RESERVOIR MEDIA INC RSVR
COM · Common Stock · CUSIP 76119X105
- SectorConsumer discretionary
- IndustryServices-Amusement & Recreation Services
- HeadquartersNew York, NY
- Founded2007
- Websitereservoir-media.com
- 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 ($14.5k this quarter). Holder counts are more reliable. Shares outstanding: 65.9m as of 2026-07-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.89. Options: 2 managers hold calls ($274.0k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 48 |
| Q4 2022 | 54 |
| Q1 2023 | 51 |
| Q2 2023 | 58 |
| Q3 2023 | 58 |
| Q4 2023 | 57 |
| Q1 2024 | 56 |
| Q2 2024 | 62 |
| Q3 2024 | 65 |
| Q4 2024 | 68 |
| Q1 2025 | 75 |
| Q2 2025 | 71 |
| Q3 2025 | 71 |
| Q4 2025 | 69 |
| Q1 2026 | 80 |
| Q2 2026 | 81 |
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 2024 | 32 | 21 |
| Q4 2024 | 28 | 22 |
| Q1 2025 | 32 | 25 |
| Q2 2025 | 40 | 21 |
| Q3 2025 | 35 | 24 |
| Q4 2025 | 33 | 29 |
| Q1 2026 | 31 | 30 |
| Q2 2026 | 32 | 30 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.9m | $5.7m | 2.95 |
| Q4 2025 | $8.5m | $556.4k | 0.07 |
| Q1 2026 | $3.4m | $0 | 0.00 |
| Q2 2026 | $274.0k | $0 | 0.00 |
Biggest buyers
| Nantahala Capital Management, LLC | Added | +941.0k |
| CITADEL ADVISORS LLC | New | +116.6k |
| Irenic Capital Management LP | Added | +79.0k |
| NORTHERN TRUST CORP | Added | +69.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +65.3k |
| RENAISSANCE TECHNOLOGIES LLC | New | +60.1k |
| AMERICAN CENTURY COMPANIES INC | New | +54.8k |
| BlackRock, Inc. | Added | +35.8k |
| XTX Topco Ltd | New | +31.0k |
| STATE STREET CORP | Added | +14.7k |
Biggest sellers
| Mill Road Capital Management LLC | Reduced | -470.8k |
| FEDERATED HERMES, INC. | Reduced | -174.9k |
| 683 Capital Management, LLC | Sold out | -90.0k |
| SANDERS MORRIS HARRIS LLC | Reduced | -84.6k |
| Russell Investments Group, Ltd. | Reduced | -72.3k |
| Inspire Investing, LLC | Sold out | -53.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -30.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -25.9k |
| Boston Partners | Reduced | -10.1k |
| BARCLAYS PLC | Reduced | -10.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $170.1k17.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $103.8k10.5k shares |
Biggest puts
| None |
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 |
|---|---|
Wesbild Inc.
13D · may seek influence
filed 2026-03-03
Stated purposeItem 4 of the Original Schedule 13D is hereby amended to incorporate the following at the end thereof: On March 3, 2026, Wesbild and Richmond Hill Investment Co., LP ("RH" and, together with Wesbild, the "Investors"), jointly submitted to the board of directors of the Issuer (the "Board") a preliminary non-binding proposal (the "Proposal") to acquire all of the outstanding shares of Common Stock of the Issuer that are not already owned by the Investors in a going private transaction (the "Proposed Transaction"). Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors, directly or indirectly, including through a vehicle controlled by Wesbild, for a purchase price in cash of $10.50 per share, represe… Full filing |
44.6% |
Richmond Hill Advisors, LLC
13D · may seek influence
filed 2026-03-04
Stated purposeItem 4 of each Original Schedule 13D is hereby amended to incorporate the following at the end thereof: On March 3, 2026, Wesbild, Inc. ("Wesbild") and RH (together with Wesbild, the "Investors"), jointly submitted to the board of directors of the Issuer (the "Board") a preliminary non-binding proposal (the "Proposal") to acquire all of the outstanding shares of Common Stock of the Issuer that are not already owned by the Investors or certain of their respective affiliates in a going private transaction (the "Proposed Transaction"). Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors or certain of their respective affiliates, directly or indirectly, for a purchase price in cash of $10.50 per sh… Full filing |
21.4% |
Richmond Hill Capital Management, LLC
13D · may seek influence
filed 2026-03-04
Stated purposeItem 4 of each Original Schedule 13D is hereby amended to incorporate the following at the end thereof: On March 3, 2026, Wesbild, Inc. ("Wesbild") and RH (together with Wesbild, the "Investors"), jointly submitted to the board of directors of the Issuer (the "Board") a preliminary non-binding proposal (the "Proposal") to acquire all of the outstanding shares of Common Stock of the Issuer that are not already owned by the Investors or certain of their respective affiliates in a going private transaction (the "Proposed Transaction"). Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors or certain of their respective affiliates, directly or indirectly, for a purchase price in cash of $10.50 per sh… Full filing |
21.4% |
Richmond Hill Capital Partners, LP
13D · may seek influence
filed 2026-03-04
Stated purposeItem 4 of each Original Schedule 13D is hereby amended to incorporate the following at the end thereof: On March 3, 2026, Wesbild, Inc. ("Wesbild") and RH (together with Wesbild, the "Investors"), jointly submitted to the board of directors of the Issuer (the "Board") a preliminary non-binding proposal (the "Proposal") to acquire all of the outstanding shares of Common Stock of the Issuer that are not already owned by the Investors or certain of their respective affiliates in a going private transaction (the "Proposed Transaction"). Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors or certain of their respective affiliates, directly or indirectly, for a purchase price in cash of $10.50 per sh… Full filing |
21.4% |
Richmond Hill Investment Co., LP
13D · may seek influence
filed 2026-03-04
Stated purposeItem 4 of each Original Schedule 13D is hereby amended to incorporate the following at the end thereof: On March 3, 2026, Wesbild, Inc. ("Wesbild") and RH (together with Wesbild, the "Investors"), jointly submitted to the board of directors of the Issuer (the "Board") a preliminary non-binding proposal (the "Proposal") to acquire all of the outstanding shares of Common Stock of the Issuer that are not already owned by the Investors or certain of their respective affiliates in a going private transaction (the "Proposed Transaction"). Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors or certain of their respective affiliates, directly or indirectly, for a purchase price in cash of $10.50 per sh… Full filing |
21.4% |
Taylor Ryan P.
13D · may seek influence
filed 2026-03-04
Stated purposeItem 4 of each Original Schedule 13D is hereby amended to incorporate the following at the end thereof: On March 3, 2026, Wesbild, Inc. ("Wesbild") and RH (together with Wesbild, the "Investors"), jointly submitted to the board of directors of the Issuer (the "Board") a preliminary non-binding proposal (the "Proposal") to acquire all of the outstanding shares of Common Stock of the Issuer that are not already owned by the Investors or certain of their respective affiliates in a going private transaction (the "Proposed Transaction"). Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors or certain of their respective affiliates, directly or indirectly, for a purchase price in cash of $10.50 per sh… Full filing |
21.4% |
Essex Equity Joint Investment Vehicle, LLC
13D · may seek influence
filed 2026-03-04
Stated purposeItem 4 of each Original Schedule 13D is hereby amended to incorporate the following at the end thereof: On March 3, 2026, Wesbild, Inc. ("Wesbild") and RH (together with Wesbild, the "Investors"), jointly submitted to the board of directors of the Issuer (the "Board") a preliminary non-binding proposal (the "Proposal") to acquire all of the outstanding shares of Common Stock of the Issuer that are not already owned by the Investors or certain of their respective affiliates in a going private transaction (the "Proposed Transaction"). Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors or certain of their respective affiliates, directly or indirectly, for a purchase price in cash of $10.50 per sh… Full filing |
21.4% |
ER Reservoir LLC
13D · may seek influence
filed 2026-03-04
Stated purposeItem 4 of each Original Schedule 13D is hereby amended to incorporate the following at the end thereof: On March 3, 2026, Wesbild, Inc. ("Wesbild") and RH (together with Wesbild, the "Investors"), jointly submitted to the board of directors of the Issuer (the "Board") a preliminary non-binding proposal (the "Proposal") to acquire all of the outstanding shares of Common Stock of the Issuer that are not already owned by the Investors or certain of their respective affiliates in a going private transaction (the "Proposed Transaction"). Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors or certain of their respective affiliates, directly or indirectly, for a purchase price in cash of $10.50 per sh… Full filing |
21.4% |
Richmond Hill Investments, LLC
13D · may seek influence
filed 2026-03-04
Stated purposeItem 4 of each Original Schedule 13D is hereby amended to incorporate the following at the end thereof: On March 3, 2026, Wesbild, Inc. ("Wesbild") and RH (together with Wesbild, the "Investors"), jointly submitted to the board of directors of the Issuer (the "Board") a preliminary non-binding proposal (the "Proposal") to acquire all of the outstanding shares of Common Stock of the Issuer that are not already owned by the Investors or certain of their respective affiliates in a going private transaction (the "Proposed Transaction"). Under the Proposal, the Investors propose to acquire all of the outstanding shares of the Issuer's Common Stock not already owned by the Investors or certain of their respective affiliates, directly or indirectly, for a purchase price in cash of $10.50 per sh… Full filing |
21.4% |
Irenic Capital Management LP
13D · may seek influence
+0.1 pts · filed 2026-03-02
Stated purposeItem 4 is hereby amended to add the following: Irenic Capital continues to be supportive of the Issuer's management, and to believe that the securities of the Issuer are undervalued and represent an attractive investment opportunity, especially in light of management's expertise. As a result, Irenic Capital submitted a nonbinding proposal to acquire 100% of the Issuer's outstanding equity at a price, per share in cash, between $10.00 to $11.00 per share. The proposal is subject to a number of conditions, including Irenic Capital reaching agreement with the existing management team regarding their continued employment by the Issuer following an acquisition. Irenic Capital's proposal also included an option for certain major stakeholders to participate in the acquisition. Full filing |
9.3% |
Insider purchases and sales since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $1.7m | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Irenic Capital Management LP 4.46% of their portfolio | 6.3m $61.9m | Added +79.0k |
| Nantahala Capital Management, LLC 0.56% of their portfolio | 1.9m $18.6m | Added +941.0k |
| BlackRock, Inc. 0.00% of their portfolio | 1.3m $12.5m | Added +35.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.2m $11.9m | Added +65.3k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 825.1k $8.2m | Reduced -174.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 672.5k $6.7m | Reduced -8.8k |
| AWM Investment Company, Inc. 0.47% of their portfolio | 545.5k $5.4m | Reduced -6.1k |
| Gruss & Co., LLC 13.27% of their portfolio | 511.8k $5.1m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 419.7k $4.2m | Added +14.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 405.1k $4.0m | Reduced -72.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 397.6k $3.9m | Added +11.2k |
| First Pacific Advisors, LP 0.04% of their portfolio | 308.7k $3.1m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 260.9k $2.6m | Added +69.8k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 196.9k $1.9m | Added +8.3k |
| SANDERS MORRIS HARRIS LLC 1.04% of their portfolio | 181.4k $1.8m | Reduced -84.6k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 170.1k $1.7m | Added +489 |
| Hurley Capital, LLC 0.84% of their portfolio | 163.6k $1.6m | Unchanged |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 130.9k $1.3m | Added +13.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 116.6k $1.2m | New |
| Weiss Asset Management LP 0.01% of their portfolio | 96.1k $950.2k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 93.9k $928.8k | Reduced -30.1k |
| Mill Road Capital Management LLC 0.44% of their portfolio | 89.9k $888.7k | Reduced -470.8k |
| MORGAN STANLEY 0.00% of their portfolio | 83.2k $822.7k | Added +1.4k |
| BARCLAYS PLC 0.00% of their portfolio | 76.7k $758.1k | Reduced -10.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 70.4k $695.9k | Added +3.3k |
| UBS Group AG 0.00% of their portfolio | 70.3k $694.8k | Added +7.4k |
| North Star Investment Management Corp. 0.03% of their portfolio | 64.0k $633.0k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 63.1k $623.9k | Added +4.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 60.1k $594.6k | New |
| Boston Partners 0.00% of their portfolio | 59.8k $591.5k | Reduced -10.1k |
| Marble Bar Asset Management LLP 0.40% of their portfolio | 57.7k $571.1k | Reduced -900 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 54.8k $541.5k | New |
| Nuveen, LLC 0.00% of their portfolio | 37.2k $368.0k | Unchanged |
| XTX Topco Ltd 0.00% of their portfolio | 31.0k $306.4k | New |
| GABELLI FUNDS LLC 0.00% of their portfolio | 28.5k $281.9k | Unchanged |
| Ewing Morris & Co. Investment Partners Ltd. 0.14% of their portfolio | 27.0k $267.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 24.2k $239.4k | Reduced -2.9k |
| E&G Advisors, LLC 0.05% of their portfolio | 24.1k $238.3k | Unchanged |
| EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio | 21.5k $212.8k | Reduced -9.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 19.1k $189.1k | Added +12.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 18.1k $179.2k | Reduced -5.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 16.5k $163.5k | Added +8.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 15.9k $155.5k | Added +700 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 15.0k $148.0k | Unchanged |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 13.6k $134.7k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 12.7k $125.9k | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 12.4k $122.8k | New |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.01% of their portfolio | 12.2k $120.7k | New |
| CITIGROUP INC 0.00% of their portfolio | 11.3k $112.1k | Added +9.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 11.1k $113.5k | Reduced -146 |
| Invesco Ltd. 0.00% of their portfolio | 10.4k $103.3k | Reduced -2.9k |
| Meridian Wealth Advisors, LLC 0.01% of their portfolio | 10.0k $98.9k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 9.0k $89.3k | Reduced -650 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 8.1k $79.9k | Reduced -1.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 7.4k $72.9k | Unchanged |
| FMR LLC 0.00% of their portfolio | 7.0k $69.2k | Added +3.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.4k $44.0k | Added +2.9k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 4.4k $43.5k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 4.1k $40.4k | Reduced -608 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.9k $18.8k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 1.7k $17.2k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 1.7k $16.6k | New |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.5k $15.2k | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.5k $14.5k | Unchanged |
| Torren Management, LLC 0.00% of their portfolio | 472 $4.7k | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 355 $3.5k | Reduced -276 |
| FIDUCIARY FINANCIAL ADVISORS 0.00% of their portfolio | 350 $3.5k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 270 $2.7k | Reduced -830 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 98 $969 | Added +10 |
| Arax Advisory Partners 0.00% of their portfolio | 93 $920 | Added +88 |
| GAMMA Investing LLC 0.00% of their portfolio | 82 $811 | Unchanged |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.00% of their portfolio | 43 $425 | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 26 $259 | New |
| Covestor Ltd 0.00% of their portfolio | 14 $0 | Reduced -64 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 9 $90 | Added +7 |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 8 $79 | Reduced -1 |
| Optiver Holding B.V. 0.00% of their portfolio | 6 $59 | Reduced -192 |
| Essential Partners LLC 0.00% of their portfolio | 6 $59 | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 4 $40 | Unchanged |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 3 $30 | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 2 $20 | Unchanged |