Who owns EQAL
Which tracked institutional funds hold EQAL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See EQAL 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
14 tracked funds added or opened EQAL while 7 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
EQAL’s largest tracked holder by dollar value, STIFEL FINANCIAL CORP, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in EQAL 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 87 tracked filers holding EQAL, 42 increased or opened the position and 29 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 EQAL 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 1
- Sanctuary Advisors, LLC$2M
Full exits 4
- Fort Point Capital Partners LLC$2M
- Clark Asset Management, LLC$1M
- Carlton Hofferkamp & Jenks Wealth Management, LLC$526K
- TWO SIGMA INVESTMENTS, LP$511K
Largest adds
- STIFEL FINANCIAL CORP$11M
- BANK OF AMERICA CORP /DE/$8M
- UBS Group AG$3M
- MORGAN STANLEY$3M
- Empowered Funds, LLC$2M
- LPL Financial LLC$2M
Largest trims
- NewEdge Advisors, LLC$1M
- Friedenthal Financial$1M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$717K
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 |
|---|---|---|---|---|
| STIFEL FINANCIAL CORP trimmed | 4,641,592 | $256M | 62.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 398,926 | $22M | 5.4% | 2026-Q1 |
| LPL Financial LLC added | 225,595 | $12M | 3.0% | 2026-Q1 |
| MORGAN STANLEY added | 197,255 | $11M | 2.6% | 2026-Q1 |
| UBS Group AG added | 128,459 | $7M | 1.7% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 128,290 | $7M | 1.7% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 104,087 | $6M | 1.4% | 2026-Q1 |
| SYKON CAPITAL LLC added | 91,732 | $5M | 1.2% | 2026-Q1 |
| Wick Capital Partners, LLC added | 82,580 | $5M | 1.1% | 2026-Q1 |
| Empowered Funds, LLC added | 50,514 | $3M | 0.7% | 2026-Q1 |
| Arkadios Wealth Advisors trimmed | 50,390 | $3M | 0.7% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 46,575 | $3M | 0.6% | 2026-Q1 |
| Lunt Capital Management, Inc. | 46,323 | $3M | 0.6% | 2026-Q1 |
| Capital Advisors, Ltd. LLC trimmed | 46,075 | $3M | 0.6% | 2026-Q1 |
| BINGHAM PRIVATE WEALTH, LLC trimmed | 45,125 | $2M | 0.6% | 2026-Q1 |
| Longview Financial Advisors, Inc. added | 44,070 | $2M | 0.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 41,859 | $2M | 0.6% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 38,430 | $2M | 0.5% | 2026-Q1 |
| Davis Investment Partners, LLC added | 35,379 | $2M | 0.5% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 34,091 | $2M | 0.5% | 2026-Q1 |
| Sanctuary Advisors, LLC new | 33,681 | $2M | 0.5% | 2026-Q1 |
| Carroll Advisory Group, LLC trimmed | 29,732 | $2M | 0.4% | 2026-Q1 |
| Friedenthal Financial trimmed | 29,319 | $2M | 0.4% | 2026-Q1 |
| SFE Investment Counsel added | 27,265 | $2M | 0.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 24,542 | $1M | 0.3% | 2026-Q1 |
| Cerity Partners LLC | 23,940 | $1M | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 22,082 | $1M | 0.3% | 2026-Q1 |
| Shade Tree Advisors LLC | 22,008 | $1M | 0.3% | 2026-Q1 |
| Baird Financial Group, Inc. added | 20,054 | $1M | 0.3% | 2026-Q1 |
| DIVERSIFIED MANAGEMENT INC added | 18,778 | $1M | 0.3% | 2026-Q1 |
| Creative Planning trimmed | 17,299 | $953K | 0.2% | 2026-Q1 |
| Breakwater Capital Group added | 16,408 | $904K | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 14,697 | $810K | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 14,646 | $807K | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 14,053 | $774K | 0.2% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 11,795 | $639K | 0.2% | 2026-Q1 |
| UP STRATEGIC WEALTH INVESTMENT ADVISORS LLC | 9,757 | $563K | 0.1% | 2026-Q1 |
| Gladstone Institutional Advisory LLC | 10,200 | $562K | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 10,084 | $556K | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 9,501 | $529K | 0.1% | 2026-Q1 |
| ROTHSCHILD INVESTMENT LLC added | 8,891 | $490K | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC added | 8,507 | $469K | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 8,446 | $465K | 0.1% | 2026-Q1 |
| AlphaCore Capital LLC added | 8,351 | $460K | 0.1% | 2026-Q1 |
| MISSION WEALTH MANAGEMENT, LP trimmed | 7,852 | $433K | 0.1% | 2026-Q1 |
| Fielder Capital Group LLC trimmed | 7,815 | $431K | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 7,777 | $429K | 0.1% | 2026-Q1 |
| FMR LLC trimmed | 7,231 | $398K | 0.1% | 2026-Q1 |
| Choate Investment Advisors | 7,050 | $388K | 0.1% | 2026-Q1 |
| CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC trimmed | 6,659 | $367K | 0.1% | 2026-Q1 |
| Gilliland Jeter Wealth Management LLC added | 6,452 | $356K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 6,273 | $346K | 0.1% | 2026-Q1 |
| RETIREMENT INCOME SOLUTIONS, INC | 6,172 | $340K | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 6,128 | $338K | 0.1% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC | 5,831 | $321K | 0.1% | 2026-Q1 |
| Castleview Partners, LLC trimmed | 5,448 | $300K | 0.1% | 2026-Q1 |
| Rede Wealth, LLC trimmed | 5,406 | $298K | 0.1% | 2026-Q1 |
| US BANCORP \DE\ added | 5,404 | $298K | 0.1% | 2026-Q1 |
| Integris Wealth Management, LLC | 5,200 | $287K | 0.1% | 2026-Q1 |
| GTS SECURITIES LLC trimmed | 5,124 | $282K | 0.1% | 2026-Q1 |
| Dodds Wealth, LLC | 5,093 | $281K | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP trimmed | 5,018 | $276K | 0.1% | 2026-Q1 |
| Prospera Financial Services Inc new | 4,907 | $271K | 0.1% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS | 4,120 | $227K | 0.1% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 4,050 | $223K | 0.1% | 2026-Q1 |
| CAHILL FINANCIAL ADVISORS INC | 3,992 | $220K | 0.1% | 2026-Q1 |
| FIDUCIARY FINANCIAL GROUP, LLC added | 3,984 | $220K | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 3,700 | $200K | 0.0% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 2,109 | $116K | 0.0% | 2026-Q1 |
| Lodestone Wealth Management LLC | 1,538 | $85K | 0.0% | 2026-Q1 |
| Spire Wealth Management | 1,086 | $60K | 0.0% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 1,000 | $55K | 0.0% | 2026-Q1 |
| San Luis Wealth Advisors LLC | 130,416 | $6M | 1.5% | 2025-Q1 stale |
| SILVER OAK SECURITIES, INCORPORATED new | 32,521 | $2M | 0.4% | 2025-Q2 stale |
| Fort Point Capital Partners LLC trimmed | 28,407 | $2M | 0.4% | 2025-Q4 stale |
| Clark Asset Management, LLC new | 24,192 | $1M | 0.3% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 25,191 | $1M | 0.3% | 2025-Q2 stale |
| Total Clarity Wealth Management, Inc. added | 24,882 | $1M | 0.3% | 2025-Q2 stale |
| Focus Partners Advisor Solutions, LLC new | 24,759 | $1M | 0.3% | 2025-Q2 stale |
| Peirce Capital Management, LLC new | 24,113 | $1M | 0.3% | 2025-Q2 stale |
| FLOW TRADERS U.S. LLC added | 19,681 | $969K | 0.2% | 2025-Q2 stale |
| HBK Sorce Advisory LLC new | 16,569 | $873K | 0.2% | 2025-Q3 stale |
| Strategic Financial Concepts, LLC trimmed | 17,276 | $816K | 0.2% | 2025-Q1 stale |
| Carlton Hofferkamp & Jenks Wealth Management, LLC | 10,000 | $526K | 0.1% | 2025-Q4 stale |
| TWO SIGMA INVESTMENTS, LP trimmed | 9,700 | $511K | 0.1% | 2025-Q4 stale |
| CITADEL ADVISORS LLC trimmed | 8,767 | $456K | 0.1% | 2025-Q3 stale |
| JANE STREET GROUP, LLC trimmed | 8,839 | $418K | 0.1% | 2025-Q1 stale |
| Tower Research Capital LLC (TRC) trimmed | 5,927 | $308K | 0.1% | 2025-Q3 stale |
| Touchstone Capital, Inc. new | 5,496 | $286K | 0.1% | 2025-Q3 stale |
| HRT FINANCIAL LP new | 5,325 | $262K | 0.1% | 2025-Q2 stale |
| Corient Private Wealth LLC new | 5,184 | $245K | 0.1% | 2025-Q1 stale |
| Private Advisor Group, LLC trimmed | 5,066 | $239K | 0.1% | 2025-Q1 stale |
| Miracle Mile Advisors, LLC trimmed | 4,722 | $223K | 0.1% | 2025-Q1 stale |
| Runnymede Capital Advisors, Inc. | 4,386 | $216K | 0.1% | 2025-Q2 stale |
| GOLDMAN SACHS GROUP INC trimmed | 4,135 | $215K | 0.1% | 2025-Q3 stale |
| SOL Capital Management CO | 4,120 | $214K | 0.1% | 2025-Q3 stale |
| Orion Porfolio Solutions, LLC trimmed | 4,414 | $209K | 0.1% | 2025-Q1 stale |
| Orion Portfolio Solutions, LLC trimmed | 4,414 | $209K | 0.1% | 2025-Q1 stale |
| CITIGROUP INC new | 2,368 | $125K | 0.0% | 2025-Q4 stale |
| Mowery & Schoenfeld Wealth Management, LLC new | 1,614 | $76K | 0.0% | 2025-Q1 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.