RV Capital AG — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, RV Capital AG initiated 2 new positions, increased allocation to 6 existing positions, trimmed 3 positions, and exited 1 position entirely. The fund's 13F equity book declined from $0.43B to $0.38B (-10.9% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $0.43BPrior quarter
- $0.38BCurrent quarter
- $-0.05BNet delta
- -10.9%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| MORNINGSTAR INC | MORN | 0.17% | Holders → |
| SPOTIFY TECHNOLOGY S A | SPOT | 0.06% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | +1.16% | +119.30% | History → |
| PAYCOM SOFTWARE INC | PAYC | +0.24% | +72.61% | Holders → |
| SALESFORCE INC | CRM | +0.08% | +41.27% | History → |
| CARVANA CO | CVNA | +1.24% | +24.36% | History → |
| META PLATFORMS INC | META | +0.83% | +6.77% | History → |
| INTERACTIVE BROKERS GROUP IN | IBKR | +2.09% | +0.72% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| H WORLD GROUP LTD | HTHT | 0.73% | -7.46% | History → |
| YUM CHINA HLDGS INC | YUMC | 0.44% | -5.13% | History → |
| CREDIT ACCEP CORP MICH | CACC | 0.31% | -4.81% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| WIX COM LTD | WIX | 7.62% |
Methodology & FAQ
How RV Capital AG Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for RV Capital AG against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did RV Capital AG initiate in Q1 2026?
RV Capital AG established 2 new positions in Q1 2026: MORNINGSTAR INC (MORN, 0.17%), SPOTIFY TECHNOLOGY S A (SPOT, 0.06%).
Which existing positions saw the largest allocation increases for RV Capital AG in Q1 2026?
The largest portfolio-weight increases in existing positions were: MICROSOFT CORP (MSFT, +1.16% weight, +119.30% shares), PAYCOM SOFTWARE INC (PAYC, +0.24% weight, +72.61% shares), SALESFORCE INC (CRM, +0.08% weight, +41.27% shares), CARVANA CO (CVNA, +1.24% weight, +24.36% shares), META PLATFORMS INC (META, +0.83% weight, +6.77% shares), INTERACTIVE BROKERS GROUP IN (IBKR, +2.09% weight, +0.72% shares).
Which positions did RV Capital AG fully exit in Q1 2026?
RV Capital AG fully exited 1 position in Q1 2026: WIX COM LTD (WIX, last-reported weight 7.62%).
Which existing positions saw the largest allocation reductions for RV Capital AG in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: H WORLD GROUP LTD (HTHT, 0.73% weight, -7.46% shares), YUM CHINA HLDGS INC (YUMC, 0.44% weight, -5.13% shares), CREDIT ACCEP CORP MICH (CACC, 0.31% weight, -4.81% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.