Who owns BAB (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-Q1 13F filings. 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
30 tracked funds added or opened BAB while 25 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
BAB’s largest tracked holder by dollar value, Annex Advisory Services, LLC, sizes it at 1.6% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 1.6pp 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 2025-Q4 and 2026-Q1, across 188 tracked filers holding BAB, 92 increased or opened the position and 83 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 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 11
- Elevation Capital Advisory, LLC$8M
- GFS Advisors, LLC$5M
- JANE STREET GROUP, LLC$2M
- Spartan Wealth Advisory Services LLC$1M
- CIBC Bancorp USA Inc.$1M
- CIBC WORLD MARKET INC.$890K
Full exits 6
- PETRA FINANCIAL ADVISORS INC$1M
- SSA SWISS ADVISORS AG$1M
- Tidal Investments LLC$1M
- Ashton Thomas Private Wealth, LLC$744K
- Redhawk Wealth Advisors, Inc.$705K
- Cerity Partners LLC$557K
Largest adds
- RATIONAL ADVISORS, INC.$8M
- ENVESTNET ASSET MANAGEMENT INC$4M
- WELLS FARGO & COMPANY/MN$3M
- AMERIPRISE FINANCIAL INC$2M
- Annex Advisory Services, LLC$2M
- HighTower Advisors, LLC$2M
Largest trims
- BANK OF MONTREAL /CAN/$11M
- Kingsview Wealth Management, LLC$9M
- Bank of New York Mellon Corp$3M
- BANK OF AMERICA CORP /DE/$3M
- UBS Group AG$2M
- PNC FINANCIAL SERVICES GROUP, INC.$2M
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 |
|---|---|---|---|---|
| Annex Advisory Services, LLC added | 3,179,994 | $86M | 12.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,612,864 | $43M | 6.3% | 2026-Q1 |
| HighTower Advisors, LLC added | 1,588,219 | $43M | 6.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 1,324,563 | $36M | 5.2% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD | 1,318,800 | $36M | 5.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,002,874 | $27M | 3.9% | 2026-Q1 |
| MORGAN STANLEY trimmed | 824,277 | $22M | 3.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 791,031 | $21M | 3.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 676,858 | $18M | 2.7% | 2026-Q1 |
| GOULD ASSET MANAGEMENT LLC /CA/ added | 668,113 | $18M | 2.6% | 2026-Q1 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. added | 659,038 | $18M | 2.6% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 596,314 | $16M | 2.3% | 2026-Q1 |
| CONNING INC. | 490,000 | $13M | 1.9% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 463,578 | $12M | 1.8% | 2026-Q1 |
| Kingsview Wealth Management, LLC trimmed | 444,273 | $12M | 1.7% | 2026-Q1 |
| RATIONAL ADVISORS, INC. added | 431,756 | $12M | 1.7% | 2026-Q1 |
| Tortoise Investment Management, LLC added | 428,478 | $12M | 1.7% | 2026-Q1 |
| LPL Financial LLC trimmed | 421,001 | $11M | 1.7% | 2026-Q1 |
| UBS Group AG trimmed | 410,823 | $11M | 1.6% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 337,597 | $9M | 1.3% | 2026-Q1 |
| Maltin Wealth Management, Inc. added | 290,214 | $8M | 1.1% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC added | 288,605 | $8M | 1.1% | 2026-Q1 |
| Elevation Capital Advisory, LLC added | 286,444 | $8M | 1.1% | 2026-Q1 |
| NewEdge Wealth, LLC added | 257,158 | $7M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 248,446 | $7M | 1.0% | 2026-Q1 |
| Invesco Ltd. trimmed | 214,546 | $6M | 0.8% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 202,983 | $5M | 0.8% | 2026-Q1 |
| BARCLAYS PLC | 200,000 | $5M | 0.8% | 2026-Q1 |
| Shelter Mutual Insurance Co | 198,589 | $5M | 0.8% | 2026-Q1 |
| KEYBANK NATIONAL ASSOCIATION/OH trimmed | 194,329 | $5M | 0.8% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 192,806 | $5M | 0.8% | 2026-Q1 |
| Hobbs Group Advisors, LLC added | 185,198 | $5M | 0.7% | 2026-Q1 |
| Wealthspire Advisors, LLC trimmed | 180,498 | $5M | 0.7% | 2026-Q1 |
| GFS Advisors, LLC new | 63,562 | $5M | 0.7% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 158,496 | $4M | 0.6% | 2026-Q1 |
| MONEY CONCEPTS CAPITAL CORP added | 130,281 | $4M | 0.5% | 2026-Q1 |
| Oceanside Advisors LLC added | 128,693 | $3M | 0.5% | 2026-Q1 |
| Corient Private Wealth LLC | 127,199 | $3M | 0.5% | 2026-Q1 |
| Hudson Capital Management LLC added | 121,715 | $3M | 0.5% | 2026-Q1 |
| DONALDSON CAPITAL MANAGEMENT, LLC added | 121,282 | $3M | 0.5% | 2026-Q1 |
| D L CARLSON INVESTMENT GROUP INC added | 121,056 | $3M | 0.5% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 119,622 | $3M | 0.5% | 2026-Q1 |
| Cetera Investment Advisers added | 119,002 | $3M | 0.5% | 2026-Q1 |
| Lakeshore Capital Group, Inc. added | 117,149 | $3M | 0.5% | 2026-Q1 |
| Freedom Investment Management, Inc. added | 115,774 | $3M | 0.5% | 2026-Q1 |
| Astoria Portfolio Advisors LLC. added | 114,698 | $3M | 0.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 112,883 | $3M | 0.4% | 2026-Q1 |
| Patten Group, Inc. added | 108,548 | $3M | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 105,926 | $3M | 0.4% | 2026-Q1 |
| WRAPMANAGER INC added | 101,921 | $3M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 91,100 | $2M | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 90,080 | $2M | 0.4% | 2026-Q1 |
| ANDERSON HOAGLAND & CO added | 87,192 | $2M | 0.3% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 86,940 | $2M | 0.3% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 81,970 | $2M | 0.3% | 2026-Q1 |
| Signature Wealth Management Group added | 81,363 | $2M | 0.3% | 2026-Q1 |
| PFG Investments, LLC added | 76,942 | $2M | 0.3% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 74,358 | $2M | 0.3% | 2026-Q1 |
| TI-TRUST, INC | 73,462 | $2M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 72,387 | $2M | 0.3% | 2026-Q1 |
| &PARTNERS added | 64,658 | $2M | 0.3% | 2026-Q1 |
| KG Capital Management trimmed | 55,753 | $2M | 0.2% | 2026-Q1 |
| Eagle Bluffs Wealth Management LLC added | 51,525 | $1M | 0.2% | 2026-Q1 |
| World Investment Advisors added | 50,842 | $1M | 0.2% | 2026-Q1 |
| Spartan Wealth Advisory Services LLC new | 47,873 | $1M | 0.2% | 2026-Q1 |
| ROBERTS GLORE & CO INC /IL/ trimmed | 45,985 | $1M | 0.2% | 2026-Q1 |
| CHAPMAN FINANCIAL GROUP, LLC added | 44,175 | $1M | 0.2% | 2026-Q1 |
| Family Legacy, Inc. added | 41,910 | $1M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 37,925 | $1M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 37,294 | $1M | 0.1% | 2026-Q1 |
| CIBC Bancorp USA Inc. added | 37,126 | $1M | 0.1% | 2026-Q1 |
| Advisory Alpha, LLC trimmed | 33,253 | $897K | 0.1% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 33,000 | $890K | 0.1% | 2026-Q1 |
| GUIDANCE CAPITAL, INC new | 32,092 | $862K | 0.1% | 2026-Q1 |
| Savvy Advisors, Inc. trimmed | 31,965 | $862K | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 31,056 | $837K | 0.1% | 2026-Q1 |
| Whipplewood Advisors, LLC added | 29,733 | $802K | 0.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 28,878 | $779K | 0.1% | 2026-Q1 |
| Cullen/Frost Bankers, Inc. added | 27,268 | $735K | 0.1% | 2026-Q1 |
| Moors & Cabot, Inc. added | 26,377 | $711K | 0.1% | 2026-Q1 |
| Glassy Mountain Advisors, Inc. added | 26,240 | $707K | 0.1% | 2026-Q1 |
| Ascentis Independent Advisors trimmed | 25,356 | $684K | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 24,261 | $654K | 0.1% | 2026-Q1 |
| Hilltop Holdings Inc. trimmed | 23,973 | $646K | 0.1% | 2026-Q1 |
| ATLAS CAPITAL ADVISORS INC. added | 23,569 | $635K | 0.1% | 2026-Q1 |
| CAPSTONE CAPITAL LLC trimmed | 23,261 | $627K | 0.1% | 2026-Q1 |
| ZEGA Investments, LLC new | 22,395 | $604K | 0.1% | 2026-Q1 |
| SCHMIDT P J INVESTMENT MANAGEMENT INC trimmed | 212,869 | $6M | 0.8% | 2025-Q1 stale |
| COUNTRY TRUST BANK | 140,000 | $4M | 0.5% | 2025-Q2 stale |
| Hershey Financial Advisers, LLC trimmed | 129,498 | $4M | 0.5% | 2025-Q3 stale |
| White Pine Investment CO added | 120,964 | $3M | 0.5% | 2025-Q1 stale |
| Baker Avenue Asset Management, LP added | 101,434 | $3M | 0.4% | 2025-Q1 stale |
| PETRA FINANCIAL ADVISORS INC added | 54,510 | $1M | 0.2% | 2025-Q4 stale |
| Private Advisor Group, LLC trimmed | 54,861 | $1M | 0.2% | 2025-Q2 stale |
| SSA SWISS ADVISORS AG trimmed | 39,633 | $1M | 0.2% | 2025-Q4 stale |
| Tidal Investments LLC trimmed | 38,757 | $1M | 0.2% | 2025-Q4 stale |
| MGO ONE SEVEN LLC added | 27,679 | $755K | 0.1% | 2025-Q3 stale |
| Ashton Thomas Private Wealth, LLC new | 27,365 | $744K | 0.1% | 2025-Q4 stale |
| Redhawk Wealth Advisors, Inc. trimmed | 25,914 | $705K | 0.1% | 2025-Q4 stale |
| FLOW TRADERS U.S. LLC trimmed | 21,828 | $582K | 0.1% | 2025-Q1 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.