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Institutional Ownership · SEC Form 13F

Who owns AAP (AAP)


Which tracked institutional funds hold AAP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See AAP company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

358
Institutional holders
71,990,601
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on AAP is one-sided between 2025-Q4 and 2026-Q1: 137 added or opened and 44 trimmed or exited — on balance accumulating.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

AAP’s largest tracked holder by dollar value, PRICE T ROWE ASSOCIATES INC /MD/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in AAP divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 357 tracked filers holding AAP, 178 increased or opened the position and 169 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in AAP between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 20

  • VANGUARD PORTFOLIO MANAGEMENT LLC$191M
  • VANGUARD CAPITAL MANAGEMENT LLC$142M
  • VANGUARD FIDUCIARY TRUST CO$20M
  • OCCUDO QUANTITATIVE STRATEGIES LP$4M
  • NFJ INVESTMENT GROUP, LLC$3M
  • VANGUARD ASSET MANAGEMENT, Ltd$3M

Full exits 19

  • VANGUARD GROUP INC$249M
  • Medina Value Partners, LLC$12M
  • BRIDGEWAY CAPITAL MANAGEMENT, LLC$11M
  • Atom Investors LP$6M
  • RENAISSANCE TECHNOLOGIES LLC$6M
  • Brandywine Global Investment Management, LLC$4M

Largest adds

  • PRICE T ROWE ASSOCIATES INC /MD/$127M
  • PZENA INVESTMENT MANAGEMENT LLC$71M
  • FEDERATED HERMES, INC.$50M
  • DIMENSIONAL FUND ADVISORS LP$40M
  • FULLER & THALER ASSET MANAGEMENT, INC.$40M
  • H PARTNERS MANAGEMENT, LLC$36M

Largest trims

  • BlackRock, Inc.$16M
  • FMR LLC$14M
  • SEGALL BRYANT & HAMILL, LLC$5M
  • Empowered Funds, LLC$5M
  • BNP PARIBAS FINANCIAL MARKETS$5M
  • Jump Financial, LLC$5M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
PRICE T ROWE ASSOCIATES INC /MD/ added7,984,998$421M10.3%2026-Q1
BlackRock, Inc. trimmed6,346,566$335M8.2%2026-Q1
PZENA INVESTMENT MANAGEMENT LLC added4,301,089$227M5.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new3,620,603$191M4.7%2026-Q1
FEDERATED HERMES, INC. added3,042,695$161M3.9%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. added2,828,907$149M3.7%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new2,696,717$142M3.5%2026-Q1
STATE STREET CORP trimmed2,434,041$128M3.1%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,127,948$112M2.7%2026-Q1
AMERICAN CENTURY COMPANIES INC trimmed1,726,639$91M2.2%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added1,468,476$77M1.9%2026-Q1
COOPER CREEK PARTNERS MANAGEMENT LLC trimmed1,437,703$76M1.9%2026-Q1
AMERIPRISE FINANCIAL INC added1,419,997$75M1.8%2026-Q1
H PARTNERS MANAGEMENT, LLC added1,350,000$71M1.7%2026-Q1
Maple Rock Capital Partners Inc. trimmed1,298,140$68M1.7%2026-Q1
ROYCE & ASSOCIATES LP trimmed1,223,902$65M1.6%2026-Q1
UBS Group AG trimmed1,175,136$62M1.5%2026-Q1
FMR LLC trimmed1,174,377$62M1.5%2026-Q1
BANK OF AMERICA CORP /DE/ added1,056,281$56M1.4%2026-Q1
GOLDMAN SACHS GROUP INC added1,026,640$54M1.3%2026-Q1
Thrivent Financial for Lutherans added974,935$51M1.3%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed819,163$43M1.1%2026-Q1
Legion Partners Asset Management, LLC800,750$42M1.0%2026-Q1
GAMCO INVESTORS, INC. ET AL added760,222$40M1.0%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed724,340$38M0.9%2026-Q1
T. Rowe Price Investment Management, Inc. added723,314$38M0.9%2026-Q1
Dorsal Capital Management, LP700,000$37M0.9%2026-Q1
Estuary Capital Management LP trimmed677,616$36M0.9%2026-Q1
PRIVATE MANAGEMENT GROUP INC added603,723$32M0.8%2026-Q1
NORTHERN TRUST CORP added603,468$32M0.8%2026-Q1
Allianz Asset Management GmbH trimmed599,660$32M0.8%2026-Q1
MORGAN STANLEY trimmed505,662$27M0.7%2026-Q1
Bank of New York Mellon Corp trimmed468,727$25M0.6%2026-Q1
WELLS FARGO & COMPANY/MN added455,720$24M0.6%2026-Q1
SEGALL BRYANT & HAMILL, LLC trimmed395,489$21M0.5%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added398,998$21M0.5%2026-Q1
Walleye Capital LLC added398,097$21M0.5%2026-Q1
VANGUARD FIDUCIARY TRUST CO new388,191$20M0.5%2026-Q1
Parkwood LLC trimmed380,155$20M0.5%2026-Q1
Bragg Financial Advisors, Inc added375,959$20M0.5%2026-Q1
CITADEL ADVISORS LLC added343,988$18M0.4%2026-Q1
FIL Ltd trimmed328,900$17M0.4%2026-Q1
CITIGROUP INC added303,709$16M0.4%2026-Q1
Invesco Ltd. trimmed299,835$16M0.4%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added291,709$15M0.4%2026-Q1
Point72 Asset Management, L.P. added279,400$15M0.4%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added255,936$14M0.3%2026-Q1
MILLENNIUM MANAGEMENT LLC added245,765$13M0.3%2026-Q1
Russell Investments Group, Ltd. trimmed216,115$11M0.3%2026-Q1
Public Sector Pension Investment Board added214,737$11M0.3%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed214,002$11M0.3%2026-Q1
RAYMOND JAMES FINANCIAL INC added206,494$11M0.3%2026-Q1
CRAMER ROSENTHAL MCGLYNN LLC added202,665$11M0.3%2026-Q1
Schonfeld Strategic Advisors LLC added196,450$10M0.3%2026-Q1
Great Hill Capital LLC added178,596$9M0.2%2026-Q1
RHUMBLINE ADVISERS added175,191$9M0.2%2026-Q1
Nuveen, LLC trimmed174,563$9M0.2%2026-Q1
Susquehanna Portfolio Strategies, LLC added172,786$9M0.2%2026-Q1
Elgethun Capital Management added171,933$9M0.2%2026-Q1
Solas Capital Management, LLC trimmed169,163$9M0.2%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added160,414$8M0.2%2026-Q1
Legal & General Group Plc trimmed158,555$8M0.2%2026-Q1
FRANKLIN RESOURCES INC added129,330$7M0.2%2026-Q1
ROYAL BANK OF CANADA added126,696$7M0.2%2026-Q1
Cygnus Capital Advisors, LLC added126,178$7M0.2%2026-Q1
GABELLI FUNDS LLC added125,899$7M0.2%2026-Q1
GROUP ONE TRADING LLC added122,170$6M0.2%2026-Q1
HRT FINANCIAL LP added122,040$6M0.2%2026-Q1
IMC-Chicago, LLC added121,593$6M0.2%2026-Q1
Swiss National Bank118,300$6M0.2%2026-Q1
Goodman Financial Corp trimmed117,561$6M0.2%2026-Q1
MARSHALL WACE, LLP trimmed108,759$6M0.1%2026-Q1
Gotham Asset Management, LLC trimmed108,604$6M0.1%2026-Q1
Savoir Faire Capital Management, L.P. trimmed104,953$6M0.1%2026-Q1
CSM Advisors, LLC added100,576$5M0.1%2026-Q1
BARCLAYS PLC trimmed86,368$5M0.1%2026-Q1
SEI INVESTMENTS CO added75,520$4M0.1%2026-Q1
JPMORGAN CHASE & CO trimmed74,707$4M0.1%2026-Q1
California Public Employees Retirement System trimmed72,089$4M0.1%2026-Q1
VANGUARD GROUP INC trimmed6,336,049$249M6.1%2025-Q4 stale
Invenomic Capital Management LP added630,595$29M0.7%2025-Q2 stale
NORGES BANK added716,078$28M0.7%2025-Q3 stale
Capital World Investors trimmed558,628$22M0.5%2025-Q1 stale
TWO SIGMA ADVISERS, LP trimmed463,100$22M0.5%2025-Q2 stale
Anomaly Capital Management, LP new237,003$15M0.4%2025-Q3 stale
Medina Value Partners, LLC new306,655$12M0.3%2025-Q4 stale
Tairen Capital Ltd trimmed251,110$12M0.3%2025-Q2 stale
BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed284,052$11M0.3%2025-Q4 stale
JUPITER ASSET MANAGEMENT LTD added220,195$10M0.3%2025-Q2 stale
River Road Asset Management, LLC trimmed227,039$9M0.2%2025-Q1 stale
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added175,280$8M0.2%2025-Q2 stale
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added173,023$8M0.2%2025-Q2 stale
TOWLE & CO trimmed165,656$8M0.2%2025-Q2 stale
STEADFAST CAPITAL MANAGEMENT LP new123,000$8M0.2%2025-Q3 stale
Edgestream Partners, L.P. added104,221$6M0.2%2025-Q3 stale
Atom Investors LP added150,108$6M0.1%2025-Q4 stale
New Age Alpha Advisors, LLC trimmed95,723$6M0.1%2025-Q3 stale
RENAISSANCE TECHNOLOGIES LLC added142,650$6M0.1%2025-Q4 stale
CASTLEARK MANAGEMENT LLC new70,705$4M0.1%2025-Q3 stale
PURSUE WEALTH PARTNERS LLC trimmed65,664$4M0.1%2025-Q3 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership