We are live on ! Find out more
RBA icon

RB Global
RBA

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
455
Holders Change
+103
Holders Change %
+29.26%
% of All Funds
7.25%
Holding in Top 10
17
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+88.89%
% of All Funds
0.27%
New
170
Increased
177
Reduced
75
Closed
60
Calls
$50M
Puts
$89.3M
Net Calls
-$39.3M
Net Calls Change
-$68.3M

Top Buyers

1
IFP
Independent Franchise Partners
United Kingdom
+$587M
2
EIG
EdgePoint Investment Group
Ontario, Canada
+$365M
3
CB
Cooke & Bieler
Pennsylvania
+$207M
4
AA
Ancora Advisors
Ohio
+$166M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$152M

Top Sellers

1
DKCM
Davidson Kempner Capital Management
New York
-$94.2M
2
Invesco
Invesco
Georgia
-$53.9M
3
EC
Eminence Capital
New York
-$41M
4
Janus Henderson Group
Janus Henderson Group
United Kingdom
-$39.4M
5
TAL
TIG Advisors LLC
New York
-$39.4M
Name Holding Trade Value Shares
Change 		Change in
Stake
AllianceBernstein
201
AllianceBernstein
Tennessee
$2.1M +$1.72M +29,210 +360%
UIM
202
USS Investment Management
United Kingdom
$1.97M +$174K +2,955 +9%
CAPTRUST Financial Advisors
203
CAPTRUST Financial Advisors
North Carolina
$1.97M +$942K +15,983 +84%
CI
204
Centerstone Investors
New York
$1.93M +$2.02M +34,296 New
HI
205
HBK Investments
Texas
$1.93M +$2.02M +34,232 New
TA
206
Tectonic Advisors
Texas
$1.93M +$2.02M +34,220 New
JMPWA
207
JP Morgan Private Wealth Advisors
California
$1.91M +$1.28M +21,633 +176%
Axa
208
Axa
France
$1.75M -$1.5M -25,461 -45%
Treasurer of the State of North Carolina
209
Treasurer of the State of North Carolina
North Carolina
$1.73M +$1.81M +30,730 New
FDCDDQ
210
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.73M +$392K +6,656 +31%
Nomura Holdings
211
Nomura Holdings
Japan
$1.67M -$2.95M -50,027 -63%
CSS
212
Cubist Systematic Strategies
Connecticut
$1.6M -$2.49M -42,190 -60%
BB
213
Bell Bank
North Dakota
$1.6M -$93K -1,578 -5%
BC
214
Brookfield Corp
Ontario, Canada
$1.59M +$1.66M +28,159 New
WBC
215
Westpac Banking Corp
Australia
$1.58M +$1.22M +20,740 New
KCM
216
Kornitzer Capital Management
Kansas
$1.56M +$1.63M +27,660 New
WG
217
Winton Group
United Kingdom
$1.52M +$1.6M +27,061 New
HFS
218
Hantz Financial Services
Michigan
$1.52M +$1.59M +26,995 New
OTPPB
219
Ontario Teachers' Pension Plan Board
Ontario, Canada
$1.52M +$1.59M +26,949 New
WF
220
WoodTrust Financial
Wisconsin
$1.5M +$147K +2,500 +10%
Mariner
221
Mariner
Kansas
$1.49M +$1.17M +19,837 +302%
Fidelity Investments
222
Fidelity Investments
Massachusetts
$1.41M -$8.53M -144,669 -85%
VOYA Investment Management
223
VOYA Investment Management
Georgia
$1.41M +$1.47M +24,973 New
DekaBank Deutsche Girozentrale
224
DekaBank Deutsche Girozentrale
Germany
$1.38M +$855K +14,498 +136%
Zurich Cantonal Bank
225
Zurich Cantonal Bank
Switzerland
$1.35M +$226K +3,830 +19%
7 8
9
10 11

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.