Who owns CGBL (CGBL)
Which tracked institutional funds hold CGBL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CGBL 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
The tracked-fund tape on CGBL is one-sided between 2025-Q4 and 2026-Q1: 121 added or opened and 35 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
CGBL’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 0.2% of theirs — a 0.1pp gap the other way — the median holder sizes CGBL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in CGBL 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 318 tracked filers holding CGBL, 247 increased or opened the position and 77 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 CGBL 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 10
- Forge Financial Services LLC$130M
- Betterment LLC$11M
- Independent Advisor Alliance$7M
- FIFTH THIRD BANCORP$3M
- WNY Asset Management, LLC$3M
- Vestmark Advisory Solutions, Inc.$2M
Full exits 11
- NewEdge Advisors, LLC$12M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$6M
- COMERICA BANK$2M
- ORG Partners LLC$2M
- OLD MISSION CAPITAL LLC$2M
- Vantage Financial Partners, LLC$1M
Largest adds
- WELLS FARGO & COMPANY/MN$99M
- Advance Capital Management, Inc.$80M
- LPL Financial LLC$69M
- MORGAN STANLEY$43M
- ENVESTNET ASSET MANAGEMENT INC$38M
- RAYMOND JAMES FINANCIAL INC$36M
Largest trims
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$26M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$12M
- Concurrent Investment Advisors, LLC$10M
- Baird Financial Group, Inc.$6M
- B. Riley Wealth Advisors, Inc.$2M
- VestGen Advisors, 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 |
|---|---|---|---|---|
| LPL Financial LLC added | 14,908,799 | $513M | 13.6% | 2026-Q1 |
| Advance Capital Management, Inc. added | 11,973,900 | $412M | 10.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 8,244,288 | $284M | 7.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 7,633,916 | $263M | 7.0% | 2026-Q1 |
| MORGAN STANLEY added | 5,432,051 | $187M | 5.0% | 2026-Q1 |
| Cetera Investment Advisers added | 4,048,725 | $139M | 3.7% | 2026-Q1 |
| Forge Financial Services LLC new | 3,765,044 | $130M | 3.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 3,720,942 | $128M | 3.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 3,242,044 | $112M | 3.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 2,806,476 | $97M | 2.6% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 2,335,514 | $80M | 2.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 2,295,214 | $79M | 2.1% | 2026-Q1 |
| CWM, LLC added | 2,229,671 | $77M | 2.0% | 2026-Q1 |
| Aprio Wealth Management, LLC added | 1,907,753 | $66M | 1.7% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 1,940,293 | $66M | 1.7% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 1,573,552 | $54M | 1.4% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 1,348,871 | $47M | 1.2% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 1,342,291 | $46M | 1.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,269,350 | $44M | 1.2% | 2026-Q1 |
| J. Derek Lewis & Associates Inc. | 1,146,334 | $40M | 1.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 1,049,905 | $36M | 1.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 970,642 | $33M | 0.9% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 941,932 | $32M | 0.9% | 2026-Q1 |
| &PARTNERS added | 855,452 | $29M | 0.8% | 2026-Q1 |
| ST GERMAIN D J CO INC added | 696,400 | $24M | 0.6% | 2026-Q1 |
| KWB Wealth trimmed | 670,921 | $24M | 0.6% | 2026-Q1 |
| Private Advisor Group, LLC added | 591,041 | $20M | 0.5% | 2026-Q1 |
| Concurrent Investment Advisors, LLC trimmed | 572,908 | $20M | 0.5% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 562,939 | $19M | 0.5% | 2026-Q1 |
| Greenbush Financial Group, LLC added | 551,241 | $19M | 0.5% | 2026-Q1 |
| Compton Financial Group, LLC added | 543,246 | $19M | 0.5% | 2026-Q1 |
| Confluence Wealth Services, Inc. added | 532,357 | $18M | 0.5% | 2026-Q1 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 516,912 | $18M | 0.5% | 2026-Q1 |
| Mariner, LLC added | 482,712 | $17M | 0.4% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 481,750 | $17M | 0.4% | 2026-Q1 |
| Mesirow Financial Investment Management, Inc. added | 439,352 | $15M | 0.4% | 2026-Q1 |
| Smartleaf Asset Management LLC added | 426,687 | $14M | 0.4% | 2026-Q1 |
| World Investment Advisors added | 381,863 | $13M | 0.3% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 352,726 | $12M | 0.3% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 350,388 | $12M | 0.3% | 2026-Q1 |
| Apollon Wealth Management, LLC added | 347,520 | $12M | 0.3% | 2026-Q1 |
| PCG Wealth Advisors, LLC added | 346,953 | $12M | 0.3% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC trimmed | 343,614 | $12M | 0.3% | 2026-Q1 |
| B. Riley Wealth Advisors, Inc. trimmed | 344,298 | $12M | 0.3% | 2026-Q1 |
| Betterment LLC new | 330,158 | $11M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 328,952 | $11M | 0.3% | 2026-Q1 |
| IFP Advisors, Inc added | 328,849 | $11M | 0.3% | 2026-Q1 |
| Hartmann Taylor Wealth Management, LLC added | 326,175 | $11M | 0.3% | 2026-Q1 |
| Johnson Bixby & Associates, LLC added | 323,272 | $11M | 0.3% | 2026-Q1 |
| High Net Worth Advisory Group LLC added | 316,985 | $11M | 0.3% | 2026-Q1 |
| SMITH, MOORE & CO. added | 316,865 | $11M | 0.3% | 2026-Q1 |
| Base Wealth Management LLC trimmed | 315,259 | $11M | 0.3% | 2026-Q1 |
| Quantum Financial Planning Services, Inc. trimmed | 312,795 | $11M | 0.3% | 2026-Q1 |
| ASSETMARK, INC added | 310,622 | $11M | 0.3% | 2026-Q1 |
| Capital Management Associates, Inc added | 299,356 | $10M | 0.3% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 299,200 | $10M | 0.3% | 2026-Q1 |
| Capital Group Private Client Services, Inc. added | 297,810 | $10M | 0.3% | 2026-Q1 |
| Boyer Financial Services, Inc. added | 292,944 | $10M | 0.3% | 2026-Q1 |
| Clarity Wealth Advisors, LLC added | 292,341 | $10M | 0.3% | 2026-Q1 |
| Merit Financial Group, LLC added | 290,398 | $10M | 0.3% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 278,522 | $10M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 282,663 | $10M | 0.3% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 280,360 | $10M | 0.3% | 2026-Q1 |
| LongView Wealth Management added | 264,333 | $10M | 0.3% | 2026-Q1 |
| UBS Group AG added | 278,175 | $10M | 0.3% | 2026-Q1 |
| Cullen/Frost Bankers, Inc. added | 259,833 | $9M | 0.2% | 2026-Q1 |
| AdvisorNet Financial, Inc added | 241,714 | $8M | 0.2% | 2026-Q1 |
| SEAMOUNT FINANCIAL GROUP INC added | 241,321 | $8M | 0.2% | 2026-Q1 |
| Venture Visionary Partners LLC added | 237,701 | $8M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 227,023 | $8M | 0.2% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 226,531 | $8M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 222,510 | $8M | 0.2% | 2026-Q1 |
| Essex Financial Services, Inc. added | 217,276 | $7M | 0.2% | 2026-Q1 |
| Independent Advisor Alliance added | 216,544 | $7M | 0.2% | 2026-Q1 |
| ENDEAVOR PRIVATE WEALTH, INC. trimmed | 203,948 | $7M | 0.2% | 2026-Q1 |
| CLG LLC added | 204,440 | $7M | 0.2% | 2026-Q1 |
| Patriot Financial Group Insurance Agency, LLC added | 202,522 | $7M | 0.2% | 2026-Q1 |
| Worth Asset Management, LLC trimmed | 196,324 | $7M | 0.2% | 2026-Q1 |
| Advisory Services Network, LLC added | 191,174 | $7M | 0.2% | 2026-Q1 |
| Equitable Holdings, Inc. added | 185,923 | $7M | 0.2% | 2026-Q1 |
| Westside Investment Management, Inc. added | 179,565 | $6M | 0.2% | 2026-Q1 |
| Tempus Wealth Planning, LLC added | 173,996 | $6M | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 171,214 | $6M | 0.2% | 2026-Q1 |
| Kingsview Wealth Management, LLC trimmed | 170,507 | $6M | 0.2% | 2026-Q1 |
| Prospera Financial Services Inc added | 166,795 | $6M | 0.2% | 2026-Q1 |
| Bleakley Financial Group, LLC added | 165,049 | $6M | 0.2% | 2026-Q1 |
| SAGESPRING WEALTH PARTNERS, LLC added | 164,065 | $6M | 0.1% | 2026-Q1 |
| Clear Creek Financial Management, LLC added | 163,630 | $6M | 0.1% | 2026-Q1 |
| Michael Brady & Co., LLC added | 162,906 | $6M | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 157,617 | $5M | 0.1% | 2026-Q1 |
| Valmark Advisers, Inc. added | 155,985 | $5M | 0.1% | 2026-Q1 |
| Merited Wealth, LLC added | 155,328 | $5M | 0.1% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC added | 151,097 | $5M | 0.1% | 2026-Q1 |
| Integrity Advisory Solutions, LLC added | 147,801 | $5M | 0.1% | 2026-Q1 |
| WealthCare Investment Partners, LLC trimmed | 146,172 | $5M | 0.1% | 2026-Q1 |
| First Heartland Consultants, Inc. added | 146,005 | $5M | 0.1% | 2026-Q1 |
| CVFG LLC added | 143,479 | $5M | 0.1% | 2026-Q1 |
| NewEdge Advisors, LLC added | 329,138 | $12M | 0.3% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 158,871 | $6M | 0.1% | 2025-Q4 stale |
| Mach-1 Financial Group, LLC new | 143,335 | $5M | 0.1% | 2025-Q3 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.