Who owns ARB
Which tracked institutional funds hold ARB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ARB company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
8 tracked funds added or opened ARB while 8 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
ARB’s largest tracked holder by dollar value, CANTOR FITZGERALD INVESTMENT ADVISORS L.P., sizes it at 1.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ARB 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 2026-Q1 and 2026-Q2, across 36 tracked filers holding ARB, 18 increased or opened the position and 17 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 ARB between the 2026-Q1 and 2026-Q2 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 3
- Diversify Advisory Services, LLC$4M
- Collaborative Fund Advisors, LLC$2M
- OPPENHEIMER & CO INC$1M
Full exits 3
- HighTower Advisors, LLC$4M
- JANE STREET GROUP, LLC$818K
- Apollon Wealth Management, LLC$549K
Largest adds
- New York Life Investment Management LLC$4M
- ENVESTNET ASSET MANAGEMENT INC$562K
- Dynamic Advisor Solutions LLC$523K
- GTS SECURITIES LLC$285K
- Steward Partners Investment Advisory, LLC$285K
Largest trims
- CITADEL ADVISORS LLC$5M
- RAYMOND JAMES FINANCIAL INC$1M
- Sonoma Allocations LLC$569K
- BANK OF AMERICA CORP /DE/$282K
- MORGAN STANLEY$282K
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| CANTOR FITZGERALD INVESTMENT ADVISORS L.P. trimmed | 620,587 | $18M | 16.2% | 2026-Q2 |
| New York Life Investment Management LLC added | 492,634 | $15M | 12.8% | 2026-Q2 |
| EP Wealth Advisors, LLC trimmed | 395,135 | $12M | 10.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 260,941 | $8M | 6.8% | 2026-Q2 |
| Legend Financial Advisors, Inc. added | 189,058 | $6M | 4.9% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 158,407 | $5M | 4.1% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC added | 129,033 | $4M | 3.4% | 2026-Q2 |
| Diversify Advisory Services, LLC added | 129,033 | $4M | 3.4% | 2026-Q2 |
| Dynamic Advisor Solutions LLC added | 88,589 | $3M | 2.3% | 2026-Q2 |
| PFG Advisors trimmed | 85,856 | $3M | 2.2% | 2026-Q2 |
| Collaborative Fund Advisors, LLC new | 75,953 | $2M | 2.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 73,196 | $2M | 1.9% | 2026-Q2 |
| Advisory Services Network, LLC | 63,586 | $2M | 1.7% | 2026-Q2 |
| Cetera Investment Advisers added | 59,386 | $2M | 1.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 57,934 | $2M | 1.5% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 53,912 | $2M | 1.4% | 2026-Q2 |
| Sonoma Allocations LLC trimmed | 39,941 | $1M | 1.0% | 2026-Q2 |
| OPPENHEIMER & CO INC new | 36,955 | $1M | 1.0% | 2026-Q2 |
| Columbus Macro, LLC added | 36,671 | $1M | 1.0% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 31,742 | $941K | 0.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 30,121 | $893K | 0.8% | 2026-Q2 |
| GTS SECURITIES LLC added | 25,097 | $744K | 0.7% | 2026-Q2 |
| ASSETMARK, INC added | 21,217 | $629K | 0.6% | 2026-Q2 |
| MORGAN STANLEY trimmed | 20,123 | $596K | 0.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 19,811 | $587K | 0.5% | 2026-Q2 |
| LPL Financial LLC trimmed | 14,501 | $430K | 0.4% | 2026-Q2 |
| Ancora Advisors LLC | 10,200 | $198K | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 5,780 | $171K | 0.2% | 2026-Q2 |
| Allworth Financial LP added | 3,815 | $113K | 0.1% | 2026-Q2 |
| Prosperity Bancshares Inc added | 3,031 | $90K | 0.1% | 2026-Q2 |
| PRIVATE TRUST CO NA | 1,194 | $35K | 0.0% | 2026-Q2 |
| Silver Grove Financial Group, Inc. new | 176 | $5K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 76 | $2K | 0.0% | 2026-Q2 |
| True Wealth Design, LLC | 54 | $2K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 45 | $1K | 0.0% | 2026-Q2 |
| Arax Advisory Partners new | 26 | $770 | 0.0% | 2026-Q2 |
| HighTower Advisors, LLC added | 141,307 | $4M | 3.6% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC added | 27,886 | $818K | 0.7% | 2026-Q1 stale (1 quarter behind) |
| Apollon Wealth Management, LLC new | 18,711 | $549K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| LongView Asset Management LLC added | 356,455 | $10M | 9.1% | 2025-Q4 stale (2 quarters behind) |
| Kestra Advisory Services, LLC new | 1,709 | $50K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| IFP Advisors, Inc new | 6 | $174 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| World Investment Advisors added | 11,177 | $324K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Advisors Preferred, LLC added | 8,913 | $259K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Fortitude Family Office, LLC new | 679 | $20K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| UBS Group AG trimmed | 8 | $232 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Atria Investments, Inc trimmed | 25,257 | $720K | 0.6% | 2025-Q2 stale (4 quarters behind) |
| Envestnet Portfolio Solutions, Inc. trimmed | 10,701 | $305K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Atria Wealth Solutions, Inc. trimmed | 8,925 | $254K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| KINGSWOOD WEALTH ADVISORS, LLC new | 7,750 | $221K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Ameritas Advisory Services, LLC new | 363 | $10K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| First Horizon Advisors, Inc. new | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.
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.