undamentalytics Newsletter

RH: which funds bought and sold

Institutions that bought and sold RH shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 198 institutions that filed 13F reports for both quarters added to or opened positions in RH, and 181 cut or closed them. Together they added a net 1.0M shares, +5.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 631K shares (+7.7%); index fund managers were net buyers of 1.1M shares (+27.3%). 69 opened a new position and 68 sold out entirely.

Bought, Q2 2026 198 institutions, 69 of them new holders Sold, Q2 2026 181 institutions, 68 of them sold out
Net change, all compared +1.0M shares (+5.6%)
Net change, active managers +631K shares (+7.7%), 34 bought, 24 sold

Buyers versus sellers

institutions compared, 431
Active managers and hedge funds 34 bought · 24 sold · +631K
Index fund managers 11 bought · 0 sold · +1.1M
Other institutions 153 bought · 157 sold · −683K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Blackrock, Inc. Index funds +582K +41.7% 2.0M $326M
Two Sigma Investments, LP Hedge fund +487K +175.9% 763K $126M
Goldman Sachs Group Inc +254K +174.9% 400K $65.8M
Marshall Wace, LLP Hedge fund +243K +467.6% 295K $48.6M
D. E. Shaw & Co., Inc. Hedge fund +233K +844.7% 260K $42.9M
Balyasny Asset Management L.P. Hedge fund +232K +25468.6% 233K $38.3M
Gotham Asset Management, LLC Hedge fund +159K +755.7% 180K $29.7M
Tudor Investment Corp Et Al Hedge fund +152K New position 152K $25M
Geode Capital Management, LLC Index funds +128K +44.4% 415K $68.4M
Vanguard Portfolio Management LLC Index funds +124K +19.0% 778K $128M
Citadel Advisors LLC Hedge fund +119K +121.2% 217K $35.7M
Capital Fund Management S.A. Hedge fund +115K New position 115K $19M
State Street Corp Index funds +114K +24.2% 587K $96.6M
Westend Capital Management, LLC +92K +575087.5% 92K $15.2M
Canada Pension Plan Investment Board +88K New position 88K $14.4M
Mackenzie Financial Corp +84K New position 84K $13.8M
Alyeska Investment Group, L.P. Hedge fund +73K +4.4% 1.7M $282M
Northern Trust Corp Index funds +70K +52.8% 204K $33.6M
Armistice Capital, LLC Hedge fund +69K +143.0% 117K $19.2M
Citigroup Inc +48K +227.9% 69K $11.4M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Point72 Asset Management, L.P. Hedge fund −429K −66.9% 212K $35M
Capital Research Global Investors Active manager −341K Sold out 0 —
Senvest Management, LLC −324K −51.0% 312K $51.4M
Millennium Management LLC Hedge fund −269K −48.4% 287K $47.3M
Bank Of America Corp −173K −72.3% 66K $10.9M
Susquehanna International Group, LLP −136K −82.9% 28K $4.6M
Jane Street Group, LLC −112K −69.1% 50K $8.3M
WCM Investment Management, LLC Active manager −96K Sold out 0 —
UBS Group AG −92K −12.9% 619K $102M
Metlife Investment Management, LLC −80K −83.0% 16K $2.7M
Hook Mill Capital Partners, LP −73K Sold out 0 —
Morgan Stanley −67K −12.6% 466K $76.8M
Hodges Capital Management Inc. −61K −91.2% 5,834 $961,035
Squarepoint Ops LLC Hedge fund −59K Sold out 0 —
Royce & Associates LP Active manager −59K Sold out 0 —
AGF Management Ltd −58K −88.8% 7,289 $1.2M
Bank Of New York Mellon Corp −56K −21.6% 204K $33.6M
Nuveen, LLC −45K −56.2% 35K $5.7M
Lazard Asset Management LLC Active manager −38K −62.0% 23K $3.9M
Baypointe Partners LLC −36K −71.4% 14K $2.4M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Tudor Investment Corp Et AlHedge fund 152K $25M
Capital Fund Management S.A.Hedge fund 115K $19M
Canada Pension Plan Investment Board 88K $14.4M
Mackenzie Financial Corp 84K $13.8M
Edgestream Partners, L.P.Hedge fund 40K $6.6M
HRT Financial LP 40K $6.6M
Susquehanna Portfolio Strategies, LLC 39K $6.4M
Logan Capital Management Inc 38K $6.3M
Landscape Capital Management, L.L.C. 22K $3.6M
Clough Capital Partners L PHedge fund 17K $2.8M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Capital Research Global InvestorsActive manager 341K $47.6M
WCM Investment Management, LLCActive manager 96K $12.7M
Hook Mill Capital Partners, LP 73K $10.2M
Squarepoint Ops LLCHedge fund 59K $8.3M
Royce & Associates LPActive manager 59K $8.3M
Heartland Advisors Inc 35K $4.9M
Diameter Capital Partners LPHedge fund 31K $4.3M
Wellington Management Group LLPActive manager 29K $4.1M
CI Investments Inc. 26K $3.7M
Kamunting Street Capital Management, L.P. 20K $2.7M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
371
Ten largest holders
54.5%
of 13F-reported shares
Index fund managers
25.8%
of 13F-reported shares
Active managers and hedge funds
44.5%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 34 24 11 14 +631K +7.7%
Index fund managers 11 0 1 0 +1.1M +27.3%
Other institutions 153 157 57 54 −683K −10.7%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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