RBF Capital, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), RBF Capital, LLC reported 506 stock positions worth $2.4 billion. Its top holding was Morgan Stanley (MS) at 7.1% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 4.6%) and AppLovin Class A (APP, 2.5%). Compared with Q1 2026, it opened 39 new positions, sold out of 21, added to 26 and reduced 60. The biggest buy was a new position in Frontdoor (FTDR) and the biggest sale an exit from Thermon (THR).

Most Recent 13F
Q2 2026
Location
RENO, NV
CIK
0001134621
Portfolio Value
$2.4B (Q2 2026)
SEC Filing
0001062993-26-004385 ↗ filed Aug 14, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.8B Q1 2024 Q2 2024: $1.7B Q2 2024 Q3 2024: $2.0B Q3 2024 Q4 2024: $1.9B Q4 2024 Q1 2025: $1.6B Q1 2025 Q2 2025: $2.0B Q2 2025 Q3 2025: $2.2B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.4B $2.4B Q2 2026

Holdings 506 stocks · $2.4B
MS Morgan Stanley 7.10% 810,432 $169.4M No change
SPY SS SPDR S&P 500 ETF Trust-US 4.58% 146,300 $109.3M No change
APP AppLovin Corp. Class A 2.48% 114,955 $59.2M No change
META Meta Platforms Inc. Class A 2.48% 105,000 $59.1M No change
BRK.A Berkshire Hathaway Inc. Class A 2.38% 76 $56.9M No change
DAC Danaos Corp. 2.14% 418,015 $51.2M No change
BAC Bank of America Corp. 1.81% 760,000 $43.3M No change
GOOG Alphabet Inc. Class C 1.78% 120,000 $42.4M No change
AAPL Apple Inc. 1.46% 120,000 $34.7M No change
MA Mastercard Inc. Class A 1.41% 65,500 $33.6M No change
V Visa Inc. Class A 1.37% 95,000 $32.6M No change
HCA HCA Healthcare Inc. 1.23% 75,000 $29.2M No change
MOD Modine Manufacturing Co. 1.12% 100,000 $26.7M No change
LINC Lincoln Educational Services 1.04% 499,070 $24.9M No change
WLFC Willis Lease Finance Corp. 1.03% 107,711 $24.6M No change
FICO Fair Isaac Corp. 1.00% 20,000 $23.9M No change
GS Goldman Sachs Group Inc. 0.97% 23,000 $23.3M No change
BLDR Builders Firstsource Inc. 0.97% 258,702 $23.1M No change
UNH Unitedhealth Group Inc. 0.96% 55,000 $22.9M No change
SPGI S&P Global Inc. 0.85% 50,000 $20.4M No change
UTI Universal Technical Institut 0.85% 475,840 $20.4M No change
URI United Rentals Inc. 0.83% 17,500 $19.8M Add +34.6%
ENTG Entegris Inc. 0.83% 110,000 $19.8M No change
NBIS Nebius Group NV 0.81% 70,000 $19.3M No change
ET Energy Transfer LP 0.80% 1,000,000 $19.1M No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.79% 214,574 $18.9M No change
BKD Brookdale Senior Living Inc. 0.78% 1,160,000 $18.7M No change
MSFT Microsoft Corp. 0.78% 50,000 $18.7M No change
GOOGL Alphabet Inc. Class A 0.75% 50,000 $17.9M No change
THC Tenet Healthcare Corp. 0.73% 93,237 $17.4M No change
OPY Oppenheimer Holdings Class A 0.72% 163,771 $17.3M No change
UBS UBS Group AG-Reg 0.71% 340,000 $16.9M No change
AMZN Amazon.com Inc. 0.70% 70,000 $16.7M Add +7.7%
UBER Uber Technologies Inc. 0.69% 228,000 $16.5M No change
GSL Global Ship Lease Inc. Class A 0.69% 437,463 $16.4M No change
STT State Street Corp. 0.68% 96,000 $16.3M No change
CAT Caterpillar Inc. 0.67% 15,000 $16.0M No change
JLL Jones Lang Lasalle Inc. 0.65% 50,000 $15.5M No change
PEP Pepsico Inc. 0.61% 108,400 $14.7M No change
TPR Tapestry Inc. 0.61% 100,000 $14.6M No change
WLDN Willdan Group Inc. 0.61% 184,600 $14.6M No change
BNY Bank of New York Mellon Corp. 0.61% 100,000 $14.5M No change
DAL Delta Air Lines Inc. 0.59% 150,000 $14.0M No change
COF Capital One Financial Corp. 0.58% 68,916 $13.8M Reduce -5.1%
JPM JPMorgan Chase & Co. 0.56% 41,000 $13.4M No change
VSTS Vestis Corp. 0.56% 920,000 $13.4M Add +4.8%
TOL Toll Brothers Inc. 0.56% 80,500 $13.3M No change
OSCR Oscar Health Inc. Class A 0.54% 449,604 $12.8M No change
AVGO Broadcom Inc. 0.53% 33,730 $12.7M No change
ASC Ardmore Shipping Corp. 0.53% 901,880 $12.6M No change
VCTR Victory Capital Holding - A 0.53% 149,063 $12.5M No change
MHK Mohawk Industries Inc. 0.52% 102,200 $12.4M Add +127.1%
WFC Wells Fargo & Co. 0.52% 150,000 $12.4M No change
MAN Manpowergroup Inc. 0.51% 361,175 $12.2M Reduce -24.0%
WMT Walmart Inc. 0.49% 102,822 $11.6M No change
MSCI MSCI Inc. 0.47% 20,000 $11.2M No change
IESC Ies Holdings Inc. 0.46% 15,000 $11.0M No change
UAL United Airlines Holdings Inc. 0.46% 80,000 $10.9M No change
BCS Barclays PLC-Spons ADR 0.45% 400,000 $10.7M No change
AIG American International Group 0.44% 141,173 $10.5M Add +41.2%
SPNT Siriuspoint Ltd. 0.42% 416,943 $10.0M No change
STC Stewart Information Services 0.40% 145,540 $9.6M No change
CNO Cno Financial Group Inc. 0.40% 185,034 $9.4M No change
BGC BGC Group Inc. Class A 0.39% 880,325 $9.4M No change
VIPS Vipshop Holdings Ltd. - ADR 0.39% 700,000 $9.3M No change
AXP American Express Co. 0.38% 27,000 $9.1M Add +17.4%
FTDR Frontdoor Inc. 0.37% 115,000 $8.9M New
PSX Phillips 66 0.35% 50,000 $8.5M No change
SAP Sap SE-Sponsored ADR 0.35% 54,677 $8.4M New
CECO Ceco Environmental Corp. 0.35% 92,820 $8.4M Add +2280.0%
FISV Fiserv Inc. 0.35% 170,200 $8.3M Add +751.0%
ATRO Astronics Corp. 0.34% 100,372 $8.2M No change
VSH Vishay Intertechnology Inc. 0.34% 150,000 $8.1M No change
NVDA Nvidia Corp. 0.34% 40,000 $8.0M No change
OPLN Openlane Inc. 0.34% 194,000 $8.0M Reduce -1.5%
LPG Dorian LPG Ltd. 0.32% 219,406 $7.6M No change
JBI Janus International Group Inc. 0.32% 1,367,194 $7.6M Reduce -2.5%
MMYT Makemytrip Ltd. 0.31% 140,500 $7.5M Reduce -35.1%
MDY State Street SPDR S&P Midcap 0.29% 10,000 $7.0M No change
SLGN Silgan Holdings Inc. 0.29% 150,990 $7.0M Reduce -5.4%
DHC Diversified Healthcare Trust 0.29% 750,000 $7.0M Reduce -22.4%
PHM Pultegroup Inc. 0.29% 50,000 $6.9M No change
GBTC Grayscale Bitcoin Trust ETF 0.29% 150,000 $6.8M No change
MHO M/I Homes Inc. 0.28% 41,700 $6.7M No change
BKNG Booking Holdings Inc. 0.28% 37,500 $6.7M No change
FLEX Flex Ltd. 0.27% 40,000 $6.5M No change
ARW Arrow Electronics Inc. 0.27% 30,000 $6.4M No change
BKR Baker Hughes Co. 0.27% 115,000 $6.4M Reduce -4.2%
RNR Renaissancere Holdings Ltd. 0.27% 20,000 $6.3M No change
WCC Wesco International Inc. 0.26% 18,000 $6.2M No change
AMCR Amcor PLC 0.25% 139,500 $6.0M Add +4.3%
NGS Natural Gas Services Group 0.25% 140,000 $6.0M No change
CROX Crocs Inc. 0.25% 50,000 $6.0M No change
HBAN Huntington Bancshares Inc. 0.25% 339,596 $6.0M No change
XPO Xpo Inc. 0.25% 29,000 $6.0M No change
GBLI Global Indemnity Group LLC-A 0.25% 233,978 $5.9M Add +9.0%
LEG Leggett & Platt Inc. 0.25% 500,000 $5.9M No change
BLK BlackRock Inc. 0.24% 6,000 $5.8M No change
KO The Coca-Cola Co. 0.24% 70,000 $5.7M No change
RDN Radian Group Inc. 0.24% 150,000 $5.7M Add +7.1%

Show all 506 holdings

Options reported separately and not counted above: BRK.B puts ($12.5M), QQQ puts ($3.7M), CAR puts ($2.5M), TSLA puts ($1.7M), MSTR puts ($869K).

Portfolio Sells Q1 2026 → Q2 2026
THR Thermon Group Holdings Inc. Sold out 0.00% −0.37
PCG P G & E Corp. Reduce -62.5% 0.11% −0.24
MAN Manpowergroup Inc. Reduce -24.0% 0.51% −0.18
SON Sonoco Products Co. Sold out 0.00% −0.16
CSGS CSG Systems Intl Inc. Sold out 0.00% −0.12
BKR Baker Hughes Co. Reduce -4.2% 0.27% −0.09
SVIX -1X Short Vix Futures ETF Sold out 0.00% −0.09
MMYT Makemytrip Ltd. Reduce -35.1% 0.31% −0.08
FONR Fonar Corp. Sold out 0.00% −0.08
CE Celanese Corp. Sold out 0.00% −0.08
COF Capital One Financial Corp. Reduce -5.1% 0.58% −0.07
CVGI Commercial Vehicle Group Inc. Reduce -68.4% 0.04% −0.07
CPB The Campbell's Company Sold out 0.00% −0.07
NBR Nabors Industries Ltd. Sold out 0.00% −0.06
CVEO Civeo Corp. Reduce -81.8% 0.01% −0.06
FCN Fti Consulting Inc. Reduce -55.6% 0.03% −0.05
PRGO Perrigo Co. PLC Reduce -44.4% 0.04% −0.05
MLCO Melco Resorts & Entert-ADR Reduce -7.7% 0.13% −0.05
CC The Chemours Co. Reduce -18.0% 0.09% −0.05
REI Ring Energy Inc. Reduce -44.9% 0.02% −0.05
LYEL Lyell Immunopharma Inc. Sold out 0.00% −0.04
CWH Camping World Holdings Inc. Class A Reduce -54.5% 0.03% −0.04
RLMD Relmada Therapeutics Inc. Sold out 0.00% −0.04
LKQ LKQ Corp. Reduce -5.0% 0.10% −0.04
TAYD Taylor Devices Inc. Sold out 0.00% −0.04
JBI Janus International Group Inc. Reduce -2.5% 0.32% −0.04
HUBG Hub Group Inc. Class A Sold out 0.00% −0.03
BMNR Bitmine Immersion Technologi Reduce -40.0% 0.02% −0.03
XRAY Dentsply Sirona Inc. Reduce -2.4% 0.09% −0.03
CARS Cars.com Inc. Reduce -71.0% 0.01% −0.03
MBC Masterbrand Inc. Reduce -49.9% 0.03% −0.03
MTCH Match Group Inc. Reduce -28.6% 0.08% −0.03
WNC Wabash National Corp. Sold out 0.00% −0.03
RL Ralph Lauren Corp. Reduce -12.7% 0.17% −0.03
DHC Diversified Healthcare Trust Reduce -22.4% 0.29% −0.02
DNOW Dnow Inc. Sold out 0.00% −0.02
NWL Newell Brands Inc. Reduce -76.2% 0.01% −0.02
AP Ampco-Pittsburgh Corp. Sold out 0.00% −0.02
ABNB Airbnb Inc. Class A Reduce -5.4% 0.21% −0.02
DIS The Walt Disney Co. Sold out 0.00% −0.01
ECVT Ecovyst Inc. Reduce -31.4% 0.02% −0.01
SRI Stoneridge Inc. Reduce -75.0% 0.01% −0.01
FOSL Fossil Group Inc. Reduce -55.6% 0.01% −0.01
SLGN Silgan Holdings Inc. Reduce -5.4% 0.29% −0.01
CAR Avis Budget Group Inc. Reduce -35.9% 0.01% −0.01
DIBS 1STDIBS.COM Inc. Sold out 0.00% −0.01
KZR Kezar Life Sciences Inc. Sold out 0.00% −0.01
NYT New York Times Co. Class A Sold out 0.00% −0.01
BZH Beazer Homes USA Inc. Reduce -34.6% 0.04% −0.01
SSYS Stratasys Ltd. Reduce -28.7% 0.02% −0.01

Portfolio Buys Q1 2026 → Q2 2026
FTDR Frontdoor Inc. New 0.37% +0.37
URI United Rentals Inc. Add +34.6% 0.83% +0.37
SAP Sap SE-Sponsored ADR New 0.35% +0.35
CECO Ceco Environmental Corp. Add +2280.0% 0.35% +0.34
MHK Mohawk Industries Inc. Add +127.1% 0.52% +0.30
FISV Fiserv Inc. Add +751.0% 0.35% +0.29
W Wayfair Inc. Class A New 0.23% +0.23
VSTS Vestis Corp. Add +4.8% 0.56% +0.22
NTAP Netapp Inc. New 0.19% +0.19
CCC CCC Intelligent Solutions Ho New 0.18% +0.18
WDAY Workday Inc. Class A New 0.13% +0.13
DELL Dell Technologies -C Add +42.9% 0.18% +0.12
SUNB Sunbelt Rentals Holdings Inc. Add +100.0% 0.19% +0.09
OKTA Okta Inc. New 0.09% +0.09
SPCE Virgin Galactic Holdings Inc. New 0.07% +0.07
KHC The Kraft Heinz Co. New 0.07% +0.07
AIG American International Group Add +41.2% 0.44% +0.07
UFPI Ufp Industries Inc. New 0.07% +0.07
MPAA Motorcar Parts of America Inc. Add +20.4% 0.23% +0.07
MXCT Maxcyte Inc. New 0.07% +0.07
ARHS Arhaus Inc. New 0.06% +0.06
AIZ Assurant Inc. Add +166.7% 0.09% +0.06
ALLY Ally Financial Inc. Add +120.0% 0.11% +0.06
SUNS Sunrise Realty Trust Inc. New 0.05% +0.05
AVD American Vanguard Corp. New 0.05% +0.05
MED Medifast Inc. New 0.05% +0.05
FOA Finance of America Cos Inc. Class A Add +10.0% 0.12% +0.04
AXP American Express Co. Add +17.4% 0.38% +0.04
ARQ Arq Inc. New 0.04% +0.04
SPCX Space Exploration Techn Class A New 0.04% +0.04
AMZN Amazon.com Inc. Add +7.7% 0.70% +0.03
LNSR Lensar Inc. Add +314.4% 0.05% +0.03
VEEV Veeva Systems Inc. Class A New 0.03% +0.03
NRDY Nerdy Inc. New 0.03% +0.03
RDDT Reddit Inc. Class A New 0.03% +0.03
HAIN Hain Celestial Group Inc. New 0.03% +0.03
HFFG HF Foods Group Inc. New 0.03% +0.03
FOXF Fox Factory Holding Corp. Add +48.5% 0.11% +0.02
ZS Zscaler Inc. New 0.02% +0.02
ST Sensata Technologies Holdplc Add +15.0% 0.09% +0.02
CLPR Clipper Realty Inc. New 0.02% +0.02
GAIA Gaia Inc. New 0.02% +0.02
JYNT The Joint Corp. New 0.02% +0.02
DCGO Docgo Inc. New 0.01% +0.01
HOV Hovnanian Enterprises-A Add +50.0% 0.04% +0.01
AMN Amn Healthcare Services Inc. New 0.01% +0.01
NSIT Insight Enterprises Inc. New 0.01% +0.01
BOOM DMC Global Inc. New 0.01% +0.01
VRRM Verra Mobility Corp. New 0.01% +0.01
SNOW Snowflake Inc. New 0.01% +0.01

Options Activity Q1 2026 → Q2 2026
BRK.B Berkshire Hathaway Inc. Class B put Add +150.0% 25,000 $12.5M
QQQ Invesco QQQ Trust Series 1 put New 5,000 $3.7M
CAR Avis Budget Group Inc. put New 16,800 $2.5M
MS Morgan Stanley put Sold out 12,000 $2.0Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 506$2.4BMS, SPY, APP, META, BRK.A
Q1 2026Amended 487$2.0BMS, SPY, META, BRK.A, DAC
Q4 2025Amended 547$2.2BMS, SPY, APP, META, BRK.A
Q3 2025 569$2.2BMS, SPY, APP, META, BRK.A
Q2 2025 589$2.0BMS, SPY, META, BRK.A, APP
Q1 2025 558$1.6BBRK.A, META, FICO, MA, V
Q4 2024 536$1.9BMS, SPY, META, BRK.A, APP
Q3 2024 589$2.0BMS, SPY, META, BRK.A, BLDR
Q2 2024 561$1.7BSPY, MS, META, BRK.A, DAC
Q1 2024 547$1.8BSPY, MS, BLDR, META, BRK.A