Who owns HEFA
Which tracked institutional funds hold HEFA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HEFA 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
126 tracked funds added or opened HEFA while 44 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
HEFA’s largest tracked holder by dollar value, GOLDMAN SACHS GROUP INC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.2% 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 HEFA 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 433 tracked filers holding HEFA, 169 increased or opened the position and 219 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 HEFA 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 10
- Odyssey Group, LLC$18M
- Global Retirement Partners, LLC$10M
- Carolina Wealth Management Inc$6M
- AXXCESS WEALTH MANAGEMENT, LLC$5M
- JANE STREET GROUP, LLC$2M
- NewEdge Advisors, LLC$2M
Full exits 22
- FLOW TRADERS U.S. LLC$42M
- Cambridge Investment Research Advisors, Inc.$27M
- CX Institutional$12M
- PERSPECTIVE WEALTH ADVISORS LLC$11M
- Independent Advisor Alliance$10M
- Vermillion & White Wealth Management Group, LLC$6M
Largest adds
- GOLDMAN SACHS GROUP INC$232M
- Private Advisor Group, LLC$43M
- JPMORGAN CHASE & CO$26M
- Dynasty Wealth Management, LLC$20M
- BANK OF AMERICA CORP /DE/$19M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$19M
Largest trims
- COLDSTREAM CAPITAL MANAGEMENT INC$38M
- Mariner, LLC$28M
- MML INVESTORS SERVICES, LLC$23M
- ELEVATION POINT WEALTH PARTNERS, LLC$18M
- Vestmark Advisory Solutions, Inc.$18M
- Prasad Wealth Partners, LLC$16M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC added | 48,492,631 | $2.3B | 38.3% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC trimmed | 4,561,052 | $214M | 3.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 4,406,631 | $207M | 3.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 4,310,684 | $201M | 3.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 4,090,734 | $192M | 3.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 3,584,090 | $168M | 2.8% | 2026-Q2 |
| Dynasty Wealth Management, LLC added | 3,562,756 | $167M | 2.8% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 3,528,604 | $166M | 2.8% | 2026-Q2 |
| Quotient Wealth Partners, LLC added | 3,439,589 | $161M | 2.7% | 2026-Q2 |
| LPL Financial LLC trimmed | 3,434,779 | $161M | 2.7% | 2026-Q2 |
| PARTNERS CAPITAL INVESTMENT GROUP, LLP trimmed | 3,419,467 | $160M | 2.7% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 3,126,452 | $147M | 2.5% | 2026-Q2 |
| NorthRock Partners, LLC trimmed | 2,840,162 | $133M | 2.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 2,039,824 | $96M | 1.6% | 2026-Q2 |
| NORTHERN TRUST CORP added | 2,012,676 | $94M | 1.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,938,755 | $91M | 1.5% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 1,694,704 | $80M | 1.3% | 2026-Q2 |
| Cetera Investment Advisers added | 1,532,638 | $72M | 1.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,360,026 | $64M | 1.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 1,092,847 | $51M | 0.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 986,887 | $46M | 0.8% | 2026-Q2 |
| Jordan Park Group LLC trimmed | 980,903 | $46M | 0.8% | 2026-Q2 |
| Private Advisor Group, LLC added | 965,338 | $45M | 0.8% | 2026-Q2 |
| Verde Capital Management added | 881,454 | $41M | 0.7% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 779,571 | $37M | 0.6% | 2026-Q2 |
| Blankinship & Foster, LLC trimmed | 768,531 | $36M | 0.6% | 2026-Q2 |
| SACHEM HILL LLC added | 698,847 | $33M | 0.6% | 2026-Q2 |
| Crumly & Associates Inc. added | 618,984 | $29M | 0.5% | 2026-Q2 |
| UBS Group AG added | 551,360 | $26M | 0.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 537,596 | $25M | 0.4% | 2026-Q2 |
| ACT WEALTH MANAGEMENT, LLC added | 519,062 | $24M | 0.4% | 2026-Q2 |
| BOKF, NA trimmed | 477,453 | $22M | 0.4% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 421,122 | $20M | 0.3% | 2026-Q2 |
| Tulsa Wealth Advisors, INC trimmed | 415,311 | $19M | 0.3% | 2026-Q2 |
| Odyssey Group, LLC new | 390,192 | $18M | 0.3% | 2026-Q2 |
| Paradigm, Strategies in Wealth Management, LLC trimmed | 380,965 | $18M | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 358,522 | $17M | 0.3% | 2026-Q2 |
| Csenge Advisory Group added | 358,335 | $17M | 0.3% | 2026-Q2 |
| Denver PWM, LLC added | 345,322 | $17M | 0.3% | 2026-Q2 |
| WESCAP Management Group, Inc. trimmed | 344,434 | $16M | 0.3% | 2026-Q2 |
| Lighthouse Wealth Management Inc. trimmed | 340,990 | $16M | 0.3% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 340,245 | $16M | 0.3% | 2026-Q2 |
| PCA Investment Advisory Services Inc. added | 322,766 | $15M | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 303,416 | $14M | 0.2% | 2026-Q2 |
| Vertex Planning Partners, LLC added | 301,850 | $14M | 0.2% | 2026-Q2 |
| Modern Wealth Management, LLC trimmed | 271,866 | $13M | 0.2% | 2026-Q2 |
| Cyr Financial Inc. added | 262,328 | $12M | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 253,778 | $12M | 0.2% | 2026-Q2 |
| ARQ WEALTH ADVISORS, LLC added | 247,496 | $11M | 0.2% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 241,400 | $11M | 0.2% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 234,529 | $11M | 0.2% | 2026-Q2 |
| Darrow Company, Inc. added | 231,145 | $11M | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 225,000 | $11M | 0.2% | 2026-Q2 |
| Cerity Partners LLC added | 223,912 | $11M | 0.2% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 220,668 | $10M | 0.2% | 2026-Q2 |
| Avidian Wealth Enterprises, LLC trimmed | 220,208 | $10M | 0.2% | 2026-Q2 |
| Global Retirement Partners, LLC trimmed | 215,141 | $10M | 0.2% | 2026-Q2 |
| Weaver Capital Management LLC | 212,575 | $9M | 0.2% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC trimmed | 205,135 | $10M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 204,354 | $10M | 0.2% | 2026-Q2 |
| NEPC LLC trimmed | 204,177 | $10M | 0.2% | 2026-Q2 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC trimmed | 204,097 | $10M | 0.2% | 2026-Q2 |
| RFG Advisory, LLC added | 201,974 | $9M | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 201,394 | $9M | 0.2% | 2026-Q2 |
| Crescent Grove Advisors, LLC trimmed | 198,854 | $9M | 0.2% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 193,226 | $9M | 0.2% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 190,399 | $9M | 0.2% | 2026-Q2 |
| Bigelow Investment Advisors, LLC added | 170,956 | $8M | 0.1% | 2026-Q2 |
| Burns Matteson Capital Management, LLC added | 169,002 | $8M | 0.1% | 2026-Q2 |
| Strategic Financial Concepts, LLC added | 161,657 | $8M | 0.1% | 2026-Q2 |
| Delta Wealth Advisors LLC trimmed | 161,372 | $8M | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 152,620 | $7M | 0.1% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 151,916 | $7M | 0.1% | 2026-Q2 |
| Ifrah Financial Services, Inc. trimmed | 142,838 | $7M | 0.1% | 2026-Q2 |
| ADAMSBROWN WEALTH CONSULTANTS LLC trimmed | 136,491 | $6M | 0.1% | 2026-Q2 |
| Summit Asset Management, LLC | 135,870 | $6M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 135,122 | $6M | 0.1% | 2026-Q2 |
| IVC Wealth Advisors LLC added | 133,119 | $6M | 0.1% | 2026-Q2 |
| First Interstate Bank trimmed | 130,124 | $6M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 128,430 | $6M | 0.1% | 2026-Q2 |
| Carolina Wealth Management Inc new | 127,784 | $6M | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 121,929 | $6M | 0.1% | 2026-Q2 |
| Friedenthal Financial added | 120,140 | $6M | 0.1% | 2026-Q2 |
| Geneos Wealth Management Inc. trimmed | 118,277 | $6M | 0.1% | 2026-Q2 |
| Precision Wealth Strategies, LLC added | 118,116 | $6M | 0.1% | 2026-Q2 |
| Keystone Financial Group trimmed | 117,305 | $6M | 0.1% | 2026-Q2 |
| Cornerstone Planning Group LLC added | 114,214 | $5M | 0.1% | 2026-Q2 |
| DecisionMap Wealth Management, LLC added | 114,012 | $5M | 0.1% | 2026-Q2 |
| Fiduciary Trust Co | 112,698 | $5M | 0.1% | 2026-Q2 |
| Roof Eidam Maycock Peralta, LLC trimmed | 109,825 | $5M | 0.1% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 106,214 | $5M | 0.1% | 2026-Q2 |
| CVFG LLC added | 102,846 | $5M | 0.1% | 2026-Q2 |
| Capital Asset Advisory Services LLC trimmed | 102,507 | $5M | 0.1% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 102,507 | $5M | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 102,026 | $5M | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 100,361 | $5M | 0.1% | 2026-Q2 |
| Mutual Advisors, LLC added | 97,472 | $5M | 0.1% | 2026-Q2 |
| MATTERS CAPITAL LLC | 96,271 | $5M | 0.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 94,842 | $4M | 0.1% | 2026-Q2 |
| Cypress Capital, LLC trimmed | 93,510 | $4M | 0.1% | 2026-Q2 |
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.