Who owns BAUG
Which tracked institutional funds hold BAUG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BAUG company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-19). 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
The tracked-fund tape on BAUG is one-sided between 2025-Q4 and 2026-Q1: 4 added or opened and 13 trimmed or exited — on balance reducing.
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
BAUG’s largest tracked holder by dollar value, Penserra Capital Management LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BAUG 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 97 tracked filers holding BAUG, 15 increased or opened the position and 52 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 BAUG 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 1
- CITADEL ADVISORS LLC$610K
Full exits 1
- Arkadios Wealth Advisors$1M
Largest adds
- Kestra Advisory Services, LLC$3M
- Penserra Capital Management LLC$2M
- ENVESTNET ASSET MANAGEMENT INC$1M
Largest trims
- Brookstone Capital Management$28M
- OSAIC HOLDINGS, INC.$6M
- BCS Wealth Management$866K
- OLD MISSION CAPITAL LLC$673K
- EverSource Wealth Advisors, LLC$621K
- MML INVESTORS SERVICES, LLC$504K
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 |
|---|---|---|---|---|
| Penserra Capital Management LLC added | 409,819 | $20M | 15.8% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 200,365 | $10M | 7.7% | 2026-Q1 |
| Cerity Partners LLC added | 135,167 | $7M | 5.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 133,439 | $7M | 5.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 130,023 | $6M | 5.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 103,997 | $5M | 4.0% | 2026-Q1 |
| HighTower Advisors, LLC added | 87,902 | $4M | 3.4% | 2026-Q1 |
| Diligent Investors, LLC trimmed | 53,266 | $3M | 2.0% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 50,761 | $2M | 2.0% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 47,565 | $2M | 1.8% | 2026-Q1 |
| LPL Financial LLC trimmed | 45,782 | $2M | 1.8% | 2026-Q1 |
| Brookstone Capital Management trimmed | 45,776 | $2M | 1.8% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 45,244 | $2M | 1.7% | 2026-Q1 |
| TopTier Wealth Management, LLC | 41,730 | $2M | 1.6% | 2026-Q1 |
| Snowden Capital Advisors LLC | 33,391 | $2M | 1.3% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 32,438 | $2M | 1.2% | 2026-Q1 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC trimmed | 31,768 | $2M | 1.2% | 2026-Q1 |
| INTEGRAL INVESTMENT ADVISORS, INC. | 31,357 | $2M | 1.2% | 2026-Q1 |
| CHAPMAN FINANCIAL GROUP, LLC trimmed | 28,869 | $1M | 1.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 27,643 | $1M | 1.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 27,368 | $1M | 1.1% | 2026-Q1 |
| Beacon Financial Advisory LLC | 27,071 | $1M | 1.0% | 2026-Q1 |
| FSA Advisors, Inc. trimmed | 26,379 | $1M | 1.0% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 26,067 | $1M | 1.0% | 2026-Q1 |
| Lantz Financial LLC | 25,666 | $1M | 1.0% | 2026-Q1 |
| World Investment Advisors trimmed | 21,628 | $1M | 0.8% | 2026-Q1 |
| CoreCap Advisors, LLC trimmed | 21,049 | $1M | 0.8% | 2026-Q1 |
| COFG Advisors, LLC | 20,606 | $1M | 0.8% | 2026-Q1 |
| CreativeOne Wealth, LLC trimmed | 20,069 | $980K | 0.8% | 2026-Q1 |
| GWN SECURITIES INC. added | 19,731 | $964K | 0.8% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. trimmed | 19,024 | $929K | 0.7% | 2026-Q1 |
| Weaver Consulting Group trimmed | 18,343 | $896K | 0.7% | 2026-Q1 |
| Trek Financial, LLC trimmed | 17,170 | $839K | 0.7% | 2026-Q1 |
| CRA Financial Services, LLC | 16,939 | $827K | 0.7% | 2026-Q1 |
| BCS Wealth Management trimmed | 16,718 | $817K | 0.6% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 16,282 | $795K | 0.6% | 2026-Q1 |
| RED REEF ADVISORS LLC | 15,000 | $733K | 0.6% | 2026-Q1 |
| First Commonwealth Financial Corp /PA/ | 14,236 | $695K | 0.5% | 2026-Q1 |
| Strategic Blueprint, LLC | 14,167 | $692K | 0.5% | 2026-Q1 |
| Buska Wealth Management, LLC trimmed | 13,998 | $684K | 0.5% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 13,978 | $683K | 0.5% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. | 13,395 | $654K | 0.5% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 13,273 | $648K | 0.5% | 2026-Q1 |
| Fragasso Financial Advisors Inc trimmed | 13,104 | $646K | 0.5% | 2026-Q1 |
| Sigma Planning Corp trimmed | 13,168 | $643K | 0.5% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 12,495 | $610K | 0.5% | 2026-Q1 |
| Arax Advisory Partners trimmed | 12,484 | $610K | 0.5% | 2026-Q1 |
| WealthShield Partners, LLC | 11,801 | $576K | 0.5% | 2026-Q1 |
| Visionary Wealth Advisors trimmed | 11,556 | $564K | 0.4% | 2026-Q1 |
| Foundations Investment Advisors, LLC trimmed | 11,030 | $539K | 0.4% | 2026-Q1 |
| Berkshire Money Management, Inc. | 10,801 | $528K | 0.4% | 2026-Q1 |
| Chris Bulman Inc trimmed | 10,769 | $526K | 0.4% | 2026-Q1 |
| Lido Advisors, LLC | 10,662 | $521K | 0.4% | 2026-Q1 |
| Fortune Financial Group, Inc. | 10,060 | $491K | 0.4% | 2026-Q1 |
| MGO ONE SEVEN LLC | 9,947 | $486K | 0.4% | 2026-Q1 |
| Keystone Wealth Services, LLC | 9,551 | $467K | 0.4% | 2026-Q1 |
| Outlook Wealth Advisors, LLC trimmed | 9,372 | $458K | 0.4% | 2026-Q1 |
| Pinnacle Wealth Management Group, Inc. | 8,850 | $432K | 0.3% | 2026-Q1 |
| CENTRAL VALLEY ADVISORS, LLC | 8,574 | $419K | 0.3% | 2026-Q1 |
| Valtinson Bruner Financial Planning LLC | 8,229 | $402K | 0.3% | 2026-Q1 |
| Chicago Partners Investment Group LLC | 7,710 | $399K | 0.3% | 2026-Q1 |
| CORRADO ADVISORS, LLC | 7,631 | $373K | 0.3% | 2026-Q1 |
| Impact Partnership Wealth, LLC trimmed | 7,461 | $364K | 0.3% | 2026-Q1 |
| IFP Advisors, Inc added | 7,094 | $347K | 0.3% | 2026-Q1 |
| CROSSPOINT FINANCIAL, LLC | 6,548 | $320K | 0.3% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 6,300 | $308K | 0.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 6,166 | $303K | 0.2% | 2026-Q1 |
| Selby Wealth Management, LLC | 6,200 | $303K | 0.2% | 2026-Q1 |
| Clear Creek Financial Management, LLC new | 6,163 | $301K | 0.2% | 2026-Q1 |
| Share Andrew L. | 5,976 | $292K | 0.2% | 2026-Q1 |
| IMG Wealth Management, Inc. | 5,893 | $288K | 0.2% | 2026-Q1 |
| VISTA INVESTMENT MANAGEMENT | 5,480 | $268K | 0.2% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 5,183 | $253K | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP | 5,175 | $253K | 0.2% | 2026-Q1 |
| My Personal CFO, LLC | 5,140 | $251K | 0.2% | 2026-Q1 |
| PFG Advisors trimmed | 5,121 | $250K | 0.2% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 4,957 | $242K | 0.2% | 2026-Q1 |
| Advisory Services Network, LLC | 4,617 | $226K | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 4,464 | $218K | 0.2% | 2026-Q1 |
| GTS FINANCIAL, LLC new | 5,056 | $215K | 0.2% | 2026-Q1 |
| BAM Wealth Management, LLC | 4,107 | $201K | 0.2% | 2026-Q1 |
| Spire Wealth Management | 2,642 | $129K | 0.1% | 2026-Q1 |
| Financial Network Wealth Advisors LLC | 1,876 | $92K | 0.1% | 2026-Q1 |
| Arkadios Wealth Advisors added | 20,490 | $1M | 0.8% | 2025-Q4 stale |
| JANE STREET GROUP, LLC added | 16,565 | $812K | 0.6% | 2025-Q3 stale |
| Bright Futures Wealth Management, LLC. new | 12,573 | $616K | 0.5% | 2025-Q3 stale |
| Stuart Chaussee & Associates, Inc. trimmed | 10,730 | $526K | 0.4% | 2025-Q3 stale |
| AlphaStar Capital Management, LLC new | 9,629 | $482K | 0.4% | 2025-Q4 stale |
| RFG Advisory, LLC trimmed | 11,086 | $471K | 0.4% | 2025-Q1 stale |
| Secure Asset Management, LLC | 7,851 | $393K | 0.3% | 2025-Q4 stale |
| DAYMARK WEALTH PARTNERS, LLC | 6,247 | $313K | 0.2% | 2025-Q4 stale |
| BFI Wealth Solutions, LLC new | 6,000 | $300K | 0.2% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC | 6,506 | $276K | 0.2% | 2025-Q1 stale |
| WOLVERINE TRADING, LLC trimmed | 5,639 | $258K | 0.2% | 2025-Q2 stale |
| NWF Advisory Services Inc. trimmed | 5,076 | $254K | 0.2% | 2025-Q4 stale |
| RPS ADVISORY SOLUTIONS LLC | 4,490 | $225K | 0.2% | 2025-Q4 stale |
| Sowell Financial Services LLC new | 4,624 | $213K | 0.2% | 2025-Q2 stale |
| ACAS, LLC trimmed | 4,335 | $208K | 0.2% | 2025-Q2 stale |
| Rothschild Wealth LLC new | 4,050 | $203K | 0.2% | 2025-Q4 stale |
| Bellwether Advisors, LLC | 2,847 | $131K | 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.