Who owns BBBS
Which tracked institutional funds hold BBBS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BBBS 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
12 tracked funds added or opened BBBS while 10 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
BBBS’s largest tracked holder by dollar value, Gradient Investments LLC, sizes it at 0.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BBBS 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 30 tracked filers holding BBBS, 19 increased or opened the position and 18 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 BBBS 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 5
- Tanager Wealth Management LLP$10M
- Lido Advisors, LLC$7M
- ROYAL BANK OF CANADA$6M
- Compass Financial Group, Inc. (Ohio)$1M
- HighTower Advisors, LLC$762K
Full exits 8
- Thrivent Financial for Lutherans$16M
- Orion Porfolio Solutions, LLC$8M
- Oasis Advisors, LLC$8M
- FOUNDATIONS INVESTMENT ADVISORS, LLC$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- Safe Harbor Wealth Advisors, LLC$866K
Largest adds
- Gradient Investments LLC$9M
- Willow Financial LLC$2M
- Brown Financial Advisors$867K
- Strait & Sound Wealth Management LLC$589K
- Mattson Financial Services, LLC$582K
- Diversified Portfolios, Inc.$444K
Largest trims
- CITADEL ADVISORS LLC$6M
- JANE STREET GROUP, 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 |
|---|---|---|---|---|
| Gradient Investments LLC added | 1,104,568 | $56M | 34.1% | 2026-Q1 |
| Tanager Wealth Management LLP new | 204,728 | $10M | 6.3% | 2026-Q1 |
| Lido Advisors, LLC added | 129,558 | $7M | 4.0% | 2026-Q1 |
| Strait & Sound Wealth Management LLC added | 121,143 | $6M | 3.7% | 2026-Q1 |
| Mattson Financial Services, LLC added | 118,316 | $6M | 3.7% | 2026-Q1 |
| Willow Financial LLC added | 117,064 | $6M | 3.6% | 2026-Q1 |
| ROYAL BANK OF CANADA new | 110,542 | $6M | 3.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 104,314 | $5M | 3.2% | 2026-Q1 |
| Brown Financial Advisors added | 73,575 | $4M | 2.3% | 2026-Q1 |
| Diversified Portfolios, Inc. added | 46,428 | $2M | 1.4% | 2026-Q1 |
| Paladin Wealth, LLC added | 39,068 | $2M | 1.2% | 2026-Q1 |
| Compass Financial Group, Inc. (Ohio) new | 25,026 | $1M | 0.8% | 2026-Q1 |
| HighTower Advisors, LLC new | 14,900 | $762K | 0.5% | 2026-Q1 |
| Grantvest Financial Group LLC trimmed | 12,965 | $663K | 0.4% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 12,798 | $655K | 0.4% | 2026-Q1 |
| Capstone Wealth Management Group LLC added | 11,990 | $613K | 0.4% | 2026-Q1 |
| MONECO ADVISORS, LLC added | 10,331 | $528K | 0.3% | 2026-Q1 |
| ARGUS INVESTORS' COUNSEL, INC. new | 9,116 | $466K | 0.3% | 2026-Q1 |
| CWM, LLC added | 7,192 | $368K | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 6,580 | $337K | 0.2% | 2026-Q1 |
| KINTRA WEALTH, LLC trimmed | 5,703 | $292K | 0.2% | 2026-Q1 |
| NOTTINGHAM ADVISORS, INC. new | 5,073 | $259K | 0.2% | 2026-Q1 |
| Advisory Services Network, LLC new | 4,717 | $241K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 4,464 | $228K | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 4,250 | $217K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. | 435 | $22K | 0.0% | 2026-Q1 |
| Allworth Financial LP | 116 | $6K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc | 50 | $3K | 0.0% | 2026-Q1 |
| MORGAN STANLEY | 49 | $3K | 0.0% | 2026-Q1 |
| FMR LLC | 8 | $395 | 0.0% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 307,375 | $16M | 9.6% | 2025-Q4 stale |
| Orion Porfolio Solutions, LLC added | 156,634 | $8M | 4.9% | 2025-Q4 stale |
| Oasis Advisors, LLC new | 152,421 | $8M | 4.7% | 2025-Q4 stale |
| Exchange Capital Management, Inc. added | 118,577 | $6M | 3.7% | 2025-Q2 stale |
| FOUNDATIONS INVESTMENT ADVISORS, LLC added | 32,913 | $2M | 1.0% | 2025-Q4 stale |
| FULLCIRCLE WEALTH LLC trimmed | 30,647 | $2M | 1.0% | 2025-Q3 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 29,489 | $2M | 0.9% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC new | 25,197 | $1M | 0.8% | 2025-Q1 stale |
| Safe Harbor Wealth Advisors, LLC new | 16,766 | $866K | 0.5% | 2025-Q4 stale |
| Crew Capital Management, Ltd. added | 15,807 | $807K | 0.5% | 2025-Q1 stale |
| FLOW TRADERS U.S. LLC added | 11,072 | $570K | 0.3% | 2025-Q4 stale |
| Inspire Advisors, LLC trimmed | 9,908 | $510K | 0.3% | 2025-Q4 stale |
| Castleview Partners, LLC trimmed | 8,390 | $432K | 0.3% | 2025-Q4 stale |
| GOLDMAN SACHS GROUP INC new | 8,044 | $414K | 0.2% | 2025-Q4 stale |
| Nemes Rush Group LLC | 2,543 | $131K | 0.1% | 2025-Q4 stale |
| Global Retirement Partners, LLC added | 2,251 | $116K | 0.1% | 2025-Q4 stale |
| UBS Group AG trimmed | 100 | $5K | 0.0% | 2025-Q2 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.