Moore Capital Management Trims Stake in RB Global

Hedge fund reduces position in business services provider by 42.9% in Q3

Mar. 17, 2026 at 10:52am

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Moore Capital Management LP has reduced its stake in RB Global, Inc. (NYSE:RBA) by 42.9% during the third quarter, according to a recent 13F filing with the SEC. The hedge fund now owns 135,802 shares of the business services provider, down from 237,657 shares held previously.

Why it matters

RB Global is a major player in the commercial asset and vehicle marketplace, operating brands like Ritchie Bros. Auctioneers and IAA. Changes in ownership by large institutional investors like Moore Capital can signal shifts in market sentiment and future performance expectations for the company.

The details

According to the 13F filing, Moore Capital Management sold 101,855 shares of RB Global during the third quarter, reducing its position in the company to 135,802 shares. This represents a 42.9% decrease in the hedge fund's stake. At the end of the reporting period, Moore Capital's RB Global holdings were valued at $14.72 million.

  • The 13F filing covers the third quarter of 2026.

The players

Moore Capital Management LP

A prominent hedge fund that has reduced its position in RB Global, Inc.

RB Global, Inc.

A global provider of commercial asset and vehicle marketplace services, operating brands like Ritchie Bros. Auctioneers and IAA.

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The takeaway

The reduction in Moore Capital's RB Global stake could signal broader market concerns about the company's future performance, though the reasons behind the hedge fund's decision are not fully clear. Investors will be watching to see if other major institutional holders make similar moves in the coming quarters.