Vault-13

RITCHIE BROS AUCTIONEERS RBA

COM · Common Stock · CUSIP 767744105 · ISIN CA7677441056

10 institutional holders -444 vs Q1 2023
458,105458.1k shares reported held*
$26.1mreported value*
2 new 2 added 3 reduced 440 sold out net sold ≈ $9.3bn (-158.3m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $56.92.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 314Q4 22: 351Q1 23: 454Q2 23: 1010Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022314
Q4 2022351
Q1 2023454
Q2 202310

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
5000500Q4 22: 176 bought or addedQ4 22: 171 cut or sold outQ4 22Q1 23: 342 bought or addedQ1 23: 131 cut or sold outQ1 23Q2 23: 4 bought or addedQ2 23: 443 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022176171
Q1 2023342131
Q2 20234443

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$25m$50m$75m$100mQ3 22 calls: $11.8mQ3 22 puts: $5.3mQ3 22P/C 0.45Q4 22 calls: $71.7mQ4 22 puts: $42.7mQ4 22P/C 0.60Q1 23 calls: $50.0mQ1 23 puts: $89.3mQ1 23P/C 1.79Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$11.8m$5.3m0.45
Q4 2022$71.7m$42.7m0.60
Q1 2023$50.0m$89.3m1.79
Q2 2023$0$0—

Biggest buyers

MEITAV INVESTMENT HOUSE LTD New +22,293+22.3k
IFP Advisors, Inc Added +1,652+1.7k
ARMSTRONG HENRY H ASSOCIATES INC Added +75+75
EARNEST PARTNERS LLC New +41+41

Biggest sellers

Independent Franchise Partners LLP Sold out -14,851,085-14.9m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Sold out -7,965,275-8.0m
VANGUARD GROUP INC Sold out -6,562,048-6.6m
EdgePoint Investment Group Inc. Sold out -6,191,978-6.2m
Beutel, Goodman & Co Ltd. Sold out -5,752,651-5.8m
ArrowMark Colorado Holdings LLC Sold out -4,350,120-4.4m
RIVERBRIDGE PARTNERS LLC Sold out -3,985,212-4.0m
Luxor Capital Group, LP Sold out -3,841,542-3.8m
EAGLE ASSET MANAGEMENT INC Sold out -3,643,146-3.6m
BANK OF AMERICA CORP /DE/ Sold out -3,602,148-3.6m

Insider purchases and sales in Q2 2023

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)

BuyingSelling
10010Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 0 buyingQ4 21: 2 sellingQ4 21Q1 22: 1 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 3 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 7 buyingQ2 23: 0 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20210—2$228.4k—
Q1 20221$499.5k0——
Q2 20220—3$455.8k—
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——
Q2 20237$1.5m0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-05-18 Fandozzi Ann CEO, director Bought 18,522 $54.06 $1.0m18.5k shares +19%
2023-05-18 Elton Robert George Director Bought 1,471 $54.15 $79.7k1.5k shares new
2023-05-17 RAISS SARAH E. Director Bought 560 $51.67 $28.9k560 shares +373%
2023-05-16 DeWitt Adam Director Bought 2,000 $52.40 $104.8k2.0k shares new
2023-05-15 Olsson Erik Director Bought 2,000 $52.85 $105.7k2.0k shares new
2023-05-15 Hook Lisa Director Bought 1,860 $53.72 $99.9k1.9k shares new
2023-05-15 Stephenson Carol Director Bought 1,220 $52.62 $64.2k1.2k shares new
2023-05-15 RAISS SARAH E. Director Bought 150 $53.31 $8.0k150 shares new

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NICHOLAS COMPANY, INC. 0.41% of their portfolio MILWAUKEE, WI 358,701358.7k $21.5m $21.5m 0.41% Reduced -135 -135
2 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 43,77143.8k $2.5m $2.5m 0.00% Unchanged
3 MEITAV INVESTMENT HOUSE LTD 0.00% of their portfolio BENE-BERAQ, L3 22,29322.3k $106.7k $106.7k 0.00% New
4 Achmea Investment Management B.V. 0.02% of their portfolio ZEIST, P7 18,76018.8k $1.1m $1.1m 0.02% Reduced -1.0k -1,012
5 ARMSTRONG HENRY H ASSOCIATES INC 0.06% of their portfolio PITTSBURGH, PA 8,4208.4k $505.2k $505.2k 0.06% Added +75 +75
6 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3,6843.7k $166.4k $166.4k 0.00% Added +1.7k +1,652
7 Grayhawk Investment Strategies Inc. 0.10% of their portfolio Calgary, A0 2,0002.0k $159.0k $159.0k 0.10% Unchanged
8 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 396396 $22.0k $22.0k 0.00% Reduced -243 -243
9 EARNEST PARTNERS LLC 0.00% of their portfolio ATLANTA, GA 4141 $2.5k $2.5k 0.00% New
10 AlphaMark Advisors, LLC 0.00% of their portfolio FT. WRIGHT, KY 3939 $2.0k $2.0k 0.00% Unchanged