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Institutional Ownership · SEC Form 13F

Who owns HECA (HECA)


Which tracked institutional funds hold HECA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HECA 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.

55
Institutional holders
6,958,129
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on HECA is one-sided between 2025-Q4 and 2026-Q1: 28 added or opened and 1 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

HECA’s largest tracked holder by dollar value, Cambridge Investment Research Advisors, Inc., sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in HECA 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 55 tracked filers holding HECA, 50 increased or opened the position and 4 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 HECA 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 15

  • Cambridge Investment Research Advisors, Inc.$43M
  • WNY Asset Management, LLC$21M
  • TRUIST FINANCIAL CORP$18M
  • FWG Holdings, LLC$3M
  • STIFEL FINANCIAL CORP$3M
  • Fortis Group Advisors, LLC$2M

Full exits 1

  • JANE STREET GROUP, LLC$554K

Largest adds

  • WMG Financial Advisors, LLC$8M
  • ENVESTNET ASSET MANAGEMENT INC$7M
  • HighTower Advisors, LLC$6M
  • Spectrum Asset Management, Inc. (NB/CA)$5M
  • COMMONWEALTH EQUITY SERVICES, LLC$4M
  • Reyes Financial Architecture, Inc.$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).

FundSharesReported value% of valueQuarter
Cambridge Investment Research Advisors, Inc. new1,477,836$43M22.3%2026-Q1
WNY Asset Management, LLC new710,802$21M10.7%2026-Q1
TRUIST FINANCIAL CORP new639,427$18M9.6%2026-Q1
HighTower Advisors, LLC added528,873$15M8.0%2026-Q1
WMG Financial Advisors, LLC added392,213$11M5.9%2026-Q1
Spectrum Asset Management, Inc. (NB/CA) added346,494$10M5.2%2026-Q1
Private Advisor Group, LLC added270,695$8M4.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added252,357$7M3.8%2026-Q1
Reyes Financial Architecture, Inc. added244,463$7M3.7%2026-Q1
CIBC WORLD MARKET INC. added186,131$5M2.8%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added158,557$5M2.4%2026-Q1
OneDigital Investment Advisors LLC added138,090$4M2.1%2026-Q1
FWG Holdings, LLC new116,178$3M1.7%2026-Q1
Insight Advisors, LLC/ PA added110,976$3M1.7%2026-Q1
WESPAC Advisors, LLC added98,477$3M1.5%2026-Q1
STIFEL FINANCIAL CORP new97,362$3M1.5%2026-Q1
Fortis Group Advisors, LLC new81,439$2M1.2%2026-Q1
Mowery & Schoenfeld Wealth Management, LLC added68,085$2M1.0%2026-Q1
BANK OF AMERICA CORP /DE/ new65,000$2M1.0%2026-Q1
Ferguson Shapiro LLC new62,500$2M0.9%2026-Q1
Compass Ion Advisors, LLC added60,369$2M0.9%2026-Q1
Stegent Equity Advisors, Inc. added54,468$2M0.8%2026-Q1
RFG Advisory, LLC new43,584$1M0.7%2026-Q1
Game Plan Financial Advisors, LLC added40,114$1M0.6%2026-Q1
BANK OF MONTREAL /CAN/ new35,331$1M0.5%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed29,824$854K0.4%2026-Q1
&PARTNERS new26,385$762K0.4%2026-Q1
CITADEL ADVISORS LLC new25,082$724K0.4%2026-Q1
Worth Asset Management, LLC trimmed23,592$681K0.4%2026-Q1
London & Capital Asset Management Ltd new22,597$654K0.3%2026-Q1
Wealthcare Advisory Partners LLC new18,561$536K0.3%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC added16,315$471K0.2%2026-Q1
HRT FINANCIAL LP new13,650$394K0.2%2026-Q1
NewEdge Advisors, LLC added382,054$382K0.2%2026-Q1
Brookwood Investment Group LLC new12,124$350K0.2%2026-Q1
Ergawealth Advisors, Inc. new11,459$331K0.2%2026-Q1
PHILADELPHIA TRUST CO new11,092$320K0.2%2026-Q1
South Shore Capital Advisors new9,500$274K0.1%2026-Q1
ZACKS INVESTMENT MANAGEMENT new9,463$273K0.1%2026-Q1
Stratos Wealth Advisors, LLC added8,969$259K0.1%2026-Q1
Fiscal Wisdom Wealth Management, LLC new8,785$254K0.1%2026-Q1
MML INVESTORS SERVICES, LLC trimmed8,610$249K0.1%2026-Q1
Sigma Planning Corp new7,740$223K0.1%2026-Q1
Farther Finance Advisors, LLC new7,622$218K0.1%2026-Q1
DAVENPORT & Co LLC new7,200$208K0.1%2026-Q1
Advisory Services Network, LLC new7,200$208K0.1%2026-Q1
BASSO CAPITAL MANAGEMENT, L.P. new4,900$141K0.1%2026-Q1
Steward Partners Investment Advisory, LLC new2,000$58K0.0%2026-Q1
OSAIC HOLDINGS, INC.1,040$30K0.0%2026-Q1
ROYAL BANK OF CANADA added1,000$29K0.0%2026-Q1
UBS Group AG new568$16K0.0%2026-Q1
Destiny Wealth Partners, LLC new350$10K0.0%2026-Q1
Larson Financial Group LLC new332$10K0.0%2026-Q1
Realta Investment Advisors new250$7K0.0%2026-Q1
Copia Wealth Management44$1K0.0%2026-Q1
GTS SECURITIES LLC new29,830$815K0.4%2025-Q3 stale
JANE STREET GROUP, LLC new20,036$554K0.3%2025-Q4 stale
Kathleen S. Wright Associates Inc. new1,396$38K0.0%2025-Q3 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.

HoldersTotal shares

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.

Learn how to read institutional ownership