Who owns AVLV
Which tracked institutional funds hold AVLV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See AVLV company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 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
The tracked-fund tape on AVLV is one-sided between 2026-Q1 and 2026-Q2: 309 added or opened and 43 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
AVLV’s largest tracked holder by dollar value, NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO, sizes it at 1.6% of its own reported 13F book, while the median holder sizes it at 2.0% of theirs — a 0.5pp gap the other way — the median holder sizes AVLV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in AVLV 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 544 tracked filers holding AVLV, 374 increased or opened the position and 157 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 AVLV 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 47
- TWO SIGMA INVESTMENTS, LP$76M
- Waterloo Capital, L.P.$46M
- MASON STREET ADVISORS, LLC$43M
- Armstrong, Fleming & Moore, Inc$41M
- Integrated Wealth Concepts LLC$38M
- River Road Asset Management, LLC$27M
Full exits 25
- Prime Capital Investment Advisors, LLC$94M
- PARK AVENUE SECURITIES LLC$57M
- Thrivent Financial for Lutherans$56M
- Opus Capital Group, LLC$40M
- McIlrath & Eck, LLC$20M
- Keener Financial Planning LLC$19M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$2.8B
- PNC Financial Services Group, Inc.$640M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$222M
- LPL Financial LLC$116M
- AMERIPRISE FINANCIAL INC$111M
- AMERICAN CENTURY COMPANIES INC$99M
Largest trims
- FIFTH THIRD BANCORP$92M
- Global Strategic Investment Solutions, LLC$13M
- TUDOR INVESTMENT CORP ET AL$9M
- KMG FIDUCIARY PARTNERS, LLC$9M
- Pacific Life Fund Advisors LLC$7M
- Northland Capital Management LLC$6M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% 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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 32,368,237 | $3.0B | 22.4% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 18,702,541 | $1.7B | 12.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 9,778,034 | $892M | 6.8% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 9,226,406 | $843M | 6.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 4,620,546 | $423M | 3.2% | 2026-Q2 |
| LPL Financial LLC added | 4,005,109 | $365M | 2.8% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 3,608,727 | $329M | 2.5% | 2026-Q2 |
| Focus Partners Wealth added | 2,734,778 | $249M | 1.9% | 2026-Q2 |
| Cerity Partners LLC trimmed | 2,726,265 | $249M | 1.9% | 2026-Q2 |
| Falcon Wealth Planning added | 2,077,645 | $190M | 1.4% | 2026-Q2 |
| Petersen Hastings Wealth Advisors Inc. trimmed | 1,946,250 | $178M | 1.3% | 2026-Q2 |
| Waverly Advisors, LLC added | 1,754,726 | $160M | 1.2% | 2026-Q2 |
| Apollon Wealth Management, LLC added | 1,592,606 | $145M | 1.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,592,353 | $145M | 1.1% | 2026-Q2 |
| Savant Capital, LLC trimmed | 1,478,222 | $135M | 1.0% | 2026-Q2 |
| Cetera Investment Advisers added | 1,454,277 | $133M | 1.0% | 2026-Q2 |
| FMR LLC added | 1,397,539 | $127M | 1.0% | 2026-Q2 |
| Pure Financial Advisors, LLC trimmed | 1,382,944 | $126M | 1.0% | 2026-Q2 |
| Moisand Fitzgerald Tamayo, LLC trimmed | 1,356,674 | $124M | 0.9% | 2026-Q2 |
| Beaird Harris Wealth Management, LLC trimmed | 1,327,308 | $121M | 0.9% | 2026-Q2 |
| Alesco Advisors, LLC, An ESL Co trimmed | 1,242,346 | $113M | 0.9% | 2026-Q2 |
| Bridgewater Advisors Inc. added | 1,208,088 | $112M | 0.9% | 2026-Q2 |
| HUB Investment Partners, LLC added | 1,205,715 | $110M | 0.8% | 2026-Q2 |
| MORGAN STANLEY trimmed | 1,139,973 | $104M | 0.8% | 2026-Q2 |
| Cannon Financial Strategists, Inc. added | 1,130,339 | $103M | 0.8% | 2026-Q2 |
| Arax Advisory Partners added | 1,076,147 | $98M | 0.7% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 1,045,145 | $95M | 0.7% | 2026-Q2 |
| Wealth Management Nebraska added | 1,040,364 | $95M | 0.7% | 2026-Q2 |
| NIXON PEABODY TRUST CO trimmed | 1,024,753 | $93M | 0.7% | 2026-Q2 |
| &PARTNERS added | 933,121 | $85M | 0.6% | 2026-Q2 |
| B&D White Capital Company, LLC added | 903,710 | $82M | 0.6% | 2026-Q2 |
| ESL Trust Services, LLC added | 843,691 | $77M | 0.6% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 838,300 | $76M | 0.6% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. added | 775,298 | $71M | 0.5% | 2026-Q2 |
| Glenview Trust Co added | 756,072 | $69M | 0.5% | 2026-Q2 |
| FAS Wealth Partners, Inc. added | 736,028 | $67M | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 722,783 | $66M | 0.5% | 2026-Q2 |
| Allegiance Financial Group Advisory Services LLC added | 676,877 | $62M | 0.5% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 667,153 | $61M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 660,801 | $60M | 0.5% | 2026-Q2 |
| BENJAMIN EDWARDS INC added | 651,701 | $59M | 0.5% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC added | 642,722 | $59M | 0.4% | 2026-Q2 |
| VOISARD ASSET MANAGEMENT GROUP, INC. trimmed | 636,183 | $58M | 0.4% | 2026-Q2 |
| Financial Engines Advisors L.L.C. trimmed | 634,091 | $58M | 0.4% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 580,568 | $53M | 0.4% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 568,940 | $52M | 0.4% | 2026-Q2 |
| JRM Investment Counsel, LLC added | 541,727 | $49M | 0.4% | 2026-Q2 |
| UBS Group AG added | 529,807 | $48M | 0.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 521,766 | $48M | 0.4% | 2026-Q2 |
| Waterloo Capital, L.P. new | 502,911 | $46M | 0.3% | 2026-Q2 |
| Visionary Wealth Advisors added | 494,417 | $45M | 0.3% | 2026-Q2 |
| Legacy Financial Strategies, LLC added | 487,176 | $44M | 0.3% | 2026-Q2 |
| Tulsa Wealth Advisors, INC added | 476,527 | $43M | 0.3% | 2026-Q2 |
| MASON STREET ADVISORS, LLC new | 474,820 | $43M | 0.3% | 2026-Q2 |
| Armstrong, Fleming & Moore, Inc new | 448,575 | $41M | 0.3% | 2026-Q2 |
| Global Strategic Investment Solutions, LLC trimmed | 444,515 | $41M | 0.3% | 2026-Q2 |
| Aprio Wealth Management, LLC trimmed | 421,374 | $38M | 0.3% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 417,725 | $38M | 0.3% | 2026-Q2 |
| N.E.W. Advisory Services LLC added | 406,520 | $37M | 0.3% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 393,553 | $36M | 0.3% | 2026-Q2 |
| ShoreHaven Wealth Partners, LLC added | 372,316 | $34M | 0.3% | 2026-Q2 |
| Leading Edge Financial Planning LLC added | 367,041 | $33M | 0.3% | 2026-Q2 |
| Chicago Partners Investment Group LLC added | 358,021 | $33M | 0.2% | 2026-Q2 |
| Apella Capital, LLC added | 350,410 | $32M | 0.2% | 2026-Q2 |
| Symmetry Partners, LLC added | 344,510 | $31M | 0.2% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS added | 336,376 | $31M | 0.2% | 2026-Q2 |
| FINANCIAL MANAGEMENT NETWORK INC added | 324,251 | $30M | 0.2% | 2026-Q2 |
| Three Cord True Wealth Management, LLC added | 312,452 | $28M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 309,512 | $28M | 0.2% | 2026-Q2 |
| Fonville Wealth Management LLC added | 294,650 | $27M | 0.2% | 2026-Q2 |
| River Road Asset Management, LLC new | 293,193 | $27M | 0.2% | 2026-Q2 |
| McMill Wealth Management added | 291,738 | $27M | 0.2% | 2026-Q2 |
| Cornerstone Wealth Partners, LLC added | 279,084 | $25M | 0.2% | 2026-Q2 |
| AIRE ADVISORS, LLC added | 267,585 | $24M | 0.2% | 2026-Q2 |
| Austin Wealth Management, LLC added | 267,001 | $24M | 0.2% | 2026-Q2 |
| Nova R Wealth, Inc. added | 259,158 | $24M | 0.2% | 2026-Q2 |
| Arlington Financial Advisors, LLC added | 253,772 | $23M | 0.2% | 2026-Q2 |
| REAP Financial Group, LLC added | 250,615 | $23M | 0.2% | 2026-Q2 |
| Meritas Wealth Management, LLC added | 248,212 | $23M | 0.2% | 2026-Q2 |
| Kestra Investment Management, LLC added | 247,841 | $23M | 0.2% | 2026-Q2 |
| Ullmann Wealth Partners Group, LLC added | 247,158 | $23M | 0.2% | 2026-Q2 |
| WJ Interests, LLC added | 246,306 | $22M | 0.2% | 2026-Q2 |
| FIDELITY D & D BANCORP INC added | 246,107 | $22M | 0.2% | 2026-Q2 |
| Clearwater Capital Advisors, LLC added | 246,027 | $22M | 0.2% | 2026-Q2 |
| Oceanside Advisors LLC added | 243,901 | $22M | 0.2% | 2026-Q2 |
| HILL ISLAND FINANCIAL LLC new | 237,431 | $22M | 0.2% | 2026-Q2 |
| INTEGRATED CAPITAL MANAGEMENT, INC. trimmed | 236,633 | $22M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC added | 229,963 | $21M | 0.2% | 2026-Q2 |
| Heritage Wealth Management, Inc. /CA/ added | 227,848 | $21M | 0.2% | 2026-Q2 |
| Providence Financial Advisors, LLC added | 225,587 | $21M | 0.2% | 2026-Q2 |
| FIRST NATIONAL BANK SIOUX FALLS | 225,021 | $19M | 0.1% | 2026-Q2 |
| Advantage Trust Co added | 222,996 | $20M | 0.2% | 2026-Q2 |
| Shotwell Rutter Baer Inc trimmed | 210,507 | $19M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 210,461 | $19M | 0.1% | 2026-Q2 |
| Apollon Financial, LLC added | 204,736 | $19M | 0.1% | 2026-Q2 |
| Perigon Wealth Management, LLC added | 203,328 | $19M | 0.1% | 2026-Q2 |
| BostonPremier Wealth LLC added | 203,126 | $19M | 0.1% | 2026-Q2 |
| Kooman & Associates new | 201,011 | $18M | 0.1% | 2026-Q2 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 199,347 | $18M | 0.1% | 2026-Q2 |
| Verus Financial Partners, Inc. trimmed | 197,709 | $18M | 0.1% | 2026-Q2 |
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.