Who owns RAFE
Which tracked institutional funds hold RAFE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RAFE company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-25). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on RAFE is one-sided between 2026-Q1 and 2026-Q2: 21 added or opened and 1 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
RAFE’s largest tracked holder by dollar value, Savant Capital, LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RAFE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 47 tracked filers holding RAFE, 34 increased or opened the position and 15 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in RAFE between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 3
- GOLDMAN SACHS GROUP INC$960K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$766K
- GGM Financial LLC$502K
Full exits 1
- Capital Analysts, LLC$769K
Largest adds
- Savant Capital, LLC$15M
- Envestnet Portfolio Solutions, Inc.$2M
- COMMONWEALTH EQUITY SERVICES, LLC$2M
- OSAIC HOLDINGS, INC.$2M
- Sellwood Investment Partners LLC$2M
- NewEdge Advisors, LLC$2M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Savant Capital, LLC added | 564,233 | $25M | 21.0% | 2026-Q2 |
| Sellwood Investment Partners LLC trimmed | 470,325 | $23M | 18.5% | 2026-Q2 |
| LPL Financial LLC trimmed | 159,208 | $8M | 6.3% | 2026-Q2 |
| Balanced Rock Investment Advisors LLC added | 152,855 | $7M | 6.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 142,184 | $7M | 5.6% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. added | 138,093 | $7M | 5.4% | 2026-Q2 |
| Arlington Financial Advisors, LLC trimmed | 122,971 | $6M | 4.9% | 2026-Q2 |
| Northwest Bancshares, Inc. added | 108,915 | $5M | 4.3% | 2026-Q2 |
| GenWealth Group, Inc. trimmed | 86,680 | $4M | 3.4% | 2026-Q2 |
| Cetera Investment Advisers added | 69,511 | $3M | 2.7% | 2026-Q2 |
| Financial Insights, Inc. trimmed | 61,530 | $3M | 2.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 41,327 | $2M | 1.6% | 2026-Q2 |
| NewEdge Advisors, LLC added | 39,282 | $2M | 1.5% | 2026-Q2 |
| Bruce G. Allen Investments, LLC added | 37,314 | $2M | 1.5% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 34,331 | $2M | 1.4% | 2026-Q2 |
| Mariner, LLC trimmed | 30,664 | $1M | 1.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 26,652 | $1M | 1.1% | 2026-Q2 |
| Dynamic Advisor Solutions LLC added | 22,259 | $1M | 0.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 20,063 | $960K | 0.8% | 2026-Q2 |
| Mason & Associates Inc trimmed | 16,106 | $771K | 0.6% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 16,008 | $766K | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 14,868 | $712K | 0.6% | 2026-Q2 |
| Walkner Condon Financial Advisors LLC added | 13,875 | $664K | 0.5% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 13,653 | $654K | 0.5% | 2026-Q2 |
| FLYNN ZITO CAPITAL MANAGEMENT, LLC trimmed | 11,214 | $537K | 0.4% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 11,016 | $527K | 0.4% | 2026-Q2 |
| GGM Financial LLC new | 10,491 | $502K | 0.4% | 2026-Q2 |
| Bank of New York Mellon Corp added | 8,384 | $401K | 0.3% | 2026-Q2 |
| Bond & Devick Financial Network, Inc. added | 8,352 | $400K | 0.3% | 2026-Q2 |
| JNBA Financial Advisors trimmed | 8,228 | $394K | 0.3% | 2026-Q2 |
| RHS Financial, LLC added | 8,206 | $393K | 0.3% | 2026-Q2 |
| Milestone Investment Advisors LLC added | 6,954 | $333K | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 5,648 | $270K | 0.2% | 2026-Q2 |
| Sprinkle Financial Consultants LLC added | 5,329 | $255K | 0.2% | 2026-Q2 |
| Williams & Novak, LLC | 5,000 | $239K | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC new | 4,766 | $228K | 0.2% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC new | 4,659 | $223K | 0.2% | 2026-Q2 |
| NOTTINGHAM ADVISORS, INC. new | 4,577 | $218K | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC new | 4,468 | $214K | 0.2% | 2026-Q2 |
| TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV trimmed | 4,447 | $213K | 0.2% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 3,697 | $177K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 3,600 | $172K | 0.1% | 2026-Q2 |
| Sankala Group LLC added | 3,454 | $172K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 3,215 | $154K | 0.1% | 2026-Q2 |
| Smartleaf Asset Management LLC | 1,453 | $70K | 0.1% | 2026-Q2 |
| Providence Capital Advisors, LLC trimmed | 1,276 | $61K | 0.1% | 2026-Q2 |
| BLUELINE ADVISORS LLC | 25 | $1K | 0.0% | 2026-Q2 |
| Capital Analysts, LLC new | 18,489 | $769K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| KWB Wealth trimmed | 8,861 | $372K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| ENVESTNET ASSET MANAGEMENT INC added | 5,110 | $213K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| WELLS FARGO & COMPANY/MN new | 4,169 | $173K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Ascentis Independent Advisors new | 2,745 | $114K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Larson Financial Group LLC added | 2,418 | $102K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Global Retirement Partners, LLC | 516 | $22K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| UBS Group AG trimmed | 15 | $630 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.