Who owns GVAL
Which tracked institutional funds hold GVAL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GVAL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
25 tracked funds added or opened GVAL while 13 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
GVAL’s largest tracked holder by dollar value, ALM First Financial Advisors, LLC, sizes it at 9.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 9.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in GVAL 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 76 tracked filers holding GVAL, 52 increased or opened the position and 34 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 GVAL 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 6
- Trek Financial, LLC$13M
- Per Stirling Capital Management, LLC.$7M
- Riverbend Wealth Management, LLC$2M
- Kestra Advisory Services, LLC$1M
- IFG Advisory, LLC$974K
- NewEdge Advisors, LLC$684K
Full exits 8
- SMI Advisory Services, LLC$21M
- JANE STREET GROUP, LLC$12M
- Betterment LLC$2M
- Janney Montgomery Scott LLC$2M
- HighTower Advisors, LLC$1M
- Virtu Financial LLC$784K
Largest adds
- ALM First Financial Advisors, LLC$31M
- Stratos Investment Management, LLC$11M
- MML INVESTORS SERVICES, LLC$7M
- D.A. DAVIDSON & CO.$5M
- LPL Financial LLC$3M
- OSAIC HOLDINGS, INC.$3M
Largest trims
- MORGAN STANLEY$17M
- Del-Sette Capital Management, LLC$4M
- ENVESTNET ASSET MANAGEMENT INC$4M
- Cambria Investment Management, L.P.$4M
- Signature Equity Partners, 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 |
|---|---|---|---|---|
| ALM First Financial Advisors, LLC added | 1,564,110 | $56M | 15.0% | 2026-Q2 |
| Cambria Investment Management, L.P. trimmed | 918,444 | $33M | 8.8% | 2026-Q2 |
| MORGAN STANLEY trimmed | 762,453 | $27M | 7.3% | 2026-Q2 |
| Stratos Investment Management, LLC added | 678,412 | $24M | 6.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 518,078 | $19M | 5.0% | 2026-Q2 |
| Trek Financial, LLC new | 369,407 | $13M | 3.6% | 2026-Q2 |
| LPL Financial LLC added | 361,110 | $13M | 3.5% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 351,412 | $13M | 3.4% | 2026-Q2 |
| Rockport Wealth LLC added | 298,366 | $11M | 2.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 258,886 | $9M | 2.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 231,848 | $8M | 2.2% | 2026-Q2 |
| Sepio Capital, LP added | 230,805 | $8M | 2.2% | 2026-Q2 |
| Empowered Funds, LLC added | 214,445 | $8M | 2.1% | 2026-Q2 |
| OPTIMA CAPITAL LLC added | 190,686 | $7M | 1.8% | 2026-Q2 |
| Per Stirling Capital Management, LLC. new | 186,012 | $7M | 1.8% | 2026-Q2 |
| ALTFEST L J & CO INC added | 178,176 | $6M | 1.7% | 2026-Q2 |
| Summit Financial, LLC added | 166,109 | $6M | 1.6% | 2026-Q2 |
| Atlas Wealth LLC added | 151,060 | $5M | 1.5% | 2026-Q2 |
| Fortis Group Advisors, LLC added | 129,988 | $5M | 1.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 113,692 | $4M | 1.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 83,775 | $3M | 0.8% | 2026-Q2 |
| Pekin Hardy Strauss, Inc. added | 62,827 | $2M | 0.6% | 2026-Q2 |
| Sound Financial Strategies Group, LLC added | 62,393 | $2M | 0.6% | 2026-Q2 |
| Riverbend Wealth Management, LLC new | 48,447 | $2M | 0.5% | 2026-Q2 |
| Secure Asset Management, LLC trimmed | 47,112 | $2M | 0.5% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 45,127 | $2M | 0.4% | 2026-Q2 |
| HBW ADVISORY SERVICES LLC added | 44,893 | $2M | 0.4% | 2026-Q2 |
| McGrath & Associates, Inc. added | 43,389 | $2M | 0.4% | 2026-Q2 |
| PRUDENTIAL PLC | 43,000 | $2M | 0.4% | 2026-Q2 |
| Miller Global Investments, LLC trimmed | 39,130 | $1M | 0.4% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 38,925 | $1M | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 35,213 | $1M | 0.3% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 35,254 | $1M | 0.3% | 2026-Q2 |
| Equitable Holdings, Inc. added | 31,975 | $1M | 0.3% | 2026-Q2 |
| Del-Sette Capital Management, LLC trimmed | 29,238 | $1M | 0.3% | 2026-Q2 |
| IFG Advisory, LLC trimmed | 27,053 | $974K | 0.3% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 26,306 | $947K | 0.3% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 26,250 | $946K | 0.3% | 2026-Q2 |
| LEVEL FOUR ADVISORY SERVICES, LLC trimmed | 25,702 | $926K | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 24,776 | $892K | 0.2% | 2026-Q2 |
| Trademark Financial Management, LLC added | 22,124 | $797K | 0.2% | 2026-Q2 |
| Ascentis Wealth Management, LLC added | 482,211 | $765K | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC new | 18,981 | $684K | 0.2% | 2026-Q2 |
| Encompass More Asset Management added | 18,743 | $675K | 0.2% | 2026-Q2 |
| FSA WEALTH PARTNERS, INC. trimmed | 18,301 | $659K | 0.2% | 2026-Q2 |
| Belpointe Asset Management LLC added | 17,354 | $625K | 0.2% | 2026-Q2 |
| Stratos Wealth Advisors, LLC trimmed | 13,701 | $494K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 12,453 | $448K | 0.1% | 2026-Q2 |
| Essex Financial Services, Inc. trimmed | 10,941 | $394K | 0.1% | 2026-Q2 |
| TCFG Investment Advisors, LLC new | 10,512 | $379K | 0.1% | 2026-Q2 |
| Lifetime Wealth Management P.C. added | 10,270 | $370K | 0.1% | 2026-Q2 |
| Whitcomb & Hess, Inc. trimmed | 10,225 | $368K | 0.1% | 2026-Q2 |
| Waverly Advisors, LLC new | 9,253 | $333K | 0.1% | 2026-Q2 |
| Atria Investments, Inc added | 9,159 | $330K | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd new | 8,744 | $315K | 0.1% | 2026-Q2 |
| Legacy Bridge, LLC trimmed | 8,276 | $298K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 8,130 | $293K | 0.1% | 2026-Q2 |
| Stratos Wealth Partners, LTD. new | 7,502 | $270K | 0.1% | 2026-Q2 |
| Astoria Portfolio Advisors LLC. added | 7,142 | $257K | 0.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ | 7,000 | $252K | 0.1% | 2026-Q2 |
| Legacy Wealth Managment, LLC/ID new | 6,250 | $225K | 0.1% | 2026-Q2 |
| Advisors Preferred, LLC new | 6,170 | $223K | 0.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 6,060 | $218K | 0.1% | 2026-Q2 |
| Walkner Condon Financial Advisors LLC new | 5,652 | $204K | 0.1% | 2026-Q2 |
| Stone House Investment Management, LLC | 5,250 | $189K | 0.1% | 2026-Q2 |
| Blue Trust, Inc. new | 1,461 | $53K | 0.0% | 2026-Q2 |
| PRIVATE TRUST CO NA trimmed | 1,374 | $49K | 0.0% | 2026-Q2 |
| LANARK FINANCIAL, INC. | 1,370 | $49K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 1,088 | $39K | 0.0% | 2026-Q2 |
| Signature Equity Partners, LLC trimmed | 446 | $16K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 289 | $10K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. new | 277 | $10K | 0.0% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 255 | $9K | 0.0% | 2026-Q2 |
| EVOLUTION WEALTH MANAGEMENT INC. | 180 | $6K | 0.0% | 2026-Q2 |
| SIGNATUREFD, LLC added | 86 | $3K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN | 0 | $18 | 0.0% | 2026-Q2 |
| SMI Advisory Services, LLC added | 629,038 | $21M | 5.7% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC added | 359,977 | $12M | 3.2% | 2026-Q1 stale (1 quarter behind) |
| Betterment LLC trimmed | 70,488 | $2M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Janney Montgomery Scott LLC added | 55,892 | $2M | 0.5% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC added | 42,715 | $1M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Virtu Financial LLC added | 23,647 | $784K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC added | 21,809 | $723K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| THOROUGHBRED FINANCIAL SERVICES, LLC added | 20,883 | $692K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| DAVENPORT & Co LLC new | 7,206 | $239K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC new | 4,775 | $158K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Longview Financial Advisors, Inc. trimmed | 3,968 | $132K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Western Wealth Management, LLC new | 3,395 | $113K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Ascentis Independent Advisors new | 1,992 | $66K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Jaffetilchin Investment Partners, LLC trimmed | 44,850 | $1M | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Mutual Advisors, LLC trimmed | 13,332 | $420K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Geneos Wealth Management Inc. added | 66,591 | $2M | 0.5% | 2025-Q3 stale (3 quarters behind) |
| FIG FINANCIAL ADVISORY SERVICES INC /ADV new | 51,816 | $2M | 0.4% | 2025-Q3 stale (3 quarters behind) |
| HRT FINANCIAL LP new | 19,624 | $573K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| B. Riley Wealth Advisors, Inc. new | 10,995 | $321K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| WMG Financial Advisors, LLC new | 10,000 | $292K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| GRIFFIN ASSET MANAGEMENT, INC. new | 9,104 | $266K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Vanguard Capital Wealth Advisors new | 8,965 | $262K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| IronOak Wealth LLC. new | 44,038 | $1M | 0.3% | 2025-Q2 stale (4 quarters behind) |
| FLOW TRADERS U.S. LLC trimmed | 40,103 | $1M | 0.3% | 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.