Transaction overview
On March 4, 2026, Murray Stahl, who serves as President and Co-Portfolio Manager of RENN Fund, Inc. (ticker: RCG), acquired a total of 1,134 shares of the fund’s common stock. The purchases were executed across a series of transactions at a price of $2.88 per share, bringing the aggregate outlay to $3,265.
Breakdown of ownership and purchase vehicles
The buy was composed of both direct and indirect purchases. Stahl made a direct purchase of 360 shares. The balance of the shares was obtained indirectly through a number of related entities and family ownership: 18 shares via his spouse, 180 shares through Fromex Equity Corp., 180 shares via FRMO Corp., 296 shares from Horizon Common Inc., 18 shares through Horizon Kinetics Hard Assets LLC, and 82 shares via Horizon Kinetics Asset Management LLC.
Post-transaction holdings
Following these purchases, Stahl’s direct holding stands at 152,414 shares of RENN Fund, Inc. common stock. The filings also indicate additional indirect ownership, as noted above, through affiliated corporations and his spouse.
Market context
The timing of the purchases is highlighted by the fund’s current market price of $2.93 per share, which is near the 52-week high of $3. Over the previous 12 months, RCG shares have delivered a 17.6% total return. The fund’s market capitalization is reported at $20.6 million.
Additional resources
Investors seeking more detailed performance data and analytical commentary on RCG may consult professional research platforms and fund disclosures for further context on the fund’s positioning and metrics.
What the record shows and what it does not
The disclosure documents specify the quantity of shares purchased, the per-share price, the date of the transactions, and the allocation of those shares across direct and indirect ownership channels. The filings do not provide statements of intent, the rationale behind the purchases, or any forward-looking commitments by Stahl regarding future transactions.