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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 36,325,339 | $2.3B | 21.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 18,606,409 | $1.2B | 11.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 14,637,220 | $916M | 8.6% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 8,171,215 | $511M | 4.8% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 7,643,470 | $478M | 4.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 6,513,020 | $407M | 3.8% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 5,612,900 | $351M | 3.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 4,874,816 | $305M | 2.9% | 2026-Q1 |
| UBS Group AG trimmed | 4,410,982 | $276M | 2.6% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 3,704,931 | $232M | 2.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 3,154,181 | $197M | 1.9% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 3,063,031 | $192M | 1.8% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 3,029,150 | $190M | 1.8% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 2,147,267 | $134M | 1.3% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 1,850,770 | $114M | 1.1% | 2026-Q1 |
| Sequoia Financial Advisors, LLC added | 1,824,648 | $114M | 1.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 1,729,166 | $108M | 1.0% | 2026-Q1 |
| HighTower Advisors, LLC added | 1,726,111 | $108M | 1.0% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,401,928 | $88M | 0.8% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 1,372,593 | $86M | 0.8% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 994,456 | $62M | 0.6% | 2026-Q1 |
| Capital Asset Advisory Services LLC trimmed | 950,031 | $60M | 0.6% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 877,389 | $55M | 0.5% | 2026-Q1 |
| Evensky & Katz LLC added | 838,488 | $52M | 0.5% | 2026-Q1 |
| Provident Wealth Management, LLC trimmed | 817,861 | $51M | 0.5% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 795,303 | $50M | 0.5% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 785,815 | $49M | 0.5% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 783,476 | $49M | 0.5% | 2026-Q1 |
| Aprio Wealth Management, LLC added | 717,184 | $45M | 0.4% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 704,939 | $44M | 0.4% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 678,870 | $42M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 647,872 | $41M | 0.4% | 2026-Q1 |
| AlphaCore Capital LLC trimmed | 640,968 | $40M | 0.4% | 2026-Q1 |
| CITIGROUP INC trimmed | 623,967 | $39M | 0.4% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 614,789 | $38M | 0.4% | 2026-Q1 |
| Focus Partners Wealth trimmed | 601,979 | $38M | 0.4% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 587,049 | $37M | 0.3% | 2026-Q1 |
| Equitable Holdings, Inc. added | 591,690 | $36M | 0.3% | 2026-Q1 |
| SFMG, LLC trimmed | 566,250 | $35M | 0.3% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 562,577 | $35M | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 546,695 | $34M | 0.3% | 2026-Q1 |
| Clark Capital Management Group, Inc. added | 518,889 | $32M | 0.3% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 492,878 | $31M | 0.3% | 2026-Q1 |
| Modern Wealth Management, LLC trimmed | 490,944 | $31M | 0.3% | 2026-Q1 |
| Pinnacle Financial Partners, Inc. added | 488,771 | $31M | 0.3% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 486,043 | $30M | 0.3% | 2026-Q1 |
| MAI Capital Management added | 480,021 | $30M | 0.3% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 469,115 | $29M | 0.3% | 2026-Q1 |
| Mariner, LLC trimmed | 454,459 | $28M | 0.3% | 2026-Q1 |
| Certified Advisory Corp trimmed | 452,564 | $28M | 0.3% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 449,759 | $28M | 0.3% | 2026-Q1 |
| Paragon Capital Management Ltd added | 423,940 | $27M | 0.2% | 2026-Q1 |
| Wilmington Savings Fund Society, FSB trimmed | 412,637 | $26M | 0.2% | 2026-Q1 |
| Presidio Capital Management, LLC added | 412,612 | $26M | 0.2% | 2026-Q1 |
| Foster Victor Wealth Advisors, LLC added | 409,058 | $25M | 0.2% | 2026-Q1 |
| MATAURO, LLC added | 402,836 | $25M | 0.2% | 2026-Q1 |
| Wiser Wealth Management, Inc added | 388,027 | $24M | 0.2% | 2026-Q1 |
| Decker Wealth Management LLC trimmed | 367,352 | $23M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 366,642 | $23M | 0.2% | 2026-Q1 |
| Ausdal Financial Partners, Inc. added | 358,291 | $22M | 0.2% | 2026-Q1 |
| Drucker Wealth 3.0, LLC trimmed | 358,283 | $22M | 0.2% | 2026-Q1 |
| IHT Wealth Management, LLC trimmed | 353,082 | $22M | 0.2% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC trimmed | 333,726 | $21M | 0.2% | 2026-Q1 |
| CWM, LLC trimmed | 322,904 | $20M | 0.2% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. trimmed | 318,908 | $20M | 0.2% | 2026-Q1 |
| Wealth Group Ltd trimmed | 311,724 | $20M | 0.2% | 2026-Q1 |
| Financial Security Advisor, Inc. added | 304,835 | $19M | 0.2% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 303,295 | $19M | 0.2% | 2026-Q1 |
| OPPENHEIMER & CO INC added | 300,345 | $19M | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 299,346 | $19M | 0.2% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 289,127 | $18M | 0.2% | 2026-Q1 |
| Inlight Wealth Management, LLC added | 286,992 | $18M | 0.2% | 2026-Q1 |
| &PARTNERS trimmed | 284,856 | $18M | 0.2% | 2026-Q1 |
| Pacer Advisors, Inc. trimmed | 282,298 | $18M | 0.2% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 282,202 | $18M | 0.2% | 2026-Q1 |
| PSI Advisors, LLC added | 278,817 | $17M | 0.2% | 2026-Q1 |
| Clay Northam Wealth Management, LLC added | 276,881 | $17M | 0.2% | 2026-Q1 |
| HBW ADVISORY SERVICES LLC trimmed | 267,761 | $17M | 0.2% | 2026-Q1 |
| Intelligence Driven Advisers, LLC trimmed | 265,519 | $17M | 0.2% | 2026-Q1 |
| GLR Partners, LLC new | 264,069 | $17M | 0.2% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 261,870 | $16M | 0.2% | 2026-Q1 |
| Compound Planning, Inc. trimmed | 256,749 | $16M | 0.2% | 2026-Q1 |
| Cyr Financial Inc. added | 254,245 | $16M | 0.1% | 2026-Q1 |
| Madrona Financial Services, LLC added | 254,064 | $16M | 0.1% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 250,716 | $16M | 0.1% | 2026-Q1 |
| Advisory Alpha, LLC added | 250,349 | $16M | 0.1% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 249,465 | $16M | 0.1% | 2026-Q1 |
| Geneos Wealth Management Inc. trimmed | 249,363 | $16M | 0.1% | 2026-Q1 |
| VERUS CAPITAL PARTNERS, LLC added | 243,628 | $15M | 0.1% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 242,136 | $15M | 0.1% | 2026-Q1 |
| Sigma Planning Corp trimmed | 236,308 | $15M | 0.1% | 2026-Q1 |
| Plan Group Financial, LLC added | 229,452 | $14M | 0.1% | 2026-Q1 |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 1,932,701 | $106M | 1.0% | 2025-Q2 stale |
| AXXCESS WEALTH MANAGEMENT, LLC added | 990,986 | $60M | 0.6% | 2025-Q4 stale |
| O'Brien Wealth Partners LLC trimmed | 831,660 | $50M | 0.5% | 2025-Q4 stale |
| Northeast Financial Consultants Inc trimmed | 673,134 | $37M | 0.3% | 2025-Q2 stale |
| Orion Portfolio Solutions, LLC trimmed | 661,120 | $36M | 0.3% | 2025-Q1 stale |
| Apexium Financial, LP added | 542,664 | $31M | 0.3% | 2025-Q3 stale |
| SYNOVUS FINANCIAL CORP added | 438,690 | $25M | 0.2% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. trimmed | 435,185 | $24M | 0.2% | 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.
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.