Who owns GDEC
Which tracked institutional funds hold GDEC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GDEC 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
13 tracked funds added or opened GDEC while 21 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
GDEC’s largest tracked holder by dollar value, HOLLENCREST CAPITAL MANAGEMENT, sizes it at 1.6% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 1.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in GDEC 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 107 tracked filers holding GDEC, 48 increased or opened the position and 46 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 GDEC 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 5
- NEW WAVE WEALTH ADVISORS LLC$8M
- Gladstone Institutional Advisory LLC$4M
- Janney Montgomery Scott LLC$4M
- SUMMIT WEALTH GROUP LLC / CO$2M
- Strategic Blueprint, LLC$658K
Full exits 6
- Atria Investments, Inc$6M
- BAM Wealth Management, LLC$4M
- JANE STREET GROUP, LLC$3M
- CreativeOne Wealth, LLC$2M
- VestGen Investment Management$840K
- WORLD EQUITY GROUP, INC.$514K
Largest adds
- First International Bank of Israel Ltd.$29M
- Kestra Advisory Services, LLC$2M
- Wood Tarver Financial Group, LLC$1M
- HARBOUR INVESTMENTS, INC.$737K
- Bouchey Financial Group Ltd$647K
- Concurrent Investment Advisors, LLC$594K
Largest trims
- ENVESTNET ASSET MANAGEMENT INC$16M
- Cetera Investment Advisers$6M
- MML INVESTORS SERVICES, LLC$2M
- Americana Partners, LLC$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- NewEdge Advisors, LLC$1M
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 |
|---|---|---|---|---|
| HOLLENCREST CAPITAL MANAGEMENT added | 1,114,350 | $41M | 14.1% | 2026-Q1 |
| First International Bank of Israel Ltd. added | 1,032,000 | $38M | 13.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 489,440 | $18M | 6.2% | 2026-Q1 |
| Ausdal Financial Partners, Inc. added | 392,034 | $15M | 5.0% | 2026-Q1 |
| Archer Investment Corp trimmed | 337,909 | $13M | 4.3% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 257,158 | $10M | 3.3% | 2026-Q1 |
| NEW WAVE WEALTH ADVISORS LLC added | 216,522 | $8M | 2.7% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 178,842 | $7M | 2.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 166,423 | $6M | 2.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 143,984 | $5M | 1.8% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 137,377 | $5M | 1.7% | 2026-Q1 |
| LPL Financial LLC trimmed | 129,109 | $5M | 1.6% | 2026-Q1 |
| Gladstone Institutional Advisory LLC new | 119,700 | $4M | 1.5% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 109,046 | $4M | 1.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 88,971 | $3M | 1.1% | 2026-Q1 |
| Americana Partners, LLC trimmed | 87,479 | $3M | 1.1% | 2026-Q1 |
| BECK CAPITAL MANAGEMENT, LLC trimmed | 70,024 | $3M | 0.9% | 2026-Q1 |
| SUMMIT WEALTH GROUP LLC / CO new | 54,449 | $2M | 0.7% | 2026-Q1 |
| Wood Tarver Financial Group, LLC added | 51,325 | $2M | 0.6% | 2026-Q1 |
| US BANCORP \DE\ added | 50,193 | $2M | 0.6% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 46,410 | $2M | 0.6% | 2026-Q1 |
| Tanglewood Legacy Advisors, LLC added | 42,501 | $2M | 0.5% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 42,080 | $2M | 0.5% | 2026-Q1 |
| Clearstead Advisors, LLC | 39,283 | $1M | 0.5% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 36,072 | $1M | 0.5% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 35,599 | $1M | 0.5% | 2026-Q1 |
| MAI Capital Management trimmed | 32,462 | $1M | 0.4% | 2026-Q1 |
| NorthCrest Asset Manangement, LLC trimmed | 31,887 | $1M | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 29,808 | $1M | 0.4% | 2026-Q1 |
| Bouchey Financial Group Ltd added | 28,527 | $1M | 0.4% | 2026-Q1 |
| Avidian Wealth Enterprises, LLC | 26,051 | $964K | 0.3% | 2026-Q1 |
| Arkadios Wealth Advisors added | 25,242 | $934K | 0.3% | 2026-Q1 |
| Triumph Capital Management | 25,000 | $926K | 0.3% | 2026-Q1 |
| Sunbelt Securities, Inc. trimmed | 22,563 | $835K | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 21,968 | $813K | 0.3% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 19,525 | $723K | 0.2% | 2026-Q1 |
| UPTICK PARTNERS, LLC trimmed | 19,023 | $704K | 0.2% | 2026-Q1 |
| FSB PREMIER WEALTH MANAGEMENT, INC. trimmed | 18,210 | $674K | 0.2% | 2026-Q1 |
| Strategic Blueprint, LLC new | 17,771 | $658K | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC | 17,600 | $652K | 0.2% | 2026-Q1 |
| HBW ADVISORY SERVICES LLC added | 17,363 | $643K | 0.2% | 2026-Q1 |
| BFI Wealth Solutions, LLC trimmed | 17,027 | $635K | 0.2% | 2026-Q1 |
| Sequent Planning LLC added | 16,920 | $626K | 0.2% | 2026-Q1 |
| REAP Financial Group, LLC trimmed | 16,655 | $617K | 0.2% | 2026-Q1 |
| Pinnacle Wealth Planning Services, Inc. added | 15,830 | $586K | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 15,789 | $585K | 0.2% | 2026-Q1 |
| Catalina Capital Group, LLC trimmed | 15,504 | $574K | 0.2% | 2026-Q1 |
| LVZ, Inc. added | 14,608 | $541K | 0.2% | 2026-Q1 |
| Madrona Financial Services, LLC | 14,515 | $537K | 0.2% | 2026-Q1 |
| Brookstone Capital Management trimmed | 12,827 | $475K | 0.2% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC new | 11,583 | $429K | 0.1% | 2026-Q1 |
| HRT FINANCIAL LP added | 11,490 | $425K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 11,385 | $421K | 0.1% | 2026-Q1 |
| AE Wealth Management LLC added | 11,130 | $412K | 0.1% | 2026-Q1 |
| OGOREK ANTHONY JOSEPH /NY/ /ADV new | 10,126 | $374K | 0.1% | 2026-Q1 |
| CoreCap Advisors, LLC added | 9,898 | $366K | 0.1% | 2026-Q1 |
| REICON WEALTH ADVISORS, LLC added | 9,194 | $340K | 0.1% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. trimmed | 8,999 | $333K | 0.1% | 2026-Q1 |
| Mariner, LLC trimmed | 8,763 | $324K | 0.1% | 2026-Q1 |
| Mutual Advisors, LLC | 8,546 | $316K | 0.1% | 2026-Q1 |
| Grantvest Financial Group LLC | 8,377 | $310K | 0.1% | 2026-Q1 |
| Signal Advisors Wealth, LLC trimmed | 8,067 | $299K | 0.1% | 2026-Q1 |
| Lifeworks Advisors, LLC | 7,834 | $290K | 0.1% | 2026-Q1 |
| Kingsview Wealth Management, LLC added | 7,557 | $280K | 0.1% | 2026-Q1 |
| Diligent Investors, LLC | 7,500 | $278K | 0.1% | 2026-Q1 |
| Uniting Wealth Partners, LLC new | 282,697 | $10M | 3.4% | 2025-Q2 stale |
| FSR Wealth Management Ltd. trimmed | 213,794 | $8M | 2.6% | 2025-Q2 stale |
| Atria Investments, Inc added | 164,866 | $6M | 2.1% | 2025-Q4 stale |
| Outlook Wealth Advisors, LLC trimmed | 157,342 | $6M | 1.9% | 2025-Q2 stale |
| BAM Wealth Management, LLC new | 112,195 | $4M | 1.5% | 2025-Q4 stale |
| TOUNJIAN ADVISORY PARTNERS, LLC trimmed | 124,894 | $4M | 1.4% | 2025-Q2 stale |
| Bullseye Investment Management, LLC | 94,353 | $3M | 1.1% | 2025-Q3 stale |
| Pallas Capital Advisors LLC trimmed | 83,673 | $3M | 0.9% | 2025-Q1 stale |
| JANE STREET GROUP, LLC added | 70,047 | $3M | 0.9% | 2025-Q4 stale |
| CreativeOne Wealth, LLC added | 64,650 | $2M | 0.8% | 2025-Q4 stale |
| SMART Wealth LLC trimmed | 52,930 | $2M | 0.6% | 2025-Q2 stale |
| TOWNSQUARE CAPITAL LLC new | 47,445 | $2M | 0.5% | 2025-Q1 stale |
| FSA Advisors, Inc. trimmed | 40,828 | $1M | 0.5% | 2025-Q2 stale |
| FWG Investments, LLC. trimmed | 30,309 | $1M | 0.4% | 2025-Q2 stale |
| HOWARD BAILEY SECURITIES, LLC trimmed | 27,135 | $954K | 0.3% | 2025-Q2 stale |
| Blackston Financial Advisory Group, LLC added | 25,416 | $894K | 0.3% | 2025-Q2 stale |
| Csenge Advisory Group trimmed | 24,913 | $851K | 0.3% | 2025-Q2 stale |
| VestGen Investment Management new | 22,213 | $840K | 0.3% | 2025-Q4 stale |
| Great Lakes Retirement, Inc. trimmed | 23,578 | $829K | 0.3% | 2025-Q2 stale |
| B.O.S.S. Retirement Advisors, LLC trimmed | 23,489 | $826K | 0.3% | 2025-Q2 stale |
| Atria Wealth Solutions, Inc. trimmed | 22,663 | $750K | 0.3% | 2025-Q1 stale |
| Bison Wealth, LLC trimmed | 18,362 | $646K | 0.2% | 2025-Q2 stale |
| Quest 10 Wealth Builders, Inc. trimmed | 16,690 | $587K | 0.2% | 2025-Q2 stale |
| Lord & Richards Wealth Management, LLC trimmed | 17,671 | $585K | 0.2% | 2025-Q1 stale |
| WORLD EQUITY GROUP, INC. trimmed | 13,585 | $514K | 0.2% | 2025-Q4 stale |
| FLAGSTAR ADVISORS INC trimmed | 14,453 | $508K | 0.2% | 2025-Q2 stale |
| Kingdom Financial Group LLC. added | 12,623 | $444K | 0.2% | 2025-Q2 stale |
| Schulz Wealth, LTD. new | 12,544 | $441K | 0.2% | 2025-Q2 stale |
| CITADEL ADVISORS LLC trimmed | 10,968 | $402K | 0.1% | 2025-Q3 stale |
| EPG Wealth Management LLC | 11,300 | $374K | 0.1% | 2025-Q1 stale |
| Park Square Financial Group, LLC added | 10,221 | $359K | 0.1% | 2025-Q2 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 9,090 | $320K | 0.1% | 2025-Q2 stale |
| IFG Advisory, LLC new | 8,357 | $316K | 0.1% | 2025-Q4 stale |
| Authentikos Wealth Advisory, LLC trimmed | 8,440 | $297K | 0.1% | 2025-Q2 stale |
| AssuredPartners Investment Advisors, LLC | 7,400 | $280K | 0.1% | 2025-Q4 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.