Who owns BAI
Which tracked institutional funds hold BAI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BAI company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 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 BAI is one-sided between 2026-Q1 and 2026-Q2: 413 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
BAI’s largest tracked holder by dollar value, ENVESTNET ASSET MANAGEMENT INC, sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.7% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BAI 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 645 tracked filers holding BAI, 323 increased or opened the position and 344 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 BAI 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 58
- OLD MISSION CAPITAL LLC$127M
- Quadrature Capital Ltd$34M
- Bensler, LLC$33M
- Shah Wealth Advisors, LLC$21M
- Global Retirement Partners, LLC$20M
- Almanack Investment Partners, LLC.$16M
Full exits 25
- PARK AVENUE SECURITIES LLC$206M
- CWM, LLC$185M
- Janney Montgomery Scott LLC$123M
- Thrivent Financial for Lutherans$52M
- Integrated Wealth Concepts LLC$29M
- Cambridge Investment Research Advisors, Inc.$24M
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$842M
- LPL Financial LLC$500M
- MORGAN STANLEY$238M
- JPMORGAN CHASE & CO$175M
- AMERIPRISE FINANCIAL INC$174M
- MML INVESTORS SERVICES, LLC$152M
Largest trims
- Mariner, LLC$10M
- CFS Investment Advisory Services, LLC$3M
- Gateway Wealth Partners, LLC$2M
- DIVERSIFY WEALTH MANAGEMENT, LLC$1M
- Strategic Financial Concepts, LLC$1M
- Horst & Graben Wealth Management LLC$1M
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 |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC trimmed | 57,566,650 | $3.0B | 22.0% | 2026-Q2 |
| LPL Financial LLC trimmed | 26,585,056 | $1.4B | 10.2% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 15,932,165 | $810M | 5.9% | 2026-Q2 |
| Dynasty Wealth Management, LLC trimmed | 14,150,853 | $746M | 5.4% | 2026-Q2 |
| MORGAN STANLEY added | 10,200,979 | $538M | 3.9% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 9,213,447 | $486M | 3.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 6,660,357 | $351M | 2.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 6,160,767 | $325M | 2.4% | 2026-Q2 |
| OpenArc Corporate Advisory, LLC trimmed | 5,311,398 | $280M | 2.0% | 2026-Q2 |
| SAGESPRING WEALTH PARTNERS, LLC trimmed | 5,280,812 | $278M | 2.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 5,183,823 | $273M | 2.0% | 2026-Q2 |
| Cetera Investment Advisers added | 5,116,022 | $270M | 2.0% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. trimmed | 4,637,181 | $244M | 1.8% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 4,331,839 | $228M | 1.7% | 2026-Q2 |
| NewEdge Advisors, LLC added | 2,934,791 | $155M | 1.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 2,881,912 | $152M | 1.1% | 2026-Q2 |
| SOFI WEALTH, LLC added | 2,635,605 | $139M | 1.0% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 2,547,345 | $134M | 1.0% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 2,406,212 | $127M | 0.9% | 2026-Q2 |
| BlackRock, Inc. added | 2,346,711 | $124M | 0.9% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 2,249,238 | $119M | 0.9% | 2026-Q2 |
| OneDigital Investment Advisors LLC trimmed | 2,202,045 | $116M | 0.8% | 2026-Q2 |
| Foundations Investment Advisors, LLC trimmed | 2,163,848 | $114M | 0.8% | 2026-Q2 |
| Abundance Wealth Counselors added | 1,939,405 | $102M | 0.7% | 2026-Q2 |
| UBS Group AG added | 1,922,376 | $101M | 0.7% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,861,364 | $98M | 0.7% | 2026-Q2 |
| Arax Advisory Partners added | 1,817,689 | $96M | 0.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,734,778 | $91M | 0.7% | 2026-Q2 |
| JB Capital LLC trimmed | 1,651,778 | $87M | 0.6% | 2026-Q2 |
| Focus Partners Wealth added | 1,516,660 | $80M | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 1,502,184 | $79M | 0.6% | 2026-Q2 |
| Destination Wealth Management trimmed | 1,464,996 | $77M | 0.6% | 2026-Q2 |
| Advocacy Wealth Management, LLC trimmed | 1,384,319 | $73M | 0.5% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 1,353,121 | $71M | 0.5% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 1,320,642 | $70M | 0.5% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 1,275,000 | $67M | 0.5% | 2026-Q2 |
| Quotient Wealth Partners, LLC trimmed | 991,220 | $52M | 0.4% | 2026-Q2 |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors trimmed | 939,162 | $50M | 0.4% | 2026-Q2 |
| Vise Technologies, Inc. added | 870,180 | $46M | 0.3% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 823,838 | $43M | 0.3% | 2026-Q2 |
| Equitable Holdings, Inc. added | 822,877 | $43M | 0.3% | 2026-Q2 |
| Ascent Group, LLC trimmed | 806,289 | $43M | 0.3% | 2026-Q2 |
| Atria Investments, Inc trimmed | 727,504 | $38M | 0.3% | 2026-Q2 |
| IHT Wealth Management, LLC added | 720,220 | $38M | 0.3% | 2026-Q2 |
| Cerity Partners LLC trimmed | 708,465 | $37M | 0.3% | 2026-Q2 |
| INTEGRITY ALLIANCE, LLC. trimmed | 708,263 | $37M | 0.3% | 2026-Q2 |
| ASSETMARK, INC trimmed | 695,064 | $37M | 0.3% | 2026-Q2 |
| Patton Albertson Miller Group, LLC added | 682,952 | $36M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 678,726 | $36M | 0.3% | 2026-Q2 |
| Prosperity Consulting Group, LLC added | 677,611 | $36M | 0.3% | 2026-Q2 |
| Quadrature Capital Ltd new | 647,452 | $34M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 641,195 | $34M | 0.2% | 2026-Q2 |
| Tennessee Valley Asset Management Partners trimmed | 639,824 | $34M | 0.2% | 2026-Q2 |
| Bensler, LLC added | 632,671 | $33M | 0.2% | 2026-Q2 |
| CreativeOne Wealth, LLC trimmed | 625,253 | $33M | 0.2% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. added | 624,494 | $33M | 0.2% | 2026-Q2 |
| Parcion Private Wealth LLC trimmed | 622,079 | $33M | 0.2% | 2026-Q2 |
| Shepherd Financial Partners LLC trimmed | 618,705 | $33M | 0.2% | 2026-Q2 |
| Wharton Business Group, LLC added | 598,286 | $32M | 0.2% | 2026-Q2 |
| Icon Wealth Advisors, LLC trimmed | 592,488 | $31M | 0.2% | 2026-Q2 |
| Marks Group Wealth Management, Inc added | 514,468 | $27M | 0.2% | 2026-Q2 |
| Triad Wealth Partners, LLC added | 626,347 | $27M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC added | 507,975 | $27M | 0.2% | 2026-Q2 |
| MGO ONE SEVEN LLC trimmed | 498,577 | $26M | 0.2% | 2026-Q2 |
| Scarborough Advisors, LLC trimmed | 531,057 | $26M | 0.2% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 487,559 | $26M | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 483,113 | $25M | 0.2% | 2026-Q2 |
| Sharkey, Howes & Javer trimmed | 473,398 | $25M | 0.2% | 2026-Q2 |
| MA Private Wealth trimmed | 468,378 | $25M | 0.2% | 2026-Q2 |
| &PARTNERS added | 460,368 | $24M | 0.2% | 2026-Q2 |
| UNIQUE WEALTH, LLC trimmed | 458,867 | $24M | 0.2% | 2026-Q2 |
| West Wealth Group, LLC trimmed | 451,582 | $24M | 0.2% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 445,504 | $23M | 0.2% | 2026-Q2 |
| CHOREO, LLC added | 437,840 | $23M | 0.2% | 2026-Q2 |
| Greater Midwest Financial Group, LLC added | 410,397 | $22M | 0.2% | 2026-Q2 |
| Trek Financial, LLC trimmed | 405,645 | $21M | 0.2% | 2026-Q2 |
| Perennial Investment Advisors, LLC trimmed | 397,817 | $21M | 0.2% | 2026-Q2 |
| Concurrent Investment Advisors, LLC trimmed | 397,268 | $21M | 0.2% | 2026-Q2 |
| Shah Wealth Advisors, LLC new | 391,169 | $21M | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC added | 387,287 | $20M | 0.1% | 2026-Q2 |
| Stone House Investment Management, LLC trimmed | 386,933 | $20M | 0.1% | 2026-Q2 |
| Keystone Financial Group trimmed | 377,921 | $20M | 0.1% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 364,081 | $19M | 0.1% | 2026-Q2 |
| Horst & Graben Wealth Management LLC trimmed | 382,368 | $19M | 0.1% | 2026-Q2 |
| KWB Wealth trimmed | 357,164 | $19M | 0.1% | 2026-Q2 |
| Modern Wealth Management, LLC added | 355,654 | $19M | 0.1% | 2026-Q2 |
| CAHILL FINANCIAL ADVISORS INC added | 341,560 | $18M | 0.1% | 2026-Q2 |
| SteelPeak Wealth, LLC trimmed | 335,401 | $18M | 0.1% | 2026-Q2 |
| PAX Financial Group, LLC trimmed | 326,469 | $17M | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 316,195 | $17M | 0.1% | 2026-Q2 |
| CFS Investment Advisory Services, LLC trimmed | 353,805 | $17M | 0.1% | 2026-Q2 |
| EQ LLC trimmed | 312,275 | $16M | 0.1% | 2026-Q2 |
| WEALTH ALLIANCE, LLC trimmed | 308,224 | $16M | 0.1% | 2026-Q2 |
| PARK AVENUE SECURITIES LLC added | 6,238,515 | $206M | 1.5% | 2026-Q1 stale |
| CWM, LLC added | 5,610,905 | $185M | 1.3% | 2026-Q1 stale |
| Janney Montgomery Scott LLC added | 3,721,827 | $123M | 0.9% | 2026-Q1 stale |
| Thrivent Financial for Lutherans trimmed | 1,584,679 | $52M | 0.4% | 2026-Q1 stale |
| Integrated Wealth Concepts LLC added | 865,863 | $29M | 0.2% | 2026-Q1 stale |
| Austin Private Wealth, LLC added | 845,384 | $28M | 0.2% | 2025-Q4 stale |
| Cambridge Investment Research Advisors, Inc. added | 738,319 | $24M | 0.2% | 2026-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.