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Institutional Ownership · SEC Form 13F

Who owns AVDS (AVDS)


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

62
Institutional holders
2,233,337
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on AVDS is one-sided between 2025-Q4 and 2026-Q1: 16 added or opened and 3 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

AVDS’s largest tracked holder by dollar value, True North Advisors, LLC, sizes it at 3.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in AVDS 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 62 tracked filers holding AVDS, 42 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 AVDS 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 6

  • ADAMSBROWN WEALTH CONSULTANTS LLC$9M
  • Nvest Wealth Strategies, Inc.$4M
  • BOYUM WEALTH ARCHITECTS LLC$3M
  • JANE STREET GROUP, LLC$2M
  • Mariner, LLC$1M
  • Werba Rubin Papier Wealth Management$715K

Full exits 1

  • GTS SECURITIES LLC$2M

Largest adds

  • True North Advisors, LLC$29M
  • AMERICAN CENTURY COMPANIES INC$4M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
  • CWM, LLC$2M
  • Integrated Wealth Concepts LLC$987K
  • PARK AVENUE SECURITIES LLC$859K

Largest trims

  • Freedom Investment Management, Inc.$1M
  • MML INVESTORS SERVICES, LLC$949K

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
True North Advisors, LLC added409,040$29M17.6%2026-Q1
AMERICAN CENTURY COMPANIES INC added253,055$18M10.9%2026-Q1
Freedom Investment Management, Inc. trimmed205,183$15M8.8%2026-Q1
CWM, LLC added173,363$12M7.5%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added160,597$12M6.9%2026-Q1
ADAMSBROWN WEALTH CONSULTANTS LLC new119,677$9M5.1%2026-Q1
PARK AVENUE SECURITIES LLC added94,352$7M4.1%2026-Q1
Simplicity Wealth,LLC trimmed85,631$6M3.7%2026-Q1
Cornerstone Wealth Partners, LLC added78,805$6M3.4%2026-Q1
Nvest Wealth Strategies, Inc. new56,116$4M2.4%2026-Q1
OneDigital Investment Advisors LLC trimmed53,748$4M2.3%2026-Q1
Integrated Wealth Concepts LLC added49,641$4M2.1%2026-Q1
Kelman-Lazarov, Inc. trimmed49,358$4M2.1%2026-Q1
BOYUM WEALTH ARCHITECTS LLC new43,374$3M2.0%2026-Q1
MML INVESTORS SERVICES, LLC trimmed35,598$3M1.5%2026-Q1
JANE STREET GROUP, LLC added31,956$2M1.4%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added27,422$2M1.2%2026-Q1
LAM GROUP, INC. added20,900$2M0.9%2026-Q1
CoreCap Advisors, LLC added18,795$1M0.8%2026-Q1
Plancorp, LLC added16,323$1M0.7%2026-Q1
Mariner, LLC new17,198$1M0.7%2026-Q1
ENDEAVOR PRIVATE WEALTH, INC. added15,692$1M0.7%2026-Q1
DIXON FNANCIAL SERVICES, INC.14,540$1M0.6%2026-Q1
Atlanta Consulting Group Advisors, LLC added14,067$1M0.6%2026-Q1
Farther Finance Advisors, LLC added13,585$998K0.6%2026-Q1
Cloud Capital Management, LLC added13,225$949K0.6%2026-Q1
Three Arch Wealth Management LLC trimmed12,975$932K0.6%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added12,918$928K0.6%2026-Q1
Ariadne Wealth Management, LP12,244$880K0.5%2026-Q1
Evanson Asset Management, LLC added12,053$866K0.5%2026-Q1
Werba Rubin Papier Wealth Management trimmed9,945$715K0.4%2026-Q1
Colorado Capital Management, Inc. added9,380$674K0.4%2026-Q1
Breakwater Capital Group added8,284$595K0.4%2026-Q1
LPL Financial LLC added7,775$559K0.3%2026-Q1
Summit Financial, LLC added7,332$527K0.3%2026-Q1
CARDIFF PARK ADVISORS, LLC added7,128$512K0.3%2026-Q1
WorthPointe, LLC added7,111$511K0.3%2026-Q1
Ruedi Wealth Management, Inc.6,766$486K0.3%2026-Q1
Integrity Wealth Solutions LLC trimmed5,060$364K0.2%2026-Q1
ANDERSON HOAGLAND & CO new4,895$352K0.2%2026-Q1
B&D White Capital Company, LLC added4,838$348K0.2%2026-Q1
IFP Advisors, Inc new4,330$311K0.2%2026-Q1
Kestra Advisory Services, LLC added4,195$301K0.2%2026-Q1
Factor Wealth Management LTD added3,938$283K0.2%2026-Q1
Haven Private, LLC3,843$276K0.2%2026-Q1
Tillman Hartley LLC3,626$261K0.2%2026-Q1
Lionshead Wealth Management, LLC trimmed3,003$216K0.1%2026-Q1
Hardin Capital Partners, LLC trimmed2,884$207K0.1%2026-Q1
Ascentis Independent Advisors trimmed2,541$183K0.1%2026-Q1
ATWOOD & PALMER INC1,706$123K0.1%2026-Q1
Dogwood Wealth Management LLC trimmed1,561$112K0.1%2026-Q1
WELLS FARGO & COMPANY/MN new1,026$74K0.0%2026-Q1
Harbor Asset Planning, Inc.225$16K0.0%2026-Q1
Allworth Financial LP188$14K0.0%2026-Q1
JPMORGAN CHASE & CO85$6K0.0%2026-Q1
AE Wealth Management LLC trimmed57$4K0.0%2026-Q1
HARBOR INVESTMENT ADVISORY, LLC new55$4K0.0%2026-Q1
ALBION FINANCIAL GROUP /UT new51$4K0.0%2026-Q1
Strategic Wealth Partners, Ltd. added40$3K0.0%2026-Q1
Trust Co new21$2K0.0%2026-Q1
ROYAL BANK OF CANADA new10$1K0.0%2026-Q1
Root Financial Partners, LLC new7$5030.0%2026-Q1
CITADEL ADVISORS LLC added52,385$4M2.1%2025-Q3 stale
GTS SECURITIES LLC new31,356$2M1.3%2025-Q4 stale
PFG Private Wealth Management, LLC new4,320$292K0.2%2025-Q3 stale
Westwood Wealth Management new3,477$243K0.1%2025-Q4 stale
MidAtlantic Capital Management, Inc. new303$21K0.0%2025-Q4 stale
Global Retirement Partners, LLC trimmed90$6K0.0%2025-Q4 stale
PrairieView Partners, LLC100.0%2025-Q2 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.

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