RPO LLC

Registered adviser

CIK

1885066

Location

Stamford, CT

Portfolio Value

Micro $20,848,568

Diversification

Diversified

Filing Date

Global Rank

#8,715 / 8,827 ▼ 41

Top Industry

Asset Management 99.6%

Period ended 4 months ago

Filed Aug 13, 2026 · 3mo

19 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 318296

Roster of Nov 1, 2026

Regulatory AUM

$372,098,298

Main clients

Individuals and high net worth (53% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$120,361,661 gross assets

Private funds on Schedule D 7.B.(1)

As filed May 7, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$117,761,969 gross assets in 1 fund Hedge funds $117,761,969 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
May 2026 to Nov 2026	$372,098,298	Individuals and high net worth (53%)
Apr 2026	$377,098,298	Individuals and high net worth (52%)
Apr 2025 to Mar 2026	$292,883,483	Pooled investment vehicles (51%)
Apr 2024 to Mar 2025	$270,784,862	Pooled investment vehicles (55%)
Jan 2024 to Mar 2024	$241,294,728	Pooled investment vehicles (54%)
May 2023 to Dec 2023	$287,819,675	Pooled investment vehicles (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 95.1% of the book (60%+)

Turnover

Medium turnover

73.5% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 6.3 quarters (4 to under 12)

Closest benchmark: the Russell 2000 as of 2026-06-30, active share 99.9%; sector active share 77.4% against the combined 13F book's sector weights.

Over time 19 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

18 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

20.1%

−5.3 pts

Top 5

77.3%

+16.1 pts

Top 10

90.9%

+10.4 pts

HHI

1,349

Diversified+234

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	62.5%	$13,040,392	9
Unclassified	37.2%	$7,750,894	6
Technology	0.3%	$52,977	2
Energy	0.0%	$4,305	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
ASG	Liberty All Star Growth Fund Inc.	+200,185	571,839	$3,127,959
USA	Liberty All Star Equity Fund	+116,500	690,200	$4,010,062
ETJ	Eaton Vance Risk-Managed Diversified Equity Income Fund	+22,000	41,442	$342,725
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
SABA	Saba Capital Income & Opportunities Fund II	−73,239	49,907	$416,723
BSOL	Bitwise Solana Staking ETF	−46,350	40,350	$403,903
GLQ	Clough Global Equity Fund	−25,500	56,323	$485,504
ETHB	iShares Staked Ethereum Trust ETF	−15,600	15,600	$316,680
BZAIW	Blaize Holdings, Inc.	−7,200	38,320	$12,657
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
XRPZ	Franklin XRP Trust	79,050	$897,217
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
ETH	Grayscale Ethereum Staking Mini ETF	80,800	$1,604,688
XFLT	XAI Floating Rate & Alternative Income Trust	89,904	$1,544,550
SOEZ	Franklin Solana Trust	57,400	$817,376
FETH	Fidelity Ethereum Fund	35,700	$745,416
VSOL	VanEck Solana ETF	65,395	$713,263
BRW	Saba Capital Income & Opportunities Fund	94,567	$637,381
CUK	CARNIVAL PLC	11,110	$286,305
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

18 tracked positions · $20,848,568 total · filing declares 22 positions · $30,386,939 · as of Jun 30, 2026

All sectors Energy Financial Services Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IBIT	iShares Bitcoin Trust ETF PUT CALL	NEW	125,900	NEW	$4,191,211	NEW	—	—	20.10%
USA	Liberty All Star Equity Fund Financial Services	Added	690,200	+116,500	$4,010,062	+25.9%	3	$6.15	19.23%
STEW	SRH Total Return Fund, Inc. Financial Services	Held	178,990	0	$3,203,921	+4.7%	13	$13.88	15.37%
ASG	Liberty All Star Growth Fund Inc. Financial Services	Added	571,839	+200,185	$3,127,959	+77.2%	3	$5.23	15.00%
USO	United States Oil Fund, LP PUT CALL	Reduced	14,900	-38,600	$1,585,956	−76.7%	—	—	7.61%
XRPZ	Franklin XRP Trust	NEW	79,050	NEW	$897,217	NEW	1	$14.19	4.30%
GLO	Clough Global Opportunities Fund Financial Services	Held	91,479	0	$559,851	+9.9%	13	$4.77	2.69%
GLQ	Clough Global Equity Fund Financial Services	Reduced	56,323	-25,500	$485,504	−21.2%	13	$6.01	2.33%
GLV	Clough Global Dividend & Income Fund Financial Services	Held	70,753	0	$469,799	+12.2%	13	$5.39	2.25%
CHW	Calamos Global Dynamic Income Fund Financial Services	Held	47,570	0	$423,848	+22.7%	13	$5.90	2.03%
SABA	Saba Capital Income & Opportunities Fund II Financial Services	Reduced	49,907	-73,239	$416,723	−59.3%	2	$8.16	2.00%
BSOL	Bitwise Solana Staking ETF	Reduced	40,350	-46,350	$403,903	−57.8%	3	$18.62	1.94%
UVXY	PUT	Held	14,300	0	$355,927	−52.4%	—	—	1.71%
ETJ	Eaton Vance Risk-Managed Diversified Equity Income Fund Financial Services	Added	41,442	+22,000	$342,725	+115.8%	3	$8.58	1.64%
ETHB	iShares Staked Ethereum Trust ETF	Reduced	15,600	-15,600	$316,680	−62.4%	2	unpriced	1.52%
BULLW	Webull Corp Technology	Held	21,000	0	$40,320	+40.1%	5	$2.65	0.19%
BZAIW	Blaize Holdings, Inc. Technology	Reduced	38,320	-7,200	$12,657	−26.8%	6	unpriced	0.06%
ANNAW	AleAnna, Inc. Energy	Held	13,896	0	$4,305	−61.8%	7	unpriced	0.02%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.