Who owns LSAF
Which tracked institutional funds hold LSAF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LSAF 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 LSAF is one-sided between 2026-Q1 and 2026-Q2: 3 added or opened and 1 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
LSAF’s largest tracked holder by dollar value, Redwood Investment Management, LLC, sizes it at 6.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 6.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in LSAF 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 22 tracked filers holding LSAF, 11 increased or opened the position and 13 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 LSAF 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 1
- Coppell Advisory Solutions LLC$747K
Full exits 1
- Redwood Investment Management, LLC$54M
Largest adds
- LPL Financial LLC$3M
- Cetera Investment Advisers$1M
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 | 582,713 | $30M | 26.6% | 2026-Q2 |
| Cetera Investment Advisers added | 111,157 | $6M | 5.1% | 2026-Q2 |
| IHT Wealth Management, LLC trimmed | 31,548 | $2M | 1.4% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 30,048 | $2M | 1.4% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 28,977 | $2M | 1.3% | 2026-Q2 |
| Coppell Advisory Solutions LLC | 14,431 | $747K | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 13,886 | $719K | 0.6% | 2026-Q2 |
| VestGen Advisors, LLC added | 10,162 | $526K | 0.5% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 6,554 | $339K | 0.3% | 2026-Q2 |
| Maia Wealth LLC trimmed | 6,092 | $315K | 0.3% | 2026-Q2 |
| FMR LLC added | 2,243 | $116K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC new | 2,151 | $111K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 2,072 | $107K | 0.1% | 2026-Q2 |
| UBS Group AG trimmed | 1,731 | $90K | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC new | 520 | $27K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 411 | $21K | 0.0% | 2026-Q2 |
| VANGUARD ADVISERS INC | 348 | $18K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 268 | $14K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 223 | $12K | 0.0% | 2026-Q2 |
| Comprehensive Financial Planning, Inc./PA | 29 | $2K | 0.0% | 2026-Q2 |
| Signature Equity Partners, LLC | 27 | $1K | 0.0% | 2026-Q2 |
| AE Wealth Management LLC | 1 | $28 | 0.0% | 2026-Q2 |
| Redwood Investment Management, LLC trimmed | 1,184,577 | $54M | 47.9% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 9,904 | $455K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Aurora Private Wealth, Inc. | 8,710 | $393K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Gladstone Institutional Advisory LLC trimmed | 6,103 | $280K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Allworth Financial LP new | 514 | $24K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| IFP Advisors, Inc | 305 | $14K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC added | 22,711 | $1M | 0.9% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC added | 17,845 | $804K | 0.7% | 2025-Q4 stale (2 quarters behind) |
| TUCKER ASSET MANAGEMENT LLC trimmed | 447 | $20K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| WELLS FARGO & COMPANY/MN new | 167 | $8K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Mariner, LLC trimmed | 128,141 | $6M | 5.1% | 2025-Q3 stale (3 quarters behind) |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 20,131 | $900K | 0.8% | 2025-Q3 stale (3 quarters behind) |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 8,706 | $389K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Wealthspire Advisors, LLC new | 2,556 | $114K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| MORGAN STANLEY new | 908 | $41K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Wealth Watch Advisors, INC new | 463 | $21K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Envestnet Portfolio Solutions, Inc. trimmed | 51,115 | $2M | 1.9% | 2025-Q2 stale (4 quarters behind) |
| Atria Wealth Solutions, Inc. trimmed | 49,171 | $2M | 1.8% | 2025-Q2 stale (4 quarters behind) |
| Good Life Advisors, LLC added | 19,774 | $840K | 0.7% | 2025-Q2 stale (4 quarters behind) |
| AMERIFLEX GROUP, INC. | 210 | $9K | 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.