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Which hedge funds own RTO? RENTOKIL INITIAL PLC, Q2 2026 13F holders

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22 of the hedge funds tracked by WhaleCreep disclosed a position in RTO (RENTOKIL INITIAL PLC) in their Q2 2026 13F filings, worth $259.6m in total. The largest holder by portfolio weight is Gates Capital Management, Inc. at 4.9% of its book. 6 managers opened a new position this quarter: Capital Fund Management S.A., Campbell & CO Investment Adviser LLC, Quantbot Technologies LP, Centiva Capital, LP. 8 exited: Aquatic Capital Management LLC, Arrowstreet Capital, Limited Partnership, D. E. Shaw & Co., Inc..

22tracked managers holding
6opened this quarter
8exited this quarter

Who discovered RTO first?

Earliest meaningful positions among the 10 tracked managers we observed opening RTO since Q4 2022.

1 Gates Capital Management, Inc. First reported Q4 2022 High conviction 6.1%initial weight · $160.3m 4.9%still holding · 15q -7%stock since Q4 2022

Weight of Gates Capital Management, Inc.'s 13F book in RTO, by quarter

0%5%10%Q4 2022 · 6.1% of book · $160.3mQ1 2023 · 6.6% of book · $192.8mQ2 2023 · 5.9% of book · $189.4mQ3 2023 · 5.6% of book · $171.4mQ4 2023 · 4.9% of book · $147.5mQ1 2024 · 5.0% of book · $170.8mQ2 2024 · 5.0% of book · $166.3mQ3 2024 · 3.7% of book · $129.0mQ4 2024 · 4.7% of book · $158.5mQ1 2025 · 4.7% of book · $151.5mQ2 2025 · 4.5% of book · $147.5mQ3 2025 · 4.7% of book · $151.2mQ4 2025 · 4.6% of book · $133.1mQ1 2026 · 4.7% of book · $137.0mQ2 2026 · 4.9% of book · $148.0m2023202420252026
  • 6.6% peak weight, Q1 2023
  • $192.8m peak reported value
  • 15 quarters held
  • 14q before the median tracked entry

The stock's split-adjusted price moved -7% from Q4 2022 to Q2 2026.

23 managers already held RTO when our coverage of them began

Robertson Opportunity Capital, LLC (Q1 2026), Rivermont Capital Management LP (Q1 2026), Elwood Capital Partners LP (Q1 2026), Stanley Capital Management, LLC (Q1 2026), Iridian Asset Management LLC (Q1 2026), III Capital Management (Q1 2026), Arlington Partners LLC (Q1 2026), Boothbay Fund Management, LLC (Q1 2026), Prescott Group Capital Management, L.L.C. (Q1 2026), Fny Investment Advisers, LLC (Q1 2026), Quinn Opportunity Partners LLC (Q1 2026), Qube Research & Technologies LTD (Q1 2026), Magnetar Financial LLC (Q1 2026), Citadel Advisors LLC (Q1 2026), Aqr Capital Management LLC (Q1 2026), Aquatic Capital Management LLC (Q1 2026), Arrowstreet Capital, Limited Partnership (Q1 2026), D. E. Shaw & Co., Inc. (Q1 2026), Engineers Gate Manager LP (Q1 2026), ExodusPoint Capital Management, LP (Q1 2026), Qvidtvm Management LLC (Q1 2026), Scientech Research LLC (Q1 2026), Two Creeks Capital Management, LP (Q1 2026).

Their first filing on record already includes RTO, so when they first bought it is unknown. They are not ranked above.

View discovery timeline
  1. Early holdersQ4 2022 – Q4 20254 new tracked holders · 2.9% of tracked managers holding at the end
  2. Established ownershipQ1 2026 – now6 new tracked holders · 1.9% of tracked managers holding now
Early holderstracked universe expands →Split-adjusted price$20% of tracked managers holding0%5%New holders per 100 tracked managers02Q4 2022 · price $31 · 1 of 70 tracked managers hold (1.4%) · 1 newQ1 2023 · price $37 · 1 of 70 tracked managers hold (1.4%) · 0 newQ2 2023 · price $39 · 1 of 70 tracked managers hold (1.4%) · 0 newQ3 2023 · price $37 · 1 of 70 tracked managers hold (1.4%) · 0 newQ4 2023 · price $29 · 1 of 70 tracked managers hold (1.4%) · 0 newQ1 2024 · price $30 · 1 of 70 tracked managers hold (1.4%) · 0 newQ2 2024 · price $30 · 2 of 70 tracked managers hold (2.9%) · 1 newQ3 2024 · price $25 · 2 of 70 tracked managers hold (2.9%) · 1 newQ4 2024 · price $25 · 2 of 69 tracked managers hold (2.9%) · 0 newQ1 2025 · price $23 · 2 of 68 tracked managers hold (2.9%) · 0 newQ2 2025 · price $24 · 2 of 68 tracked managers hold (2.9%) · 0 newQ3 2025 · price $25 · 2 of 68 tracked managers hold (2.9%) · 1 newQ4 2025 · price $29 · 2 of 68 tracked managers hold (2.9%) · 0 newQ1 2026 · price $31 · 24 of 1200 tracked managers hold (2.0%) · 0 newQ2 2026 · price $29 · 22 of 1185 tracked managers hold (1.9%) · 6 newQ4 2022 · first reported: Gates Capital Management, Inc.2023202420252026

Dots mark the ranked managers' first reported quarters. Price is the quarter-end price implied by 13F filings, split-adjusted, shown from Q4 2022 where the series is continuous. Coverage widened in Q1 2026 from about a hundred managers to over a thousand, so holders and new holders are shown relative to the managers filing each quarter.

How this is calculated

13F filings are quarterly snapshots of long US-listed equity positions. They do not show exact purchase dates, intra-quarter trading, short positions, most derivatives, or a manager's actual performance. "First reported" is the first quarter-end filing that shows the position.

A manager is ranked only if we observed it filing, without RTO, within two quarters before its first position. Ranking is by the first quarter the position reached 1% of the manager's 13F book in a run of at least 2 filings, then by peak weight. "High conviction" means a peak weight of at least 5%.

Stock changes are the split-adjusted change in the quarter-end price implied by 13F filings, excluding dividends. They describe the stock over the period, not the return any manager earned. Phases are cut where the share of tracked managers holding RTO passed one third and two thirds of its peak.

Which hedge funds hold RTO? Current holders by portfolio weight

ManagerAs ofWeight of bookValueSharesΔ sharesAction
Gates Capital Management, Inc.Q2 2026 4.9%$148.0m5,173,407 19% added
Robertson Opportunity Capital, LLCQ2 2026 4.2%$10.8m375,893 0% held
Rivermont Capital Management LPQ2 2026 3.7%$26.3m919,926 16% added
Elwood Capital Partners LPQ2 2026 2.6%$3.6m125,180 -44% reduced
Stanley Capital Management, LLCQ2 2026 2.5%$19.1m667,329 7% added
Iridian Asset Management LLCQ2 2026 1.5%$4.2m148,070 -22% reduced
III Capital ManagementQ2 2026 0.7%$2.9m100,684 4% added
Arlington Partners LLCQ2 2026 0.4%$220.2k7,698 0% held
Boothbay Fund Management, LLCQ2 2026 0.1%$6.3m221,710 -7% reduced
Prescott Group Capital Management, L.L.C.Q2 2026 0.1%$858.3k30,000 0% held
Fny Investment Advisers, LLCQ2 2026 0.1%$194.0k6,800 0% held
Quinn Opportunity Partners LLCQ2 2026 0.0%$775.5k27,105 -36% reduced
Capital Fund Management S.A.Q2 2026 0.0%$4.6m161,249 new
Campbell & CO Investment Adviser LLCQ2 2026 0.0%$601.4k21,021 new
Qube Research & Technologies LTDQ2 2026 0.0%$28.0m979,732 246% added
Quantbot Technologies LPQ2 2026 0.0%$782.2k27,339 new
Centiva Capital, LPQ2 2026 0.0%$296.2k10,354 new
Graham Capital Management, L.P.Q2 2026 0.0%$247.8k8,663 new
Magnetar Financial LLCQ2 2026 0.0%$320.8k11,214 35% added
Elequin Capital, LPQ2 2026 0.0%$19.0k663 new
Citadel Advisors LLCQ2 2026 0.0%$766.3k26,784 24% added
Aqr Capital Management LLCQ2 2026 0.0%$628.6k22,133 71% added

Exited since the previous quarter

Held in a manager's last filing on record

These managers have not filed for the latest quarter; their last disclosure is dated.

ManagerLast filingWeight
wcm_investmentQ2 20260.0%

How has hedge fund ownership of RTO changed?

QuarterManagers holdingCombined value
Q2 202623$268.9m
Q1 202626$266.0m
Q4 20254$145.5m
Q3 20255$185.4m
Q2 20255$188.6m
Q1 20254$254.8m
Q4 20244$263.1m
Q3 20243$207.4m
Q2 20243$236.4m
Q1 20244$241.7m
Q4 20233$150.0m
Q3 20233$176.0m
Q2 20233$195.7m
Q1 20233$193.4m
Q4 20223$160.4m

Counts every tracked manager that disclosed RTO in that quarter's filing, including managers that have since stopped filing.