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 ($30.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $106.18. Options: 11 managers hold calls ($27.7m notional), 10 hold puts ($18.9m).
Trends to Q2 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 |
| Q2 2025 | 510 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 241 | 214 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $38.2m | $37.5m | 0.98 |
| Q4 2024 | $74.3m | $48.8m | 0.66 |
| Q1 2025 | $27.7m | $8.4m | 0.30 |
| Q2 2025 | $27.7m | $18.9m | 0.68 |
Biggest buyers
| FIL Ltd | Added | +5.6m |
| ROYAL BANK OF CANADA | Added | +1.3m |
| GOLDMAN SACHS GROUP INC | Added | +594.4k |
| Caisse de depot et placement du Quebec | Added | +530.1k |
| BANK OF MONTREAL /CAN/ | Added | +522.7k |
| TD Asset Management Inc | Added | +431.6k |
| KENSICO CAPITAL MANAGEMENT CORP | New | +414.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +317.8k |
| CIBC Asset Management Inc | Added | +305.9k |
| VANGUARD GROUP INC | Added | +289.1k |
Biggest sellers
| ArrowMark Colorado Holdings LLC | Reduced | -716.8k |
| EdgePoint Investment Group Inc. | Reduced | -714.6k |
| Vontobel Holding Ltd. | Reduced | -693.5k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -621.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -500.0k |
| STATE STREET CORP | Reduced | -495.5k |
| PALISADE CAPITAL MANAGEMENT, LP | Reduced | -398.4k |
| LORD, ABBETT & CO. LLC | Sold out | -355.0k |
| Walleye Capital LLC | Reduced | -342.9k |
| CITADEL ADVISORS LLC | Reduced | -315.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.1m142.0k shares |
| SIG North Trading, ULC | Added | $7.5m70.6k shares |
| Walleye Capital LLC | New | $1.0m9.8k shares |
| Ancora Advisors LLC | Reduced | $1.0m775 shares |
| Walleye Trading LLC | Reduced | $860.1k8.1k shares |
| JANE STREET GROUP, LLC | New | $785.8k7.4k shares |
| CITADEL ADVISORS LLC | Added | $732.7k6.9k shares |
| TUDOR INVESTMENT CORP ET AL | New | $286.7k2.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $264.1k2.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $148.0k1.4k shares |
Biggest puts
| BANK OF MONTREAL /CAN/ | New | $9.6m90.0k shares |
| CITADEL ADVISORS LLC | Reduced | $4.1m39.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.2m20.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.2m11.5k shares |
| JANE STREET GROUP, LLC | New | $584.0k5.5k shares |
| Walleye Trading LLC | Added | $531.0k5.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $244.0k2.3k shares |
| SIG North Trading, ULC | Reduced | $223.0k2.1k shares |
| Walleye Capital LLC | Added | $180.5k1.7k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2025 | 0 | — | 4 | $2.4m | $873.7k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-11 | Watt Darren Jeffrey Chief Legal Officer | Sold plan | $395.9k3.7k shares |
| 2025-06-10 | Watt Darren Jeffrey Chief Legal Officer | Sold plan | $392.8k3.7k shares |
| 2025-06-10 | DeWitt Adam Director | Sold plan | $84.9k800 shares |
| 2025-05-15 | JETER JAMES J Chief Revenue Officer | Sold | $213.9k2.0k shares |
| 2025-05-13 | Fesler Andrew John Chief People Officer | Sold | $950.3k9.1k shares |
| 2025-05-12 | JETER JAMES J Chief Revenue Officer | Sold | $365.3k3.5k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 25.2m $2.7bn | Added +289.1k |
| BlackRock, Inc. 0.03% of their portfolio | 15.2m $1.6bn | Added +121.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.34% of their portfolio | 10.0m $1.1bn | Reduced -219.7k |
| FIL Ltd 0.84% of their portfolio | 9.3m $987.8m | Added +5.6m |
| EdgePoint Investment Group Inc. 5.54% of their portfolio | 6.9m $731.9m | Reduced -714.6k |
| Vontobel Holding Ltd. 2.28% of their portfolio | 6.5m $694.8m | Reduced -693.5k |
| STATE STREET CORP 0.02% of their portfolio | 6.2m $660.3m | Reduced -495.5k |
| Independent Franchise Partners LLP 4.03% of their portfolio | 5.7m $605.1m | Reduced -47.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.6m $482.4m | Added +317.8k |
| Fiera Capital Corp 1.40% of their portfolio | 3.9m $411.6m | Added +102.7k |
| FMR LLC 0.02% of their portfolio | 3.8m $408.5m | Added +269.4k |
| JANUS HENDERSON GROUP PLC 0.18% of their portfolio | 3.5m $368.5m | Added +21.4k |
| Beutel, Goodman & Co Ltd. 2.07% of their portfolio | 3.4m $362.9m | Reduced -119.5k |
| Boston Partners 0.37% of their portfolio | 3.2m $336.0m | Reduced -62.2k |
| COOKE & BIELER LP 3.09% of their portfolio | 2.9m $308.7m | Reduced -153.7k |
| RAYMOND JAMES FINANCIAL INC 0.10% of their portfolio | 2.8m $297.6m | Reduced -27.3k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 2.7m $282.7m | Added +1.3m |
| Invesco Ltd. 0.04% of their portfolio | 2.4m $258.3m | Reduced -3.5k |
| NORGES BANK 0.03% of their portfolio | 2.4m $255.8m | Added +50.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 2.0m $216.7m | Added +189.1k |
| RIVERBRIDGE PARTNERS LLC 3.02% of their portfolio | 1.8m $187.7m | Reduced -284.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.16% of their portfolio | 1.7m $175.2m | Reduced -49.5k |
| BANK OF MONTREAL /CAN/ 0.08% of their portfolio | 1.5m $156.5m | Added +522.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.5m $155.6m | Added +21.8k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.3m $141.4m | Reduced -23.8k |
| SAMLYN CAPITAL, LLC 2.00% of their portfolio | 1.3m $137.7m | Added +111.9k |
| Alyeska Investment Group, L.P. 0.47% of their portfolio | 1.2m $132.0m | Reduced -265.4k |
| Canoe Financial LP 1.87% of their portfolio | 1.2m $131.3m | Reduced -7.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.44% of their portfolio | 1.2m $124.3m | Reduced -204.9k |
| ArrowMark Colorado Holdings LLC 2.21% of their portfolio | 1.2m $122.5m | Reduced -716.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.1m $121.2m | Reduced -43.6k |
| CIBC Asset Management Inc 0.38% of their portfolio | 1.1m $120.5m | Added +305.9k |
| Caisse de depot et placement du Quebec 0.25% of their portfolio | 1.1m $114.9m | Added +530.1k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.0m $108.3m | Reduced -10.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 966.4k $102.6m | Reduced -233.6k |
| TD Asset Management Inc 0.08% of their portfolio | 938.9k $99.5m | Added +431.6k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 932.8k $99.1m | Added +594.4k |
| Champlain Investment Partners, LLC 0.64% of their portfolio | 868.2k $92.2m | Reduced -53.9k |
| Ancora Advisors LLC 1.88% of their portfolio | 850.8k $90.3m | Reduced -189.8k |
| MORGAN STANLEY 0.01% of their portfolio | 814.8k $86.5m | Added +50.5k |
| BLAIR WILLIAM & CO/IL 0.23% of their portfolio | 778.3k $82.6m | Reduced -29.2k |
| Legal & General Group Plc 0.02% of their portfolio | 764.7k $81.1m | Added +34.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 745.6k $79.2m | Reduced -16.8k |
| BW Gestao de Investimentos Ltda. 7.50% of their portfolio | 745.3k $79.1m | Added +195.0k |
| MACKENZIE FINANCIAL CORP 0.10% of their portfolio | 702.3k $74.7m | Reduced -112.7k |
| Third Point LLC 0.97% of their portfolio | 695.0k $73.8m | Reduced -255.0k |
| Federation des caisses Desjardins du Quebec 0.31% of their portfolio | 693.7k $70.4m | Added +78.3k |
| CIDEL ASSET MANAGEMENT INC 4.39% of their portfolio | 689.6k $73.1m | Added +11.9k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 681.2k $72.3m | Reduced -217.8k |
| Candlestick Capital Management LP 2.14% of their portfolio | 608.9k $64.7m | Reduced -58.6k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 591.0k $62.8m | Reduced -38.4k |
| Swiss National Bank 0.04% of their portfolio | 562.6k $59.5m | Added +37.8k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.98% of their portfolio | 524.1k $55.7m | Added +417 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio | 500.0k $53.1m | Reduced -500.0k |
| JANE STREET GROUP, LLC 0.08% of their portfolio | 489.1k $51.9m | Added +124.0k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 479.5k $50.9m | Added +1.6k |
| ROYCE & ASSOCIATES LP 0.51% of their portfolio | 472.4k $50.2m | Added +6.7k |
| Nuveen, LLC 0.01% of their portfolio | 471.4k $50.0m | Reduced -72.7k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 430.2k $45.5m | Reduced -84.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 420.0k $44.6m | Reduced -4.2k |
| KENSICO CAPITAL MANAGEMENT CORP 0.85% of their portfolio | 414.3k $44.0m | New |
| QV Investors Inc. 4.30% of their portfolio | 413.8k $43.9m | Added +3.0k |
| Retirement Systems of Alabama 0.15% of their portfolio | 386.9k $41.1m | Added +1.9k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 371.8k $39.5m | Reduced -157.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio | 370.0k $39.3m | Reduced -93.6k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 352.7k $36.4m | Reduced -621.2k |
| ProShare Advisors LLC 0.07% of their portfolio | 341.1k $36.2m | Reduced -2.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 332.7k $35.2m | Reduced -23.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 304.7k $32.4m | Added +52.7k |
| Nitorum Capital, L.P. 4.79% of their portfolio | 304.1k $32.3m | Reduced -24.0k |
| Woodline Partners LP 0.15% of their portfolio | 270.3k $28.7m | Added +229.4k |
| INTACT INVESTMENT MANAGEMENT INC. 0.97% of their portfolio | 269.8k $28.7m | Added +1.0k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.16% of their portfolio | 265.5k $28.2m | Added +110.1k |
| Starboard Value LP 0.46% of their portfolio | 251.2k $26.7m | Unchanged |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 245.0k $26.1m | Added +16.3k |
| UBS Group AG 0.01% of their portfolio | 244.9k $26.0m | Added +100.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 243.3k $25.8m | Reduced -3.6k |
| MOORE CAPITAL MANAGEMENT, LP 0.50% of their portfolio | 237.7k $25.2m | New |
| NFJ INVESTMENT GROUP, LLC 0.88% of their portfolio | 235.8k $25.3m | Reduced -177.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 234.0k $24.8m | Reduced -217.1k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 229.8k $24.4m | Reduced -191.1k |
| Schonfeld Strategic Advisors LLC 0.18% of their portfolio | 224.0k $23.8m | Reduced -62.5k |
| NICHOLAS COMPANY, INC. 0.40% of their portfolio | 223.0k $23.7m | Reduced -36.8k |
| Gotham Asset Management, LLC 0.14% of their portfolio | 217.0k $23.0m | Added +54.7k |
| Northwest & Ethical Investments L.P. 0.51% of their portfolio | 193.1k $20.5m | Reduced -260 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.07% of their portfolio | 192.6k $20.4m | Reduced -3.4k |
| Amundi 0.01% of their portfolio | 187.2k $19.7m | Added +42.3k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.22% of their portfolio | 186.0k $19.7m | New |
| Oasis Management Co Ltd. 4.57% of their portfolio | 183.2k $19.5m | Unchanged |
| 12th Street Asset Management Company, LLC 3.31% of their portfolio | 181.4k $19.3m | Reduced -87.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 176.5k $18.7m | Added +1.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 174.3k $18.5m | Reduced -315.4k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.20% of their portfolio | 168.1k $17.8m | Reduced -39.7k |
| Onex Canada Asset Management Inc. 2.16% of their portfolio | 167.0k $17.7m | Reduced -15.2k |
| BANK OF NOVA SCOTIA 0.04% of their portfolio | 165.6k $17.6m | Reduced -100.7k |
| Running Oak Capital LLC 1.92% of their portfolio | 163.1k $17.3m | Added +905 |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 160.4k $17.0m | Added +13.3k |
| WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD 4.16% of their portfolio | 159.4k $16.9m | Added +13.8k |
| Covalis Capital LLP 2.13% of their portfolio | 158.3k $16.8m | Added +83.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 137.8k $14.6m | Added +4.5k |