Who owns BCD
Which tracked institutional funds hold BCD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BCD 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
12 tracked funds added or opened BCD while 13 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
BCD’s largest tracked holder by dollar value, Alaska Permanent Capital Management, LLC, sizes it at 2.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BCD 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 79 tracked filers holding BCD, 39 increased or opened the position and 41 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 BCD 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 2
- JANE STREET GROUP, LLC$1M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
Full exits 5
- Columbia River Financial Group, LLC$6M
- RFG Advisory, LLC$3M
- FDx Advisors, Inc.$3M
- RETIREMENT GUYS FORMULA LLC$1M
- COHEN & STEERS, INC.$847K
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$9M
- Inspire Advisors, LLC$5M
- AMERICAN NATIONAL BANK & TRUST$3M
- MML INVESTORS SERVICES, LLC$3M
- RHS Financial, LLC$2M
- OSAIC HOLDINGS, INC.$638K
Largest trims
- Alaska Permanent Capital Management, LLC$6M
- UBS Group AG$1M
- LPL Financial LLC$824K
- Columbus Macro, LLC$711K
- Cetera Investment Advisers$693K
- Impact Investors, Inc$476K
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 |
|---|---|---|---|---|
| Alaska Permanent Capital Management, LLC trimmed | 1,290,448 | $44M | 18.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 519,787 | $18M | 7.4% | 2026-Q2 |
| Alaska Wealth Advisors, LLC added | 473,129 | $16M | 6.7% | 2026-Q2 |
| Columbus Macro, LLC trimmed | 377,190 | $13M | 5.4% | 2026-Q2 |
| HENGEHOLD CAPITAL MANAGEMENT LLC added | 345,225 | $12M | 4.9% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 315,649 | $11M | 4.5% | 2026-Q2 |
| AMERICAN NATIONAL BANK & TRUST added | 291,558 | $10M | 4.1% | 2026-Q2 |
| Inspire Advisors, LLC added | 239,311 | $8M | 3.4% | 2026-Q2 |
| LPL Financial LLC trimmed | 165,348 | $6M | 2.3% | 2026-Q2 |
| Ameritas Investment Partners, Inc. added | 159,913 | $5M | 2.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 135,256 | $5M | 1.9% | 2026-Q2 |
| ASSETMARK, INC added | 134,209 | $5M | 1.9% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 130,613 | $4M | 1.9% | 2026-Q2 |
| UBS Group AG trimmed | 128,128 | $4M | 1.8% | 2026-Q2 |
| CoreCap Advisors, LLC added | 103,163 | $4M | 1.5% | 2026-Q2 |
| Impact Investors, Inc trimmed | 93,798 | $3M | 1.3% | 2026-Q2 |
| RHS Financial, LLC added | 92,160 | $3M | 1.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 86,723 | $3M | 1.2% | 2026-Q2 |
| Mengis Capital Management, Inc. added | 85,537 | $3M | 1.2% | 2026-Q2 |
| WEALTH MANAGEMENT RESOURCES, INC. trimmed | 83,127 | $3M | 1.2% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 76,641 | $3M | 1.1% | 2026-Q2 |
| Ifrah Financial Services, Inc. trimmed | 59,005 | $2M | 0.8% | 2026-Q2 |
| Millington Financial Advisors, LLC added | 54,609 | $2M | 0.8% | 2026-Q2 |
| Madison Asset Management, LLC added | 55,844 | $2M | 0.8% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 46,634 | $2M | 0.7% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 41,350 | $1M | 0.6% | 2026-Q2 |
| Atria Investments, Inc trimmed | 40,979 | $1M | 0.6% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 40,899 | $1M | 0.6% | 2026-Q2 |
| Lifetime Wealth Management P.C. added | 35,235 | $1M | 0.5% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 33,696 | $1M | 0.5% | 2026-Q2 |
| Alhambra Investment Management LLC trimmed | 33,382 | $1M | 0.5% | 2026-Q2 |
| ALLSTREET CAPITAL ADVISORS LLC added | 32,482 | $1M | 0.5% | 2026-Q2 |
| InTrack Investment Management Inc added | 28,430 | $971K | 0.4% | 2026-Q2 |
| Cooper Financial Group added | 25,054 | $856K | 0.4% | 2026-Q2 |
| BCS Private Wealth Management, Inc. added | 24,725 | $844K | 0.4% | 2026-Q2 |
| WEALTHSPAN PARTNERS, LLC added | 20,402 | $697K | 0.3% | 2026-Q2 |
| IHT Wealth Management, LLC trimmed | 19,194 | $655K | 0.3% | 2026-Q2 |
| Crescent Grove Advisors, LLC | 16,371 | $559K | 0.2% | 2026-Q2 |
| Avail Investment Partners, LLC trimmed | 15,669 | $535K | 0.2% | 2026-Q2 |
| Investment Research Partners LLC trimmed | 15,669 | $535K | 0.2% | 2026-Q2 |
| SECURED RETIREMENT ADVISORS, LLC trimmed | 14,287 | $488K | 0.2% | 2026-Q2 |
| PETRA FINANCIAL ADVISORS INC added | 13,528 | $462K | 0.2% | 2026-Q2 |
| Andina Capital Management, LLC trimmed | 12,786 | $437K | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 11,747 | $401K | 0.2% | 2026-Q2 |
| World Investment Advisors | 11,092 | $396K | 0.2% | 2026-Q2 |
| Centurion Wealth Management LLC | 11,223 | $383K | 0.2% | 2026-Q2 |
| Schrum Private Wealth Management LLC trimmed | 10,432 | $340K | 0.1% | 2026-Q2 |
| Triton Financial Group Inc trimmed | 9,392 | $321K | 0.1% | 2026-Q2 |
| Note Advisors, LLC added | 8,944 | $305K | 0.1% | 2026-Q2 |
| SHEETS SMITH WEALTH MANAGEMENT | 7,867 | $269K | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC new | 7,416 | $253K | 0.1% | 2026-Q2 |
| Stokes Family Office, LLC | 7,270 | $248K | 0.1% | 2026-Q2 |
| Jefferies Financial Group Inc. added | 6,928 | $237K | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 6,079 | $208K | 0.1% | 2026-Q2 |
| MeadowBrook Investment Advisors LLC added | 5,355 | $185K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 3,273 | $112K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 2,964 | $101K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 2,026 | $69K | 0.0% | 2026-Q2 |
| MORGAN STANLEY added | 2,002 | $68K | 0.0% | 2026-Q2 |
| FARMERS & MERCHANTS INVESTMENTS INC | 1,915 | $65K | 0.0% | 2026-Q2 |
| Strategic Investment Solutions, Inc. /IL added | 1,878 | $64K | 0.0% | 2026-Q2 |
| PlanVest Financial, Inc added | 1,737 | $59K | 0.0% | 2026-Q2 |
| PENSION & WEALTH MANAGEMENT ADVISORS, INC. new | 1,366 | $47K | 0.0% | 2026-Q2 |
| Eurizon Asset Management Hungary Ltd. | 700 | $24K | 0.0% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec | 665 | $23K | 0.0% | 2026-Q2 |
| Whipplewood Advisors, LLC trimmed | 655 | $22K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 419 | $14K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 133 | $5K | 0.0% | 2026-Q2 |
| Aptus Capital Advisors, LLC | 127 | $4K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 103 | $4K | 0.0% | 2026-Q2 |
| CALDWELL SUTTER CAPITAL, INC. | 70 | $2K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 49 | $2K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 38 | $1K | 0.0% | 2026-Q2 |
| Nemes Rush Group LLC | 32 | $1K | 0.0% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV | 27 | $922 | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC trimmed | 26 | $888 | 0.0% | 2026-Q2 |
| FMR LLC trimmed | 13 | $433 | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO | 0 | $32 | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 0 | $13 | 0.0% | 2026-Q2 |
| Columbia River Financial Group, LLC added | 157,494 | $6M | 2.3% | 2026-Q1 stale (1 quarter behind) |
| RFG Advisory, LLC added | 97,266 | $3M | 1.4% | 2026-Q1 stale (1 quarter behind) |
| FDx Advisors, Inc. added | 95,132 | $3M | 1.4% | 2026-Q1 stale (1 quarter behind) |
| RETIREMENT GUYS FORMULA LLC added | 28,948 | $1M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| COHEN & STEERS, INC. added | 23,678 | $847K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Accel Wealth Management added | 12,753 | $456K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| MERCER GLOBAL ADVISORS INC /ADV added | 10,587 | $379K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 8,952 | $320K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Ameritas Advisory Services, LLC added | 6,317 | $226K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| VanderPol Investments L.L.C. added | 74,259 | $2M | 1.0% | 2025-Q4 stale (2 quarters behind) |
| Rede Wealth, LLC trimmed | 11,547 | $357K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| SUMMIT WEALTH GROUP LLC / CO new | 2,088 | $259K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| NewEdge Advisors, LLC added | 7,298 | $251K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| FIG FINANCIAL ADVISORY SERVICES INC /ADV added | 92,000 | $3M | 1.3% | 2025-Q2 stale (4 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 89,882 | $3M | 1.2% | 2025-Q2 stale (4 quarters behind) |
| CW Advisors, LLC trimmed | 75,959 | $3M | 1.0% | 2025-Q2 stale (4 quarters behind) |
| Lansing Street Advisors added | 43,529 | $1M | 0.6% | 2025-Q2 stale (4 quarters behind) |
| WEDBUSH SECURITIES INC added | 36,833 | $1M | 0.5% | 2025-Q2 stale (4 quarters behind) |
| Freedom Investment Management, Inc. trimmed | 10,183 | $338K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| GREAT LAKES ADVISORS, LLC trimmed | 9,407 | $312K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Sovran Advisors, LLC trimmed | 7,668 | $257K | 0.1% | 2025-Q2 stale (4 quarters behind) |
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.