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Institutional Ownership · SEC Form 13F

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.

314
Institutional holders
245,739,335
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
ROYAL BANK OF CANADA added27,209,296$1.0B11.0%2026-Q1
FIL Ltd trimmed25,936,929$998M10.5%2026-Q1
BANK OF MONTREAL /CAN/ trimmed23,584,706$907M9.5%2026-Q1
CIBC WORLD MARKET INC. added13,409,028$516M5.4%2026-Q1
NATIONAL BANK OF CANADA /FI/ added10,957,289$420M4.4%2026-Q1
Beutel, Goodman & Co Ltd. trimmed9,491,032$364M3.8%2026-Q1
TD Asset Management Inc added8,732,618$335M3.5%2026-Q1
1832 Asset Management L.P. trimmed8,271,426$318M3.3%2026-Q1
Fiera Capital Corp added7,437,822$286M3.0%2026-Q1
LETKO, BROSSEAU & ASSOCIATES INC trimmed6,511,597$250M2.6%2026-Q1
BANK OF NOVA SCOTIA added6,280,164$241M2.5%2026-Q1
TD Waterhouse Canada Inc. added4,769,190$179M1.9%2026-Q1
MACKENZIE FINANCIAL CORP trimmed4,370,470$168M1.8%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed4,343,775$167M1.8%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added4,051,815$164M1.7%2026-Q1
SCOTIA CAPITAL INC. trimmed3,816,866$146M1.5%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added3,181,014$122M1.3%2026-Q1
MORGAN STANLEY trimmed3,161,685$122M1.3%2026-Q1
PICTON MAHONEY ASSET MANAGEMENT added2,992,163$115M1.2%2026-Q1
TORONTO DOMINION BANK trimmed2,946,347$113M1.2%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added2,855,946$110M1.2%2026-Q1
FIRST TRUST ADVISORS LP trimmed2,608,469$100M1.1%2026-Q1
AGF MANAGEMENT LTD added1,741,472$92M1.0%2026-Q1
GOLDMAN SACHS GROUP INC trimmed2,327,487$89M0.9%2026-Q1
Federation des caisses Desjardins du Quebec trimmed2,331,364$89M0.9%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,025,580$78M0.8%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed2,007,135$77M0.8%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed1,801,794$69M0.7%2026-Q1
INTACT INVESTMENT MANAGEMENT INC. trimmed1,771,601$68M0.7%2026-Q1
JPMORGAN CHASE & CO added1,785,627$68M0.7%2026-Q1
Legal & General Group Plc trimmed1,685,227$65M0.7%2026-Q1
BlackRock, Inc. trimmed1,628,003$63M0.7%2026-Q1
Value Partners Investments Inc. trimmed1,627,076$62M0.7%2026-Q1
D. E. Shaw & Co., Inc. added1,508,717$58M0.6%2026-Q1
GABELLI FUNDS LLC added1,495,950$58M0.6%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed915,174$49M0.5%2026-Q1
TWO SIGMA INVESTMENTS, LP added1,251,368$48M0.5%2026-Q1
Swiss National Bank added1,227,700$47M0.5%2026-Q1
CIBC Asset Management Inc trimmed1,141,130$44M0.5%2026-Q1
DigitalBridge Group, Inc. added1,129,186$43M0.5%2026-Q1
SIG North Trading, ULC trimmed1,097,381$42M0.4%2026-Q1
Scheer, Rowlett & Associates Investment Management Ltd. trimmed1,042,339$40M0.4%2026-Q1
DEUTSCHE BANK AG\ added1,007,101$39M0.4%2026-Q1
Amundi trimmed1,001,328$39M0.4%2026-Q1
Hillsdale Investment Management Inc. added991,365$38M0.4%2026-Q1
QV Investors Inc. trimmed850,843$33M0.3%2026-Q1
UBS Group AG trimmed825,411$32M0.3%2026-Q1
JUPITER ASSET MANAGEMENT LTD added798,065$31M0.3%2026-Q1
FRANKLIN RESOURCES INC added750,414$29M0.3%2026-Q1
GUARDIAN CAPITAL LP added737,820$28M0.3%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added729,428$28M0.3%2026-Q1
Point72 Asset Management, L.P. added713,365$27M0.3%2026-Q1
Invesco Ltd. trimmed697,948$27M0.3%2026-Q1
CITIGROUP INC trimmed582,395$22M0.2%2026-Q1
MUFG SECURITIES (CANADA), LTD. trimmed572,807$22M0.2%2026-Q1
Northwest & Ethical Investments L.P. trimmed573,081$22M0.2%2026-Q1
GAMCO INVESTORS, INC. ET AL added558,611$21M0.2%2026-Q1
BARCLAYS PLC added552,757$21M0.2%2026-Q1
Andra AP-fonden added385,180$21M0.2%2026-Q1
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed502,881$19M0.2%2026-Q1
DekaBank Deutsche Girozentrale441,081$17M0.2%2026-Q1
Harvest Portfolios Group Inc. added436,893$17M0.2%2026-Q1
Caisse de depot et placement du Quebec trimmed435,757$17M0.2%2026-Q1
BOOTHBAY FUND MANAGEMENT, LLC430,046$17M0.2%2026-Q1
Bank of New York Mellon Corp added426,113$16M0.2%2026-Q1
CITADEL ADVISORS LLC trimmed397,533$15M0.2%2026-Q1
Guardian Partners Inc. added371,138$14M0.1%2026-Q1
Cardinal Point Capital Management ULC added333,058$13M0.1%2026-Q1
Korea Investment CORP added331,845$13M0.1%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added317,533$12M0.1%2026-Q1
Nuveen, LLC309,337$12M0.1%2026-Q1
Allianz Asset Management GmbH added300,991$12M0.1%2026-Q1
AVIVA PLC added296,732$11M0.1%2026-Q1
NORTHERN TRUST CORP added289,171$11M0.1%2026-Q1
Zurcher Kantonalbank (Zurich Cantonalbank) added289,327$11M0.1%2026-Q1
Qube Research & Technologies Ltd added260,006$10M0.1%2026-Q1
BANK OF NOVA SCOTIA TRUST CO added255,595$10M0.1%2026-Q1
Addenda Capital Inc. trimmed173,038$9M0.1%2026-Q1
Russell Investments Group, Ltd. trimmed237,580$9M0.1%2026-Q1
Varma Mutual Pension Insurance Co234,900$9M0.1%2026-Q1
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed230,052$9M0.1%2026-Q1
FMR LLC added225,805$9M0.1%2026-Q1
Purpose Unlimited Inc. added220,343$8M0.1%2026-Q1
State of Tennessee, Department of Treasury added214,109$8M0.1%2026-Q1
Pictet Asset Management Holding SA added210,891$8M0.1%2026-Q1
Man Group plc added200,079$8M0.1%2026-Q1
JANE STREET GROUP, LLC trimmed199,062$8M0.1%2026-Q1
Hudson Bay Capital Management LP added193,998$7M0.1%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added185,705$7M0.1%2026-Q1
CANADA LIFE ASSURANCE Co added184,954$7M0.1%2026-Q1
Creative Planning added174,839$7M0.1%2026-Q1
Vanguard Investments Australia, Ltd. new168,112$6M0.1%2026-Q1
Burgundy Asset Management Ltd. trimmed3,331,220$119M1.3%2025-Q3 stale
Canoe Financial LP trimmed1,138,837$43M0.5%2025-Q4 stale
Waratah Capital Advisors Ltd. added609,300$21M0.2%2025-Q3 stale
MIRABELLA FINANCIAL SERVICES LLP added390,111$15M0.2%2025-Q4 stale
OMERS ADMINISTRATION Corp added420,000$14M0.2%2025-Q3 stale
VANGUARD GROUP INC trimmed260,095$10M0.1%2025-Q4 stale
HSBC HOLDINGS PLC added242,861$8M0.1%2025-Q3 stale
Point72 (DIFC) Ltd added185,500$6M0.1%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.

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.

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