Who owns FTRB
Which tracked institutional funds hold FTRB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FTRB company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 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
21 tracked funds added or opened FTRB while 9 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
FTRB’s largest tracked holder by dollar value, Hills Bank & Trust Co, sizes it at 6.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 6.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FTRB 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 46 tracked filers holding FTRB, 30 increased or opened the position and 20 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 FTRB 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 3
- Concurrent Investment Advisors, LLC$2M
- CITADEL ADVISORS LLC$1M
- Petros Family Wealth, LLC$680K
Full exits 6
- Integrated Wealth Concepts LLC$5M
- Cedrus Wealth Group LLC$2M
- Janney Montgomery Scott LLC$997K
- Cambridge Investment Research Advisors, Inc.$678K
- Betterment LLC$619K
- Aurora Private Wealth, Inc.$562K
Largest adds
- Hills Bank & Trust Co$69M
- RAYMOND JAMES FINANCIAL INC$21M
- TRUIST FINANCIAL CORP$10M
- OSAIC HOLDINGS, INC.$9M
- MML INVESTORS SERVICES, LLC$2M
- Platform Technology Partners$2M
Largest trims
- Retirement Planning Group, LLC$6M
- FOCUSED ALPHA, LLC$550K
- Signature Equity Partners, LLC$382K
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 |
|---|---|---|---|---|
| Hills Bank & Trust Co added | 5,613,451 | $141M | 24.5% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 2,955,427 | $74M | 12.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 2,114,374 | $53M | 9.2% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 1,460,125 | $37M | 6.4% | 2026-Q2 |
| Broadway Wealth Solutions, Inc. added | 1,163,826 | $29M | 5.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 874,340 | $22M | 3.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 820,579 | $21M | 3.6% | 2026-Q2 |
| Wilkerson Advisory Group LLC added | 625,688 | $16M | 2.7% | 2026-Q2 |
| Retirement Planning Group, LLC trimmed | 623,408 | $16M | 2.7% | 2026-Q2 |
| Schneider Downs Wealth Management Advisors, LP added | 578,474 | $15M | 2.5% | 2026-Q2 |
| Platform Technology Partners added | 554,045 | $14M | 2.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 519,583 | $13M | 2.3% | 2026-Q2 |
| GTS FINANCIAL, LLC added | 515,702 | $13M | 2.2% | 2026-Q2 |
| Allegheny Financial Group added | 395,812 | $10M | 1.7% | 2026-Q2 |
| Beaumont Financial Advisors, LLC added | 326,633 | $8M | 1.4% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 305,718 | $8M | 1.3% | 2026-Q2 |
| FOCUSED ALPHA, LLC trimmed | 295,664 | $7M | 1.3% | 2026-Q2 |
| RMR Wealth Builders added | 258,829 | $7M | 1.1% | 2026-Q2 |
| Quantum Portfolio Management LLC added | 211,261 | $5M | 0.9% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 182,352 | $5M | 0.8% | 2026-Q2 |
| Signature Equity Partners, LLC trimmed | 161,264 | $4M | 0.7% | 2026-Q2 |
| &PARTNERS added | 119,071 | $3M | 0.5% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 87,311 | $2M | 0.4% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 78,398 | $2M | 0.3% | 2026-Q2 |
| River Street Advisors LLC added | 73,123 | $2M | 0.3% | 2026-Q2 |
| WESBANCO BANK INC added | 71,183 | $2M | 0.3% | 2026-Q2 |
| Concurrent Investment Advisors, LLC new | 64,932 | $2M | 0.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 45,510 | $1M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 43,303 | $1M | 0.2% | 2026-Q2 |
| Prosperity Financial Group, Inc. added | 41,479 | $1M | 0.2% | 2026-Q2 |
| Petros Family Wealth, LLC new | 27,082 | $680K | 0.1% | 2026-Q2 |
| First Citizens Financial Corp added | 24,455 | $614K | 0.1% | 2026-Q2 |
| OLD SECOND NATIONAL BANK OF AURORA added | 17,582 | $441K | 0.1% | 2026-Q2 |
| Claro Advisors Inc. | 17,500 | $439K | 0.1% | 2026-Q2 |
| Cordgrass Capital Advisors, LLC new | 17,072 | $428K | 0.1% | 2026-Q2 |
| Hilltop Holdings Inc. | 16,000 | $402K | 0.1% | 2026-Q2 |
| FIRST UNITED BANK & TRUST added | 14,941 | $375K | 0.1% | 2026-Q2 |
| TWIN PEAKS WEALTH ADVISORS, LLC trimmed | 12,048 | $302K | 0.1% | 2026-Q2 |
| Towerpoint Wealth, LLC | 12,045 | $302K | 0.1% | 2026-Q2 |
| LPL Financial LLC trimmed | 11,184 | $281K | 0.0% | 2026-Q2 |
| Rehmann Capital Advisory Group added | 10,355 | $260K | 0.0% | 2026-Q2 |
| Index Technologies Group LLC trimmed | 8,350 | $210K | 0.0% | 2026-Q2 |
| Stone House Investment Management, LLC | 4,020 | $101K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 3,608 | $91K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA | 1,089 | $27K | 0.0% | 2026-Q2 |
| Main Street Group, LTD new | 1,000 | $25K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 211,798 | $5M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| Cedrus Wealth Group LLC added | 74,014 | $2M | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Janney Montgomery Scott LLC added | 39,634 | $997K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 26,974 | $678K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Betterment LLC new | 24,598 | $619K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Aurora Private Wealth, Inc. | 22,144 | $562K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| MOTCO added | 15,716 | $395K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Cetera Investment Advisers trimmed | 14,657 | $369K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Atlas Wealth LLC added | 8,528 | $214K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC added | 650 | $16K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Wealth Intelligence, LLC new | 661,005 | $17M | 2.9% | 2025-Q4 stale (2 quarters behind) |
| Bank of New York Mellon Corp new | 292,139 | $7M | 1.3% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC added | 75,408 | $2M | 0.3% | 2025-Q4 stale (2 quarters behind) |
| BANK OF AMERICA CORP /DE/ new | 8,989 | $228K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Sanctuary Advisors, LLC | 9,173 | $230K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 39,659 | $995K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| FIRETHORN WEALTH PARTNERS, LLC added | 21,274 | $534K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Semmax Financial Advisors Inc. new | 4,889 | $123K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CWM, LLC new | 1,324 | $33K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 667 | $17K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| UBS Group AG trimmed | 9 | $226 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 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.