Who owns 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-Q2 13F filings (latest filed 2026-08-17). 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 2026-Q1 and 2026-Q2: 139 added or opened and 38 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 0.1% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 0.2pp 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 2026-Q1 and 2026-Q2, across 330 tracked filers holding RWL, 195 increased or opened the position and 119 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 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 18
- Global Retirement Partners, LLC$35M
- Commonwealth Financial Services, LLC$23M
- PRAIRIE ADVISORY, LLC$13M
- ASHTON THOMAS SECURITIES, LLC$12M
- Fourth Dimension Wealth, LLC$11M
- TWO SIGMA INVESTMENTS, LP$8M
Full exits 20
- Capital Analysts, LLC$80M
- THOROUGHBRED FINANCIAL SERVICES, LLC$24M
- Independent Advisor Alliance$20M
- Cambridge Investment Research Advisors, Inc.$18M
- LeClair Wealth Partners LLC$16M
- Sonoma Allocations LLC$11M
Largest adds
- Invesco Ltd.$144M
- LPL Financial LLC$90M
- MORGAN STANLEY$49M
- JONES FINANCIAL COMPANIES LLLP$46M
- BANK OF AMERICA CORP /DE/$37M
- Bank of New York Mellon Corp$28M
Largest trims
- Kozak & Associates, Inc.$27M
- Allworth Financial LP$21M
- Mariner, LLC$21M
- Kestra Advisory Services, LLC$12M
- Wealthcare Advisory Partners LLC$10M
- Stewardship Advisors, LLC$7M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Invesco Ltd. added | 10,557,671 | $1.3B | 20.6% | 2026-Q2 |
| LPL Financial LLC added | 6,638,080 | $848M | 13.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 3,724,055 | $476M | 7.3% | 2026-Q2 |
| MORGAN STANLEY added | 3,340,730 | $427M | 6.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,261,592 | $289M | 4.4% | 2026-Q2 |
| VANTAGEPOINT INVESTMENT ADVISERS LLC trimmed | 2,154,797 | $275M | 4.2% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,740,482 | $222M | 3.4% | 2026-Q2 |
| Fusion Family Wealth, LLC trimmed | 1,666,476 | $213M | 3.3% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,231,922 | $157M | 2.4% | 2026-Q2 |
| Cetera Investment Advisers added | 1,195,593 | $153M | 2.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 1,147,741 | $147M | 2.2% | 2026-Q2 |
| Allworth Financial LP trimmed | 957,224 | $122M | 1.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 942,746 | $120M | 1.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 872,105 | $111M | 1.7% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 832,552 | $106M | 1.6% | 2026-Q2 |
| Equitable Holdings, Inc. added | 644,734 | $82M | 1.3% | 2026-Q2 |
| UBS Group AG added | 537,165 | $69M | 1.1% | 2026-Q2 |
| Private Advisor Group, LLC added | 456,748 | $58M | 0.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 423,720 | $54M | 0.8% | 2026-Q2 |
| Cerity Partners LLC trimmed | 381,264 | $49M | 0.7% | 2026-Q2 |
| Klingman & Associates, LLC added | 353,559 | $45M | 0.7% | 2026-Q2 |
| Kozak & Associates, Inc. trimmed | 333,763 | $43M | 0.7% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 328,887 | $42M | 0.6% | 2026-Q2 |
| Investment Planning Advisors, Inc. added | 322,460 | $41M | 0.6% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 296,838 | $38M | 0.6% | 2026-Q2 |
| Tanglewood Legacy Advisors, LLC added | 291,325 | $37M | 0.6% | 2026-Q2 |
| Global Retirement Partners, LLC trimmed | 272,048 | $35M | 0.5% | 2026-Q2 |
| Everest Financial Group LLC added | 252,019 | $32M | 0.5% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC added | 248,149 | $32M | 0.5% | 2026-Q2 |
| Stewardship Advisors, LLC trimmed | 233,598 | $30M | 0.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 232,211 | $30M | 0.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 228,455 | $29M | 0.4% | 2026-Q2 |
| Asset Allocation Strategies LLC trimmed | 227,158 | $29M | 0.4% | 2026-Q2 |
| Scarborough Advisors, LLC trimmed | 218,171 | $28M | 0.4% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 205,291 | $26M | 0.4% | 2026-Q2 |
| Atlas Legacy Advisors, LLC added | 201,381 | $26M | 0.4% | 2026-Q2 |
| Merit Financial Group, LLC added | 193,496 | $25M | 0.4% | 2026-Q2 |
| Commonwealth Financial Services, LLC new | 183,408 | $23M | 0.4% | 2026-Q2 |
| DENVER WEALTH MANAGEMENT, INC. added | 175,559 | $22M | 0.3% | 2026-Q2 |
| Cadent Capital Advisors, LLC added | 173,316 | $22M | 0.3% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 162,868 | $21M | 0.3% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 159,636 | $20M | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 156,667 | $20M | 0.3% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 156,391 | $20M | 0.3% | 2026-Q2 |
| Aspire Capital Advisors LLC added | 149,668 | $19M | 0.3% | 2026-Q2 |
| Blue Water Asset Management added | 142,509 | $18M | 0.3% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 142,225 | $18M | 0.3% | 2026-Q2 |
| NewEdge Advisors, LLC added | 142,067 | $18M | 0.3% | 2026-Q2 |
| Ancora Advisors LLC added | 132,040 | $17M | 0.3% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 125,695 | $16M | 0.2% | 2026-Q2 |
| Petix & Botte Co added | 109,836 | $14M | 0.2% | 2026-Q2 |
| PRAIRIE ADVISORY, LLC new | 100,084 | $13M | 0.2% | 2026-Q2 |
| ASHTON THOMAS SECURITIES, LLC new | 97,432 | $12M | 0.2% | 2026-Q2 |
| MONECO ADVISORS, LLC added | 96,645 | $12M | 0.2% | 2026-Q2 |
| TFR Capital, LLC. added | 90,925 | $12M | 0.2% | 2026-Q2 |
| Kraft, Davis & Associates, LLC added | 89,476 | $12M | 0.2% | 2026-Q2 |
| RETIREMENT PLANNING GROUP, LLC / NY added | 86,318 | $11M | 0.2% | 2026-Q2 |
| Fourth Dimension Wealth, LLC new | 83,090 | $11M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 81,131 | $10M | 0.2% | 2026-Q2 |
| Legacy Capital Wealth Partners, LLC added | 79,115 | $9M | 0.1% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 75,076 | $10M | 0.1% | 2026-Q2 |
| Resonant Capital Advisors, LLC | 72,877 | $9M | 0.1% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC trimmed | 71,980 | $9M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 69,322 | $9M | 0.1% | 2026-Q2 |
| &PARTNERS added | 68,211 | $9M | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 67,980 | $9M | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 65,611 | $8M | 0.1% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 63,756 | $8M | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP new | 62,100 | $8M | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 60,845 | $8M | 0.1% | 2026-Q2 |
| Avestar Capital, LLC added | 56,289 | $7M | 0.1% | 2026-Q2 |
| KINGSWOOD WEALTH ADVISORS, LLC trimmed | 55,062 | $7M | 0.1% | 2026-Q2 |
| LOOMIS SAYLES & CO L P added | 54,571 | $7M | 0.1% | 2026-Q2 |
| Oxford Wealth Group, LLC added | 54,367 | $7M | 0.1% | 2026-Q2 |
| RETIREMENT FINANCIAL SOLUTIONS, LLC added | 54,283 | $7M | 0.1% | 2026-Q2 |
| IFG Advisory, LLC added | 53,259 | $7M | 0.1% | 2026-Q2 |
| Intrua Financial, LLC added | 52,268 | $7M | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 52,210 | $7M | 0.1% | 2026-Q2 |
| NWAM LLC added | 51,874 | $7M | 0.1% | 2026-Q2 |
| Colonial River Investments, LLC trimmed | 50,720 | $6M | 0.1% | 2026-Q2 |
| AE Wealth Management LLC added | 49,888 | $6M | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 47,400 | $6M | 0.1% | 2026-Q2 |
| ABSOLUTE CAPITAL MANAGEMENT, LLC added | 47,385 | $6M | 0.1% | 2026-Q2 |
| WJ Wealth Management, LLC added | 46,073 | $6M | 0.1% | 2026-Q2 |
| OPTIMA CAPITAL LLC added | 45,959 | $6M | 0.1% | 2026-Q2 |
| Total Clarity Wealth Management, Inc. trimmed | 45,523 | $6M | 0.1% | 2026-Q2 |
| Wealth Management Partners, LLC trimmed | 44,763 | $6M | 0.1% | 2026-Q2 |
| Garden State Investment Advisory Services LLC trimmed | 43,942 | $6M | 0.1% | 2026-Q2 |
| Essex Financial Services, Inc. added | 43,507 | $6M | 0.1% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 43,273 | $6M | 0.1% | 2026-Q2 |
| RVW Wealth, LLC added | 42,754 | $5M | 0.1% | 2026-Q2 |
| Perennial Investment Advisors, LLC added | 42,335 | $5M | 0.1% | 2026-Q2 |
| Arkadios Wealth Advisors added | 41,790 | $5M | 0.1% | 2026-Q2 |
| Mission Hills Financial Advisory, LLC trimmed | 41,107 | $5M | 0.1% | 2026-Q2 |
| Autumn Glory Partners, LLC added | 39,037 | $5M | 0.1% | 2026-Q2 |
| TOMPKINS FINANCIAL CORP trimmed | 39,023 | $5M | 0.1% | 2026-Q2 |
| Harbor Asset Planning, Inc. added | 38,065 | $5M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 37,664 | $5M | 0.1% | 2026-Q2 |
| Forge Financial Services LLC trimmed | 37,639 | $5M | 0.1% | 2026-Q2 |
| Focus Partners Wealth trimmed | 36,191 | $5M | 0.1% | 2026-Q2 |
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.