Who owns RWL (RWL)
Which tracked institutional funds hold RWL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RWL 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 RWL is one-sided between 2025-Q4 and 2026-Q1: 101 added or opened and 30 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
RWL’s largest tracked holder by dollar value, Invesco Ltd., sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 0.1pp gap the other way — the median holder sizes RWL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in RWL 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 322 tracked filers holding RWL, 203 increased or opened the position and 91 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 RWL 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
- Independent Advisor Alliance$20M
- LeClair Wealth Partners LLC$16M
- WJ Wealth Management, LLC$5M
- Autumn Glory Partners, LLC$4M
- PAX Financial Group, LLC$4M
- MGO ONE SEVEN LLC$3M
Full exits 6
- Global Retirement Partners, LLC$34M
- BNP PARIBAS FINANCIAL MARKETS$9M
- Fortis Group Advisors, LLC$2M
- COMERICA BANK$1M
- RENAISSANCE TECHNOLOGIES LLC$1M
- Envestnet Portfolio Solutions, Inc.$652K
Largest adds
- Invesco Ltd.$174M
- LPL Financial LLC$86M
- Bank of New York Mellon Corp$81M
- Capital Analysts, LLC$80M
- Cetera Investment Advisers$26M
- AMERIPRISE FINANCIAL INC$22M
Largest trims
- AXXCESS WEALTH MANAGEMENT, LLC$126M
- EverSource Wealth Advisors, LLC$18M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$15M
- VANTAGEPOINT INVESTMENT ADVISERS LLC$12M
- M&T Bank Corp$9M
- Brookstone Capital Management$6M
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 |
|---|---|---|---|---|
| Invesco Ltd. added | 10,484,128 | $1.2B | 19.9% | 2026-Q1 |
| LPL Financial LLC added | 6,598,106 | $758M | 12.5% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 3,951,429 | $454M | 7.5% | 2026-Q1 |
| MORGAN STANLEY added | 3,289,045 | $378M | 6.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 2,194,937 | $252M | 4.2% | 2026-Q1 |
| VANTAGEPOINT INVESTMENT ADVISERS LLC trimmed | 2,160,662 | $248M | 4.1% | 2026-Q1 |
| Bank of New York Mellon Corp added | 1,690,687 | $194M | 3.2% | 2026-Q1 |
| Fusion Family Wealth, LLC added | 1,677,074 | $193M | 3.2% | 2026-Q1 |
| Allworth Financial LP trimmed | 1,249,240 | $144M | 2.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 1,202,494 | $138M | 2.3% | 2026-Q1 |
| Cetera Investment Advisers added | 1,091,140 | $125M | 2.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,009,372 | $116M | 1.9% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 988,544 | $112M | 1.8% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 806,482 | $93M | 1.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 785,747 | $90M | 1.5% | 2026-Q1 |
| Capital Analysts, LLC added | 695,950 | $80M | 1.3% | 2026-Q1 |
| Kozak & Associates, Inc. added | 586,597 | $70M | 1.2% | 2026-Q1 |
| Equitable Holdings, Inc. added | 532,466 | $61M | 1.0% | 2026-Q1 |
| UBS Group AG trimmed | 527,361 | $61M | 1.0% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 468,418 | $54M | 0.9% | 2026-Q1 |
| Cerity Partners LLC added | 385,638 | $44M | 0.7% | 2026-Q1 |
| Klingman & Associates, LLC added | 329,029 | $38M | 0.6% | 2026-Q1 |
| Stewardship Advisors, LLC added | 318,852 | $37M | 0.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 297,540 | $34M | 0.6% | 2026-Q1 |
| Private Advisor Group, LLC added | 293,576 | $34M | 0.6% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 287,407 | $33M | 0.5% | 2026-Q1 |
| Tanglewood Legacy Advisors, LLC added | 284,639 | $33M | 0.5% | 2026-Q1 |
| Scarborough Advisors, LLC added | 264,701 | $30M | 0.5% | 2026-Q1 |
| Asset Allocation Strategies LLC added | 256,235 | $29M | 0.5% | 2026-Q1 |
| Everest Financial Group LLC added | 249,841 | $29M | 0.5% | 2026-Q1 |
| Investment Planning Advisors, Inc. added | 243,712 | $28M | 0.5% | 2026-Q1 |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 234,702 | $27M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 213,662 | $25M | 0.4% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC added | 209,642 | $24M | 0.4% | 2026-Q1 |
| Atlas Legacy Advisors, LLC added | 198,206 | $23M | 0.4% | 2026-Q1 |
| Mariner, LLC trimmed | 196,050 | $23M | 0.4% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 193,233 | $22M | 0.4% | 2026-Q1 |
| Merit Financial Group, LLC added | 188,740 | $22M | 0.4% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 184,688 | $21M | 0.3% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 175,327 | $20M | 0.3% | 2026-Q1 |
| Cadent Capital Advisors, LLC added | 169,173 | $19M | 0.3% | 2026-Q1 |
| DENVER WEALTH MANAGEMENT, INC. added | 168,293 | $19M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 162,546 | $18M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 158,316 | $18M | 0.3% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 157,708 | $18M | 0.3% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 152,833 | $18M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 152,054 | $17M | 0.3% | 2026-Q1 |
| Aspire Capital Advisors LLC added | 145,078 | $17M | 0.3% | 2026-Q1 |
| LeClair Wealth Partners LLC new | 140,791 | $16M | 0.3% | 2026-Q1 |
| Blue Water Asset Management trimmed | 140,791 | $16M | 0.3% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 121,344 | $14M | 0.2% | 2026-Q1 |
| Ancora Advisors LLC added | 120,694 | $14M | 0.2% | 2026-Q1 |
| Colonial River Investments, LLC added | 105,806 | $12M | 0.2% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 105,073 | $12M | 0.2% | 2026-Q1 |
| Sonoma Allocations LLC trimmed | 97,079 | $11M | 0.2% | 2026-Q1 |
| MONECO ADVISORS, LLC added | 93,169 | $11M | 0.2% | 2026-Q1 |
| Kraft, Davis & Associates, LLC trimmed | 85,150 | $11M | 0.2% | 2026-Q1 |
| TFR Capital, LLC. added | 90,373 | $10M | 0.2% | 2026-Q1 |
| RETIREMENT PLANNING GROUP, LLC / NY added | 79,036 | $9M | 0.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 78,736 | $9M | 0.1% | 2026-Q1 |
| Total Clarity Wealth Management, Inc. added | 78,687 | $9M | 0.1% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 74,798 | $9M | 0.1% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC added | 73,596 | $8M | 0.1% | 2026-Q1 |
| Resonant Capital Advisors, LLC added | 72,877 | $8M | 0.1% | 2026-Q1 |
| Legacy Capital Wealth Partners, LLC added | 78,707 | $8M | 0.1% | 2026-Q1 |
| Mission Hills Financial Advisory, LLC added | 67,427 | $8M | 0.1% | 2026-Q1 |
| Western Wealth Management, LLC trimmed | 66,814 | $8M | 0.1% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 65,271 | $8M | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 64,791 | $7M | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 64,752 | $7M | 0.1% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 63,910 | $7M | 0.1% | 2026-Q1 |
| Brookstone Capital Management trimmed | 58,699 | $7M | 0.1% | 2026-Q1 |
| Garden State Investment Advisory Services LLC added | 56,976 | $7M | 0.1% | 2026-Q1 |
| KINGSWOOD WEALTH ADVISORS, LLC trimmed | 55,082 | $6M | 0.1% | 2026-Q1 |
| Avestar Capital, LLC added | 53,045 | $6M | 0.1% | 2026-Q1 |
| NWAM LLC added | 51,825 | $6M | 0.1% | 2026-Q1 |
| Petix & Botte Co trimmed | 51,488 | $6M | 0.1% | 2026-Q1 |
| RETIREMENT FINANCIAL SOLUTIONS, LLC added | 50,787 | $6M | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 49,548 | $6M | 0.1% | 2026-Q1 |
| Intrua Financial, LLC added | 49,521 | $6M | 0.1% | 2026-Q1 |
| AE Wealth Management LLC added | 48,701 | $6M | 0.1% | 2026-Q1 |
| ABSOLUTE CAPITAL MANAGEMENT, LLC added | 46,687 | $5M | 0.1% | 2026-Q1 |
| Oxford Wealth Group, LLC trimmed | 46,355 | $5M | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 46,306 | $5M | 0.1% | 2026-Q1 |
| Wealth Management Partners, LLC trimmed | 45,355 | $5M | 0.1% | 2026-Q1 |
| WJ Wealth Management, LLC new | 43,168 | $5M | 0.1% | 2026-Q1 |
| RVW Wealth, LLC trimmed | 42,548 | $5M | 0.1% | 2026-Q1 |
| AdvisorNet Financial, Inc added | 42,232 | $5M | 0.1% | 2026-Q1 |
| Perennial Investment Advisors, LLC trimmed | 42,125 | $5M | 0.1% | 2026-Q1 |
| Essex Financial Services, Inc. added | 41,191 | $5M | 0.1% | 2026-Q1 |
| OPTIMA CAPITAL LLC added | 40,705 | $5M | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 40,377 | $5M | 0.1% | 2026-Q1 |
| TOMPKINS FINANCIAL CORP trimmed | 39,242 | $5M | 0.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP new | 494,364 | $55M | 0.9% | 2025-Q3 stale |
| ERn Financial, LLC trimmed | 385,849 | $38M | 0.6% | 2025-Q1 stale |
| Global Retirement Partners, LLC added | 295,565 | $34M | 0.6% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 183,781 | $19M | 0.3% | 2025-Q2 stale |
| BNP PARIBAS FINANCIAL MARKETS new | 75,000 | $9M | 0.1% | 2025-Q4 stale |
| Trivium Point Advisory, LLC added | 75,506 | $8M | 0.1% | 2025-Q2 stale |
| Consolidated Portfolio Review Corp trimmed | 59,582 | $7M | 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.