Who owns KW
Which tracked institutional funds hold KW, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See KW company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
68 tracked funds added or opened KW while 35 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
KW’s largest tracked holder by dollar value, VANGUARD GROUP INC, 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 gap the other way — the median holder sizes KW more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in KW 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 2025-Q4 and 2026-Q1, across 238 tracked filers holding KW, 111 increased or opened the position and 127 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 KW between the 2025-Q4 and 2026-Q1 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 28
- VANGUARD PORTFOLIO MANAGEMENT LLC$114M
- FIL Ltd$60M
- VANGUARD CAPITAL MANAGEMENT LLC$51M
- First Trust Capital Management L.P.$25M
- GLAZER CAPITAL, LLC$10M
- WATER ISLAND CAPITAL LLC$9M
Full exits 16
- VANGUARD GROUP INC$153M
- ROYCE & ASSOCIATES LP$14M
- Vision Capital Corp$13M
- VAN DEN BERG MANAGEMENT I, INC$9M
- SPROTT INC.$7M
- MARSHALL WACE, LLP$6M
Largest adds
- FAIRFAX FINANCIAL HOLDINGS LTD/ CAN$15M
- Sagefield Capital LP$13M
- MILLENNIUM MANAGEMENT LLC$9M
- STATE STREET CORP$6M
- ELKHORN PARTNERS LIMITED PARTNERSHIP$4M
- GEODE CAPITAL MANAGEMENT, LLC$4M
Largest trims
- M&T Bank Corp$150M
- BlackRock, Inc.$64M
- Rockefeller Capital Management L.P.$20M
- MACKENZIE FINANCIAL CORP$11M
- LMR Partners LLP$11M
- Nuveen, LLC$10M
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 |
|---|---|---|---|---|
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN | 13,322,009 | $144M | 10.4% | 2026-Q1 |
| BlackRock, Inc. trimmed | 13,078,255 | $142M | 10.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 10,569,892 | $114M | 8.3% | 2026-Q1 |
| STATE STREET CORP trimmed | 5,879,613 | $64M | 4.6% | 2026-Q1 |
| FIL Ltd new | 5,538,580 | $60M | 4.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,740,856 | $51M | 3.7% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 4,228,569 | $46M | 3.3% | 2026-Q1 |
| ELKHORN PARTNERS LIMITED PARTNERSHIP trimmed | 4,199,000 | $45M | 3.3% | 2026-Q1 |
| Alberta Investment Management Corp trimmed | 3,943,222 | $43M | 3.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,183,567 | $34M | 2.5% | 2026-Q1 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. | 2,765,866 | $30M | 2.2% | 2026-Q1 |
| First Trust Capital Management L.P. new | 2,334,369 | $25M | 1.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,012,785 | $22M | 1.6% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 1,528,353 | $17M | 1.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,500,202 | $16M | 1.2% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,447,357 | $16M | 1.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,431,543 | $15M | 1.1% | 2026-Q1 |
| Sagefield Capital LP added | 1,263,180 | $14M | 1.0% | 2026-Q1 |
| Rock Point Advisors, LLC trimmed | 1,221,607 | $13M | 1.0% | 2026-Q1 |
| EVERGREEN CAPITAL MANAGEMENT LLC trimmed | 1,154,920 | $13M | 0.9% | 2026-Q1 |
| GLAZER CAPITAL, LLC new | 939,130 | $10M | 0.7% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 879,921 | $10M | 0.7% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 851,873 | $9M | 0.7% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 841,555 | $9M | 0.7% | 2026-Q1 |
| WATER ISLAND CAPITAL LLC new | 825,652 | $9M | 0.6% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 773,784 | $8M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 766,606 | $8M | 0.6% | 2026-Q1 |
| AQR Arbitrage LLC new | 722,642 | $8M | 0.6% | 2026-Q1 |
| Legal & General Group Plc trimmed | 649,079 | $7M | 0.5% | 2026-Q1 |
| TIG Advisors, LLC new | 620,846 | $7M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 583,885 | $6M | 0.5% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 583,209 | $6M | 0.5% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 576,647 | $6M | 0.5% | 2026-Q1 |
| Nuveen, LLC trimmed | 450,404 | $5M | 0.4% | 2026-Q1 |
| GABELLI FUNDS LLC added | 441,093 | $5M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board trimmed | 438,928 | $5M | 0.3% | 2026-Q1 |
| OMERS ADMINISTRATION Corp trimmed | 434,057 | $5M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 405,189 | $4M | 0.3% | 2026-Q1 |
| Invesco Ltd. trimmed | 364,808 | $4M | 0.3% | 2026-Q1 |
| ACR Alpine Capital Research, LLC trimmed | 354,611 | $4M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 350,185 | $4M | 0.3% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP new | 343,029 | $4M | 0.3% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 341,700 | $4M | 0.3% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd added | 319,237 | $3M | 0.2% | 2026-Q1 |
| CAPSTONE INVESTMENT ADVISORS, LLC new | 290,000 | $3M | 0.2% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 286,363 | $3M | 0.2% | 2026-Q1 |
| PDT Partners, LLC | 274,803 | $3M | 0.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 252,934 | $3M | 0.2% | 2026-Q1 |
| LPL Financial LLC added | 241,340 | $3M | 0.2% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD | 236,000 | $3M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP added | 231,774 | $3M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 229,548 | $2M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 245,983 | $2M | 0.2% | 2026-Q1 |
| Saba Capital Management, L.P. added | 219,000 | $2M | 0.2% | 2026-Q1 |
| Swiss National Bank | 217,568 | $2M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 214,218 | $2M | 0.2% | 2026-Q1 |
| State of New Jersey Common Pension Fund D trimmed | 206,893 | $2M | 0.2% | 2026-Q1 |
| ALPINE ASSOCIATES MANAGEMENT INC. new | 189,000 | $2M | 0.1% | 2026-Q1 |
| GABELLI & Co INVESTMENT ADVISERS, INC. added | 185,600 | $2M | 0.1% | 2026-Q1 |
| NORGES BANK trimmed | 207,737 | $2M | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 156,704 | $2M | 0.1% | 2026-Q1 |
| Creative Planning trimmed | 152,713 | $2M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 152,130 | $2M | 0.1% | 2026-Q1 |
| JCP Investment Management, LLC new | 151,334 | $2M | 0.1% | 2026-Q1 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 150,824 | $2M | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 149,122 | $2M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 139,127 | $2M | 0.1% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL new | 135,000 | $1M | 0.1% | 2026-Q1 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 133,050 | $1M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 132,400 | $1M | 0.1% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 125,967 | $1M | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 122,619 | $1M | 0.1% | 2026-Q1 |
| Amundi added | 112,612 | $1M | 0.1% | 2026-Q1 |
| Vanguard Investments Australia, Ltd. new | 110,126 | $1M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 101,302 | $1M | 0.1% | 2026-Q1 |
| Polar Asset Management Partners Inc. new | 100,000 | $1M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 99,552 | $1M | 0.1% | 2026-Q1 |
| Rangeley Capital, LLC trimmed | 97,000 | $1M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 94,870 | $1M | 0.1% | 2026-Q1 |
| FMR LLC added | 90,857 | $983K | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 15,872,098 | $153M | 11.1% | 2025-Q4 stale |
| ROYCE & ASSOCIATES LP trimmed | 1,430,379 | $14M | 1.0% | 2025-Q4 stale |
| Vision Capital Corp new | 1,309,261 | $13M | 0.9% | 2025-Q4 stale |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. added | 1,291,042 | $11M | 0.8% | 2025-Q1 stale |
| VAN DEN BERG MANAGEMENT I, INC trimmed | 894,821 | $9M | 0.6% | 2025-Q4 stale |
| SPROTT INC. trimmed | 700,700 | $7M | 0.5% | 2025-Q4 stale |
| MARSHALL WACE, LLP added | 648,165 | $6M | 0.5% | 2025-Q4 stale |
| Old West Investment Management, LLC trimmed | 500,000 | $5M | 0.3% | 2025-Q4 stale |
| Boussard & Gavaudan Investment Management LLP new | 365,279 | $4M | 0.3% | 2025-Q4 stale |
| RAYMOND JAMES FINANCIAL INC trimmed | 322,187 | $3M | 0.2% | 2025-Q4 stale |
| TUDOR INVESTMENT CORP ET AL added | 434,088 | $3M | 0.2% | 2025-Q2 stale |
| Beartown Capital Management, LLC new | 300,000 | $3M | 0.2% | 2025-Q4 stale |
| LDR Capital Management LLC added | 244,124 | $2M | 0.2% | 2025-Q1 stale |
| BEACH INVESTMENT COUNSEL INC/PA trimmed | 241,282 | $2M | 0.2% | 2025-Q1 stale |
| CenterBook Partners LP added | 214,629 | $2M | 0.1% | 2025-Q4 stale |
| Qube Research & Technologies Ltd new | 233,099 | $2M | 0.1% | 2025-Q2 stale |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC trimmed | 186,608 | $2M | 0.1% | 2025-Q3 stale |
| Advisors Preferred, LLC new | 122,955 | $1M | 0.1% | 2025-Q4 stale |
| ENVESTNET ASSET MANAGEMENT INC added | 129,643 | $1M | 0.1% | 2025-Q3 stale |
| Jump Financial, LLC trimmed | 121,176 | $1M | 0.1% | 2025-Q3 stale |
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.