Who owns BAB
Which tracked institutional funds hold BAB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BAB company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
18 tracked funds added or opened BAB while 22 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
BAB’s largest tracked holder by dollar value, Annex Advisory Services, LLC, sizes it at 1.5% of its own reported 13F book, while the median holder sizes it at 0.0% 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 BAB 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 171 tracked filers holding BAB, 87 increased or opened the position and 82 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 BAB 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.
Full exits 8
- HighTower Advisors, LLC$43M
- GFS Advisors, LLC$5M
- Cambridge Investment Research Advisors, Inc.$2M
- Signature Wealth Management Group$2M
- CITADEL ADVISORS LLC$837K
- Ascentis Independent Advisors$684K
Largest adds
- WELLS FARGO & COMPANY/MN$18M
- JANE STREET GROUP, LLC$5M
- Annex Advisory Services, LLC$4M
- RAYMOND JAMES FINANCIAL INC$3M
- NewEdge Advisors, LLC$1M
- Kingsview Wealth Management, LLC$941K
Largest trims
- AMERIPRISE FINANCIAL INC$10M
- MORGAN STANLEY$4M
- BANK OF MONTREAL /CAN/$2M
- ENVESTNET ASSET MANAGEMENT INC$1M
- ANDERSON HOAGLAND & CO$862K
- SUMITOMO MITSUI FINANCIAL GROUP, INC.$646K
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 |
|---|---|---|---|---|
| Annex Advisory Services, LLC added | 3,331,378 | $89M | 14.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,730,979 | $46M | 7.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1,450,389 | $39M | 6.2% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD | 1,318,800 | $35M | 5.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 996,052 | $27M | 4.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 948,647 | $25M | 4.0% | 2026-Q2 |
| GOULD ASSET MANAGEMENT LLC /CA/ added | 705,394 | $19M | 3.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 694,189 | $19M | 2.9% | 2026-Q2 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. trimmed | 637,933 | $17M | 2.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 627,610 | $17M | 2.7% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 607,776 | $16M | 2.6% | 2026-Q2 |
| CONNING INC. | 490,000 | $13M | 2.1% | 2026-Q2 |
| Kingsview Wealth Management, LLC added | 481,335 | $13M | 2.0% | 2026-Q2 |
| Tortoise Investment Management, LLC added | 464,700 | $12M | 2.0% | 2026-Q2 |
| RATIONAL ADVISORS, INC. added | 448,880 | $12M | 1.9% | 2026-Q2 |
| LPL Financial LLC added | 438,156 | $12M | 1.9% | 2026-Q2 |
| UBS Group AG added | 421,006 | $11M | 1.8% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 397,845 | $11M | 1.7% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 361,664 | $10M | 1.5% | 2026-Q2 |
| Maltin Wealth Management, Inc. added | 300,098 | $8M | 1.3% | 2026-Q2 |
| Elevation Capital Advisory, LLC trimmed | 286,420 | $8M | 1.2% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC trimmed | 276,899 | $7M | 1.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 259,227 | $7M | 1.1% | 2026-Q2 |
| NewEdge Wealth, LLC added | 258,836 | $7M | 1.1% | 2026-Q2 |
| Bank of New York Mellon Corp added | 250,718 | $7M | 1.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 213,410 | $6M | 0.9% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 206,231 | $6M | 0.9% | 2026-Q2 |
| BARCLAYS PLC | 200,000 | $5M | 0.8% | 2026-Q2 |
| Shelter Mutual Insurance Co | 198,589 | $5M | 0.8% | 2026-Q2 |
| Hobbs Group Advisors, LLC added | 196,857 | $5M | 0.8% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 186,083 | $5M | 0.8% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH trimmed | 176,679 | $5M | 0.7% | 2026-Q2 |
| Wealthspire Advisors, LLC trimmed | 173,794 | $5M | 0.7% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 151,647 | $4M | 0.6% | 2026-Q2 |
| Oceanside Advisors LLC added | 137,047 | $4M | 0.6% | 2026-Q2 |
| Hudson Capital Management LLC added | 135,219 | $4M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers added | 134,550 | $4M | 0.6% | 2026-Q2 |
| MONEY CONCEPTS CAPITAL CORP added | 133,199 | $4M | 0.6% | 2026-Q2 |
| Corient Private Wealth LP added | 131,550 | $4M | 0.6% | 2026-Q2 |
| D L CARLSON INVESTMENT GROUP INC added | 127,129 | $3M | 0.5% | 2026-Q2 |
| DONALDSON CAPITAL MANAGEMENT, LLC added | 121,970 | $3M | 0.5% | 2026-Q2 |
| Lakeshore Capital Group, Inc. added | 121,389 | $3M | 0.5% | 2026-Q2 |
| Freedom Investment Management, Inc. added | 116,394 | $3M | 0.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 114,112 | $3M | 0.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 107,831 | $3M | 0.5% | 2026-Q2 |
| WRAPMANAGER INC added | 104,380 | $3M | 0.4% | 2026-Q2 |
| Astoria Portfolio Advisors LLC. trimmed | 104,072 | $3M | 0.4% | 2026-Q2 |
| Patten Group, Inc. trimmed | 101,419 | $3M | 0.4% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. added | 100,140 | $3M | 0.4% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 93,243 | $3M | 0.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 84,543 | $2M | 0.4% | 2026-Q2 |
| PFG Investments, LLC added | 81,099 | $2M | 0.3% | 2026-Q2 |
| AE Wealth Management LLC added | 75,891 | $2M | 0.3% | 2026-Q2 |
| TI-TRUST, INC | 73,462 | $2M | 0.3% | 2026-Q2 |
| OneDigital Investment Advisors LLC trimmed | 71,716 | $2M | 0.3% | 2026-Q2 |
| SSA SWISS ADVISORS AG added | 71,146 | $2M | 0.3% | 2026-Q2 |
| &PARTNERS added | 66,016 | $2M | 0.3% | 2026-Q2 |
| KG Capital Management added | 57,981 | $2M | 0.2% | 2026-Q2 |
| ANDERSON HOAGLAND & CO trimmed | 55,462 | $1M | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC added | 50,989 | $1M | 0.2% | 2026-Q2 |
| World Investment Advisors | 50,842 | $1M | 0.2% | 2026-Q2 |
| Eagle Bluffs Wealth Management LLC trimmed | 50,084 | $1M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 47,394 | $1M | 0.2% | 2026-Q2 |
| ROBERTS GLORE & CO INC /IL/ added | 46,970 | $1M | 0.2% | 2026-Q2 |
| Advisory Alpha, LLC added | 46,362 | $1M | 0.2% | 2026-Q2 |
| CHAPMAN FINANCIAL GROUP, LLC added | 45,375 | $1M | 0.2% | 2026-Q2 |
| Family Legacy, Inc. trimmed | 41,861 | $1M | 0.2% | 2026-Q2 |
| Spartan Wealth Advisory Services LLC trimmed | 40,387 | $1M | 0.2% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 39,300 | $1M | 0.2% | 2026-Q2 |
| GUIDANCE CAPITAL, INC added | 36,071 | $962K | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 33,333 | $895K | 0.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. | 33,000 | $886K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 32,794 | $885K | 0.1% | 2026-Q2 |
| Savvy Advisors, Inc. trimmed | 31,890 | $856K | 0.1% | 2026-Q2 |
| United Asset Strategies, Inc. added | 29,555 | $793K | 0.1% | 2026-Q2 |
| Glassy Mountain Advisors, Inc. added | 28,920 | $776K | 0.1% | 2026-Q2 |
| Whipplewood Advisors, LLC trimmed | 28,096 | $754K | 0.1% | 2026-Q2 |
| DAVENPORT & Co LLC added | 28,021 | $752K | 0.1% | 2026-Q2 |
| Cullen/Frost Bankers, Inc. added | 27,677 | $743K | 0.1% | 2026-Q2 |
| Moors & Cabot, Inc. added | 27,108 | $728K | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 24,651 | $662K | 0.1% | 2026-Q2 |
| ATLAS CAPITAL ADVISORS INC. | 23,569 | $635K | 0.1% | 2026-Q2 |
| Hilltop Holdings Inc. trimmed | 23,128 | $621K | 0.1% | 2026-Q2 |
| CAPSTONE CAPITAL LLC trimmed | 21,545 | $578K | 0.1% | 2026-Q2 |
| MassMutual Private Wealth & Trust, FSB added | 20,735 | $557K | 0.1% | 2026-Q2 |
| UMB Bank, n.a. added | 20,194 | $542K | 0.1% | 2026-Q2 |
| OPPENHEIMER & CO INC | 19,849 | $533K | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 19,528 | $524K | 0.1% | 2026-Q2 |
| Caldwell Trust Co added | 19,402 | $521K | 0.1% | 2026-Q2 |
| Progressive Investment Management Corp added | 17,707 | $475K | 0.1% | 2026-Q2 |
| Traub Capital Management LLC added | 17,645 | $474K | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 17,135 | $460K | 0.1% | 2026-Q2 |
| Centric Wealth Management | 17,100 | $458K | 0.1% | 2026-Q2 |
| Onyx Bridge Wealth Group LLC trimmed | 16,854 | $452K | 0.1% | 2026-Q2 |
| Bangor Savings Bank trimmed | 16,706 | $448K | 0.1% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC | 16,275 | $437K | 0.1% | 2026-Q2 |
| Cane Capital Partners, LLC added | 15,743 | $423K | 0.1% | 2026-Q2 |
| Koshinski Asset Management, Inc. | 15,213 | $408K | 0.1% | 2026-Q2 |
| KINTRA WEALTH, LLC new | 14,827 | $392K | 0.1% | 2026-Q2 |
| Millington Financial Advisors, LLC added | 14,424 | $386K | 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.