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RB Global

385 hedge funds and large institutions have $10.9B invested in RB Global in 2023 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 120 increasing their positions, 159 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

297% more call options, than puts

Call options by funds: $42.3M | Put options by funds: $10.7M

9% more capital invested

Capital invested by funds: $10B → $10.9B (+$890M)

3.62% more ownership

Funds ownership: 91.87%95.49% (+3.6%)

0% more funds holding in top 10

Funds holding in top 10: 1717 (0)

2% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 50

2% less funds holding

Funds holding: 391385 (-6)

25% less repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 159

Holders
385
Holders Change
-6
Holders Change %
-1.53%
% of All Funds
6.11%
Holding in Top 10
17
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.27%
New
49
Increased
120
Reduced
159
Closed
50
Calls
$42.3M
Puts
$10.7M
Net Calls
+$31.6M
Net Calls Change
+$17.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
26
Invesco
Georgia
$111M -$19.3M -312,520 -15%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$97.4M -$16.4M -265,370 -15%
Fidelity International
28
Fidelity International
Bermuda
$89.5M +$17.5M +283,857 +25%
CAM
29
Cidel Asset Management
Ontario, Canada
$86.5M +$28.4M +460,858 +50%
CIP
30
Champlain Investment Partners
Vermont
$75.8M -$51.4M -834,247 -41%
Ameriprise
31
Ameriprise
Minnesota
$75.4M -$899K -14,598 -1%
Thrivent Financial for Lutherans
32
Thrivent Financial for Lutherans
Minnesota
$75M -$5.68M -92,111 -7%
PCM
33
Palisade Capital Management
New Jersey
$66.3M -$2.43M -39,469 -4%
Charles Schwab
34
Charles Schwab
California
$62.9M +$5.3M +85,987 +9%
Mackenzie Financial
35
Mackenzie Financial
Ontario, Canada
$60.6M +$18.8M +305,111 +45%
Wellington Management Group
36
Wellington Management Group
Massachusetts
$58.7M +$11.2M +182,028 +24%
Connor, Clark & Lunn Investment Management (CC&L)
37
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$58.7M -$49.3M -799,499 -46%
CF
38
Canoe Financial
Alberta, Canada
$57M +$56.1M +909,865 New
SSA
39
Schonfeld Strategic Advisors
New York
$55.2M +$916K +14,869 +2%
Caisse de Depot et Placement du Quebec (CDPQ)
40
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$54M -$13.8M -224,365 -21%
MAMU
41
Marathon Asset Management (UK)
United Kingdom
$53.4M -$8.02M -130,126 -13%
Northern Trust
42
Northern Trust
Illinois
$53.1M +$1.43M +23,177 +3%
Legal & General Group
43
Legal & General Group
United Kingdom
$49.8M +$48.8M +791,745 New
GIM
44
Granahan Investment Management
Massachusetts
$47.5M -$7.49M -121,640 -14%
RA
45
Royce & Associates
New York
$47.4M -$6.84M -111,024 -13%
William Blair & Company
46
William Blair & Company
Illinois
$47.3M +$1.93M +31,335 +4%
IIM
47
Intact Investment Management
Quebec, Canada
$45.5M -$6.95M -112,784 -13%
Bank of New York Mellon
48
Bank of New York Mellon
New York
$44M -$1.71M -27,812 -4%
Ninety One (UK)
49
Ninety One (UK)
United Kingdom
$43.1M -$23.1M -375,666 -35%
Allspring Global Investments
50
Allspring Global Investments
North Carolina
$42.9M -$7.58M -122,954 -15%

RBA Hedge Fund Activity: Q3 2023 in Review

385 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q3 2023, worth a combined $10.9B — up 8.9% from $10B a quarter earlier.

Sellers outnumbered buyers: 50 funds closed out of RBA and 49 opened new positions — a net loss of 1 holder — while 159 trimmed existing stakes and 120 added.

The largest buyer was Vanguard Group, adding an estimated $826M. The largest seller was Discerene Group, cutting an estimated $69.4M.

  • 385 institutional investors held RB Global (RBA) as of Q3 2023, down from 391 in Q2 2023.
  • Funds reported $10.9B of RB Global stock for Q3 2023, up 8.9% quarter-over-quarter.
  • 49 funds opened new RB Global positions in Q3 2023 and 50 closed out, a net change of -1 holder.
  • The largest RB Global buyer in Q3 2023 was Vanguard Group, an estimated $826M added.
  • The largest RB Global seller in Q3 2023 was Discerene Group, an estimated $69.4M sold.

Based on aggregated 13F filings for Q3 2023.