Who owns MSTB
Which tracked institutional funds hold MSTB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MSTB company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 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 MSTB is one-sided between 2026-Q1 and 2026-Q2: 12 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
MSTB’s largest tracked holder by dollar value, Brookstone Capital Management, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in MSTB 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 25 tracked filers holding MSTB, 13 increased or opened the position and 9 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 MSTB 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 3
- Coppell Advisory Solutions LLC$1M
- OLD MISSION CAPITAL LLC$687K
- Reyes Financial Architecture, Inc.$548K
Full exits 1
- HighTower Advisors, LLC$2M
Largest adds
- Brookstone Capital Management$6M
- Cetera Investment Advisers$2M
- Forefront Wealth Partners, LLC$2M
- MILESTONE ASSET MANAGEMENT, LLC$1M
- Uniting Wealth Partners, LLC$945K
- Sigma Planning Corp$719K
Largest trims
- GTS SECURITIES LLC$381K
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 |
|---|---|---|---|---|
| Brookstone Capital Management added | 1,194,657 | $51M | 41.8% | 2026-Q2 |
| Cetera Investment Advisers added | 449,651 | $19M | 15.7% | 2026-Q2 |
| CreativeOne Wealth, LLC trimmed | 204,842 | $9M | 7.2% | 2026-Q2 |
| MILESTONE ASSET MANAGEMENT, LLC added | 186,273 | $8M | 6.5% | 2026-Q2 |
| Uniting Wealth Partners, LLC added | 185,415 | $8M | 6.5% | 2026-Q2 |
| Sigma Planning Corp trimmed | 157,934 | $7M | 5.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 108,994 | $5M | 3.8% | 2026-Q2 |
| Forefront Wealth Partners, LLC added | 108,681 | $5M | 3.8% | 2026-Q2 |
| Palumbo Wealth Management LLC trimmed | 45,578 | $2M | 1.6% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 28,282 | $1M | 1.0% | 2026-Q2 |
| Coppell Advisory Solutions LLC trimmed | 437 | $1M | 0.8% | 2026-Q2 |
| Mutual Advisors, LLC trimmed | 20,631 | $885K | 0.7% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 16,027 | $687K | 0.6% | 2026-Q2 |
| Reyes Financial Architecture, Inc. new | 12,773 | $548K | 0.4% | 2026-Q2 |
| Indiana Trust & Investment Management Co | 10,000 | $429K | 0.4% | 2026-Q2 |
| AlphaCore Capital LLC | 8,950 | $384K | 0.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ new | 8,514 | $365K | 0.3% | 2026-Q2 |
| GTS SECURITIES LLC trimmed | 5,496 | $236K | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC new | 5,011 | $215K | 0.2% | 2026-Q2 |
| Plante Moran Financial Advisors, LLC new | 1,622 | $70K | 0.1% | 2026-Q2 |
| AE Wealth Management LLC new | 1,144 | $49K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN new | 237 | $10K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC | 25 | $1K | 0.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 1 | $55 | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 1 | $43 | 0.0% | 2026-Q2 |
| HighTower Advisors, LLC trimmed | 53,957 | $2M | 1.7% | 2026-Q1 stale (1 quarter behind) |
| Hilton Head Capital Partners, LLC | 202 | $8K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Kestra Advisory Services, LLC new | 2,783 | $111K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| UBS Group AG trimmed | 178 | $7K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| EXCHANGE TRADED CONCEPTS, LLC trimmed | 59 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CIBC Private Wealth Group LLC | 5 | $200 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| AlphaStar Capital Management, LLC trimmed | 15,711 | $625K | 0.5% | 2025-Q3 stale (3 quarters behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 5,881 | $219K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Royal Bank of Canada new | 87 | $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.