- Fund family
- HORIZON KINETICS
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-22299
- Auditor
- TAIT, WELLER & BAKER LLP
- Fiscal year end
- Dec 31, 2025
- Number of holdings
- 69
- Preferred share classes
- none
Email me when something new is filed for RCG
Free. One email per notice or announcement, usually within a day. No password.