RB Global
185 hedge funds and large institutions have $3.56B invested in RB Global in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 79 increasing their positions, 61 reducing their positions, and 30 closing their positions.
731% more call options, than puts
Call options by funds: $7.65M | Put options by funds: $920K
30% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 61
6% more capital invested
Capital invested by funds: $3.36B → $3.56B (+$200M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2.03% less ownership
Funds ownership: 97.83% → 95.8% (-2%)
8% less funds holding
Funds holding: 202 → 185 (-17)
47% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$90.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$37.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$24.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13.9M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$67.9M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$50.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$14.9M |
| 4 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
-$12.3M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$9.91M |
RBA Hedge Fund Activity: Q2 2018 in Review
185 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q2 2018, worth a combined $3.56B — up 6% from $3.36B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of RBA and 16 opened new positions — a net loss of 14 holders — while 61 trimmed existing stakes and 79 added.
The largest buyer was Fiera Capital (Canada), adding an estimated $90.3M. The largest seller was QV Investors, exiting entirely with an estimated $67.9M sold.
- 185 institutional investors held RB Global (RBA) as of Q2 2018, down from 202 in Q1 2018.
- Funds reported $3.56B of RB Global stock for Q2 2018, up 6% quarter-over-quarter.
- 16 funds opened new RB Global positions in Q2 2018 and 30 closed out, a net change of -14 holders.
- The largest RB Global buyer in Q2 2018 was Fiera Capital (Canada), an estimated $90.3M added.
- The largest RB Global seller in Q2 2018 was QV Investors, an estimated $67.9M sold.
Based on aggregated 13F filings for Q2 2018.