Who owns BUFQ
Which tracked institutional funds hold BUFQ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BUFQ 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
38 tracked funds added or opened BUFQ while 27 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
BUFQ’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes BUFQ more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BUFQ 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 169 tracked filers holding BUFQ, 98 increased or opened the position and 68 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 BUFQ 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 9
- Independent Advisor Alliance$11M
- Advisory Services Network, LLC$3M
- Accel Wealth Management$3M
- Keystone Wealth Services, LLC$2M
- Macro Advisors, Inc.$1M
- JANE STREET GROUP, LLC$962K
Full exits 4
- Concorde Asset Management, LLC$6M
- CoreCap Advisors, LLC$2M
- Sigma Planning Corp$2M
- GPS Wealth Strategies Group, LLC$591K
Largest adds
- LPL Financial LLC$31M
- WELLS FARGO & COMPANY/MN$12M
- Cetera Investment Advisers$7M
- ENVESTNET ASSET MANAGEMENT INC$4M
- Gateway Wealth Partners, LLC$2M
- Seros Financial, LLC$2M
Largest trims
- NewEdge Advisors, LLC$26M
- IFG Advisory, LLC$4M
- OSAIC HOLDINGS, INC.$2M
- Geneos Wealth Management Inc.$2M
- RAYMOND JAMES FINANCIAL INC$1M
- MML INVESTORS SERVICES, 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 |
|---|---|---|---|---|
| LPL Financial LLC added | 8,522,485 | $301M | 31.0% | 2026-Q1 |
| Cetera Investment Advisers added | 1,626,485 | $57M | 5.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,152,123 | $41M | 4.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 943,085 | $33M | 3.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 659,235 | $23M | 2.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 646,336 | $23M | 2.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 637,315 | $23M | 2.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 574,853 | $20M | 2.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 537,124 | $19M | 2.0% | 2026-Q1 |
| Centennial Wealth Advisory LLC added | 516,655 | $18M | 1.9% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 435,945 | $15M | 1.6% | 2026-Q1 |
| Equitable Holdings, Inc. added | 415,783 | $15M | 1.5% | 2026-Q1 |
| Valtinson Bruner Financial Planning LLC trimmed | 390,643 | $14M | 1.4% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. trimmed | 377,718 | $13M | 1.4% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 332,272 | $12M | 1.2% | 2026-Q1 |
| Mariner, LLC trimmed | 326,971 | $12M | 1.2% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 300,904 | $11M | 1.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 297,608 | $11M | 1.1% | 2026-Q1 |
| IMG Wealth Management, Inc. added | 287,580 | $10M | 1.0% | 2026-Q1 |
| Seros Financial, LLC added | 272,124 | $10M | 1.0% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 259,711 | $9M | 0.9% | 2026-Q1 |
| Geneos Wealth Management Inc. trimmed | 227,297 | $8M | 0.8% | 2026-Q1 |
| Private Advisor Group, LLC added | 208,047 | $7M | 0.8% | 2026-Q1 |
| Gladstone Institutional Advisory LLC trimmed | 195,690 | $7M | 0.7% | 2026-Q1 |
| RiverTree Advisors, LLC trimmed | 188,585 | $7M | 0.7% | 2026-Q1 |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 181,361 | $6M | 0.7% | 2026-Q1 |
| FOCUS Wealth Advisors, LLC trimmed | 167,491 | $6M | 0.6% | 2026-Q1 |
| Prism Advisors, Inc. added | 166,188 | $6M | 0.6% | 2026-Q1 |
| Legacy Wealth Managment, LLC/ID added | 161,426 | $6M | 0.6% | 2026-Q1 |
| IAMS WEALTH MANAGEMENT, LLC added | 149,275 | $5M | 0.5% | 2026-Q1 |
| MPWM ADVISORY SOLUTIONS, LLC trimmed | 145,752 | $5M | 0.5% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 143,445 | $5M | 0.5% | 2026-Q1 |
| Richmond Investment Services, LLC added | 130,904 | $5M | 0.5% | 2026-Q1 |
| Atria Investments, Inc added | 127,969 | $5M | 0.5% | 2026-Q1 |
| Gallagher Fiduciary Advisors, LLC added | 125,306 | $4M | 0.5% | 2026-Q1 |
| CWM, LLC added | 123,586 | $4M | 0.4% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 118,131 | $4M | 0.4% | 2026-Q1 |
| Financial Guidance Group, Inc. added | 117,411 | $4M | 0.4% | 2026-Q1 |
| WORLD EQUITY GROUP, INC. added | 114,910 | $4M | 0.4% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 114,892 | $4M | 0.4% | 2026-Q1 |
| Pitti Group Wealth Management, LLC trimmed | 110,923 | $4M | 0.4% | 2026-Q1 |
| TWIN PEAKS WEALTH ADVISORS, LLC added | 103,806 | $4M | 0.4% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 99,587 | $4M | 0.4% | 2026-Q1 |
| Ergawealth Advisors, Inc. trimmed | 91,620 | $3M | 0.3% | 2026-Q1 |
| Triton Wealth Management, PLLC trimmed | 87,432 | $3M | 0.3% | 2026-Q1 |
| Goldenstone Wealth Management LLC trimmed | 86,997 | $3M | 0.3% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 766,296 | $3M | 0.3% | 2026-Q1 |
| Golden State Wealth Management, LLC trimmed | 84,983 | $3M | 0.3% | 2026-Q1 |
| Advisory Services Network, LLC added | 83,728 | $3M | 0.3% | 2026-Q1 |
| Prasad Wealth Partners, LLC added | 82,628 | $3M | 0.3% | 2026-Q1 |
| Kovack Advisors, Inc. added | 81,570 | $3M | 0.3% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 81,736 | $3M | 0.3% | 2026-Q1 |
| HighPoint Advisor Group LLC added | 80,541 | $3M | 0.3% | 2026-Q1 |
| Accel Wealth Management new | 79,448 | $3M | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 76,895 | $3M | 0.3% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 76,322 | $3M | 0.3% | 2026-Q1 |
| Midwest Financial Group LLC added | 72,932 | $3M | 0.3% | 2026-Q1 |
| BLUEDOOR PRIVATE WEALTH, LLC added | 62,680 | $2M | 0.2% | 2026-Q1 |
| Prospera Financial Services Inc added | 62,663 | $2M | 0.2% | 2026-Q1 |
| Maridea Wealth Management LLC added | 58,338 | $2M | 0.2% | 2026-Q1 |
| Ipsen Advisor Group LLC added | 47,788 | $2M | 0.2% | 2026-Q1 |
| Keystone Wealth Services, LLC added | 47,696 | $2M | 0.2% | 2026-Q1 |
| Ignite Planners, LLC | 46,728 | $2M | 0.2% | 2026-Q1 |
| HBW ADVISORY SERVICES LLC trimmed | 45,914 | $2M | 0.2% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 44,964 | $2M | 0.2% | 2026-Q1 |
| WCG Wealth Advisors LLC added | 44,517 | $2M | 0.2% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 43,799 | $2M | 0.2% | 2026-Q1 |
| Rubicon Advisors, GP added | 43,016 | $2M | 0.2% | 2026-Q1 |
| Foundations Investment Advisors, LLC trimmed | 42,867 | $2M | 0.2% | 2026-Q1 |
| Brookstone Capital Management added | 42,232 | $1M | 0.2% | 2026-Q1 |
| SLT Holdings LLC trimmed | 40,807 | $1M | 0.1% | 2026-Q1 |
| OPPENHEIMER & CO INC added | 39,587 | $1M | 0.1% | 2026-Q1 |
| Stratos Wealth Advisors, LLC trimmed | 39,202 | $1M | 0.1% | 2026-Q1 |
| Western Wealth Management, LLC added | 36,115 | $1M | 0.1% | 2026-Q1 |
| Macro Advisors, Inc. new | 35,445 | $1M | 0.1% | 2026-Q1 |
| Claris Financial LLC added | 34,829 | $1M | 0.1% | 2026-Q1 |
| Catalyst Investment Management LLC trimmed | 31,156 | $1M | 0.1% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 32,129 | $1M | 0.1% | 2026-Q1 |
| Benson Wealth Management INC added | 31,291 | $1M | 0.1% | 2026-Q1 |
| Capital Analysts, LLC | 30,836 | $1M | 0.1% | 2026-Q1 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV added | 30,071 | $1M | 0.1% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 28,823 | $1M | 0.1% | 2026-Q1 |
| INTEGRITY ALLIANCE, LLC. added | 27,301 | $964K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 27,244 | $962K | 0.1% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 25,965 | $917K | 0.1% | 2026-Q1 |
| RFG Advisory, LLC added | 25,678 | $907K | 0.1% | 2026-Q1 |
| Ameritas Investment Partners, Inc. added | 25,535 | $902K | 0.1% | 2026-Q1 |
| Soltis Investment Advisors LLC trimmed | 25,276 | $893K | 0.1% | 2026-Q1 |
| Creekmur Asset Management LLC added | 1,253,566 | $44M | 4.5% | 2025-Q3 stale |
| Good Life Advisors, LLC added | 561,752 | $19M | 1.9% | 2025-Q2 stale |
| Concorde Asset Management, LLC trimmed | 172,301 | $6M | 0.6% | 2025-Q4 stale |
| NORTHEAST PLANNING ASSOCIATES, INC. / NH / added | 88,474 | $3M | 0.3% | 2025-Q3 stale |
| Legacy Investment Solutions, LLC added | 71,427 | $2M | 0.2% | 2025-Q2 stale |
| CoreCap Advisors, LLC trimmed | 62,297 | $2M | 0.2% | 2025-Q4 stale |
| Cooper Financial Group added | 63,470 | $2M | 0.2% | 2025-Q2 stale |
| Atria Wealth Solutions, Inc. added | 55,002 | $2M | 0.2% | 2025-Q2 stale |
| Tyler-Stone Wealth Management trimmed | 53,238 | $2M | 0.2% | 2025-Q2 stale |
| Sigma Planning Corp added | 78,927 | $2M | 0.2% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC added | 46,940 | $1M | 0.1% | 2025-Q1 stale |
| B. Riley Wealth Advisors, Inc. added | 29,547 | $981K | 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.