Who owns RIV
Which tracked institutional funds hold RIV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RIV company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
8 tracked funds added or opened RIV while 6 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
RIV’s largest tracked holder by dollar value, SIT INVESTMENT ASSOCIATES INC, sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RIV 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 2026-Q1 and 2026-Q2, across 55 tracked filers holding RIV, 30 increased or opened the position and 26 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 RIV between the 2026-Q1 and 2026-Q2 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 2
- Advisory Solutions Group, LLC$985K
- Creative Planning$794K
Full exits 5
- SIT INVESTMENT ASSOCIATES INC$28M
- Penserra Capital Management LLC$8M
- ABSOLUTE INVESTMENT ADVISERS, LLC$3M
- Quarry LP$1M
- Shaker Financial Services, LLC$681K
Largest adds
- RAYMOND JAMES FINANCIAL INC$1M
- LPL Financial LLC$1M
- MORGAN STANLEY$780K
- Everstar Asset Management, LLC$621K
- BANK OF AMERICA CORP /DE/$292K
- Arete Wealth Advisors, LLC$265K
Largest trims
- Yakira Capital Management, Inc.$253K
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 |
|---|---|---|---|---|
| MORGAN STANLEY trimmed | 1,868,969 | $22M | 17.9% | 2026-Q2 |
| LPL Financial LLC added | 595,638 | $7M | 5.7% | 2026-Q2 |
| Arete Wealth Advisors, LLC added | 440,153 | $5M | 4.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 331,846 | $4M | 3.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 292,223 | $3M | 2.8% | 2026-Q2 |
| Yakira Capital Management, Inc. trimmed | 232,717 | $3M | 2.2% | 2026-Q2 |
| Everstar Asset Management, LLC added | 213,685 | $2M | 2.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 199,892 | $2M | 1.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 177,189 | $2M | 1.7% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 169,706 | $2M | 1.6% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 168,674 | $2M | 1.6% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 118,791 | $1M | 1.1% | 2026-Q2 |
| Tennessee Valley Asset Management Partners trimmed | 114,169 | $1M | 1.1% | 2026-Q2 |
| Marks Group Wealth Management, Inc | 107,869 | $1M | 1.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 99,572 | $1M | 1.0% | 2026-Q2 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV trimmed | 85,337 | $995K | 0.8% | 2026-Q2 |
| Advisory Solutions Group, LLC new | 84,470 | $985K | 0.8% | 2026-Q2 |
| NOMURA HOLDINGS INC | 83,864 | $978K | 0.8% | 2026-Q2 |
| Advisor OS, LLC added | 71,289 | $831K | 0.7% | 2026-Q2 |
| Opal Wealth Advisors, LLC added | 68,882 | $803K | 0.7% | 2026-Q2 |
| Creative Planning new | 68,138 | $794K | 0.7% | 2026-Q2 |
| Allworth Financial LP added | 66,047 | $770K | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 56,867 | $663K | 0.5% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 53,779 | $627K | 0.5% | 2026-Q2 |
| NWF Advisory Services Inc. trimmed | 44,527 | $519K | 0.4% | 2026-Q2 |
| CSS LLC/IL | 43,915 | $512K | 0.4% | 2026-Q2 |
| Kovack Advisors, Inc. added | 40,468 | $471K | 0.4% | 2026-Q2 |
| CoreCap Advisors, LLC added | 35,436 | $413K | 0.3% | 2026-Q2 |
| Total Wealth Planning & Management, Inc. added | 31,437 | $367K | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 25,978 | $303K | 0.2% | 2026-Q2 |
| CHOREO, LLC new | 24,362 | $284K | 0.2% | 2026-Q2 |
| UBS Group AG | 21,707 | $253K | 0.2% | 2026-Q2 |
| SeaCrest Wealth Management, LLC added | 21,593 | $252K | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 18,849 | $220K | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 18,700 | $218K | 0.2% | 2026-Q2 |
| Clear Street Group Inc. new | 17,516 | $204K | 0.2% | 2026-Q2 |
| BlackRock, Inc. | 15,373 | $179K | 0.1% | 2026-Q2 |
| Westside Investment Management, Inc. trimmed | 15,000 | $175K | 0.1% | 2026-Q2 |
| WealthTrust Asset Management, LLC trimmed | 14,454 | $169K | 0.1% | 2026-Q2 |
| Sequoia Financial Advisors, LLC | 14,000 | $163K | 0.1% | 2026-Q2 |
| Gateway Wealth Partners, LLC trimmed | 13,833 | $161K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC new | 12,973 | $151K | 0.1% | 2026-Q2 |
| Cetera Investment Advisers added | 12,445 | $145K | 0.1% | 2026-Q2 |
| CHANNEL WEALTH LLC trimmed | 11,121 | $130K | 0.1% | 2026-Q2 |
| ALTERNA WEALTH MANAGEMENT, INC new | 11,007 | $128K | 0.1% | 2026-Q2 |
| CIBC Bancorp USA Inc. | 11,000 | $128K | 0.1% | 2026-Q2 |
| Pinnacle Wealth Planning Services, Inc. | 2,000 | $23K | 0.0% | 2026-Q2 |
| Larson Financial Group LLC new | 930 | $11K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 856 | $10K | 0.0% | 2026-Q2 |
| Luminist Capital LLC | 537 | $6K | 0.0% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 500 | $6K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. | 310 | $4K | 0.0% | 2026-Q2 |
| HIGHLINE WEALTH PARTNERS LLC | 180 | $2K | 0.0% | 2026-Q2 |
| Ameritas Advisory Services, LLC | 100 | $1K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC | 83 | $968 | 0.0% | 2026-Q2 |
| SIT INVESTMENT ASSOCIATES INC trimmed | 2,498,022 | $28M | 22.8% | 2026-Q1 stale (1 quarter behind) |
| Penserra Capital Management LLC added | 746,374 | $8M | 6.8% | 2026-Q1 stale (1 quarter behind) |
| ABSOLUTE INVESTMENT ADVISERS, LLC trimmed | 274,406 | $3M | 2.5% | 2026-Q1 stale (1 quarter behind) |
| Quarry LP trimmed | 119,886 | $1M | 1.1% | 2026-Q1 stale (1 quarter behind) |
| Shaker Financial Services, LLC added | 61,335 | $681K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Janney Montgomery Scott LLC added | 31,994 | $355K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| WEDBUSH SECURITIES INC | 26,489 | $294K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC | 19,280 | $214K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC added | 14,277 | $158K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| TCP Asset Management, LLC new | 11,875 | $132K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| NATIONAL BANK OF CANADA /FI/ | 2,639 | $29K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| WOLVERINE ASSET MANAGEMENT LLC added | 1,396 | $15K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| READYSTATE ASSET MANAGEMENT LP added | 194,655 | $2M | 1.9% | 2025-Q4 stale (2 quarters behind) |
| Tactive Advisors, LLC new | 11,908 | $140K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC trimmed | 11,132 | $131K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| BOOTHBAY FUND MANAGEMENT, LLC new | 120,500 | $1M | 1.2% | 2025-Q3 stale (3 quarters behind) |
| Alpine Global Management, LLC new | 118,000 | $1M | 1.2% | 2025-Q3 stale (3 quarters behind) |
| BALYASNY ASSET MANAGEMENT L.P. new | 58,603 | $703K | 0.6% | 2025-Q3 stale (3 quarters behind) |
| Strategic Financial Concepts, LLC | 10,800 | $130K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| SOA Wealth Advisors, LLC. new | 2,021 | $24K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| OLIVER LAGORE VANVALIN INVESTMENT GROUP added | 3,400 | $40K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Sunbelt Securities, Inc. | 10 | $117 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
1 parent filing withheld from the table above, and from the coverage figures, to avoid listing one book twice: CIBC Private Wealth Group LLC (last filed 2025-Q4, 11,000 shares) reconciles to its 1 current affiliate (11,000 shares) — 0.000% apart.
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.