Who owns CSEN
Which tracked institutional funds hold CSEN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CSEN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
Conviction spread
CSEN’s largest tracked holder by dollar value, Tanglewood Wealth Management, Inc., sizes it at 2.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in CSEN 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
Only one quarter (2026-Q2) of 13F history is available — a quarter-over-quarter accumulation delta needs two.
We do not publish a positioning read for a window we cannot measure honestly. A starting question, not a verdict.
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 |
|---|---|---|---|---|
| Tanglewood Wealth Management, Inc. new | 1,334,706 | $32M | 26.4% | 2026-Q2 |
| MORGAN STANLEY new | 778,673 | $18M | 15.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ new | 725,818 | $17M | 14.4% | 2026-Q2 |
| ROYAL BANK OF CANADA new | 330,416 | $8M | 6.5% | 2026-Q2 |
| Blume Capital Management, Inc. new | 305,375 | $7M | 6.0% | 2026-Q2 |
| LPL Financial LLC new | 209,484 | $5M | 4.1% | 2026-Q2 |
| ForthRight Wealth Management, LLC new | 168,195 | $4M | 3.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP new | 161,701 | $4M | 3.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC new | 129,851 | $3M | 2.6% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. new | 108,456 | $3M | 2.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC new | 107,605 | $3M | 2.1% | 2026-Q2 |
| Arkadios Wealth Advisors new | 104,207 | $2M | 2.1% | 2026-Q2 |
| BLVD Private Wealth, LLC new | 92,615 | $2M | 1.8% | 2026-Q2 |
| UBS Group AG new | 89,772 | $2M | 1.8% | 2026-Q2 |
| CITADEL ADVISORS LLC new | 64,586 | $2M | 1.3% | 2026-Q2 |
| Mutual Advisors, LLC new | 54,124 | $1M | 1.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 37,962 | $898K | 0.8% | 2026-Q2 |
| Cetera Investment Advisers new | 28,155 | $666K | 0.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC new | 26,228 | $620K | 0.5% | 2026-Q2 |
| Fifth Third Securities, Inc. new | 26,109 | $618K | 0.5% | 2026-Q2 |
| Merit Financial Group, LLC new | 22,977 | $543K | 0.5% | 2026-Q2 |
| MTM FINANCIAL GROUP, LLC new | 19,301 | $445K | 0.4% | 2026-Q2 |
| Savvy Advisors, Inc. new | 18,081 | $428K | 0.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 17,863 | $423K | 0.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC new | 13,780 | $326K | 0.3% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC new | 13,192 | $312K | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. new | 13,104 | $310K | 0.3% | 2026-Q2 |
| Pettinga Financial Advisors LLC new | 11,355 | $269K | 0.2% | 2026-Q2 |
| Gilman Hill Asset Management, LLC new | 10,550 | $250K | 0.2% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC new | 10,498 | $248K | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP new | 5,274 | $125K | 0.1% | 2026-Q2 |
| IFP Advisors, Inc new | 4,621 | $109K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. new | 3,703 | $88K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. new | 3,616 | $86K | 0.1% | 2026-Q2 |
| FMR LLC new | 793 | $19K | 0.0% | 2026-Q2 |
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.