RB Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), RB Capital Management, LLC reported 173 stock positions worth $374.2 million. Its top holding was Apple (AAPL) at 17.2% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.8%) and Nvidia (NVDA, 4.0%). Compared with Q1 2024, it opened 2 new positions, sold out of 6, added to 82 and reduced 78. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale Starbucks (SBUX, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- RENO, NV
- CIK
- 0001695582
- Portfolio Value
- $374.2M (Q2 2024)
- SEC Filing
- 0001095449-24-000062 ↗ filed Aug 14, 2024
Holdings Value
Holdings 173 stocks · $374.2M
| AAPL Apple Inc. | 17.22% | 305,976 | $64.4M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.78% | 43,977 | $17.9M | Add +1.8% |
| NVDA Nvidia Corp. | 4.04% | 122,301 | $15.1M | Reduce -5.2% |
| COST Costco Wholesale Corp. | 3.95% | 17,395 | $14.8M | Reduce -1.1% |
| MSFT Microsoft Corp. | 3.01% | 25,201 | $11.3M | Add +1.8% |
| GOOG Alphabet Inc. Class C | 2.82% | 57,460 | $10.5M | Add +0.6% |
| AMZN Amazon.com Inc. | 2.31% | 44,804 | $8.7M | Add +2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.17% | 14,894 | $8.1M | Reduce -0.5% |
| META Meta Platforms Inc. Class A | 1.97% | 14,588 | $7.4M | Reduce -2.6% |
| V Visa Inc. Class A | 1.82% | 25,982 | $6.8M | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 1.53% | 31,516 | $5.7M | Add +1.0% |
| JAAA Janus Henderson Aaa Clo ETF | 1.53% | 112,273 | $5.7M | Add +243.4% |
| PEP Pepsico Inc. | 1.47% | 33,392 | $5.5M | Reduce -0.3% |
| CRM Salesforce Inc. | 1.46% | 21,225 | $5.5M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 1.37% | 25,377 | $5.1M | Add +0.2% |
| SBUX Starbucks Corp. | 1.30% | 62,579 | $4.9M | Reduce -12.3% |
| AVGO Broadcom Inc. | 1.27% | 2,961 | $4.8M | Add +0.2% |
| ABT Abbott Laboratories | 1.23% | 44,266 | $4.6M | Reduce -3.5% |
| AMGN Amgen Inc. | 1.22% | 14,600 | $4.6M | Add +3.2% |
| NKE Nike Inc. Class B | 1.15% | 56,864 | $4.3M | Reduce -3.8% |
| CVX Chevron Corp. | 1.14% | 27,262 | $4.3M | Add +3.8% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.12% | 46,663 | $4.2M | Add +1.5% |
| MA Mastercard Inc. Class A | 1.07% | 9,067 | $4.0M | Add +1.0% |
| ADX Adams Diversified Equity | 1.06% | 185,245 | $4.0M | Add +1.6% |
| WM Waste Management Inc. | 1.00% | 17,527 | $3.7M | Reduce -0.7% |
| VGIT Vanguard Intermediate-Term T | 0.90% | 57,545 | $3.4M | Reduce -0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.88% | 33,245 | $3.3M | Reduce -0.9% |
| HD Home Depot Inc. | 0.88% | 9,535 | $3.3M | Add +0.7% |
| CAT Caterpillar Inc. | 0.84% | 9,414 | $3.1M | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.83% | 48,699 | $3.1M | Reduce -4.4% |
| IWM iShares Russell 2000 ETF | 0.80% | 14,790 | $3.0M | Add +0.3% |
| CTAS Cintas Corp. | 0.79% | 4,243 | $3.0M | Reduce -2.0% |
| ADBE Adobe Inc. | 0.73% | 4,928 | $2.7M | Add +0.9% |
| UNH Unitedhealth Group Inc. | 0.73% | 5,359 | $2.7M | Add +1.3% |
| LLY Eli Lilly & Co. | 0.72% | 2,967 | $2.7M | Add +8.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.71% | 18,672 | $2.7M | Add +8.8% |
| LULU Lululemon Athletica Inc. | 0.67% | 8,366 | $2.5M | Add +1.3% |
| XOM Exxon Mobil Corp. | 0.67% | 21,649 | $2.5M | Add +17.7% |
| ABBV Abbvie Inc. | 0.65% | 14,113 | $2.4M | Add +0.4% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 0.61% | 112,549 | $2.3M | Add +2.1% |
| WMT Walmart Inc. | 0.61% | 33,689 | $2.3M | Add +2.8% |
| RVT Royce Small-Cap Trust Inc. | 0.60% | 156,068 | $2.3M | Add +2.1% |
| PG The Procter & Gamble Co. | 0.58% | 13,073 | $2.2M | Reduce -2.5% |
| INTU Intuit Inc. | 0.55% | 3,151 | $2.1M | Reduce -3.1% |
| AZO AutoZone Inc. | 0.55% | 691 | $2.0M | Add +3.4% |
| DFAC Dimensional US Core Equity 2 | 0.53% | 61,710 | $2.0M | Add +1.0% |
| LMT Lockheed Martin Corp. | 0.53% | 4,241 | $2.0M | Add +1.6% |
| JNJ Johnson & Johnson | 0.50% | 12,877 | $1.9M | Reduce -8.4% |
| TY Tri-Continental Corp. | 0.48% | 57,506 | $1.8M | Reduce -0.3% |
| GS Goldman Sachs Group Inc. | 0.47% | 3,927 | $1.8M | Add +0.2% |
| FTNT Fortinet Inc. | 0.46% | 28,600 | $1.7M | Add +0.3% |
| MCD McDonald's Corp. | 0.46% | 6,696 | $1.7M | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.45% | 42,424 | $1.7M | Add +0.1% |
| URI United Rentals Inc. | 0.45% | 2,598 | $1.7M | Add +4.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.44% | 57,184 | $1.6M | Add +0.9% |
| NOC Northrop Grumman Corp. | 0.43% | 3,682 | $1.6M | Add +0.1% |
| AVB Avalonbay Communities Inc. | 0.42% | 7,630 | $1.6M | Reduce -0.2% |
| MDLZ Mondelez International Inc. Class A | 0.41% | 23,689 | $1.6M | Reduce -3.5% |
| YUM Yum! Brands Inc. | 0.37% | 10,338 | $1.4M | Add +1.0% |
| PM Philip Morris International | 0.33% | 12,303 | $1.2M | Reduce -3.6% |
| ROL Rollins Inc. | 0.33% | 25,051 | $1.2M | Reduce -0.3% |
| AMT American Tower Corp. | 0.32% | 6,243 | $1.2M | Reduce -25.7% |
| AXP American Express Co. | 0.32% | 5,216 | $1.2M | Add +6.1% |
| GNRC Generac Holdings Inc. | 0.32% | 9,093 | $1.2M | Reduce -1.1% |
| PSA Public Storage | 0.32% | 4,148 | $1.2M | Reduce -0.3% |
| HSY The Hershey Co. | 0.32% | 6,484 | $1.2M | Reduce -0.8% |
| TXN Texas Instruments Inc. | 0.31% | 5,991 | $1.2M | Add +0.7% |
| NFLX Netflix Inc. | 0.30% | 1,689 | $1.1M | No change |
| O Realty Income Corp. | 0.27% | 19,284 | $1.0M | Reduce -6.3% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.27% | 14,344 | $995K | Reduce -2.3% |
| AZN Astrazeneca PLC-Spons ADR | 0.26% | 12,454 | $971K | Add +1.9% |
| USA Liberty All Star Equity Fund | 0.25% | 139,575 | $949K | Reduce -0.3% |
| NOW ServiceNow Inc. | 0.25% | 1,201 | $945K | Add +4.3% |
| HCA HCA Healthcare Inc. | 0.25% | 2,931 | $942K | Reduce -0.5% |
| WPC WP Carey Inc. | 0.25% | 16,821 | $926K | Reduce -12.2% |
| ORCL Oracle Corp. | 0.24% | 6,491 | $917K | Reduce -0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 1,897 | $909K | Reduce -8.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 8,159 | $898K | Add +1.5% |
| MGM MGM Resorts International | 0.23% | 19,200 | $853K | Add +0.5% |
| PANW Palo Alto Networks Inc. | 0.22% | 2,456 | $833K | Reduce -4.4% |
| CCI Crown Castle Inc. | 0.22% | 8,460 | $827K | Reduce -42.4% |
| RTX RTX Corp. | 0.22% | 8,204 | $824K | Add +0.5% |
| MSCI MSCI Inc. | 0.22% | 1,693 | $816K | Reduce -0.3% |
| DE Deere & Co. | 0.22% | 2,156 | $805K | Add +0.7% |
| MRK Merck & Co. Inc. | 0.21% | 6,267 | $776K | Reduce -10.7% |
| SNA Snap-on Inc. | 0.21% | 2,967 | $776K | Add +0.6% |
| SWK Stanley Black & Decker Inc. | 0.20% | 9,561 | $764K | Add +3.1% |
| TSLA Tesla Inc. | 0.20% | 3,757 | $743K | Reduce -8.6% |
| ISRG Intuitive Surgical Inc. | 0.19% | 1,632 | $726K | Reduce -3.0% |
| CMG Chipotle Mexican Grill Inc. | 0.19% | 11,450 | $717K | Add +63.6% |
| VZ Verizon Communications Inc. | 0.19% | 17,086 | $705K | Reduce -0.4% |
| HON Honeywell International Inc. | 0.19% | 3,283 | $701K | Reduce -1.1% |
| ESS Essex Property Trust Inc. | 0.19% | 2,563 | $698K | Reduce -2.7% |
| PLD Prologis Inc. | 0.18% | 6,159 | $692K | Reduce -3.0% |
| DECK Deckers Outdoor Corp. | 0.18% | 698 | $676K | Add +7.1% |
| VOO Vanguard S&P 500 ETF | 0.18% | 1,349 | $675K | Reduce -27.0% |
| EMR Emerson Electric Co. | 0.18% | 6,112 | $673K | Add +0.4% |
| ICE Intercontinental Exchange Inc. | 0.18% | 4,842 | $663K | Add +0.4% |
| DLR Digital Realty Trust Inc. | 0.18% | 4,336 | $659K | Add +2.0% |
| CBOE Cboe Global Markets Inc. | 0.17% | 3,839 | $653K | Add +11.3% |
Options reported separately and not counted above: AAPL puts ($10.5M), NVDA puts ($3.6M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $17.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 7,964 | $9.5M | Reduce -2.2% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 6,556 | $7.8M | Reduce -2.5% |
Total filed on the 13F, all lines: $391.5M.
Portfolio Sells Q1 2024 → Q2 2024
| SBUX Starbucks Corp. | Reduce -12.3% | 1.30% | −0.53 |
| NKE Nike Inc. Class B | Reduce -3.8% | 1.15% | −0.42 |
| CRM Salesforce Inc. | Reduce -0.1% | 1.46% | −0.34 |
| DIS The Walt Disney Co. | Reduce -0.9% | 0.88% | −0.27 |
| ABT Abbott Laboratories | Reduce -3.5% | 1.23% | −0.24 |
| CCI Crown Castle Inc. | Reduce -42.4% | 0.22% | −0.22 |
| PEP Pepsico Inc. | Reduce -0.3% | 1.47% | −0.17 |
| AMT American Tower Corp. | Reduce -25.7% | 0.32% | −0.14 |
| CAT Caterpillar Inc. | Reduce -0.7% | 0.84% | −0.14 |
| JNJ Johnson & Johnson | Reduce -8.4% | 0.50% | −0.12 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.09 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.08 |
| MCD McDonald's Corp. | Reduce -1.3% | 0.46% | −0.08 |
| META Meta Platforms Inc. Class A | Reduce -2.6% | 1.97% | −0.08 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.07 |
| SUI Sun Communities Inc. | Reduce -27.1% | 0.13% | −0.07 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.07 |
| VOO Vanguard S&P 500 ETF | Reduce -27.0% | 0.18% | −0.07 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.5% | 0.41% | −0.07 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.06 |
| WM Waste Management Inc. | Reduce -0.7% | 1.00% | −0.06 |
| RACE Ferrari NV | Sold out | 0.00% | −0.06 |
| INTC Intel Corp. | Reduce -5.9% | 0.10% | −0.06 |
| WPC WP Carey Inc. | Reduce -12.2% | 0.25% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -10.7% | 0.21% | −0.05 |
| VGIT Vanguard Intermediate-Term T | Reduce -0.1% | 0.90% | −0.05 |
| MSCI MSCI Inc. | Reduce -0.3% | 0.22% | −0.05 |
| PLD Prologis Inc. | Reduce -3.0% | 0.18% | −0.05 |
| KO The Coca-Cola Co. | Reduce -4.4% | 0.83% | −0.05 |
| UPS United Parcel Service Class B | Reduce -24.5% | 0.09% | −0.04 |
| CTAS Cintas Corp. | Reduce -2.0% | 0.79% | −0.04 |
| O Realty Income Corp. | Reduce -6.3% | 0.27% | −0.04 |
| INTU Intuit Inc. | Reduce -3.1% | 0.55% | −0.04 |
| LEA Lear Corp. | Reduce -9.3% | 0.08% | −0.04 |
| HSY The Hershey Co. | Reduce -0.8% | 0.32% | −0.04 |
| MMM 3M Co. | Reduce -31.1% | 0.06% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -2.5% | 0.58% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.5% | 2.17% | −0.03 |
| USA Liberty All Star Equity Fund | Reduce -0.3% | 0.25% | −0.03 |
| LYB Lyondellbasell Indu Class A | Reduce -11.3% | 0.10% | −0.03 |
| TGT Target Corp. | Reduce -1.4% | 0.09% | −0.03 |
| HCA HCA Healthcare Inc. | Reduce -0.5% | 0.25% | −0.02 |
| TY Tri-Continental Corp. | Reduce -0.3% | 0.48% | −0.02 |
| CME Cme Group Inc. | Reduce -3.3% | 0.12% | −0.02 |
| XRNPX Cohen & Steers REIT and Pref | Reduce -5.8% | 0.14% | −0.02 |
| BA The Boeing Co. | Reduce -8.3% | 0.09% | −0.02 |
| PSA Public Storage | Reduce -0.3% | 0.32% | −0.02 |
| DFUV Dimensional US Marketwide Va | Reduce -8.7% | 0.09% | −0.02 |
| F Ford Motor Co. | Reduce -6.0% | 0.10% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -1.0% | 0.10% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +0.1% | 17.22% | +2.50 |
| JAAA Janus Henderson Aaa Clo ETF | Add +243.4% | 1.53% | +1.06 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 2.82% | +0.37 |
| GOOGL Alphabet Inc. Class A | Add +1.0% | 1.53% | +0.21 |
| AVGO Broadcom Inc. | Add +0.2% | 1.27% | +0.17 |
| LLY Eli Lilly & Co. | Add +8.7% | 0.72% | +0.12 |
| AMZN Amazon.com Inc. | Add +2.3% | 2.31% | +0.09 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +8.8% | 0.71% | +0.09 |
| AMGN Amgen Inc. | Add +3.2% | 1.22% | +0.09 |
| MSFT Microsoft Corp. | Add +1.8% | 3.01% | +0.08 |
| IRM Iron Mountain Inc. | Add +1.5% | 1.12% | +0.08 |
| CMG Chipotle Mexican Grill Inc. | Add +63.6% | 0.19% | +0.08 |
| ONON On Holding AG Class A | New | 0.07% | +0.07 |
| XOM Exxon Mobil Corp. | Add +17.7% | 0.67% | +0.07 |
| ADX Adams Diversified Equity | Add +1.6% | 1.06% | +0.06 |
| WMT Walmart Inc. | Add +2.8% | 0.61% | +0.06 |
| TMDX Transmedics Group Inc. | New | 0.06% | +0.06 |
| ADBE Adobe Inc. | Add +0.9% | 0.73% | +0.04 |
| UBER Uber Technologies Inc. | Add +38.5% | 0.16% | +0.03 |
| AZN Astrazeneca PLC-Spons ADR | Add +1.9% | 0.26% | +0.03 |
| TXN Texas Instruments Inc. | Add +0.7% | 0.31% | +0.02 |
| GEHC GE Healthcare Technology | Add +50.7% | 0.09% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +0.2% | 0.47% | +0.01 |
| DFIV Dimensional International Va | Add +17.4% | 0.16% | +0.01 |
| TJX TJX Companies Inc. | Add +1.5% | 0.24% | +0.01 |
| AMAT Applied Materials Inc. | Add +0.1% | 0.12% | +0.01 |
| AXP American Express Co. | Add +6.1% | 0.32% | +0.01 |
| DECK Deckers Outdoor Corp. | Add +7.1% | 0.18% | +0.01 |
| NOW ServiceNow Inc. | Add +4.3% | 0.25% | +0.01 |
| SOXX iShares Semiconductor ETF | Add +0.1% | 0.12% | +0.00 |
| DLR Digital Realty Trust Inc. | Add +2.0% | 0.18% | +0.00 |
| IWF iShares Russell 1000 Growth | Add +0.1% | 0.08% | +0.00 |
| CB Chubb Ltd. | Add +7.9% | 0.07% | +0.00 |
| NAC Nuveen Ca QLTY Muni Inc. | Add +1.2% | 0.06% | +0.00 |
| VCV Invesco Ca Val Muni Inc. TR | Add +1.4% | 0.03% | +0.00 |
| DISV Dimensional International SM | Add +5.5% | 0.06% | −0.00 |
| BG Bunge Global SA | Add +0.1% | 0.06% | −0.00 |
| BAC Bank of America Corp. | Add +0.1% | 0.45% | −0.00 |
| BNY Bank of New York Mellon Corp. | Add +0.0% | 0.13% | −0.00 |
| BCX BlackRock Resources & Commod | Add +2.5% | 0.16% | −0.00 |
| LAMR Lamar Advertising Co. Class A | Add +0.8% | 0.06% | −0.00 |
| MUC BlackRock Munihold Ca QLTY | Add +1.3% | 0.09% | −0.00 |
| NCA Nuveen California Muni Val | Add +0.4% | 0.03% | −0.00 |
| DHR Danaher Corp. | Add +0.1% | 0.06% | −0.00 |
| CBOE Cboe Global Markets Inc. | Add +11.3% | 0.17% | −0.00 |
| RTX RTX Corp. | Add +0.5% | 0.22% | −0.00 |
| LMT Lockheed Martin Corp. | Add +1.6% | 0.53% | −0.00 |
| ETN Eaton Corp. PLC | Add +1.1% | 0.12% | −0.00 |
| ED Consolidated Edison Inc. | Add +0.3% | 0.07% | −0.00 |
| RFI Cohen & Steers Tot Ret RLTY | Add +0.6% | 0.08% | −0.01 |
Options Activity Q1 2024 → Q2 2024
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -2.2% | 7,964 | $9.5M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.5% | 6,556 | $7.8M |
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 |