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Institutional Ownership · SEC Form 13F

Who owns COWZ (COWZ)


Which tracked institutional funds hold COWZ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See COWZ 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.

873
Institutional holders
192,343,960
Shares held (tracked funds)

How the tape is positioned

215 tracked funds added or opened COWZ while 138 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

COWZ’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.2pp gap the other way — the median holder sizes COWZ more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in COWZ 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 873 tracked filers holding COWZ, 441 increased or opened the position and 410 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 COWZ 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 33

  • Clark Capital Management Group, Inc.$32M
  • GLR Partners, LLC$17M
  • Independent Advisor Alliance$15M
  • Navigation Group, LLC$12M
  • Commerce Advisors, LLC$4M
  • WNY Asset Management, LLC$3M

Full exits 25

  • AXXCESS WEALTH MANAGEMENT, LLC$60M
  • O'Brien Wealth Partners LLC$50M
  • SEARCY FINANCIAL SERVICES INC /ADV$14M
  • Global Retirement Partners, LLC$12M
  • GERBER, LLC$5M
  • COMERICA BANK$4M

Largest adds

  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$476M
  • ENVESTNET ASSET MANAGEMENT INC$110M
  • LPL Financial LLC$38M
  • GOLDMAN SACHS GROUP INC$28M
  • JONES FINANCIAL COMPANIES LLLP$16M
  • HUB Investment Partners, LLC$10M

Largest trims

  • BANK OF AMERICA CORP /DE/$54M
  • WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$37M
  • MERCER GLOBAL ADVISORS INC /ADV$31M
  • ROYAL BANK OF CANADA$31M
  • EverSource Wealth Advisors, LLC$30M
  • Wilkerson Advisory Group LLC$29M

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).

FundSharesReported value% of valueQuarter
BANK OF AMERICA CORP /DE/ trimmed36,325,339$2.3B21.4%2026-Q1
LPL Financial LLC trimmed18,606,409$1.2B11.0%2026-Q1
MORGAN STANLEY trimmed14,637,220$916M8.6%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed8,171,215$511M4.8%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added7,643,470$478M4.5%2026-Q1
WELLS FARGO & COMPANY/MN trimmed6,513,020$407M3.8%2026-Q1
Cetera Investment Advisers trimmed5,612,900$351M3.3%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added4,874,816$305M2.9%2026-Q1
UBS Group AG trimmed4,410,982$276M2.6%2026-Q1
OSAIC HOLDINGS, INC. trimmed3,704,931$232M2.2%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed3,154,181$197M1.9%2026-Q1
AMERIPRISE FINANCIAL INC trimmed3,063,031$192M1.8%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed3,029,150$190M1.8%2026-Q1
ROYAL BANK OF CANADA trimmed2,147,267$134M1.3%2026-Q1
JONES FINANCIAL COMPANIES LLLP added1,850,770$114M1.1%2026-Q1
Sequoia Financial Advisors, LLC added1,824,648$114M1.1%2026-Q1
Kestra Advisory Services, LLC added1,729,166$108M1.0%2026-Q1
HighTower Advisors, LLC added1,726,111$108M1.0%2026-Q1
STIFEL FINANCIAL CORP added1,401,928$88M0.8%2026-Q1
MML INVESTORS SERVICES, LLC trimmed1,372,593$86M0.8%2026-Q1
Baird Financial Group, Inc. trimmed994,456$62M0.6%2026-Q1
Capital Asset Advisory Services LLC trimmed950,031$60M0.6%2026-Q1
Rockefeller Capital Management L.P. trimmed877,389$55M0.5%2026-Q1
Evensky & Katz LLC added838,488$52M0.5%2026-Q1
Provident Wealth Management, LLC trimmed817,861$51M0.5%2026-Q1
Orion Porfolio Solutions, LLC trimmed795,303$50M0.5%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed785,815$49M0.5%2026-Q1
Janney Montgomery Scott LLC trimmed783,476$49M0.5%2026-Q1
Aprio Wealth Management, LLC added717,184$45M0.4%2026-Q1
TRUIST FINANCIAL CORP trimmed704,939$44M0.4%2026-Q1
D.A. DAVIDSON & CO. added678,870$42M0.4%2026-Q1
GOLDMAN SACHS GROUP INC added647,872$41M0.4%2026-Q1
AlphaCore Capital LLC trimmed640,968$40M0.4%2026-Q1
CITIGROUP INC trimmed623,967$39M0.4%2026-Q1
Steward Partners Investment Advisory, LLC added614,789$38M0.4%2026-Q1
Focus Partners Wealth trimmed601,979$38M0.4%2026-Q1
Wealthcare Advisory Partners LLC added587,049$37M0.3%2026-Q1
Equitable Holdings, Inc. added591,690$36M0.3%2026-Q1
SFMG, LLC trimmed566,250$35M0.3%2026-Q1
UNITED CAPITAL FINANCIAL ADVISORS, LLC added562,577$35M0.3%2026-Q1
Private Advisor Group, LLC trimmed546,695$34M0.3%2026-Q1
Clark Capital Management Group, Inc. added518,889$32M0.3%2026-Q1
GREAT VALLEY ADVISOR GROUP, INC. added492,878$31M0.3%2026-Q1
Modern Wealth Management, LLC trimmed490,944$31M0.3%2026-Q1
Pinnacle Financial Partners, Inc. added488,771$31M0.3%2026-Q1
HARBOUR INVESTMENTS, INC. added486,043$30M0.3%2026-Q1
MAI Capital Management added480,021$30M0.3%2026-Q1
CAPTRUST FINANCIAL ADVISORS trimmed469,115$29M0.3%2026-Q1
Mariner, LLC trimmed454,459$28M0.3%2026-Q1
Certified Advisory Corp trimmed452,564$28M0.3%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC trimmed449,759$28M0.3%2026-Q1
Paragon Capital Management Ltd added423,940$27M0.2%2026-Q1
Wilmington Savings Fund Society, FSB trimmed412,637$26M0.2%2026-Q1
Presidio Capital Management, LLC added412,612$26M0.2%2026-Q1
Foster Victor Wealth Advisors, LLC added409,058$25M0.2%2026-Q1
MATAURO, LLC added402,836$25M0.2%2026-Q1
Wiser Wealth Management, Inc added388,027$24M0.2%2026-Q1
Decker Wealth Management LLC trimmed367,352$23M0.2%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed366,642$23M0.2%2026-Q1
Ausdal Financial Partners, Inc. added358,291$22M0.2%2026-Q1
Drucker Wealth 3.0, LLC trimmed358,283$22M0.2%2026-Q1
IHT Wealth Management, LLC trimmed353,082$22M0.2%2026-Q1
THOROUGHBRED FINANCIAL SERVICES, LLC trimmed333,726$21M0.2%2026-Q1
CWM, LLC trimmed322,904$20M0.2%2026-Q1
J.W. COLE ADVISORS, INC. trimmed318,908$20M0.2%2026-Q1
Wealth Group Ltd trimmed311,724$20M0.2%2026-Q1
Financial Security Advisor, Inc. added304,835$19M0.2%2026-Q1
Concurrent Investment Advisors, LLC added303,295$19M0.2%2026-Q1
OPPENHEIMER & CO INC added300,345$19M0.2%2026-Q1
Sanctuary Advisors, LLC trimmed299,346$19M0.2%2026-Q1
INDEPENDENT FINANCIAL GROUP, LLC trimmed289,127$18M0.2%2026-Q1
Inlight Wealth Management, LLC added286,992$18M0.2%2026-Q1
&PARTNERS trimmed284,856$18M0.2%2026-Q1
Pacer Advisors, Inc. trimmed282,298$18M0.2%2026-Q1
PRINCIPAL SECURITIES, INC. added282,202$18M0.2%2026-Q1
PSI Advisors, LLC added278,817$17M0.2%2026-Q1
Clay Northam Wealth Management, LLC added276,881$17M0.2%2026-Q1
HBW ADVISORY SERVICES LLC trimmed267,761$17M0.2%2026-Q1
Intelligence Driven Advisers, LLC trimmed265,519$17M0.2%2026-Q1
GLR Partners, LLC new264,069$17M0.2%2026-Q1
Stratos Wealth Partners, LTD. trimmed261,870$16M0.2%2026-Q1
Compound Planning, Inc. trimmed256,749$16M0.2%2026-Q1
Cyr Financial Inc. added254,245$16M0.1%2026-Q1
Madrona Financial Services, LLC added254,064$16M0.1%2026-Q1
MGO ONE SEVEN LLC added250,716$16M0.1%2026-Q1
Advisory Alpha, LLC added250,349$16M0.1%2026-Q1
CREATIVE FINANCIAL DESIGNS INC /ADV added249,465$16M0.1%2026-Q1
Geneos Wealth Management Inc. trimmed249,363$16M0.1%2026-Q1
VERUS CAPITAL PARTNERS, LLC added243,628$15M0.1%2026-Q1
Independent Advisor Alliance trimmed242,136$15M0.1%2026-Q1
Sigma Planning Corp trimmed236,308$15M0.1%2026-Q1
Plan Group Financial, LLC added229,452$14M0.1%2026-Q1
AVANTAX ADVISORY SERVICES, INC. trimmed1,932,701$106M1.0%2025-Q2 stale
AXXCESS WEALTH MANAGEMENT, LLC added990,986$60M0.6%2025-Q4 stale
O'Brien Wealth Partners LLC trimmed831,660$50M0.5%2025-Q4 stale
Northeast Financial Consultants Inc trimmed673,134$37M0.3%2025-Q2 stale
Orion Portfolio Solutions, LLC trimmed661,120$36M0.3%2025-Q1 stale
Apexium Financial, LP added542,664$31M0.3%2025-Q3 stale
SYNOVUS FINANCIAL CORP added438,690$25M0.2%2025-Q3 stale
Atria Wealth Solutions, Inc. trimmed435,185$24M0.2%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.

HoldersTotal shares

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.

Learn how to read institutional ownership