Who owns HEQT (HEQT)
Which tracked institutional funds hold HEQT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HEQT 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
16 tracked funds added or opened HEQT while 18 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
HEQT’s largest tracked holder by dollar value, CWM, LLC, sizes it at 0.1% 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 HEQT 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 88 tracked filers holding HEQT, 46 increased or opened the position and 38 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 HEQT 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 4
- Orion Porfolio Solutions, LLC$9M
- TSG Advice Partners, LLC$6M
- Baer Investment Advisory LLC$3M
- JANE STREET GROUP, LLC$580K
Full exits 4
- Keudell/Morrison Wealth Management$17M
- Mariner, LLC$1M
- PFG Advisors$714K
- Hilltop Holdings Inc.$506K
Largest adds
- Kovack Advisors, Inc.$7M
- Rockefeller Capital Management L.P.$5M
- LPL Financial LLC$3M
- Encompass More Asset Management$2M
- OneDigital Investment Advisors LLC$862K
- ARQ WEALTH ADVISORS, LLC$776K
Largest trims
- Private Advisor Group, LLC$19M
- WealthPlan Investment Management, LLC$6M
- STEPHENS INC /AR/$5M
- WealthPLAN Partners, LLC$3M
- Ameritas Advisory Services, LLC$1M
- ATX Financial Planning, 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 |
|---|---|---|---|---|
| CWM, LLC added | 629,588 | $20M | 7.6% | 2026-Q1 |
| LPL Financial LLC added | 562,601 | $18M | 6.8% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 537,227 | $17M | 6.5% | 2026-Q1 |
| WealthPlan Investment Management, LLC trimmed | 371,916 | $12M | 4.5% | 2026-Q1 |
| Leo Wealth, LLC added | 333,880 | $11M | 4.0% | 2026-Q1 |
| ARQ WEALTH ADVISORS, LLC added | 302,463 | $10M | 3.6% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 289,699 | $9M | 3.5% | 2026-Q1 |
| Kovack Advisors, Inc. added | 231,418 | $7M | 2.8% | 2026-Q1 |
| WealthPLAN Partners, LLC trimmed | 227,169 | $7M | 2.7% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 223,592 | $7M | 2.7% | 2026-Q1 |
| Independent Wealth Advisors LLC added | 185,810 | $6M | 2.2% | 2026-Q1 |
| TSG Advice Partners, LLC new | 185,666 | $6M | 2.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 180,101 | $6M | 2.2% | 2026-Q1 |
| Meridian Wealth Management, LLC added | 154,632 | $5M | 1.9% | 2026-Q1 |
| Financial Enhancement Group LLC added | 136,560 | $4M | 1.7% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 140,547 | $4M | 1.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 135,065 | $4M | 1.6% | 2026-Q1 |
| Peterson Wealth Advisors, LLC trimmed | 117,132 | $4M | 1.4% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 112,983 | $4M | 1.4% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 109,841 | $3M | 1.3% | 2026-Q1 |
| HARMONY ASSET MANAGEMENT LLC added | 108,920 | $3M | 1.3% | 2026-Q1 |
| VICTORY FINANCIAL GROUP, LLC trimmed | 107,551 | $3M | 1.3% | 2026-Q1 |
| Baer Investment Advisory LLC new | 107,551 | $3M | 1.3% | 2026-Q1 |
| Sowell Financial Services LLC added | 106,350 | $3M | 1.3% | 2026-Q1 |
| Sound Financial Strategies Group, LLC | 100,735 | $3M | 1.2% | 2026-Q1 |
| UBS Group AG trimmed | 100,697 | $3M | 1.2% | 2026-Q1 |
| SMITH, MOORE & CO. trimmed | 99,739 | $3M | 1.2% | 2026-Q1 |
| Dynamic Advisor Solutions LLC trimmed | 92,535 | $3M | 1.1% | 2026-Q1 |
| Ameritas Advisory Services, LLC trimmed | 90,549 | $3M | 1.1% | 2026-Q1 |
| Encompass More Asset Management added | 90,511 | $3M | 1.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 89,952 | $3M | 1.1% | 2026-Q1 |
| EVOLUTION WEALTH MANAGEMENT INC. added | 74,730 | $2M | 0.9% | 2026-Q1 |
| Parallel Advisors, LLC trimmed | 64,518 | $2M | 0.8% | 2026-Q1 |
| Stratos Wealth Advisors, LLC added | 64,512 | $2M | 0.8% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 47,977 | $2M | 0.6% | 2026-Q1 |
| Equitable Holdings, Inc. trimmed | 45,110 | $1M | 0.6% | 2026-Q1 |
| Smartleaf Asset Management LLC added | 45,690 | $1M | 0.5% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 43,820 | $1M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 39,969 | $1M | 0.5% | 2026-Q1 |
| STEPHENS INC /AR/ trimmed | 37,310 | $1M | 0.4% | 2026-Q1 |
| Cambridge Advisors Inc. | 32,539 | $1M | 0.4% | 2026-Q1 |
| BFI Wealth Solutions, LLC trimmed | 31,023 | $974K | 0.4% | 2026-Q1 |
| Bay Rivers Group added | 27,490 | $866K | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 25,154 | $792K | 0.3% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 22,401 | $706K | 0.3% | 2026-Q1 |
| BLUE JEAN FINANCIAL LLC added | 19,112 | $602K | 0.2% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 19,070 | $601K | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 18,423 | $580K | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 14,253 | $449K | 0.2% | 2026-Q1 |
| MIDDLETON & CO INC/MA | 13,025 | $410K | 0.2% | 2026-Q1 |
| Western Wealth Management, LLC trimmed | 12,599 | $397K | 0.2% | 2026-Q1 |
| Heck Capital Advisors, LLC new | 12,300 | $387K | 0.1% | 2026-Q1 |
| First Heartland Consultants, Inc. new | 11,910 | $375K | 0.1% | 2026-Q1 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 11,301 | $371K | 0.1% | 2026-Q1 |
| Atria Investments, Inc new | 11,259 | $355K | 0.1% | 2026-Q1 |
| Brookwood Investment Group LLC added | 11,041 | $348K | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 10,850 | $342K | 0.1% | 2026-Q1 |
| ATX Financial Planning, LLC trimmed | 10,690 | $337K | 0.1% | 2026-Q1 |
| Proficio Capital Partners LLC | 10,470 | $330K | 0.1% | 2026-Q1 |
| Advyzon Investment Management, LLC added | 10,169 | $320K | 0.1% | 2026-Q1 |
| Indivisible Partners new | 9,727 | $306K | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 9,317 | $293K | 0.1% | 2026-Q1 |
| Independence Wealth Advisors, LLC | 9,257 | $292K | 0.1% | 2026-Q1 |
| Betterment LLC trimmed | 9,207 | $290K | 0.1% | 2026-Q1 |
| AE Wealth Management LLC added | 8,230 | $259K | 0.1% | 2026-Q1 |
| MORGAN STANLEY | 8,154 | $257K | 0.1% | 2026-Q1 |
| Plan Group Financial, LLC added | 7,852 | $247K | 0.1% | 2026-Q1 |
| Chatterton & Associates Inc. | 6,915 | $221K | 0.1% | 2026-Q1 |
| Golden State Wealth Management, LLC trimmed | 4,243 | $134K | 0.1% | 2026-Q1 |
| NBC SECURITIES, INC. trimmed | 3,734 | $118K | 0.0% | 2026-Q1 |
| CGC Financial Services, LLC | 3,115 | $98K | 0.0% | 2026-Q1 |
| Reyes Financial Architecture, Inc. added | 2,863 | $90K | 0.0% | 2026-Q1 |
| Longview Financial Advisors LLC | 2,421 | $76K | 0.0% | 2026-Q1 |
| Sunrise Financial Services, LLC trimmed | 1,745 | $55K | 0.0% | 2026-Q1 |
| Keudell/Morrison Wealth Management added | 517,138 | $17M | 6.3% | 2025-Q4 stale |
| Belpointe Asset Management LLC new | 139,806 | $4M | 1.6% | 2025-Q2 stale |
| 3EDGE Asset Management, LP added | 87,080 | $3M | 1.0% | 2025-Q2 stale |
| Wise Wealth Partners new | 75,376 | $2M | 0.8% | 2025-Q1 stale |
| L.M. KOHN & COMPANY new | 49,195 | $1M | 0.6% | 2025-Q2 stale |
| Mariner, LLC added | 36,643 | $1M | 0.4% | 2025-Q4 stale |
| SFG Wealth Management, LLC. new | 36,936 | $1M | 0.4% | 2025-Q1 stale |
| Skyline Advisors, Inc. new | 30,861 | $927K | 0.4% | 2025-Q2 stale |
| Ausdal Financial Partners, Inc. | 24,015 | $750K | 0.3% | 2025-Q3 stale |
| PFG Advisors trimmed | 22,278 | $714K | 0.3% | 2025-Q4 stale |
| Lionsbridge Wealth Management LLC trimmed | 23,019 | $692K | 0.3% | 2025-Q2 stale |
| GTS SECURITIES LLC added | 18,629 | $582K | 0.2% | 2025-Q3 stale |
| Hilltop Holdings Inc. added | 15,781 | $506K | 0.2% | 2025-Q4 stale |
| BANK OF AMERICA CORP /DE/ new | 16,493 | $496K | 0.2% | 2025-Q2 stale |
| PFG Investments, LLC new | 14,818 | $445K | 0.2% | 2025-Q2 stale |
| Diversify Advisory Services, LLC trimmed | 10,784 | $349K | 0.1% | 2025-Q4 stale |
| CITADEL ADVISORS LLC added | 10,942 | $342K | 0.1% | 2025-Q3 stale |
| Stratos Investment Management, LLC trimmed | 8,221 | $264K | 0.1% | 2025-Q4 stale |
| WOLVERINE TRADING, LLC trimmed | 8,415 | $252K | 0.1% | 2025-Q2 stale |
| DAVENPORT & Co LLC new | 8,021 | $251K | 0.1% | 2025-Q3 stale |
| Ashton Thomas Private Wealth, LLC new | 8,629 | $247K | 0.1% | 2025-Q1 stale |
| Atria Wealth Solutions, Inc. trimmed | 8,010 | $241K | 0.1% | 2025-Q2 stale |
| Northwest Capital Management Inc added | 3,747 | $113K | 0.0% | 2025-Q2 stale |
| Advisors Preferred, LLC trimmed | 3,486 | $112K | 0.0% | 2025-Q4 stale |
| Kestra Advisory Services, LLC new | 1,547 | $50K | 0.0% | 2025-Q4 stale |
| PRINCIPAL SECURITIES, INC. added | 1,545 | $48K | 0.0% | 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.
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.