RB Global
455 hedge funds and large institutions have $9.15B invested in RB Global in 2023 Q1 according to their latest regulatory filings, with 170 funds opening new positions, 177 increasing their positions, 75 reducing their positions, and 60 closing their positions.
183% more first-time investments, than exits
New positions opened: 170 | Existing positions closed: 60
136% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 75
89% more funds holding in top 10
Funds holding in top 10: 9 → 17 (+8)
61% more capital invested
Capital invested by funds: $5.68B → $9.15B (+$3.46B)
29% more funds holding
Funds holding: 352 → 455 (+103)
0.65% less ownership
Funds ownership: 88.84% → 88.19% (-0.65%)
44% less call options, than puts
Call options by funds: $50M | Put options by funds: $89.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$587M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$365M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$207M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$166M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$152M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$94.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$53.9M |
| 3 |
EC
Eminence Capital
New York
|
-$41M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$39.4M |
| 5 |
TAL
TIG Advisors LLC
New York
|
-$39.4M |
RBA Hedge Fund Activity: Q1 2023 in Review
455 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q1 2023, worth a combined $9.15B — up 61% from $5.68B a quarter earlier.
Buyers outnumbered sellers: 170 funds opened new RBA positions and 60 closed out — a net gain of 110 holders — while 177 added to existing stakes and 75 trimmed.
The largest buyer was Independent Franchise Partners, adding an estimated $587M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $94.2M sold.
- 455 institutional investors held RB Global (RBA) as of Q1 2023, up from 352 in Q4 2022.
- Funds reported $9.15B of RB Global stock for Q1 2023, up 61% quarter-over-quarter.
- 170 funds opened new RB Global positions in Q1 2023 and 60 closed out, a net change of +110 holders.
- The largest RB Global buyer in Q1 2023 was Independent Franchise Partners, an estimated $587M added.
- The largest RB Global seller in Q1 2023 was Davidson Kempner Capital Management, an estimated $94.2M sold.
Based on aggregated 13F filings for Q1 2023.