RENN Fund : Quarterly Schedule of Portfolio Holdings

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			RENN Fund, Inc.
		Consolidated Schedule of Investments
		As of September 30, 2022 (Unaudited)0
Shares or Principal
Amount	Company				Cost		Value
		MONEY MARKET FUNDS - 33.7%
		Fidelity Government Cash Reserves Portfolio -	0
84,338	Institutional Class, 0.01%		$	84,338	$	84,338
4,893,973	Fidelity Investment Money Market Funds Government Portfolio - Institutional Class, 0.01%		4,893,973		4,893,973
		Total Money Market Funds				4,978,311			4,978,311
		CONVERTIBLE BONDS - 0.00%
		Oil and Gas - 0.00%
1,000,000	PetroHunter Energy Corporation 8.50% Maturity 12/31/2014(1)(2)(5)		541,331		-
		Total Convertible Bonds				541,331			-
		COMMON EQUITIES - 64.80%
		Accomodations - 0.62%
3,668	Civeo Corp.(2)				137,069		92,177
		Aerospace & Defense - 0.02%
20	Boeing Co.(2)				4,267		2,422
		Asset Management - 1.06%
973	Associated Capital Group, Inc. - Class A				40,594		35,767
7,098	Gamco Investors, Inc.				189,620		121,021
						230,214			156,788
		Communication Services - 0.01%
100	Rumble, Inc.(2)				1,206		1,225
		Diversified Financial Services - 0.05%
1,800	Galaxy Digital Holdings Ltd.(2)(4)				31,086		7,636
		Marine Shipping - 0.06%
300	Clarkson PLC(4)				16,197		8,810
		Metal Mining - 3.50%
580	Franco-Nevada Corp.				83,192		69,298
18,478	Mesabi Trust				496,054		397,462
1,560	Wheaton Precious Metals Corp.				65,121		50,482
						644,367			517,242
		Medicinal Chemicals and Botanical Products - 7.84%
77,228	FitLife Brands, Inc.(2)				9,131,688		1,158,420
		Oil and Gas - 26.54%
19,159	Permian Basin Royalty Trust				280,584		312,866
808,445	PetroHunter Energy Corporation(1)(2)(5)				101,056		-
16,300	PrairieSky Royalty Ltd.(4)				206,969		210,151
100	Sabine Royalty Trust				8,002		7,108
1,908	Texas Pacific Land Corp.				1,079,739		3,390,955
						1,676,350			3,921,080
		Other Financial Investment Activities - 0.26%
1	Morgan Group Holding Co.(2)				16		1
13,200	Urbana Corp.(4)				42,349		39,178
						42,365			39,179
		Real Estate - 0.35%
3,600	Tejon Ranch(2)				68,859		51,840
		Securities and Commodity Exchanges - 1.63%
685	Cboe Global Markets, Inc.				80,892		80,398
204	CME Group, Inc.				46,086		36,134
240	Intercontinental Exchange, Inc.				30,806		21,684
14,000	Miami International Holdings, Inc.(1)(2)(3)				105,000		102,760
						262,784			240,976
		Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 0.42%
5,460	Grayscale Bitcoin Trust(2)				258,912		62,299
		Live Sports (Spectator Sports) - 1.89%
5,091	Big League Advance, LLC.(1)(2)(3)				280,000		280,005
		Surgical & Medical Instruments & Apparatus - 18.69%
615,000	Apyx Medical Corp.(2)				1,470,958		2,761,350
		Technology Services - 1.86%
550	Core Scientific, Inc.(2)				7,513		715
1,048	CACI International, Inc. - Class A. (2)				296,485		273,591
						303,998			274,306
		Total Common Equities				14,560,320			9,575,755

		EXCHANGE TRADED FUNDS - 0.04%
124	ProShares Short VIX Short-Term Futures ETF(2)		7,201		6,025
		Total Exchange Traded Funds		7,201			6,025
		OPEN ENDED MUTUAL FUNDS - 0.12%
824	Kinetics Spin-Off and Corporate Restructuring Fund(6)		13,167		17,189
		Total Open Ended Mutual Funds		13,167			17,189
		PREFERRED STOCKS - 1.26%
30,966	Diamond Standard, Inc.(1)(2)(3)		185,798		185,798
		Total Preferred Stocks		185,798			185,798
		WARRANTS - 0.03%
		Diamond Standard, Inc., Exercise Price: $9.00,
837	Expiration Date: January 15, 2026(1)(2)(3)		-			33
		Miami International Holdings, Inc., Exercise Price: $7.50,
2,132	Expiration Date: March 31, 2026(1)(2)(3)		-			3,731
		Total Warrants		-			3,764
		TOTAL INVESTMENTS - 99.95%	$	20,286,127		$	14,766,842
		OTHER ASSETS LESS LIABILITIES - 0.05%					6,962
		NET ASSETS - 100.00%				$	14,773,804
Shares or Principal
Amount	Company		Proceeds		Value
		SECURITIES SOLD SHORT - 0.00%
		EXCHANGE TRADED FUNDS - 0.00%
(12)	Direxion Daily Gold Miners Index Bear 2X Shares ETF	$	(202)	$	(297)
(12)	Direxion Daily Junior Gold Miners Index Bear 2X Shares ETF(2)		(123)		(171)
(7)	ProShares Ultra VIX Short-Term Futures ETF(2)		(1,102)		(90)
		Total Exchange Traded Funds		(1,427)			(558)
		TOTAL SECURITIES SOLD SHORT - 0.00%	$	(1,427)	$	(558)

1. See Semi-Annual Report Note 5 - Fair Value Measurements.
2. Non-IncomeProducing.
3. Big League Advance, LLC., Diamond Standard, Inc. and Miami International0 Holdings, Inc. are each currently a private company. These securities are illiquid and valued at fair value.
4. Foreign security denominated in U.S. Dollars.
5. The PetroHunter Energy Corporation ("PetroHunter")0securities are in bankruptcy. The securities are valued at fair value.
6. Affiliated security, given that the security is managed by the0same Investment Advisor as the Fund.

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	Document Name: fp0080875-1_nportex.htm

RENN Fund, Inc.

CONSOLIDATED NOTES TO FINANCIAL0STATEMENTS

As of0September 30, 2022 (Unaudited)

Investments in Affiliated Issuers

An affiliated issuer is an entity in which the Fund0has ownership of at least 5% of the voting securities, or any investment which is advised or sponsored by the advisor. In this instance,0affiliation is based on the fact that the Kinetics Spin-off and Corporate Restructuring Fund is advised by Horizon, the same Investment0Advisor to the Fund. Issuers that are affiliates of the Fund at period-end are noted in the Fund's Schedule of Investments. Additional0security purchases and the reduction of certain securities shares outstanding of existing portfolio holdings that were not considered0affiliated in prior years may result in the Fund owning in excess of 5% of the outstanding shares at period-end. The table below reflects0transactions during the period with entities that are affiliates as of September 30, 2022 and may include acquisitions of new investments, prior year holdings that became affiliated during the period and prior period affiliated holdings that are no longer affiliated as of0period-end.

										Change in
	Value									Unrealized
	Beginning						Net Realized			Appreciation		Value End of
Name of Issuer and Title of Issue	of Period		Purchases	Sales Proceeds	Gain (Loss)			(Depreciation)		Period
Kinetics Spin-off and Corporate
Restructuring Fund	$	-	$	13,167	$	-	$	-	$	4,022	$	17,189
Total	$	-	$	13,167	$	-	$	-	$	4,022	$	17,189
			Shares
			Beginning									Shares End of
Name of Issuer and Title of Issue			of Period		Purchases		Sales Proceeds			Stock Split		Period
Kinetics Spin-off and Corporate
Restructuring Fund				-		824		-		-		824
Total				-		824		-		-		824