Who owns RAPP (RAPP)
Which tracked institutional funds hold RAPP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RAPP company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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
41 tracked funds added or opened RAPP while 22 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
RAPP’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RAPP 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 2025-Q4 and 2026-Q1, across 147 tracked filers holding RAPP, 82 increased or opened the position and 63 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 RAPP between the 2025-Q4 and 2026-Q1 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 9
- VANGUARD CAPITAL MANAGEMENT LLC$41M
- Capital World Investors$17M
- VANGUARD PORTFOLIO MANAGEMENT LLC$10M
- VANGUARD FIDUCIARY TRUST CO$6M
- Candriam S.C.A.$6M
- Freestone Grove Partners LP$4M
Full exits 6
- VANGUARD GROUP INC$48M
- Informed Momentum Co LLC$3M
- Eversept Partners, LP$2M
- ExodusPoint Capital Management, LP$1M
- DARK FOREST CAPITAL MANAGEMENT LP$639K
- Brevan Howard Capital Management LP$509K
Largest adds
- Polar Capital Holdings Plc$21M
- T. Rowe Price Investment Management, Inc.$12M
- Vestal Point Capital, LP$11M
- FMR LLC$9M
- TRV GP V, LLC$7M
- Sio Capital Management, LLC$6M
Largest trims
- Capital International Investors$6M
- PRUDENTIAL FINANCIAL INC$4M
- RENAISSANCE TECHNOLOGIES LLC$3M
- Invesco Ltd.$3M
- UBS Group AG$2M
- D. E. Shaw & Co., Inc.$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 |
|---|---|---|---|---|
| FMR LLC added | 7,168,939 | $224M | 13.1% | 2026-Q1 |
| TRV GP V, LLC | 7,135,233 | $223M | 13.0% | 2026-Q1 |
| ARCH Venture Management, LLC | 3,728,738 | $117M | 6.8% | 2026-Q1 |
| Capital International Investors trimmed | 3,097,973 | $97M | 5.6% | 2026-Q1 |
| Cormorant Asset Management, LP trimmed | 2,957,521 | $93M | 5.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 2,942,251 | $92M | 5.4% | 2026-Q1 |
| BlackRock, Inc. added | 2,505,955 | $78M | 4.6% | 2026-Q1 |
| Sofinnova Investments, Inc. | 1,904,408 | $60M | 3.5% | 2026-Q1 |
| JOHNSON & JOHNSON | 1,784,517 | $56M | 3.2% | 2026-Q1 |
| Polar Capital Holdings Plc added | 1,642,461 | $51M | 3.0% | 2026-Q1 |
| BAKER BROS. ADVISORS LP | 1,547,090 | $48M | 2.8% | 2026-Q1 |
| Vestal Point Capital, LP added | 1,436,229 | $45M | 2.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,325,082 | $41M | 2.4% | 2026-Q1 |
| TRV GP VI, LLC | 969,218 | $30M | 1.8% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 918,866 | $29M | 1.7% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 866,456 | $27M | 1.6% | 2026-Q1 |
| STATE STREET CORP added | 759,552 | $24M | 1.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 721,622 | $23M | 1.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 727,843 | $22M | 1.3% | 2026-Q1 |
| PERCEPTIVE ADVISORS LLC | 673,923 | $21M | 1.2% | 2026-Q1 |
| Siren, L.L.C. trimmed | 641,469 | $20M | 1.2% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 620,600 | $19M | 1.1% | 2026-Q1 |
| Capital World Investors new | 536,607 | $17M | 1.0% | 2026-Q1 |
| Sio Capital Management, LLC added | 366,809 | $11M | 0.7% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 320,909 | $10M | 0.6% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 319,552 | $10M | 0.6% | 2026-Q1 |
| KENNEDY CAPITAL MANAGEMENT LLC added | 257,431 | $8M | 0.5% | 2026-Q1 |
| Burkehill Global Management, LP | 250,000 | $8M | 0.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 239,917 | $8M | 0.4% | 2026-Q1 |
| NORTHERN TRUST CORP added | 237,992 | $7M | 0.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 224,498 | $7M | 0.4% | 2026-Q1 |
| Ensign Peak Advisors, Inc | 194,200 | $6M | 0.4% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 189,253 | $6M | 0.3% | 2026-Q1 |
| Candriam S.C.A. new | 185,925 | $6M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 175,449 | $5M | 0.3% | 2026-Q1 |
| Invesco Ltd. trimmed | 171,757 | $5M | 0.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 165,954 | $5M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 151,758 | $5M | 0.3% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 150,000 | $5M | 0.3% | 2026-Q1 |
| Artia Global Partners LP | 138,508 | $4M | 0.3% | 2026-Q1 |
| Freestone Grove Partners LP added | 127,783 | $4M | 0.2% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 114,815 | $4M | 0.2% | 2026-Q1 |
| Swedbank AB | 113,200 | $4M | 0.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 110,826 | $3M | 0.2% | 2026-Q1 |
| TD Asset Management Inc trimmed | 99,078 | $3M | 0.2% | 2026-Q1 |
| CITIGROUP INC added | 78,799 | $2M | 0.1% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 75,359 | $2M | 0.1% | 2026-Q1 |
| DAFNA Capital Management LLC | 75,000 | $2M | 0.1% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 72,948 | $2M | 0.1% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 72,319 | $2M | 0.1% | 2026-Q1 |
| Nuveen, LLC added | 71,508 | $2M | 0.1% | 2026-Q1 |
| Swiss National Bank added | 56,500 | $2M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 56,292 | $2M | 0.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 50,565 | $2M | 0.1% | 2026-Q1 |
| XTX Topco Ltd added | 47,903 | $1M | 0.1% | 2026-Q1 |
| ALPS ADVISORS INC trimmed | 38,907 | $1M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 35,952 | $1M | 0.1% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd new | 35,825 | $1M | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 34,533 | $1M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 33,426 | $1M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 32,918 | $1M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 30,819 | $964K | 0.1% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 28,103 | $879K | 0.1% | 2026-Q1 |
| SECTORAL ASSET MANAGEMENT INC trimmed | 25,421 | $835K | 0.0% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 25,089 | $785K | 0.0% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 24,169 | $756K | 0.0% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 23,914 | $748K | 0.0% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC added | 22,784 | $713K | 0.0% | 2026-Q1 |
| Trexquant Investment LP trimmed | 20,984 | $657K | 0.0% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 18,532 | $580K | 0.0% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 17,240 | $539K | 0.0% | 2026-Q1 |
| Legal & General Group Plc trimmed | 17,154 | $537K | 0.0% | 2026-Q1 |
| MetLife Investment Management, LLC | 15,996 | $501K | 0.0% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 15,672 | $490K | 0.0% | 2026-Q1 |
| Creative Planning added | 15,519 | $486K | 0.0% | 2026-Q1 |
| VARCOV Co. new | 15,473 | $484K | 0.0% | 2026-Q1 |
| Optimize Financial Inc new | 14,656 | $459K | 0.0% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 14,585 | $456K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 15,846 | $439K | 0.0% | 2026-Q1 |
| PSP Research LLC trimmed | 14,000 | $438K | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 1,595,106 | $48M | 2.8% | 2025-Q4 stale |
| FRANKLIN RESOURCES INC new | 250,590 | $7M | 0.4% | 2025-Q3 stale |
| SPHERA FUNDS MANAGEMENT LTD. new | 157,533 | $5M | 0.3% | 2025-Q3 stale |
| Informed Momentum Co LLC trimmed | 85,555 | $3M | 0.2% | 2025-Q4 stale |
| Fort Baker Capital Management LP new | 81,644 | $2M | 0.1% | 2025-Q3 stale |
| Logos Global Management LP | 208,910 | $2M | 0.1% | 2025-Q2 stale |
| Affinity Asset Advisors, LLC new | 199,643 | $2M | 0.1% | 2025-Q2 stale |
| MPM BIOIMPACT LLC new | 71,807 | $2M | 0.1% | 2025-Q3 stale |
| Woodline Partners LP added | 185,028 | $2M | 0.1% | 2025-Q2 stale |
| Eversept Partners, LP trimmed | 59,233 | $2M | 0.1% | 2025-Q4 stale |
| Schonfeld Strategic Advisors LLC new | 57,148 | $2M | 0.1% | 2025-Q3 stale |
| Driehaus Capital Management LLC new | 131,340 | $1M | 0.1% | 2025-Q2 stale |
| NORGES BANK added | 70,000 | $1M | 0.1% | 2025-Q3 stale |
| JANE STREET GROUP, LLC new | 46,223 | $1M | 0.1% | 2025-Q3 stale |
| Deep Track Capital, LP trimmed | 98,237 | $1M | 0.1% | 2025-Q2 stale |
| ExodusPoint Capital Management, LP new | 34,651 | $1M | 0.1% | 2025-Q4 stale |
| BOOTHBAY FUND MANAGEMENT, LLC new | 28,972 | $860K | 0.1% | 2025-Q3 stale |
| DARK FOREST CAPITAL MANAGEMENT LP new | 21,074 | $639K | 0.0% | 2025-Q4 stale |
| Maven Securities LTD trimmed | 20,000 | $594K | 0.0% | 2025-Q3 stale |
| Brevan Howard Capital Management LP new | 16,783 | $509K | 0.0% | 2025-Q4 stale |
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.