RIVERVIEW BANCORP INC RVSB
COM · Common Stock · CUSIP 769397100
- SectorFinancials
- IndustrySavings Institution, Federally Chartered
- HeadquartersVancouver, WA
- 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 ($704.2k this quarter). Holder counts are more reliable. Shares outstanding: 20.3m as of 2026-06-12, 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 ≈ $5.46.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 56 |
| Q4 2022 | 58 |
| Q1 2023 | 57 |
| Q2 2023 | 57 |
| Q3 2023 | 53 |
| Q4 2023 | 54 |
| Q1 2024 | 47 |
| Q2 2024 | 49 |
| Q3 2024 | 44 |
| Q4 2024 | 45 |
| Q1 2025 | 43 |
| Q2 2025 | 77 |
| Q3 2025 | 93 |
| Q4 2025 | 88 |
| Q1 2026 | 86 |
| Q2 2026 | 88 |
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 | 12 | 19 |
| Q4 2024 | 19 | 10 |
| Q1 2025 | 14 | 16 |
| Q2 2025 | 57 | 14 |
| Q3 2025 | 56 | 26 |
| Q4 2025 | 38 | 40 |
| Q1 2026 | 34 | 42 |
| Q2 2026 | 44 | 44 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | New | +276.8k |
| JANE STREET GROUP, LLC | New | +193.8k |
| Fourthstone LLC | New | +169.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +121.7k |
| CITADEL ADVISORS LLC | New | +82.1k |
| Ancora Advisors LLC | Added | +76.8k |
| AQR CAPITAL MANAGEMENT LLC | Added | +45.6k |
| MERCER GLOBAL ADVISORS INC /ADV | New | +40.5k |
| Squarepoint Ops LLC | New | +35.8k |
| Qube Research & Technologies Ltd | New | +32.4k |
Biggest sellers
| BlackRock, Inc. | Reduced | -1.1m |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -229.1k |
| STATE STREET CORP | Reduced | -156.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Sold out | -117.3k |
| NORTHERN TRUST CORP | Reduced | -100.9k |
| STRS OHIO | Sold out | -97.6k |
| SEI INVESTMENTS CO | Reduced | -69.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -58.9k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -53.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Sold out | -48.8k |
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 |
|---|---|
Nierenberg Investment Management Company, Inc.
13D · may seek influence
+1.0 pts · filed 2025-07-15
Stated purposeWe are encouraged by seven recent insider purchases. Full filing |
10.0% |
| BlackRock Portfolio Management LLC 13G · institution new · filed 2025-04-15 | 6.7% |
| MANULIFE FINANCIAL CORP 13G · institution +0.1 pts · filed 2026-08-14 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
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 | 7 | $71.9k | 0 | — | — |
| Q3 2025 | 5 | $44.1k | 0 | — | — |
| Q4 2025 | 1 | $5.0k | 0 | — | — |
| Q1 2026 | 2 | $17.9k | 0 | — | — |
| Q2 2026 | 5 | $47.9k | 0 | — | — |
| Q3 2026 | 9 | $83.6k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-17 | Sherman Nicole President/CEO, director | Bought | $10.0k1.8k shares |
| 2026-09-17 | Lightheart Charmaine EVP/CRDEO | Bought | $568100 shares |
| 2026-09-16 | Graham Stacey Director | Bought | $10.0k1.8k shares |
| 2026-09-15 | Wills Bessie Ross Director | Bought | $11.2k2.0k shares |
| 2026-09-14 | Zamanizadeh Kourosh Nasser Director | Bought | $19.4k3.6k shares |
| 2026-08-20 | Benke Robert EVP/CCO | Bought | $5.0k1.0k shares |
| 2026-08-18 | Carlson Bradley Director | Bought | $5.1k1.0k shares |
| 2026-08-17 | Lam David EVP/CFO | Bought | $5.2k1.0k shares |
| 2026-08-12 | Lightheart Charmaine EVP/CRDEO | Bought | $1.3k250 shares |
| 2026-08-03 | Girod Jon Louis Director | Bought | $5.4k1.0k shares |
| 2026-07-31 | Girod Jon Louis Director | Bought | $10.5k2.0k shares |
| 2026-07-24 | Nierenberg Investment Management Company, LLC 10% owner · By: Haredale Ltd. | Sold | $26.4k5.0k shares |
| 2026-07-23 | Nierenberg Investment Management Company, LLC 10% owner · By: Haredale Ltd. | Sold | $26.3k5.0k shares |
| 2026-07-22 | Nierenberg Investment Management Company, LLC 10% owner · By: Haredale Ltd. | Sold | $26.2k5.0k shares |
| 2026-06-01 | Lightheart Charmaine EVP/CRDEO | Bought | $831150 shares |
| 2026-05-29 | Lightheart Charmaine EVP/CRDEO | Bought | $14526 shares |
| 2026-05-08 | Benke Robert EVP/CCO | Bought | $21.8k4.0k shares |
| 2026-05-07 | Sherman Nicole President/CEO, director | Bought | $9.9k1.8k shares |
| 2026-05-05 | Hoff Larry Director | Bought | $10.0k1.9k shares |
| 2026-05-04 | Cox Daniel D EVP/COO | Bought | $5.2k1.0k 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 2026
| Manager | Shares | Change |
|---|---|---|
| Nierenberg Investment Management Company, LLC 5.48% of their portfolio | 2.0m $11.0m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.3m $7.3m | Added +5.9k |
| BlackRock, Inc. 0.00% of their portfolio | 1.3m $7.0m | Reduced -1.1m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 1.1m $5.8m | Reduced -14.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 883.1k $4.8m | Reduced -7.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 878.1k $4.8m | Reduced -10.6k |
| Pacific Ridge Capital Partners, LLC 0.74% of their portfolio | 749.5k $4.1m | Reduced -5.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 555.4k $3.0m | Reduced -22.7k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.27% of their portfolio | 373.5k $2.0m | Reduced -16.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 350.0k $1.9m | Added +30.8k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 276.8k $1.5m | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 275.2k $1.5m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 229.0k $1.2m | Reduced -229.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 228.8k $1.2m | Reduced -53.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 193.8k $1.1m | New |
| Fourthstone LLC 0.65% of their portfolio | 169.0k $917.9k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 146.5k $795.3k | Reduced -58.9k |
| Empowered Funds, LLC 0.00% of their portfolio | 128.3k $696.6k | Unchanged |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 127.2k $690.6k | Reduced -25.3k |
| Legato Capital Management LLC 0.06% of their portfolio | 125.9k $683.7k | Added +3.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 121.7k $660.6k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 118.3k $642.6k | Reduced -13.2k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 111.4k $605.1k | Reduced -2.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 103.8k $563.7k | Added +45.6k |
| Ancora Advisors LLC 0.01% of their portfolio | 97.4k $529.0k | Added +76.8k |
| CONTINENTAL ADVISORS LLC 0.27% of their portfolio | 86.0k $467.0k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 82.1k $446.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 79.0k $429.1k | Reduced -14.9k |
| STATE STREET CORP 0.00% of their portfolio | 77.9k $423.2k | Reduced -156.4k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 68.3k $370.9k | Added +2.4k |
| BARCLAYS PLC 0.00% of their portfolio | 59.7k $324.3k | Reduced -4.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 57.7k $313.6k | Reduced -69.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 46.8k $254.0k | Reduced -100.9k |
| Baker Ellis Asset Management LLC 0.02% of their portfolio | 41.0k $222.6k | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 40.7k $220.9k | Reduced -11.7k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 40.5k $219.9k | New |
| RBF Capital, LLC 0.01% of their portfolio | 40.0k $217.2k | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 35.8k $194.6k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 32.4k $175.9k | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 29.8k $162.0k | Added +14.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 28.9k $156.8k | Added +20.1k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 26.8k $145.7k | New |
| Quadrature Capital Ltd 0.00% of their portfolio | 26.0k $140.9k | New |
| Catalyst Funds Management Pty Ltd 0.01% of their portfolio | 23.8k $129.2k | New |
| Johnson Bixby & Associates, LLC 0.01% of their portfolio | 23.5k $127.8k | Unchanged |
| Badgley Phelps Wealth Managers, LLC 0.00% of their portfolio | 22.5k $122.4k | Unchanged |
| CALDWELL SUTTER CAPITAL, INC. 0.04% of their portfolio | 18.5k $100.5k | Unchanged |
| XTX Topco Ltd 0.00% of their portfolio | 15.9k $86.3k | New |
| Creative Planning 0.00% of their portfolio | 14.1k $76.8k | Added +119 |
| Engineers Gate Manager LP 0.00% of their portfolio | 11.2k $61.1k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 10.9k $59.4k | Reduced -46.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 10.7k $57.9k | Reduced -14.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 10.3k $55.9k | Reduced -3.5k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 9.9k $52.4k | Added +400 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 6.3k $34.2k | Unchanged |
| Daytona Street Capital LLC 0.02% of their portfolio | 6.0k $31.9k | Unchanged |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.8k $31.7k | New |
| UBS Group AG 0.00% of their portfolio | 5.5k $29.7k | Added +1.2k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 4.9k $26.5k | Added +645 |
| OBSIDIAN CIO, LLC 0.29% of their portfolio | 4.6k $390.2k | Reduced -88 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.4k $13.0k | Reduced -4.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.7k $9.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.5k $7.9k | Reduced -7.6k |
| Arax Advisory Partners 0.00% of their portfolio | 1.3k $7.1k | Added +1.3k |
| C M BIDWELL & ASSOCIATES LTD 0.00% of their portfolio | 1.0k $5.5k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 992 $5.4k | Added +26 |
| PL Capital Advisors, LLC 0.00% of their portfolio | 895 $4.9k | New |
| FMR LLC 0.00% of their portfolio | 748 $4.1k | Added +423 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 678 $3.7k | New |
| Global Retirement Partners, LLC 0.00% of their portfolio | 445 $2.4k | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 372 $2.0k | Reduced -7.9k |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 364 $2.0k | Added +194 |
| Allworth Financial LP 0.00% of their portfolio | 327 $1.8k | Added +126 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 248 $1.3k | Unchanged |
| Essential Partners LLC 0.00% of their portfolio | 241 $1.3k | Reduced -254 |
| GAMMA Investing LLC 0.00% of their portfolio | 165 $896 | Added +92 |
| Capital Advisors, Ltd. LLC 0.00% of their portfolio | 150 $1.0k | Unchanged |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 100 $543 | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 83 $451 | Added +72 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 79 $427 | Added +27 |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 60 $326 | Added +31 |
| True Wealth Design, LLC 0.00% of their portfolio | 58 $315 | Added +17 |
| Bogart Wealth, LLC 0.00% of their portfolio | 27 $147 | Unchanged |
| Basecamp Wealth Advisors LLC 0.00% of their portfolio | 17 $92 | Added +7 |
| SJS Investment Consulting Inc. 0.00% of their portfolio | 7 $39 | Added +2 |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 6 $33 | Added +5 |
| Wealth Enhancement Trust Services, Inc. 0.00% of their portfolio | 6 $33 | New |
| CITIGROUP INC 0.00% of their portfolio | 1 $5 | Reduced -938 |