RB Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), RB Capital Management, LLC reported 177 stock positions worth $355.8 million. Its top holding was Apple (AAPL) at 14.7% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 5.1%) and Costco Wholesale (COST, 3.6%). Compared with Q4 2023, it opened 8 new positions, sold out of 3, added to 101 and reduced 60. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +4%) and the biggest sale Lululemon Athletica (LULU, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- RENO, NV
- CIK
- 0001695582
- Portfolio Value
- $355.8M (Q1 2024)
- SEC Filing
- 0001095449-24-000039 ↗ filed May 13, 2024
Holdings Value
Holdings 177 stocks · $355.8M
| AAPL Apple Inc. | 14.73% | 305,619 | $52.4M | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.10% | 43,195 | $18.2M | Add +3.8% |
| COST Costco Wholesale Corp. | 3.62% | 17,598 | $12.9M | Add +1.5% |
| NVDA Nvidia Corp. | 3.27% | 12,896 | $11.7M | Reduce -9.1% |
| MSFT Microsoft Corp. | 2.93% | 24,763 | $10.4M | Add +5.3% |
| GOOG Alphabet Inc. Class C | 2.44% | 57,122 | $8.7M | Reduce -3.2% |
| AMZN Amazon.com Inc. | 2.22% | 43,816 | $7.9M | Add +5.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.20% | 14,962 | $7.8M | Add +0.6% |
| META Meta Platforms Inc. Class A | 2.04% | 14,981 | $7.3M | Reduce -1.8% |
| V Visa Inc. Class A | 2.02% | 25,723 | $7.2M | Add +2.8% |
| SBUX Starbucks Corp. | 1.83% | 71,348 | $6.5M | Add +0.2% |
| CRM Salesforce Inc. | 1.80% | 21,237 | $6.4M | Add +1.0% |
| PEP Pepsico Inc. | 1.65% | 33,482 | $5.9M | Add +4.6% |
| NKE Nike Inc. Class B | 1.56% | 59,089 | $5.6M | Add +2.9% |
| ABT Abbott Laboratories | 1.46% | 45,847 | $5.2M | Reduce -5.7% |
| JPM JPMorgan Chase & Co. | 1.43% | 25,320 | $5.1M | Add +6.0% |
| GOOGL Alphabet Inc. Class A | 1.32% | 31,197 | $4.7M | Add +4.8% |
| MA Mastercard Inc. Class A | 1.22% | 8,980 | $4.3M | Add +2.9% |
| CVX Chevron Corp. | 1.16% | 26,265 | $4.1M | Add +7.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.15% | 33,533 | $4.1M | Reduce -1.5% |
| AMGN Amgen Inc. | 1.13% | 14,153 | $4.0M | Add +2.7% |
| AVGO Broadcom Inc. | 1.10% | 2,956 | $3.9M | Reduce -0.3% |
| WM Waste Management Inc. | 1.06% | 17,648 | $3.8M | Add +1.0% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.04% | 45,962 | $3.7M | Add +3.1% |
| HD Home Depot Inc. | 1.02% | 9,472 | $3.6M | Add +4.0% |
| ADX Adams Diversified Equity | 1.00% | 182,418 | $3.6M | Reduce -0.1% |
| CAT Caterpillar Inc. | 0.98% | 9,477 | $3.5M | Add +2.1% |
| VGIT Vanguard Intermediate-Term T | 0.95% | 57,578 | $3.4M | Add +10.5% |
| LULU Lululemon Athletica Inc. | 0.91% | 8,256 | $3.2M | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.88% | 50,934 | $3.1M | Add +1.2% |
| IWM iShares Russell 2000 ETF | 0.87% | 14,749 | $3.1M | Add +0.8% |
| CTAS Cintas Corp. | 0.84% | 4,332 | $3.0M | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 0.74% | 5,292 | $2.6M | Add +4.0% |
| ABBV Abbvie Inc. | 0.72% | 14,051 | $2.6M | Add +4.5% |
| ADBE Adobe Inc. | 0.69% | 4,885 | $2.5M | Add +2.8% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 0.66% | 110,273 | $2.3M | Add +2.0% |
| RVT Royce Small-Cap Trust Inc. | 0.65% | 152,925 | $2.3M | Reduce -4.6% |
| JNJ Johnson & Johnson | 0.62% | 14,053 | $2.2M | Reduce -0.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.62% | 17,164 | $2.2M | Add +25.9% |
| PG The Procter & Gamble Co. | 0.61% | 13,415 | $2.2M | Add +0.6% |
| XOM Exxon Mobil Corp. | 0.60% | 18,400 | $2.1M | Add +23.4% |
| LLY Eli Lilly & Co. | 0.60% | 2,729 | $2.1M | Add +9.8% |
| INTU Intuit Inc. | 0.59% | 3,252 | $2.1M | Add +1.2% |
| AZO AutoZone Inc. | 0.59% | 668 | $2.1M | Add +4.7% |
| WMT Walmart Inc. | 0.55% | 32,768 | $2.0M | Add +10.4% |
| DFAC Dimensional US Core Equity 2 | 0.55% | 61,091 | $2.0M | Reduce -0.2% |
| FTNT Fortinet Inc. | 0.55% | 28,500 | $1.9M | Reduce -1.0% |
| MCD McDonald's Corp. | 0.54% | 6,785 | $1.9M | Add +5.5% |
| LMT Lockheed Martin Corp. | 0.53% | 4,172 | $1.9M | Add +5.0% |
| URI United Rentals Inc. | 0.51% | 2,498 | $1.8M | Add +7.7% |
| TY Tri-Continental Corp. | 0.50% | 57,681 | $1.8M | Reduce -4.7% |
| NOC Northrop Grumman Corp. | 0.49% | 3,680 | $1.8M | Add +5.0% |
| MDLZ Mondelez International Inc. Class A | 0.48% | 24,560 | $1.7M | Add +2.2% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.47% | 56,680 | $1.7M | Add +10.9% |
| AMT American Tower Corp. | 0.47% | 8,405 | $1.7M | Add +1.0% |
| JAAA Janus Henderson Aaa Clo ETF | 0.47% | 32,697 | $1.7M | Add +290.6% |
| GS Goldman Sachs Group Inc. | 0.46% | 3,919 | $1.6M | Add +1.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.45% | 42,393 | $1.6M | Reduce -0.0% |
| CCI Crown Castle Inc. | 0.44% | 14,685 | $1.6M | Reduce -0.8% |
| YUM Yum! Brands Inc. | 0.40% | 10,239 | $1.4M | Add +9.1% |
| AVB Avalonbay Communities Inc. | 0.40% | 7,647 | $1.4M | Add +2.1% |
| HSY The Hershey Co. | 0.36% | 6,539 | $1.3M | Add +0.7% |
| PSA Public Storage | 0.34% | 4,160 | $1.2M | Add +5.0% |
| PM Philip Morris International | 0.33% | 12,759 | $1.2M | Reduce -0.8% |
| ROL Rollins Inc. | 0.33% | 25,114 | $1.2M | Add +1.1% |
| GNRC Generac Holdings Inc. | 0.33% | 9,196 | $1.2M | Reduce -1.8% |
| AXP American Express Co. | 0.31% | 4,917 | $1.1M | Add +8.0% |
| O Realty Income Corp. | 0.31% | 20,589 | $1.1M | Reduce -1.6% |
| WPC WP Carey Inc. | 0.30% | 19,150 | $1.1M | Reduce -5.0% |
| TXN Texas Instruments Inc. | 0.29% | 5,951 | $1.0M | Add +0.4% |
| NFLX Netflix Inc. | 0.29% | 1,689 | $1.0M | Reduce -17.7% |
| USA Liberty All Star Equity Fund | 0.28% | 140,010 | $1.0M | Add +11.6% |
| HCA HCA Healthcare Inc. | 0.28% | 2,947 | $983K | Add +6.5% |
| MSCI MSCI Inc. | 0.27% | 1,698 | $952K | Add +1.6% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.26% | 14,680 | $926K | Reduce -3.3% |
| MRK Merck & Co. Inc. | 0.26% | 7,020 | $926K | Add +7.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.26% | 2,083 | $925K | Reduce -0.1% |
| SWK Stanley Black & Decker Inc. | 0.26% | 9,271 | $908K | Add +25.7% |
| MGM MGM Resorts International | 0.25% | 19,105 | $902K | Add +12.1% |
| VOO Vanguard S&P 500 ETF | 0.25% | 1,849 | $889K | Add +6.6% |
| DE Deere & Co. | 0.25% | 2,142 | $880K | Add +9.0% |
| NOW ServiceNow Inc. | 0.25% | 1,151 | $878K | Add +0.7% |
| SNA Snap-on Inc. | 0.25% | 2,949 | $873K | Add +0.3% |
| AZN Astrazeneca PLC-Spons ADR | 0.23% | 12,219 | $828K | Add +0.0% |
| PLD Prologis Inc. | 0.23% | 6,352 | $827K | Add +2.5% |
| ORCL Oracle Corp. | 0.23% | 6,499 | $816K | Add +1.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.23% | 8,038 | $815K | Add +9.0% |
| RTX RTX Corp. | 0.22% | 8,165 | $796K | Reduce -1.1% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.21% | 5,711 | $734K | Reduce -1.3% |
| PANW Palo Alto Networks Inc. | 0.21% | 2,570 | $730K | Add +1.1% |
| TSLA Tesla Inc. | 0.20% | 4,111 | $723K | Reduce -6.0% |
| VZ Verizon Communications Inc. | 0.20% | 17,148 | $720K | Reduce -1.4% |
| EMR Emerson Electric Co. | 0.19% | 6,086 | $690K | Add +7.5% |
| HON Honeywell International Inc. | 0.19% | 3,321 | $682K | Reduce -1.8% |
| ISRG Intuitive Surgical Inc. | 0.19% | 1,682 | $671K | Add +3.4% |
| ICE Intercontinental Exchange Inc. | 0.19% | 4,823 | $663K | Reduce -5.8% |
| ESS Essex Property Trust Inc. | 0.18% | 2,633 | $644K | Reduce -2.5% |
| CBOE Cboe Global Markets Inc. | 0.18% | 3,449 | $634K | Add +58.9% |
| DECK Deckers Outdoor Corp. | 0.17% | 652 | $614K | Add +17.3% |
| DLR Digital Realty Trust Inc. | 0.17% | 4,252 | $612K | Add +2.4% |
Options reported separately and not counted above: AAPL puts ($6.9M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $18.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 8,145 | $9.9M | Add +0.1% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 6,722 | $8.0M | Add +0.4% |
Total filed on the 13F, all lines: $373.8M.
Portfolio Sells Q4 2023 → Q1 2024
| LULU Lululemon Athletica Inc. | Reduce -0.7% | 0.91% | −0.39 |
| ABT Abbott Laboratories | Reduce -5.7% | 1.46% | −0.17 |
| TSLA Tesla Inc. | Reduce -6.0% | 0.20% | −0.13 |
| WPC WP Carey Inc. | Reduce -5.0% | 0.30% | −0.10 |
| GOOG Alphabet Inc. Class C | Reduce -3.2% | 2.44% | −0.09 |
| BROS Dutch Bros Inc. Class A | Sold out | 0.00% | −0.09 |
| CCI Crown Castle Inc. | Reduce -0.8% | 0.44% | −0.08 |
| KIM Kimco Realty Corp. | Sold out | 0.00% | −0.06 |
| RVT Royce Small-Cap Trust Inc. | Reduce -4.6% | 0.65% | −0.06 |
| O Realty Income Corp. | Reduce -1.6% | 0.31% | −0.05 |
| XRNPX Cohen & Steers REIT and Pref | Reduce -20.9% | 0.17% | −0.05 |
| JNJ Johnson & Johnson | Reduce -0.0% | 0.62% | −0.05 |
| GNRC Generac Holdings Inc. | Reduce -1.8% | 0.33% | −0.04 |
| PM Philip Morris International | Reduce -0.8% | 0.33% | −0.04 |
| INTC Intel Corp. | Reduce -1.3% | 0.15% | −0.04 |
| TY Tri-Continental Corp. | Reduce -4.7% | 0.50% | −0.03 |
| ELS Equity Lifestyle Properties | Reduce -2.9% | 0.15% | −0.03 |
| SUI Sun Communities Inc. | Reduce -1.3% | 0.21% | −0.03 |
| HON Honeywell International Inc. | Reduce -1.8% | 0.19% | −0.03 |
| ESS Essex Property Trust Inc. | Reduce -2.5% | 0.18% | −0.02 |
| VMRK Vivmark Residential | Reduce -3.3% | 0.26% | −0.02 |
| PREDICTIVE ONCOLOGY INC | Sold out | 0.00% | −0.02 |
| UPS United Parcel Service Class B | Reduce -0.9% | 0.13% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -20.4% | 0.07% | −0.02 |
| ED Consolidated Edison Inc. | Reduce -11.1% | 0.08% | −0.02 |
| NFLX Netflix Inc. | Reduce -17.7% | 0.29% | −0.02 |
| HPQ HP Inc. | Reduce -9.1% | 0.09% | −0.02 |
| ICE Intercontinental Exchange Inc. | Reduce -5.8% | 0.19% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -0.4% | 0.14% | −0.01 |
| BCX BlackRock Resources & Commod | Reduce -1.9% | 0.17% | −0.01 |
| DUK Duke Energy Corp. | Reduce -0.0% | 0.15% | −0.01 |
| NAC Nuveen Ca QLTY Muni Inc. | Reduce -11.6% | 0.06% | −0.01 |
| BG Bunge Global SA | Reduce -10.8% | 0.06% | −0.01 |
| SO The Southern Co. | Reduce -3.1% | 0.10% | −0.01 |
| LEA Lear Corp. | Reduce -0.1% | 0.12% | −0.01 |
| DOW Dow Inc. | Reduce -2.4% | 0.12% | −0.01 |
| VCV Invesco Ca Val Muni Inc. TR | Reduce -10.4% | 0.03% | −0.01 |
| FRT Federal Realty Invs Trust | Reduce -0.1% | 0.06% | −0.01 |
| IGV iShares Expanded Tech-Softwa | Reduce -2.8% | 0.08% | −0.01 |
| A Agilent Technologies Inc. | Reduce -3.0% | 0.06% | −0.00 |
| EOD Allspring Global Dividend Op | Reduce -7.2% | 0.06% | −0.00 |
| LAMR Lamar Advertising Co. Class A | Reduce -8.4% | 0.06% | −0.00 |
| DFUV Dimensional US Marketwide Va | Reduce -2.6% | 0.11% | −0.00 |
| LYB Lyondellbasell Indu Class A | Reduce -0.0% | 0.13% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.1% | 0.26% | −0.00 |
| VGT Vanguard Info Tech ETF | Reduce -0.1% | 0.15% | −0.00 |
| IWF iShares Russell 1000 Growth | Reduce -2.4% | 0.08% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -1.4% | 0.20% | +0.00 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.2% | 0.55% | +0.00 |
| AMD Advanced Micro Devices | Reduce -4.9% | 0.07% | +0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.8% | 5.10% | +0.58 |
| JAAA Janus Henderson Aaa Clo ETF | Add +290.6% | 0.47% | +0.34 |
| AMZN Amazon.com Inc. | Add +5.8% | 2.22% | +0.30 |
| MSFT Microsoft Corp. | Add +5.3% | 2.93% | +0.23 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +25.9% | 0.62% | +0.19 |
| JPM JPMorgan Chase & Co. | Add +6.0% | 1.43% | +0.18 |
| LLY Eli Lilly & Co. | Add +9.8% | 0.60% | +0.15 |
| XOM Exxon Mobil Corp. | Add +23.4% | 0.60% | +0.15 |
| CAT Caterpillar Inc. | Add +2.1% | 0.98% | +0.14 |
| COST Costco Wholesale Corp. | Add +1.5% | 3.62% | +0.13 |
| UBER Uber Technologies Inc. | New | 0.13% | +0.13 |
| CRM Salesforce Inc. | Add +1.0% | 1.80% | +0.11 |
| WM Waste Management Inc. | Add +1.0% | 1.06% | +0.10 |
| URI United Rentals Inc. | Add +7.7% | 0.51% | +0.10 |
| IVV iShares Core S&P 500 ETF | New | 0.09% | +0.09 |
| AZO AutoZone Inc. | Add +4.7% | 0.59% | +0.09 |
| IRM Iron Mountain Inc. | Add +3.1% | 1.04% | +0.08 |
| ABBV Abbvie Inc. | Add +4.5% | 0.72% | +0.08 |
| MA Mastercard Inc. Class A | Add +2.9% | 1.22% | +0.08 |
| WMT Walmart Inc. | Add +10.4% | 0.55% | +0.08 |
| GEHC GE Healthcare Technology | New | 0.07% | +0.07 |
| CB Chubb Ltd. | New | 0.07% | +0.07 |
| FANG Diamondback Energy Inc. | New | 0.06% | +0.06 |
| CBOE Cboe Global Markets Inc. | Add +58.9% | 0.18% | +0.06 |
| DECK Deckers Outdoor Corp. | Add +17.3% | 0.17% | +0.06 |
| DISV Dimensional International SM | New | 0.06% | +0.06 |
| RACE Ferrari NV | New | 0.06% | +0.06 |
| HD Home Depot Inc. | Add +4.0% | 1.02% | +0.06 |
| DPZ Domino's Pizza Inc. | New | 0.06% | +0.06 |
| AXP American Express Co. | Add +8.0% | 0.31% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +4.8% | 1.32% | +0.05 |
| CVX Chevron Corp. | Add +7.3% | 1.16% | +0.05 |
| HCA HCA Healthcare Inc. | Add +6.5% | 0.28% | +0.05 |
| MRK Merck & Co. Inc. | Add +7.1% | 0.26% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.6% | 2.20% | +0.04 |
| CMG Chipotle Mexican Grill Inc. | Add +29.6% | 0.11% | +0.04 |
| USA Liberty All Star Equity Fund | Add +11.6% | 0.28% | +0.04 |
| SWK Stanley Black & Decker Inc. | Add +25.7% | 0.26% | +0.03 |
| WFC Wells Fargo & Co. | Add +17.3% | 0.16% | +0.03 |
| PFE Pfizer Inc. | Add +55.8% | 0.10% | +0.03 |
| V Visa Inc. Class A | Add +2.8% | 2.02% | +0.03 |
| DFIV Dimensional International Va | Add +23.3% | 0.15% | +0.03 |
| EMR Emerson Electric Co. | Add +7.5% | 0.19% | +0.03 |
| YUM Yum! Brands Inc. | Add +9.1% | 0.40% | +0.02 |
| ETN Eaton Corp. PLC | Add +3.9% | 0.13% | +0.02 |
| ORCL Oracle Corp. | Add +1.8% | 0.23% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +3.4% | 0.19% | +0.02 |
| MGM MGM Resorts International | Add +12.1% | 0.25% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +6.6% | 0.25% | +0.02 |
| TJX TJX Companies Inc. | Add +9.0% | 0.23% | +0.02 |
Options Activity Q4 2023 → Q1 2024
| AAPL Apple Inc. | put | Add +100.0% | 40,000 | $6.9M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +0.1% | 8,145 | $9.9M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +0.4% | 6,722 | $8.0M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 196 | $492.7M | AAPL, BRK.B, NVDA, GOOG, COST |
| Q1 2026 | 181 | $452.1M | AAPL, BRK.B, NVDA, COST, GOOG |
| Q4 2025 | 189 | $473.9M | AAPL, BRK.B, NVDA, GOOG, COST |
| Q3 2025 | 182 | $460.3M | AAPL, BRK.B, NVDA, COST, MSFT |
| Q2 2025 | 174 | $423.6M | AAPL, BRK.B, NVDA, COST, MSFT |
| Q1 2025 | 173 | $393.0M | AAPL, BRK.B, COST, NVDA, MSFT |
| Q4 2024 | 184 | $409.8M | AAPL, BRK.B, COST, NVDA, MSFT |
| Q3 2024 | 181 | $405.1M | AAPL, BRK.B, COST, NVDA, MSFT |
| Q2 2024 | 173 | $374.2M | AAPL, BRK.B, NVDA, COST, MSFT |
| Q1 2024 | 177 | $355.8M | AAPL, BRK.B, COST, NVDA, MSFT |