RBA ranks #1029 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
RBA is a top-conviction position for EdgePoint Investment Group Inc. — at 8.4% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in RBA belongs to BlackRock, Inc., but the position matters far more to EdgePoint Investment Group Inc., who has 8.4% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
EdgePoint Investment Group Inc. has added to its RBA position for two straight quarters, increasing it by $319.2M to reach $1.1B today.
Samlyn Capital, LLC has trimmed its RBA position for two straight quarters, cutting it by $84.9M while still holding $57.2M.
RBA is up 0.2% today, and institutions have been net buyers of $811.7M this quarter — today's price move and the underlying institutional flow are pointing the same direction.