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RB Global

391 hedge funds and large institutions have $10B invested in RB Global in 2023 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 149 increasing their positions, 140 reducing their positions, and 111 closing their positions.

New
Increased
Maintained
Reduced
Closed

478% more call options, than puts

Call options by funds: $16.6M | Put options by funds: $2.87M

10% more capital invested

Capital invested by funds: $9.15B → $10B (+$888M)

3.67% more ownership

Funds ownership: 88.19%91.87% (+3.7%)

6% more repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 140

0% more funds holding in top 10

Funds holding in top 10: 1717 (0)

14% less funds holding

Funds holding: 455391 (-64)

58% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 111

Holders
391
Holders Change
-64
Holders Change %
-14.07%
% of All Funds
6.14%
Holding in Top 10
17
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.27%
New
47
Increased
149
Reduced
140
Closed
111
Calls
$16.6M
Puts
$2.87M
Net Calls
+$13.7M
Net Calls Change
+$53M
Name Holding Trade Value Shares
Change
Change in
Stake
IFP
1
Independent Franchise Partners
United Kingdom
$965M +$69.2M +1,227,053 +8%
Massachusetts Financial Services
2
Massachusetts Financial Services
Massachusetts
$561M +$77.7M +1,377,668 +17%
Vanguard Group
3
Vanguard Group
Pennsylvania
$555M +$151M +2,684,298 +41%
EIG
4
EdgePoint Investment Group
Ontario, Canada
$452M +$75.3M +1,336,131 +22%
BGC
5
Beutel, Goodman & Co
Ontario, Canada
$416M +$66.1M +1,172,169 +20%
BlackRock
6
BlackRock
New York
$389M +$271M +4,804,923 +287%
ACH
7
ArrowMark Colorado Holdings
Colorado
$270M +$8.36M +148,206 +3%
CB
8
Cooke & Bieler
Pennsylvania
$261M +$47.3M +838,896 +24%
RP
9
Riverbridge Partners
Minnesota
$244M +$4.57M +81,036 +2%
EAM
10
Eagle Asset Management
Florida
$211M -$7.26M -128,816 -4%
Boston Partners
11
Boston Partners
Massachusetts
$210M +$978K +17,343 +0.5%
AA
12
Ancora Advisors
Ohio
$209M +$37.6M +667,511 +24%
VAM
13
Vontobel Asset Management
New York
$205M +$2.97M +52,653 +2%
Adage Capital Partners
14
Adage Capital Partners
Massachusetts
$191M +$9.13M +161,943 +5%
Janus Henderson Group
15
Janus Henderson Group
United Kingdom
$189M +$1.7M +30,146 +1%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$179M +$119M +2,109,713 +241%
JP Morgan Chase
17
JP Morgan Chase
New York
$163M -$5.98M -106,000 -4%
Bank of America
18
Bank of America
North Carolina
$159M -$53.4M -946,429 -26%
State Street
19
State Street
Massachusetts
$152M +$91.9M +1,629,684 +180%
Fiera Capital (Canada)
20
Fiera Capital (Canada)
Quebec, Canada
$150M +$969K +17,188 +0.7%
Manulife (Manufacturers Life Insurance)
21
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$142M -$10.3M -182,419 -7%
Norges Bank
22
Norges Bank
Norway
$138M +$18.8M +332,806 +17%
Invesco
23
Invesco
Georgia
$126M +$51.8M +918,230 +78%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$125M -$2.07M -36,788 -2%
CIP
25
Champlain Investment Partners
Vermont
$123M +$12.9M +227,910 +13%

RBA Hedge Fund Activity: Q2 2023 in Review

391 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q2 2023, worth a combined $10B — up 9.7% from $9.15B a quarter earlier.

Sellers outnumbered buyers: 111 funds closed out of RBA and 47 opened new positions — a net loss of 64 holders — while 140 trimmed existing stakes and 149 added.

The largest buyer was BlackRock, adding an estimated $271M. The largest seller was Luxor Capital Group, exiting entirely with an estimated $216M sold.

  • 391 institutional investors held RB Global (RBA) as of Q2 2023, down from 455 in Q1 2023.
  • Funds reported $10B of RB Global stock for Q2 2023, up 9.7% quarter-over-quarter.
  • 47 funds opened new RB Global positions in Q2 2023 and 111 closed out, a net change of -64 holders.
  • The largest RB Global buyer in Q2 2023 was BlackRock, an estimated $271M added.
  • The largest RB Global seller in Q2 2023 was Luxor Capital Group, an estimated $216M sold.

Based on aggregated 13F filings for Q2 2023.