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RB Global

408 hedge funds and large institutions have $12.6B invested in RB Global in 2024 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 125 increasing their positions, 172 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $41.8M | Put options by funds: $29.1M

39% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 38

11% more capital invested

Capital invested by funds: $11.4B → $12.6B (+$1.2B)

3% more funds holding

Funds holding: 396408 (+12)

3.13% less ownership

Funds ownership: 93.02%89.89% (-3.1%)

5% less funds holding in top 10

Funds holding in top 10: 2019 (-1)

27% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 172

Holders
408
Holders Change
+12
Holders Change %
+3.03%
% of All Funds
5.88%
Holding in Top 10
19
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5%
% of All Funds
0.27%
New
53
Increased
125
Reduced
172
Closed
38
Calls
$41.8M
Puts
$29.1M
Net Calls
+$12.7M
Net Calls Change
-$25.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.83B +$80.6M +1,153,497 +5%
IFP
2
Independent Franchise Partners
United Kingdom
$1.05B -$102M -1,457,320 -10%
Massachusetts Financial Services
3
Massachusetts Financial Services
Massachusetts
$770M -$3.04M -43,542 -0.4%
EIG
4
EdgePoint Investment Group
Ontario, Canada
$653M +$7.98M +114,225 +1%
VAM
5
Vontobel Asset Management
New York
$538M +$928K +13,287 +0.2%
BlackRock
6
BlackRock
New York
$529M +$8.23M +117,770 +2%
BGC
7
Beutel, Goodman & Co
Ontario, Canada
$525M -$6.39M -91,476 -1%
Adage Capital Partners
8
Adage Capital Partners
Massachusetts
$312M +$8.07M +115,502 +3%
ACH
9
ArrowMark Colorado Holdings
Colorado
$274M -$17.1M -245,117 -6%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$249M +$8.88M +127,155 +4%
RP
11
Riverbridge Partners
Minnesota
$249M -$21.2M -303,122 -8%
EAM
12
Eagle Asset Management
Florida
$248M -$6.37M -91,252 -3%
CB
13
Cooke & Bieler
Pennsylvania
$244M -$29.7M -425,523 -12%
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$241M -$1.1M -15,767 -0.5%
Boston Partners
15
Boston Partners
Massachusetts
$231M +$8.42M +120,469 +4%
Fiera Capital (Canada)
16
Fiera Capital (Canada)
Quebec, Canada
$227M +$35M +501,056 +20%
State Street
17
State Street
Massachusetts
$211M -$675K -9,662 -0.3%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$195M +$33.8M +484,053 +23%
AA
19
Ancora Advisors
Ohio
$187M -$44.4M -634,908 -21%
Norges Bank
20
Norges Bank
Norway
$170M +$7.96M +113,966 +5%
JP Morgan Chase
21
JP Morgan Chase
New York
$148M -$16.8M -240,928 -11%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$144M +$49.1M +702,207 +59%
Invesco
23
Invesco
Georgia
$132M -$5.43M -77,691 -4%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$121M -$5.89M -84,287 -5%
Bank of America
25
Bank of America
North Carolina
$115M -$6.86M -98,232 -6%

RBA Hedge Fund Activity: Q1 2024 in Review

408 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in RB Global (RBA) for Q1 2024, worth a combined $12.6B — up 11% from $11.4B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new RBA positions and 38 closed out — a net gain of 15 holders — while 125 added to existing stakes and 172 trimmed.

The largest buyer was Vanguard Group, adding an estimated $80.6M. The largest seller was Independent Franchise Partners, cutting an estimated $102M.

  • 408 institutional investors held RB Global (RBA) as of Q1 2024, up from 396 in Q4 2023.
  • Funds reported $12.6B of RB Global stock for Q1 2024, up 11% quarter-over-quarter.
  • 53 funds opened new RB Global positions in Q1 2024 and 38 closed out, a net change of +15 holders.
  • The largest RB Global buyer in Q1 2024 was Vanguard Group, an estimated $80.6M added.
  • The largest RB Global seller in Q1 2024 was Independent Franchise Partners, an estimated $102M sold.

Based on aggregated 13F filings for Q1 2024.