Who owns LMUB
Which tracked institutional funds hold LMUB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LMUB 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
The tracked-fund tape on LMUB is one-sided between 2026-Q1 and 2026-Q2: 77 added or opened and 14 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
LMUB’s largest tracked holder by dollar value, ENVESTNET ASSET MANAGEMENT INC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.1% 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 LMUB 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 175 tracked filers holding LMUB, 155 increased or opened the position and 29 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 LMUB 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 14
- Vise Technologies, Inc.$18M
- Plancorp, LLC$4M
- Diversify Advisory Services, LLC$4M
- Vestmark Advisory Solutions, Inc.$2M
- MERCER GLOBAL ADVISORS INC /ADV$2M
- EQ LLC$1M
Full exits 11
- PARK AVENUE SECURITIES LLC$55M
- CWM, LLC$8M
- Thrivent Financial for Lutherans$5M
- HighTower Advisors, LLC$3M
- True Vision MN LLC$2M
- Cambridge Investment Research Advisors, Inc.$2M
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$60M
- LPL Financial LLC$50M
- JPMORGAN CHASE & CO$45M
- MML INVESTORS SERVICES, LLC$18M
- MORGAN STANLEY$13M
- Sanctuary Advisors, LLC$10M
Largest trims
- JANE STREET GROUP, LLC$4M
- Advyzon Investment Management, LLC$1M
- CONQUIS FINANCIAL LLC$475K
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 |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC added | 12,886,730 | $660M | 36.2% | 2026-Q2 |
| LPL Financial LLC added | 6,637,082 | $340M | 18.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,795,874 | $143M | 7.9% | 2026-Q2 |
| MORGAN STANLEY added | 1,629,744 | $83M | 4.6% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 1,517,394 | $78M | 4.3% | 2026-Q2 |
| Cetera Investment Advisers added | 1,198,291 | $61M | 3.4% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. added | 883,578 | $45M | 2.5% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 513,457 | $26M | 1.4% | 2026-Q2 |
| KM Capital Management Ltd. added | 442,423 | $23M | 1.2% | 2026-Q2 |
| Vise Technologies, Inc. new | 356,058 | $18M | 1.0% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 341,310 | $17M | 1.0% | 2026-Q2 |
| One Wealth Advisors, LLC added | 336,349 | $17M | 0.9% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 305,445 | $16M | 0.9% | 2026-Q2 |
| Icon Wealth Advisors, LLC added | 303,512 | $16M | 0.9% | 2026-Q2 |
| BlackRock, Inc. | 256,048 | $13M | 0.7% | 2026-Q2 |
| Manhattan West Asset Management, LLC added | 206,883 | $11M | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 202,598 | $10M | 0.6% | 2026-Q2 |
| Buttonwood Financial Group, LLC added | 195,270 | $10M | 0.5% | 2026-Q2 |
| Detalus Advisors, LLC added | 195,227 | $10M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp added | 176,327 | $9M | 0.5% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 173,943 | $9M | 0.5% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 166,629 | $9M | 0.5% | 2026-Q2 |
| Tyche Wealth Partners LLC added | 154,916 | $8M | 0.4% | 2026-Q2 |
| Kelly Financial Services LLC added | 131,465 | $7M | 0.4% | 2026-Q2 |
| Atlatl Advisers LLC added | 128,359 | $7M | 0.4% | 2026-Q2 |
| ONE WEALTH CAPITAL MANAGEMENT, LLC added | 127,065 | $7M | 0.4% | 2026-Q2 |
| Savvy Advisors, Inc. added | 124,535 | $6M | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 122,442 | $6M | 0.3% | 2026-Q2 |
| WATERSHED PRIVATE WEALTH LLC trimmed | 120,450 | $6M | 0.3% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 110,326 | $6M | 0.3% | 2026-Q2 |
| May Hill Capital, LLC added | 99,644 | $5M | 0.3% | 2026-Q2 |
| Keebeck Wealth Management added | 97,034 | $5M | 0.3% | 2026-Q2 |
| SEEDS INVESTOR LLC added | 96,615 | $5M | 0.3% | 2026-Q2 |
| Atria Investments, Inc added | 95,732 | $5M | 0.3% | 2026-Q2 |
| ONE Advisory Partners, LLC added | 92,813 | $5M | 0.3% | 2026-Q2 |
| JB Capital LLC added | 88,356 | $5M | 0.2% | 2026-Q2 |
| Diversify Advisory Services, LLC new | 87,187 | $4M | 0.2% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC added | 87,187 | $4M | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 86,176 | $4M | 0.2% | 2026-Q2 |
| Plancorp, LLC new | 85,460 | $4M | 0.2% | 2026-Q2 |
| WEALTH ALLIANCE, LLC added | 82,843 | $4M | 0.2% | 2026-Q2 |
| LiftPoint Family Wealth Advisors LLC added | 71,316 | $4M | 0.2% | 2026-Q2 |
| Able Wealth Management LLC added | 69,016 | $4M | 0.2% | 2026-Q2 |
| SMART Wealth LLC added | 68,464 | $4M | 0.2% | 2026-Q2 |
| Triad Wealth Partners, LLC added | 67,859 | $3M | 0.2% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC added | 65,017 | $3M | 0.2% | 2026-Q2 |
| EFG International AG added | 62,187 | $3M | 0.2% | 2026-Q2 |
| Strategic Blueprint, LLC added | 62,156 | $3M | 0.2% | 2026-Q2 |
| WealthShield Partners, LLC added | 57,176 | $3M | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 53,129 | $3M | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 52,184 | $3M | 0.1% | 2026-Q2 |
| Advyzon Investment Management, LLC trimmed | 52,174 | $3M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 51,261 | $3M | 0.1% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. new | 48,300 | $2M | 0.1% | 2026-Q2 |
| THEORY FINANCIAL LLC added | 38,963 | $2M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV new | 37,917 | $2M | 0.1% | 2026-Q2 |
| CreativeOne Wealth, LLC added | 37,537 | $2M | 0.1% | 2026-Q2 |
| Sovran Advisors, LLC added | 36,946 | $2M | 0.1% | 2026-Q2 |
| World Investment Advisors added | 36,220 | $2M | 0.1% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 35,381 | $2M | 0.1% | 2026-Q2 |
| Cornerstone Planning Group LLC added | 34,888 | $2M | 0.1% | 2026-Q2 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 34,399 | $2M | 0.1% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 33,601 | $2M | 0.1% | 2026-Q2 |
| &PARTNERS added | 32,640 | $2M | 0.1% | 2026-Q2 |
| VERUS CAPITAL PARTNERS, LLC added | 31,421 | $2M | 0.1% | 2026-Q2 |
| Gen-Wealth Partners Inc added | 30,979 | $2M | 0.1% | 2026-Q2 |
| Apeiron RIA LLC trimmed | 30,870 | $2M | 0.1% | 2026-Q2 |
| TSA Wealth Managment LLC added | 28,534 | $1M | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC added | 27,958 | $1M | 0.1% | 2026-Q2 |
| BENJAMIN EDWARDS INC added | 27,702 | $1M | 0.1% | 2026-Q2 |
| Retirement Wealth Solutions LLC added | 26,539 | $1M | 0.1% | 2026-Q2 |
| Mayflower Financial Advisors, LLC added | 25,623 | $1M | 0.1% | 2026-Q2 |
| Shared Vision Wealth Group LLC added | 24,444 | $1M | 0.1% | 2026-Q2 |
| Polaris Investment Advisors, LLC added | 23,304 | $1M | 0.1% | 2026-Q2 |
| Aspire Private Capital, LLC added | 23,145 | $1M | 0.1% | 2026-Q2 |
| EQ LLC new | 21,668 | $1M | 0.1% | 2026-Q2 |
| SigFig Wealth Management, LLC added | 20,591 | $1M | 0.1% | 2026-Q2 |
| CORE WEALTH ADVISORS, LLC added | 20,459 | $1M | 0.1% | 2026-Q2 |
| Arax Advisory Partners added | 19,986 | $1M | 0.1% | 2026-Q2 |
| PFG Advisors new | 19,528 | $1M | 0.1% | 2026-Q2 |
| Redhawk Wealth Advisors, Inc. new | 18,855 | $966K | 0.1% | 2026-Q2 |
| CONQUIS FINANCIAL LLC trimmed | 18,432 | $944K | 0.1% | 2026-Q2 |
| Cypress Wealth Services, LLC added | 18,312 | $938K | 0.1% | 2026-Q2 |
| CFS Investment Advisory Services, LLC added | 18,189 | $931K | 0.1% | 2026-Q2 |
| Modern Wealth Management, LLC added | 17,406 | $892K | 0.0% | 2026-Q2 |
| Simplicity Wealth,LLC added | 16,811 | $861K | 0.0% | 2026-Q2 |
| LifePlan Investment Advisors, Inc. added | 16,787 | $860K | 0.0% | 2026-Q2 |
| AE Wealth Management LLC added | 16,617 | $851K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 16,344 | $837K | 0.0% | 2026-Q2 |
| Balefire, LLC new | 16,318 | $836K | 0.0% | 2026-Q2 |
| Cerity Partners LLC added | 16,148 | $827K | 0.0% | 2026-Q2 |
| Regal Investment Advisors LLC added | 15,014 | $769K | 0.0% | 2026-Q2 |
| Sigma Planning Corp new | 14,916 | $764K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 14,280 | $731K | 0.0% | 2026-Q2 |
| EWA, LLC added | 14,277 | $731K | 0.0% | 2026-Q2 |
| Vantage Point Financial LLC added | 14,211 | $728K | 0.0% | 2026-Q2 |
| ZENITH SOLUTIONS, INC. new | 13,943 | $714K | 0.0% | 2026-Q2 |
| OLD MISSION CAPITAL LLC new | 13,937 | $714K | 0.0% | 2026-Q2 |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC added | 13,901 | $712K | 0.0% | 2026-Q2 |
| Integrated Advisors Network LLC added | 13,211 | $677K | 0.0% | 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.