Who owns ARBV
Which tracked institutional funds hold ARBV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ARBV company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
Conviction spread
ARBV’s largest tracked holder by dollar value, PL Capital Advisors, LLC, sizes it at 4.1% of its own reported 13F book, while the median holder sizes it at 2.6% of theirs — a 1.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ARBV 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
Only 4 institutional filer(s) hold this name — too few for a reliable accumulation read. The smart-money signal needs at least 5 filers.
We do not publish a positioning read for a window we cannot measure honestly. A starting question, not a verdict.
New buyers & exits
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.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| PL Capital Advisors, LLC | 569,500 | $13M | 46.6% | 2026-Q1 |
| Ategra Capital Management, LLC | 380,700 | $9M | 31.1% | 2026-Q1 |
| Siena Capital Partners GP, LLC | 183,328 | $4M | 15.0% | 2026-Q1 |
| BANC FUNDS CO LLC trimmed | 89,380 | $2M | 7.3% | 2026-Q1 |
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.