RB Global
220 hedge funds and large institutions have $3.4B invested in RB Global in 2020 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 76 increasing their positions, 95 reducing their positions, and 53 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
2.59% less ownership
Funds ownership: 92.43% → 89.84% (-2.6%)
13% less funds holding
Funds holding: 254 → 220 (-34)
20% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 95
21% less capital invested
Capital invested by funds: $4.33B → $3.4B (-$930M)
55% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 53
97% less call options, than puts
Call options by funds: $34K | Put options by funds: $1.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$42.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$15M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$14.4M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$62.1M |
| 2 |
Man Group
London,
United Kingdom
|
-$24.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$23.9M |
| 4 |
Millennium Management
New York
|
-$20M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$16.8M |
RBA Hedge Fund Activity: Q1 2020 in Review
220 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q1 2020, worth a combined $3.4B — down 21% from $4.33B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of RBA and 24 opened new positions — a net loss of 29 holders — while 95 trimmed existing stakes and 76 added.
The largest buyer was Renaissance Technologies, adding an estimated $42.9M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $62.1M.
- 220 institutional investors held RB Global (RBA) as of Q1 2020, down from 254 in Q4 2019.
- Funds reported $3.4B of RB Global stock for Q1 2020, down 21% quarter-over-quarter.
- 24 funds opened new RB Global positions in Q1 2020 and 53 closed out, a net change of -29 holders.
- The largest RB Global buyer in Q1 2020 was Renaissance Technologies, an estimated $42.9M added.
- The largest RB Global seller in Q1 2020 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $62.1M sold.
Based on aggregated 13F filings for Q1 2020.