Who owns RBIL (RBIL)
Which tracked institutional funds hold RBIL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RBIL 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
5 tracked funds added or opened RBIL 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
RBIL’s largest tracked holder by dollar value, Rock Creek Group LLC, sizes it at 3.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RBIL 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 22 tracked filers holding RBIL, 12 increased or opened the position and 14 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 RBIL 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 3
- Rock Creek Group LLC$31M
- Emerald Investment Advisers, LLC$3M
- LPL Financial LLC$609K
Full exits 1
- FLOW TRADERS U.S. LLC$2M
Largest adds
- BlackDiamond Wealth Management, LLC$2M
- ENVESTNET ASSET MANAGEMENT INC$350K
Largest trims
- F/m Investments LLC$6M
- Heck Capital Advisors, LLC$868K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$755K
- CITADEL ADVISORS LLC$744K
- Lido Advisors, LLC$682K
- Central Pacific Bank - Trust Division$376K
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 |
|---|---|---|---|---|
| Rock Creek Group LLC new | 624,707 | $31M | 37.7% | 2026-Q1 |
| F/m Investments LLC trimmed | 63,646 | $3M | 3.8% | 2026-Q1 |
| Emerald Investment Advisers, LLC new | 55,943 | $3M | 3.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 48,803 | $2M | 2.9% | 2026-Q1 |
| BlackDiamond Wealth Management, LLC added | 34,963 | $2M | 2.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 17,291 | $866K | 1.0% | 2026-Q1 |
| Crew Capital Management, Ltd added | 15,649 | $784K | 0.9% | 2026-Q1 |
| Heck Capital Advisors, LLC trimmed | 14,634 | $733K | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 14,576 | $730K | 0.9% | 2026-Q1 |
| LPL Financial LLC new | 12,167 | $609K | 0.7% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 10,939 | $548K | 0.7% | 2026-Q1 |
| Lido Advisors, LLC trimmed | 10,775 | $540K | 0.7% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 7,500 | $376K | 0.5% | 2026-Q1 |
| Snowden Capital Advisors LLC new | 6,532 | $327K | 0.4% | 2026-Q1 |
| Formidable Asset Management, LLC trimmed | 5,100 | $253K | 0.3% | 2026-Q1 |
| Central Pacific Bank - Trust Division trimmed | 4,160 | $208K | 0.3% | 2026-Q1 |
| Spinnaker Investment Group, LLC new | 4,157 | $208K | 0.3% | 2026-Q1 |
| Realta Investment Advisors new | 2,500 | $125K | 0.2% | 2026-Q1 |
| HARBOR INVESTMENT ADVISORY, LLC | 1,993 | $100K | 0.1% | 2026-Q1 |
| MORGAN STANLEY | 252 | $13K | 0.0% | 2026-Q1 |
| UBS Group AG trimmed | 240 | $12K | 0.0% | 2026-Q1 |
| AE Wealth Management LLC | 19 | $952 | 0.0% | 2026-Q1 |
| 3EDGE Asset Management, LP trimmed | 390,454 | $20M | 23.6% | 2025-Q3 stale |
| TOWNSQUARE CAPITAL LLC new | 70,522 | $4M | 4.3% | 2025-Q1 stale |
| Cambridge Investment Research Advisors, Inc. added | 44,153 | $2M | 2.7% | 2025-Q3 stale |
| FLOW TRADERS U.S. LLC added | 44,123 | $2M | 2.6% | 2025-Q4 stale |
| JANE STREET GROUP, LLC trimmed | 32,499 | $2M | 2.0% | 2025-Q3 stale |
| Alliance Wealth Advisors, LLC /UT added | 21,077 | $1M | 1.3% | 2025-Q3 stale |
| Portside Wealth Group, LLC added | 16,701 | $836K | 1.0% | 2025-Q3 stale |
| CERTIOR FINANCIAL GROUP, LLC trimmed | 11,762 | $589K | 0.7% | 2025-Q3 stale |
| Cerity Partners LLC trimmed | 9,512 | $476K | 0.6% | 2025-Q3 stale |
| Arete Wealth Advisors, LLC trimmed | 7,868 | $394K | 0.5% | 2025-Q3 stale |
| Matrix Trust Co trimmed | 6,178 | $309K | 0.4% | 2025-Q3 stale |
| Wallace Advisory Group, LLC trimmed | 5,973 | $299K | 0.4% | 2025-Q3 stale |
| MML INVESTORS SERVICES, LLC added | 5,243 | $260K | 0.3% | 2025-Q4 stale |
| Prosperity Consulting Group, LLC | 4,934 | $247K | 0.3% | 2025-Q2 stale |
| OLD MISSION CAPITAL LLC new | 4,527 | $225K | 0.3% | 2025-Q4 stale |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 4,379 | $219K | 0.3% | 2025-Q3 stale |
| First Western Trust Bank trimmed | 4,280 | $213K | 0.3% | 2025-Q4 stale |
| HRT FINANCIAL LP new | 4,231 | $211K | 0.3% | 2025-Q2 stale |
| RAYMOND JAMES FINANCIAL INC new | 2,416 | $121K | 0.1% | 2025-Q2 stale |
| Semmax Financial Advisors Inc. new | 2,010 | $101K | 0.1% | 2025-Q2 stale |
| BANK OF MONTREAL /CAN/ trimmed | 1,950 | $97K | 0.1% | 2025-Q4 stale |
| NewEdge Advisors, LLC new | 1,468 | $73K | 0.1% | 2025-Q4 stale |
| MAI Capital Management added | 1,001 | $50K | 0.1% | 2025-Q3 stale |
| Continuum Advisory, LLC new | 843 | $42K | 0.1% | 2025-Q1 stale |
| CWM, LLC | 520 | $26K | 0.0% | 2025-Q4 stale |
| OSAIC HOLDINGS, INC. added | 376 | $19K | 0.0% | 2025-Q3 stale |
| MATHER GROUP, LLC. | 65 | $3K | 0.0% | 2025-Q3 stale |
| ROYAL BANK OF CANADA new | 28 | $1K | 0.0% | 2025-Q3 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 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.