Who owns EFAX
Which tracked institutional funds hold EFAX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See EFAX 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
The tracked-fund tape on EFAX is one-sided between 2026-Q1 and 2026-Q2: 21 added or opened and 6 trimmed or exited — on balance accumulating.
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
EFAX’s largest tracked holder by dollar value, Betterment LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in EFAX 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 94 tracked filers holding EFAX, 50 increased or opened the position and 34 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 EFAX 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 5
- Leith Wheeler Investment Counsel Ltd.$12M
- Kingsview Wealth Management, LLC$9M
- NewEdge Advisors, LLC$659K
- Advisory Solutions Group, LLC$628K
- GGM Financial LLC$608K
Full exits 3
- Betterment LLC$71M
- FLOW TRADERS U.S. LLC$2M
- HighTower Advisors, LLC$904K
Largest adds
- SCS Capital Management LLC$7M
- Gemmer Asset Management LLC$4M
- BANK OF AMERICA CORP /DE/$2M
- BAILARD, INC.$2M
- MERCER GLOBAL ADVISORS INC /ADV$2M
- Windmill Hill Asset Management Ltd$993K
Largest trims
- CITADEL ADVISORS LLC$5M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- Mariner, LLC$339K
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 |
|---|---|---|---|---|
| Gemmer Asset Management LLC added | 713,531 | $39M | 13.2% | 2026-Q2 |
| FLPUTNAM INVESTMENT MANAGEMENT CO trimmed | 331,505 | $18M | 6.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 254,535 | $14M | 4.7% | 2026-Q2 |
| BAILARD, INC. added | 251,570 | $14M | 4.6% | 2026-Q2 |
| Windmill Hill Asset Management Ltd | 227,939 | $12M | 4.2% | 2026-Q2 |
| Leith Wheeler Investment Counsel Ltd. added | 225,900 | $12M | 4.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. | 166,460 | $9M | 3.1% | 2026-Q2 |
| Kingsview Wealth Management, LLC new | 164,976 | $9M | 3.0% | 2026-Q2 |
| SCS Capital Management LLC added | 138,932 | $8M | 2.6% | 2026-Q2 |
| LPL Financial LLC added | 122,389 | $7M | 2.3% | 2026-Q2 |
| Cerity Partners LLC added | 121,860 | $7M | 2.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 121,421 | $7M | 2.2% | 2026-Q2 |
| Composition Wealth, LLC trimmed | 90,908 | $5M | 1.7% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 73,578 | $4M | 1.4% | 2026-Q2 |
| Mariner, LLC trimmed | 61,234 | $3M | 1.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 60,849 | $3M | 1.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 56,085 | $3M | 1.0% | 2026-Q2 |
| NEPC LLC | 53,260 | $3M | 1.0% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 52,617 | $3M | 1.0% | 2026-Q2 |
| Values Added Financial LLC trimmed | 50,519 | $3M | 0.9% | 2026-Q2 |
| XPONANCE LLC added | 49,141 | $3M | 0.9% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 36,772 | $2M | 0.7% | 2026-Q2 |
| TIFF ADVISORY SERVICES, LLC added | 33,093 | $2M | 0.6% | 2026-Q2 |
| OXFORD FINANCIAL GROUP, LTD. LLC added | 31,689 | $2M | 0.6% | 2026-Q2 |
| AGF MANAGEMENT LTD added | 25,525 | $1M | 0.5% | 2026-Q2 |
| CAMELOT TECHNOLOGY ADVISORS, INC. added | 25,484 | $1M | 0.5% | 2026-Q2 |
| MARQUETTE ASSOCIATES, INC. trimmed | 23,041 | $1M | 0.4% | 2026-Q2 |
| BRADLEY FOSTER & SARGENT INC/CT | 22,131 | $1M | 0.4% | 2026-Q2 |
| PROFFITT & GOODSON INC added | 20,814 | $1M | 0.4% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 19,840 | $1M | 0.4% | 2026-Q2 |
| Whipplewood Advisors, LLC added | 19,623 | $1M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 18,343 | $989K | 0.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 16,185 | $876K | 0.3% | 2026-Q2 |
| Bond & Devick Financial Network, Inc. added | 14,915 | $807K | 0.3% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 13,376 | $724K | 0.2% | 2026-Q2 |
| MASECO LLP | 12,275 | $665K | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC added | 12,168 | $659K | 0.2% | 2026-Q2 |
| Advisory Solutions Group, LLC new | 11,608 | $628K | 0.2% | 2026-Q2 |
| GGM Financial LLC new | 11,236 | $608K | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 10,049 | $544K | 0.2% | 2026-Q2 |
| RETIREMENT INCOME SOLUTIONS, INC | 10,525 | $524K | 0.2% | 2026-Q2 |
| Operose Advisors LLC added | 9,587 | $519K | 0.2% | 2026-Q2 |
| Arax Advisory Partners trimmed | 8,805 | $477K | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 8,458 | $458K | 0.2% | 2026-Q2 |
| Hobbs Group Advisors, LLC trimmed | 8,377 | $453K | 0.2% | 2026-Q2 |
| Choate Investment Advisors added | 8,375 | $453K | 0.2% | 2026-Q2 |
| Bridgewater Advisors Inc. trimmed | 8,106 | $445K | 0.2% | 2026-Q2 |
| Insight Advisors, LLC/ PA added | 8,085 | $438K | 0.1% | 2026-Q2 |
| Parkwoods Wealth Partners, LLC new | 7,963 | $431K | 0.1% | 2026-Q2 |
| Boyd Wealth Management, LLC trimmed | 7,687 | $416K | 0.1% | 2026-Q2 |
| William Mack & Associates, Inc. added | 7,412 | $401K | 0.1% | 2026-Q2 |
| eCIO, Inc. added | 7,379 | $399K | 0.1% | 2026-Q2 |
| Key Financial Inc | 7,214 | $390K | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 7,177 | $388K | 0.1% | 2026-Q2 |
| Aufman Associates Inc added | 7,073 | $383K | 0.1% | 2026-Q2 |
| Creative Planning added | 7,017 | $380K | 0.1% | 2026-Q2 |
| SteelPeak Wealth, LLC | 6,524 | $353K | 0.1% | 2026-Q2 |
| AMERICAN FINANCIAL & TAX STRATEGIES INC trimmed | 6,007 | $325K | 0.1% | 2026-Q2 |
| Clarion Wealth Managment Partners, LLC added | 5,870 | $318K | 0.1% | 2026-Q2 |
| FOSTER DYKEMA CABOT & PARTNERS, LLC | 5,699 | $308K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 5,657 | $306K | 0.1% | 2026-Q2 |
| Diversified Enterprises, LLC added | 5,636 | $305K | 0.1% | 2026-Q2 |
| COLTON GROOME FINANCIAL ADVISORS, LLC added | 5,525 | $299K | 0.1% | 2026-Q2 |
| Ethic Inc. trimmed | 5,140 | $278K | 0.1% | 2026-Q2 |
| GenTrust, LLC trimmed | 4,727 | $256K | 0.1% | 2026-Q2 |
| First Bancorp, Inc /ME/ | 4,570 | $247K | 0.1% | 2026-Q2 |
| Blue Zone Wealth Advisors, LLC | 4,560 | $247K | 0.1% | 2026-Q2 |
| BURNS J W & CO INC/NY | 4,550 | $246K | 0.1% | 2026-Q2 |
| Wealthfront Advisers LLC trimmed | 4,214 | $228K | 0.1% | 2026-Q2 |
| ARCADIA INVESTMENT ADVISORS LLC | 3,917 | $212K | 0.1% | 2026-Q2 |
| Stonehearth Capital Management, LLC trimmed | 3,869 | $209K | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 3,789 | $205K | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 3,755 | $203K | 0.1% | 2026-Q2 |
| FMR LLC added | 3,660 | $198K | 0.1% | 2026-Q2 |
| Sankala Group LLC added | 3,001 | $167K | 0.1% | 2026-Q2 |
| Robinswood Financial LLC added | 2,367 | $128K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,821 | $99K | 0.0% | 2026-Q2 |
| MORGAN STANLEY | 1,704 | $92K | 0.0% | 2026-Q2 |
| N.E.W. Advisory Services LLC trimmed | 1,614 | $87K | 0.0% | 2026-Q2 |
| Institute for Wealth Management, LLC. trimmed | 1,533 | $83K | 0.0% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 872 | $47K | 0.0% | 2026-Q2 |
| Golden State Wealth Management, LLC added | 761 | $41K | 0.0% | 2026-Q2 |
| Brooklyn FI, LLC new | 731 | $39K | 0.0% | 2026-Q2 |
| TD Waterhouse Canada Inc. trimmed | 479 | $26K | 0.0% | 2026-Q2 |
| EVERMAY WEALTH MANAGEMENT LLC | 421 | $23K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 392 | $21K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 355 | $19K | 0.0% | 2026-Q2 |
| Cedar Mountain Advisors, LLC | 320 | $17K | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ | 300 | $16K | 0.0% | 2026-Q2 |
| Cranbrook Wealth Management, LLC | 228 | $12K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC new | 210 | $11K | 0.0% | 2026-Q2 |
| Continuum Advisory, LLC added | 68 | $4K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. | 34 | $2K | 0.0% | 2026-Q2 |
| Dunhill Financial, LLC | 15 | $811 | 0.0% | 2026-Q2 |
| Betterment LLC trimmed | 1,431,679 | $71M | 24.3% | 2026-Q1 stale (1 quarter behind) |
| FLOW TRADERS U.S. LLC trimmed | 37,172 | $2M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC added | 18,169 | $904K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| SB Capital Management Inc new | 31,053 | $2M | 0.5% | 2025-Q4 stale (2 quarters behind) |
| Baird Financial Group, Inc. trimmed | 15,220 | $751K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| FIRST NATIONAL CORP /MA/ /ADV trimmed | 13,309 | $661K | 0.2% | 2025-Q3 stale (3 quarters behind) |
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.