Who owns BSMT
Which tracked institutional funds hold BSMT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BSMT company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-29). 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 BSMT is one-sided between 2025-Q4 and 2026-Q1: 22 added or opened and 7 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
BSMT’s largest tracked holder by dollar value, Elequin Capital, LP, sizes it at 6.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 6.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BSMT 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 113 tracked filers holding BSMT, 70 increased or opened the position and 34 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 BSMT 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 2
- CONFLUENCE INVESTMENT MANAGEMENT LLC$2M
- Willis Johnson & Associates, Inc.$989K
Full exits 3
- NewEdge Advisors, LLC$4M
- Farmers National Bank$1M
- Koss-Olinger Consulting, LLC$661K
Largest adds
- Elequin Capital, LP$20M
- UBS Group AG$1M
- Legacy Private Trust Co.$661K
- Avior Wealth Management, LLC$616K
- LPL Financial LLC$604K
- BANK OF AMERICA CORP /DE/$590K
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$54M
- Kathmere Capital Management, LLC$515K
- CENTRAL VALLEY ADVISORS, LLC$340K
- MML INVESTORS SERVICES, LLC$267K
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 |
|---|---|---|---|---|
| Elequin Capital, LP added | 943,376 | $22M | 10.8% | 2026-Q1 |
| Hills Bank & Trust Co added | 659,279 | $15M | 7.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 586,718 | $14M | 6.6% | 2026-Q1 |
| LPL Financial LLC added | 299,559 | $7M | 3.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 291,824 | $7M | 3.3% | 2026-Q1 |
| Invesco Ltd. added | 291,404 | $7M | 3.3% | 2026-Q1 |
| Kathmere Capital Management, LLC trimmed | 251,833 | $6M | 2.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 245,117 | $6M | 2.8% | 2026-Q1 |
| UBS Group AG added | 233,923 | $5M | 2.6% | 2026-Q1 |
| Avior Wealth Management, LLC added | 229,676 | $5M | 2.6% | 2026-Q1 |
| HighTower Advisors, LLC added | 221,140 | $5M | 2.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 199,409 | $5M | 2.2% | 2026-Q1 |
| Atlantic Union Bankshares Corp added | 190,603 | $4M | 2.1% | 2026-Q1 |
| CENTRAL VALLEY ADVISORS, LLC trimmed | 176,473 | $4M | 2.0% | 2026-Q1 |
| PRECEDENT WEALTH PARTNERS, LLC added | 166,299 | $4M | 1.9% | 2026-Q1 |
| Sequoia Financial Advisors, LLC trimmed | 160,243 | $4M | 1.8% | 2026-Q1 |
| MONECO ADVISORS, LLC added | 153,210 | $4M | 1.7% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 135,406 | $3M | 1.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 118,420 | $3M | 1.3% | 2026-Q1 |
| Key Financial Inc trimmed | 110,776 | $3M | 1.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 110,167 | $3M | 1.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 107,458 | $2M | 1.2% | 2026-Q1 |
| Lido Advisors, LLC | 106,400 | $2M | 1.2% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 104,378 | $2M | 1.2% | 2026-Q1 |
| Focus Partners Wealth added | 99,679 | $2M | 1.1% | 2026-Q1 |
| Clark Asset Management, LLC added | 98,737 | $2M | 1.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 98,583 | $2M | 1.1% | 2026-Q1 |
| Legacy Private Trust Co. added | 87,429 | $2M | 1.0% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 85,969 | $2M | 1.0% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 79,023 | $2M | 0.9% | 2026-Q1 |
| SIGNATUREFD, LLC | 77,860 | $2M | 0.9% | 2026-Q1 |
| VestGen Advisors, LLC trimmed | 74,934 | $2M | 0.8% | 2026-Q1 |
| Asset Dedication, LLC added | 74,984 | $2M | 0.8% | 2026-Q1 |
| Coastline Complete Wealth LLC trimmed | 68,735 | $2M | 0.8% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 64,126 | $1M | 0.7% | 2026-Q1 |
| Paulson Wealth Management Inc. added | 57,536 | $1M | 0.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 56,006 | $1M | 0.6% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 46,435 | $1M | 0.5% | 2026-Q1 |
| Carnegie Investment Counsel added | 43,052 | $991K | 0.5% | 2026-Q1 |
| Willis Johnson & Associates, Inc. new | 42,947 | $989K | 0.5% | 2026-Q1 |
| AlphaStar Capital Management, LLC added | 39,374 | $907K | 0.4% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 39,134 | $901K | 0.4% | 2026-Q1 |
| BROWN ADVISORY INC added | 39,086 | $900K | 0.4% | 2026-Q1 |
| Equitable Holdings, Inc. added | 37,175 | $861K | 0.4% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 36,443 | $839K | 0.4% | 2026-Q1 |
| FOURPATH CAPITAL MANAGEMENT, LLC added | 32,363 | $745K | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 31,385 | $723K | 0.4% | 2026-Q1 |
| Marietta Wealth Management, LLC | 30,959 | $713K | 0.3% | 2026-Q1 |
| SENTINEL PENSION ADVISORS, LLC added | 28,720 | $661K | 0.3% | 2026-Q1 |
| Cetera Investment Advisers added | 27,400 | $631K | 0.3% | 2026-Q1 |
| Meridian Wealth Management, LLC | 26,955 | $621K | 0.3% | 2026-Q1 |
| Anchor Investment Management, LLC added | 26,500 | $610K | 0.3% | 2026-Q1 |
| Addison Advisors LLC added | 25,578 | $589K | 0.3% | 2026-Q1 |
| HOWARD WEALTH MANAGEMENT, LLC added | 25,392 | $585K | 0.3% | 2026-Q1 |
| Hobbs Group Advisors, LLC added | 23,749 | $547K | 0.3% | 2026-Q1 |
| Horizons Wealth Management added | 23,343 | $537K | 0.3% | 2026-Q1 |
| TLWM trimmed | 22,162 | $510K | 0.2% | 2026-Q1 |
| PRIVATE TRUST CO NA added | 22,079 | $508K | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 20,670 | $476K | 0.2% | 2026-Q1 |
| SILVERLAKE WEALTH MANAGEMENT LLC | 20,599 | $474K | 0.2% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 19,860 | $457K | 0.2% | 2026-Q1 |
| Jacobi Capital Management LLC | 18,476 | $425K | 0.2% | 2026-Q1 |
| Clearstead Advisors, LLC | 17,254 | $397K | 0.2% | 2026-Q1 |
| Heritage Trust Co added | 17,208 | $396K | 0.2% | 2026-Q1 |
| Invariant Investment Management trimmed | 16,774 | $388K | 0.2% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 16,221 | $373K | 0.2% | 2026-Q1 |
| Cambridge Financial Group, LLC trimmed | 15,938 | $367K | 0.2% | 2026-Q1 |
| Wingate Wealth Advisors, Inc. added | 15,737 | $362K | 0.2% | 2026-Q1 |
| Cooksen Wealth, LLC | 15,203 | $350K | 0.2% | 2026-Q1 |
| Wealthcare Advisory Partners LLC | 14,491 | $334K | 0.2% | 2026-Q1 |
| WealthBridge Capital Management, LLC added | 14,300 | $329K | 0.2% | 2026-Q1 |
| First Command Advisory Services, Inc. added | 13,693 | $315K | 0.2% | 2026-Q1 |
| LEAVELL INVESTMENT MANAGEMENT, INC. added | 13,385 | $308K | 0.2% | 2026-Q1 |
| Accurate Wealth Management, LLC added | 13,187 | $305K | 0.1% | 2026-Q1 |
| Bill Few Associates, Inc. | 13,062 | $301K | 0.1% | 2026-Q1 |
| WESPAC Advisors, LLC | 13,000 | $299K | 0.1% | 2026-Q1 |
| FF Advisors,LLC trimmed | 12,961 | $299K | 0.1% | 2026-Q1 |
| HUB Investment Partners, LLC added | 12,778 | $294K | 0.1% | 2026-Q1 |
| Intentional Wealth Strategies, LLC new | 12,444 | $287K | 0.1% | 2026-Q1 |
| Prospera Financial Services Inc added | 11,025 | $254K | 0.1% | 2026-Q1 |
| YANKCOM Partnership trimmed | 10,759 | $248K | 0.1% | 2026-Q1 |
| River Street Advisors LLC | 10,513 | $242K | 0.1% | 2026-Q1 |
| Cypress Wealth Services, LLC new | 10,449 | $241K | 0.1% | 2026-Q1 |
| World Investment Advisors new | 10,421 | $240K | 0.1% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. new | 10,421 | $240K | 0.1% | 2026-Q1 |
| CGN Advisors LLC trimmed | 10,115 | $233K | 0.1% | 2026-Q1 |
| MISSION WEALTH MANAGEMENT, LP new | 10,000 | $230K | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 9,857 | $227K | 0.1% | 2026-Q1 |
| Sterling Financial Group, Inc. added | 206,991 | $5M | 2.3% | 2025-Q3 stale |
| NewEdge Advisors, LLC added | 171,018 | $4M | 1.9% | 2025-Q4 stale |
| AMERIPRISE FINANCIAL INC trimmed | 65,960 | $1M | 0.7% | 2025-Q2 stale |
| TORONTO DOMINION BANK added | 63,738 | $1M | 0.7% | 2025-Q1 stale |
| Farmers National Bank added | 52,287 | $1M | 0.6% | 2025-Q4 stale |
| Koss-Olinger Consulting, LLC | 28,555 | $661K | 0.3% | 2025-Q4 stale |
| Summit Trail Advisors, LLC new | 21,040 | $487K | 0.2% | 2025-Q4 stale |
| StoneX Group Inc. trimmed | 18,692 | $433K | 0.2% | 2025-Q4 stale |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 16,949 | $394K | 0.2% | 2025-Q4 stale |
| IFG Advisory, LLC added | 15,496 | $359K | 0.2% | 2025-Q4 stale |
| PAX Financial Group, LLC added | 14,056 | $320K | 0.2% | 2025-Q1 stale |
| Freedom Investment Management, Inc. trimmed | 11,338 | $257K | 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.