Who owns LCAP
Which tracked institutional funds hold LCAP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LCAP company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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 LCAP is one-sided between 2026-Q1 and 2026-Q2: 7 added or opened and 2 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
LCAP’s largest tracked holder by dollar value, PRINCIPAL FINANCIAL GROUP INC, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in LCAP 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 15 tracked filers holding LCAP, 12 increased or opened the position and 2 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 LCAP 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 4
- NewEdge Advisors, LLC$9M
- AMERIPRISE FINANCIAL INC$2M
- GOLDMAN SACHS GROUP INC$1M
- LPL Financial LLC$890K
Largest adds
- PRINCIPAL FINANCIAL GROUP INC$1.5B
- PRINCIPAL SECURITIES, INC.$53M
- ENVESTNET ASSET MANAGEMENT INC$52M
Largest trims
- JANE STREET GROUP, LLC$527K
- MORGAN STANLEY$501K
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 |
|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP INC added | 48,561,966 | $1.6B | 80.2% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 5,804,126 | $192M | 9.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 5,746,819 | $190M | 9.5% | 2026-Q2 |
| NewEdge Advisors, LLC new | 270,115 | $9M | 0.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC new | 66,357 | $2M | 0.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 37,799 | $1M | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC new | 34,054 | $1M | 0.1% | 2026-Q2 |
| LPL Financial LLC new | 26,866 | $890K | 0.0% | 2026-Q2 |
| Simplicity Wealth,LLC added | 16,397 | $543K | 0.0% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 13,105 | $434K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 4,162 | $137K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC | 1,733 | $57K | 0.0% | 2026-Q2 |
| CITIGROUP INC new | 513 | $17K | 0.0% | 2026-Q2 |
| Pinnacle Bancorp, Inc. added | 220 | $7K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 50 | $2K | 0.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC new | 264 | $7K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| UBS Group AG new | 129 | $3K | 0.0% | 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.