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RB Global
RBA

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: 17 → 17 (0)

2% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 50

2% less funds holding

Funds holding: 391 → 385 (-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

Top Buyers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
+$826M
2
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
+$60.2M
3
CF
Canoe Financial
Alberta, Canada
+$56.1M
4
EIG
EdgePoint Investment Group
Ontario, Canada
+$50.8M
5
Legal & General Group
Legal & General Group
United Kingdom
+$48.8M

Top Sellers

Rank Fund Capital Flow
1
DG
Discerene Group
Connecticut
-$69.4M
2
SHCM
Sachem Head Capital Management
New York
-$59.3M
3
TGA
TPG GP A
Texas
-$56.9M
4
BCIM
British Columbia Investment Management
British Columbia, Canada
-$52.2M
5
CB
Cooke & Bieler
Pennsylvania
-$52M
Name Holding Trade Value Shares
Change 		Change in
Stake
NIG
51
NFJ Investment Group
Texas
$40.7M +$39M +632,621 +3,323%
Swiss National Bank
52
Swiss National Bank
Switzerland
$38.5M -$4.55M -73,900 -11%
TD Asset Management
53
TD Asset Management
Ontario, Canada
$36.5M -$4.5M -73,114 -11%
Envestnet Asset Management
54
Envestnet Asset Management
Illinois
$36.2M +$5.24M +85,004 +17%
SI
55
Scout Investments
Missouri
$35.7M +$8.5M +137,987 +32%
New York State Common Retirement Fund
56
New York State Common Retirement Fund
New York
$31.7M -$2.79M -45,229 -8%
N
57
Nuveen
North Carolina
$30.1M +$29.6M +480,851 New
Walleye Capital
58
Walleye Capital
New York
$28.2M +$15.9M +257,494 +133%
TGA
59
TPG GP A
Texas
$27.9M -$56.9M -923,551 -67%
NC
60
Nitorum Capital
New York
$27.8M +$2.3M +37,400 +9%
PAMP
61
Polar Asset Management Partners
Ontario, Canada
$27.5M +$2.35M +38,100 +10%
DG
62
Discerene Group
Connecticut
$27.4M -$69.4M -1,126,030 -72%
SEI Investments
63
SEI Investments
Pennsylvania
$27.2M -$1.29M -20,981 -5%
FFAM
64
Forge First Asset Management
Canada
$25.7M +$20.9M +338,921 +565%
Morgan Stanley
65
Morgan Stanley
New York
$25.5M -$5.51M -89,443 -18%
Dimensional Fund Advisors
66
Dimensional Fund Advisors
Texas
$24.4M -$2.82M -45,706 -10%
Goldman Sachs
67
Goldman Sachs
New York
$23.3M -$19.9M -322,335 -46%
Sumitomo Mitsui Trust Group
68
Sumitomo Mitsui Trust Group
Japan
$23.3M -$577K -9,358 -2%
NC
69
Nicholas Company
Wisconsin
$22.4M – – –
QI
70
QV Investors
Alberta, Canada
$21.4M +$13.8M +223,860 +192%
Millennium Management
71
Millennium Management
New York
$21.2M -$5.26M -85,292 -20%
OCAM
72
Onex Canada Asset Management
Ontario, Canada
$20.9M – – –
CVA
73
Ceredex Value Advisors
Florida
$20.8M -$4.23M -68,650 -17%
HSBC Holdings
74
HSBC Holdings
United Kingdom
$20.6M -$24.3M -394,364 -54%
OMC
75
Oasis Management Company
Cayman Islands
$19.7M +$19.4M +314,906 New
1 2
3
4 5

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.