Renaissance IPO ETFIPO
IPO
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
555% more call options, than puts
Call options by funds: $1.18M | Put options by funds: $180K
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
3.11% less ownership
Funds ownership: 25.86% [Q2] → 22.75% (-3.11%) [Q3]
14% less funds holding
Funds holding: 63 [Q2] → 54 (-9) [Q3]
26% less capital invested
Capital invested by funds: $46.4M [Q2] → $34.5M (-$11.9M) [Q3]
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Research analyst outlook
We haven’t received any recent analyst ratings for IPO.
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Is Post-Election Rebound in U.S. IPOs Likely? ETFs in Focus
After two years of subdued IPO activity, the U.S. IPO market may be up for a revival during Trump presidency on the likelihood of an upbeat stock market.
Neutral
Seeking Alpha
1 month ago
IPO: Favorable Capital Markets In 2025 Not Yet A Tailwind (Rating Downgrade)
The IPO market has been sluggish for almost three years due to elevated global yields and macroeconomic uncertainties, despite a peak in early 2021. I am downgrading the Renaissance IPO ETF from a buy to a hold due to valuation concerns and mixed technical signals. The ETF's high tech exposure and lack of large-cap stocks increase its cyclical risk, especially with rising market interest rates.
Positive
Seeking Alpha
6 months ago
IPO ETF: Hard To Know Where It Fits
Renaissance IPO ETF provides exposure to new US IPOs without the hassle of being a first buyer. The portfolio includes companies like Kenvue, Nu Holdings, Coinbase, Arm Holdings, and AppLovin. Sector composition primarily in Tech and Financials, compared to First Trust US Equity Opportunities ETF with similar performance.
Positive
Schwab Network
7 months ago
IPO Trends to Keep in Focus
From my seat, there's not a lot different yet in the IPO industry, notes Chase Anderson. He discusses IPO trends to keep in focus.
Positive
CNBC Television
7 months ago
Startup valuations' impact on IPOs
CNBC's Deirdre Bosa joins 'Power Lunch' to discuss tech's IPO outlook.
Positive
Zacks Investment Research
7 months ago
Rubrik's Successful IPO Puts These ETFs in Focus
Microsoft-backed firm Rubrik continues to leverage the cybersecurity market's growth potential. The firm made a great debut on Wall Street on Apr 25, 2024.
Positive
Zacks Investment Research
8 months ago
Wall Street Investment Banking Gains Momentum: ETFs in Focus
After two years of subdued dealmaking, key Wall Street banks have been witnessing a resurgence in investment banking activity.
Positive
Zacks Investment Research
8 months ago
Time for IPO ETFs?
As the IPO market shows signs of improvement, investors can play IPO ETFs. The successes of Reddit and others may pave the way for a successful IPO market in the near term.
Positive
Zacks Investment Research
8 months ago
Reddit's Successful IPO Puts These ETFs in Focus
The popular social media platform Reddit (RDDT) celebrated a triumphant entry to the New York Stock Exchange on Thursday, with its shares skyrocketing 48% on debut.
Neutral
Seeking Alpha
9 months ago
IPO Activity Slow To Recover
The talk of the day is the debut of Reddit (RDDT) on public markets. The stock priced at the top of its expected range, and at the intraday highs traded 70% above the IPO price of $34.
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