Who owns CDX (CDX)
Which tracked institutional funds hold CDX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CDX 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
14 tracked funds added or opened CDX while 24 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
CDX’s largest tracked holder by dollar value, SIGNATURE ESTATE & INVESTMENT ADVISORS LLC, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in CDX 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 89 tracked filers holding CDX, 56 increased or opened the position and 38 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 CDX 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
- SIGNATURE ESTATE & INVESTMENT ADVISORS LLC$39M
- GOLDMAN SACHS GROUP INC$2M
Full exits 6
- JANE STREET GROUP, LLC$5M
- RiverTree Advisors, LLC$3M
- Whalen Wealth Management Inc.$1M
- KESTRA PRIVATE WEALTH SERVICES, LLC$850K
- GKV Capital Management Co., Inc.$617K
- OLD MISSION CAPITAL LLC$571K
Largest adds
- PREVAIL INNOVATIVE WEALTH ADVISORS, LLC$5M
- PRINCIPAL SECURITIES, INC.$3M
- ENVESTNET ASSET MANAGEMENT INC$1M
- Almanack Investment Partners, LLC.$1M
- Janney Montgomery Scott LLC$1M
- SlateStone Wealth, LLC$647K
Largest trims
- Altiora Financial Group, LLC$5M
- COMMONWEALTH EQUITY SERVICES, LLC$5M
- NewEdge Advisors, LLC$4M
- LPL Financial LLC$4M
- Steward Partners Investment Advisory, LLC$2M
- Ankerstar Wealth, LLC$2M
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 |
|---|---|---|---|---|
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC new | 1,824,491 | $39M | 10.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,496,920 | $32M | 8.6% | 2026-Q1 |
| AE Wealth Management LLC added | 1,264,387 | $27M | 7.3% | 2026-Q1 |
| Altiora Financial Group, LLC trimmed | 898,970 | $19M | 5.2% | 2026-Q1 |
| Park Edge Advisors, LLC added | 755,936 | $16M | 4.3% | 2026-Q1 |
| Insight Wealth Strategies, LLC added | 680,098 | $15M | 3.9% | 2026-Q1 |
| LPL Financial LLC trimmed | 586,651 | $13M | 3.4% | 2026-Q1 |
| DRIVE WEALTH MANAGEMENT, LLC added | 396,511 | $8M | 2.3% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 378,392 | $8M | 2.2% | 2026-Q1 |
| NewEdge Wealth, LLC added | 368,211 | $8M | 2.1% | 2026-Q1 |
| Orion Porfolio Solutions, LLC added | 333,447 | $7M | 1.9% | 2026-Q1 |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC added | 316,279 | $7M | 1.8% | 2026-Q1 |
| Meridian Wealth Management, LLC trimmed | 308,412 | $7M | 1.8% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC added | 305,439 | $7M | 1.8% | 2026-Q1 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 286,313 | $6M | 1.6% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 243,113 | $5M | 1.4% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. added | 241,758 | $5M | 1.4% | 2026-Q1 |
| SlateStone Wealth, LLC added | 233,356 | $5M | 1.3% | 2026-Q1 |
| Kensington Asset Management, LLC | 218,669 | $5M | 1.3% | 2026-Q1 |
| Mid-American Wealth Advisory Group, Inc. | 210,408 | $5M | 1.3% | 2026-Q1 |
| Security National Bank added | 218,388 | $5M | 1.3% | 2026-Q1 |
| ADAPT WEALTH ADVISORS, LLC trimmed | 214,160 | $5M | 1.2% | 2026-Q1 |
| Focus Partners Wealth added | 196,137 | $4M | 1.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 189,421 | $4M | 1.1% | 2026-Q1 |
| WCG Wealth Advisors LLC added | 173,191 | $4M | 1.0% | 2026-Q1 |
| Soltis Investment Advisors LLC added | 172,003 | $4M | 1.0% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 142,941 | $3M | 0.8% | 2026-Q1 |
| Fifth Third Securities, Inc. added | 130,418 | $3M | 0.7% | 2026-Q1 |
| Kingsview Wealth Management, LLC added | 124,698 | $3M | 0.7% | 2026-Q1 |
| Pekin Hardy Strauss, Inc. trimmed | 119,716 | $3M | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 107,640 | $2M | 0.6% | 2026-Q1 |
| Independent Wealth Advisors LLC trimmed | 102,390 | $2M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 100,300 | $2M | 0.6% | 2026-Q1 |
| Centennial Wealth Advisory LLC added | 98,145 | $2M | 0.6% | 2026-Q1 |
| Almanack Investment Partners, LLC. added | 86,975 | $2M | 0.5% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 71,939 | $2M | 0.4% | 2026-Q1 |
| SILVER OAK SECURITIES, INCORPORATED added | 63,002 | $1M | 0.4% | 2026-Q1 |
| STEPHENS INC /AR/ trimmed | 60,584 | $1M | 0.3% | 2026-Q1 |
| Advisory Services Network, LLC added | 59,293 | $1M | 0.3% | 2026-Q1 |
| RFG Advisory, LLC trimmed | 57,167 | $1M | 0.3% | 2026-Q1 |
| Summit Financial, LLC trimmed | 52,480 | $1M | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 50,164 | $1M | 0.3% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 48,600 | $1M | 0.3% | 2026-Q1 |
| CIBC WORLD MARKET INC. trimmed | 46,099 | $984K | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 43,085 | $919K | 0.2% | 2026-Q1 |
| Retirement Planning Group, LLC added | 41,177 | $879K | 0.2% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 194,856 | $861K | 0.2% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 31,905 | $681K | 0.2% | 2026-Q1 |
| Belpointe Asset Management LLC added | 31,508 | $672K | 0.2% | 2026-Q1 |
| Cooper Financial Group | 30,024 | $641K | 0.2% | 2026-Q1 |
| Advisor Resource Council added | 29,309 | $625K | 0.2% | 2026-Q1 |
| Ankerstar Wealth, LLC trimmed | 27,769 | $593K | 0.2% | 2026-Q1 |
| Worth Asset Management, LLC trimmed | 26,457 | $565K | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 24,177 | $516K | 0.1% | 2026-Q1 |
| MATHER GROUP, LLC. new | 21,580 | $461K | 0.1% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC new | 21,135 | $451K | 0.1% | 2026-Q1 |
| Fortis Capital Advisors, LLC new | 20,106 | $429K | 0.1% | 2026-Q1 |
| LaSalle St. Investment Advisors, LLC trimmed | 19,012 | $406K | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 18,343 | $391K | 0.1% | 2026-Q1 |
| WealthCare Asset Management, LLC new | 16,801 | $359K | 0.1% | 2026-Q1 |
| Trajan Wealth LLC trimmed | 14,583 | $311K | 0.1% | 2026-Q1 |
| Heck Capital Advisors, LLC added | 14,175 | $302K | 0.1% | 2026-Q1 |
| GFS Advisors, LLC added | 12,125 | $259K | 0.1% | 2026-Q1 |
| MBA Advisors LLC added | 11,547 | $246K | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC new | 11,401 | $243K | 0.1% | 2026-Q1 |
| BayBridge Capital Group, LLC | 10,217 | $228K | 0.1% | 2026-Q1 |
| Triumph Capital Management added | 9,867 | $211K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 9,561 | $204K | 0.1% | 2026-Q1 |
| CWM, LLC added | 9,106 | $194K | 0.1% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. | 8,100 | $173K | 0.0% | 2026-Q1 |
| Realta Investment Advisors new | 8,080 | $172K | 0.0% | 2026-Q1 |
| NBC SECURITIES, INC. added | 3,610 | $77K | 0.0% | 2026-Q1 |
| Western Wealth Management, LLC new | 2,914 | $62K | 0.0% | 2026-Q1 |
| UBS Group AG added | 1,696 | $36K | 0.0% | 2026-Q1 |
| Simplify Asset Management Inc. | 1,299,393 | $30M | 8.0% | 2025-Q1 stale |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 378,551 | $9M | 2.3% | 2025-Q3 stale |
| JANE STREET GROUP, LLC added | 204,107 | $5M | 1.2% | 2025-Q4 stale |
| Proficio Capital Partners LLC new | 2,900,460 | $3M | 0.8% | 2025-Q2 stale |
| RiverTree Advisors, LLC trimmed | 129,536 | $3M | 0.8% | 2025-Q4 stale |
| Whalen Wealth Management Inc. trimmed | 55,956 | $1M | 0.3% | 2025-Q4 stale |
| Brookstone Capital Management new | 53,230 | $1M | 0.3% | 2025-Q2 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 42,760 | $997K | 0.3% | 2025-Q2 stale |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 38,161 | $850K | 0.2% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC added | 32,396 | $743K | 0.2% | 2025-Q1 stale |
| GKV Capital Management Co., Inc. new | 27,705 | $617K | 0.2% | 2025-Q4 stale |
| WOLVERINE TRADING, LLC trimmed | 26,131 | $605K | 0.2% | 2025-Q2 stale |
| OLD MISSION CAPITAL LLC new | 25,646 | $571K | 0.2% | 2025-Q4 stale |
| NAPA WEALTH MANAGEMENT added | 22,418 | $514K | 0.1% | 2025-Q3 stale |
| SFG Wealth Management, LLC. trimmed | 21,602 | $495K | 0.1% | 2025-Q3 stale |
| COMPASS CAPITAL CORP /MA/ /ADV new | 17,896 | $415K | 0.1% | 2025-Q2 stale |
| Cove Street Capital, LLC new | 16,577 | $380K | 0.1% | 2025-Q3 stale |
| HRT FINANCIAL LP new | 17,054 | $379K | 0.1% | 2025-Q4 stale |
| Equitable Holdings, Inc. added | 16,200 | $371K | 0.1% | 2025-Q3 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 14,983 | $334K | 0.1% | 2025-Q4 stale |
| GWN SECURITIES INC. new | 13,724 | $320K | 0.1% | 2025-Q2 stale |
| StoneX Group Inc. new | 14,044 | $313K | 0.1% | 2025-Q4 stale |
| Ameritas Advisory Services, LLC new | 2,273 | $53K | 0.0% | 2025-Q2 stale |
| PRIVATE TRUST CO NA new | 1,353 | $30K | 0.0% | 2025-Q4 stale |
| Wealth Enhancement Trust Services, Inc. new | 1,293 | $29K | 0.0% | 2025-Q4 stale |
| Arax Advisory Partners new | 1,260 | $28K | 0.0% | 2025-Q4 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.