RCAT
Red Cat Holdings, Inc. · Industrials · Aerospace & Defense
Momentum inputs (comparable managers):
holder breadth -11.1% ·
share flow +6.1% ·
net new positions -12.5%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 86 | +3 | 56.16M | $598.17M | +10 | −7 |
| Q1 2026 | 86 | +11 | 47.97M | $627.05M | +17 | −6 |
| Q4 2025 | 75 | +2 | 40.17M | $318.73M | +2 | — |
| Q3 2025 | 12 | +1 | 21.45M | $222.04M | +2 | −1 |
| Q2 2025 | 8 | -1 | 12.98M | $94.46M | +1 | −2 |
| Q1 2025 | 6 | +1 | 3.36M | $19.75M | +2 | −1 |
| Q4 2024 | 5 | 0 | 2.87M | $36.83M | +1 | −1 |
| Q3 2024 | 4 | 0 | 1.25M | $3.17M | +2 | −2 |
| Q2 2024 | 4 | — | 932.00K | $1.07M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 5.05M | — | $36.75M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | BlackRock ✦ (passive) | 5.05M | — | $36.75M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | BlackRock ✦ (passive) | 5.05M | — | $36.75M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 5.05M | — | $36.75M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | BlackRock ✦ (passive) | 5.05M | — | $36.75M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | The Vanguard Group ✦ (passive) | 3.83M | — | $27.85M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | The Vanguard Group ✦ (passive) | 3.83M | — | $27.85M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | The Vanguard Group ✦ (passive) | 3.83M | — | $27.85M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | State Street Global Advisors ✦ (passive) | 2.08M | -0.5% | $15.15M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 10 | Geode Capital Management ✦ (passive) | 1.66M | +142.7% | $12.06M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 11 | Geode Capital Management ✦ (passive) | 1.66M | +142.7% | $12.06M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 12 | Citadel Advisors ✦ | 272.59K | +693.3% | $1.98M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 13 | Citadel Advisors ✦ | 272.59K | +693.3% | $1.98M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 14 | Two Sigma Investments ✦ | 52.99K | -10.9% | $385,782 | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 15 | T. Rowe Price ✦ | 37.44K | New | $273,000 | 0.0% | New | 1 | SEC ↗ |
| 16 | Fidelity (FMR) ✦ | 1.06K | — | $7,728 | 0.0% | n/c | 1 | SEC ↗ |
| 17 | Fidelity (FMR) ✦ | 1.06K | — | $7,728 | 0.0% | n/c | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| T. Rowe Price | $273,000 | 0.0% |
Exited
| Millennium Management | $2.78M | was 0.0% |
| Gotham Asset Management | $105,475 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1 holders, 12.50K shares, $163 reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer, Director, 10% owner · 150.00K sh · $1.57M
Director · 55.00K sh · $584,650
Director · 20.00K sh · $210,200
Director · 10.00K sh · $100,400
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology