Who owns BSTP
Which tracked institutional funds hold BSTP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BSTP 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
5 tracked funds added or opened BSTP while 6 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
BSTP’s largest tracked holder by dollar value, D.B. Root & Company, LLC, sizes it at 1.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BSTP 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 38 tracked filers holding BSTP, 11 increased or opened the position and 21 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 BSTP 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.
Full exits 3
- Sunbelt Securities, Inc.$7M
- HighTower Advisors, LLC$941K
- Arlington Capital Management, Inc.$500K
Largest adds
- Cetera Investment Advisers$1M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- D.B. Root & Company, LLC$941K
- OSAIC HOLDINGS, INC.$589K
- NATIONS FINANCIAL GROUP INC, /IA/ /ADV$331K
Largest trims
- Triton Financial Group Inc$1M
- OLD MISSION CAPITAL LLC$964K
- COMMONWEALTH EQUITY SERVICES, LLC$448K
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 |
|---|---|---|---|---|
| D.B. Root & Company, LLC added | 217,514 | $9M | 15.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 119,539 | $5M | 8.3% | 2026-Q2 |
| Cetera Investment Advisers added | 92,510 | $4M | 6.4% | 2026-Q2 |
| Cambridge Advisors Inc. trimmed | 78,910 | $3M | 5.5% | 2026-Q2 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV added | 77,567 | $3M | 5.4% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 54,469 | $2M | 3.8% | 2026-Q2 |
| Valtinson Bruner Financial Planning LLC | 49,786 | $2M | 3.4% | 2026-Q2 |
| Triton Financial Group Inc trimmed | 48,903 | $2M | 3.4% | 2026-Q2 |
| Capital Investment Advisory Services, LLC added | 42,142 | $2M | 2.9% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 39,690 | $2M | 2.7% | 2026-Q2 |
| Vista Cima Wealth Management LLC trimmed | 32,835 | $1M | 2.3% | 2026-Q2 |
| OFC FINANCIAL PLANNING, LLC trimmed | 29,332 | $1M | 2.0% | 2026-Q2 |
| Brookstone Capital Management trimmed | 27,630 | $1M | 1.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 22,058 | $868K | 1.5% | 2026-Q2 |
| Krilogy Financial LLC trimmed | 21,730 | $855K | 1.5% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC trimmed | 19,489 | $767K | 1.3% | 2026-Q2 |
| GeoWealth Management, LLC added | 16,002 | $629K | 1.1% | 2026-Q2 |
| LPL Financial LLC trimmed | 15,405 | $606K | 1.1% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. trimmed | 11,048 | $435K | 0.8% | 2026-Q2 |
| OLD MISSION CAPITAL LLC trimmed | 10,926 | $430K | 0.8% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 7,927 | $312K | 0.5% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 7,812 | $307K | 0.5% | 2026-Q2 |
| Diversify Advisory Services, LLC new | 7,731 | $303K | 0.5% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC | 7,731 | $303K | 0.5% | 2026-Q2 |
| Bedel Financial Consulting, Inc. trimmed | 6,794 | $267K | 0.5% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS | 5,950 | $234K | 0.4% | 2026-Q2 |
| Kestra Advisory Services, LLC | 5,842 | $230K | 0.4% | 2026-Q2 |
| FSA Advisors, Inc. trimmed | 5,741 | $226K | 0.4% | 2026-Q2 |
| KFG WEALTH MANAGEMENT, LLC added | 5,683 | $224K | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 5,479 | $214K | 0.4% | 2026-Q2 |
| Aptus Capital Advisors, LLC | 4,075 | $160K | 0.3% | 2026-Q2 |
| Luminist Capital LLC added | 1,265 | $48K | 0.1% | 2026-Q2 |
| Allworth Financial LP | 850 | $33K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 439 | $17K | 0.0% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 45 | $2K | 0.0% | 2026-Q2 |
| AE Wealth Management LLC | 37 | $1K | 0.0% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. | 10 | $394 | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 6 | $236 | 0.0% | 2026-Q2 |
| Sunbelt Securities, Inc. trimmed | 205,710 | $7M | 13.0% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC added | 26,127 | $941K | 1.7% | 2026-Q1 stale (1 quarter behind) |
| Arlington Capital Management, Inc. new | 13,896 | $500K | 0.9% | 2026-Q1 stale (1 quarter behind) |
| ASSETMARK, INC trimmed | 280 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| BARCLAYS PLC trimmed | 10 | $360 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| ROVIN CAPITAL /UT/ /ADV trimmed | 102,391 | $4M | 6.7% | 2025-Q4 stale (2 quarters behind) |
| UBS Group AG trimmed | 80 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Freedom Investment Management, Inc. trimmed | 27,109 | $936K | 1.6% | 2025-Q2 stale (4 quarters behind) |
| Financial Gravity Companies, Inc. new | 94 | $3K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.