Renaissance Capital LLC significantly increased its stake in CoreWeave during the third quarter. The firm boosted its ownership by 49.9%, according to a recent disclosure.
RCL purchased an additional 15,697 shares in the cloud computing company. This acquisition brought its total holding to 47,162 shares, valued at approximately $6.45 million.
This transaction establishes CoreWeave as the 11th largest holding in Renaissance Capital’s portfolio. The filing follows other institutional investment changes and precedes insider sales recorded in late December. The disclosure did not cause a significant market reaction.