Raymond James Financial

RJF • NYSE

Raymond James Financial is a financial - capital markets company in the financial services sector on NYSE, led by Paul M. Shoukry, with a market cap of $32.2B. As of Q3 2025, 75% of shares are held by 863 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.98%.

CEOPaul M. Shoukry

Market Cap$32.2B

Financial - Capital Markets

Financial Services

Employees8.8K

Websiteraymondjames.com

Country

United States of America

Overview

Overview of institutional ownership in RJF as of Q3 2025 with a market cap of $34.4B

All Institutions

Institutions: 863
Value Held: $25.9B
Shares Held: 150.0M
Avg Position: $30.0M
Median Position: $879.1K

Hedge Funds

Hedge Funds: 47
Value Held: $665.1M
Shares Held: 3.9M
Avg Position: $14.2M
Median Position: $2.1M

Ownership Breakdown

Institutional (non-HF)

73.32%

$25.2B

Hedge Funds

1.93%

$665.1M

Retail & Other

24.75%

$8.5B

Based on market cap of $34.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in RJF as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$3.8B 0.06% of portfolio	10.98% 21.9M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$2.5B 0.04% of portfolio	7.30% 14.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
PRIMECAP MANAGEMENT CO/CA/ Long Only Manager	Theofanis A Kolokotrones Chairman	$1.7B 1.29% of portfolio	4.84% 9.6M shares	Q4 2018 Held for 6y 11m	$128.84B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$1.6B 0.27% of portfolio	4.52% 9.0M shares	Q1 2014 Held for 11y 8m	$571.21B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.4B 0.05% of portfolio	4.03% 8.0M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.0B 0.06% of portfolio	2.93% 5.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
FMR LLC Institution	-	$998.6M 0.05% of portfolio	2.90% 5.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$784.0M 0.05% of portfolio	2.29% 4.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$628.8M 0.39% of portfolio	1.83% 3.6M shares	Q3 2022 Held for 3y 2m	$161.58B
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$477.1M 0.30% of portfolio	1.39% 2.8M shares	Q2 2015 Held for 10y 5m	$158.22B

Net Capital Flow

Institutional buying and selling activity for RJF in Q3 2025

Traded: −$348.1M
Buyers: 387
Sellers: 373
Total Bought: +$1.1B
Total Sold: −$1.4B
Avg Position: $28.0M

Biggest Buyers

Institution	Net Bought	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$230.3M +1.3M shares	$242.8M 1.4M shares
MORGAN STANLEY RIA/Wealth	+$72.7M +421.4K shares	$460.9M 2.7M shares
H HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Institution	+$60.2M +348.8K shares	$80.6M 466.9K shares
H HSBC HOLDINGS PLC Institution	+$56.8M +329.1K shares	$224.5M 1.3M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$49.2M +284.9K shares	$49.8M 288.6K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$41.9M +242.6K shares	$135.2M 783.1K shares
JPMORGAN CHASE & CO Institution	+$39.8M +230.9K shares	$1.0B 5.8M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$39.2M +227.3K shares	$406.9M 2.4M shares
J JANE STREET GROUP, LLC Institution	+$36.3M +210.4K shares	$36.3M 210.4K shares
PRUDENTIAL FINANCIAL INC Institution	+$29.0M +168.0K shares	$115.7M 670.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$95.0M −550.3K shares	$1.6B 9.0M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$93.1M −539.5K shares	$628.8M 3.6M shares
B BlackRock, Inc. Institution	−$74.2M −429.8K shares	$2.5B 14.5M shares
A AMERICAN CENTURY COMPANIES INC Institution	−$69.7M −403.8K shares	$49.1M 284.6K shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	−$68.9M −399.4K shares	$346.5M 2.0M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$66.3M −384.0K shares	$250.6M 1.5M shares
Marshall Wace LLP Institution	−$63.6M −368.3K shares	$12.1M 69.9K shares
PRIMECAP MANAGEMENT CO/CA/ Long Only Manager	−$63.4M −367.6K shares	$1.7B 9.6M shares
VANGUARD GROUP INC Institution	−$54.5M −315.6K shares	$3.8B 21.9M shares
FMR LLC Institution	−$51.8M −300.2K shares	$998.6M 5.8M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited RJF in Q3 2025

New Positions: 54
New Value: $17.8M
Exited Positions: 60
Exited Value: $97.1M

New Positions

Institution	Position Value
B Bank Julius Baer & Co. Ltd, Zurich Institution	$4.6M 26.5K shares
B Bayview Asset Management, LLC Hedge Fund•Multi-Strategy	$2.1M 12.0K shares
P PEAK6 LLC Institution	$1.9M 10.8K shares
Advocacy Wealth Management Services, LLC RIA/Wealth	$1.7M 10.0K shares
JSF Financial, LLC RIA/Wealth	$1.2M 7.2K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$1.2M 7.1K shares
T TEMA ETFS LLC Institution	$755.0K 4.4K shares
SEARLE & CO. RIA/Wealth	$390.1K 2.3K shares
SUMMIT WEALTH GROUP LLC / CO RIA/Wealth	$354.2K 3.5K shares
Diametric Capital, LP Hedge Fund•Long/Short	$273.7K 1.6K shares

Exited Positions

Institution	Previous Position
B BNP Paribas Investment Partners S.A. Institution	$43.4M 282.7K shares
L Laurel Wealth Advisors LLC RIA/Wealth	$8.6M 55.8K shares
A AXA Institution	$4.6M 29.8K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$4.4M 28.7K shares
NUANCE INVESTMENTS, LLC Long Only Manager	$4.1M 26.4K shares
R Railway Pension Investments Ltd Institution	$3.8M 25.1K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$2.8M 18.5K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$2.5M 16.5K shares
Quantbot Technologies LLC Hedge Fund•Quant	$2.5M 16.2K shares
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$2.2M 14.2K shares

Options Activity

Institutions with the largest Call and Put options positions in RJF as of Q3 2025

Call Positions: 17
Call Value: $132.0M
Put Positions: 19
Put Value: $120.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$53.6M 3.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$28.1M 1.6K contracts
J JANE STREET GROUP, LLC Institution	$14.3M 830.0 contracts
W WOLVERINE TRADING, LLC Institution	$8.1M 460.0 contracts
Walleye Trading LLC RIA/Wealth	$4.3M 252.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$4.3M 248.0 contracts
P PEAK6 LLC Institution	$4.0M 229.0 contracts
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$3.1M 179.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$2.9M 168.0 contracts
P Prana Capital Management, LP Hedge Fund•Long/Short	$2.6M 150.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$33.5M 1.9K contracts
P PEAK6 LLC Institution	$19.5M 1.1K contracts
J JANE STREET GROUP, LLC Institution	$16.1M 930.0 contracts
Walleye Trading LLC RIA/Wealth	$11.6M 673.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$9.5M 548.0 contracts
W WOLVERINE TRADING, LLC Institution	$9.3M 528.0 contracts
Interval Partners, LLC Hedge Fund•Long/Short	$5.5M 317.0 contracts
B Bayview Asset Management, LLC Hedge Fund•Multi-Strategy	$3.0M 175.0 contracts
BARCLAYS PLC Institution	$2.6M 150.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$2.1M 122.0 contracts

Most Committed Institutions

Institutions with RJF as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
H Harfst & Associates, Inc. Institution	-	32.82% $177.9M	0.52% 1.0M shares	Q2 2015 Held for 10y 5m	$542.2M
I IAT REINSURANCE CO LTD. Institution	-	13.23% $51.5M	0.15% 298.1K shares	Q4 2014 Held for 10y 11m	$388.9M
Philo Smith Capital Corp Hedge Fund•Sector	James Earl Inglis President	6.39% $22.9M	0.07% 132.8K shares	Q3 2021 Held for 4y 2m	$358.4M
Peterson Wealth Services RIA/Wealth	Billy Cade Peterson CEO	6.00% $10.5M	0.02% 33.6K shares	Q4 2021 Held for 3y 11m	$175.6M
C CARL STUART INVESTMENT ADVISOR, INC RIA/Wealth	Lisa L Bocanegra President	4.62% $4.9M	0.01% 28.5K shares	Q1 2024 Held for 1y 8m	$106.4M
P Palmer Knight Co Institution	-	4.42% $9.3M	0.03% 54.0K shares	Q4 2018 Held for 6y 11m	$211.1M
S Stephens Consulting, LLC RIA/Wealth	Sheryl Elaine Stephens Managing Partner	2.98% $8.6M	0.03% 50.0K shares	Q4 2021 Held for 3y 11m	$290.0M
Greenfield Seitz Capital Management, LLC RIA/Wealth	Stuart Edwards Greenfield Managing Partner	2.80% $8.7M	0.03% 50.3K shares	Q4 2023 Held for 1y 11m	$310.2M
A AM INVESTMENT STRATEGIES LLC RIA/Wealth	Aon Douglas Miller Managing Partner	2.47% $11.1M	0.03% 64.1K shares	Q4 2022 Held for 2y 11m	$447.6M
DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC RIA/Wealth	Sean Adam Metrose President	2.30% $45.6M	0.13% 264.4K shares	≤ Q2 2013 Held for 12y 5m+	$2.0B

Hedge Fund Spotlight

Discover hedge funds investing in RJF

Quantinno Capital Management LP

Hedge Fund • Market Neutral

Portfolio ManagerHoon Nmn Kim

Portfolio Value: $36.6B
Positions: 2,911
Last Reported: Q3 2025

Sector Allocation

Position in Raymond James Financial

Market Value: $19.8M
Shares Held: 114.8K
Portfolio Weight: 0.05%
Owned Since: 2021-Q1

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