Institutional Manager · CIK 0001134621
RBF Capital, LLC
SAN FRANCISCO, CA · File #028-06357
Latest AUM
$2.25B
Positions
555
Top-10 Concentration
47.6%
Filings
10
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | MORGAN STANLEY | MS-PQ | -690,432 | -$121.9M | +$14.3M |
| REDUCE | META PLATFORMS INC | META | -102,000 | -$67.3M | -$7.8M |
| REDUCE | TESLA INC | TSLA | -50,000 | -$22.5M | +$270,000 |
| NEW | MANPOWERGROUP INC WIS | MAN | +470,083 | +$14.0M | $0 |
| ADD | AMAZON COM INC | AMZN | +30,000 | +$6.9M | +$225,000 |
| NEW | JAMES RIV GROUP HOLDINGS INC | 46990A102 | +1,050,000 | +$6.7M | $0 |
| EXITED | JAMES RIV GROUP LTD | G5005R107 | -1,000,000 | -$5.5M | $0 |
| ADD | SILGAN HLDGS INC | SLGN | +124,671 | +$5.0M | -$92,400 |
| REDUCE | PEPSICO INC | PEP | -35,000 | -$5.0M | +$441,672 |
| EXITED | KRAFT HEINZ CO | 500754106 | -180,000 | -$4.7M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORT (Amended)Q/E Dec 2025555 pos · $2.25B
- 13F HOLDINGS REPORTQ/E Dec 2025555 pos · $2.25B
- 13F HOLDINGS REPORTQ/E Sep 2025576 pos · $2.24B
- 13F HOLDINGS REPORTQ/E Jun 2025602 pos · $2.10B
- 13F HOLDINGS REPORTQ/E Mar 2025575 pos · $1.67B
- 13F HOLDINGS REPORTQ/E Dec 2024545 pos · $1.93B
- 13F HOLDINGS REPORTQ/E Sep 2024598 pos · $2.00B
- 13F HOLDINGS REPORTQ/E Jun 2024570 pos · $1.74B
- 13F HOLDINGS REPORTQ/E Mar 2024556 pos · $1.79B
- 13F HOLDINGS REPORTQ/E Dec 2023533 pos · $1.52B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MORGAN STANLEY | MS-PQ | 810,432 | $143.9M | 10.72% |
| 2 | SPDR S&P 500 ETF TR | SPY | 146,300 | $99.8M | 7.43% |
| 3 | APPLOVIN CORP | APP | 114,955 | $77.5M | 5.77% |
| 4 | META PLATFORMS INC | META | 105,000 | $69.3M | 5.16% |
| 5 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 76 | $57.4M | 4.27% |
| 6 | BANK AMERICA CORP | 060505104 | 760,000 | $41.8M | 3.11% |
| 7 | DANAOS CORPORATION | DAC | 418,015 | $39.4M | 2.93% |
| 8 | ALPHABET INC | GOOG | 120,000 | $37.7M | 2.81% |
| 9 | MASTERCARD INCORPORATED | MA | 65,500 | $37.4M | 2.79% |
| 10 | HCA HEALTHCARE INC | HCA | 75,000 | $35.0M | 2.61% |
| 11 | FAIR ISAAC CORP | FICO | 20,000 | $33.8M | 2.52% |
| 12 | VISA INC | V | 95,000 | $33.3M | 2.48% |
| 13 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 65,000 | $32.7M | 2.43% |
| 14 | APPLE INC | AAPL | 120,000 | $32.6M | 2.43% |
| 15 | BUILDERS FIRSTSOURCE INC | BLDR | 258,702 | $26.6M | 1.98% |
| 16 | S&P GLOBAL INC | SPGI | 50,000 | $26.1M | 1.95% |
| 17 | MICROSOFT CORP | MSFT | 50,000 | $24.2M | 1.80% |
| 18 | MORGAN STANLEY | MS-PQ | 120,000 | $21.2M | 1.58% |
| 19 | GOLDMAN SACHS GROUP INC | GSCE | 23,000 | $20.2M | 1.51% |
| 20 | WILLDAN GROUP INC | WLDN | 184,600 | $19.1M | 1.43% |