Who owns FEBT
Which tracked institutional funds hold FEBT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FEBT company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-26). 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 FEBT is one-sided between 2026-Q1 and 2026-Q2: 13 added or opened and 2 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
FEBT’s largest tracked holder by dollar value, Gradient Investments LLC, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FEBT 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 54 tracked filers holding FEBT, 35 increased or opened the position and 15 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 FEBT 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 7
- FWG Investments, LLC.$3M
- Wellment Financial$3M
- SMART Wealth LLC$2M
- Richmond Brothers, Inc.$2M
- Lloyd Advisory Services, LLC.$808K
- Quest 10 Wealth Builders, Inc.$801K
Largest adds
- AE Wealth Management LLC$39M
- Gradient Investments LLC$6M
- JPMORGAN CHASE & CO$721K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$544K
- RAYMOND JAMES FINANCIAL INC$335K
- LPL Financial LLC$331K
Largest trims
- Modern Wealth Management, LLC$6M
- OSAIC HOLDINGS, INC.$769K
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 |
|---|---|---|---|---|
| Gradient Investments LLC added | 1,378,809 | $57M | 34.9% | 2026-Q2 |
| AE Wealth Management LLC added | 947,801 | $39M | 24.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 164,324 | $7M | 4.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 109,042 | $4M | 2.8% | 2026-Q2 |
| LPL Financial LLC trimmed | 91,753 | $4M | 2.3% | 2026-Q2 |
| FWG Investments, LLC. new | 72,521 | $3M | 1.8% | 2026-Q2 |
| Wellment Financial new | 62,476 | $3M | 1.6% | 2026-Q2 |
| SMART Wealth LLC new | 56,854 | $2M | 1.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 44,434 | $2M | 1.1% | 2026-Q2 |
| Richmond Brothers, Inc. new | 39,690 | $2M | 1.0% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 39,545 | $2M | 1.0% | 2026-Q2 |
| Cetera Investment Advisers added | 33,858 | $1M | 0.9% | 2026-Q2 |
| Snowden Capital Advisors LLC | 26,588 | $1M | 0.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 26,161 | $1M | 0.7% | 2026-Q2 |
| Lloyd Advisory Services, LLC. new | 19,641 | $808K | 0.5% | 2026-Q2 |
| Quest 10 Wealth Builders, Inc. new | 19,465 | $801K | 0.5% | 2026-Q2 |
| FSA Advisors, Inc. new | 19,150 | $788K | 0.5% | 2026-Q2 |
| Modern Wealth Management, LLC trimmed | 18,921 | $778K | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 17,815 | $728K | 0.4% | 2026-Q2 |
| Brown Financial Advisors trimmed | 15,875 | $653K | 0.4% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 11,760 | $484K | 0.3% | 2026-Q2 |
| GTS SECURITIES LLC new | 11,466 | $472K | 0.3% | 2026-Q2 |
| Sanctuary Advisors, LLC | 11,045 | $454K | 0.3% | 2026-Q2 |
| Mattson Financial Services, LLC added | 10,575 | $437K | 0.3% | 2026-Q2 |
| Paladin Wealth, LLC trimmed | 9,876 | $406K | 0.3% | 2026-Q2 |
| Csenge Advisory Group new | 7,936 | $326K | 0.2% | 2026-Q2 |
| A4 Wealth Advisors LLC trimmed | 7,701 | $317K | 0.2% | 2026-Q2 |
| Strategic Blueprint, LLC | 7,368 | $303K | 0.2% | 2026-Q2 |
| Focus Financial Network, Inc. trimmed | 6,813 | $280K | 0.2% | 2026-Q2 |
| Nvest Financial, LLC added | 6,640 | $273K | 0.2% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC added | 6,620 | $272K | 0.2% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC | 6,526 | $268K | 0.2% | 2026-Q2 |
| OLD MISSION CAPITAL LLC trimmed | 6,206 | $255K | 0.2% | 2026-Q2 |
| Accurate Wealth Management, LLC trimmed | 5,375 | $223K | 0.1% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 5,190 | $214K | 0.1% | 2026-Q2 |
| Allianz SE | 5,000 | $206K | 0.1% | 2026-Q2 |
| TOUNJIAN ADVISORY PARTNERS, LLC new | 3,785 | $156K | 0.1% | 2026-Q2 |
| Mosley Wealth Management new | 2,590 | $107K | 0.1% | 2026-Q2 |
| Innovative Asset Advisors Group, LLC new | 2,320 | $95K | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 2,238 | $92K | 0.1% | 2026-Q2 |
| AdvisorNet Financial, Inc | 1,600 | $66K | 0.0% | 2026-Q2 |
| Decker Retirement Planning Inc. new | 1,451 | $60K | 0.0% | 2026-Q2 |
| Networth Advisors, LLC new | 1,372 | $56K | 0.0% | 2026-Q2 |
| Kingdom Financial Group LLC. new | 1,324 | $54K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 1,028 | $42K | 0.0% | 2026-Q2 |
| Key Capital Management, INC new | 903 | $37K | 0.0% | 2026-Q2 |
| Elevated Capital Advisors, LLC new | 515 | $21K | 0.0% | 2026-Q2 |
| ASSETMARK, INC new | 400 | $16K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 169 | $7K | 0.0% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV | 168 | $7K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 150 | $6K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC new | 102 | $4K | 0.0% | 2026-Q2 |
| Montgomery Financial Services LLC new | 48 | $2K | 0.0% | 2026-Q2 |
| IFG Advisory, LLC new | 47 | $2K | 0.0% | 2026-Q2 |
| CWM, LLC trimmed | 9,400 | $352K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 8,625 | $323K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Orion Porfolio Solutions, LLC added | 6,432 | $241K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| UBS Group AG added | 187 | $7K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Safe Harbor Wealth Advisors, LLC new | 288,961 | $11M | 6.9% | 2025-Q4 stale (2 quarters behind) |
| JIM SAULNIER & ASSOCIATES, LLC | 6,048 | $230K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Kaye Capital Management trimmed | 284,405 | $10M | 6.2% | 2025-Q2 stale (4 quarters behind) |
| Atria Wealth Solutions, Inc. trimmed | 36,340 | $1M | 0.8% | 2025-Q2 stale (4 quarters behind) |
| CITADEL ADVISORS LLC added | 15,841 | $556K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Atala Financial Inc new | 8,843 | $310K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
1 parent filing withheld from the table above, and from the coverage figures, to avoid listing one book twice: Allianz Investment Management U.S. LLC (last filed 2025-Q3, 5,000 shares) reconciles to its 1 current affiliate (5,000 shares) — 0.000% apart.
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.