RB GLOBAL INC RBA
COM · Common Stock · CUSIP 74935Q107 · ISIN CA74935Q1072
- SectorIndustrials
- IndustryServices-Business Services, NEC
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($43.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $100.32. Options: 9 managers hold calls ($27.7m notional), 10 hold puts ($8.4m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2 |
| Q4 2022 | 3 |
| Q1 2023 | 6 |
| Q2 2023 | 384 |
| Q3 2023 | 385 |
| Q4 2023 | 397 |
| Q1 2024 | 406 |
| Q2 2024 | 421 |
| Q3 2024 | 446 |
| Q4 2024 | 481 |
| Q1 2025 | 492 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 370 | 1 |
| Q3 2023 | 167 | 206 |
| Q4 2023 | 164 | 193 |
| Q1 2024 | 177 | 212 |
| Q2 2024 | 215 | 193 |
| Q3 2024 | 194 | 210 |
| Q4 2024 | 221 | 190 |
| Q1 2025 | 226 | 213 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $52.7m | $37.6m | 0.71 |
| Q3 2024 | $38.2m | $37.5m | 0.98 |
| Q4 2024 | $74.3m | $48.8m | 0.66 |
| Q1 2025 | $27.7m | $8.4m | 0.30 |
Biggest buyers
| FIL Ltd | Added | +1.6m |
| STATE STREET CORP | Added | +1.4m |
| SAMLYN CAPITAL, LLC | New | +1.2m |
| Third Point LLC | New | +950.0k |
| FMR LLC | Added | +773.4k |
| Candlestick Capital Management LP | New | +667.5k |
| Fiera Capital Corp | Added | +557.4k |
| Invesco Ltd. | Added | +516.9k |
| Alyeska Investment Group, L.P. | Added | +463.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +399.4k |
Biggest sellers
| Independent Franchise Partners LLP | Reduced | -3.9m |
| Beutel, Goodman & Co Ltd. | Reduced | -2.5m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.2m |
| Vontobel Holding Ltd. | Reduced | -1.2m |
| EdgePoint Investment Group Inc. | Reduced | -570.7k |
| ArrowMark Colorado Holdings LLC | Reduced | -538.9k |
| INTACT INVESTMENT MANAGEMENT INC. | Reduced | -370.1k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Reduced | -278.1k |
| CITADEL ADVISORS LLC | Reduced | -263.4k |
| RIVERBRIDGE PARTNERS LLC | Reduced | -178.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.1m80.8k shares |
| SIG North Trading, ULC | Added | $4.5m45.1k shares |
| Walleye Trading LLC | Reduced | $4.3m42.8k shares |
| Ancora Advisors LLC | New | $4.1m5.2k shares |
| GROUP ONE TRADING LLC | Added | $3.2m31.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.4m24.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $636.3k6.5k shares |
| CITADEL ADVISORS LLC | Reduced | $391.2k3.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $4.1m40.6k shares |
| WOLVERINE TRADING, LLC | Added | $2.0m20.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.4m14.2k shares |
| SIG North Trading, ULC | New | $300.9k3.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $280.0k2.8k shares |
| Walleye Trading LLC | Reduced | $230.7k2.3k shares |
| Walleye Capital LLC | Reduced | $70.2k700 shares |
| GROUP ONE TRADING LLC | Added | $60.2k600 shares |
| Quaker Wealth Management, LLC | First filing | $3013 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-04-28 | 12.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 9.3% |
| EdgePoint Investment Group Inc. 13G · institution new · filed 2026-08-14 | 5.1% |
Fell to 5% or below in the last year: FIL Ltd (3.4%, 2026-05-06), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 7 | $1.5m | 0 | — | — |
| Q3 2023 | 7 | $751.0k | 3 | $1.3m | — |
| Q4 2023 | 1 | $75.1k | 3 | $19.7m | — |
| Q1 2024 | 0 | — | 3 | $5.8m | — |
| Q2 2024 | 0 | — | 4 | $3.4m | — |
| Q3 2024 | 0 | — | 3 | $5.2m | $4.5m |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 2 | $2.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-21 | JETER JAMES J Chief Revenue Officer | Sold | $59.2k600 shares |
| 2025-03-17 | KESSLER JAMES FRANCIS Chief Executive Officer | Sold | $1.5m15.7k shares |
| 2025-03-17 | JETER JAMES J Chief Revenue Officer | Sold | $743.4k7.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 24.9m $2.5bn | Reduced -223 |
| BlackRock, Inc. 0.03% of their portfolio | 15.1m $1.5bn | Reduced -58.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.34% of their portfolio | 10.2m $1.0bn | Added +352.5k |
| EdgePoint Investment Group Inc. 6.18% of their portfolio | 7.6m $762.8m | Reduced -570.7k |
| Vontobel Holding Ltd. 2.65% of their portfolio | 7.2m $725.8m | Reduced -1.2m |
| STATE STREET CORP 0.03% of their portfolio | 6.7m $673.4m | Added +1.4m |
| Independent Franchise Partners LLP 4.11% of their portfolio | 5.7m $576.3m | Reduced -3.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.2m $424.0m | Added +267.9k |
| Fiera Capital Corp 1.37% of their portfolio | 3.8m $379.2m | Added +557.4k |
| FIL Ltd 0.35% of their portfolio | 3.7m $366.5m | Added +1.6m |
| FMR LLC 0.02% of their portfolio | 3.6m $358.9m | Added +773.4k |
| Beutel, Goodman & Co Ltd. 2.05% of their portfolio | 3.5m $355.5m | Reduced -2.5m |
| JANUS HENDERSON GROUP PLC 0.19% of their portfolio | 3.4m $337.6m | Added +45.8k |
| Boston Partners 0.39% of their portfolio | 3.2m $323.6m | Reduced -82.6k |
| COOKE & BIELER LP 3.07% of their portfolio | 3.1m $307.0m | Reduced -86.1k |
| RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio | 2.8m $283.9m | Reduced -120.0k |
| Invesco Ltd. 0.05% of their portfolio | 2.4m $244.4m | Added +516.9k |
| NORGES BANK 0.03% of their portfolio | 2.4m $236.6m | Added +29.3k |
| RIVERBRIDGE PARTNERS LLC 3.30% of their portfolio | 2.1m $205.9m | Reduced -178.5k |
| ArrowMark Colorado Holdings LLC 3.04% of their portfolio | 1.9m $187.6m | Reduced -538.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 1.9m $186.1m | Added +19.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.16% of their portfolio | 1.7m $172.0m | Reduced -77.7k |
| Alyeska Investment Group, L.P. 0.61% of their portfolio | 1.5m $151.3m | Added +463.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.4m $144.9m | Reduced -6.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.60% of their portfolio | 1.4m $137.9m | Added +273.2k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.4m $135.9m | Reduced -44.0k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 1.4m $135.5m | Reduced -12.7k |
| Canoe Financial LP 2.00% of their portfolio | 1.2m $124.7m | Reduced -15.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.2m $120.4m | Added +182.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.2m $118.9m | Reduced -16.8k |
| SAMLYN CAPITAL, LLC 1.96% of their portfolio | 1.2m $118.8m | New |
| Ancora Advisors LLC 2.34% of their portfolio | 1.0m $104.4m | Added +137.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.0m $103.4m | Added +36.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.19% of their portfolio | 1.0m $100.3m | Added +223.0k |
| NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio | 973.8k $97.4m | Added +61.1k |
| Third Point LLC 1.50% of their portfolio | 950.0k $95.3m | New |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 949.5k $95.3m | Reduced -141.3k |
| Champlain Investment Partners, LLC 0.67% of their portfolio | 922.1k $92.5m | Reduced -21.4k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 899.0k $90.2m | Added +399.4k |
| CIBC Asset Management Inc 0.28% of their portfolio | 818.8k $83.5m | Reduced -154.3k |
| MACKENZIE FINANCIAL CORP 0.12% of their portfolio | 815.1k $81.8m | Reduced -1.2m |
| BLAIR WILLIAM & CO/IL 0.24% of their portfolio | 807.4k $81.0m | Reduced -4.0k |
| MORGAN STANLEY 0.01% of their portfolio | 764.3k $76.7m | Reduced -39.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 762.4k $76.5m | Added +180.2k |
| Legal & General Group Plc 0.02% of their portfolio | 730.4k $73.3m | Added +15.8k |
| CIDEL ASSET MANAGEMENT INC 4.45% of their portfolio | 677.7k $68.0m | Reduced -3.5k |
| Candlestick Capital Management LP 2.63% of their portfolio | 667.5k $66.9m | New |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 629.4k $63.5m | Reduced -31.4k |
| Federation des caisses Desjardins du Quebec 0.30% of their portfolio | 615.4k $61.2m | Added +22.4k |
| Caisse de depot et placement du Quebec 0.12% of their portfolio | 552.8k $55.5m | Reduced -28.9k |
| BW Gestao de Investimentos Ltda. 6.25% of their portfolio | 550.3k $55.2m | Added +118.6k |
| Nuveen, LLC 0.02% of their portfolio | 544.1k $54.6m | First filing |
| SEI INVESTMENTS CO 0.07% of their portfolio | 529.2k $53.1m | Reduced -21.6k |
| Swiss National Bank 0.04% of their portfolio | 524.8k $52.7m | Reduced -10.1k |
| EVENTIDE ASSET MANAGEMENT, LLC 1.05% of their portfolio | 523.7k $52.5m | Added +362 |
| Allspring Global Investments Holdings, LLC 0.09% of their portfolio | 514.7k $51.7m | Reduced -69.0k |
| TD Asset Management Inc 0.05% of their portfolio | 507.3k $50.9m | Reduced -19.3k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 489.7k $49.1m | Reduced -263.4k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 477.9k $47.9m | Reduced -1.4k |
| ROYCE & ASSOCIATES LP 0.51% of their portfolio | 465.7k $46.7m | Reduced -61.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio | 463.6k $46.5m | Added +228.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 451.1k $45.2m | Added +12.0k |
| PALISADE CAPITAL MANAGEMENT, LP 1.27% of their portfolio | 441.7k $44.3m | Reduced -3.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 424.2k $42.5m | Added +1.6k |
| Balyasny Asset Management L.P. 0.11% of their portfolio | 420.9k $42.2m | Added +119.1k |
| NFJ INVESTMENT GROUP, LLC 1.39% of their portfolio | 413.1k $41.4m | Added +71.2k |
| QV Investors Inc. 4.16% of their portfolio | 410.8k $41.2m | Reduced -7.1k |
| Retirement Systems of Alabama 0.15% of their portfolio | 385.0k $38.6m | Reduced -3.3k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 365.1k $36.6m | Added +344.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 356.3k $35.7m | Reduced -32.8k |
| LORD, ABBETT & CO. LLC 0.13% of their portfolio | 355.0k $35.6m | New |
| Walleye Capital LLC 0.38% of their portfolio | 343.6k $34.5m | Reduced -35.7k |
| ProShare Advisors LLC 0.08% of their portfolio | 343.5k $34.4m | Added +334.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 338.4k $33.9m | Added +88.8k |
| Nitorum Capital, L.P. 4.62% of their portfolio | 328.2k $32.9m | Reduced -46.1k |
| Schonfeld Strategic Advisors LLC 0.19% of their portfolio | 286.5k $28.7m | Added +126.4k |
| INTACT INVESTMENT MANAGEMENT INC. 0.93% of their portfolio | 268.8k $27.0m | Reduced -370.1k |
| 12th Street Asset Management Company, LLC 4.59% of their portfolio | 268.4k $26.9m | Reduced -67.1k |
| BANK OF NOVA SCOTIA 0.06% of their portfolio | 266.3k $26.7m | Reduced -481 |
| NICHOLAS COMPANY, INC. 0.45% of their portfolio | 259.7k $26.1m | Reduced -53.0k |
| Verition Fund Management LLC 0.15% of their portfolio | 252.0k $25.3m | Added +123.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 252.0k $25.3m | Added +5.9k |
| Starboard Value LP 0.46% of their portfolio | 251.2k $25.2m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 246.9k $24.8m | Reduced -3.4k |
| CITIGROUP INC 0.02% of their portfolio | 234.0k $23.5m | Reduced -78.1k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 228.7k $22.9m | Reduced -60.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 225.7k $22.6m | Reduced -3.0k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.26% of their portfolio | 207.8k $20.8m | Reduced -26.8k |
| Corebridge Financial, Inc. 0.12% of their portfolio | 203.7k $20.4m | Reduced -5.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.07% of their portfolio | 196.0k $19.7m | Reduced -7.4k |
| Northwest & Ethical Investments L.P. 0.53% of their portfolio | 193.4k $19.4m | Added +4.9k |
| Oasis Management Co Ltd. 6.02% of their portfolio | 183.2k $18.4m | Unchanged |
| Onex Canada Asset Management Inc. 2.35% of their portfolio | 182.2k $18.3m | Added +16.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 177.9k $17.8m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 175.1k $17.6m | Unchanged |
| Arvin Capital Management LP 6.39% of their portfolio | 173.1k $17.4m | Added +124.5k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.96% of their portfolio | 163.4k $16.4m | Reduced -2.3k |
| Gotham Asset Management, LLC 0.14% of their portfolio | 162.3k $16.3m | Added +77.6k |
| Running Oak Capital LLC 1.96% of their portfolio | 162.2k $16.3m | Added +382 |
| PCJ Investment Counsel Ltd. 6.29% of their portfolio | 160.3k $16.1m | Added +16.8k |