Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in RWT held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 20.2M | $113.1M | -2.5% | 16.128% | 0.00% |
| 2 | WELLINGTON MANAGEMENT GROUP LLP | 11.0M | $62.0M | -26.9% | 8.838% | 0.01% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 5.7M | $32.0M | — | 4.566% | 0.00% |
| 4 | STATE STREET CORP | 5.0M | $27.8M | -2.0% | 3.970% | 0.00% |
| 5 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 3.2M | $17.7M | +36.5% | 2.524% | 0.02% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 3.1M | $17.6M | +2.2% | 2.510% | 0.00% |
| 7 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.9M | $16.3M | — | 2.328% | 0.00% |
| 8 | Invesco Ltd. | 2.7M | $15.4M | +7.7% | 2.197% | 0.00% |
| 9 | Capital World Investors | 2.6M | $14.4M | 0.0% | 2.050% | 0.00% |
| 10 | Boston Partners | 2.5M | $13.8M | -3.8% | 1.964% | 0.01% |
| 11 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.2M | $12.2M | +0.3% | 1.741% | 0.00% |
| 12 | RAYMOND JAMES FINANCIAL INC | 1.8M | $10.0M | +84.6% | 1.429% | 0.00% |
| 13 | EVERGREEN CAPITAL MANAGEMENT LLC | 1.7M | $9.4M | +0.3% | 1.343% | 0.21% |
| 14 | NORTHERN TRUST CORP | 1.4M | $7.8M | +4.0% | 1.109% | 0.00% |
| 15 | MORGAN STANLEY | 1.0M | $5.6M | -2.0% | 0.805% | 0.00% |
| 16 | NORDEA INVESTMENT MANAGEMENT AB | 877K | $4.8M | — | 0.702% | 0.00% |
| 17 | VANGUARD FIDUCIARY TRUST CO | 801K | $4.5M | — | 0.640% | 0.00% |
| 18 | PEREGRINE CAPITAL MANAGEMENT LLC | 742K | $4.2M | -21.4% | 0.594% | 0.15% |
| 19 | GOLDMAN SACHS GROUP INC | 716K | $4.0M | +120.0% | 0.573% | 0.00% |
| 20 | Bank of New York Mellon Corp | 712K | $4.0M | -1.4% | 0.569% | 0.00% |
| 21 | TRAN CAPITAL MANAGEMENT, L.P. | 706K | $4.0M | +32.5% | 0.565% | 0.54% |
| 22 | PRINCIPAL FINANCIAL GROUP INC | 605K | $3.4M | +0.2% | 0.484% | 0.00% |
| 23 | PRUDENTIAL FINANCIAL INC | 573K | $3.2M | +366.1% | 0.458% | 0.00% |
| 24 | UBS Group AG | 563K | $3.2M | -85.5% | 0.451% | 0.00% |
| 25 | MARINER INVESTMENT GROUP LLC | 550K | $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.
Filings activity in RWT 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 | 229 | +8.5% | 72.36% | 5.71 pp | $475M | 7.3% |
| Q4 2025 | 211 | +3.4% | 78.07% | 2.98 pp | $512M | 3.7% |
| Q3 2025 | 204 | 0.5% | 81.05% | 4.36 pp | $532M | 5.1% |
| Q2 2025 | 205 | 4.7% | 85.41% | 2.69 pp | $560M | 3.1% |
| Q1 2025 | 215 | +2.9% | 88.10% | 8.95 pp | $578M | 9.2% |
| Q4 2024 | 209 | 0.9% | 97.05% | 18.20 pp | $637M | 16% |
| Q3 2024 | 211 | +5.0% | 115.25% | +11.62 pp | $756M | +11% |
| Q2 2024 | 201 | — | 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.
Quick answers to the most common questions about buying RWT stock.
Based on Q1 2026 13F filings, institutional ownership of Redwood Trust, Inc. stands at 72.4%, held across 229 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of RWT, with approximately 20,158,829 shares worth $0.11B 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 RWT.
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.
46 institutions opened new positions in RWT during Q1 2026, while 28 fully exited. 117 added to existing positions and 60 trimmed.
RWT institutional ownership fell by 5.71 percentage points quarter-over-quarter, with a net change of +18 holders.
The top 10 institutions account for 69.5% of all reported 13F value in RWT, and the top 25 account for 87.1%.
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.
Redwood Trust, Inc. (RWT) Institutional Ownership