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$5.16$645M
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HomeStocksRWTInstitutional Holders

RWT logoRedwood Trust, Inc. (RWT) Institutional Ownership

Q1 2026 13F Data|Updated 2026-06-13

✨

Institutional ownership decreased this quarter (-5.71 pp), while top 10 holders maintain a highly concentrated 69.5% of value.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
72.4%$475M total value · ▼ 5.71 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, conviction signals, and institutional trend.
31 / 100Bearish
Institutions & Flow229 holders+18 net flow (+46 / -28)

AI Insights & Key Takeaways

  • Positive Institutional Flow (+18)
  • Top 10 holders control 69.5% of institutional value
  • No Insider Signal

Top Institutional Holders of RWT

Ranked by reported Q1 2026 13F market value

Top 10 Holders
69.5%
Top 25 Holders
87.1%

Share of total reported institutional value in RWT held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1BlackRock, Inc.20.2M$113.1M-2.5%16.128%0.00%
2WELLINGTON MANAGEMENT GROUP LLP11.0M$62.0M-26.9%8.838%0.01%
3VANGUARD CAPITAL MANAGEMENT LLC5.7M$32.0M—4.566%

Quarterly Institutional Activity

Filings activity in RWT during Q1 2026, grouped by how each filer changed its position.

OverviewNew Buyers46Added To117Trimmed60Exited28

New Buyers

46

Institutions that opened a new RWT position in Q1 2026

  • VANGUARD CAPITAL MANAGEMENT LLC

RWT Institutional Ownership by Quarter

8 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q1 2026229+8.5%72.36%5.71 pp$475M7.3%
Q4 2025211+3.4%78.07%2.98 pp$512M3.7%
Q3 20252040.5%81.05%4.36 pp$532M5.1%
Q2 20252054.7%85.41%2.69 pp$560M3.1%
Q1 2025215+2.9%88.10%8.95 pp$578M9.2%
Q4 2024209

RWT — Frequently Asked Questions

Quick answers to the most common questions about buying RWT stock.

What percentage of RWT is owned by institutions?

Based on Q1 2026 13F filings, institutional ownership of Redwood Trust, Inc. stands at 72.4%, held across 229 reporting institutions.

Who is the largest institutional holder of RWT?

BlackRock, Inc. is the largest reported institutional holder of RWT, with approximately 20,158,829 shares worth $0.11B as of Q1 2026.

Is RWT a hedge fund favorite?

No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of RWT.

What is RWT's Smart Money Score?

Our composite Smart Money Score for RWT is 31 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

How many institutions bought RWT this quarter?
0.00%
4STATE STREET CORP5.0M$27.8M-2.0%3.970%0.00%
5MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.3.2M$17.7M+36.5%2.524%0.02%
6GEODE CAPITAL MANAGEMENT, LLC3.1M$17.6M+2.2%2.510%0.00%
7VANGUARD PORTFOLIO MANAGEMENT LLC2.9M$16.3M—2.328%0.00%
8Invesco Ltd.2.7M$15.4M+7.7%2.197%0.00%
9Capital World Investors2.6M$14.4M0.0%2.050%0.00%
10Boston Partners2.5M$13.8M-3.8%1.964%0.01%
11CHARLES SCHWAB INVESTMENT MANAGEMENT INC2.2M$12.2M+0.3%1.741%0.00%
12RAYMOND JAMES FINANCIAL INC1.8M$10.0M+84.6%1.429%0.00%
13EVERGREEN CAPITAL MANAGEMENT LLC1.7M$9.4M+0.3%1.343%0.21%
14NORTHERN TRUST CORP1.4M$7.8M+4.0%1.109%0.00%
15MORGAN STANLEY1.0M$5.6M-2.0%0.805%0.00%
16NORDEA INVESTMENT MANAGEMENT AB877K$4.8M—0.702%0.00%
17VANGUARD FIDUCIARY TRUST CO801K$4.5M—0.640%0.00%
18PEREGRINE CAPITAL MANAGEMENT LLC742K$4.2M-21.4%0.594%0.15%
19GOLDMAN SACHS GROUP INC716K$4.0M+120.0%0.573%0.00%
20Bank of New York Mellon Corp712K$4.0M-1.4%0.569%0.00%
21TRAN CAPITAL MANAGEMENT, L.P.706K$4.0M+32.5%0.565%0.54%
22PRINCIPAL FINANCIAL GROUP INC605K$3.4M+0.2%0.484%0.00%
23PRUDENTIAL FINANCIAL INC573K$3.2M+366.1%0.458%0.00%
24UBS Group AG563K$3.2M-85.5%0.451%0.00%
25MARINER INVESTMENT GROUP LLC550K$3.1M-26.2%0.440%0.93%

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 RWT — a direct measure of their conviction.

$32.0M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$16.3M
  • NORDEA INVESTMENT MANAGEMENT AB$4.8M
  • VANGUARD FIDUCIARY TRUST CO$4.5M
  • Qube Research & Technologies Ltd$1.9M
  • TUDOR INVESTMENT CORP ET AL$902K
  • D. E. Shaw & Co., Inc.$896K
  • Counterpoint Mutual Funds LLC$876K
  • Campbell & CO Investment Adviser LLC$452K
  • VANGUARD ASSET MANAGEMENT, Ltd$447K
  • WINTON GROUP Ltd$388K
  • Empowered Funds, LLC$255K
  • Exited Positions

    28

    Institutions that fully closed their RWT position in Q1 2026

    • VANGUARD GROUP INC$64.5M
    • JANE STREET GROUP, LLC$3.3M
    • CITADEL ADVISORS LLC$2.2M
    • Angel Oak Capital Advisors, LLC$1.5M
    • ExodusPoint Capital Management, LP$1.3M
    • Clear Harbor Asset Management, LLC$1.2M
    • Brevan Howard Capital Management LP$522K
    • VIRGINIA RETIREMENT SYSTEMS ET AL$382K
    • JPMORGAN CHASE & CO$378K
    • INCEPTIONR LLC$365K
    • Squarepoint Ops LLC$223K
    • TWO SIGMA INVESTMENTS, LP$143K
    0.9%
    97.05%
    18.20 pp
    $637M
    16%
    Q3 2024211+5.0%115.25%+11.62 pp$756M+11%
    Q2 2024201—103.63%—$680M—

    Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.

    46 institutions opened new positions in RWT during Q1 2026, while 28 fully exited. 117 added to existing positions and 60 trimmed.

    How is institutional ownership of RWT changing?

    RWT institutional ownership fell by 5.71 percentage points quarter-over-quarter, with a net change of +18 holders.

    How concentrated is RWT ownership among the top holders?

    The top 10 institutions account for 69.5% of all reported 13F value in RWT, and the top 25 account for 87.1%.

    Where does this RWT institutional ownership data come from?

    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.