Reservoir Media
RSVR
69 hedge funds and large institutions have $129M invested in Reservoir Media in 2025 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 11 closing their positions.
1,435% more call options, than puts
Call options by funds: $8.54M | Put options by funds: $556K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 71 → 69 (-2)
21.7% less ownership
Funds ownership: 47.64% → 25.94% (-22%)
49% less capital invested
Capital invested by funds: $254M → $129M (-$125M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$5.23M |
| 2 |
ICM
Irenic Capital Management
New York
|
+$2.37M |
| 3 |
GC
Gruss & Co
West Palm Beach,
Florida
|
+$1.99M |
| 4 |
6CM
683 Capital Management
New York
|
+$1.18M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$719K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$4.68M |
| 2 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$3.66M |
| 3 |
AIC
AWM Investment Company
New York
|
-$2.22M |
| 4 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$385K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$317K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Squarepoint
New York
| – | -$170K | -20,831 | Closed |
|
77
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$86.9K | -10,678 | Closed |
|
|
IIM
78
INTECH Investment Management
West Palm Beach,
Florida
| – | -$81.5K | -10,009 | Closed |
|
|
SOADOR
79
State of Alaska Department of Revenue
Juneau,
Alaska
| – | -$16K | -2,082 | Closed |
|
|
AAP
80
Arax Advisory Partners
Denver,
Colorado
| – | -$268 | -33 | Closed |
|
RSVR Hedge Fund Activity: Q4 2025 in Review
69 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Reservoir Media (RSVR) for Q4 2025, worth a combined $129M — down 49% from $254M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RSVR and 10 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 24 added.
The largest buyer was Mill Road Capital Management, adding an estimated $5.23M. The largest seller was Federated Hermes, cutting an estimated $4.68M.
- 69 institutional investors held Reservoir Media (RSVR) as of Q4 2025, down from 71 in Q3 2025.
- Funds reported $129M of Reservoir Media stock for Q4 2025, down 49% quarter-over-quarter.
- 10 funds opened new Reservoir Media positions in Q4 2025 and 11 closed out, a net change of -1 holder.
- The largest Reservoir Media buyer in Q4 2025 was Mill Road Capital Management, an estimated $5.23M added.
- The largest Reservoir Media seller in Q4 2025 was Federated Hermes, an estimated $4.68M sold.
Based on aggregated 13F filings for Q4 2025.