Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in RCI held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | ROYAL BANK OF CANADA | 39.4M | $1.51B | +6.5% | 7.287% | 0.27% |
| 2 | BANK OF MONTREAL /CAN/ | 27.2M | $1.05B | -0.9% | 5.036% | 0.40% |
| 3 | FIL Ltd | 25.9M | $997.5M | -16.5% | 4.801% | 0.77% |
| 4 | CIBC World Markets Inc. | 14.2M | $545.6M | +1.5% | 2.627% | 0.89% |
| 5 | NATIONAL BANK OF CANADA /FI/ | 11.0M | $419.8M | +11.7% | 2.028% | 0.43% |
| 6 | SIG North Trading, ULC | 10.1M | $390.1M | -13.4% | 1.878% | 10.92% |
| 7 | TD ASSET MANAGEMENT INC | 8.7M | $334.8M | +2.3% | 1.616% | 0.27% |
| 8 | 1832 Asset Management L.P. | 8.3M | $318.0M | -17.7% | 1.531% | 0.42% |
| 9 | D. E. Shaw & Co., Inc. | 7.7M | $294.8M | +37.0% | 1.419% | 0.28% |
| 10 | Fiera Capital Corp | 7.4M | $285.6M | +3.4% | 1.377% | 0.98% |
| 11 | LETKO, BROSSEAU & ASSOCIATES INC | 6.5M | $249.6M | -1.7% | 1.205% | 4.02% |
| 12 | BANK OF NOVA SCOTIA | 6.3M | $241.5M | +7.6% | 1.163% | 0.42% |
| 13 | TORONTO DOMINION BANK | 5.7M | $217.8M | -27.2% | 1.048% | 0.31% |
| 14 | TD Waterhouse Canada Inc. | 4.8M | $179.0M | +95.0% | 0.883% | 0.53% |
| 15 | MACKENZIE FINANCIAL CORP | 4.4M | $168.1M | -31.8% | 0.809% | 0.20% |
| 16 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 4.3M | $167.1M | -33.7% | 0.804% | 0.09% |
| 17 | GEODE CAPITAL MANAGEMENT, LLC | 4.1M | $163.9M | +4.1% | 0.750% | 0.01% |
| 18 | SCOTIA CAPITAL INC. | 3.8M | $145.5M | -3.6% | 0.707% | 0.60% |
| 19 | Connor, Clark & Lunn Investment Management Ltd. | 3.2M | $122.4M | +449.0% | 0.589% | 0.28% |
| 20 | MORGAN STANLEY | 3.2M | $121.6M | -37.8% | 0.585% | 0.01% |
| 21 | PICTON MAHONEY ASSET MANAGEMENT | 3.0M | $115.1M | +7.0% | 0.554% | 1.15% |
| 22 | CANADA PENSION PLAN INVESTMENT BOARD | 2.9M | $109.9M | +111.0% | 0.529% | 0.07% |
| 23 | FIRST TRUST ADVISORS LP | 2.6M | $100.3M | -8.6% | 0.483% | 0.07% |
| 24 | AGF MANAGEMENT LTD | 1.7M | $91.6M | +3.9% | 0.322% | 0.41% |
| 25 | GOLDMAN SACHS GROUP INC | 2.3M | $89.5M | -31.3% | 0.431% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in RCI — a direct measure of their conviction.
Filings activity in RCI during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 308 | +4.4% | 49.49% | 0.76 pp | $10.31B | 1.5% |
| Q4 2025 | 295 | +7.7% | 50.25% | +4.18 pp | $10.47B | +9.1% |
| Q3 2025 | 274 | +6.2% | 46.07% | 34.43 pp | $9.60B | 43% |
| Q2 2025 | 258 | +3.6% | 80.50% | +47.21 pp | $16.77B | +142% |
| Q1 2025 | 249 | 4.6% | 33.29% | 1.45 pp | $6.93B | 4.2% |
| Q4 2024 | 261 | 5.4% | 34.74% | 8.93 pp | $7.24B | 20% |
| Q3 2024 | 276 | +1.8% | 43.67% | 156.32 pp | $9.10B | 88% |
| Q2 2024 | 271 | — | 199.99% | — | $74.53B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying RCI stock.
Based on Q1 2026 13F filings, institutional ownership of Rogers Communications Inc. stands at 49.5%, held across 308 reporting institutions.
ROYAL BANK OF CANADA is the largest reported institutional holder of RCI, with approximately 39,364,296 shares worth $1.51B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of RCI.
Our composite Smart Money Score for RCI is 34 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
52 institutions opened new positions in RCI during Q1 2026, while 39 fully exited. 166 added to existing positions and 87 trimmed.
RCI institutional ownership fell by 0.76 percentage points quarter-over-quarter, with a net change of +13 holders.
The top 10 institutions account for 59.6% of all reported 13F value in RCI, and the top 25 account for 81.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Rogers Communications Inc. (RCI) Institutional Ownership