Who owns 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-Q2 13F filings (latest filed 2026-08-19). 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
127 tracked funds added or opened COWZ while 184 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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 0.1% of its own reported 13F book, while the median holder sizes it at 0.3% 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 2026-Q1 and 2026-Q2, across 829 tracked filers holding COWZ, 374 increased or opened the position and 464 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 2026-Q1 and 2026-Q2 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 21
- AXXCESS WEALTH MANAGEMENT, LLC$60M
- Global Retirement Partners, LLC$13M
- Markowski Investments$9M
- Bullock Wealth Management Group$4M
- Planning Strategies Inc.$4M
- COMPASS FINANCIAL MANAGEMENT LLC$3M
Full exits 48
- Cambridge Investment Research Advisors, Inc.$197M
- HighTower Advisors, LLC$108M
- Evensky & Katz LLC$52M
- Janney Montgomery Scott LLC$49M
- Clark Capital Management Group, Inc.$32M
- THOROUGHBRED FINANCIAL SERVICES, LLC$21M
Largest adds
- EverSource Wealth Advisors, LLC$32M
- NewEdge Advisors, LLC$30M
- JONES FINANCIAL COMPANIES LLLP$18M
- OSAIC HOLDINGS, INC.$18M
- Private Advisor Group, LLC$9M
- ROYAL BANK OF CANADA$8M
Largest trims
- ENVESTNET ASSET MANAGEMENT INC$136M
- BANK OF AMERICA CORP /DE/$100M
- LPL Financial LLC$66M
- MORGAN STANLEY$27M
- Mariner, LLC$24M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$21M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 34,921,249 | $2.2B | 22.6% | 2026-Q2 |
| LPL Financial LLC trimmed | 17,650,702 | $1.1B | 11.4% | 2026-Q2 |
| MORGAN STANLEY trimmed | 14,293,930 | $889M | 9.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 8,283,369 | $515M | 5.3% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 7,353,591 | $457M | 4.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 6,248,671 | $389M | 4.0% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 5,403,084 | $336M | 3.5% | 2026-Q2 |
| UBS Group AG trimmed | 4,181,948 | $260M | 2.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 4,018,479 | $250M | 2.6% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 2,954,105 | $184M | 1.9% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 2,866,315 | $178M | 1.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 2,713,530 | $169M | 1.8% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 2,288,164 | $142M | 1.5% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 2,102,044 | $132M | 1.4% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 1,781,365 | $111M | 1.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 1,681,955 | $105M | 1.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 1,507,446 | $94M | 1.0% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 1,432,682 | $89M | 0.9% | 2026-Q2 |
| Capital Asset Advisory Services LLC added | 991,806 | $62M | 0.6% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 961,433 | $60M | 0.6% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 958,083 | $60M | 0.6% | 2026-Q2 |
| Provident Wealth Management, LLC added | 831,000 | $52M | 0.5% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 826,966 | $53M | 0.6% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 826,547 | $51M | 0.5% | 2026-Q2 |
| Private Advisor Group, LLC added | 687,662 | $43M | 0.4% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 675,135 | $42M | 0.4% | 2026-Q2 |
| Aprio Wealth Management, LLC trimmed | 670,801 | $42M | 0.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 660,217 | $41M | 0.4% | 2026-Q2 |
| AlphaCore Capital LLC added | 654,555 | $41M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 615,418 | $38M | 0.4% | 2026-Q2 |
| CITIGROUP INC trimmed | 601,502 | $37M | 0.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 597,826 | $37M | 0.4% | 2026-Q2 |
| Wealthcare Advisory Partners LLC added | 595,665 | $37M | 0.4% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 565,627 | $35M | 0.4% | 2026-Q2 |
| SFMG, LLC trimmed | 563,677 | $35M | 0.4% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 547,789 | $34M | 0.4% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 526,142 | $33M | 0.3% | 2026-Q2 |
| NewEdge Advisors, LLC added | 524,646 | $33M | 0.3% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 517,295 | $32M | 0.3% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 510,235 | $32M | 0.3% | 2026-Q2 |
| MAI Capital Management added | 502,997 | $31M | 0.3% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 490,316 | $30M | 0.3% | 2026-Q2 |
| Focus Partners Wealth trimmed | 482,832 | $30M | 0.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 467,498 | $29M | 0.3% | 2026-Q2 |
| Certified Advisory Corp trimmed | 447,890 | $28M | 0.3% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. trimmed | 440,862 | $27M | 0.3% | 2026-Q2 |
| MATAURO, LLC added | 433,819 | $27M | 0.3% | 2026-Q2 |
| Presidio Capital Management, LLC added | 428,706 | $27M | 0.3% | 2026-Q2 |
| Paragon Capital Management Ltd trimmed | 410,235 | $26M | 0.3% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 409,956 | $25M | 0.3% | 2026-Q2 |
| Ausdal Financial Partners, Inc. added | 401,918 | $25M | 0.3% | 2026-Q2 |
| Wiser Wealth Management, Inc added | 400,271 | $25M | 0.3% | 2026-Q2 |
| Drucker Wealth 3.0, LLC added | 378,213 | $24M | 0.2% | 2026-Q2 |
| Modern Wealth Management, LLC trimmed | 374,188 | $23M | 0.2% | 2026-Q2 |
| Wilmington Savings Fund Society, FSB trimmed | 365,032 | $23M | 0.2% | 2026-Q2 |
| Decker Wealth Management LLC trimmed | 360,738 | $22M | 0.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 355,947 | $22M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 353,570 | $22M | 0.2% | 2026-Q2 |
| IHT Wealth Management, LLC trimmed | 332,126 | $21M | 0.2% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 325,573 | $20M | 0.2% | 2026-Q2 |
| Financial Security Advisor, Inc. added | 323,644 | $20M | 0.2% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 315,772 | $20M | 0.2% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. trimmed | 312,168 | $19M | 0.2% | 2026-Q2 |
| Wealth Group Ltd trimmed | 308,884 | $19M | 0.2% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 303,930 | $19M | 0.2% | 2026-Q2 |
| Inlight Wealth Management, LLC added | 302,004 | $19M | 0.2% | 2026-Q2 |
| OPPENHEIMER & CO INC trimmed | 296,379 | $18M | 0.2% | 2026-Q2 |
| GLR Partners, LLC added | 285,169 | $18M | 0.2% | 2026-Q2 |
| Compound Planning, Inc. added | 279,729 | $17M | 0.2% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 278,438 | $17M | 0.2% | 2026-Q2 |
| Clay Northam Wealth Management, LLC trimmed | 276,239 | $17M | 0.2% | 2026-Q2 |
| Cyr Financial Inc. added | 272,864 | $17M | 0.2% | 2026-Q2 |
| HBW ADVISORY SERVICES LLC added | 272,584 | $17M | 0.2% | 2026-Q2 |
| Madrona Financial Services, LLC added | 271,854 | $17M | 0.2% | 2026-Q2 |
| &PARTNERS trimmed | 271,027 | $17M | 0.2% | 2026-Q2 |
| PSI Advisors, LLC trimmed | 261,752 | $16M | 0.2% | 2026-Q2 |
| Foster Victor Wealth Advisors, LLC trimmed | 258,601 | $17M | 0.2% | 2026-Q2 |
| Intelligence Driven Advisers, LLC trimmed | 257,792 | $16M | 0.2% | 2026-Q2 |
| Plan Group Financial, LLC added | 249,803 | $16M | 0.2% | 2026-Q2 |
| Advisory Alpha, LLC trimmed | 249,443 | $16M | 0.2% | 2026-Q2 |
| Geneos Wealth Management Inc. trimmed | 249,075 | $15M | 0.2% | 2026-Q2 |
| MGO ONE SEVEN LLC trimmed | 248,255 | $15M | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 239,173 | $15M | 0.2% | 2026-Q2 |
| Longview Financial Advisors, Inc. added | 232,491 | $14M | 0.2% | 2026-Q2 |
| Sigma Planning Corp trimmed | 229,879 | $14M | 0.1% | 2026-Q2 |
| LEVEL FOUR ADVISORY SERVICES, LLC added | 226,228 | $14M | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC added | 225,883 | $14M | 0.1% | 2026-Q2 |
| Arkadios Wealth Advisors added | 225,819 | $14M | 0.1% | 2026-Q2 |
| Copley Financial Group, Inc. added | 220,773 | $14M | 0.1% | 2026-Q2 |
| Sylvest Advisors, LLC trimmed | 218,057 | $14M | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 215,409 | $13M | 0.1% | 2026-Q2 |
| VERUS CAPITAL PARTNERS, LLC trimmed | 209,559 | $13M | 0.1% | 2026-Q2 |
| Sanchez Wealth Management Group added | 208,666 | $13M | 0.1% | 2026-Q2 |
| XML Financial, LLC added | 208,239 | $13M | 0.1% | 2026-Q2 |
| Stratos Wealth Advisors, LLC trimmed | 206,336 | $13M | 0.1% | 2026-Q2 |
| Marble Wealth, LLC trimmed | 204,699 | $13M | 0.1% | 2026-Q2 |
| COZAD ASSET MANAGEMENT INC trimmed | 203,425 | $13M | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC added | 202,522 | $13M | 0.1% | 2026-Q2 |
| GEN Financial Management, INC. trimmed | 200,543 | $12M | 0.1% | 2026-Q2 |
| Financial Partners Group, Inc trimmed | 200,033 | $12M | 0.1% | 2026-Q2 |
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.