Who owns ROAD (ROAD)
Which tracked institutional funds hold ROAD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ROAD 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
79 tracked funds added or opened ROAD while 69 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
ROAD’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% 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 ROAD 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 342 tracked filers holding ROAD, 173 increased or opened the position and 166 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 ROAD 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
- VANGUARD CAPITAL MANAGEMENT LLC$221M
- VANGUARD PORTFOLIO MANAGEMENT LLC$213M
- VANGUARD FIDUCIARY TRUST CO$37M
- MARSHALL WACE, LLP$7M
- Thrivent Financial for Lutherans$7M
- VANGUARD ASSET MANAGEMENT, Ltd$5M
Full exits 19
- VANGUARD GROUP INC$450M
- COMERICA BANK$28M
- Bornite Capital Management LP$16M
- Zimmer Partners, LP$13M
- Squarepoint Ops LLC$12M
- SummitTX Capital, L.P.$7M
Largest adds
- FMR LLC$287M
- JANE STREET GROUP, LLC$63M
- GOLDMAN SACHS GROUP INC$49M
- FIRST TRUST ADVISORS LP$28M
- WASATCH ADVISORS LP$27M
- FIFTH THIRD BANCORP$27M
Largest trims
- BlackRock, Inc.$73M
- ALLIANCEBERNSTEIN L.P.$70M
- AMERICAN CENTURY COMPANIES INC$59M
- Invesco Ltd.$54M
- Conestoga Capital Advisors, LLC$36M
- Artemis Investment Management LLP$25M
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 |
|---|---|---|---|---|
| FMR LLC added | 7,076,241 | $786M | 13.5% | 2026-Q1 |
| BlackRock, Inc. trimmed | 3,165,842 | $352M | 6.0% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,989,673 | $221M | 3.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 1,912,602 | $213M | 3.6% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 1,671,121 | $186M | 3.2% | 2026-Q1 |
| Conestoga Capital Advisors, LLC trimmed | 1,654,102 | $184M | 3.2% | 2026-Q1 |
| GENEVA CAPITAL MANAGEMENT LLC trimmed | 1,561,051 | $173M | 3.0% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 1,384,973 | $154M | 2.6% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,209,362 | $134M | 2.3% | 2026-Q1 |
| STATE STREET CORP added | 1,093,888 | $122M | 2.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 1,030,378 | $114M | 2.0% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC added | 967,350 | $109M | 1.9% | 2026-Q1 |
| Invesco Ltd. trimmed | 959,019 | $107M | 1.8% | 2026-Q1 |
| Capital World Investors | 856,696 | $95M | 1.6% | 2026-Q1 |
| Clearbridge Investments, LLC trimmed | 842,667 | $94M | 1.6% | 2026-Q1 |
| WASATCH ADVISORS LP added | 836,440 | $93M | 1.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 798,236 | $89M | 1.5% | 2026-Q1 |
| Driehaus Capital Management LLC added | 794,464 | $88M | 1.5% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 785,330 | $87M | 1.5% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 705,083 | $78M | 1.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 617,459 | $69M | 1.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 599,154 | $67M | 1.1% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 587,477 | $65M | 1.1% | 2026-Q1 |
| Bank of New York Mellon Corp added | 579,757 | $64M | 1.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 579,205 | $64M | 1.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 547,393 | $61M | 1.0% | 2026-Q1 |
| LOOMIS SAYLES & CO L P trimmed | 541,842 | $60M | 1.0% | 2026-Q1 |
| Artemis Investment Management LLP trimmed | 468,737 | $52M | 0.9% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 458,667 | $51M | 0.9% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 425,569 | $47M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP added | 416,041 | $46M | 0.8% | 2026-Q1 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added | 402,390 | $45M | 0.8% | 2026-Q1 |
| LORD, ABBETT & CO. LLC trimmed | 383,311 | $43M | 0.7% | 2026-Q1 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC added | 375,318 | $42M | 0.7% | 2026-Q1 |
| MORGAN STANLEY added | 374,604 | $42M | 0.7% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 374,476 | $42M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 330,231 | $37M | 0.6% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 305,870 | $34M | 0.6% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 269,031 | $30M | 0.5% | 2026-Q1 |
| BESSEMER GROUP INC trimmed | 266,096 | $30M | 0.5% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 252,591 | $28M | 0.5% | 2026-Q1 |
| SEI INVESTMENTS CO added | 244,076 | $27M | 0.5% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 239,800 | $27M | 0.5% | 2026-Q1 |
| TimesSquare Capital Management, LLC trimmed | 215,959 | $24M | 0.4% | 2026-Q1 |
| Engle Capital Management, L.P. added | 205,000 | $23M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 196,028 | $22M | 0.4% | 2026-Q1 |
| ROYCE & ASSOCIATES LP trimmed | 183,404 | $20M | 0.3% | 2026-Q1 |
| JENNISON ASSOCIATES LLC trimmed | 177,296 | $20M | 0.3% | 2026-Q1 |
| Tyro Capital Management LLC added | 175,896 | $20M | 0.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 162,493 | $18M | 0.3% | 2026-Q1 |
| FEDERATED HERMES, INC. added | 156,715 | $17M | 0.3% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC trimmed | 154,096 | $17M | 0.3% | 2026-Q1 |
| CI INVESTMENTS INC. added | 152,778 | $17M | 0.3% | 2026-Q1 |
| SEGALL BRYANT & HAMILL, LLC trimmed | 136,655 | $17M | 0.3% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 148,460 | $16M | 0.3% | 2026-Q1 |
| UBS Group AG added | 141,870 | $16M | 0.3% | 2026-Q1 |
| Catawba River Capital trimmed | 138,312 | $16M | 0.3% | 2026-Q1 |
| FRED ALGER MANAGEMENT, LLC trimmed | 139,606 | $16M | 0.3% | 2026-Q1 |
| Summit Creek Advisors LLC trimmed | 133,275 | $15M | 0.3% | 2026-Q1 |
| Munro Partners added | 125,575 | $14M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 124,471 | $14M | 0.2% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 123,522 | $14M | 0.2% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 113,379 | $13M | 0.2% | 2026-Q1 |
| AGF MANAGEMENT LTD trimmed | 112,445 | $12M | 0.2% | 2026-Q1 |
| PEREGRINE CAPITAL MANAGEMENT LLC trimmed | 106,176 | $12M | 0.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 104,939 | $12M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 102,837 | $11M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 100,895 | $11M | 0.2% | 2026-Q1 |
| Advisors Asset Management, Inc. added | 98,789 | $11M | 0.2% | 2026-Q1 |
| Nicholas Investment Partners, LP added | 97,032 | $11M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 94,900 | $11M | 0.2% | 2026-Q1 |
| Asset Management One Co., Ltd. trimmed | 86,170 | $10M | 0.2% | 2026-Q1 |
| Ensign Peak Advisors, Inc trimmed | 85,220 | $9M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 84,413 | $9M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 80,501 | $9M | 0.2% | 2026-Q1 |
| Man Group plc trimmed | 78,401 | $9M | 0.1% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 76,085 | $8M | 0.1% | 2026-Q1 |
| Pathstone Holdings, LLC trimmed | 71,290 | $8M | 0.1% | 2026-Q1 |
| MARSHALL WACE, LLP added | 62,624 | $7M | 0.1% | 2026-Q1 |
| Thrivent Financial for Lutherans new | 59,349 | $7M | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 58,347 | $6M | 0.1% | 2026-Q1 |
| BARCLAYS PLC trimmed | 56,127 | $6M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 55,972 | $6M | 0.1% | 2026-Q1 |
| Lisanti Capital Growth, LLC trimmed | 53,293 | $6M | 0.1% | 2026-Q1 |
| RICE HALL JAMES & ASSOCIATES, LLC trimmed | 52,807 | $6M | 0.1% | 2026-Q1 |
| 12th Street Asset Management Company, LLC added | 51,564 | $6M | 0.1% | 2026-Q1 |
| LPL Financial LLC added | 49,882 | $6M | 0.1% | 2026-Q1 |
| OAK RIDGE INVESTMENTS LLC added | 49,226 | $5M | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 50,205 | $5M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 4,144,874 | $450M | 7.7% | 2025-Q4 stale |
| MACQUARIE GROUP LTD trimmed | 1,322,972 | $168M | 2.9% | 2025-Q3 stale |
| COMERICA BANK added | 255,975 | $28M | 0.5% | 2025-Q4 stale |
| Bornite Capital Management LP new | 150,000 | $16M | 0.3% | 2025-Q4 stale |
| Zimmer Partners, LP added | 120,000 | $13M | 0.2% | 2025-Q4 stale |
| Squarepoint Ops LLC added | 112,570 | $12M | 0.2% | 2025-Q4 stale |
| SummitTX Capital, L.P. added | 65,260 | $7M | 0.1% | 2025-Q4 stale |
| PINNBROOK CAPITAL MANAGEMENT LP new | 49,422 | $6M | 0.1% | 2025-Q3 stale |
| Informed Momentum Co LLC added | 49,388 | $6M | 0.1% | 2025-Q3 stale |
| EFG Asset Management (North America) Corp. added | 46,677 | $6M | 0.1% | 2025-Q3 stale |
| Trexquant Investment LP trimmed | 41,628 | $5M | 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.