Who owns KBWP
Which tracked institutional funds hold KBWP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See KBWP 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
12 tracked funds added or opened KBWP while 10 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
KBWP’s largest tracked holder by dollar value, HighTower Advisors, LLC, sizes it at 2.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in KBWP 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 57 tracked filers holding KBWP, 25 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 KBWP 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 2
- Vanguard Capital Wealth Advisors$659K
- NewEdge Advisors, LLC$624K
Full exits 2
- Buska Wealth Management, LLC$1M
- Cambridge Investment Research Advisors, Inc.$738K
Largest adds
- Kingsview Wealth Management, LLC$4M
- REDSTONE WEALTH MANAGEMENT, LLC$4M
- MENORA MIVTACHIM HOLDINGS LTD.$792K
- MORGAN STANLEY$615K
- Mutual Advisors, LLC$513K
- MML INVESTORS SERVICES, LLC$403K
Largest trims
- TWO SIGMA INVESTMENTS, LP$3M
- Cetera Investment Advisers$3M
- LPL Financial LLC$2M
- RAYMOND JAMES FINANCIAL INC$2M
- UBS Group AG$2M
- ENVESTNET ASSET MANAGEMENT INC$459K
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 |
|---|---|---|---|---|
| LPL Financial LLC trimmed | 170,250 | $22M | 12.9% | 2026-Q2 |
| Kingsview Wealth Management, LLC added | 156,199 | $20M | 11.8% | 2026-Q2 |
| REDSTONE WEALTH MANAGEMENT, LLC added | 115,351 | $15M | 8.7% | 2026-Q2 |
| Mutual Advisors, LLC trimmed | 90,674 | $11M | 6.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 43,043 | $5M | 3.3% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 36,118 | $5M | 2.7% | 2026-Q2 |
| RM Financial Services, LLC added | 32,525 | $4M | 2.5% | 2026-Q2 |
| MORGAN STANLEY added | 24,504 | $3M | 1.9% | 2026-Q2 |
| Focus Financial Network, Inc. trimmed | 23,684 | $3M | 1.8% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 18,117 | $2M | 1.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 16,012 | $2M | 1.2% | 2026-Q2 |
| Bright Futures Wealth Management, LLC. trimmed | 15,605 | $2M | 1.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 14,000 | $2M | 1.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 13,848 | $2M | 1.0% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 13,013 | $2M | 1.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 12,595 | $2M | 1.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 10,195 | $1M | 0.8% | 2026-Q2 |
| MENORA MIVTACHIM HOLDINGS LTD. added | 10,000 | $1M | 0.8% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 8,938 | $1M | 0.7% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 7,971 | $1M | 0.6% | 2026-Q2 |
| Vanguard Capital Wealth Advisors new | 5,200 | $659K | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 5,066 | $643K | 0.4% | 2026-Q2 |
| RDA Financial Network | 5,050 | $640K | 0.4% | 2026-Q2 |
| NewEdge Advisors, LLC added | 4,924 | $624K | 0.4% | 2026-Q2 |
| Stegent Equity Advisors, Inc. | 4,542 | $576K | 0.3% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. trimmed | 4,256 | $539K | 0.3% | 2026-Q2 |
| IFG Advisory, LLC added | 3,821 | $484K | 0.3% | 2026-Q2 |
| D. E. Shaw & Co., Inc. | 3,178 | $403K | 0.2% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC new | 2,707 | $343K | 0.2% | 2026-Q2 |
| Virtue Capital Management, LLC added | 2,537 | $322K | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 2,284 | $290K | 0.2% | 2026-Q2 |
| CITIGROUP INC new | 2,271 | $288K | 0.2% | 2026-Q2 |
| Hudock, Inc. trimmed | 2,121 | $269K | 0.2% | 2026-Q2 |
| XTX Topco Ltd new | 1,968 | $249K | 0.1% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 1,843 | $234K | 0.1% | 2026-Q2 |
| Elevate Capital Advisors, LLC trimmed | 1,663 | $211K | 0.1% | 2026-Q2 |
| FMR LLC trimmed | 1,426 | $181K | 0.1% | 2026-Q2 |
| UBS Group AG trimmed | 910 | $115K | 0.1% | 2026-Q2 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC new | 783 | $99K | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 700 | $89K | 0.1% | 2026-Q2 |
| Rossby Financial, LCC | 607 | $77K | 0.0% | 2026-Q2 |
| AdvisorNet Financial, Inc trimmed | 577 | $73K | 0.0% | 2026-Q2 |
| EFG International AG | 374 | $47K | 0.0% | 2026-Q2 |
| Regatta Research & Money Management new | 274 | $35K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 225 | $29K | 0.0% | 2026-Q2 |
| BOK Financial Private Wealth, Inc. | 150 | $19K | 0.0% | 2026-Q2 |
| MARSHALL INVESTMENT MANAGEMENT, LLC added | 86 | $11K | 0.0% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 80 | $10K | 0.0% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL | 70 | $9K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 63 | $8K | 0.0% | 2026-Q2 |
| CVA Family Office, LLC added | 53 | $7K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC trimmed | 48 | $6K | 0.0% | 2026-Q2 |
| Murphy & Mullick Capital Management Corp | 40 | $5K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 20 | $3K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. trimmed | 10 | $1K | 0.0% | 2026-Q2 |
| Copeland Capital Management, LLC new | 9 | $1K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP new | 7 | $889 | 0.0% | 2026-Q2 |
| Buska Wealth Management, LLC trimmed | 9,540 | $1M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 6,203 | $738K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Orion Porfolio Solutions, LLC trimmed | 3,896 | $464K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC added | 3,805 | $453K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 2,442 | $291K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| IHT Wealth Management, LLC added | 2,373 | $282K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Belvedere Trading LLC added | 1,946 | $232K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Sound Income Strategies, LLC | 1,309 | $155K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| WFA of San Diego, LLC trimmed | 204 | $24K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| FIFTH THIRD BANCORP new | 167 | $20K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC new | 15 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| HOLLENCREST CAPITAL MANAGEMENT | 10 | $1K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Harel Insurance Investments & Financial Services Ltd. trimmed | 62,500 | $8M | 4.7% | 2025-Q4 stale (2 quarters behind) |
| Private Advisor Group, LLC added | 10,507 | $1M | 0.8% | 2025-Q4 stale (2 quarters behind) |
| WBI INVESTMENTS, LLC added | 4,692 | $597K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Belpointe Asset Management LLC trimmed | 4,158 | $529K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| GGM Financials LLC added | 1,328 | $169K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| FLAGSHIP HARBOR ADVISORS, LLC new | 470 | $60K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| AE Wealth Management LLC | 134 | $17K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| HRT FINANCIAL LP added | 24,372 | $3M | 1.8% | 2025-Q3 stale (3 quarters behind) |
| FIRST NATIONAL CORP /MA/ /ADV trimmed | 22,981 | $3M | 1.7% | 2025-Q3 stale (3 quarters behind) |
| DAVENPORT & Co LLC trimmed | 14,340 | $2M | 1.1% | 2025-Q3 stale (3 quarters behind) |
| Nilsine Partners, LLC added | 10,107 | $1M | 0.7% | 2025-Q3 stale (3 quarters behind) |
| Outlook Wealth Advisors, LLC new | 8,397 | $1M | 0.6% | 2025-Q3 stale (3 quarters behind) |
| Carr Financial Group Corp trimmed | 2,458 | $304K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Hennion & Walsh Asset Management, Inc. trimmed | 2,395 | $296K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| OPPENHEIMER & CO INC added | 2,093 | $259K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Williams & Novak, LLC trimmed | 1,997 | $247K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| PCG Wealth Advisors, LLC trimmed | 1,620 | $200K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Wealthspire Advisors, LLC new | 569 | $70K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| PRINCIPAL SECURITIES, INC. | 62 | $8K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| JDM Financial Group LLC | 29 | $4K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Blue Trust, Inc. new | 10 | $1K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| HighTower Advisors, LLC added | 194,089 | $24M | 14.2% | 2025-Q2 stale (4 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. added | 17,744 | $2M | 1.3% | 2025-Q2 stale (4 quarters behind) |
| Fifth Third Securities, Inc. trimmed | 5,608 | $689K | 0.4% | 2025-Q2 stale (4 quarters behind) |
| INDEPENDENT FINANCIAL GROUP, LLC added | 4,455 | $547K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| OLD MISSION CAPITAL LLC added | 3,661 | $450K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Prospera Financial Services Inc added | 2,945 | $362K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| MinichMacGregor Wealth Management, LLC trimmed | 2,692 | $331K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Western Financial Corp/CA trimmed | 2,362 | $290K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Wellington Shields & Co., LLC new | 2,199 | $270K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| SIMPLEX TRADING, LLC trimmed | 138 | $16K | 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.