Who owns BUFS
Which tracked institutional funds hold BUFS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BUFS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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 BUFS is one-sided between 2026-Q1 and 2026-Q2: 15 added or opened and 4 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
BUFS’s largest tracked holder by dollar value, ENVESTNET ASSET MANAGEMENT INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes BUFS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BUFS 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 46 tracked filers holding BUFS, 30 increased or opened the position and 18 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 BUFS 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
- Cambridge Investment Research Advisors, Inc.$14M
- CWM, LLC$854K
- Capital Analysts, LLC$684K
Largest adds
- NewEdge Advisors, LLC$20M
- MML INVESTORS SERVICES, LLC$7M
- Cetera Investment Advisers$4M
- OSAIC HOLDINGS, INC.$3M
- ENVESTNET ASSET MANAGEMENT INC$3M
- Centennial Wealth Advisory LLC$2M
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$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 |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC added | 888,795 | $22M | 15.0% | 2026-Q2 |
| NewEdge Advisors, LLC added | 824,063 | $21M | 14.0% | 2026-Q2 |
| Centennial Wealth Advisory LLC added | 466,197 | $12M | 7.9% | 2026-Q2 |
| Cetera Investment Advisers added | 408,429 | $10M | 6.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 389,359 | $10M | 6.6% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 340,159 | $9M | 5.8% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 335,044 | $8M | 5.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 298,922 | $7M | 5.1% | 2026-Q2 |
| Advisory Services Network, LLC added | 160,889 | $4M | 2.7% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 76,876 | $2M | 1.3% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 76,469 | $2M | 1.3% | 2026-Q2 |
| AssuredPartners Investment Advisors, LLC trimmed | 73,676 | $2M | 1.2% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 68,321 | $2M | 1.2% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 62,455 | $2M | 1.1% | 2026-Q2 |
| WORLD EQUITY GROUP, INC. added | 57,634 | $1M | 1.0% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 56,972 | $1M | 1.0% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 43,366 | $1M | 0.7% | 2026-Q2 |
| Keystone Wealth Services, LLC added | 42,142 | $1M | 0.7% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 35,406 | $888K | 0.6% | 2026-Q2 |
| Kovack Advisors, Inc. trimmed | 33,931 | $850K | 0.6% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 29,330 | $736K | 0.5% | 2026-Q2 |
| IFP Advisors, Inc added | 28,404 | $713K | 0.5% | 2026-Q2 |
| Kingsview Wealth Management, LLC trimmed | 27,478 | $689K | 0.5% | 2026-Q2 |
| Claro Advisors Inc. added | 27,345 | $686K | 0.5% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 23,624 | $593K | 0.4% | 2026-Q2 |
| Synergy Asset Management, LLC trimmed | 22,197 | $557K | 0.4% | 2026-Q2 |
| Capasso Planning Partners LLC | 21,882 | $549K | 0.4% | 2026-Q2 |
| NewEdge Wealth, LLC trimmed | 19,787 | $496K | 0.3% | 2026-Q2 |
| WINNACLE WEALTH LLC added | 19,676 | $494K | 0.3% | 2026-Q2 |
| LPL Financial LLC new | 18,616 | $467K | 0.3% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC trimmed | 18,435 | $463K | 0.3% | 2026-Q2 |
| OneAscent Financial Services LLC added | 17,903 | $449K | 0.3% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. trimmed | 17,622 | $442K | 0.3% | 2026-Q2 |
| Legacy Capital Wealth Partners, LLC added | 17,579 | $441K | 0.3% | 2026-Q2 |
| ODonnell Financial Services, LLC trimmed | 17,554 | $440K | 0.3% | 2026-Q2 |
| Brookstone Capital Management | 15,701 | $394K | 0.3% | 2026-Q2 |
| Tradition Wealth Management, LLC | 14,260 | $358K | 0.2% | 2026-Q2 |
| ARQ WEALTH ADVISORS, LLC trimmed | 12,863 | $322K | 0.2% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 12,644 | $317K | 0.2% | 2026-Q2 |
| Mariner, LLC added | 11,985 | $301K | 0.2% | 2026-Q2 |
| Ameritas Investment Partners, Inc. added | 11,490 | $288K | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp new | 8,650 | $217K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 3,637 | $91K | 0.1% | 2026-Q2 |
| IFG Advisory, LLC | 3,398 | $85K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC | 1,100 | $28K | 0.0% | 2026-Q2 |
| ASSETMARK, INC new | 291 | $7K | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. added | 608,836 | $14M | 9.5% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC new | 37,044 | $854K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Capital Analysts, LLC added | 29,672 | $684K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| MONETA GROUP INVESTMENT ADVISORS LLC trimmed | 10,391 | $240K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| UBS Group AG trimmed | 1,008 | $23K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 853 | $20K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Ameritas Advisory Services, LLC new | 430 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| OLD MISSION CAPITAL LLC added | 68,040 | $2M | 1.0% | 2025-Q4 stale (2 quarters behind) |
| SageView Advisory Group, LLC new | 4,688 | $107K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| JONES FINANCIAL COMPANIES LLLP new | 628 | $14K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Legacy Wealth Managment, LLC/ID | 72 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| B. Riley Wealth Advisors, Inc. added | 53,149 | $1M | 0.8% | 2025-Q2 stale (4 quarters behind) |
| Legacy Investment Solutions, LLC | 72 | $2K | 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.