RFL
name pending profile ingest
Momentum inputs (comparable managers):
holder breadth -9.1% ·
share flow +0.5% ·
net new positions -10.0%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 24 | +1 | 3.27M | $10.70M | +3 | −2 |
| Q1 2026 | 24 | -1 | 2.93M | $3.66M | +2 | −3 |
| Q4 2025 | 25 | -1 | 3.15M | $3.72M | — | −1 |
| Q3 2025 | 10 | -1 | 2.33M | $3.17M | +1 | −2 |
| Q2 2025 | 8 | +1 | 2.27M | $3.93M | +2 | −1 |
| Q1 2025 | 5 | 0 | 402.01K | $752,051 | — | — |
| Q4 2024 | 5 | 0 | 346.71K | $572,774 | — | — |
| Q3 2024 | 4 | -2 | 272.58K | $529,004 | — | −2 |
| Q2 2024 | 6 | — | 286.40K | $413,253 | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 1.39M | +10.5% | $1.90M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 2 | The Vanguard Group ✦ (passive) | 1.39M | +10.5% | $1.90M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | The Vanguard Group ✦ (passive) | 1.39M | +10.5% | $1.90M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 4 | Geode Capital Management ✦ (passive) | 355.45K | -21.2% | $483,544 | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 5 | Geode Capital Management ✦ (passive) | 355.45K | -21.2% | $483,544 | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 322.32K | -18.2% | $438,359 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 7 | BlackRock ✦ (passive) | 322.32K | -18.2% | $438,359 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 8 | BlackRock ✦ (passive) | 322.32K | -18.2% | $438,359 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 9 | BlackRock ✦ (passive) | 322.32K | -18.2% | $438,359 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 10 | BlackRock ✦ (passive) | 322.32K | -18.2% | $438,359 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 11 | Renaissance Technologies ✦ | 76.43K | +156.2% | $103,946 | 0.0% | ▲ Add | 6 | SEC ↗ |
| 12 | Citadel Advisors ✦ | 72.58K | +344.0% | $98,714 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 13 | State Street Global Advisors ✦ (passive) | 62.17K | 0.0% | $84,551 | 0.0% | Held | 4 | SEC ↗ |
| 14 | JPMorgan Chase ✦ | 22.19K | — | $30,172 | 0.0% | n/c | 1 | SEC ↗ |
| 15 | JPMorgan Chase ✦ | 22.19K | — | $30,172 | 0.0% | n/c | 1 | SEC ↗ |
| 16 | JPMorgan Chase ✦ | 22.19K | — | $30,172 | 0.0% | n/c | 1 | SEC ↗ |
| 17 | JPMorgan Chase ✦ | 22.19K | — | $30,172 | 0.0% | n/c | 1 | SEC ↗ |
| 18 | Goldman Sachs Group ✦ | 15.90K | — | $21,625 | 0.0% | n/c | 1 | SEC ↗ |
| 19 | Morgan Stanley ✦ | 10.04K | — | $13,651 | 0.0% | n/c | 1 | SEC ↗ |
| 20 | Morgan Stanley ✦ | 10.04K | — | $13,651 | 0.0% | n/c | 1 | SEC ↗ |
| 21 | Morgan Stanley ✦ | 10.04K | — | $13,651 | 0.0% | n/c | 1 | SEC ↗ |
| 22 | Fidelity (FMR) ✦ | 71 | New | $97 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Fidelity (FMR) | $97 | 0.0% |
Exited
| T. Rowe Price | $51,000 | was 0.0% |
| Marshall Wace | $49,651 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 39 holders, 2.04M shares, $2.52M 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.