Who owns 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-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
4 tracked funds added or opened RPAR while 4 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
RPAR’s largest tracked holder by dollar value, MAI Capital Management, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.8pp 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 2026-Q1 and 2026-Q2, across 20 tracked filers holding RPAR, 9 increased or opened the position and 10 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 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 4
- MAI Capital Management$220M
- a16z Perennial Management, L.P.$16M
- FIG FINANCIAL ADVISORY SERVICES INC /ADV$3M
- Cresset Asset Management, LLC$687K
Full exits 3
- HighTower Advisors, LLC$28M
- JANE STREET GROUP, LLC$1M
- ZEGA Investments, LLC$896K
Largest trims
- EVOKE WEALTH, LLC$237M
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 |
|---|---|---|---|---|
| MAI Capital Management new | 9,891,779 | $220M | 76.5% | 2026-Q2 |
| a16z Perennial Management, L.P. new | 726,729 | $16M | 5.6% | 2026-Q2 |
| Fermata Advisors, LLC added | 209,634 | $5M | 1.6% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC | 158,743 | $4M | 1.2% | 2026-Q2 |
| FIG FINANCIAL ADVISORY SERVICES INC /ADV new | 151,481 | $3M | 1.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 85,747 | $2M | 0.7% | 2026-Q2 |
| LPL Financial LLC added | 64,210 | $1M | 0.5% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 57,811 | $1M | 0.4% | 2026-Q2 |
| Centric Wealth Management | 36,847 | $834K | 0.3% | 2026-Q2 |
| Cresset Asset Management, LLC new | 30,841 | $687K | 0.2% | 2026-Q2 |
| EVOKE WEALTH, LLC trimmed | 23,173 | $516K | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 15,391 | $343K | 0.1% | 2026-Q2 |
| Gladstone Institutional Advisory LLC trimmed | 14,559 | $324K | 0.1% | 2026-Q2 |
| Tidal Investments LLC trimmed | 12,967 | $289K | 0.1% | 2026-Q2 |
| Geneos Wealth Management Inc. | 10,647 | $237K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 10,441 | $232K | 0.1% | 2026-Q2 |
| Main Street Group, LTD | 7,422 | $165K | 0.1% | 2026-Q2 |
| Asset Dedication, LLC | 6,962 | $155K | 0.1% | 2026-Q2 |
| MARSHALL INVESTMENT MANAGEMENT, LLC | 620 | $14K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. | 504 | $11K | 0.0% | 2026-Q2 |
| HighTower Advisors, LLC added | 1,273,827 | $28M | 9.8% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC added | 66,474 | $1M | 0.5% | 2026-Q1 stale (1 quarter behind) |
| ZEGA Investments, LLC new | 40,233 | $896K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 13,051 | $291K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Parkside Financial Bank & Trust new | 4,500 | $100K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC | 2,551 | $57K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| UBS Group AG trimmed | 316 | $7K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Qube Research & Technologies Ltd | 65 | $1K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| SIMPLEX TRADING, LLC trimmed | 26 | $557 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| AE Wealth Management LLC trimmed | 54 | $1K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Empowered Funds, LLC new | 11,061 | $221K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Cambria Investment Management, L.P. new | 11,061 | $221K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.