RBF Capital, LLC

Other Low signal CIK 1134621
League rank
#246
in Other · #1064 overall
Long book
$2.04B
Q1 2026
Positions
487
Top-10 weight
28%
concentration
Last quarter
+16.8%
SPY +14.8%
Turnover
19%
of book per quarter

Strategy in plain words

auto-generated from filings

RBF Capital, LLC is an institutional manager, running a $2.04B US long book across 487 positions.

The portfolio is moderately concentrated (top 10 ≈ 28% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: MORGAN STANLEY, SS SPDR S&P 500 ETF TRUST-US, META PLATFORMS INC-CLASS A, BERKSHIRE HATHAWAY INC-CL A, DANAOS CORP.

Over the last 9 quarters its long book ran on average 0pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.4%
Q2 2024
+10.1%
Q3 2024
+3.1%
Q4 2024
-4.8%
Q1 2025
+9.0%
Q2 2025
+9.5%
Q3 2025
+1.0%
Q4 2025
-4.2%
Q1 2026
+16.8%

Sector allocation

Financials
29%
Industrials
16%
Technology
15%
Services media
15%
Consumer discretionary
7%
Healthcare
5%
Other
5%
Utilities
2%

Long book by quarter

$1.78B
Q1 2024
$1.71B
Q2 2024
$1.95B
Q3 2024
$1.92B
Q4 2024
$1.59B
Q1 2025
$2.02B
Q2 2025
$2.18B
Q3 2025
$4.38B
Q4 2025
$2.04B
Q1 2026

What does RBF Capital, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MS MORGAN STANLEYFinancials810.4K$133.4M6.6%-50.0%
META META PLATFORMS INC-CLASS ATechnology105.0K$60.1M3.0%-50.0%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials76$54.6M2.7%-50.0%
DAC DANAOS CORPIndustrials418.0K$47.1M2.3%-50.0%
APP APPLOVIN CORP-CLASS ATechnology115.0K$45.8M2.2%-50.0%
BAC BANK OF AMERICA CORPFinancials760.0K$37.0M1.8%-50.0%
HCA HCA HEALTHCARE INCHealthcare75.0K$35.5M1.7%-50.0%
GOOG ALPHABET INC-CL CTechnology120.0K$34.4M1.7%-50.0%
MA MASTERCARD INC - AServices media65.5K$32.7M1.6%-50.0%
AAPL APPLE INCTechnology120.0K$30.5M1.5%-50.0%
V VISA INC-CLASS A SHARESServices media95.0K$28.7M1.4%-50.0%
MOD MODINE MANUFACTURING COIndustrials100.0K$21.7M1.1%-50.0%
FICO FAIR ISAAC CORPServices media20.0K$21.4M1.0%-50.0%
BLDR BUILDERS FIRSTSOURCE INCConsumer discretionary258.7K$21.3M1.0%-50.0%
SPGI S&P GLOBAL INCServices media50.0K$21.3M1.0%-50.0%
LINC LINCOLN EDUCATIONAL SERVICESServices media499.1K$20.3M1.0%-50.0%
GS GOLDMAN SACHS GROUP INCFinancials23.0K$19.5M1.0%-50.0%
ET ENERGY TRANSFER LPUtilities1.0M$19.3M0.9%-50.0%
MSFT MICROSOFT CORPTechnology50.0K$18.5M0.9%-50.0%
WLFC WILLIS LEASE FINANCE CORPConsumer discretionary107.7K$18.3M0.9%-50.0%
THC TENET HEALTHCARE CORPHealthcare93.2K$17.6M0.9%-50.0%
UTI UNIVERSAL TECHNICAL INSTITUTServices media475.8K$17.2M0.8%-50.0%
PEP PEPSICO INCConsumer staples108.4K$16.8M0.8%-50.0%
UBER UBER TECHNOLOGIES INCServices media228.0K$16.4M0.8%-50.6%
GSL GLOBAL SHIP LEASE INC-CL AIndustrials437.5K$16.3M0.8%-50.0%
BKD BROOKDALE SENIOR LIVING INCHealthcare1.2M$15.9M0.8%-50.4%
JLL JONES LANG LASALLE INCReal estate50.0K$15.2M0.7%-50.0%
UNH UNITEDHEALTH GROUP INCFinancials55.0K$14.9M0.7%-50.0%
OPY OPPENHEIMER HOLDINGS-CL AFinancials163.8K$14.6M0.7%-50.0%
GOOGL ALPHABET INC-CL ATechnology50.0K$14.4M0.7%-50.0%
WLDN WILLDAN GROUP INCServices media184.6K$14.1M0.7%-50.0%
TPR TAPESTRY INCOther100.0K$14.1M0.7%-50.0%
MAN MANPOWERGROUP INCServices media475.0K$14.0M0.7%-49.5%
ASC ARDMORE SHIPPING CORPIndustrials901.9K$13.8M0.7%-50.0%
AMZN AMAZON.COM INCConsumer discretionary65.0K$13.5M0.7%-35.0%
UBS UBS GROUP AG-REGFinancials340.0K$13.3M0.7%-50.0%
COF CAPITAL ONE FINANCIAL CORPFinancials72.6K$13.2M0.7%-47.3%
ENTG ENTEGRIS INCOther110.0K$12.9M0.6%-50.8%
WMT WALMART INCConsumer discretionary102.8K$12.8M0.6%-66.4%
STT STATE STREET CORPFinancials96.0K$12.1M0.6%-50.0%
JPM JPMORGAN CHASE & COFinancials41.0K$12.1M0.6%-50.0%
WFC WELLS FARGO & COFinancials150.0K$11.9M0.6%-50.0%
BNY BANK OF NEW YORK MELLON CORPFinancials100.0K$11.9M0.6%-50.0%
TOL TOLL BROTHERS INCIndustrials80.5K$11.0M0.5%-50.0%
MSCI MSCI INCServices media20.0K$10.8M0.5%-50.0%
CAT CATERPILLAR INCIndustrials15.0K$10.6M0.5%-50.0%
AVGO BROADCOM INCTechnology33.7K$10.4M0.5%-50.0%
DAL DELTA AIR LINES INCIndustrials150.0K$10.0M0.5%-50.0%
VCTR VICTORY CAPITAL HOLDING - AFinancials149.1K$9.8M0.5%-50.0%
URI UNITED RENTALS INCServices media13.0K$9.5M0.5%-40.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ARESTATEMENTMay 18, 2026491$2.05B canonicalSEC ↗
Q1 202613F-HRMay 15, 2026489$1.91B SEC ↗
Q4 202513F-HRFeb 17, 2026555$2.25B canonicalSEC ↗
Q4 202513F-HR/ANEW HOLDINGSFeb 17, 2026555$2.25B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025576$2.24B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025602$2.10B canonicalSEC ↗
Q1 202513F-HRMay 15, 2025575$1.67B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025545$1.93B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024598$2.00B canonicalSEC ↗
Q2 202413F-HRAug 14, 2024570$1.74B canonicalSEC ↗
Q1 202413F-HRMay 15, 2024556$1.79B canonicalSEC ↗