Who owns CEFS
Which tracked institutional funds hold CEFS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CEFS 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
10 tracked funds added or opened CEFS while 11 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
CEFS’s largest tracked holder by dollar value, LPL Financial LLC, 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 CEFS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in CEFS 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 83 tracked filers holding CEFS, 47 increased or opened the position and 28 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 CEFS 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
- Commerce Advisors, LLC$1M
- MATHER GROUP, LLC.$619K
Full exits 4
- ROVIN CAPITAL /UT/ /ADV$2M
- Fort Point Capital Partners LLC$760K
- AMERIPRISE FINANCIAL INC$686K
- COMMONWEALTH EQUITY SERVICES, LLC$629K
Largest adds
- OSAIC HOLDINGS, INC.$2M
- Ares Financial Consulting, LLC$2M
- XML Financial, LLC$818K
- J.W. COLE ADVISORS, INC.$630K
- Arete Wealth Advisors, LLC$627K
- RAYMOND JAMES FINANCIAL INC$433K
Largest trims
- Farther Finance Advisors, LLC$3M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$1M
- Foundations Investment Advisors, LLC$895K
- NewEdge Advisors, LLC$872K
- Thomas J. Herzfeld Advisors, Inc.$479K
- QUANTIFY CHAOS ADVISORS, LLC$348K
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 trimmed | 400,492 | $9M | 6.2% | 2026-Q1 |
| New England Private Wealth Advisors LLC added | 390,515 | $9M | 6.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 344,252 | $8M | 5.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 306,699 | $7M | 4.8% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 298,116 | $7M | 4.6% | 2026-Q1 |
| AdvisorNet Financial, Inc added | 281,423 | $6M | 4.4% | 2026-Q1 |
| Arete Wealth Advisors, LLC added | 279,934 | $6M | 4.3% | 2026-Q1 |
| Cetera Investment Advisers added | 268,853 | $6M | 4.2% | 2026-Q1 |
| Columbus Macro, LLC added | 258,051 | $6M | 4.0% | 2026-Q1 |
| XML Financial, LLC added | 231,780 | $5M | 3.6% | 2026-Q1 |
| Foundations Investment Advisors, LLC trimmed | 222,393 | $5M | 3.4% | 2026-Q1 |
| Private Capital Management, LLC added | 213,837 | $5M | 3.3% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 181,791 | $4M | 2.9% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 130,868 | $3M | 2.0% | 2026-Q1 |
| Ares Financial Consulting, LLC added | 110,502 | $3M | 1.7% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 104,898 | $2M | 1.6% | 2026-Q1 |
| SCOTIA CAPITAL INC. added | 103,771 | $2M | 1.6% | 2026-Q1 |
| Quattro Advisors LLC added | 101,714 | $2M | 1.6% | 2026-Q1 |
| Visionary Wealth Advisors added | 80,277 | $2M | 1.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 74,425 | $2M | 1.2% | 2026-Q1 |
| Thomas J. Herzfeld Advisors, Inc. trimmed | 64,610 | $1M | 1.0% | 2026-Q1 |
| Commerce Advisors, LLC new | 63,363 | $1M | 1.0% | 2026-Q1 |
| 3EDGE Asset Management, LP added | 59,835 | $1M | 0.9% | 2026-Q1 |
| Proficio Capital Partners LLC trimmed | 59,455 | $1M | 0.9% | 2026-Q1 |
| OPPENHEIMER & CO INC trimmed | 57,206 | $1M | 0.9% | 2026-Q1 |
| Lido Advisors, LLC | 52,765 | $1M | 0.8% | 2026-Q1 |
| Tactive Advisors, LLC added | 51,980 | $1M | 0.8% | 2026-Q1 |
| Ausdal Financial Partners, Inc. trimmed | 51,933 | $1M | 0.8% | 2026-Q1 |
| Chicago Partners Investment Group LLC trimmed | 45,150 | $1M | 0.8% | 2026-Q1 |
| Avior Wealth Management, LLC added | 48,209 | $1M | 0.7% | 2026-Q1 |
| IHT Wealth Management, LLC added | 47,300 | $1M | 0.7% | 2026-Q1 |
| SHEETS SMITH WEALTH MANAGEMENT trimmed | 46,034 | $1M | 0.7% | 2026-Q1 |
| Triumph Capital Management added | 45,284 | $1M | 0.7% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 43,398 | $979K | 0.7% | 2026-Q1 |
| NFSG Corp added | 42,740 | $964K | 0.7% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 36,463 | $822K | 0.6% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. added | 28,500 | $643K | 0.4% | 2026-Q1 |
| Amplius Wealth Advisors, LLC added | 28,382 | $640K | 0.4% | 2026-Q1 |
| MATHER GROUP, LLC. new | 27,446 | $619K | 0.4% | 2026-Q1 |
| Adalta Capital Management LLC | 26,135 | $589K | 0.4% | 2026-Q1 |
| Family Manage LLC trimmed | 25,937 | $585K | 0.4% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC trimmed | 25,642 | $578K | 0.4% | 2026-Q1 |
| CSS LLC/IL | 24,674 | $556K | 0.4% | 2026-Q1 |
| Bison Wealth, LLC added | 20,806 | $523K | 0.4% | 2026-Q1 |
| Unified Investment Management added | 21,081 | $475K | 0.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 17,577 | $396K | 0.3% | 2026-Q1 |
| CERTIOR FINANCIAL GROUP, LLC trimmed | 17,442 | $393K | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC added | 16,454 | $371K | 0.3% | 2026-Q1 |
| QUANTIFY CHAOS ADVISORS, LLC trimmed | 16,193 | $365K | 0.3% | 2026-Q1 |
| Advisor OS, LLC trimmed | 15,462 | $349K | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC new | 15,418 | $348K | 0.2% | 2026-Q1 |
| Gladstone Institutional Advisory LLC added | 14,380 | $324K | 0.2% | 2026-Q1 |
| Towerpoint Wealth, LLC | 13,690 | $309K | 0.2% | 2026-Q1 |
| Oregon Pacific Wealth Management, LLC trimmed | 13,170 | $297K | 0.2% | 2026-Q1 |
| Closed-End Fund Advisors, Inc. added | 12,652 | $285K | 0.2% | 2026-Q1 |
| NOVEM GROUP added | 12,590 | $284K | 0.2% | 2026-Q1 |
| Braeburn Wealth Management LLC | 11,675 | $263K | 0.2% | 2026-Q1 |
| ZEGA Investments, LLC new | 11,219 | $253K | 0.2% | 2026-Q1 |
| Hilltop Holdings Inc. | 11,074 | $250K | 0.2% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC | 10,000 | $226K | 0.2% | 2026-Q1 |
| Encompass More Asset Management added | 9,604 | $217K | 0.1% | 2026-Q1 |
| First Heartland Consultants, Inc. new | 9,429 | $213K | 0.1% | 2026-Q1 |
| Anfield Capital Management, LLC added | 7,530 | $170K | 0.1% | 2026-Q1 |
| NBC SECURITIES, INC. added | 7,137 | $161K | 0.1% | 2026-Q1 |
| MORGAN STANLEY added | 4,721 | $106K | 0.1% | 2026-Q1 |
| Wealth Enhancement Trust Services, Inc. | 3,426 | $77K | 0.1% | 2026-Q1 |
| Allworth Financial LP | 3,200 | $72K | 0.0% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 2,347 | $53K | 0.0% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 1,922 | $43K | 0.0% | 2026-Q1 |
| NewEdge Advisors, LLC added | 43,150 | $43K | 0.0% | 2026-Q1 |
| SHP Wealth Management | 1,864 | $42K | 0.0% | 2026-Q1 |
| CALDWELL SUTTER CAPITAL, INC. new | 900 | $20K | 0.0% | 2026-Q1 |
| Bangor Savings Bank | 772 | $17K | 0.0% | 2026-Q1 |
| ASSETMARK, INC | 703 | $16K | 0.0% | 2026-Q1 |
| HAZLETT, BURT & WATSON, INC. trimmed | 669 | $15K | 0.0% | 2026-Q1 |
| SALEM INVESTMENT COUNSELORS INC new | 625 | $14K | 0.0% | 2026-Q1 |
| Fortress Wealth Management, Inc. added | 352,729 | $8M | 5.5% | 2025-Q3 stale |
| ROVIN CAPITAL /UT/ /ADV added | 72,766 | $2M | 1.2% | 2025-Q4 stale |
| Lionsbridge Wealth Management LLC trimmed | 39,526 | $843K | 0.6% | 2025-Q1 stale |
| Fort Point Capital Partners LLC trimmed | 32,778 | $760K | 0.5% | 2025-Q4 stale |
| NAPA WEALTH MANAGEMENT added | 30,485 | $694K | 0.5% | 2025-Q3 stale |
| AMERIPRISE FINANCIAL INC new | 29,775 | $686K | 0.5% | 2025-Q4 stale |
| COMMONWEALTH EQUITY SERVICES, LLC added | 27,317 | $629K | 0.4% | 2025-Q4 stale |
| StoneX Group Inc. added | 22,965 | $523K | 0.4% | 2025-Q3 stale |
| Tidal Investments LLC trimmed | 21,370 | $492K | 0.3% | 2025-Q4 stale |
| Circle Wealth Management, LLC | 19,748 | $421K | 0.3% | 2025-Q1 stale |
| MILLENNIUM MANAGEMENT LLC new | 15,511 | $357K | 0.2% | 2025-Q4 stale |
| CITADEL ADVISORS LLC trimmed | 13,241 | $301K | 0.2% | 2025-Q3 stale |
| Mariner, LLC new | 12,016 | $277K | 0.2% | 2025-Q4 stale |
| Atria Wealth Solutions, Inc. trimmed | 12,200 | $271K | 0.2% | 2025-Q2 stale |
| HRT FINANCIAL LP new | 10,931 | $233K | 0.2% | 2025-Q1 stale |
| Janney Montgomery Scott LLC trimmed | 9,805 | $223K | 0.2% | 2025-Q3 stale |
| CALTON & ASSOCIATES, INC. added | 9,562 | $220K | 0.2% | 2025-Q4 stale |
| Future Financial Wealth Managment LLC added | 3,300 | $75K | 0.1% | 2025-Q3 stale |
| Boreal Capital Management LLC | 3,075 | $71K | 0.0% | 2025-Q4 stale |
| Quent Capital, LLC new | 2,850 | $61K | 0.0% | 2025-Q1 stale |
| Hexagon Capital Partners LLC | 2,400 | $51K | 0.0% | 2025-Q1 stale |
| HARBOUR INVESTMENTS, INC. | 1,500 | $34K | 0.0% | 2025-Q3 stale |
| CIBC Private Wealth Group LLC | 1,000 | $19K | 0.0% | 2025-Q1 stale |
| Ameritas Advisory Services, LLC new | 623 | $14K | 0.0% | 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.