The cluster is split between aggressive accumulation by quant/active managers (D.E. Shaw, BofA) and significant trimming by mega-passive and other quants (Goldman, RenTech, Citigroup). This divergence suggests no consensus catalyst — monitor upcoming earnings and any operational updates for a potential resolution of the mixed signal.
Executive Summary
A mixed institutional cluster in RIVN for Q2 2026 shows 41 buyers adding $289.8M in net new positions, led by D.E. Shaw (quant, DOUBLED to $361.4M) and BofA (mega-passive, ADD to $99.1M), while 31 sellers trimmed $130.4M, led by Goldman Sachs (TRIM -$35.8M), RenTech (TRIM -$32.4M), and Citigroup (TRIM -$24.2M). The net buying of ~$159.4M suggests some conviction among active and quant managers, but the large-scale trimming by mega-passive and quant funds creates a mixed signal with no clear directional thesis.
Key Financial Metrics
Institutional Positions
Net institutional flow: $159.4M
▲ Buyers (41)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| D.E. Shaw | DOUBLED | +141.4% | $361.4M | $231.6M |
| BofA | ADD | +45.9% | $99.1M | $40.2M |
| American Century Companies | DOUBLED | +348.1% | $14.4M | $11.6M |
▼ Sellers (31)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Goldman Sachs | TRIM | -36.5% | $133.9M | -$35.8M |
| RenTech | TRIM | -30.4% | $164.3M | -$32.4M |
| Citigroup | TRIM | -29.4% | $130.5M | -$24.2M |
| Wells Fargo | TRIM | -55.4% | $41.2M | -$20.0M |
Key Facts
- 41 institutional buyers added $289.8M in net new positions; 31 sellers reduced by $130.4M
- D.E. Shaw (quant) DOUBLED its position to 20.83M shares valued at $361.4M, the largest buyer
- BofA (mega-passive) ADDED 45.9% to 5.71M shares worth $99.1M
- Goldman Sachs (mega-passive) TRIMED 36.5% to 5.65M shares, reducing by $35.8M
- RenTech (quant) TRIMED 30.4% to 7.60M shares, reducing by $32.4M
- Citigroup TRIMED 29.4% to 6.13M shares, reducing by $24.2M
- Korea Investment NEAR_EXIT, cutting 85.6% of its position
Financial Impact
Net institutional buying of approximately $159.4M in Q2 2026, with total buyer holdings of $490.9M and seller reductions of $130.4M
Risk Factors
- 13F data is 45+ days stale; positions may have been unwound since quarter-end
- Large sellers include mega-passive and quant funds, which may signal broader de-risking
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-RIVN-2026-Q2 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | Institutional Cluster | $11.83 | awaiting T+5 | — | — |
Oct 12, 2026 15d ago | Institutional Cluster | $13.54 $12.34 | ▼ −8.86% | ▼ −7.37% | — |
Oct 7, 2026 19d ago | 8-K | $14.33 $13.02 | ▼ −9.14% | ▼ −8.87% | — |
Oct 2, 2026 25d ago | 8-K | $14.30 $13.96 | ▼ −2.38% | ▼ −3.54% | — |
Jul 30, 2026 12w ago | 8-K | $15.22 $16.00 | ▲ +5.12% | ▲ +1.61% | — |
Jul 2, 2026 16w ago | 8-K | $18.63 $18.12 | ▼ −2.74% | ▼ −3.67% | — |
Jun 11, 2026 19w ago | Institutional Cluster | $15.54 $16.26 | ▼ −4.63% | ▼ −4.20% | — |
Jun 5, 2026 20w ago | Insider Cluster | $16.84 $16.68 | ▼ −0.95% | ▼ −3.06% | — |
May 29, 2026 21w ago | Insider Cluster | $16.95 $16.35 | ▲ +3.54% | ▲ +0.79% | — |
Apr 30, 2026 25w ago | S-3ASR | $15.02 $14.18 | ▼ −5.59% | ▼ −7.94% | — |
US Market Status
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