Who owns KBWD
Which tracked institutional funds hold KBWD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See KBWD company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 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
6 tracked funds added or opened KBWD while 6 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
KBWD’s largest tracked holder by dollar value, WELLS FARGO & COMPANY/MN, 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 KBWD 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 58 tracked filers holding KBWD, 35 increased or opened the position and 34 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 KBWD 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 1
- Jefferies Financial Group Inc.$563K
Full exits 1
- Cambridge Investment Research Advisors, Inc.$2M
Largest adds
- BNP PARIBAS FINANCIAL MARKETS$4M
- WELLS FARGO & COMPANY/MN$2M
- LPL Financial LLC$1M
- BANK OF AMERICA CORP /DE/$918K
- RAYMOND JAMES FINANCIAL INC$313K
Largest trims
- MORGAN STANLEY$1M
- UBS Group AG$852K
- Mission Hills Financial Advisory, LLC$497K
- Equitable Holdings, Inc.$422K
- KINGSWOOD WEALTH ADVISORS, LLC$327K
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 |
|---|---|---|---|---|
| WELLS FARGO & COMPANY/MN added | 1,498,521 | $19M | 18.1% | 2026-Q2 |
| LPL Financial LLC added | 908,907 | $11M | 11.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 857,981 | $11M | 10.4% | 2026-Q2 |
| Mission Hills Financial Advisory, LLC trimmed | 823,136 | $10M | 9.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 807,309 | $10M | 9.8% | 2026-Q2 |
| Gradient Investments LLC added | 642,248 | $8M | 7.8% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 338,644 | $4M | 4.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 214,547 | $3M | 2.6% | 2026-Q2 |
| Thrive Capital Management, LLC added | 128,509 | $2M | 1.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 121,856 | $2M | 1.5% | 2026-Q2 |
| KINGSWOOD WEALTH ADVISORS, LLC trimmed | 80,474 | $999K | 1.0% | 2026-Q2 |
| Cetera Investment Advisers added | 71,412 | $887K | 0.9% | 2026-Q2 |
| Harvest Investment Services, LLC added | 69,181 | $859K | 0.8% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 68,850 | $855K | 0.8% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 62,448 | $776K | 0.8% | 2026-Q2 |
| Endowment Wealth Management, Inc. trimmed | 52,469 | $652K | 0.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 51,402 | $638K | 0.6% | 2026-Q2 |
| WINNACLE WEALTH LLC added | 51,309 | $637K | 0.6% | 2026-Q2 |
| Kovack Advisors, Inc. trimmed | 48,112 | $600K | 0.6% | 2026-Q2 |
| Jefferies Financial Group Inc. new | 45,344 | $563K | 0.5% | 2026-Q2 |
| IFP Advisors, Inc added | 41,700 | $518K | 0.5% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 38,521 | $478K | 0.5% | 2026-Q2 |
| CreativeOne Wealth, LLC added | 35,642 | $443K | 0.4% | 2026-Q2 |
| Regal Investment Advisors LLC added | 31,912 | $396K | 0.4% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 30,642 | $381K | 0.4% | 2026-Q2 |
| Simplicity Wealth,LLC new | 27,762 | $345K | 0.3% | 2026-Q2 |
| B. Riley Wealth Advisors, Inc. added | 26,918 | $333K | 0.3% | 2026-Q2 |
| UBS Group AG trimmed | 26,656 | $331K | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 19,308 | $240K | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC added | 17,484 | $217K | 0.2% | 2026-Q2 |
| Brookstone Capital Management trimmed | 17,410 | $216K | 0.2% | 2026-Q2 |
| Cullen/Frost Bankers, Inc. trimmed | 17,185 | $213K | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 16,157 | $201K | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 14,045 | $174K | 0.2% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 13,894 | $173K | 0.2% | 2026-Q2 |
| Oakmont Advisory Group, LLC added | 13,487 | $168K | 0.2% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 12,240 | $152K | 0.1% | 2026-Q2 |
| Koshinski Asset Management, Inc. trimmed | 11,659 | $145K | 0.1% | 2026-Q2 |
| CHOREO, LLC trimmed | 10,134 | $126K | 0.1% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC | 9,339 | $116K | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 9,011 | $112K | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 8,698 | $108K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 8,351 | $103K | 0.1% | 2026-Q2 |
| Founders Financial Alliance, LLC | 5,973 | $74K | 0.1% | 2026-Q2 |
| SIMPLEX TRADING, LLC added | 5,182 | $64K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 2,500 | $31K | 0.0% | 2026-Q2 |
| ALBION FINANCIAL GROUP /UT new | 2,328 | $29K | 0.0% | 2026-Q2 |
| IMG Wealth Management, Inc. trimmed | 1,249 | $16K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,156 | $14K | 0.0% | 2026-Q2 |
| SIGNATUREFD, LLC new | 1,000 | $12K | 0.0% | 2026-Q2 |
| Triumph Capital Management trimmed | 924 | $11K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC added | 828 | $10K | 0.0% | 2026-Q2 |
| FMR LLC trimmed | 733 | $9K | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 590 | $7K | 0.0% | 2026-Q2 |
| HIGHLINE WEALTH PARTNERS LLC trimmed | 221 | $3K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. | 138 | $2K | 0.0% | 2026-Q2 |
| Key Capital Management, INC new | 100 | $1K | 0.0% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. | 23 | $286 | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. trimmed | 126,365 | $2M | 1.5% | 2026-Q1 stale (1 quarter behind) |
| Waterloo Capital, L.P. | 27,719 | $348K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC added | 22,562 | $283K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC added | 16,221 | $203K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Janney Montgomery Scott LLC added | 14,102 | $177K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| TWO SIGMA SECURITIES, LLC new | 12,596 | $158K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC trimmed | 10,631 | $133K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| MPWM ADVISORY SOLUTIONS, LLC | 5,600 | $70K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| WFA of San Diego, LLC | 2,200 | $28K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Rossby Financial, LCC | 1,631 | $20K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC | 1,583 | $20K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITIGROUP INC trimmed | 801 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| AE Wealth Management LLC | 650 | $8K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| STANCE CAPITAL LLC added | 536 | $7K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Western Wealth Management, LLC new | 533 | $7K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Sound Income Strategies, LLC | 100 | $1K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| TWO SIGMA INVESTMENTS, LP added | 237,100 | $3M | 3.2% | 2025-Q4 stale (2 quarters behind) |
| Quadrature Capital Ltd new | 41,453 | $566K | 0.6% | 2025-Q4 stale (2 quarters behind) |
| Advyzon Investment Management, LLC added | 12,083 | $165K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 11,651 | $159K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| COMERICA BANK trimmed | 8,313 | $114K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Kestra Advisory Services, LLC new | 3,830 | $52K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Blue Trust, Inc. trimmed | 80 | $1K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| MGB Wealth Management, LLC | 75 | $1K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| ADELL HARRIMAN & CARPENTER INC trimmed | 10,900 | $147K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| MGO ONE SEVEN LLC | 10,716 | $145K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Ameritas Advisory Services, LLC trimmed | 2,761 | $37K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Optiver Holding B.V. new | 1,849 | $25K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| TSFG, LLC | 1,200 | $16K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Allworth Financial LP new | 1,144 | $15K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| PRIVATE TRUST CO NA | 651 | $9K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| PRINCIPAL SECURITIES, INC. | 87 | $1K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| U.S. Capital Wealth Advisors, LLC trimmed | 83,895 | $1M | 1.1% | 2025-Q2 stale (4 quarters behind) |
| Atria Wealth Solutions, Inc. added | 54,812 | $760K | 0.7% | 2025-Q2 stale (4 quarters behind) |
| Good Life Advisors, LLC added | 29,442 | $408K | 0.4% | 2025-Q2 stale (4 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. added | 14,456 | $201K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| &PARTNERS added | 10,121 | $140K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| CoreCap Advisors, LLC | 4,500 | $62K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| OLIVER LAGORE VANVALIN INVESTMENT GROUP | 2,400 | $35K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Capital Investment Advisory Services, LLC new | 1,812 | $25K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| BlackRock, Inc. | 1,325 | $18K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Smartleaf Asset Management LLC new | 800 | $11K | 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.