Bloomberg News$RENN Renren Surges on Buyout Bets as Airlines Drop: China Overnight Renren’s stock traded at 1.3 times its book value, compared with a multiple (RENN:US) of 5 for Sina Corp., which owns the Twitter-like Weibo service, and 9.9 for Facebook Inc., a social-networking service provider in the U.S. Renren reported $155 million of cash by the end of second quarter.
$RENN Top Institutional Holders Holder Shares % Out Value* Reported Morgan Stanley 1,439,933 0.38 4,305,399 Jun 30, 2013 Moon Capital Management LP 1,337,780 0.35 3,999,962 Jun 30, 2013 Allianz Asset Management AG 877,549 0.23 2,623,871 Jun 30, 2013 CALPERS (California-Public Employees Retirement System) 460,100 0.12 1,375,699 Jun 30, 2013 Susquehanna International Group, LLP 361,969 0.10 1,082,287 Jun 30, 2013 Invesco Ltd. 352,349 0.09 1,053,523 Jun 30, 2013 Renaissance Technologies, LLC 321,400 0.08 960,986 Jun 30, 2013 I.G. Investment Management, Ltd 295,600 0.08 883,844 Jun 30, 2013 Guggenheim Capital, LLC 225,151 0.06 673,201 Jun 30, 2013 Texas - Teacher Retirement System 210,000 0.06 627,900 Jun 30, 2013
Top Mutual Fund Holders Holder Shares % Out Value* Reported Powershares Exhg Traded Fd-Powershares Golden Dragon China P 349,805 0.09 1,140,364 Aug 31, 2013 SPDR (R) Idx Shares-SPDR (R) Emerging Markets Small Cap ETF 192,396 0.05 640,678 Jul 31, 2013 Claymore ETF Tr 2-Guggenheim China Small Cap ETF 143,428 0.04 477,615 Jul 31, 2013 First Tr Exchange Traded Fd-First Tr ISE Chindia Index Fund 126,111 0.03 377,071 Jun 30, 2013 Global X Fds-Global X Social Media Index ETF 58,893 0.02 191,991 Aug 31, 2013 Claymore ETF Tr 2-Guggenheim China Technology ETF 68,156 0.02 222,188 Aug 31, 2013 Fidelity Select Portfolios - Technology 18,800 0.00 61,288 Aug 31, 2013 Birmiwal Oasis Fund 18,505 0.00 55,329 Jun 30, 2013 Fidelity Advisor Technology Fund 5,900 0.00 19,234 Aug 31, 2013 Allianz Fds-AllianzGI Technology Fd 3,417 0.00 11,378 Jul 31, 2013