Who owns GAPR
Which tracked institutional funds hold GAPR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GAPR company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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 GAPR while 11 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
GAPR’s largest tracked holder by dollar value, RAYMOND JAMES FINANCIAL INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes GAPR more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in GAPR 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 88 tracked filers holding GAPR, 20 increased or opened the position and 42 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 GAPR 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 3
- Keystone Wealth Services, LLC$1M
- CITADEL ADVISORS LLC$838K
- VestGen Advisors, LLC$576K
Full exits 3
- Schulz Wealth, LTD.$4M
- Signal Advisors Wealth, LLC$691K
- VestGen Investment Management$506K
Largest adds
- OLD MISSION CAPITAL LLC$1M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$752K
- Kovack Advisors, Inc.$613K
- Concurrent Investment Advisors, LLC$358K
- Kestra Advisory Services, LLC$279K
Largest trims
- ENVESTNET ASSET MANAGEMENT INC$6M
- Cetera Investment Advisers$4M
- Americana Partners, LLC$1M
- CreativeOne Wealth, LLC$579K
- NewEdge Advisors, LLC$517K
- COMMONWEALTH EQUITY SERVICES, LLC$386K
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC trimmed | 377,015 | $15M | 11.0% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 269,281 | $11M | 7.9% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 194,238 | $8M | 5.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 189,521 | $8M | 5.5% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 156,526 | $6M | 4.6% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 155,419 | $6M | 4.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 115,134 | $5M | 3.4% | 2026-Q1 |
| LPL Financial LLC added | 100,842 | $4M | 2.9% | 2026-Q1 |
| Americana Partners, LLC trimmed | 99,220 | $4M | 2.9% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 98,010 | $4M | 2.9% | 2026-Q1 |
| CITY HOLDING CO | 74,425 | $3M | 2.2% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 48,169 | $2M | 1.4% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 38,191 | $2M | 1.1% | 2026-Q1 |
| Per Stirling Capital Management, LLC. added | 36,985 | $1M | 1.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 35,805 | $1M | 1.0% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 33,983 | $1M | 1.0% | 2026-Q1 |
| Keystone Wealth Services, LLC trimmed | 29,127 | $1M | 0.9% | 2026-Q1 |
| ARS Wealth Advisors Group, LLC trimmed | 28,433 | $1M | 0.8% | 2026-Q1 |
| CreativeOne Wealth, LLC trimmed | 26,392 | $1M | 0.8% | 2026-Q1 |
| Lido Advisors, LLC | 25,223 | $1M | 0.7% | 2026-Q1 |
| Tanglewood Legacy Advisors, LLC | 25,198 | $1M | 0.7% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 22,102 | $894K | 0.6% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 20,704 | $838K | 0.6% | 2026-Q1 |
| Visionary Wealth Advisors | 20,386 | $825K | 0.6% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 18,747 | $759K | 0.5% | 2026-Q1 |
| Catalina Capital Group, LLC | 18,088 | $732K | 0.5% | 2026-Q1 |
| Waverly Advisors, LLC trimmed | 17,611 | $713K | 0.5% | 2026-Q1 |
| Archer Investment Corp | 15,843 | $641K | 0.5% | 2026-Q1 |
| Keating Financial Advisory Services, Inc. trimmed | 15,314 | $620K | 0.4% | 2026-Q1 |
| Madrona Financial Services, LLC | 15,173 | $614K | 0.4% | 2026-Q1 |
| Kovack Advisors, Inc. added | 15,163 | $614K | 0.4% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 15,065 | $610K | 0.4% | 2026-Q1 |
| REAP Financial Group, LLC trimmed | 14,729 | $596K | 0.4% | 2026-Q1 |
| Gallagher Fiduciary Advisors, LLC trimmed | 14,670 | $594K | 0.4% | 2026-Q1 |
| VestGen Advisors, LLC new | 13,958 | $576K | 0.4% | 2026-Q1 |
| MAI Capital Management | 14,097 | $571K | 0.4% | 2026-Q1 |
| OneDigital Investment Advisors LLC | 13,723 | $555K | 0.4% | 2026-Q1 |
| FSB PREMIER WEALTH MANAGEMENT, INC. trimmed | 12,583 | $509K | 0.4% | 2026-Q1 |
| RETIREMENT GUYS FORMULA LLC trimmed | 12,179 | $493K | 0.4% | 2026-Q1 |
| Avidian Wealth Enterprises, LLC | 11,853 | $480K | 0.3% | 2026-Q1 |
| FORTRESS PRIVATE LEDGER, LLC | 11,803 | $478K | 0.3% | 2026-Q1 |
| Anfield Capital Management, LLC trimmed | 11,789 | $477K | 0.3% | 2026-Q1 |
| Wood Tarver Financial Group, LLC added | 11,609 | $469K | 0.3% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 11,499 | $465K | 0.3% | 2026-Q1 |
| Range Financial Group LLC trimmed | 10,977 | $444K | 0.3% | 2026-Q1 |
| RFG Advisory, LLC new | 10,703 | $433K | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 10,656 | $432K | 0.3% | 2026-Q1 |
| Mutual Advisors, LLC | 10,242 | $414K | 0.3% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV new | 9,782 | $396K | 0.3% | 2026-Q1 |
| CoreCap Advisors, LLC added | 9,271 | $375K | 0.3% | 2026-Q1 |
| MACROVIEW INVESTMENT MANAGEMENT LLC | 8,668 | $351K | 0.3% | 2026-Q1 |
| Sequent Planning LLC trimmed | 8,505 | $344K | 0.2% | 2026-Q1 |
| WEDBUSH SECURITIES INC | 8,510 | $344K | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 7,681 | $311K | 0.2% | 2026-Q1 |
| Prosperity Consulting Group, LLC | 7,173 | $290K | 0.2% | 2026-Q1 |
| Kestra Investment Management, LLC | 7,148 | $289K | 0.2% | 2026-Q1 |
| Koshinski Asset Management, Inc. trimmed | 6,480 | $262K | 0.2% | 2026-Q1 |
| KINTRA WEALTH, LLC new | 6,143 | $249K | 0.2% | 2026-Q1 |
| Triad Wealth Partners, LLC trimmed | 5,875 | $238K | 0.2% | 2026-Q1 |
| BIP Wealth, LLC | 5,850 | $237K | 0.2% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 5,672 | $230K | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. | 5,400 | $219K | 0.2% | 2026-Q1 |
| UPTICK PARTNERS, LLC | 5,382 | $218K | 0.2% | 2026-Q1 |
| Diligent Investors, LLC | 5,375 | $218K | 0.2% | 2026-Q1 |
| Sunbelt Securities, Inc. trimmed | 5,026 | $203K | 0.1% | 2026-Q1 |
| Geneos Wealth Management Inc. | 4,172 | $169K | 0.1% | 2026-Q1 |
| Integrity Financial Corp /WA added | 3,994 | $162K | 0.1% | 2026-Q1 |
| IFP Advisors, Inc | 3,927 | $159K | 0.1% | 2026-Q1 |
| Spire Wealth Management | 3,882 | $157K | 0.1% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. | 2,751 | $111K | 0.1% | 2026-Q1 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 2,617 | $106K | 0.1% | 2026-Q1 |
| Ritter Daniher Financial Advisory LLC / DE | 2,515 | $102K | 0.1% | 2026-Q1 |
| NEW WAVE WEALTH ADVISORS LLC added | 380,627 | $15M | 10.5% | 2025-Q2 stale |
| Schulz Wealth, LTD. trimmed | 110,319 | $4M | 3.2% | 2025-Q4 stale |
| STEPHENS INC /AR/ trimmed | 33,130 | $1M | 0.9% | 2025-Q2 stale |
| Bison Wealth, LLC | 29,546 | $1M | 0.8% | 2025-Q2 stale |
| Synergy Asset Management, LLC added | 22,084 | $854K | 0.6% | 2025-Q3 stale |
| BRASS TAX WEALTH MANAGEMENT, INC trimmed | 17,931 | $704K | 0.5% | 2025-Q3 stale |
| Signal Advisors Wealth, LLC added | 17,269 | $691K | 0.5% | 2025-Q4 stale |
| VestGen Investment Management added | 12,644 | $506K | 0.4% | 2025-Q4 stale |
| Main Street Financial Solutions, LLC trimmed | 11,066 | $443K | 0.3% | 2025-Q4 stale |
| Atria Wealth Solutions, Inc. | 10,834 | $407K | 0.3% | 2025-Q1 stale |
| TOWNSQUARE CAPITAL LLC added | 10,138 | $381K | 0.3% | 2025-Q1 stale |
| JPMORGAN CHASE & CO added | 10,000 | $376K | 0.3% | 2025-Q1 stale |
| Stuart Chaussee & Associates, Inc. | 8,400 | $330K | 0.2% | 2025-Q3 stale |
| Orion Porfolio Solutions, LLC added | 8,240 | $330K | 0.2% | 2025-Q4 stale |
| Mariner, LLC new | 8,747 | $329K | 0.2% | 2025-Q1 stale |
| Strategic Blueprint, LLC | 7,525 | $295K | 0.2% | 2025-Q3 stale |
| AdvisorNet Financial, Inc | 7,563 | $290K | 0.2% | 2025-Q2 stale |
| CENTAURUS FINANCIAL, INC. | 7,134 | $285K | 0.2% | 2025-Q4 stale |
| Foundations Investment Advisors, LLC trimmed | 7,563 | $284K | 0.2% | 2025-Q1 stale |
| WEALTHGARDEN F.S. LLC new | 6,351 | $245K | 0.2% | 2025-Q2 stale |
| FLAGSTAR ADVISORS INC added | 5,846 | $224K | 0.2% | 2025-Q2 stale |
| Atria Investments, Inc trimmed | 5,399 | $216K | 0.2% | 2025-Q4 stale |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 5,615 | $215K | 0.2% | 2025-Q3 stale |
| Orion Portfolio Solutions, LLC trimmed | 5,685 | $214K | 0.2% | 2025-Q1 stale |
| Arkadios Wealth Advisors new | 5,430 | $213K | 0.2% | 2025-Q3 stale |
| Global Retirement Partners, LLC | 4,035 | $161K | 0.1% | 2025-Q4 stale |
| Stonebridge Financial Group, LLC | 3,796 | $143K | 0.1% | 2025-Q1 stale |
| EP Wealth Advisors, LLC new | 3,066 | $117K | 0.1% | 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.