Who owns EBI
Which tracked institutional funds hold EBI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See EBI company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 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
8 tracked funds added or opened EBI while 4 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
EBI’s largest tracked holder by dollar value, Hill Investment Group Partners, LLC, sizes it at 40.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 40.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in EBI 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 17 tracked filers holding EBI, 5 increased or opened the position and 7 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 EBI 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.
Full exits 2
- CITADEL ADVISORS LLC$1M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$513K
Largest adds
- Hill Investment Group Partners, LLC$15M
- MONETA GROUP INVESTMENT ADVISORS LLC$837K
- BetterWealth, LLC$776K
- HILL ISLAND FINANCIAL LLC$433K
- TCI Wealth Advisors, Inc.$430K
- AIRE ADVISORS, LLC$379K
Largest trims
- GTS SECURITIES LLC$887K
- Empirical Financial Services, LLC d.b.a. Empirical Wealth Management$363K
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 |
|---|---|---|---|---|
| Hill Investment Group Partners, LLC added | 6,335,885 | $367M | 64.7% | 2026-Q1 |
| HILL ISLAND FINANCIAL LLC trimmed | 1,155,788 | $67M | 11.8% | 2026-Q1 |
| BetterWealth, LLC added | 582,580 | $34M | 5.9% | 2026-Q1 |
| TCI Wealth Advisors, Inc. | 336,794 | $19M | 3.4% | 2026-Q1 |
| AIRE ADVISORS, LLC trimmed | 333,536 | $19M | 3.4% | 2026-Q1 |
| New Capital Management LP | 213,409 | $12M | 2.2% | 2026-Q1 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management trimmed | 187,741 | $11M | 1.9% | 2026-Q1 |
| Trellis Wealth Advisors LLC | 167,622 | $10M | 1.7% | 2026-Q1 |
| Chicago Partners Investment Group LLC | 111,311 | $7M | 1.2% | 2026-Q1 |
| Quantinno Capital Management LP | 110,099 | $6M | 1.1% | 2026-Q1 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 73,552 | $4M | 0.8% | 2026-Q1 |
| MOSAIC FAMILY WEALTH PARTNERS, LLC added | 69,400 | $4M | 0.7% | 2026-Q1 |
| STIFEL FINANCIAL CORP | 23,161 | $1M | 0.2% | 2026-Q1 |
| GTS SECURITIES LLC trimmed | 18,169 | $1M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC | 14,258 | $825K | 0.1% | 2026-Q1 |
| Mariner, LLC | 9,650 | $558K | 0.1% | 2026-Q1 |
| MORGAN STANLEY new | 3,550 | $205K | 0.0% | 2026-Q1 |
| CITADEL ADVISORS LLC new | 23,040 | $1M | 0.2% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 9,073 | $513K | 0.1% | 2025-Q4 stale |
| JANE STREET GROUP, LLC new | 6,576 | $361K | 0.1% | 2025-Q3 stale |
| GOLDMAN SACHS GROUP INC new | 6,098 | $310K | 0.1% | 2025-Q2 stale |
| UBS Group AG trimmed | 223 | $13K | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.