Who owns HERZ
Which tracked institutional funds hold HERZ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HERZ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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 HERZ is one-sided between 2026-Q1 and 2026-Q2: 2 added or opened and 0 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
HERZ’s largest tracked holder by dollar value, Thomas J. Herzfeld Advisors, Inc., sizes it at 4.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HERZ 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 13 tracked filers holding HERZ, 8 increased or opened the position and 3 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 HERZ 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.
Largest adds
- Thomas J. Herzfeld Advisors, Inc.$2M
- ENVESTNET ASSET MANAGEMENT INC$734K
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 |
|---|---|---|---|---|
| Thomas J. Herzfeld Advisors, Inc. added | 817,534 | $14M | 65.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 268,909 | $5M | 21.6% | 2026-Q2 |
| CHOREO, LLC added | 46,992 | $808K | 3.8% | 2026-Q2 |
| CSS LLC/IL trimmed | 37,977 | $653K | 3.0% | 2026-Q2 |
| Private Advisor Group, LLC new | 20,550 | $353K | 1.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 4,777 | $82K | 0.4% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC trimmed | 3,842 | $66K | 0.3% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC trimmed | 2,997 | $52K | 0.2% | 2026-Q2 |
| MORGAN STANLEY | 2,614 | $45K | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 1,112 | $19K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 534 | $9K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 61 | $1K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC | 27 | $464 | 0.0% | 2026-Q2 |
| Hunting Hill Global Capital, LLC trimmed | 40,401 | $90K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Corient Private Wealth LLC added | 27,619 | $61K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Cetera Investment Advisers new | 24,598 | $55K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Kestra Advisory Services, LLC | 10,563 | $23K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| WELLS FARGO & COMPANY/MN | 1 | $2 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC added | 21,605 | $51K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Virtu Financial LLC added | 19,360 | $46K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 18,869 | $45K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Bulldog Investors, LLP trimmed | 17,573 | $42K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| CITADEL ADVISORS LLC trimmed | 14,847 | $35K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| UBS Group AG added | 2,325 | $6K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 63,373 | $160K | 0.7% | 2025-Q2 stale (4 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. added | 26,519 | $67K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| BANK OF AMERICA CORP /DE/ new | 186 | $470 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.