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RB Global

408 hedge funds and large institutions have $12.6B invested in RB Global in 2024 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 125 increasing their positions, 172 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $41.8M | Put options by funds: $29.1M

39% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 38

11% more capital invested

Capital invested by funds: $11.4B → $12.6B (+$1.2B)

3% more funds holding

Funds holding: 396408 (+12)

3.13% less ownership

Funds ownership: 93.02%89.89% (-3.1%)

5% less funds holding in top 10

Funds holding in top 10: 2019 (-1)

27% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 172

Holders
408
Holders Change
+12
Holders Change %
+3.03%
% of All Funds
5.88%
Holding in Top 10
19
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5%
% of All Funds
0.27%
New
53
Increased
125
Reduced
172
Closed
38
Calls
$41.8M
Puts
$29.1M
Net Calls
+$12.7M
Net Calls Change
-$25.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Alyeska Investment Group
26
Alyeska Investment Group
Illinois
$112M -$18.8M -269,131 -15%
Connor, Clark & Lunn Investment Management (CC&L)
27
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$92.5M +$3.56M +50,913 +4%
Fidelity International
28
Fidelity International
Bermuda
$90.4M +$667K +9,555 +0.8%
CF
29
Canoe Financial
Alberta, Canada
$88.6M +$8.36M +119,611 +11%
CIP
30
Champlain Investment Partners
Vermont
$86.9M -$901K -12,900 -1%
Citadel Advisors
31
Citadel Advisors
Florida
$86M +$78.9M +1,129,234 +281,604%
Bank of Montreal
32
Bank of Montreal
Ontario, Canada
$86M +$4.14M +59,199 +6%
Charles Schwab
33
Charles Schwab
California
$79.4M +$768K +11,001 +1%
Ameriprise
34
Ameriprise
Minnesota
$76.5M -$24.7M -354,260 -26%
Northern Trust
35
Northern Trust
Illinois
$65.4M -$309K -4,426 -0.5%
IIM
36
Intact Investment Management
Quebec, Canada
$62.4M +$530K +7,590 +0.9%
Mackenzie Financial
37
Mackenzie Financial
Ontario, Canada
$58.8M -$4.77M -68,264 -8%
William Blair & Company
38
William Blair & Company
Illinois
$58.6M +$76.2K +1,091 +0.1%
Legal & General Group
39
Legal & General Group
United Kingdom
$56.5M -$1.47M -21,050 -3%
N
40
Nuveen
North Carolina
$55.2M +$2.49M +35,716 +5%
Allspring Global Investments
41
Allspring Global Investments
North Carolina
$53.7M +$1.85M +26,548 +4%
BGDI
42
BW Gestao de Investimentos
Brazil
$53.4M +$22.3M +318,582 +83%
CAM
43
Cidel Asset Management
Ontario, Canada
$50.3M -$46.6M -666,957 -50%
PCM
44
Palisade Capital Management
New Jersey
$45.9M -$15.2M -218,035 -27%
TD Asset Management
45
TD Asset Management
Ontario, Canada
$45.9M -$93.4K -1,337 -0.2%
RA
46
Royce & Associates
New York
$45.2M +$4.27M +61,197 +11%
NIG
47
NFJ Investment Group
Texas
$43M -$1.95M -27,918 -5%
Bank of New York Mellon
48
Bank of New York Mellon
New York
$42M -$8.67M -124,070 -18%
Swiss National Bank
49
Swiss National Bank
Switzerland
$41.9M -$2.88M -41,200 -7%
Morgan Stanley
50
Morgan Stanley
New York
$41.7M -$24.6M -352,475 -39%

RBA Hedge Fund Activity: Q1 2024 in Review

408 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q1 2024, worth a combined $12.6B — up 11% from $11.4B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new RBA positions and 38 closed out — a net gain of 15 holders — while 125 added to existing stakes and 172 trimmed.

The largest buyer was Vanguard Group, adding an estimated $80.6M. The largest seller was Independent Franchise Partners, cutting an estimated $102M.

  • 408 institutional investors held RB Global (RBA) as of Q1 2024, up from 396 in Q4 2023.
  • Funds reported $12.6B of RB Global stock for Q1 2024, up 11% quarter-over-quarter.
  • 53 funds opened new RB Global positions in Q1 2024 and 38 closed out, a net change of +15 holders.
  • The largest RB Global buyer in Q1 2024 was Vanguard Group, an estimated $80.6M added.
  • The largest RB Global seller in Q1 2024 was Independent Franchise Partners, an estimated $102M sold.

Based on aggregated 13F filings for Q1 2024.