Who owns RCI (RCI)
Which tracked institutional funds hold RCI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RCI 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
96 tracked funds added or opened RCI while 66 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
RCI’s largest tracked holder by dollar value, ROYAL BANK OF CANADA, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.1% 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 RCI 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 314 tracked filers holding RCI, 160 increased or opened the position and 137 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 RCI 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 21
- JUPITER ASSET MANAGEMENT LTD$31M
- Andra AP-fonden$21M
- Man Group plc$8M
- Hudson Bay Capital Management LP$7M
- Vanguard Investments Australia, Ltd.$6M
- Alberta Investment Management Corp$4M
Full exits 13
- Canoe Financial LP$43M
- MIRABELLA FINANCIAL SERVICES LLP$15M
- VANGUARD GROUP INC$10M
- Trexquant Investment LP$5M
- MARSHALL WACE, LLP$5M
- FORSTA AP-FONDEN$2M
Largest adds
- Connor, Clark & Lunn Investment Management Ltd.$100M
- TD Waterhouse Canada Inc.$87M
- ROYAL BANK OF CANADA$79M
- CANADA PENSION PLAN INVESTMENT BOARD$59M
- NATIONAL BANK OF CANADA /FI/$50M
- D. E. Shaw & Co., Inc.$47M
Largest trims
- FIL Ltd$175M
- BlackRock, Inc.$88M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$80M
- MACKENZIE FINANCIAL CORP$74M
- MORGAN STANLEY$70M
- 1832 Asset Management L.P.$61M
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 |
|---|---|---|---|---|
| ROYAL BANK OF CANADA added | 27,209,296 | $1.0B | 11.0% | 2026-Q1 |
| FIL Ltd trimmed | 25,936,929 | $998M | 10.5% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 23,584,706 | $907M | 9.5% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 13,409,028 | $516M | 5.4% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 10,957,289 | $420M | 4.4% | 2026-Q1 |
| Beutel, Goodman & Co Ltd. trimmed | 9,491,032 | $364M | 3.8% | 2026-Q1 |
| TD Asset Management Inc added | 8,732,618 | $335M | 3.5% | 2026-Q1 |
| 1832 Asset Management L.P. trimmed | 8,271,426 | $318M | 3.3% | 2026-Q1 |
| Fiera Capital Corp added | 7,437,822 | $286M | 3.0% | 2026-Q1 |
| LETKO, BROSSEAU & ASSOCIATES INC trimmed | 6,511,597 | $250M | 2.6% | 2026-Q1 |
| BANK OF NOVA SCOTIA added | 6,280,164 | $241M | 2.5% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 4,769,190 | $179M | 1.9% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 4,370,470 | $168M | 1.8% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 4,343,775 | $167M | 1.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,051,815 | $164M | 1.7% | 2026-Q1 |
| SCOTIA CAPITAL INC. trimmed | 3,816,866 | $146M | 1.5% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 3,181,014 | $122M | 1.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 3,161,685 | $122M | 1.3% | 2026-Q1 |
| PICTON MAHONEY ASSET MANAGEMENT added | 2,992,163 | $115M | 1.2% | 2026-Q1 |
| TORONTO DOMINION BANK trimmed | 2,946,347 | $113M | 1.2% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 2,855,946 | $110M | 1.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 2,608,469 | $100M | 1.1% | 2026-Q1 |
| AGF MANAGEMENT LTD added | 1,741,472 | $92M | 1.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 2,327,487 | $89M | 0.9% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec trimmed | 2,331,364 | $89M | 0.9% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,025,580 | $78M | 0.8% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 2,007,135 | $77M | 0.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,801,794 | $69M | 0.7% | 2026-Q1 |
| INTACT INVESTMENT MANAGEMENT INC. trimmed | 1,771,601 | $68M | 0.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,785,627 | $68M | 0.7% | 2026-Q1 |
| Legal & General Group Plc trimmed | 1,685,227 | $65M | 0.7% | 2026-Q1 |
| BlackRock, Inc. trimmed | 1,628,003 | $63M | 0.7% | 2026-Q1 |
| Value Partners Investments Inc. trimmed | 1,627,076 | $62M | 0.7% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 1,508,717 | $58M | 0.6% | 2026-Q1 |
| GABELLI FUNDS LLC added | 1,495,950 | $58M | 0.6% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 915,174 | $49M | 0.5% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 1,251,368 | $48M | 0.5% | 2026-Q1 |
| Swiss National Bank added | 1,227,700 | $47M | 0.5% | 2026-Q1 |
| CIBC Asset Management Inc trimmed | 1,141,130 | $44M | 0.5% | 2026-Q1 |
| DigitalBridge Group, Inc. added | 1,129,186 | $43M | 0.5% | 2026-Q1 |
| SIG North Trading, ULC trimmed | 1,097,381 | $42M | 0.4% | 2026-Q1 |
| Scheer, Rowlett & Associates Investment Management Ltd. trimmed | 1,042,339 | $40M | 0.4% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 1,007,101 | $39M | 0.4% | 2026-Q1 |
| Amundi trimmed | 1,001,328 | $39M | 0.4% | 2026-Q1 |
| Hillsdale Investment Management Inc. added | 991,365 | $38M | 0.4% | 2026-Q1 |
| QV Investors Inc. trimmed | 850,843 | $33M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 825,411 | $32M | 0.3% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD added | 798,065 | $31M | 0.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 750,414 | $29M | 0.3% | 2026-Q1 |
| GUARDIAN CAPITAL LP added | 737,820 | $28M | 0.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 729,428 | $28M | 0.3% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 713,365 | $27M | 0.3% | 2026-Q1 |
| Invesco Ltd. trimmed | 697,948 | $27M | 0.3% | 2026-Q1 |
| CITIGROUP INC trimmed | 582,395 | $22M | 0.2% | 2026-Q1 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 572,807 | $22M | 0.2% | 2026-Q1 |
| Northwest & Ethical Investments L.P. trimmed | 573,081 | $22M | 0.2% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL added | 558,611 | $21M | 0.2% | 2026-Q1 |
| BARCLAYS PLC added | 552,757 | $21M | 0.2% | 2026-Q1 |
| Andra AP-fonden added | 385,180 | $21M | 0.2% | 2026-Q1 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed | 502,881 | $19M | 0.2% | 2026-Q1 |
| DekaBank Deutsche Girozentrale | 441,081 | $17M | 0.2% | 2026-Q1 |
| Harvest Portfolios Group Inc. added | 436,893 | $17M | 0.2% | 2026-Q1 |
| Caisse de depot et placement du Quebec trimmed | 435,757 | $17M | 0.2% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC | 430,046 | $17M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 426,113 | $16M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 397,533 | $15M | 0.2% | 2026-Q1 |
| Guardian Partners Inc. added | 371,138 | $14M | 0.1% | 2026-Q1 |
| Cardinal Point Capital Management ULC added | 333,058 | $13M | 0.1% | 2026-Q1 |
| Korea Investment CORP added | 331,845 | $13M | 0.1% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 317,533 | $12M | 0.1% | 2026-Q1 |
| Nuveen, LLC | 309,337 | $12M | 0.1% | 2026-Q1 |
| Allianz Asset Management GmbH added | 300,991 | $12M | 0.1% | 2026-Q1 |
| AVIVA PLC added | 296,732 | $11M | 0.1% | 2026-Q1 |
| NORTHERN TRUST CORP added | 289,171 | $11M | 0.1% | 2026-Q1 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 289,327 | $11M | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 260,006 | $10M | 0.1% | 2026-Q1 |
| BANK OF NOVA SCOTIA TRUST CO added | 255,595 | $10M | 0.1% | 2026-Q1 |
| Addenda Capital Inc. trimmed | 173,038 | $9M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 237,580 | $9M | 0.1% | 2026-Q1 |
| Varma Mutual Pension Insurance Co | 234,900 | $9M | 0.1% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 230,052 | $9M | 0.1% | 2026-Q1 |
| FMR LLC added | 225,805 | $9M | 0.1% | 2026-Q1 |
| Purpose Unlimited Inc. added | 220,343 | $8M | 0.1% | 2026-Q1 |
| State of Tennessee, Department of Treasury added | 214,109 | $8M | 0.1% | 2026-Q1 |
| Pictet Asset Management Holding SA added | 210,891 | $8M | 0.1% | 2026-Q1 |
| Man Group plc added | 200,079 | $8M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 199,062 | $8M | 0.1% | 2026-Q1 |
| Hudson Bay Capital Management LP added | 193,998 | $7M | 0.1% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 185,705 | $7M | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co added | 184,954 | $7M | 0.1% | 2026-Q1 |
| Creative Planning added | 174,839 | $7M | 0.1% | 2026-Q1 |
| Vanguard Investments Australia, Ltd. new | 168,112 | $6M | 0.1% | 2026-Q1 |
| Burgundy Asset Management Ltd. trimmed | 3,331,220 | $119M | 1.3% | 2025-Q3 stale |
| Canoe Financial LP trimmed | 1,138,837 | $43M | 0.5% | 2025-Q4 stale |
| Waratah Capital Advisors Ltd. added | 609,300 | $21M | 0.2% | 2025-Q3 stale |
| MIRABELLA FINANCIAL SERVICES LLP added | 390,111 | $15M | 0.2% | 2025-Q4 stale |
| OMERS ADMINISTRATION Corp added | 420,000 | $14M | 0.2% | 2025-Q3 stale |
| VANGUARD GROUP INC trimmed | 260,095 | $10M | 0.1% | 2025-Q4 stale |
| HSBC HOLDINGS PLC added | 242,861 | $8M | 0.1% | 2025-Q3 stale |
| Point72 (DIFC) Ltd added | 185,500 | $6M | 0.1% | 2025-Q3 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.