RB Capital Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), RB Capital Management, LLC reported 181 stock positions worth $452.1 million. Its top holding was Apple (AAPL) at 15.0% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.9%) and Nvidia (NVDA, 4.4%). Compared with Q4 2025, it opened 6 new positions, sold out of 14, added to 79 and reduced 83. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +16%) and the biggest sale Microsoft (MSFT, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- RENO, NV
- CIK
- 0001695582
- Portfolio Value
- $452.1M (Q1 2026)
- SEC Filing
- 0001695582-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 181 stocks · $452.1M
| AAPL Apple Inc. | 15.02% | 267,607 | $67.9M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.87% | 45,898 | $22.0M | Add +0.3% |
| NVDA Nvidia Corp. | 4.41% | 114,241 | $19.9M | Add +3.5% |
| COST Costco Wholesale Corp. | 3.65% | 16,540 | $16.5M | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 3.30% | 52,064 | $14.9M | Reduce -1.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.71% | 18,816 | $12.2M | Add +15.9% |
| MSFT Microsoft Corp. | 2.29% | 27,970 | $10.4M | Reduce -2.4% |
| AMZN Amazon.com Inc. | 2.16% | 46,978 | $9.8M | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 2.08% | 32,663 | $9.4M | Reduce -4.3% |
| AVGO Broadcom Inc. | 2.07% | 30,287 | $9.4M | Add +0.0% |
| META Meta Platforms Inc. Class A | 2.03% | 16,046 | $9.2M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 1.90% | 29,259 | $8.6M | Add +3.0% |
| V Visa Inc. Class A | 1.87% | 27,996 | $8.5M | Add +1.8% |
| JAAA Janus Henderson Aaa Clo ETF | 1.73% | 155,130 | $7.8M | Add +5.4% |
| CAT Caterpillar Inc. | 1.47% | 9,361 | $6.6M | Reduce -9.0% |
| CVX Chevron Corp. | 1.46% | 31,948 | $6.6M | Reduce -1.0% |
| AMGN Amgen Inc. | 1.25% | 16,083 | $5.7M | Reduce -1.2% |
| ABT Abbott Laboratories | 1.17% | 51,428 | $5.3M | Add +0.3% |
| MA Mastercard Inc. Class A | 1.15% | 10,369 | $5.2M | Add +1.4% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.07% | 47,363 | $4.8M | Add +0.3% |
| WMT Walmart Inc. | 1.06% | 38,521 | $4.8M | Add +0.4% |
| PEP Pepsico Inc. | 1.04% | 30,293 | $4.7M | Reduce -1.7% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 1.02% | 180,951 | $4.6M | Add +2.5% |
| ADX Adams Diversified Equity | 1.01% | 207,076 | $4.6M | Reduce -0.7% |
| SBUX Starbucks Corp. | 1.00% | 50,422 | $4.5M | Reduce -0.3% |
| LLY Eli Lilly & Co. | 0.98% | 4,820 | $4.4M | Add +4.7% |
| XOM Exxon Mobil Corp. | 0.95% | 25,289 | $4.3M | Add +1.4% |
| NFLX Netflix Inc. | 0.88% | 41,423 | $4.0M | Add +2.4% |
| VGIT Vanguard Intermediate-Term T | 0.86% | 65,525 | $3.9M | Reduce -6.9% |
| WM Waste Management Inc. | 0.86% | 16,945 | $3.9M | Add +0.6% |
| GS Goldman Sachs Group Inc. | 0.85% | 4,531 | $3.8M | Add +0.4% |
| CRM Salesforce Inc. | 0.83% | 20,149 | $3.8M | Reduce -3.2% |
| AXP American Express Co. | 0.76% | 11,347 | $3.4M | Add +6.0% |
| ABBV Abbvie Inc. | 0.72% | 14,916 | $3.2M | Add +1.2% |
| HD Home Depot Inc. | 0.64% | 8,799 | $2.9M | Reduce -5.4% |
| RVT Royce Small-Cap Trust Inc. | 0.63% | 170,896 | $2.8M | Add +0.2% |
| LMT Lockheed Martin Corp. | 0.62% | 4,624 | $2.8M | Reduce -0.3% |
| DFAC Dimensional US Core Equity 2 | 0.61% | 70,425 | $2.7M | Add +1.5% |
| NOC Northrop Grumman Corp. | 0.59% | 3,924 | $2.7M | Reduce -1.4% |
| VOO Vanguard S&P 500 ETF | 0.59% | 4,438 | $2.7M | Reduce -8.7% |
| KO The Coca-Cola Co. | 0.56% | 33,275 | $2.5M | Reduce -5.2% |
| JNJ Johnson & Johnson | 0.55% | 10,115 | $2.5M | Reduce -1.8% |
| AZO AutoZone Inc. | 0.51% | 683 | $2.3M | Add +0.3% |
| BLK BlackRock Inc. | 0.50% | 2,340 | $2.3M | Add +3.0% |
| IWM iShares Russell 2000 ETF | 0.49% | 8,917 | $2.2M | Reduce -0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.49% | 45,230 | $2.2M | Add +1.7% |
| URI United Rentals Inc. | 0.48% | 2,989 | $2.2M | Reduce -0.4% |
| ZM Zoom Communications Inc. | 0.48% | 26,897 | $2.2M | Add +6.2% |
| CTAS Cintas Corp. | 0.47% | 12,463 | $2.1M | Reduce -7.1% |
| FTNT Fortinet Inc. | 0.46% | 25,450 | $2.1M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 21,398 | $2.1M | Reduce -1.6% |
| NKE Nike Inc. Class B | 0.45% | 38,836 | $2.1M | Reduce -6.0% |
| MCD McDonald's Corp. | 0.44% | 6,346 | $2.0M | Reduce -2.1% |
| UBER Uber Technologies Inc. | 0.44% | 27,390 | $2.0M | Add +0.7% |
| TY Tri-Continental Corp. | 0.43% | 60,974 | $1.9M | Reduce -4.0% |
| PM Philip Morris International | 0.40% | 11,020 | $1.8M | Add +0.6% |
| GE General Electric filed as GE AEROSPACE | 0.40% | 6,308 | $1.8M | Add +8.3% |
| GNRC Generac Holdings Inc. | 0.38% | 8,741 | $1.7M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.37% | 11,729 | $1.7M | Reduce -4.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.36% | 2,813 | $1.6M | Add +10.2% |
| RTX RTX Corp. | 0.35% | 8,170 | $1.6M | Reduce -0.9% |
| YUM Yum! Brands Inc. | 0.35% | 10,059 | $1.6M | Reduce -1.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.33% | 12,709 | $1.5M | Add +21.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.33% | 9,282 | $1.5M | Add +1.5% |
| GEV GE Vernova Inc. | 0.32% | 1,644 | $1.4M | Add +5.5% |
| BKNG Booking Holdings Inc. | 0.32% | 340 | $1.4M | Add +9.7% |
| HCA HCA Healthcare Inc. | 0.31% | 2,972 | $1.4M | Reduce -1.6% |
| GLD SPDR Gold Shares | 0.31% | 3,243 | $1.4M | Add +4.2% |
| DE Deere & Co. | 0.31% | 2,464 | $1.4M | Reduce -0.7% |
| CBOE Cboe Global Markets Inc. | 0.30% | 4,880 | $1.4M | Add +0.1% |
| ROL Rollins Inc. | 0.30% | 24,986 | $1.3M | Reduce -0.3% |
| DFIV Dimensional International Va | 0.29% | 24,957 | $1.3M | Add +7.2% |
| HSY The Hershey Co. | 0.29% | 6,286 | $1.3M | Add +0.7% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.27% | 43,966 | $1.2M | Reduce -13.0% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.26% | 34,386 | $1.2M | Add +0.9% |
| PANW Palo Alto Networks Inc. | 0.25% | 7,184 | $1.2M | Reduce -1.3% |
| PLTR Palantir Technologies Inc. Class A | 0.25% | 7,822 | $1.1M | Add +3.0% |
| ORCL Oracle Corp. | 0.25% | 7,581 | $1.1M | Reduce -0.0% |
| AVB Avalonbay Communities Inc. | 0.25% | 6,803 | $1.1M | Reduce -7.2% |
| DISV Dimensional International SM | 0.24% | 27,261 | $1.1M | Add +29.6% |
| AZN Astrazeneca PLC | 0.23% | 5,380 | $1.1M | Add +0.7% |
| TSLA Tesla Inc. | 0.23% | 2,807 | $1.0M | Add +1.0% |
| PSA Public Storage | 0.23% | 3,809 | $1.0M | Reduce -3.3% |
| O Realty Income Corp. | 0.22% | 16,109 | $986K | Reduce -1.0% |
| WFC Wells Fargo & Co. | 0.21% | 11,899 | $947K | Reduce -8.0% |
| JMBS Janus Henderson Mortg Backed | 0.21% | 20,590 | $930K | New |
| AMAT Applied Materials Inc. | 0.20% | 2,705 | $925K | Reduce -2.5% |
| SNA Snap-on Inc. | 0.19% | 2,374 | $862K | Reduce -3.6% |
| ORLY O'reilly Automotive Inc. | 0.19% | 9,127 | $843K | Add +2.3% |
| WPC WP Carey Inc. | 0.18% | 12,276 | $834K | Reduce -1.9% |
| ISRG Intuitive Surgical Inc. | 0.18% | 1,802 | $831K | Add +6.7% |
| CSX CSX Corp. | 0.18% | 20,030 | $822K | Reduce -1.0% |
| BCX BlackRock Resources & Commod | 0.18% | 67,533 | $814K | Add +8.6% |
| USA Liberty All Star Equity Fund | 0.18% | 142,076 | $793K | Reduce -3.0% |
| LULU Lululemon Athletica Inc. | 0.18% | 5,175 | $792K | Reduce -9.4% |
| EMR Emerson Electric Co. | 0.17% | 5,935 | $778K | Add +0.4% |
| CME Cme Group Inc. | 0.17% | 2,593 | $766K | Add +3.4% |
| MDLZ Mondelez International Inc. Class A | 0.17% | 12,962 | $747K | Reduce -5.2% |
| DFEM Dimensional Emrg MRKT Core | 0.16% | 21,339 | $737K | Add +14.6% |
| ICE Intercontinental Exchange Inc. | 0.16% | 4,660 | $733K | Add +0.3% |
Options reported separately and not counted above: QBTS calls ($433K).
Other holdings (5): bonds, preferreds, convertibles and warrants · $18.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 8,246 | $9.5M | Add +1.3% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 7,058 | $8.4M | Add +1.5% |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 14,000 | $269K | Reduce -1.4% |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 10,000 | $10K | No change |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 10,000 | $9K | No change |
Total filed on the 13F, all lines: $470.3M.
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -2.4% | 2.29% | −0.64 |
| AAPL Apple Inc. | Reduce -0.9% | 15.02% | −0.47 |
| QBTS D-Wave Quantum Inc. | Sold out | 0.00% | −0.44 |
| INTU Intuit Inc. | Reduce -65.0% | 0.11% | −0.34 |
| CRM Salesforce Inc. | Reduce -3.2% | 0.83% | −0.33 |
| GOOG Alphabet Inc. Class C | Reduce -1.9% | 3.30% | −0.21 |
| GOOGL Alphabet Inc. Class A | Reduce -4.3% | 2.08% | −0.18 |
| ADBE Adobe Inc. | Reduce -28.6% | 0.16% | −0.15 |
| NKE Nike Inc. Class B | Reduce -6.0% | 0.45% | −0.10 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.09 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −0.08 |
| LULU Lululemon Athletica Inc. | Reduce -9.4% | 0.18% | −0.08 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.07 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.07 |
| CTAS Cintas Corp. | Reduce -7.1% | 0.47% | −0.07 |
| DIS The Walt Disney Co. | Reduce -1.6% | 0.46% | −0.07 |
| ORCL Oracle Corp. | Reduce -0.0% | 0.25% | −0.07 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -8.7% | 0.59% | −0.06 |
| C Citigroup Inc. | Sold out | 0.00% | −0.05 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.05 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.05 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.05 |
| USB US Bancorp | Sold out | 0.00% | −0.04 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.04 |
| WFC Wells Fargo & Co. | Reduce -8.0% | 0.21% | −0.04 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.04 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.04 |
| BX Blackstone Inc. | Reduce -14.5% | 0.08% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -17.5% | 0.09% | −0.04 |
| HD Home Depot Inc. | Reduce -5.4% | 0.64% | −0.04 |
| AVB Avalonbay Communities Inc. | Reduce -7.2% | 0.25% | −0.03 |
| VICI Vici Properties Inc. | Reduce -13.0% | 0.27% | −0.03 |
| URI United Rentals Inc. | Reduce -0.4% | 0.48% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -1.3% | 0.25% | −0.03 |
| VGIT Vanguard Intermediate-Term T | Reduce -6.9% | 0.86% | −0.03 |
| ROL Rollins Inc. | Reduce -0.3% | 0.30% | −0.02 |
| USA Liberty All Star Equity Fund | Reduce -3.0% | 0.18% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -24.6% | 0.06% | −0.02 |
| XRNPX Cohen & Steers REIT and Pref | Reduce -23.4% | 0.07% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -27.8% | 0.09% | −0.01 |
| VMRK Vivmark Residential | Reduce -5.8% | 0.16% | −0.01 |
| ADX Adams Diversified Equity | Reduce -0.7% | 1.01% | −0.01 |
| TY Tri-Continental Corp. | Reduce -4.0% | 0.43% | −0.01 |
| F Ford Motor Co. | Reduce -11.1% | 0.05% | −0.01 |
| ELS Equity Lifestyle Properties | Reduce -20.3% | 0.07% | −0.01 |
| GEHC GE Healthcare Technology | Reduce -2.2% | 0.07% | −0.01 |
| RACE Ferrari NV | Reduce -7.5% | 0.06% | −0.01 |
| AMT American Tower Corp. | Reduce -8.3% | 0.14% | −0.01 |
| ESS Essex Property Trust Inc. | Reduce -2.3% | 0.12% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | Add +15.9% | 2.71% | +0.37 |
| XOM Exxon Mobil Corp. | Add +1.4% | 0.95% | +0.32 |
| IRM Iron Mountain Inc. | Add +0.3% | 1.07% | +0.24 |
| JMBS Janus Henderson Mortg Backed | New | 0.21% | +0.21 |
| JAAA Janus Henderson Aaa Clo ETF | Add +5.4% | 1.73% | +0.16 |
| WMT Walmart Inc. | Add +0.4% | 1.06% | +0.16 |
| BSVO EA Bridgeway Omni Sm-Cp Val | Add +2.5% | 1.02% | +0.15 |
| GEV GE Vernova Inc. | Add +5.5% | 0.32% | +0.10 |
| NFLX Netflix Inc. | Add +2.4% | 0.88% | +0.08 |
| WM Waste Management Inc. | Add +0.6% | 0.86% | +0.08 |
| BNY Bank of New York Mellon Corp. | Add +21.4% | 0.33% | +0.08 |
| DISV Dimensional International SM | Add +29.6% | 0.24% | +0.07 |
| SCHO Schwab Short-Term US Treas | New | 0.07% | +0.07 |
| NVDA Nvidia Corp. | Add +3.5% | 4.41% | +0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.06% | +0.06 |
| HSY The Hershey Co. | Add +0.7% | 0.29% | +0.05 |
| EIX Edison International | New | 0.05% | +0.05 |
| KIM Kimco Realty Corp. | New | 0.05% | +0.05 |
| GLD SPDR Gold Shares | Add +4.2% | 0.31% | +0.05 |
| RVT Royce Small-Cap Trust Inc. | Add +0.2% | 0.63% | +0.05 |
| SRE Sempra | New | 0.05% | +0.05 |
| DFIV Dimensional International Va | Add +7.2% | 0.29% | +0.05 |
| CBOE Cboe Global Markets Inc. | Add +0.1% | 0.30% | +0.05 |
| BCX BlackRock Resources & Commod | Add +8.6% | 0.18% | +0.04 |
| DFEM Dimensional Emrg MRKT Core | Add +14.6% | 0.16% | +0.03 |
| PM Philip Morris International | Add +0.6% | 0.40% | +0.03 |
| TJX TJX Companies Inc. | Add +1.5% | 0.33% | +0.03 |
| EQIX Equinix Inc. | Add +0.4% | 0.11% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +10.2% | 0.36% | +0.03 |
| AZN Astrazeneca PLC | Add +0.7% | 0.23% | +0.03 |
| DFAC Dimensional US Core Equity 2 | Add +1.5% | 0.61% | +0.03 |
| CME Cme Group Inc. | Add +3.4% | 0.17% | +0.02 |
| DFLV Dim US Large Cap Value ETF | Add +19.8% | 0.10% | +0.02 |
| AZO AutoZone Inc. | Add +0.3% | 0.51% | +0.02 |
| DUK Duke Energy Corp. | Add +2.3% | 0.14% | +0.02 |
| IGV iShares Expanded Tech-Softwa | Add +61.9% | 0.09% | +0.02 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +15.6% | 0.15% | +0.02 |
| GE General Electric | Add +8.3% | 0.40% | +0.02 |
| ZM Zoom Communications Inc. | Add +6.2% | 0.48% | +0.02 |
| ETN Eaton Corp. PLC | Add +0.4% | 0.11% | +0.02 |
| SO The Southern Co. | Add +0.8% | 0.10% | +0.01 |
| ORLY O'reilly Automotive Inc. | Add +2.3% | 0.19% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 4.87% | +0.01 |
| DFAX Dimensional World Ex US Core | Add +1.2% | 0.13% | +0.01 |
| PFE Pfizer Inc. | Add +2.6% | 0.06% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +0.4% | 0.85% | +0.01 |
| GRMN Garmin Ltd. | Add +0.4% | 0.06% | +0.01 |
| SLV iShares Silver Trust | Add +0.8% | 0.09% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.3% | 0.15% | +0.01 |
| CMI Cummins Inc. | Add +0.3% | 0.08% | +0.01 |
Options Activity Q4 2025 → Q1 2026
| AAPL Apple Inc. | put | Sold out | 30,000 | $8.2Mbefore exit |
| QBTS D-Wave Quantum Inc. | put | Sold out | 80,000 | $2.1Mbefore exit |
| SGMT Sagimet Biosciences Inc. Class A | put | Sold out | 80,000 | $474Kbefore exit |
| QBTS D-Wave Quantum Inc. | call | New | 30,000 | $433K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +1.3% | 8,246 | $9.5M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +1.5% | 7,058 | $8.4M |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | Reduce -1.4% | 14,000 | $269K |
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 |