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Institutional Ownership · SEC Form 13F

Who owns RAVI (RAVI)


Which tracked institutional funds hold RAVI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RAVI 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.

75
Institutional holders
17,050,094
Shares held (tracked funds)

How the tape is positioned

11 tracked funds added or opened RAVI while 7 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

RAVI’s largest tracked holder by dollar value, NORTHERN TRUST CORP, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in RAVI 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 75 tracked filers holding RAVI, 40 increased or opened the position and 35 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 RAVI 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 6

  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$9M
  • CITADEL ADVISORS LLC$4M
  • FLOW TRADERS U.S. LLC$2M
  • INDEPENDENT FINANCIAL GROUP, LLC$1M
  • JANE STREET GROUP, LLC$834K
  • Emerald Investment Advisers, LLC$763K

Full exits 2

  • F/m Investments LLC$870K
  • J.W. COLE ADVISORS, INC.$767K

Largest adds

  • NORTHERN TRUST CORP$19M
  • MORGAN STANLEY$4M
  • Tactive Advisors, LLC$843K
  • JPMORGAN CHASE & CO$710K
  • Beacon Financial Advisory LLC$263K

Largest trims

  • MML INVESTORS SERVICES, LLC$3M
  • ENVESTNET ASSET MANAGEMENT INC$3M
  • WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$1M
  • Legacy Wealth Managment, LLC/ID$792K
  • Creative Planning$506K

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).

FundSharesReported value% of valueQuarter
NORTHERN TRUST CORP added15,703,681$1.2B91.5%2026-Q1
MORGAN STANLEY added169,656$13M1.0%2026-Q1
Tactive Advisors, LLC added151,270$11M0.9%2026-Q1
INTERACTIVE FINANCIAL ADVISORS, INC. added126,541$10M0.7%2026-Q1
LPL Financial LLC trimmed119,793$9M0.7%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added115,236$9M0.7%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed102,680$8M0.6%2026-Q1
CIM, LLC added78,818$6M0.5%2026-Q1
MML INVESTORS SERVICES, LLC trimmed63,455$5M0.4%2026-Q1
CITADEL ADVISORS LLC added53,300$4M0.3%2026-Q1
Baird Financial Group, Inc. trimmed28,228$2M0.2%2026-Q1
FLOW TRADERS U.S. LLC added22,596$2M0.1%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed20,338$2M0.1%2026-Q1
Boltwood Capital Management20,073$2M0.1%2026-Q1
INDEPENDENT FINANCIAL GROUP, LLC new19,252$1M0.1%2026-Q1
Cetera Investment Advisers trimmed17,903$1M0.1%2026-Q1
OSAIC HOLDINGS, INC. trimmed16,025$1M0.1%2026-Q1
Auour Investments LLC added15,479$1M0.1%2026-Q1
Kestra Advisory Services, LLC added14,199$1M0.1%2026-Q1
KEYNOTE FINANCIAL SERVICES LLC trimmed13,714$1M0.1%2026-Q1
Beacon Financial Advisory LLC added12,162$917K0.1%2026-Q1
JANE STREET GROUP, LLC trimmed11,055$834K0.1%2026-Q1
Emerald Investment Advisers, LLC new10,116$763K0.1%2026-Q1
JPMORGAN CHASE & CO added9,517$717K0.1%2026-Q1
Raab & Moskowitz Asset Management LLC added8,050$607K0.0%2026-Q1
PINNACLE ASSOCIATES LTD added7,814$589K0.0%2026-Q1
Horizon Investments, LLC added7,060$529K0.0%2026-Q1
SILVER OAK SECURITIES, INCORPORATED trimmed6,987$527K0.0%2026-Q1
Legacy Wealth Managment, LLC/ID trimmed5,888$444K0.0%2026-Q1
CALTON & ASSOCIATES, INC. added5,807$438K0.0%2026-Q1
RPg Family Wealth Advisory, LLC added5,647$426K0.0%2026-Q1
Allworth Financial LP trimmed4,662$352K0.0%2026-Q1
Beacon Pointe Advisors, LLC4,539$342K0.0%2026-Q1
1776 Wealth LLC4,413$333K0.0%2026-Q1
ROYAL BANK OF CANADA added4,404$332K0.0%2026-Q1
HighTower Advisors, LLC4,318$326K0.0%2026-Q1
HRT FINANCIAL LP added4,306$324K0.0%2026-Q1
Gateway Wealth Partners, LLC trimmed4,218$318K0.0%2026-Q1
Flaharty Asset Management, LLC4,040$305K0.0%2026-Q1
STIFEL FINANCIAL CORP trimmed3,882$293K0.0%2026-Q1
FOUNDERS FINANCIAL SECURITIES LLC trimmed3,697$278K0.0%2026-Q1
VestGen Advisors, LLC new3,649$275K0.0%2026-Q1
Creative Planning trimmed3,610$272K0.0%2026-Q1
VestGen Investment Management trimmed3,469$262K0.0%2026-Q1
CAMBIENT FAMILY OFFICE, LLC3,423$258K0.0%2026-Q1
Walkner Condon Financial Advisors LLC new3,415$258K0.0%2026-Q1
Nicholas Hoffman & Company, LLC. trimmed3,405$257K0.0%2026-Q1
Sloy Dahl & Holst, LLC3,285$248K0.0%2026-Q1
SIMON QUICK ADVISORS, LLC3,066$231K0.0%2026-Q1
FLYNN ZITO CAPITAL MANAGEMENT, LLC new2,943$222K0.0%2026-Q1
PRIVATE TRUST CO NA new2,943$222K0.0%2026-Q1
UBS Group AG added2,284$172K0.0%2026-Q1
CoreCap Advisors, LLC trimmed1,990$150K0.0%2026-Q1
FIFTH THIRD BANCORP added1,502$113K0.0%2026-Q1
EverSource Wealth Advisors, LLC trimmed563$100K0.0%2026-Q1
BANK OF MONTREAL /CAN/ trimmed948$71K0.0%2026-Q1
Tower Research Capital LLC (TRC) added716$54K0.0%2026-Q1
Arax Advisory Partners699$53K0.0%2026-Q1
MAI Capital Management585$44K0.0%2026-Q1
WELLS FARGO & COMPANY/MN trimmed513$39K0.0%2026-Q1
Birchwood Financial Partners, Inc. trimmed375$28K0.0%2026-Q1
Essential Partners LLC new246$19K0.0%2026-Q1
Rossmore Private Capital207$16K0.0%2026-Q1
Quent Capital, LLC207$16K0.0%2026-Q1
US BANCORP \DE\ added202$15K0.0%2026-Q1
Farther Finance Advisors, LLC added194$15K0.0%2026-Q1
HARBOUR INVESTMENTS, INC. added176$13K0.0%2026-Q1
Qube Research & Technologies Ltd new154$12K0.0%2026-Q1
CREATIVE FINANCIAL DESIGNS INC /ADV added114$9K0.0%2026-Q1
Measured Wealth Private Client Group, LLC88$7K0.0%2026-Q1
Kingdom Financial Group LLC. new72$5K0.0%2026-Q1
Lloyd Advisory Services, LLC. new72$5K0.0%2026-Q1
ALLIANCEBERNSTEIN L.P. new16,886$1M0.1%2025-Q3 stale
INTEGRITY ALLIANCE, LLC. new14,500$1M0.1%2025-Q3 stale
F/m Investments LLC added11,552$870K0.1%2025-Q4 stale
J.W. COLE ADVISORS, INC. added10,179$767K0.1%2025-Q4 stale
GREENLEAF TRUST trimmed8,159$616K0.0%2025-Q2 stale
BESSEMER GROUP INC added5,324$401K0.0%2025-Q4 stale
INSIGNEO ADVISORY SERVICES, LLC new4,662$353K0.0%2025-Q3 stale
Smartleaf Asset Management LLC new3,716$281K0.0%2025-Q3 stale
Bank of New York Mellon Corp trimmed3,534$267K0.0%2025-Q1 stale
COMMONWEALTH EQUITY SERVICES, LLC trimmed3,501$264K0.0%2025-Q2 stale
Rockefeller Capital Management L.P. new3,313$251K0.0%2025-Q3 stale
Mutual Advisors, LLC2,947$222K0.0%2025-Q4 stale
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC2,808$212K0.0%2025-Q1 stale
TrueMark Investments, LLC trimmed2,722$206K0.0%2025-Q1 stale
Cambridge Investment Research Advisors, Inc. trimmed2,687$203K0.0%2025-Q4 stale
Forum Financial Management, LP2,655$200K0.0%2025-Q2 stale
COMERICA BANK trimmed1,502$113K0.0%2025-Q4 stale
Legacy Investment Solutions, LLC new1,343$101K0.0%2025-Q2 stale
RAYMOND JAMES FINANCIAL INC new1,334$101K0.0%2025-Q2 stale
Olde Wealth Management, LLC trimmed783$59K0.0%2025-Q1 stale
BANK OF AMERICA CORP /DE/700$53K0.0%2025-Q1 stale
FLAGSHIP HARBOR ADVISORS, LLC trimmed500$38K0.0%2025-Q4 stale
PRINCIPAL SECURITIES, INC.450$34K0.0%2025-Q1 stale
ARCADIA INVESTMENT MANAGEMENT CORP/MI334$25K0.0%2025-Q3 stale
Cape Investment Advisory, Inc. added257$19K0.0%2025-Q4 stale
NewEdge Advisors, LLC trimmed152$11K0.0%2025-Q4 stale
MARQUETTE ASSOCIATES, INC. trimmed105$8K0.0%2025-Q4 stale
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added100$7K0.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership