Who owns RSVR (RSVR)
Which tracked institutional funds hold RSVR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RSVR 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
The tracked-fund tape on RSVR is one-sided between 2025-Q4 and 2026-Q1: 20 added or opened and 5 trimmed or exited — on balance accumulating.
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
RSVR’s largest tracked holder by dollar value, Richmond Hill Investments, LLC, sizes it at 60.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 60.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RSVR 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 90 tracked filers holding RSVR, 39 increased or opened the position and 35 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 RSVR 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 5
- VANGUARD CAPITAL MANAGEMENT LLC$4M
- SANDERS MORRIS HARRIS LLC$3M
- VANGUARD FIDUCIARY TRUST CO$2M
- VANGUARD PORTFOLIO MANAGEMENT LLC$1M
- Marble Bar Asset Management LLP$574K
Full exits 2
- VANGUARD GROUP INC$5M
- CITADEL ADVISORS LLC$5M
Largest adds
- Irenic Capital Management LP$15M
- DIMENSIONAL FUND ADVISORS LP$3M
- Gruss & Co., LLC$3M
- Nantahala Capital Management, LLC$2M
- GEODE CAPITAL MANAGEMENT, LLC$2M
- BlackRock, Inc.$2M
Largest trims
- Mill Road Capital Management LLC$2M
- TENOR CAPITAL MANAGEMENT Co., L.P.$2M
- 683 Capital Management, LLC$307K
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 |
|---|---|---|---|---|
| Irenic Capital Management LP added | 6,181,176 | $61M | 20.4% | 2026-Q1 |
| BlackRock, Inc. trimmed | 1,231,452 | $12M | 4.1% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,140,363 | $11M | 3.8% | 2026-Q1 |
| FEDERATED HERMES, INC. trimmed | 1,000,000 | $10M | 3.3% | 2026-Q1 |
| Nantahala Capital Management, LLC | 940,960 | $9M | 3.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 681,287 | $7M | 2.2% | 2026-Q1 |
| Mill Road Capital Management LLC trimmed | 560,658 | $5M | 1.8% | 2026-Q1 |
| AWM Investment Company, Inc. | 551,594 | $5M | 1.8% | 2026-Q1 |
| Gruss & Co., LLC added | 511,834 | $5M | 1.7% | 2026-Q1 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 25,000 | $5M | 1.7% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 477,426 | $5M | 1.6% | 2026-Q1 |
| STATE STREET CORP added | 405,030 | $4M | 1.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 386,403 | $4M | 1.3% | 2026-Q1 |
| First Pacific Advisors, LP trimmed | 308,747 | $3M | 1.0% | 2026-Q1 |
| SANDERS MORRIS HARRIS LLC added | 266,068 | $3M | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP added | 191,110 | $2M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 188,637 | $2M | 0.6% | 2026-Q1 |
| Hurley Capital, LLC added | 163,582 | $2M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 123,995 | $1M | 0.4% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 117,600 | $1M | 0.4% | 2026-Q1 |
| Weiss Asset Management LP | 96,074 | $941K | 0.3% | 2026-Q1 |
| 683 Capital Management, LLC trimmed | 90,000 | $881K | 0.3% | 2026-Q1 |
| BARCLAYS PLC trimmed | 86,734 | $849K | 0.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 81,804 | $801K | 0.3% | 2026-Q1 |
| Boston Partners trimmed | 69,954 | $685K | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 67,053 | $656K | 0.2% | 2026-Q1 |
| North Star Investment Management Corp. added | 64,000 | $627K | 0.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 59,070 | $578K | 0.2% | 2026-Q1 |
| Marble Bar Asset Management LLP new | 58,648 | $574K | 0.2% | 2026-Q1 |
| Inspire Investing, LLC trimmed | 53,794 | $527K | 0.2% | 2026-Q1 |
| Nuveen, LLC | 37,213 | $364K | 0.1% | 2026-Q1 |
| Walleye Capital LLC trimmed | 1,756,562 | $351K | 0.1% | 2026-Q1 |
| EXCHANGE TRADED CONCEPTS, LLC trimmed | 31,136 | $305K | 0.1% | 2026-Q1 |
| GABELLI FUNDS LLC | 28,500 | $279K | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 27,141 | $266K | 0.1% | 2026-Q1 |
| Ewing Morris & Co. Investment Partners Ltd. new | 27,000 | $264K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 25,856 | $253K | 0.1% | 2026-Q1 |
| E&G Advisors, LP trimmed | 24,100 | $236K | 0.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 23,720 | $232K | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 14,956 | $147K | 0.0% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 13,617 | $133K | 0.0% | 2026-Q1 |
| Invesco Ltd. trimmed | 13,331 | $131K | 0.0% | 2026-Q1 |
| MetLife Investment Management, LLC trimmed | 12,727 | $125K | 0.0% | 2026-Q1 |
| ARISTEIA CAPITAL, L.L.C. | 685,841 | $115K | 0.0% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. | 15,180 | $115K | 0.0% | 2026-Q1 |
| LMR Partners LLP added | 539,820 | $108K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 11,272 | $107K | 0.0% | 2026-Q1 |
| Meridian Wealth Advisors, LLC | 10,000 | $98K | 0.0% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 9,676 | $95K | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 9,490 | $93K | 0.0% | 2026-Q1 |
| D. E. Shaw & Co., Inc. | 547,924 | $82K | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 7,668 | $75K | 0.0% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND | 7,368 | $72K | 0.0% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 6,322 | $62K | 0.0% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 4,689 | $46K | 0.0% | 2026-Q1 |
| Police & Firemen's Retirement System of New Jersey | 4,396 | $43K | 0.0% | 2026-Q1 |
| FMR LLC added | 3,252 | $32K | 0.0% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 191 | $21K | 0.0% | 2026-Q1 |
| CITIGROUP INC added | 2,068 | $20K | 0.0% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC trimmed | 100,000 | $20K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. | 1,900 | $19K | 0.0% | 2026-Q1 |
| Legal & General Group Plc | 1,743 | $17K | 0.0% | 2026-Q1 |
| WOLVERINE ASSET MANAGEMENT LLC added | 84,931 | $17K | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 1,556 | $16K | 0.0% | 2026-Q1 |
| Ameritas Investment Partners, Inc. | 1,534 | $15K | 0.0% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,466 | $14K | 0.0% | 2026-Q1 |
| SEI INVESTMENTS CO added | 75,144 | $11K | 0.0% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 1,100 | $11K | 0.0% | 2026-Q1 |
| CWM, LLC added | 771 | $8K | 0.0% | 2026-Q1 |
| Sterling Capital Management LLC trimmed | 631 | $6K | 0.0% | 2026-Q1 |
| Cruiser Capital Advisors, LLC | 30,503 | $6K | 0.0% | 2026-Q1 |
| Torren Management, LLC | 472 | $5K | 0.0% | 2026-Q1 |
| Walleye Trading LLC | 12,299 | $2K | 0.0% | 2026-Q1 |
| TORONTO DOMINION BANK | 10,847 | $2K | 0.0% | 2026-Q1 |
| Optiver Holding B.V. trimmed | 198 | $2K | 0.0% | 2026-Q1 |
| Richmond Hill Investments, LLC added | 14,250,337 | $116M | 39.1% | 2025-Q3 stale |
| VANGUARD GROUP INC added | 689,386 | $5M | 1.8% | 2025-Q4 stale |
| CITADEL ADVISORS LLC added | 626,200 | $5M | 1.6% | 2025-Q4 stale |
| MILLENNIUM MANAGEMENT LLC added | 62,426 | $476K | 0.2% | 2025-Q1 stale |
| HSBC HOLDINGS PLC added | 58,507 | $440K | 0.1% | 2025-Q4 stale |
| Repertoire Partners LP new | 50,401 | $385K | 0.1% | 2025-Q1 stale |
| GSA CAPITAL PARTNERS LLP trimmed | 38,940 | $317K | 0.1% | 2025-Q3 stale |
| HRT FINANCIAL LP added | 34,649 | $265K | 0.1% | 2025-Q2 stale |
| Integrated Quantitative Investments LLC | 33,600 | $258K | 0.1% | 2025-Q2 stale |
| JANE STREET GROUP, LLC trimmed | 31,035 | $253K | 0.1% | 2025-Q3 stale |
| SIMPLEX TRADING, LLC added | 30,624 | $249K | 0.1% | 2025-Q3 stale |
| Squarepoint Ops LLC trimmed | 20,831 | $170K | 0.1% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP trimmed | 15,100 | $115K | 0.0% | 2025-Q1 stale |
| Corton Capital Inc. trimmed | 13,796 | $105K | 0.0% | 2025-Q1 stale |
| RENAISSANCE TECHNOLOGIES LLC added | 12,600 | $97K | 0.0% | 2025-Q2 stale |
| INTECH INVESTMENT MANAGEMENT LLC trimmed | 10,009 | $81K | 0.0% | 2025-Q3 stale |
| Corebridge Financial, Inc. trimmed | 9,539 | $73K | 0.0% | 2025-Q1 stale |
| 1492 Capital Management LLC trimmed | 147,981 | $41K | 0.0% | 2025-Q4 stale |
| PICTON MAHONEY ASSET MANAGEMENT added | 2,897 | $22K | 0.0% | 2025-Q1 stale |
| State of Alaska, Department of Revenue new | 2,082 | $16K | 0.0% | 2025-Q3 stale |
| 272 Capital LP | 15,000 | $13K | 0.0% | 2025-Q3 stale |
| AMALGAMATED BANK trimmed | 640 | $5K | 0.0% | 2025-Q4 stale |
| RAYMOND JAMES FINANCIAL INC new | 400 | $3K | 0.0% | 2025-Q2 stale |
| Sunbelt Securities, Inc. new | 400 | $3K | 0.0% | 2025-Q1 stale |
| Sandia Investment Management LP new | 8,695 | $2K | 0.0% | 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.
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.