R ranks #991 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
579 institutions disclose a position in R, but none treat it as a major bet — even Earnest Partners LLC, its most concentrated holder, allocates just 1.4% of its own portfolio to it.
BlackRock has added to its R position for two straight quarters, increasing it by $301.9M to reach $1.1B today.
Wellington Management Group LLP has trimmed its R position for two straight quarters, cutting it by $198.9M while still holding $228.8M.
R is down 0.6% today, but institutions show net buying of $2.3B this quarter — a divergence between today's price move and the underlying institutional flow.