RBF Capital, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), RBF Capital, LLC reported 561 stock positions worth $1.7 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 4.6% of the portfolio, followed by Morgan Stanley (MS, 4.6%) and Meta Platforms Class A (META, 3.1%). Compared with Q1 2024, it opened 51 new positions, sold out of 38, added to 16 and reduced 83. The biggest buy was James River Group Holdings I (JRVR, shares +185%) and the biggest sale an exit from Super Micro Computer (SMCI).
- Most Recent 13F
- Q2 2026
- Location
- RENO, NV
- CIK
- 0001134621
- Portfolio Value
- $1.7B (Q2 2024)
- SEC Filing
- 0001062993-24-015016 ↗ filed Aug 14, 2024
Holdings Value
Holdings 561 stocks · $1.7B
| SPY SS SPDR S&P 500 ETF Trust-US | 4.65% | 146,300 | $79.6M | No change |
| MS Morgan Stanley | 4.60% | 810,432 | $78.8M | No change |
| META Meta Platforms Inc. Class A | 3.09% | 105,000 | $52.9M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 2.72% | 76 | $46.5M | Reduce -1.3% |
| DAC Danaos Corp. | 2.25% | 418,015 | $38.6M | No change |
| BLDR Builders Firstsource Inc. | 2.09% | 258,702 | $35.8M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.76% | 760,000 | $30.2M | No change |
| FICO Fair Isaac Corp. | 1.74% | 20,000 | $29.8M | No change |
| MA Mastercard Inc. Class A | 1.69% | 65,500 | $28.9M | No change |
| UNH Unitedhealth Group Inc. | 1.63% | 55,000 | $28.0M | No change |
| AAPL Apple Inc. | 1.48% | 120,000 | $25.3M | No change |
| V Visa Inc. Class A | 1.46% | 95,000 | $24.9M | No change |
| HCA HCA Healthcare Inc. | 1.41% | 75,000 | $24.1M | No change |
| MSFT Microsoft Corp. | 1.30% | 50,000 | $22.3M | No change |
| SPGI S&P Global Inc. | 1.30% | 50,000 | $22.3M | No change |
| GOOG Alphabet Inc. Class C | 1.28% | 120,000 | $22.0M | No change |
| ASC Ardmore Shipping Corp. | 1.24% | 941,880 | $21.2M | No change |
| MMYT Makemytrip Ltd. | 1.08% | 219,222 | $18.4M | No change |
| PEP Pepsico Inc. | 1.04% | 108,400 | $17.9M | No change |
| ET Energy Transfer LP | 0.95% | 1,000,000 | $16.2M | No change |
| ENTG Entegris Inc. | 0.88% | 111,735 | $15.1M | No change |
| BKD Brookdale Senior Living Inc. | 0.84% | 2,098,176 | $14.3M | Reduce -16.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.80% | 214,574 | $13.7M | No change |
| GSL Global Ship Lease Inc. Class A | 0.77% | 460,463 | $13.3M | No change |
| THC Tenet Healthcare Corp. | 0.72% | 93,237 | $12.4M | Reduce -0.8% |
| UBER Uber Technologies Inc. | 0.67% | 158,900 | $11.5M | Reduce -38.1% |
| APP AppLovin Corp. Class A | 0.63% | 129,955 | $10.8M | No change |
| VIPS Vipshop Holdings Ltd. - ADR | 0.62% | 816,866 | $10.6M | No change |
| WMT Walmart Inc. | 0.61% | 155,322 | $10.5M | No change |
| GS Goldman Sachs Group Inc. | 0.61% | 23,000 | $10.4M | No change |
| URI United Rentals Inc. | 0.60% | 16,000 | $10.3M | Add +6.7% |
| JLL Jones Lang Lasalle Inc. | 0.60% | 50,000 | $10.3M | Reduce -7.4% |
| MOD Modine Manufacturing Co. | 0.58% | 100,000 | $10.0M | No change |
| MSCI MSCI Inc. | 0.56% | 20,000 | $9.6M | No change |
| UBS UBS Group AG-Reg | 0.56% | 325,000 | $9.6M | Reduce -4.4% |
| TOL Toll Brothers Inc. | 0.54% | 80,500 | $9.3M | No change |
| LPG Dorian LPG Ltd. | 0.54% | 219,406 | $9.2M | No change |
| GOOGL Alphabet Inc. Class A | 0.53% | 50,000 | $9.1M | No change |
| STC Stewart Information Services | 0.53% | 145,550 | $9.0M | No change |
| COF Capital One Financial Corp. | 0.52% | 64,700 | $9.0M | No change |
| WFC Wells Fargo & Co. | 0.52% | 150,000 | $8.9M | No change |
| STT State Street Corp. | 0.52% | 120,000 | $8.9M | No change |
| ROCK Gibraltar Industries Inc. | 0.49% | 123,099 | $8.4M | No change |
| JPM JPMorgan Chase & Co. | 0.48% | 41,000 | $8.3M | No change |
| OPY Oppenheimer Holdings Class A | 0.48% | 170,000 | $8.1M | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.47% | 150,000 | $8.0M | No change |
| JRVR James River Group Holdings I | 0.47% | 1,030,882 | $8.0M | Add +185.0% |
| UTI Universal Technical Institut | 0.46% | 501,185 | $7.9M | No change |
| VXUS Vanguard Total Intl Stock | 0.44% | 125,000 | $7.5M | Reduce -0.3% |
| WLFC Willis Lease Finance Corp. | 0.44% | 107,611 | $7.5M | No change |
| AIG American International Group | 0.43% | 100,000 | $7.4M | No change |
| NVDA Nvidia Corp. | 0.43% | 60,000 | $7.4M | No change |
| CROX Crocs Inc. | 0.43% | 50,000 | $7.3M | No change |
| DAL Delta Air Lines Inc. | 0.42% | 150,000 | $7.1M | No change |
| VCTR Victory Capital Holding - A | 0.42% | 149,063 | $7.1M | No change |
| OSCR Oscar Health Inc. Class A | 0.42% | 449,604 | $7.1M | No change |
| PSX Phillips 66 | 0.41% | 50,000 | $7.1M | No change |
| PCG P G & E Corp. | 0.41% | 400,000 | $7.0M | No change |
| GBLI Global Indemnity Group LLC-A | 0.39% | 216,141 | $6.7M | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.38% | 110,000 | $6.6M | No change |
| CC The Chemours Co. | 0.38% | 290,307 | $6.6M | No change |
| USPH U.S. Physical Therapy Inc. | 0.38% | 69,999 | $6.5M | No change |
| ARW Arrow Electronics Inc. | 0.36% | 50,500 | $6.1M | No change |
| BERY Berry Global Group Inc. | 0.35% | 102,147 | $6.0M | Reduce -16.4% |
| AEO American Eagle Outfitters | 0.35% | 300,000 | $6.0M | No change |
| BKNG Booking Holdings Inc. | 0.35% | 1,500 | $5.9M | No change |
| LINC Lincoln Educational Services | 0.35% | 499,070 | $5.9M | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.33% | 120,000 | $5.7M | Reduce -14.3% |
| MDLZ Mondelez International Inc. Class A | 0.33% | 86,000 | $5.6M | No change |
| ALLY Ally Financial Inc. | 0.32% | 140,000 | $5.6M | No change |
| PHM Pultegroup Inc. | 0.32% | 50,000 | $5.5M | No change |
| WLDN Willdan Group Inc. | 0.32% | 188,559 | $5.4M | No change |
| AVGO Broadcom Inc. | 0.32% | 3,373 | $5.4M | No change |
| DFAX Dimensional World Ex US Core | 0.31% | 211,400 | $5.4M | Reduce -4.5% |
| MDY State Street SPDR S&P Midcap | 0.31% | 10,000 | $5.4M | No change |
| AXP American Express Co. | 0.31% | 23,000 | $5.3M | No change |
| NWL Newell Brands Inc. | 0.30% | 813,981 | $5.2M | Reduce -5.8% |
| TFII Tfi International Inc. | 0.30% | 35,500 | $5.2M | No change |
| GSM Ferroglobe PLC | 0.30% | 960,352 | $5.1M | No change |
| CNO Cno Financial Group Inc. | 0.30% | 185,034 | $5.1M | No change |
| MHO M/I Homes Inc. | 0.30% | 41,700 | $5.1M | No change |
| SPNT Siriuspoint Ltd. | 0.30% | 416,943 | $5.1M | Reduce -3.5% |
| CAT Caterpillar Inc. | 0.29% | 15,000 | $5.0M | No change |
| JEF Jefferies Financial Group Inc. | 0.29% | 100,000 | $5.0M | No change |
| BKR Baker Hughes Co. | 0.29% | 140,000 | $4.9M | Reduce -12.5% |
| BCS Barclays PLC-Spons ADR | 0.28% | 450,000 | $4.8M | Reduce -2.2% |
| BLK BlackRock Finance Inc. | 0.28% | 6,000 | $4.7M | No change |
| LYV Live Nation Entertainment Inc. | 0.27% | 50,000 | $4.7M | No change |
| PARAA Paramount Global Class B | 0.27% | 445,648 | $4.6M | New |
| DFAI Dimensional International Co. | 0.27% | 155,000 | $4.6M | No change |
| HBAN Huntington Bancshares Inc. | 0.26% | 339,596 | $4.5M | No change |
| RNR Renaissancere Holdings Ltd. | 0.26% | 20,000 | $4.5M | No change |
| CNC Centene Corp. | 0.26% | 66,660 | $4.4M | No change |
| STNE Stoneco Ltd. Class A | 0.25% | 362,500 | $4.3M | Reduce -16.2% |
| TPR Tapestry Inc. | 0.25% | 100,000 | $4.3M | No change |
| MRSH Marsh & McLennan Cos | 0.25% | 20,000 | $4.2M | No change |
| DFIC Dimensional International Co. | 0.25% | 160,000 | $4.2M | Reduce -3.0% |
| PROSHARES TR | 0.24% | 505,413 | $4.2M | New |
| LKQ LKQ Corp. | 0.24% | 100,000 | $4.2M | No change |
| CDW CDW Corp. | 0.24% | 18,225 | $4.1M | No change |
Options reported separately and not counted above: TSLA puts ($19.8M), DJT puts ($2.7M), IOT puts ($1.7M), BIDU calls ($865K), NWL calls ($583K).
Other holdings (3): bonds, preferreds, convertibles and warrants · $1.1M (not counted above)
Total filed on the 13F, all lines: $1.7B.
Portfolio Sells Q1 2024 → Q2 2024
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.47 |
| UBER Uber Technologies Inc. | Reduce -38.1% | 0.67% | −0.44 |
| ORN Orion Group Holdings Inc. | Reduce -83.8% | 0.08% | −0.33 |
| BGC BGC Group Inc. Class A | Reduce -62.8% | 0.19% | −0.27 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.24 |
| SCX Starrett (l.s.) Co. Class A | Sold out | 0.00% | −0.19 |
| NNBR NN Inc. | Reduce -77.0% | 0.03% | −0.18 |
| BABA Alibaba Group Holding-SP ADR | Reduce -71.8% | 0.07% | −0.18 |
| M D C HLDGS INC | Sold out | 0.00% | −0.16 |
| MTRX Matrix Service Co. | Reduce -56.9% | 0.08% | −0.16 |
| STNE Stoneco Ltd. Class A | Reduce -16.2% | 0.25% | −0.15 |
| MPAA Motorcar Parts of America Inc. | Reduce -21.4% | 0.23% | −0.14 |
| RH RH | Sold out | 0.00% | −0.14 |
| DSKE Daseke Inc. | Sold out | 0.00% | −0.14 |
| FSTR Foster (lb) Co. Class A | Reduce -81.6% | 0.02% | −0.13 |
| FSP Franklin Street Properties C | Sold out | 0.00% | −0.13 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.12 |
| MCHI iShares MSCI China ETF | Sold out | 0.00% | −0.11 |
| TWIN Twin Disc Inc. | Sold out | 0.00% | −0.10 |
| BKD Brookdale Senior Living Inc. | Reduce -16.9% | 0.84% | −0.10 |
| SLB SLB Ltd. | Reduce -14.3% | 0.33% | −0.10 |
| BUR Burford Capital Ltd. | Reduce -84.4% | 0.01% | −0.10 |
| FREE Whole Earth Brands Inc. | Sold out | 0.00% | −0.09 |
| CVS CVS Health Corp. | Reduce -41.5% | 0.07% | −0.08 |
| SMID Smith-Midland Corp. | Reduce -2.7% | 0.12% | −0.08 |
| LCUT Lifetime Brands Inc. | Reduce -71.9% | 0.03% | −0.08 |
| TROX Tronox Holdings PLC | Sold out | 0.00% | −0.07 |
| FLXS Flexsteel Inds | Reduce -32.8% | 0.10% | −0.07 |
| GTM Zoominfo Technologies Inc. | Reduce -57.7% | 0.04% | −0.07 |
| ALB Albemarle Corp. | Sold out | 0.00% | −0.07 |
| LZ Legalzoomcom Inc. | Reduce -80.0% | 0.01% | −0.07 |
| BERY Berry Global Group Inc. | Reduce -16.4% | 0.35% | −0.06 |
| NWL Newell Brands Inc. | Reduce -5.8% | 0.30% | −0.06 |
| HPQ HP Inc. | Reduce -87.6% | 0.02% | −0.06 |
| TBLA Taboola.com Ltd. | Reduce -14.4% | 0.13% | −0.06 |
| LAB Standard Biotools Inc. | Reduce -77.2% | 0.01% | −0.06 |
| KMX Carmax Inc. | Reduce -50.0% | 0.04% | −0.06 |
| SCZ iShares MSCI Eafe Small-Cap | Sold out | 0.00% | −0.05 |
| AMBP Ardagh Metal Packaging SA | Reduce -75.5% | 0.02% | −0.05 |
| GTES Gates Industrial Corp. UK Ltd. | Sold out | 0.00% | −0.05 |
| BIDU Baidu Inc. - Spon ADR | Reduce -73.5% | 0.15% | −0.05 |
| LYFT LYFT Inc. Class A | Reduce -6.7% | 0.12% | −0.05 |
| VERY Vericity Inc. | Sold out | 0.00% | −0.05 |
| SRCL Stericycle Inc. | Sold out | 0.00% | −0.04 |
| GEOS Geospace Technologies Corp. | Sold out | 0.00% | −0.04 |
| ALTG Alta Equipment Group Inc. | Sold out | 0.00% | −0.04 |
| FLG New York Community Bancorp | Reduce -38.5% | 0.08% | −0.04 |
| HBI Hanesbrands Inc. | Reduce -10.8% | 0.16% | −0.04 |
| EVC Entravision Communications-A | Sold out | 0.00% | −0.04 |
| BRSL Brightstar Lottery PLC | Reduce -12.4% | 0.17% | −0.04 |
Portfolio Buys Q1 2024 → Q2 2024
| JRVR James River Group Holdings I | Add +185.0% | 0.47% | +0.28 |
| PARAA Paramount Global Class B | New | 0.27% | +0.27 |
| PROSHARES TR | New | 0.24% | +0.24 |
| GOOS Canada Goose Holdings Inc. | New | 0.16% | +0.16 |
| RL Ralph Lauren Corp. | New | 0.15% | +0.15 |
| SNFCA Security Natl Finl Corp. Class A | New | 0.13% | +0.13 |
| KRMD Koru Medical Systems Inc. | New | 0.12% | +0.12 |
| APTV Aptiv Irish Holdings Ltd. | New | 0.10% | +0.10 |
| EHTH Ehealth Inc. | New | 0.09% | +0.09 |
| SGRP Spar Group Inc. | Add +4.5% | 0.13% | +0.08 |
| ARTNA Artesian Resources Corp. Class A | New | 0.08% | +0.08 |
| MULTIPLAN CORP | New | 0.08% | +0.08 |
| DELL Dell Technologies -C | Add +114.3% | 0.12% | +0.08 |
| MURA Mural Oncology PLC | New | 0.07% | +0.07 |
| LYB Lyondellbasell Indu Class A | Add +65.0% | 0.18% | +0.07 |
| OPITQ Office Properties Income Tru | New | 0.06% | +0.06 |
| FOXF Fox Factory Holding Corp. | New | 0.06% | +0.06 |
| FNKO Funko Inc. Class A | New | 0.05% | +0.05 |
| MRCY Mercury Systems Inc. | New | 0.05% | +0.05 |
| IVAC Intevac Inc. | New | 0.05% | +0.05 |
| CATO Cato Corp. Class A | New | 0.04% | +0.04 |
| EGRX Eagle Pharmaceuticals Inc. | New | 0.04% | +0.04 |
| SPWH Sportsman's Warehouse Holdin | New | 0.04% | +0.04 |
| INTC Intel Corp. | Add +500.0% | 0.05% | +0.04 |
| CSTE Caesarstone Ltd. | Add +11.7% | 0.13% | +0.04 |
| EXFY Expensify Inc. Class A | New | 0.04% | +0.04 |
| CELH Celsius Holdings Inc. | New | 0.04% | +0.04 |
| GLATFELTER CORP | New | 0.04% | +0.04 |
| ASO Academy Sports & Outdoors Inc. | New | 0.03% | +0.03 |
| CNTY Century Casinos Inc. | Add +200.0% | 0.05% | +0.03 |
| CMBMF Cambium Networks Corp. | New | 0.03% | +0.03 |
| FINANCE OF AMERICA COMPAN | New | 0.03% | +0.03 |
| ACET Adicet Bio Inc. | New | 0.03% | +0.03 |
| PMVP PMV Pharmaceuticals Inc. | New | 0.02% | +0.02 |
| OFIX Orthofix Medical Inc. | New | 0.02% | +0.02 |
| PWOD Penns Woods Bancorp Inc. | New | 0.02% | +0.02 |
| GEVO Gevo Inc. | New | 0.02% | +0.02 |
| FOSL Fossil Group Inc. | New | 0.02% | +0.02 |
| ALLK Allakos LLC | New | 0.02% | +0.02 |
| LEG Leggett & Platt Inc. | New | 0.02% | +0.02 |
| ITI Iteris Inc. | New | 0.02% | +0.02 |
| MAA Mid-America Apartment Comm | New | 0.02% | +0.02 |
| ALIM Alimera Sciences Inc. | New | 0.02% | +0.02 |
| BCOV Brightcove | New | 0.02% | +0.02 |
| ALLOVIR INC | New | 0.02% | +0.02 |
| CHGG Chegg Inc. | New | 0.02% | +0.02 |
| TPB Turning Point Brands Inc. | Add +13.8% | 0.08% | +0.02 |
| TBRG Trubridge Inc. | New | 0.02% | +0.02 |
| VSTS Vestis Corp. | New | 0.02% | +0.02 |
| DHC Diversified Healthcare Trust | Add +21.9% | 0.04% | +0.02 |
Options Activity Q1 2024 → Q2 2024
| TSLA Tesla Inc. | put | New | 100,000 | $19.8M |
| DJT Trump Media & Technology Gro | put | New | 81,200 | $2.7M |
| IOT Samsara Inc. Class A | put | New | 50,000 | $1.7M |
| HPQ HP Inc. | call | Sold out | 40,000 | $1.2Mbefore exit |
| BIDU Baidu Inc. - Spon ADR | call | Reduce -87.5% | 10,000 | $865K |
| NWL Newell Brands Inc. | call | Add +82.0% | 91,000 | $583K |
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
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -4.8% | 24,398 | $1.0M |
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 | 506 | $2.4B | MS, SPY, APP, META, BRK.A |
| Q1 2026Amended | 487 | $2.0B | MS, SPY, META, BRK.A, DAC |
| Q4 2025Amended | 547 | $2.2B | MS, SPY, APP, META, BRK.A |
| Q3 2025 | 569 | $2.2B | MS, SPY, APP, META, BRK.A |
| Q2 2025 | 589 | $2.0B | MS, SPY, META, BRK.A, APP |
| Q1 2025 | 558 | $1.6B | BRK.A, META, FICO, MA, V |
| Q4 2024 | 536 | $1.9B | MS, SPY, META, BRK.A, APP |
| Q3 2024 | 589 | $2.0B | MS, SPY, META, BRK.A, BLDR |
| Q2 2024 | 561 | $1.7B | SPY, MS, META, BRK.A, DAC |
| Q1 2024 | 547 | $1.8B | SPY, MS, BLDR, META, BRK.A |