Who owns KNG
Which tracked institutional funds hold KNG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See KNG 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
58 tracked funds added or opened KNG while 50 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
KNG’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes KNG more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in KNG 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 300 tracked filers holding KNG, 139 increased or opened the position and 157 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 KNG 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 12
- OLD MISSION CAPITAL LLC$3M
- J.W. COLE ADVISORS, INC.$2M
- DAVENPORT & Co LLC$2M
- FIDUCIARY FINANCIAL ADVISORS$1M
- Schulz Wealth, LTD.$1M
- Summit Financial, LLC$831K
Full exits 16
- Janney Montgomery Scott LLC$19M
- Cambridge Investment Research Advisors, Inc.$13M
- SlateStone Wealth, LLC$13M
- PARK AVENUE SECURITIES LLC$6M
- HighTower Advisors, LLC$5M
- TKG Advisors, LLC$4M
Largest adds
- Modern Wealth Management, LLC$17M
- LPL Financial LLC$9M
- OSAIC HOLDINGS, INC.$6M
- NewEdge Advisors, LLC$5M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$3M
- ENVESTNET ASSET MANAGEMENT INC$3M
Largest trims
- Arkadios Wealth Advisors$22M
- MORGAN STANLEY$18M
- Flaharty Asset Management, LLC$16M
- Independent Advisor Alliance$8M
- PSI Advisors, LLC$5M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$4M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| LPL Financial LLC trimmed | 5,533,263 | $279M | 16.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 4,911,743 | $248M | 14.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 3,100,855 | $157M | 9.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 2,165,360 | $109M | 6.4% | 2026-Q2 |
| UBS Group AG trimmed | 1,986,894 | $100M | 5.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,344,081 | $68M | 3.9% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 1,195,889 | $60M | 3.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 1,135,148 | $57M | 3.3% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 1,056,529 | $53M | 3.1% | 2026-Q2 |
| Southern Financial Group, LLC added | 641,223 | $32M | 1.9% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 545,961 | $28M | 1.6% | 2026-Q2 |
| Capital Investment Advisors, LLC trimmed | 486,683 | $25M | 1.4% | 2026-Q2 |
| Wagner Wealth Management, LLC trimmed | 420,348 | $21M | 1.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 393,338 | $20M | 1.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 389,251 | $20M | 1.1% | 2026-Q2 |
| PSI Advisors, LLC trimmed | 385,687 | $19M | 1.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 354,538 | $18M | 1.0% | 2026-Q2 |
| Modern Wealth Management, LLC added | 344,253 | $17M | 1.0% | 2026-Q2 |
| Brookstone Capital Management added | 336,209 | $17M | 1.0% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 326,395 | $16M | 1.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 320,973 | $16M | 0.9% | 2026-Q2 |
| Curran Financial Partners, LLC added | 305,615 | $15M | 0.9% | 2026-Q2 |
| Solitude Financial Services added | 282,994 | $14M | 0.8% | 2026-Q2 |
| Compass Financial Services Inc added | 269,549 | $14M | 0.8% | 2026-Q2 |
| Symphony Financial Services, Inc. added | 207,896 | $10M | 0.6% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 189,571 | $10M | 0.6% | 2026-Q2 |
| Private Advisor Group, LLC added | 175,737 | $9M | 0.5% | 2026-Q2 |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC added | 172,682 | $9M | 0.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 166,974 | $8M | 0.5% | 2026-Q2 |
| Argent Advisors, Inc. trimmed | 162,868 | $8M | 0.5% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 156,815 | $8M | 0.5% | 2026-Q2 |
| &PARTNERS trimmed | 156,043 | $8M | 0.5% | 2026-Q2 |
| NewEdge Advisors, LLC added | 146,889 | $7M | 0.4% | 2026-Q2 |
| Integrated Wealth Concepts LLC trimmed | 138,120 | $7M | 0.4% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 136,925 | $7M | 0.4% | 2026-Q2 |
| Snowden Capital Advisors LLC added | 133,085 | $7M | 0.4% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 120,881 | $6M | 0.4% | 2026-Q2 |
| Atlas Private Wealth Advisors trimmed | 116,194 | $6M | 0.3% | 2026-Q2 |
| Indivisible Partners added | 110,303 | $6M | 0.3% | 2026-Q2 |
| MILESTONE ASSET MANAGEMENT, LLC added | 106,157 | $5M | 0.3% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 105,249 | $5M | 0.3% | 2026-Q2 |
| Prospera Financial Services Inc added | 102,447 | $5M | 0.3% | 2026-Q2 |
| PFS Partners, LLC added | 98,075 | $5M | 0.3% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. added | 94,745 | $5M | 0.3% | 2026-Q2 |
| RFG Advisory, LLC added | 94,344 | $5M | 0.3% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 90,516 | $5M | 0.3% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 87,567 | $4M | 0.3% | 2026-Q2 |
| Next Level Private LLC added | 87,246 | $4M | 0.3% | 2026-Q2 |
| Teamwork Financial Advisors, LLC added | 86,505 | $4M | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 85,740 | $4M | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 85,168 | $4M | 0.3% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 84,430 | $4M | 0.2% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 82,215 | $4M | 0.2% | 2026-Q2 |
| RETIREMENT GUYS FORMULA LLC added | 80,287 | $4M | 0.2% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 79,331 | $4M | 0.2% | 2026-Q2 |
| IFP Advisors, Inc added | 75,925 | $4M | 0.2% | 2026-Q2 |
| Arax Advisory Partners trimmed | 74,593 | $4M | 0.2% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 65,757 | $3M | 0.2% | 2026-Q2 |
| Z3 Capital Partners, LLC trimmed | 63,974 | $3M | 0.2% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 63,057 | $3M | 0.2% | 2026-Q2 |
| Focus Partners Wealth trimmed | 62,014 | $3M | 0.2% | 2026-Q2 |
| Gladstone Institutional Advisory LLC added | 60,466 | $3M | 0.2% | 2026-Q2 |
| Gerald Baker Financial Group LLC added | 60,245 | $3M | 0.2% | 2026-Q2 |
| Raab & Moskowitz Asset Management LLC trimmed | 59,020 | $3M | 0.2% | 2026-Q2 |
| NewEdge Wealth, LLC | 57,700 | $3M | 0.2% | 2026-Q2 |
| Strategic Financial Concepts, LLC added | 57,473 | $3M | 0.2% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 57,453 | $3M | 0.2% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 55,939 | $3M | 0.2% | 2026-Q2 |
| Proactive Wealth Strategies LLC trimmed | 55,436 | $3M | 0.2% | 2026-Q2 |
| Gateway Wealth Partners, LLC trimmed | 54,010 | $3M | 0.2% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 52,669 | $3M | 0.2% | 2026-Q2 |
| Elevated Capital Advisors, LLC added | 51,928 | $3M | 0.2% | 2026-Q2 |
| Inspire Advisors, LLC added | 48,176 | $2M | 0.1% | 2026-Q2 |
| Arkadios Wealth Advisors trimmed | 46,918 | $2M | 0.1% | 2026-Q2 |
| SILVER OAK SECURITIES, INCORPORATED added | 46,341 | $2M | 0.1% | 2026-Q2 |
| Capital Investment Advisory Services, LLC trimmed | 46,137 | $2M | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 44,439 | $2M | 0.1% | 2026-Q2 |
| IHT Wealth Management, LLC added | 44,386 | $2M | 0.1% | 2026-Q2 |
| Signature Equity Partners, LLC added | 44,366 | $2M | 0.1% | 2026-Q2 |
| Goldstone Financial Group, LLC trimmed | 43,589 | $2M | 0.1% | 2026-Q2 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV trimmed | 43,095 | $2M | 0.1% | 2026-Q2 |
| Sequent Planning LLC trimmed | 42,195 | $2M | 0.1% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. trimmed | 39,576 | $2M | 0.1% | 2026-Q2 |
| Maia Wealth LLC trimmed | 38,911 | $2M | 0.1% | 2026-Q2 |
| DAVENPORT & Co LLC added | 38,551 | $2M | 0.1% | 2026-Q2 |
| Cornerstone Wealth Management, LLC trimmed | 37,453 | $2M | 0.1% | 2026-Q2 |
| Dynamic Advisor Solutions LLC added | 36,221 | $2M | 0.1% | 2026-Q2 |
| BlueChip Wealth Advisors LLC added | 36,027 | $2M | 0.1% | 2026-Q2 |
| PRECEDENT WEALTH PARTNERS, LLC added | 35,807 | $2M | 0.1% | 2026-Q2 |
| Triumph Capital Management trimmed | 34,590 | $2M | 0.1% | 2026-Q2 |
| Legacy Wealth Managment, LLC/ID added | 33,700 | $2M | 0.1% | 2026-Q2 |
| Resolute Wealth Strategies, LLC added | 33,697 | $2M | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC trimmed | 32,827 | $2M | 0.1% | 2026-Q2 |
| BARRETT & COMPANY, INC. added | 31,382 | $2M | 0.1% | 2026-Q2 |
| Tandem Financial, LLC trimmed | 29,851 | $2M | 0.1% | 2026-Q2 |
| Stonebridge Financial Planning Group, LLC trimmed | 29,654 | $1M | 0.1% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 29,400 | $1M | 0.1% | 2026-Q2 |
| OFC FINANCIAL PLANNING, LLC trimmed | 29,294 | $1M | 0.1% | 2026-Q2 |
| CoreCap Advisors, LLC added | 29,124 | $1M | 0.1% | 2026-Q2 |
| Flaharty Asset Management, LLC trimmed | 28,594 | $1M | 0.1% | 2026-Q2 |
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.