RB Global
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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$826M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$60.2M |
| 3 |
CF
Canoe Financial
Calgary,
Alberta, Canada
|
+$56.1M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$50.8M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$48.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DG
Discerene Group
Stamford,
Connecticut
|
-$69.4M |
| 2 |
SHCM
Sachem Head Capital Management
New York
|
-$59.3M |
| 3 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$56.9M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$52.2M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$52M |
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.