Who owns HEDJ
Which tracked institutional funds hold HEDJ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HEDJ company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-20). 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
16 tracked funds added or opened HEDJ while 25 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
HEDJ’s largest tracked holder by dollar value, GOLDMAN SACHS GROUP 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 conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HEDJ 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 220 tracked filers holding HEDJ, 70 increased or opened the position and 90 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 HEDJ 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 2
- HOURGLASS CAPITAL, LLC$837K
- Independent Advisor Alliance$611K
Full exits 7
- JANE STREET GROUP, LLC$9M
- CSM Advisors, LLC$4M
- J.Safra Asset Management Corp$2M
- COMERICA BANK$1M
- NORTHERN TRUST CORP$1M
- Private Advisor Group, LLC$1M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$2M
- FLOW TRADERS U.S. LLC$2M
- VALLEY WEALTH MANAGERS, INC.$2M
- Allianz Asset Management GmbH$1M
- ELEVATION POINT WEALTH PARTNERS, LLC$1M
- FIFTH THIRD BANCORP$1M
Largest trims
- New England Private Wealth Advisors LLC$22M
- GOLDMAN SACHS GROUP INC$5M
- CONDOR CAPITAL MANAGEMENT$3M
- MORGAN STANLEY$3M
- Cornerstone Planning Group LLC$2M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$2M
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 |
|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC trimmed | 2,568,618 | $134M | 17.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,352,811 | $71M | 9.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,244,286 | $65M | 8.4% | 2026-Q1 |
| UBS Group AG added | 827,237 | $43M | 5.6% | 2026-Q1 |
| LPL Financial LLC trimmed | 532,071 | $28M | 3.6% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 490,134 | $26M | 3.3% | 2026-Q1 |
| Boothe Investment Group, Inc. added | 446,382 | $23M | 3.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 442,287 | $23M | 3.0% | 2026-Q1 |
| FMR LLC trimmed | 439,202 | $23M | 2.9% | 2026-Q1 |
| Bank of New York Mellon Corp added | 430,900 | $23M | 2.9% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 405,196 | $21M | 2.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 341,614 | $18M | 2.3% | 2026-Q1 |
| PATTEN & PATTEN INC/TN added | 263,192 | $14M | 1.8% | 2026-Q1 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 233,638 | $12M | 1.6% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 225,583 | $12M | 1.5% | 2026-Q1 |
| Azimuth Capital Investment Management LLC added | 197,210 | $10M | 1.3% | 2026-Q1 |
| VALLEY WEALTH MANAGERS, INC. added | 195,544 | $10M | 1.3% | 2026-Q1 |
| Pathstone Holdings, LLC | 153,249 | $8M | 1.0% | 2026-Q1 |
| CONNING INC. | 144,030 | $8M | 1.0% | 2026-Q1 |
| CONDOR CAPITAL MANAGEMENT trimmed | 113,282 | $6M | 0.8% | 2026-Q1 |
| Sharper & Granite LLC added | 112,969 | $6M | 0.8% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 112,712 | $6M | 0.8% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 111,787 | $6M | 0.8% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 107,742 | $6M | 0.7% | 2026-Q1 |
| CATHY PARETO & ASSOCIATES, INC added | 99,565 | $5M | 0.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 94,789 | $5M | 0.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 80,987 | $4M | 0.5% | 2026-Q1 |
| FLOW TRADERS U.S. LLC added | 78,366 | $4M | 0.5% | 2026-Q1 |
| Harel Insurance Investments & Financial Services Ltd. added | 68,065 | $4M | 0.5% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 58,550 | $3M | 0.4% | 2026-Q1 |
| Curi Capital, LLC added | 58,308 | $3M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 59,065 | $3M | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 57,361 | $3M | 0.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 56,472 | $3M | 0.4% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 55,404 | $3M | 0.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 53,457 | $3M | 0.4% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 52,544 | $3M | 0.4% | 2026-Q1 |
| Allianz Asset Management GmbH added | 52,080 | $3M | 0.3% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 50,704 | $3M | 0.3% | 2026-Q1 |
| PFG Advisors added | 46,744 | $2M | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 43,945 | $2M | 0.3% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 44,254 | $2M | 0.3% | 2026-Q1 |
| Creative Planning added | 43,985 | $2M | 0.3% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 42,307 | $2M | 0.3% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC added | 35,113 | $2M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 34,473 | $2M | 0.2% | 2026-Q1 |
| Sage Capital Management, LLC trimmed | 34,396 | $2M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC | 32,540 | $2M | 0.2% | 2026-Q1 |
| LAUREL OAK WEALTH MANAGEMENT, LLC trimmed | 31,934 | $2M | 0.2% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 29,421 | $2M | 0.2% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 29,141 | $2M | 0.2% | 2026-Q1 |
| Cerity Partners LLC trimmed | 29,025 | $2M | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 26,971 | $1M | 0.2% | 2026-Q1 |
| Robertson Stephens Wealth Management, LLC | 26,797 | $1M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 26,472 | $1M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 26,399 | $1M | 0.2% | 2026-Q1 |
| PARSONS CAPITAL MANAGEMENT INC/RI added | 23,250 | $1M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 22,093 | $1M | 0.1% | 2026-Q1 |
| New England Private Wealth Advisors LLC trimmed | 21,010 | $1M | 0.1% | 2026-Q1 |
| GenTrust, LLC | 20,354 | $1M | 0.1% | 2026-Q1 |
| Eagle Strategies LLC added | 20,172 | $1M | 0.1% | 2026-Q1 |
| Hyposwiss Advisors SA | 20,715 | $1M | 0.1% | 2026-Q1 |
| M&T Bank Corp trimmed | 19,470 | $1M | 0.1% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 18,685 | $977K | 0.1% | 2026-Q1 |
| FIRST NATIONAL BANK OF OMAHA trimmed | 18,197 | $930K | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ | 17,700 | $926K | 0.1% | 2026-Q1 |
| Karnit Road Accident Victims Compensation Fund trimmed | 17,610 | $921K | 0.1% | 2026-Q1 |
| Fiduciary Trust Co | 16,794 | $878K | 0.1% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 16,016 | $838K | 0.1% | 2026-Q1 |
| HOURGLASS CAPITAL, LLC added | 16,010 | $837K | 0.1% | 2026-Q1 |
| Harbour Capital Advisors, LLC | 14,790 | $810K | 0.1% | 2026-Q1 |
| Lido Advisors, LLC | 14,944 | $782K | 0.1% | 2026-Q1 |
| Sloy Dahl & Holst, LLC | 14,900 | $779K | 0.1% | 2026-Q1 |
| Prospera Financial Services Inc added | 14,491 | $758K | 0.1% | 2026-Q1 |
| Clearwater Capital Advisors, LLC | 13,640 | $713K | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 13,611 | $712K | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 13,544 | $708K | 0.1% | 2026-Q1 |
| MMBG INVESTMENT ADVISORS CO. | 12,990 | $679K | 0.1% | 2026-Q1 |
| FULCRUM WEALTH ADVISORS, LLC added | 11,875 | $621K | 0.1% | 2026-Q1 |
| M. Kulyk & Associates, LLC trimmed | 11,815 | $618K | 0.1% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 11,687 | $611K | 0.1% | 2026-Q1 |
| RiverFront Investment Group, LLC trimmed | 11,643 | $609K | 0.1% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 659,164 | $32M | 4.1% | 2025-Q1 stale |
| JANE STREET GROUP, LLC added | 178,533 | $9M | 1.2% | 2025-Q4 stale |
| BARCLAYS PLC added | 129,920 | $6M | 0.8% | 2025-Q2 stale |
| Atria Investments, Inc added | 112,062 | $5M | 0.7% | 2025-Q2 stale |
| CSM Advisors, LLC added | 71,237 | $4M | 0.5% | 2025-Q4 stale |
| Defined Financial Planning LLC added | 77,100 | $4M | 0.5% | 2025-Q2 stale |
| Concurrent Investment Advisors, LLC trimmed | 54,065 | $3M | 0.3% | 2025-Q3 stale |
| J.Safra Asset Management Corp trimmed | 29,140 | $2M | 0.2% | 2025-Q4 stale |
| COMERICA BANK trimmed | 26,892 | $1M | 0.2% | 2025-Q4 stale |
| Impact Capital Partners LLC added | 29,147 | $1M | 0.2% | 2025-Q2 stale |
| Integrated Wealth Concepts LLC added | 23,536 | $1M | 0.1% | 2025-Q1 stale |
| NORTHERN TRUST CORP added | 20,378 | $1M | 0.1% | 2025-Q4 stale |
| Private Advisor Group, LLC trimmed | 19,206 | $1M | 0.1% | 2025-Q4 stale |
| COUNTRY CLUB BANK trimmed | 19,877 | $994K | 0.1% | 2025-Q3 stale |
| HOWARD BAILEY SECURITIES, LLC new | 18,674 | $899K | 0.1% | 2025-Q2 stale |
| FLAGSTAR ADVISORS INC trimmed | 16,221 | $781K | 0.1% | 2025-Q2 stale |
| AlTi Global, Inc. | 14,939 | $709K | 0.1% | 2025-Q1 stale |
| Insight Advisors, LLC/ PA trimmed | 11,886 | $631K | 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.