Who owns RWM
Which tracked institutional funds hold RWM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RWM company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 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
15 tracked funds added or opened RWM while 8 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
RWM’s largest tracked holder by dollar value, NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RWM 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 42 tracked filers holding RWM, 26 increased or opened the position and 16 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 RWM 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 10
- HighTower Advisors, LLC$3M
- Advisory Services Network, LLC$3M
- HRT FINANCIAL LP$3M
- CIBC WORLD MARKET INC.$2M
- IMC-Chicago, LLC$2M
- Squarepoint Ops LLC$1M
Full exits 3
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$18M
- Gunderson Capital Management Inc.$5M
- CITADEL ADVISORS LLC$3M
Largest adds
- MORGAN STANLEY$6M
- TWO SIGMA SECURITIES, LLC$2M
- Jump Financial, LLC$2M
- LEUTHOLD GROUP, LLC$704K
- BNP PARIBAS FINANCIAL MARKETS$408K
Largest trims
- AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP$1M
- UBS Group AG$564K
- XTX Topco Ltd$457K
- Qube Research & Technologies Ltd$446K
- Tower Research Capital LLC (TRC)$436K
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 |
|---|---|---|---|---|
| LEUTHOLD GROUP, LLC added | 868,675 | $14M | 13.2% | 2026-Q1 |
| MORGAN STANLEY added | 484,413 | $8M | 7.3% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 212,535 | $3M | 3.2% | 2026-Q1 |
| Advisory Services Network, LLC added | 161,727 | $3M | 2.4% | 2026-Q1 |
| HRT FINANCIAL LP added | 156,407 | $3M | 2.4% | 2026-Q1 |
| TWO SIGMA SECURITIES, LLC added | 154,350 | $3M | 2.3% | 2026-Q1 |
| UBS Group AG trimmed | 146,194 | $2M | 2.2% | 2026-Q1 |
| Jump Financial, LLC added | 127,181 | $2M | 1.9% | 2026-Q1 |
| Per Stirling Capital Management, LLC. trimmed | 125,585 | $2M | 1.9% | 2026-Q1 |
| Laird Norton Wetherby Trust Company, LLC | 115,000 | $2M | 1.7% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 109,979 | $2M | 1.7% | 2026-Q1 |
| IMC-Chicago, LLC trimmed | 108,080 | $2M | 1.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 95,779 | $2M | 1.5% | 2026-Q1 |
| Squarepoint Ops LLC added | 81,805 | $1M | 1.2% | 2026-Q1 |
| Generation Capital Management LLC trimmed | 75,000 | $1M | 1.1% | 2026-Q1 |
| OPPENHEIMER & CO INC trimmed | 67,461 | $1M | 1.0% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 60,714 | $985K | 0.9% | 2026-Q1 |
| AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP trimmed | 60,689 | $969K | 0.9% | 2026-Q1 |
| CreativeOne Wealth, LLC new | 55,000 | $892K | 0.8% | 2026-Q1 |
| LPL Financial LLC trimmed | 46,925 | $761K | 0.7% | 2026-Q1 |
| CHOREO, LLC trimmed | 45,499 | $738K | 0.7% | 2026-Q1 |
| IPG Investment Advisors LLC new | 27,000 | $438K | 0.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 26,806 | $435K | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 26,740 | $434K | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 26,117 | $424K | 0.4% | 2026-Q1 |
| XTX Topco Ltd trimmed | 20,568 | $334K | 0.3% | 2026-Q1 |
| Resonant Capital Advisors, LLC added | 15,951 | $259K | 0.2% | 2026-Q1 |
| Quadrature Capital Ltd trimmed | 15,745 | $255K | 0.2% | 2026-Q1 |
| Total Wealth Planning & Management, Inc. trimmed | 14,318 | $232K | 0.2% | 2026-Q1 |
| Mutual Advisors, LLC added | 14,300 | $232K | 0.2% | 2026-Q1 |
| FNY Investment Advisers, LLC new | 12,100 | $196K | 0.2% | 2026-Q1 |
| Tower Research Capital LLC (TRC) trimmed | 11,728 | $190K | 0.2% | 2026-Q1 |
| Solstein Capital, LLC | 8,850 | $144K | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 5,065 | $82K | 0.1% | 2026-Q1 |
| GROUP ONE TRADING LLC added | 3,336 | $54K | 0.1% | 2026-Q1 |
| Sterling Capital Management LLC | 579 | $9K | 0.0% | 2026-Q1 |
| Arax Advisory Partners new | 529 | $9K | 0.0% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 107 | $2K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 50 | $811 | 0.0% | 2026-Q1 |
| Smartleaf Asset Management LLC new | 30 | $514 | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC | 5 | $81 | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN | 1 | $22 | 0.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 433,402 | $18M | 16.5% | 2025-Q4 stale |
| STABLEFORD CAPITAL II LLC added | 415,900 | $9M | 8.5% | 2025-Q1 stale |
| Gunderson Capital Management Inc. added | 310,569 | $5M | 4.7% | 2025-Q4 stale |
| CITADEL ADVISORS LLC trimmed | 181,680 | $3M | 2.8% | 2025-Q4 stale |
| Savvy Advisors, Inc. added | 136,263 | $3M | 2.6% | 2025-Q1 stale |
| Robertson Stephens Wealth Management, LLC new | 107,226 | $2M | 2.1% | 2025-Q1 stale |
| ONE PLUS ONE WEALTH MANAGEMENT, LLC trimmed | 117,402 | $2M | 1.8% | 2025-Q3 stale |
| Laird Norton Wetherby Wealth Management, LLC | 115,000 | $2M | 1.8% | 2025-Q3 stale |
| Kovack Advisors, Inc. added | 52,550 | $1M | 1.0% | 2025-Q1 stale |
| Dynamic Advisor Solutions LLC trimmed | 36,666 | $761K | 0.7% | 2025-Q1 stale |
| Belpointe Asset Management LLC added | 31,025 | $644K | 0.6% | 2025-Q1 stale |
| Headlands Technologies LLC added | 20,759 | $391K | 0.4% | 2025-Q2 stale |
| RIA Advisory Group LLC new | 17,870 | $371K | 0.3% | 2025-Q1 stale |
| A. D. Beadell Investment Counsel, Inc. trimmed | 20,500 | $344K | 0.3% | 2025-Q3 stale |
| FLOW TRADERS U.S. LLC trimmed | 16,025 | $302K | 0.3% | 2025-Q2 stale |
| Alpha Advisors, LLC/VA trimmed | 16,571 | $278K | 0.3% | 2025-Q3 stale |
| GTS SECURITIES LLC trimmed | 12,644 | $238K | 0.2% | 2025-Q2 stale |
| WEST MICHIGAN ADVISORS, LLC trimmed | 11,731 | $223K | 0.2% | 2025-Q2 stale |
| EASTERN BANK | 8,305 | $172K | 0.2% | 2025-Q1 stale |
| COMERICA BANK trimmed | 5,592 | $116K | 0.1% | 2025-Q1 stale |
| MAI Capital Management added | 3,380 | $70K | 0.1% | 2025-Q1 stale |
| Bogart Wealth, LLC new | 1,750 | $29K | 0.0% | 2025-Q3 stale |
| US BANCORP \DE\ | 500 | $9K | 0.0% | 2025-Q2 stale |
| BANK OF AMERICA CORP /DE/ added | 400 | $7K | 0.0% | 2025-Q4 stale |
| RAYMOND JAMES FINANCIAL INC new | 300 | $6K | 0.0% | 2025-Q2 stale |
| Park Square Financial Group, LLC | 276 | $5K | 0.0% | 2025-Q2 stale |
| SIMPLEX TRADING, LLC trimmed | 104 | $2K | 0.0% | 2025-Q4 stale |
| HARBOUR INVESTMENTS, INC. added | 98 | $2K | 0.0% | 2025-Q3 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.
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.