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Institutional Ownership · SEC Form 13F

Who owns RCL (RCL)


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

1,172
Institutional holders
224,134,224
Shares held (tracked funds)

How the tape is positioned

219 tracked funds added or opened RCL while 254 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

RCL’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% 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 RCL 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 1171 tracked filers holding RCL, 612 increased or opened the position and 552 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 RCL 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 51

  • VANGUARD CAPITAL MANAGEMENT LLC$4.4B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$3.4B
  • VANGUARD FIDUCIARY TRUST CO$398M
  • Vanguard Global Advisers, LLC$152M
  • VANGUARD ASSET MANAGEMENT, Ltd$121M
  • CIBC Bancorp USA Inc.$87M

Full exits 67

  • VANGUARD GROUP INC$8.4B
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$104M
  • Forest Avenue Capital Management LP$81M
  • CIBC Private Wealth Group LLC$75M
  • FORSTA AP-FONDEN$25M
  • TODD ASSET MANAGEMENT LLC$22M

Largest adds

  • Capital Research Global Investors$2.1B
  • Capital World Investors$900M
  • BALYASNY ASSET MANAGEMENT L.P.$134M
  • NORGES BANK$133M
  • MARSHALL WACE, LLP$121M
  • UBS Group AG$111M

Largest trims

  • Capital International Investors$3.2B
  • BlackRock, Inc.$761M
  • JANUS HENDERSON GROUP PLC$132M
  • Invesco Ltd.$109M
  • DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main$104M
  • TD Asset Management Inc$104M

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
Capital Research Global Investors added28,255,701$7.8B11.8%2026-Q1
Capital International Investors trimmed25,051,397$6.9B10.4%2026-Q1
BlackRock, Inc. trimmed20,090,128$5.5B8.4%2026-Q1
Capital World Investors added20,062,271$5.5B8.4%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new16,082,869$4.4B6.7%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new12,281,397$3.4B5.1%2026-Q1
STATE STREET CORP trimmed10,418,204$2.9B4.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC trimmed7,048,531$1.9B2.9%2026-Q1
JPMORGAN CHASE & CO added3,433,589$897M1.4%2026-Q1
MORGAN STANLEY added3,108,243$855M1.3%2026-Q1
NORTHERN TRUST CORP trimmed2,373,618$653M1.0%2026-Q1
Invesco Ltd. trimmed2,354,511$648M1.0%2026-Q1
PRIMECAP MANAGEMENT CO/CA/ trimmed2,346,921$646M1.0%2026-Q1
GOLDMAN SACHS GROUP INC trimmed2,299,260$633M1.0%2026-Q1
NORGES BANK added2,873,084$590M0.9%2026-Q1
JANUS HENDERSON GROUP PLC trimmed1,969,599$542M0.8%2026-Q1
DIMENSIONAL FUND ADVISORS LP added1,957,044$538M0.8%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,535,200$422M0.6%2026-Q1
UBS Group AG added1,476,663$406M0.6%2026-Q1
VANGUARD FIDUCIARY TRUST CO new1,445,709$398M0.6%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed1,411,633$388M0.6%2026-Q1
Legal & General Group Plc trimmed1,375,263$378M0.6%2026-Q1
NORDEA INVESTMENT MANAGEMENT AB added1,413,879$374M0.6%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added1,357,577$374M0.6%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added1,284,357$353M0.5%2026-Q1
Bank of New York Mellon Corp trimmed1,277,826$352M0.5%2026-Q1
CITIGROUP INC added1,213,621$334M0.5%2026-Q1
AMERICAN CENTURY COMPANIES INC trimmed1,189,823$327M0.5%2026-Q1
BANK OF AMERICA CORP /DE/ added1,120,613$308M0.5%2026-Q1
AMERIPRISE FINANCIAL INC added1,114,262$307M0.5%2026-Q1
FMR LLC trimmed1,012,399$279M0.4%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main trimmed1,010,800$278M0.4%2026-Q1
National Pension Service added999,815$275M0.4%2026-Q1
Amundi added967,622$266M0.4%2026-Q1
Nuveen, LLC trimmed937,229$258M0.4%2026-Q1
DEUTSCHE BANK AG\ added828,253$228M0.3%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed846,743$226M0.3%2026-Q1
Swiss National Bank added760,318$209M0.3%2026-Q1
FEDERATED HERMES, INC. trimmed640,352$176M0.3%2026-Q1
BESSEMER GROUP INC trimmed629,519$173M0.3%2026-Q1
Capital International, Inc./CA/ trimmed607,017$167M0.3%2026-Q1
ROYAL BANK OF CANADA trimmed601,813$166M0.3%2026-Q1
Ensign Peak Advisors, Inc added597,058$164M0.2%2026-Q1
FRANKLIN RESOURCES INC added590,743$163M0.2%2026-Q1
VOYA INVESTMENT MANAGEMENT LLC trimmed585,770$161M0.2%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added571,697$157M0.2%2026-Q1
WELLS FARGO & COMPANY/MN added566,553$156M0.2%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed559,462$154M0.2%2026-Q1
Vanguard Global Advisers, LLC new553,108$152M0.2%2026-Q1
BARCLAYS PLC added548,576$151M0.2%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed544,613$150M0.2%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed532,566$146M0.2%2026-Q1
TD Asset Management Inc trimmed513,408$141M0.2%2026-Q1
WESTFIELD CAPITAL MANAGEMENT CO LP added505,765$139M0.2%2026-Q1
RHUMBLINE ADVISERS trimmed496,597$137M0.2%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added489,079$135M0.2%2026-Q1
AQR CAPITAL MANAGEMENT LLC added498,188$134M0.2%2026-Q1
MARSHALL WACE, LLP added476,336$131M0.2%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. added448,400$123M0.2%2026-Q1
ASSETMARK, INC added448,078$123M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new440,584$121M0.2%2026-Q1
CAPITAL INTERNATIONAL SARL added393,137$108M0.2%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed386,575$106M0.2%2026-Q1
STOREBRAND ASSET MANAGEMENT AS trimmed367,816$101M0.2%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed344,960$95M0.1%2026-Q1
HSBC HOLDINGS PLC added341,974$94M0.1%2026-Q1
California Public Employees Retirement System trimmed333,741$92M0.1%2026-Q1
Rathbones Group PLC trimmed333,708$92M0.1%2026-Q1
CIBC Bancorp USA Inc. added316,863$87M0.1%2026-Q1
Silvant Capital Management LLC added305,043$84M0.1%2026-Q1
AMF Tjanstepension AB trimmed304,790$84M0.1%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added304,366$84M0.1%2026-Q1
VICTORY CAPITAL MANAGEMENT INC added299,446$82M0.1%2026-Q1
AGF MANAGEMENT LTD added295,724$81M0.1%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added292,729$81M0.1%2026-Q1
Handelsbanken Fonder AB trimmed280,885$77M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed279,696$77M0.1%2026-Q1
SG Americas Securities, LLC trimmed278,869$77M0.1%2026-Q1
ALLIANCEBERNSTEIN L.P. added272,527$76M0.1%2026-Q1
NEUBERGER BERMAN GROUP LLC trimmed261,261$72M0.1%2026-Q1
PARNASSUS INVESTMENTS, LLC added254,264$70M0.1%2026-Q1
MILLENNIUM MANAGEMENT LLC added251,429$69M0.1%2026-Q1
ATALANTA SOSNOFF CAPITAL, LLC trimmed250,018$69M0.1%2026-Q1
TREMBLANT CAPITAL GROUP trimmed241,930$67M0.1%2026-Q1
NATIXIS ADVISORS, LLC added240,766$66M0.1%2026-Q1
FRONTIER CAPITAL MANAGEMENT CO LLC added238,299$66M0.1%2026-Q1
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed223,083$61M0.1%2026-Q1
AVIVA PLC added222,470$61M0.1%2026-Q1
WORLDQUANT MILLENNIUM ADVISORS LLC added221,639$61M0.1%2026-Q1
Robeco Institutional Asset Management B.V. trimmed219,720$60M0.1%2026-Q1
STRS OHIO added205,460$57M0.1%2026-Q1
Calamos Advisors LLC added201,096$55M0.1%2026-Q1
Asset Management One Co., Ltd. added196,711$54M0.1%2026-Q1
CITADEL ADVISORS LLC added193,771$53M0.1%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM added193,374$53M0.1%2026-Q1
VANGUARD GROUP INC added30,253,450$8.4B12.8%2025-Q4 stale
D1 Capital Partners L.P. trimmed1,114,713$229M0.3%2025-Q1 stale
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added372,698$104M0.2%2025-Q4 stale
Forest Avenue Capital Management LP added289,860$81M0.1%2025-Q4 stale
CIBC Private Wealth Group LLC added268,770$75M0.1%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