Which funds own RSG
Republic SVCS Inc in the Q2 2026 filings. At least 9 of the 91 current managers on file reported a position, worth $2.7bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 7 managers opened or added against 2 cutting.
- Managers holding
- 9
- at least, of 91 current
- Combined value
- $2.7bn
- as reported
- Opened
- 3
- new this quarter
- Added to
- 4
- already held
- Trimmed or sold out
- 2
- 0 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| T. Rowe Price Associates Inc Long-only · $999bn book | $1.4bn | 0.1% | 6,492,467 | +$3.4m+191,758 | Added |
| Two Sigma Investments LP Quantitative · $138bn book | $486m | 0.4% | 2,280,285 | +$112m+571,170 | Added |
| Arrowstreet Capital LP Quantitative · $225bn book | $243m | 0.1% | 1,141,204 | +$18m+110,759 | Added |
| Holocene Advisors LP Long/short equity · $44.4bn book | $227m | 0.5% | 1,063,294 | -$190m-840,368 | Trimmed |
| Marshall Wace LLP Quantitative · $127bn book | $196m | 0.2% | 919,625 | opened919,625 | New |
| GAMCO Investors Inc Activist · $11.1bn book | $95m | 0.9% | 446,379 | -$3.7m-4,561 | Trimmed |
| Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book | $38m | 0.1% | 178,921 | +$31m+144,032 | Added |
| Quantbot Technologies LP Quantitative · $2.5bn book | $4.8m | 0.2% | 22,300 | opened22,300 | New |
| Element Capital Management LLC Macro · $3.2bn book | $3.1m | 0.1% | 14,400 | opened14,400 | New |
Ownership through time
At least 22 of the 95 managers whose filings are on file listed RSG in Q2 2026, against 13 in Q2 2013. 4 managers more than in Q1 2026: 4 started positions; 5 listed it again; 5 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 13
- Q3 2013: 10
- Q4 2013: 13
- Q1 2014: 10
- Q2 2014: 11
- Q3 2014: 10
- Q4 2014: 9
- Q1 2015: 11
- Q2 2015: 10
- Q3 2015: 13
- Q4 2015: 12
- Q1 2016: 11
- Q2 2016: 12
- Q3 2016: 9
- Q4 2016: 7
- Q1 2017: 8
- Q2 2017: 14
- Q3 2017: 15
- Q4 2017: 15
- Q1 2018: 18
- Q2 2018: 16
- Q3 2018: 19
- Q4 2018: 22
- Q1 2019: 19
- Q2 2019: 18
- Q3 2019: 18
- Q4 2019: 15
- Q1 2020: 22
- Q2 2020: 23
- Q3 2020: 20
- Q4 2020: 23
- Q1 2021: 17
- Q2 2021: 20
- Q3 2021: 18
- Q4 2021: 23
- Q1 2022: 20
- Q2 2022: 20
- Q3 2022: 29
- Q4 2022: 24
- Q1 2023: 23
- Q2 2023: 23
- Q3 2023: 20
- Q4 2023: 22
- Q1 2024: 19
- Q2 2024: 23
- Q3 2024: 24
- Q4 2024: 24
- Q1 2025: 21
- Q2 2025: 26
- Q3 2025: 20
- Q4 2025: 24
- Q1 2026: 18
- Q2 2026: 22
- Q2 2013: $1.0bn
- Q3 2013: $1.0bn
- Q4 2013: $919m
- Q1 2014: $790m
- Q2 2014: $922m
- Q3 2014: $669m
- Q4 2014: $456m
- Q1 2015: $493m
- Q2 2015: $583m
- Q3 2015: $760m
- Q4 2015: $820m
- Q1 2016: $967m
- Q2 2016: $992m
- Q3 2016: $981m
- Q4 2016: $1.1bn
- Q1 2017: $1.2bn
- Q2 2017: $1.4bn
- Q3 2017: $1.5bn
- Q4 2017: $1.4bn
- Q1 2018: $1.5bn
- Q2 2018: $1.8bn
- Q3 2018: $1.6bn
- Q4 2018: $2.0bn
- Q1 2019: $2.1bn
- Q2 2019: $2.3bn
- Q3 2019: $1.7bn
- Q4 2019: $1.6bn
- Q1 2020: $1.4bn
- Q2 2020: $1.2bn
- Q3 2020: $1.3bn
- Q4 2020: $1.4bn
- Q1 2021: $1.5bn
- Q2 2021: $1.7bn
- Q3 2021: $2.3bn
- Q4 2021: $3.0bn
- Q1 2022: $2.5bn
- Q2 2022: $2.7bn
- Q3 2022: $2.8bn
- Q4 2022: $2.3bn
- Q1 2023: $2.1bn
- Q2 2023: $2.5bn
- Q3 2023: $1.9bn
- Q4 2023: $2.9bn
- Q1 2024: $3.8bn
- Q2 2024: $4.8bn
- Q3 2024: $5.6bn
- Q4 2024: $5.7bn
- Q1 2025: $6.6bn
- Q2 2025: $7.8bn
- Q3 2025: $7.3bn
- Q4 2025: $7.5bn
- Q1 2026: $6.1bn
- Q2 2026: $5.4bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Marshall Wace LLPnew: 919,625 shares+$196m
- Two Sigma Investments LP1,709,115 to 2,280,285 shares+$122m
- AQR Capital Management LLC1,460,410 to 1,717,195 shares+$55m
- Point72 Asset Management LPnew: 231,679 shares+$49m
- T. Rowe Price Associates Inc6,300,709 to 6,492,467 shares+$41m
Largest decreases, by shares
- Capital World Investors2,391,031 to 1,179,731 shares-$258m
- Holocene Advisors LP1,903,662 to 1,063,294 shares-$179m
- Squarepoint Ops LLC441,732 to 226,503 shares-$46m
- Fidelity (FMR LLC)4,650,944 to 4,544,104 shares-$23m
- GAMCO Investors Inc450,940 to 446,379 shares-$972k
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| T. Rowe Price Associates Inc | Q3 2014 | $1.5bn | $1.4bn | |
| Fidelity (FMR LLC) | Q2 2013 | $1.5bn | $968m | |
| Invesco Ltd | Q2 2013 | $586m | $501m | |
| Two Sigma Investments LP | Q2 2013 | $486m | $486m | |
| AQR Capital Management LLC | Q1 2015 | $366m | $366m | |
| Capital World Investors | Q3 2015 | $2.1bn | $251m | |
| Arrowstreet Capital LP | Q1 2017 | $243m | $243m | |
| Citadel Advisors LLC | Q1 2020 | $236m | $236m | |
| Holocene Advisors LP | Q2 2020 | $417m | $227m | |
| Marshall Wace LLP | Q2 2015 | $196m | $196m | |
| D. E. Shaw & Co. | Q2 2013 | $124m | $124m | |
| GAMCO Investors Inc | Q2 2013 | $176m | $95m | |
| Point72 Asset Management LP | Q2 2016 | $66m | $49m | |
| Squarepoint Ops LLC | Q4 2014 | $97m | $48m | |
| Balyasny Asset Management LLC | Q4 2020 | $110m | $46m | |
| Wellington Management Group LLP | Q4 2018 | $1.4bn | last listed Q1 2026 | |
| AllianceBernstein LP | Q2 2017 | $316m | last listed Q4 2024 | |
| Janus Henderson Group Ltd | Q2 2013 | $254m | last listed Q2 2021 | |
| Two Sigma Advisers LP | Q2 2013 | $249m | last listed Q4 2025 | |
| Capital Research Global Investors | Q2 2013 | $222m | last listed Q3 2013 | |
| MFS Investment Management | Q1 2020 | $192m | last listed Q2 2025 | |
| Artisan Partners LP | Q2 2013 | $181m | last listed Q4 2015 | |
| Millennium Management LLC | Q2 2013 | $163m | last listed Q4 2025 | |
| Renaissance Technologies LLC | Q1 2014 | $152m | last listed Q1 2026 | |
| Neuberger Berman Group LLC | Q3 2024 | $104m | last listed Q1 2026 |
What RSG is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around RSG →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More
The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
One email a week, free, and you can leave at any point.