Who owns HDV (HDV)
Which tracked institutional funds hold HDV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HDV company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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 HDV is one-sided between 2025-Q4 and 2026-Q1: 253 added or opened and 53 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
HDV’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes HDV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in HDV 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 851 tracked filers holding HDV, 435 increased or opened the position and 303 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 HDV 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 31
- PRUDENTIAL PLC$21M
- Quadrature Capital Ltd$10M
- Accurate Wealth Management, LLC$6M
- XTX Topco Ltd$3M
- PlanVest Financial, Inc$3M
- Gerald Baker Financial Group LLC$3M
Full exits 23
- Engineers Gate Manager LP$28M
- Meiji Yasuda Life Insurance Co$20M
- COMERICA BANK$20M
- MILLENNIUM MANAGEMENT LLC$17M
- FAS Wealth Partners, Inc.$11M
- SteelPeak Wealth, LLC$11M
Largest adds
- LPL Financial LLC$94M
- M&T Bank Corp$89M
- BNP PARIBAS FINANCIAL MARKETS$63M
- MORGAN STANLEY$61M
- CITADEL ADVISORS LLC$61M
- Allianz Asset Management GmbH$54M
Largest trims
- Corient Private Wealth LLC$9M
- IFP Advisors, Inc$6M
- Townsend & Associates, Inc$4M
- LEVEL FOUR ADVISORY SERVICES, LLC$3M
- STAR Financial Bank$3M
- NATIXIS ADVISORS, LLC$3M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 4,083,741 | $554M | 10.2% | 2026-Q1 |
| MORGAN STANLEY added | 3,481,196 | $472M | 8.7% | 2026-Q1 |
| LPL Financial LLC added | 3,317,662 | $450M | 8.3% | 2026-Q1 |
| UBS Group AG added | 1,551,933 | $211M | 3.9% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 1,406,343 | $191M | 3.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,297,163 | $176M | 3.2% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,282,003 | $174M | 3.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,190,571 | $162M | 3.0% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 1,046,437 | $141M | 2.6% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,003,439 | $136M | 2.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 968,381 | $131M | 2.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 902,142 | $122M | 2.2% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 893,886 | $121M | 2.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 859,700 | $117M | 2.1% | 2026-Q1 |
| SECURIAN ASSET MANAGEMENT, INC trimmed | 713,802 | $97M | 1.8% | 2026-Q1 |
| BlackRock, Inc. added | 686,666 | $93M | 1.7% | 2026-Q1 |
| M&T Bank Corp added | 660,009 | $90M | 1.6% | 2026-Q1 |
| Cetera Investment Advisers added | 650,163 | $88M | 1.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 625,989 | $85M | 1.6% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 576,725 | $78M | 1.4% | 2026-Q1 |
| FMR LLC added | 566,769 | $77M | 1.4% | 2026-Q1 |
| LBMC INVESTMENT ADVISORS, LLC added | 458,400 | $62M | 1.1% | 2026-Q1 |
| Allianz Asset Management GmbH added | 457,400 | $62M | 1.1% | 2026-Q1 |
| Mariner, LLC added | 451,518 | $61M | 1.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 370,029 | $50M | 0.9% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 310,300 | $42M | 0.8% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 304,658 | $41M | 0.8% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 258,968 | $35M | 0.6% | 2026-Q1 |
| Townsend & Associates, Inc trimmed | 264,119 | $35M | 0.6% | 2026-Q1 |
| Private Advisor Group, LLC added | 257,027 | $35M | 0.6% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 282,746 | $34M | 0.6% | 2026-Q1 |
| DAVENPORT & Co LLC added | 244,482 | $33M | 0.6% | 2026-Q1 |
| SBI Securities Co., Ltd. added | 240,991 | $33M | 0.6% | 2026-Q1 |
| REGIMEN WEALTH, LLC added | 235,382 | $32M | 0.6% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 223,646 | $30M | 0.5% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 204,873 | $28M | 0.5% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 202,013 | $27M | 0.5% | 2026-Q1 |
| Advisory Services Network, LLC added | 197,250 | $27M | 0.5% | 2026-Q1 |
| Wharton Business Group, LLC added | 192,438 | $26M | 0.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 183,596 | $25M | 0.5% | 2026-Q1 |
| VAUGHAN & Co SECURITIES, INC. trimmed | 181,662 | $25M | 0.5% | 2026-Q1 |
| Simmons Bank trimmed | 176,184 | $24M | 0.4% | 2026-Q1 |
| HB Wealth Management, LLC added | 168,114 | $23M | 0.4% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 167,959 | $23M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 165,115 | $22M | 0.4% | 2026-Q1 |
| Waverly Advisors, LLC trimmed | 161,458 | $22M | 0.4% | 2026-Q1 |
| Kohmann Bosshard Financial Services, LLC trimmed | 160,057 | $22M | 0.4% | 2026-Q1 |
| PRUDENTIAL PLC trimmed | 157,000 | $21M | 0.4% | 2026-Q1 |
| Cerity Partners LLC added | 156,153 | $21M | 0.4% | 2026-Q1 |
| SWEENEY & MICHEL, LLC added | 156,369 | $21M | 0.4% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 153,931 | $21M | 0.4% | 2026-Q1 |
| Creative Planning trimmed | 153,260 | $21M | 0.4% | 2026-Q1 |
| Atwater Malick LLC added | 141,303 | $19M | 0.4% | 2026-Q1 |
| Orion Porfolio Solutions, LLC added | 139,033 | $19M | 0.3% | 2026-Q1 |
| Columbia River Financial Group, LLC added | 127,138 | $17M | 0.3% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 126,072 | $17M | 0.3% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 122,390 | $17M | 0.3% | 2026-Q1 |
| CWM, LLC added | 114,540 | $16M | 0.3% | 2026-Q1 |
| Lantz Financial LLC added | 114,530 | $16M | 0.3% | 2026-Q1 |
| Adirondack Capital Advisors, LLC added | 110,051 | $15M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 109,626 | $15M | 0.3% | 2026-Q1 |
| GLENMEDE TRUST CO NA added | 104,505 | $14M | 0.3% | 2026-Q1 |
| SYKON CAPITAL LLC added | 104,488 | $14M | 0.3% | 2026-Q1 |
| Smartleaf Asset Management LLC added | 101,266 | $14M | 0.3% | 2026-Q1 |
| Wealthspire Advisors, LLC added | 100,702 | $14M | 0.3% | 2026-Q1 |
| Kapstone Financial Advisors LLC added | 99,322 | $13M | 0.2% | 2026-Q1 |
| Global Strategic Investment Solutions, LLC added | 95,588 | $13M | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 95,567 | $13M | 0.2% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added | 95,228 | $13M | 0.2% | 2026-Q1 |
| COURIER CAPITAL LLC added | 93,229 | $13M | 0.2% | 2026-Q1 |
| NTV Asset Management LLC added | 90,250 | $12M | 0.2% | 2026-Q1 |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. trimmed | 89,919 | $12M | 0.2% | 2026-Q1 |
| Atria Investments, Inc trimmed | 81,015 | $11M | 0.2% | 2026-Q1 |
| Lido Advisors, LLC added | 78,016 | $11M | 0.2% | 2026-Q1 |
| Smithfield Trust Co trimmed | 75,685 | $10M | 0.2% | 2026-Q1 |
| Beaumont Financial Advisors, LLC added | 75,348 | $10M | 0.2% | 2026-Q1 |
| Financial Perspectives, Inc added | 74,831 | $10M | 0.2% | 2026-Q1 |
| Quadrature Capital Ltd added | 73,235 | $10M | 0.2% | 2026-Q1 |
| Base Wealth Management LLC added | 70,642 | $10M | 0.2% | 2026-Q1 |
| Forefront Analytics, LLC trimmed | 68,087 | $9M | 0.2% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 67,832 | $9M | 0.2% | 2026-Q1 |
| REGIONS FINANCIAL CORP added | 64,805 | $9M | 0.2% | 2026-Q1 |
| Gotham Asset Management, LLC added | 64,628 | $9M | 0.2% | 2026-Q1 |
| Maltin Wealth Management, Inc. added | 63,898 | $9M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 63,021 | $9M | 0.2% | 2026-Q1 |
| Godfrey Financial Associates, Inc. trimmed | 60,781 | $8M | 0.2% | 2026-Q1 |
| CSM Advisors, LLC added | 461,800 | $56M | 1.0% | 2025-Q1 stale |
| Piedmont Capital Management, LLC new | 333,398 | $36M | 0.7% | 2025-Q1 stale |
| Engineers Gate Manager LP new | 231,014 | $28M | 0.5% | 2025-Q4 stale |
| Meiji Yasuda Life Insurance Co | 166,097 | $20M | 0.4% | 2025-Q4 stale |
| COMERICA BANK trimmed | 164,676 | $20M | 0.4% | 2025-Q4 stale |
| Angeles Investment Advisors, LLC added | 164,000 | $20M | 0.4% | 2025-Q1 stale |
| MILLENNIUM MANAGEMENT LLC added | 141,786 | $17M | 0.3% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 138,386 | $16M | 0.3% | 2025-Q2 stale |
| Graypoint LLC added | 98,876 | $12M | 0.2% | 2025-Q2 stale |
| Orion Portfolio Solutions, LLC trimmed | 92,885 | $11M | 0.2% | 2025-Q1 stale |
| FAS Wealth Partners, Inc. added | 90,109 | $11M | 0.2% | 2025-Q4 stale |
| Glenmede Investment Management, LP added | 89,055 | $11M | 0.2% | 2025-Q3 stale |
| SteelPeak Wealth, LLC added | 86,786 | $11M | 0.2% | 2025-Q4 stale |
| Global Retirement Partners, LLC added | 67,061 | $8M | 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.