Who owns AVRE
Which tracked institutional funds hold AVRE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See AVRE company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
35 tracked funds added or opened AVRE while 15 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
AVRE’s largest tracked holder by dollar value, Empowered Funds, LLC, sizes it at 0.3% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.0pp gap the other way — the median holder sizes AVRE more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in AVRE 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 147 tracked filers holding AVRE, 84 increased or opened the position and 60 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 AVRE 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
- LexAurum Advisors, LLC$13M
- Cerity Partners LLC$3M
- Rockwood Wealth Management, LLC$1M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- Werba Rubin Papier Wealth Management$1M
- Sanchez Levi Garrett$804K
Full exits 6
- NICOLET ADVISORY SERVICES, LLC$17M
- CITADEL ADVISORS LLC$5M
- AXXCESS WEALTH MANAGEMENT, LLC$4M
- DBK Financial Counsel, LLC$2M
- SOL Capital Management CO$2M
- JANE STREET GROUP, LLC$1M
Largest adds
- Sequoia Financial Advisors, LLC$28M
- NICOLET BANKSHARES INC$18M
- AMERICAN CENTURY COMPANIES INC$6M
- Financial Plan, Inc.$5M
- Empowered Funds, LLC$4M
- Focus Partners Advisor Solutions, LLC$2M
Largest trims
- Hill Investment Group Partners, LLC$2M
- CWM, LLC$2M
- Austin Wealth Management, LLC$1M
- WorthPointe, LLC$1M
- WMG Financial Advisors, LLC$926K
- Henrickson Nauta Wealth Advisors, Inc.$541K
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 |
|---|---|---|---|---|
| Empowered Funds, LLC added | 1,237,572 | $54M | 8.1% | 2026-Q1 |
| Sequoia Financial Advisors, LLC added | 987,667 | $43M | 6.5% | 2026-Q1 |
| Financial Plan, Inc. added | 712,325 | $31M | 4.7% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 608,098 | $27M | 4.0% | 2026-Q1 |
| NICOLET BANKSHARES INC added | 597,583 | $26M | 3.9% | 2026-Q1 |
| Quantum Financial Advisors, LLC added | 424,242 | $19M | 2.8% | 2026-Q1 |
| Hill Investment Group Partners, LLC trimmed | 389,403 | $17M | 2.6% | 2026-Q1 |
| ShankerValleau Wealth Advisors, Inc. trimmed | 373,644 | $16M | 2.5% | 2026-Q1 |
| BetterWealth, LLC added | 339,282 | $15M | 2.2% | 2026-Q1 |
| Allegiance Financial Group Advisory Services LLC added | 337,833 | $15M | 2.2% | 2026-Q1 |
| Capstone Financial Advisors, Inc. trimmed | 316,505 | $14M | 2.1% | 2026-Q1 |
| Prairiewood Capital, LLC added | 308,563 | $14M | 2.0% | 2026-Q1 |
| LPL Financial LLC added | 301,299 | $13M | 2.0% | 2026-Q1 |
| Physician Wealth Solutions Inc. trimmed | 289,024 | $13M | 1.9% | 2026-Q1 |
| LexAurum Advisors, LLC added | 286,640 | $13M | 1.9% | 2026-Q1 |
| Focus Partners Wealth trimmed | 279,527 | $12M | 1.8% | 2026-Q1 |
| Seaside Wealth Management, Inc. added | 273,411 | $12M | 1.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 249,016 | $11M | 1.6% | 2026-Q1 |
| Three Arch Wealth Management LLC added | 243,572 | $11M | 1.6% | 2026-Q1 |
| Leading Edge Financial Planning LLC added | 225,870 | $10M | 1.5% | 2026-Q1 |
| Equita Financial Network, Inc. trimmed | 207,355 | $9M | 1.4% | 2026-Q1 |
| WorthPointe, LLC trimmed | 195,180 | $9M | 1.3% | 2026-Q1 |
| QUARRY HILL ADVISORS, LLC added | 159,262 | $8M | 1.1% | 2026-Q1 |
| Level Financial Advisors added | 173,245 | $8M | 1.1% | 2026-Q1 |
| Corient Private Wealth LLC added | 170,480 | $8M | 1.1% | 2026-Q1 |
| Vestment Financial LLC added | 154,811 | $7M | 1.1% | 2026-Q1 |
| SENTINEL WEALTH MANAGEMENT, INC. added | 135,448 | $6M | 0.9% | 2026-Q1 |
| LAM GROUP, INC. added | 132,335 | $6M | 0.9% | 2026-Q1 |
| Strategic Blueprint, LLC trimmed | 131,987 | $6M | 0.9% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC added | 125,962 | $6M | 0.8% | 2026-Q1 |
| COLLECTIVE FAMILY OFFICE LLC added | 119,334 | $5M | 0.8% | 2026-Q1 |
| Simplicity Wealth,LLC trimmed | 111,705 | $5M | 0.7% | 2026-Q1 |
| Chicago Partners Investment Group LLC added | 101,011 | $5M | 0.7% | 2026-Q1 |
| Austin Wealth Management, LLC trimmed | 103,926 | $5M | 0.7% | 2026-Q1 |
| North Ridge Wealth Advisors, Inc. trimmed | 102,837 | $5M | 0.7% | 2026-Q1 |
| HTG Investment Advisors, Inc. added | 99,734 | $4M | 0.7% | 2026-Q1 |
| Valued Wealth Advisors LLC added | 94,206 | $4M | 0.6% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 88,021 | $4M | 0.6% | 2026-Q1 |
| Focus Partners Advisor Solutions, LLC added | 83,346 | $4M | 0.5% | 2026-Q1 |
| CWM, LLC trimmed | 83,035 | $4M | 0.5% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 78,592 | $3M | 0.5% | 2026-Q1 |
| Beaird Harris Wealth Management, LLC trimmed | 69,449 | $3M | 0.5% | 2026-Q1 |
| Burk Holdings LLC added | 69,166 | $3M | 0.5% | 2026-Q1 |
| Networth Advisors, LLC added | 68,573 | $3M | 0.5% | 2026-Q1 |
| Cerity Partners LLC new | 64,211 | $3M | 0.4% | 2026-Q1 |
| Arcadia Wealth Management, Inc. added | 63,788 | $3M | 0.4% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 63,472 | $3M | 0.4% | 2026-Q1 |
| Aprio Wealth Management, LLC trimmed | 60,530 | $3M | 0.4% | 2026-Q1 |
| WMG Financial Advisors, LLC trimmed | 56,837 | $3M | 0.4% | 2026-Q1 |
| RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC trimmed | 55,498 | $2M | 0.4% | 2026-Q1 |
| Sprinkle Financial Consultants LLC added | 53,546 | $2M | 0.4% | 2026-Q1 |
| marrick wealth, LLC added | 52,739 | $2M | 0.3% | 2026-Q1 |
| CARDIFF PARK ADVISORS, LLC trimmed | 49,634 | $2M | 0.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 47,372 | $2M | 0.3% | 2026-Q1 |
| AE Wealth Management LLC added | 44,300 | $2M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 43,852 | $2M | 0.3% | 2026-Q1 |
| Beacon Pointe Advisors, LLC trimmed | 42,600 | $2M | 0.3% | 2026-Q1 |
| BLVD Private Wealth, LLC trimmed | 41,801 | $2M | 0.3% | 2026-Q1 |
| B&D White Capital Company, LLC added | 40,331 | $2M | 0.3% | 2026-Q1 |
| Life Planning Partners, Inc added | 39,425 | $2M | 0.3% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 37,008 | $2M | 0.2% | 2026-Q1 |
| PCG Wealth Advisors, LLC trimmed | 34,561 | $2M | 0.2% | 2026-Q1 |
| ENTREWEALTH, LLC added | 33,651 | $1M | 0.2% | 2026-Q1 |
| Pacific Life Fund Advisors LLC trimmed | 33,455 | $1M | 0.2% | 2026-Q1 |
| Forum Financial Management, LP added | 32,899 | $1M | 0.2% | 2026-Q1 |
| Rockwood Wealth Management, LLC new | 32,111 | $1M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 31,016 | $1M | 0.2% | 2026-Q1 |
| Apella Capital, LLC added | 28,189 | $1M | 0.2% | 2026-Q1 |
| Werba Rubin Papier Wealth Management added | 30,342 | $1M | 0.2% | 2026-Q1 |
| Flagstone Financial Management added | 28,812 | $1M | 0.2% | 2026-Q1 |
| TCI Wealth Advisors, Inc. added | 28,478 | $1M | 0.2% | 2026-Q1 |
| GeoWealth Management, LLC added | 28,082 | $1M | 0.2% | 2026-Q1 |
| Creative Planning added | 27,629 | $1M | 0.2% | 2026-Q1 |
| Haven Private, LLC added | 27,474 | $1M | 0.2% | 2026-Q1 |
| Empire Financial Management Company, LLC added | 27,112 | $1M | 0.2% | 2026-Q1 |
| SC&H Financial Advisors, Inc. trimmed | 26,993 | $1M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 26,960 | $1M | 0.2% | 2026-Q1 |
| CoreCap Advisors, LLC added | 24,991 | $1M | 0.2% | 2026-Q1 |
| SATOVSKY ASSET MANAGEMENT LLC added | 22,156 | $975K | 0.1% | 2026-Q1 |
| Savant Capital, LLC trimmed | 22,064 | $971K | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 21,815 | $967K | 0.1% | 2026-Q1 |
| BAYSHORE ASSET MANAGEMENT, LLC trimmed | 21,389 | $942K | 0.1% | 2026-Q1 |
| Cogent Private Wealth, Inc. added | 18,526 | $816K | 0.1% | 2026-Q1 |
| Sanchez Levi Garrett new | 18,264 | $804K | 0.1% | 2026-Q1 |
| Avant Financial Advisors LLC added | 17,082 | $752K | 0.1% | 2026-Q1 |
| MB Generational Wealth, LLC trimmed | 16,419 | $723K | 0.1% | 2026-Q1 |
| Parkshore Wealth Management, Inc. trimmed | 15,864 | $698K | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP added | 15,254 | $671K | 0.1% | 2026-Q1 |
| POINCIANA ADVISORS GROUP, LLC added | 15,144 | $667K | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 15,082 | $664K | 0.1% | 2026-Q1 |
| CCM INVESTMENT GROUP, LLC added | 1,200,779 | $51M | 7.7% | 2025-Q1 stale |
| NICOLET ADVISORY SERVICES, LLC trimmed | 388,797 | $17M | 2.6% | 2025-Q4 stale |
| CITADEL ADVISORS LLC trimmed | 109,769 | $5M | 0.7% | 2025-Q4 stale |
| AXXCESS WEALTH MANAGEMENT, LLC added | 97,710 | $4M | 0.6% | 2025-Q4 stale |
| DBK Financial Counsel, LLC trimmed | 52,381 | $2M | 0.3% | 2025-Q4 stale |
| FLOW TRADERS U.S. LLC added | 47,599 | $2M | 0.3% | 2025-Q2 stale |
| SOL Capital Management CO trimmed | 36,647 | $2M | 0.2% | 2025-Q4 stale |
| Waypoint Wealth Partners Inc. trimmed | 34,746 | $2M | 0.2% | 2025-Q2 stale |
| JANE STREET GROUP, LLC trimmed | 23,338 | $1M | 0.2% | 2025-Q4 stale |
| Parkworth Wealth Management, Inc. added | 20,386 | $900K | 0.1% | 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.
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.