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Institutional Ownership · SEC Form 13F

Who owns AVAL


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

47
Institutional holders
4M
Shares held (tracked funds)

How the tape is positioned

4 tracked funds added or opened AVAL while 3 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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

AVAL’s largest tracked holder by dollar value, Truffle Hound Capital, LLC, sizes it at 3.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in AVAL 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 47 tracked filers holding AVAL, 27 increased or opened the position and 15 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 AVAL 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 1

  • Banco BTG Pactual S.A.$595K

Largest adds

  • Pekin Hardy Strauss, Inc.$604K
  • Stokes Family Office, LLC$567K
  • RENAISSANCE TECHNOLOGIES LLC$520K

Largest trims

  • Truffle Hound Capital, LLC$725K
  • MARSHALL WACE, LLP$610K
  • MILLENNIUM MANAGEMENT LLC$401K

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
Truffle Hound Capital, LLC trimmed1,400,000$6M29.9%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added895,772$4M19.1%2026-Q1
Pekin Hardy Strauss, Inc. added493,850$2M10.5%2026-Q1
Stokes Family Office, LLC added209,189$920K4.5%2026-Q1
Banco BTG Pactual S.A. added135,321$595K2.9%2026-Q1
DIMENSIONAL FUND ADVISORS LP added132,619$580K2.8%2026-Q1
Massar Capital Management, LP130,000$572K2.8%2026-Q1
MARSHALL WACE, LLP trimmed114,673$505K2.4%2026-Q1
BlackRock, Inc. added106,901$470K2.3%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed89,676$395K1.9%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed86,685$381K1.9%2026-Q1
Kerrisdale Advisers, LLC75,000$330K1.6%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added72,612$319K1.6%2026-Q1
Sage Investment Counsel LLC added60,955$268K1.3%2026-Q1
First Affirmative Financial Network72,977$241K1.2%2026-Q1
BTG Pactual Asset Management US LLC added35,715$157K0.8%2026-Q1
Inspire Advisors, LLC trimmed32,893$145K0.7%2026-Q1
SmartHarvest Portfolios, LLC added25,507$112K0.5%2026-Q1
Stelac Advisory Services LLC new25,125$111K0.5%2026-Q1
XTX Topco Ltd added24,533$108K0.5%2026-Q1
UBS Group AG added22,044$97K0.5%2026-Q1
Inspire Investing, LLC trimmed20,884$92K0.4%2026-Q1
Vise Technologies, Inc.20,017$81K0.4%2026-Q1
National Philanthropic Trust added17,986$79K0.4%2026-Q1
NATURAL INVESTMENTS, LLC added18,164$79K0.4%2026-Q1
Plan A Wealth LLC trimmed15,216$67K0.3%2026-Q1
Apollon Wealth Management, LLC new12,608$55K0.3%2026-Q1
QUADRANT CAPITAL GROUP LLC added4,219$49K0.2%2026-Q1
HBK Sorce Advisory LLC trimmed10,000$45K0.2%2026-Q1
MORGAN STANLEY added10,096$44K0.2%2026-Q1
EverSource Wealth Advisors, LLC trimmed1,299$31K0.2%2026-Q1
ASSETMARK, INC added4,534$20K0.1%2026-Q1
JPMORGAN CHASE & CO trimmed3,493$15K0.1%2026-Q1
RHUMBLINE ADVISERS3,288$14K0.1%2026-Q1
WELLS FARGO & COMPANY/MN trimmed2,500$11K0.1%2026-Q1
Larson Financial Group LLC new1,694$7K0.0%2026-Q1
Farther Finance Advisors, LLC added968$4K0.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed704$3K0.0%2026-Q1
SIGNATUREFD, LLC614$3K0.0%2026-Q1
Physician Wealth Advisors, Inc. trimmed318$1K0.0%2026-Q1
Allworth Financial LP159$7000.0%2026-Q1
Stone House Investment Management, LLC new131$5760.0%2026-Q1
Parallel Advisors, LLC69$3040.0%2026-Q1
SBI Securities Co., Ltd.44$1940.0%2026-Q1
NISA INVESTMENT ADVISORS, LLC new32$1410.0%2026-Q1
IMA Advisory Services, Inc. new31$1360.0%2026-Q1
Caitong International Asset Management Co., Ltd new1$40.0%2026-Q1
CITADEL ADVISORS LLC trimmed71,742$291K1.4%2025-Q4 stale
FLOW TRADERS U.S. LLC new86,105$235K1.1%2025-Q1 stale
J. Safra Sarasin Holding AG70,299$198K1.0%2025-Q2 stale
Dauntless Investment Group, LLC new58,887$161K0.8%2025-Q1 stale
JANE STREET GROUP, LLC added55,124$155K0.8%2025-Q2 stale
HRT FINANCIAL LP new36,113$101K0.5%2025-Q2 stale
GTS SECURITIES LLC new17,130$69K0.3%2025-Q4 stale
GOLDMAN SACHS GROUP INC trimmed13,306$37K0.2%2025-Q2 stale
Virtu Financial LLC trimmed11,049$31K0.2%2025-Q2 stale
SAGE ADVISORS, LLC new10,809$30K0.1%2025-Q1 stale
CITIGROUP INC added4,896$13K0.1%2025-Q1 stale
MAI Capital Management new913$3K0.0%2025-Q2 stale
Bell Investment Advisors, Inc596$2K0.0%2025-Q3 stale
PRINCIPAL SECURITIES, INC.114$2310.0%2025-Q1 stale
BANK OF AMERICA CORP /DE/ trimmed3$120.0%2025-Q4 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%2025-Q2 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