Reservoir Media, Inc.

RSVR • NASDAQ

Reservoir Media, Inc. is a entertainment company in the communication services sector on NASDAQ, led by Golnar Khosrowshahi, with a market cap of $499.1M. As of Q3 2025, 48% of shares are held by 72 institutional investors, with Richmond Hill Investments, LLC as the largest holder at 21.74%.

CEOGolnar Khosrowshahi

Market Cap$499.1M

Entertainment

Communication Services

Employees99.0

Websitereservoir-media.com

Country

United States of America

Overview

Overview of institutional ownership in RSVR as of Q3 2025 with a market cap of $533.7M

All Institutions

Institutions: 72
Value Held: $254.2M
Shares Held: 31.2M
Avg Position: $3.5M
Median Position: $240.0K

Hedge Funds

Hedge Funds: 9
Value Held: $179.6M
Shares Held: 22.1M
Avg Position: $20.0M
Median Position: $1.4M

Ownership Breakdown

Institutional (non-HF)

13.97%

$74.6M

Hedge Funds

33.66%

$179.6M

Retail & Other

52.36%

$279.4M

Based on market cap of $533.7M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in RSVR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
R Richmond Hill Investments, LLC Hedge Fund•Multi-Strategy	John Dong Joon Liu Managing Partner	$116.0M 60.46% of portfolio	21.74% 14.3M shares	Q3 2021 Held for 4y 2m	$191.9M
Irenic Capital Management LP Hedge Fund•Activist	Adam Jason Katz CIO	$46.2M 9.83% of portfolio	8.65% 5.7M shares	Q2 2023 Held for 2y 5m	$469.3M
FEDERATED INVESTORS INC /PA/ Long Only Manager	Gregory Philip Dulski Chairman	$15.4M 0.03% of portfolio	2.89% 1.9M shares	Q3 2021 Held for 4y 2m	$56.6B
B BlackRock, Inc. Institution	-	$11.2M 0.00% of portfolio	2.11% 1.4M shares	Q3 2021 Held for 4y 2m	$5.67T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$8.2M 0.00% of portfolio	1.54% 1.0M shares	Q2 2023 Held for 2y 5m	$466.32B
N Nantahala Capital Management, LLC Hedge Fund•Multi-Strategy	Daniel J. Mack Managing Partner	$7.7M 0.48% of portfolio	1.45% 951.0K shares	Q3 2023 Held for 2y 2m	$1.6B
A AWM Investment Company, Inc. Hedge Fund•Event Driven	David Michael Greenhouse President	$6.9M 0.65% of portfolio	1.29% 847.6K shares	Q3 2021 Held for 4y 2m	$1.1B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$5.5M 0.00% of portfolio	1.04% 680.1K shares	Q3 2021 Held for 4y 2m	$6.69T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$5.2M 0.00% of portfolio	0.98% 641.1K shares	Q3 2021 Held for 4y 2m	$1.57T
R Russell Investments Group, Ltd. RIA/Wealth	Harry Leslie Russell President	$3.9M 0.00% of portfolio	0.73% 480.9K shares	Q4 2022 Held for 2y 11m	$87.9B

Net Capital Flow

Institutional buying and selling activity for RSVR in Q3 2025

Traded: +$295.7K
Buyers: 37
Sellers: 22
Total Bought: +$7.2M
Total Sold: −$6.9M
Avg Position: $3.3M

Biggest Buyers

Institution	Net Bought	Current Position
M Mill Road Capital Management LLC Private Equity	+$2.5M +304.6K shares	$2.7M 327.7K shares
Irenic Capital Management LP Hedge Fund•Activist	+$1.4M +177.4K shares	$46.2M 5.7M shares
B BlackRock, Inc. Institution	+$462.1K +56.8K shares	$11.2M 1.4M shares
R Russell Investments Group, Ltd. RIA/Wealth	+$389.2K +47.8K shares	$3.9M 480.9K shares
E EXCHANGE TRADED CONCEPTS, LLC Institution	+$385.0K +47.3K shares	$385.0K 47.3K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$280.6K +34.5K shares	$8.2M 1.0M shares
J JANE STREET GROUP, LLC Institution	+$252.6K +31.0K shares	$252.6K 31.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$230.7K +28.3K shares	$230.7K 28.3K shares
S SIMPLEX TRADING, LLC Institution	+$214.9K +26.4K shares	$249.3K 30.6K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$172.8K +21.2K shares	$377.6K 46.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
N Nantahala Capital Management, LLC Hedge Fund•Multi-Strategy	−$4.0M −491.2K shares	$7.7M 951.0K shares
FEDERATED INVESTORS INC /PA/ Long Only Manager	−$814.0K −100.0K shares	$15.4M 1.9M shares
SANDERS MORRIS HARRIS INC. Long Only Manager	−$466.0K −57.3K shares	$3.7M 450.0K shares
Invesco Ltd. ETF Provider	−$329.5K −40.5K shares	$89.6K 11.0K shares
H HRT FINANCIAL LLC Institution	−$265.8K −34.6K shares	Sold Off 0 shares
Integrated Quantitative Investments LLC Long Only Manager	−$257.7K −33.6K shares	Sold Off 0 shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$181.3K −22.3K shares	$169.6K 20.8K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	−$134.1K −16.5K shares	$317.0K 38.9K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$96.6K −12.6K shares	Sold Off 0 shares
Robeco Investment Management, Inc. Long Only Manager	−$90.1K −11.1K shares	$726.5K 89.2K shares

Entry and Exit Activity

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

New Positions: 3
New Value: $19.6K
Exited Positions: 5
Exited Value: $623.9K

New Positions

Institution	Position Value
S State of Alaska, Department of Revenue Institution	$16.9K 2.1K shares
O Optiver Holding B.V. Institution	$2.4K 294.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$268.0 33.0 shares

Exited Positions

Institution	Previous Position
H HRT FINANCIAL LLC Institution	$265.8K 34.6K shares
Integrated Quantitative Investments LLC Long Only Manager	$257.7K 33.6K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$96.6K 12.6K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$3.1K 400.0 shares
Larson Financial Group LLC RIA/Wealth	$713.0 93.0 shares

Options Activity

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

Call Positions: 3
Call Value: $1.4M
Put Positions: 3
Put Value: $4.5M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$515.3K 633.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$481.1K 591.0 contracts
J JANE STREET GROUP, LLC Institution	$442.0K 543.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.9M 3.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$971.1K 1.2K contracts
J JANE STREET GROUP, LLC Institution	$599.1K 736.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
R Richmond Hill Investments, LLC Hedge Fund•Multi-Strategy	John Dong Joon Liu Managing Partner	60.46% $116.0M	21.74% 14.3M shares	Q3 2021 Held for 4y 2m	$191.9M
Irenic Capital Management LP Hedge Fund•Activist	Adam Jason Katz CIO	9.83% $46.2M	8.65% 5.7M shares	Q2 2023 Held for 2y 5m	$469.3M
M Mill Road Capital Management LLC Private Equity	Thomas Edward Lynch Chairman	1.39% $2.7M	0.50% 327.7K shares	Q2 2025 Held for 5 months	$191.8M
Hurley Capital, LLC RIA/Wealth	Charles Howard Goldblum Managing Partner	0.76% $1.3M	0.24% 156.9K shares	Q4 2024 Held for 11 months	$167.4M
A AWM Investment Company, Inc. Hedge Fund•Event Driven	David Michael Greenhouse President	0.65% $6.9M	1.29% 847.6K shares	Q3 2021 Held for 4y 2m	$1.1B
SANDERS MORRIS HARRIS INC. Long Only Manager	Anthony Paul Coniaris Chairman	0.49% $3.7M	0.69% 450.0K shares	Q3 2021 Held for 4y 2m	$750.1M
N Nantahala Capital Management, LLC Hedge Fund•Multi-Strategy	Daniel J. Mack Managing Partner	0.48% $7.7M	1.45% 951.0K shares	Q3 2023 Held for 2y 2m	$1.6B
E E&G Advisors, LP RIA/Wealth	Mark Emory Easley CEO	0.05% $203.5K	0.04% 25.0K shares	Q3 2024 Held for 1y 2m	$429.1M
CWM Advisors, LLC ETF Provider	Robert John Netzly CEO	0.04% $461.1K	0.09% 56.7K shares	Q2 2024 Held for 1y 5m	$1.0B
First Pacific Advisors, LLC Long Only Manager	Steven Todd Romick CEO	0.04% $2.7M	0.50% 329.1K shares	Q3 2024 Held for 1y 2m	$7.1B

Hedge Fund Spotlight

Discover hedge funds investing in RSVR

Squarepoint Ops LLC

Hedge Fund • Quant

Portfolio ManagerMichael Gottlieb

Portfolio Value: $46.9B
Positions: 2,529
Last Reported: Q3 2025

Sector Allocation

Position in Reservoir Media, Inc.

Market Value: $169.6K
Shares Held: 20.8K
Portfolio Weight: 0.00%
Owned Since: 2024-Q3

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