Who owns HFSI
Which tracked institutional funds hold HFSI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HFSI company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 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 HFSI is one-sided between 2026-Q1 and 2026-Q2: 40 added or opened and 6 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
HFSI’s largest tracked holder by dollar value, New England Capital Financial Advisors LLC, sizes it at 23.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 23.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HFSI 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 79 tracked filers holding HFSI, 65 increased or opened the position and 18 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 HFSI 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
- Focus Partners Wealth$9M
- GREAT VALLEY ADVISOR GROUP, INC.$8M
- LPL Financial LLC$7M
- Private Advisor Group, LLC$6M
- Diversify Advisory Services, LLC$4M
- DIVERSIFY WEALTH MANAGEMENT, LLC$4M
Full exits 3
- Cambridge Investment Research Advisors, Inc.$3M
- Gateway Wealth Partners, LLC$866K
- NATIXIS ADVISORS, LLC$789K
Largest adds
- BANK OF AMERICA CORP /DE/$32M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$18M
- RAYMOND JAMES FINANCIAL INC$14M
- OSAIC HOLDINGS, INC.$9M
- New England Capital Financial Advisors LLC$8M
- JONES FINANCIAL COMPANIES LLLP$6M
Largest trims
- Summit Financial, LLC$4M
- WNY Asset Management, LLC$2M
- CORE WEALTH ADVISORS, 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 |
|---|---|---|---|---|
| New England Capital Financial Advisors LLC added | 2,742,268 | $96M | 12.8% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 2,599,232 | $91M | 12.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,107,234 | $74M | 9.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,583,072 | $56M | 7.4% | 2026-Q2 |
| Hartford Funds Management Co LLC added | 1,559,242 | $55M | 7.3% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 968,502 | $34M | 4.5% | 2026-Q2 |
| Retirement Management Systems Inc. added | 832,783 | $29M | 3.9% | 2026-Q2 |
| Modern Wealth Management, LLC added | 773,637 | $27M | 3.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 720,743 | $25M | 3.4% | 2026-Q2 |
| Bleakley Financial Group, LLC added | 643,146 | $23M | 3.0% | 2026-Q2 |
| Wealthspire Retirement, LLC trimmed | 600,921 | $21M | 2.8% | 2026-Q2 |
| Centric Wealth Management | 411,612 | $14M | 1.9% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 389,715 | $14M | 1.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 372,711 | $13M | 1.7% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 313,490 | $11M | 1.5% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 308,104 | $11M | 1.4% | 2026-Q2 |
| Live Oak Investment Partners added | 266,848 | $9M | 1.2% | 2026-Q2 |
| Focus Partners Wealth new | 255,309 | $9M | 1.2% | 2026-Q2 |
| Mutual Advisors, LLC added | 244,505 | $9M | 1.1% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. new | 233,559 | $8M | 1.1% | 2026-Q2 |
| CITIZENS FINANCIAL GROUP INC/RI added | 225,038 | $8M | 1.1% | 2026-Q2 |
| LPL Financial LLC new | 210,893 | $7M | 1.0% | 2026-Q2 |
| MGO ONE SEVEN LLC trimmed | 202,154 | $7M | 0.9% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 194,597 | $7M | 0.9% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 178,985 | $6M | 0.8% | 2026-Q2 |
| Retirement Planning Group, LLC added | 175,023 | $6M | 0.8% | 2026-Q2 |
| Sonoma Allocations LLC added | 171,553 | $6M | 0.8% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 167,236 | $6M | 0.8% | 2026-Q2 |
| Private Advisor Group, LLC new | 162,423 | $6M | 0.8% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 144,428 | $5M | 0.7% | 2026-Q2 |
| WNY Asset Management, LLC trimmed | 108,824 | $4M | 0.5% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 103,237 | $4M | 0.5% | 2026-Q2 |
| Diversify Advisory Services, LLC new | 103,237 | $4M | 0.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 90,702 | $3M | 0.4% | 2026-Q2 |
| Strategic Blueprint, LLC added | 84,593 | $3M | 0.4% | 2026-Q2 |
| CARY STREET PARTNERS FINANCIAL LLC added | 76,730 | $3M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 65,622 | $2M | 0.3% | 2026-Q2 |
| Beacon Pointe Advisors, LLC new | 65,375 | $2M | 0.3% | 2026-Q2 |
| Kovack Advisors, Inc. added | 51,047 | $2M | 0.2% | 2026-Q2 |
| &PARTNERS added | 43,039 | $2M | 0.2% | 2026-Q2 |
| Destiny Capital Corp/CO added | 37,985 | $1M | 0.2% | 2026-Q2 |
| LIBERTY ONE INVESTMENT MANAGEMENT, LLC added | 37,306 | $1M | 0.2% | 2026-Q2 |
| EP Wealth Advisors, LLC new | 36,063 | $1M | 0.2% | 2026-Q2 |
| Cetera Investment Advisers added | 33,986 | $1M | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 31,643 | $1M | 0.1% | 2026-Q2 |
| Hobart Private Capital, LLC trimmed | 25,876 | $910K | 0.1% | 2026-Q2 |
| Mariner, LLC added | 22,417 | $788K | 0.1% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 22,095 | $777K | 0.1% | 2026-Q2 |
| Arkadios Wealth Advisors trimmed | 20,353 | $716K | 0.1% | 2026-Q2 |
| UPTICK PARTNERS, LLC added | 18,459 | $649K | 0.1% | 2026-Q2 |
| CORE WEALTH ADVISORS, LLC trimmed | 17,991 | $633K | 0.1% | 2026-Q2 |
| SURIENCE PRIVATE WEALTH LLC added | 17,968 | $632K | 0.1% | 2026-Q2 |
| Evergreen Wealth Partners LLC new | 17,393 | $612K | 0.1% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC new | 16,835 | $592K | 0.1% | 2026-Q2 |
| Marks Group Wealth Management, Inc trimmed | 16,263 | $572K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 15,826 | $556K | 0.1% | 2026-Q2 |
| Capital Investment Advisory Services, LLC added | 15,753 | $554K | 0.1% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 13,906 | $489K | 0.1% | 2026-Q2 |
| CWC Advisors, LLC. new | 11,408 | $401K | 0.1% | 2026-Q2 |
| Vise Technologies, Inc. new | 10,920 | $384K | 0.1% | 2026-Q2 |
| Meridian Financial Advisors, LLC trimmed | 9,466 | $333K | 0.0% | 2026-Q2 |
| Bright Futures Wealth Management, LLC. added | 9,374 | $330K | 0.0% | 2026-Q2 |
| StoneX Group Inc. new | 8,919 | $314K | 0.0% | 2026-Q2 |
| Cypress Wealth Services, LLC added | 8,785 | $309K | 0.0% | 2026-Q2 |
| Coquina Private Wealth LLC added | 8,353 | $294K | 0.0% | 2026-Q2 |
| COZAD ASSET MANAGEMENT INC new | 7,962 | $280K | 0.0% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC | 6,983 | $246K | 0.0% | 2026-Q2 |
| Stonebridge Financial Group, LLC / MO added | 6,952 | $244K | 0.0% | 2026-Q2 |
| Summit Financial, LLC trimmed | 6,788 | $240K | 0.0% | 2026-Q2 |
| ALEXANDER LABRUNERIE & CO., INC. | 6,574 | $231K | 0.0% | 2026-Q2 |
| BARNES PETTEY FINANCIAL ADVISORS, LLC new | 5,726 | $201K | 0.0% | 2026-Q2 |
| Wealth Enhancement Trust Services, Inc. trimmed | 4,558 | $162K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc added | 2,793 | $98K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. | 2,102 | $74K | 0.0% | 2026-Q2 |
| Continuum Advisory, LLC new | 876 | $31K | 0.0% | 2026-Q2 |
| Bogart Wealth, LLC added | 724 | $25K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 536 | $19K | 0.0% | 2026-Q2 |
| MORGAN STANLEY added | 168 | $6K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. new | 81 | $3K | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. trimmed | 78,743 | $3M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Gateway Wealth Partners, LLC added | 24,950 | $866K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| NATIXIS ADVISORS, LLC new | 22,737 | $789K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| GOLDMAN SACHS GROUP INC trimmed | 6,502 | $226K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Capital Analysts, LLC added | 5,206 | $181K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Ascentis Independent Advisors new | 1,008 | $35K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Farther Finance Advisors, LLC added | 315 | $11K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| D.A. DAVIDSON & CO. new | 7,540 | $268K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Kestra Advisory Services, LLC new | 1,104 | $39K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Allworth Financial LP new | 200 | $7K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 145,400 | $5M | 0.7% | 2025-Q3 stale (3 quarters behind) |
| CITADEL ADVISORS LLC trimmed | 20,555 | $731K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Breakwater Capital Group new | 6,232 | $222K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| FSA Wealth Management LLC new | 200 | $7K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| JANE STREET GROUP, LLC added | 49,826 | $2M | 0.2% | 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.