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Institutional Ownership · SEC Form 13F

Who owns RPAR (RPAR)


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

20
Institutional holders
12,733,637
Shares held (tracked funds)

How the tape is positioned

7 tracked funds added or opened RPAR while 3 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

RPAR’s largest tracked holder by dollar value, EVOKE WEALTH, LLC, sizes it at 4.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in RPAR 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 20 tracked filers holding RPAR, 11 increased or opened the position and 9 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 RPAR 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 2

  • Lido Advisors, LLC$1M
  • ZEGA Investments, LLC$896K

Full exits 1

  • Tidal Investments LLC$2M

Largest adds

  • EVOKE WEALTH, LLC$12M
  • HighTower Advisors, LLC$3M
  • MORGAN STANLEY$1M
  • JANE STREET GROUP, LLC$603K
  • Fermata Advisors, LLC$290K

Largest trims

  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
  • Centric Wealth Management$361K

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
EVOKE WEALTH, LLC added10,669,231$237M75.8%2026-Q1
HighTower Advisors, LLC added1,273,827$28M9.0%2026-Q1
Fermata Advisors, LLC added207,713$5M1.5%2026-Q1
AQR CAPITAL MANAGEMENT LLC158,743$4M1.1%2026-Q1
MORGAN STANLEY added86,708$2M0.6%2026-Q1
JANE STREET GROUP, LLC added66,474$1M0.5%2026-Q1
LPL Financial LLC trimmed61,318$1M0.4%2026-Q1
Lido Advisors, LLC new61,018$1M0.4%2026-Q1
ZEGA Investments, LLC new40,233$896K0.3%2026-Q1
Centric Wealth Management trimmed36,847$834K0.3%2026-Q1
Gladstone Institutional Advisory LLC trimmed14,901$332K0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed13,051$291K0.1%2026-Q1
Geneos Wealth Management Inc.10,647$237K0.1%2026-Q1
ROYAL BANK OF CANADA trimmed10,367$231K0.1%2026-Q1
Main Street Group, LTD new7,422$165K0.1%2026-Q1
Asset Dedication, LLC6,962$155K0.0%2026-Q1
Parkside Financial Bank & Trust new4,500$100K0.0%2026-Q1
CWM, LLC2,551$57K0.0%2026-Q1
MARSHALL INVESTMENT MANAGEMENT, LLC620$14K0.0%2026-Q1
OSAIC HOLDINGS, INC. added504$11K0.0%2026-Q1
Lindbrook Capital, LLC added1,184,726$23M7.4%2025-Q1 stale
Concurrent Investment Advisors, LLC added137,843$3M0.9%2025-Q1 stale
Tidal Investments LLC added85,601$2M0.6%2025-Q4 stale
FLOW TRADERS U.S. LLC added31,661$623K0.2%2025-Q1 stale
CITADEL ADVISORS LLC added23,817$502K0.2%2025-Q3 stale
Magnolia Private Wealth, LLC trimmed20,680$407K0.1%2025-Q1 stale
Cambria Investment Management, L.P. new11,061$221K0.1%2025-Q2 stale
Empowered Funds, LLC new11,061$221K0.1%2025-Q2 stale
UBS Group AG trimmed316$7K0.0%2025-Q4 stale
Qube Research & Technologies Ltd65$1K0.0%2025-Q4 stale
AE Wealth Management LLC trimmed54$1K0.0%2025-Q3 stale
SIMPLEX TRADING, LLC trimmed26$5570.0%2025-Q4 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%2025-Q2 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