Who owns BSV (BSV)
Which tracked institutional funds hold BSV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BSV company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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
312 tracked funds added or opened BSV while 175 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
BSV’s largest tracked holder by dollar value, MERCER GLOBAL ADVISORS INC /ADV, sizes it at 5.3% of its own reported 13F book, while the median holder sizes it at 0.7% of theirs — a 4.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BSV 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 1326 tracked filers holding BSV, 727 increased or opened the position and 526 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 BSV 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 44
- RW Investment Management LLC$105M
- VANGUARD ADVISERS INC$62M
- Waterford Advisors, LLC$19M
- HUB Investment Partners, LLC$16M
- Vertrix Wealth Management, LLC$14M
- 3 FACTOR INDEXING, LLC$13M
Full exits 37
- Nearwater Capital Markets, Ltd$63M
- VANGUARD GROUP INC$60M
- COMERICA BANK$58M
- Penserra Capital Management LLC$46M
- BANK OF NOVA SCOTIA$24M
- Aznar Financial Advisors, LLC$13M
Largest adds
- Creative Planning$874M
- ENVESTNET ASSET MANAGEMENT INC$540M
- GOLDMAN SACHS GROUP INC$344M
- MERCER GLOBAL ADVISORS INC /ADV$296M
- BANK OF AMERICA CORP /DE/$219M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$124M
Largest trims
- MORGAN STANLEY$495M
- Envestnet Portfolio Solutions, Inc.$281M
- Allworth Financial LP$172M
- UNITED CAPITAL FINANCIAL ADVISORS, LLC$68M
- Valpey Financial Services, LLC$57M
- US BANCORP \DE\$43M
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 |
|---|---|---|---|---|
| MERCER GLOBAL ADVISORS INC /ADV added | 45,430,446 | $3.6B | 11.4% | 2026-Q1 |
| Creative Planning added | 37,384,791 | $2.9B | 9.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 33,221,965 | $2.6B | 8.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 31,520,462 | $2.5B | 7.9% | 2026-Q1 |
| MORGAN STANLEY trimmed | 24,398,046 | $1.9B | 6.1% | 2026-Q1 |
| Empower Advisory Group, LLC added | 22,545,470 | $1.8B | 5.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 19,710,804 | $1.5B | 5.0% | 2026-Q1 |
| Allworth Financial LP trimmed | 17,525,641 | $1.4B | 4.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 12,644,333 | $991M | 3.2% | 2026-Q1 |
| NORTHERN TRUST CORP added | 11,574,338 | $908M | 2.9% | 2026-Q1 |
| Truepoint, Inc. added | 7,217,987 | $566M | 1.8% | 2026-Q1 |
| LPL Financial LLC added | 7,122,050 | $558M | 1.8% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 6,435,212 | $505M | 1.6% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 6,107,968 | $479M | 1.5% | 2026-Q1 |
| LINCOLN NATIONAL CORP added | 3,904,033 | $306M | 1.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 3,901,473 | $306M | 1.0% | 2026-Q1 |
| UBS Group AG added | 3,880,195 | $304M | 1.0% | 2026-Q1 |
| Corient Private Wealth LLC added | 3,615,309 | $282M | 0.9% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 3,461,252 | $271M | 0.9% | 2026-Q1 |
| Cerity Partners LLC added | 3,401,273 | $267M | 0.9% | 2026-Q1 |
| Sequoia Financial Advisors, LLC added | 3,378,481 | $265M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp added | 2,896,476 | $227M | 0.7% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 2,847,873 | $223M | 0.7% | 2026-Q1 |
| Cetera Investment Advisers added | 2,562,512 | $201M | 0.6% | 2026-Q1 |
| True Link Financial Advisors, LLC added | 2,482,487 | $195M | 0.6% | 2026-Q1 |
| Purpose Unlimited Inc. added | 2,281,126 | $179M | 0.6% | 2026-Q1 |
| MetLife Investment Management, LLC trimmed | 2,274,500 | $178M | 0.6% | 2026-Q1 |
| Focus Partners Wealth added | 2,136,503 | $168M | 0.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,052,704 | $161M | 0.5% | 2026-Q1 |
| WIT, LLC added | 2,007,422 | $157M | 0.5% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 1,922,954 | $151M | 0.5% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 1,876,808 | $147M | 0.5% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 1,832,755 | $143M | 0.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 1,822,593 | $143M | 0.5% | 2026-Q1 |
| Apella Capital, LLC trimmed | 1,655,982 | $130M | 0.4% | 2026-Q1 |
| Valmark Advisers, Inc. added | 1,610,639 | $126M | 0.4% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,605,463 | $126M | 0.4% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 1,590,842 | $125M | 0.4% | 2026-Q1 |
| National Philanthropic Trust added | 1,539,713 | $121M | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 1,419,468 | $111M | 0.4% | 2026-Q1 |
| RW Investment Management LLC added | 1,337,847 | $105M | 0.3% | 2026-Q1 |
| &PARTNERS added | 1,296,496 | $102M | 0.3% | 2026-Q1 |
| Smithfield Trust Co trimmed | 1,257,104 | $99M | 0.3% | 2026-Q1 |
| DAVENPORT & Co LLC added | 1,247,485 | $98M | 0.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 1,244,775 | $98M | 0.3% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 1,227,073 | $96M | 0.3% | 2026-Q1 |
| RS CRUM INC. added | 1,192,235 | $93M | 0.3% | 2026-Q1 |
| Freestone Capital Holdings, LLC added | 1,178,149 | $92M | 0.3% | 2026-Q1 |
| World Investment Advisors added | 1,165,049 | $91M | 0.3% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 1,059,778 | $83M | 0.3% | 2026-Q1 |
| EXCHANGE TRADED CONCEPTS, LLC added | 1,051,293 | $82M | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 1,047,720 | $82M | 0.3% | 2026-Q1 |
| PEAPACK GLADSTONE FINANCIAL CORP trimmed | 1,030,165 | $81M | 0.3% | 2026-Q1 |
| Martel Wealth Advisors LLC added | 938,279 | $74M | 0.2% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. trimmed | 883,412 | $69M | 0.2% | 2026-Q1 |
| FIRST MERCHANTS CORP added | 883,399 | $69M | 0.2% | 2026-Q1 |
| Integris Wealth Management, LLC added | 852,779 | $67M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 845,989 | $66M | 0.2% | 2026-Q1 |
| Windward Private Wealth Management Inc. added | 843,187 | $66M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 840,618 | $66M | 0.2% | 2026-Q1 |
| Gemmer Asset Management LLC added | 820,442 | $64M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 820,049 | $64M | 0.2% | 2026-Q1 |
| Petersen Hastings Wealth Advisors Inc. added | 800,052 | $63M | 0.2% | 2026-Q1 |
| VANGUARD ADVISERS INC new | 788,554 | $62M | 0.2% | 2026-Q1 |
| Capital Analysts, LLC added | 760,204 | $60M | 0.2% | 2026-Q1 |
| Savant Capital, LLC added | 751,045 | $59M | 0.2% | 2026-Q1 |
| Focus Partners Advisor Solutions, LLC added | 744,552 | $58M | 0.2% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC added | 725,647 | $57M | 0.2% | 2026-Q1 |
| Charter Oak Capital Management, LLC trimmed | 705,781 | $55M | 0.2% | 2026-Q1 |
| TD Capital Management LLC trimmed | 694,812 | $54M | 0.2% | 2026-Q1 |
| Composition Wealth, LLC added | 684,544 | $54M | 0.2% | 2026-Q1 |
| Trajan Wealth LLC added | 684,435 | $54M | 0.2% | 2026-Q1 |
| Efficient Advisors, LLC trimmed | 639,290 | $50M | 0.2% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 633,874 | $50M | 0.2% | 2026-Q1 |
| Arbor Investment Advisors, LLC added | 628,847 | $49M | 0.2% | 2026-Q1 |
| Betterment LLC added | 628,308 | $49M | 0.2% | 2026-Q1 |
| Symmetry Partners, LLC trimmed | 620,410 | $49M | 0.2% | 2026-Q1 |
| International City Management Association Retirement Corp | 599,500 | $47M | 0.2% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 588,387 | $46M | 0.1% | 2026-Q1 |
| PRESILIUM PRIVATE WEALTH, LLC added | 550,056 | $43M | 0.1% | 2026-Q1 |
| Annandale Capital, LLC added | 547,601 | $43M | 0.1% | 2026-Q1 |
| TOBIAS FINANCIAL ADVISORS, INC. added | 543,467 | $43M | 0.1% | 2026-Q1 |
| Baird Financial Group, Inc. added | 517,565 | $41M | 0.1% | 2026-Q1 |
| Clark Asset Management, LLC added | 517,528 | $41M | 0.1% | 2026-Q1 |
| Old Peak Finance LLC added | 505,452 | $40M | 0.1% | 2026-Q1 |
| Partners in Financial Planning added | 477,374 | $37M | 0.1% | 2026-Q1 |
| Orion Porfolio Solutions, LLC added | 476,098 | $37M | 0.1% | 2026-Q1 |
| Mariner, LLC added | 462,288 | $36M | 0.1% | 2026-Q1 |
| Human Investing LLC trimmed | 449,426 | $35M | 0.1% | 2026-Q1 |
| Savvy Advisors, Inc. added | 440,801 | $35M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 3,173,734 | $248M | 0.8% | 2025-Q1 stale |
| Willow Creek Wealth Management Inc. added | 1,503,962 | $119M | 0.4% | 2025-Q3 stale |
| MKP Capital Management, L.L.C. | 970,000 | $76M | 0.2% | 2025-Q2 stale |
| CW Advisors, LLC added | 918,429 | $72M | 0.2% | 2025-Q2 stale |
| Nearwater Capital Markets, Ltd new | 800,000 | $63M | 0.2% | 2025-Q4 stale |
| VANGUARD GROUP INC added | 756,865 | $60M | 0.2% | 2025-Q4 stale |
| COMERICA BANK trimmed | 737,194 | $58M | 0.2% | 2025-Q4 stale |
| Jentner Corp added | 722,651 | $57M | 0.2% | 2025-Q2 stale |
| Penserra Capital Management LLC trimmed | 589,892 | $46M | 0.1% | 2025-Q4 stale |
| Corrigan Financial, Inc. added | 532,617 | $42M | 0.1% | 2025-Q1 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.