Who owns MTBA (MTBA)
Which tracked institutional funds hold MTBA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MTBA company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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
43 tracked funds added or opened MTBA while 29 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
MTBA’s largest tracked holder by dollar value, SEI INVESTMENTS CO, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 0.1pp gap the other way — the median holder sizes MTBA more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in MTBA 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 155 tracked filers holding MTBA, 100 increased or opened the position and 66 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 MTBA 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 5
- Western Wealth Management, LLC$3M
- Encompass More Asset Management$2M
- Spire Wealth Management$1M
- Corient Private Wealth LLC$715K
- Quantinno Capital Management LP$665K
Full exits 8
- CI INVESTMENTS INC.$18M
- Morling Financial Advisors, LLC$17M
- Family Manage LLC$7M
- Sequoia Financial Advisors, LLC$1M
- GK Wealth Management LLC$957K
- SCHRODER INVESTMENT MANAGEMENT GROUP$941K
Largest adds
- L2 Asset Management, LLC$14M
- WealthPlan Investment Management, LLC$8M
- ENVESTNET ASSET MANAGEMENT INC$8M
- KNIGHTSBRIDGE ASSET MANAGEMENT, LLC$6M
- PREVAIL INNOVATIVE WEALTH ADVISORS, LLC$6M
- Triad Investment Management$5M
Largest trims
- Tidal Investments LLC$9M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$9M
- Proficio Capital Partners LLC$9M
- MML INVESTORS SERVICES, LLC$8M
- Heck Capital Advisors, LLC$4M
- WELLS FARGO & COMPANY/MN$4M
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 |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC added | 2,474,122 | $122M | 8.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 1,673,183 | $83M | 5.9% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 1,631,854 | $81M | 5.7% | 2026-Q1 |
| Edge Wealth Management LLC added | 1,071,359 | $53M | 3.7% | 2026-Q1 |
| EVERGREEN CAPITAL MANAGEMENT LLC trimmed | 1,061,848 | $53M | 3.7% | 2026-Q1 |
| Watchman Group, Inc. added | 877,875 | $43M | 3.1% | 2026-Q1 |
| Hilton Capital Management, LLC added | 855,402 | $42M | 3.0% | 2026-Q1 |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC added | 819,151 | $41M | 2.9% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 649,295 | $32M | 2.3% | 2026-Q1 |
| LPL Financial LLC added | 582,643 | $29M | 2.0% | 2026-Q1 |
| L2 Asset Management, LLC added | 559,008 | $28M | 2.0% | 2026-Q1 |
| Tortoise Investment Management, LLC added | 515,238 | $25M | 1.8% | 2026-Q1 |
| Aprio Wealth Management, LLC added | 463,325 | $23M | 1.6% | 2026-Q1 |
| Convergence Financial, LLC added | 462,501 | $23M | 1.6% | 2026-Q1 |
| Pekin Hardy Strauss, Inc. added | 410,028 | $20M | 1.4% | 2026-Q1 |
| Proficio Capital Partners LLC trimmed | 383,745 | $19M | 1.3% | 2026-Q1 |
| HUTCHINSON CAPITAL MANAGEMENT/CA added | 379,512 | $19M | 1.3% | 2026-Q1 |
| PEAK FINANCIAL ADVISORS LLC trimmed | 343,050 | $17M | 1.2% | 2026-Q1 |
| Horizon Investments, LLC added | 301,338 | $15M | 1.0% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 291,789 | $14M | 1.0% | 2026-Q1 |
| WealthPlan Investment Management, LLC added | 286,783 | $14M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp added | 261,015 | $13M | 0.9% | 2026-Q1 |
| BAR HARBOR WEALTH MANAGEMENT trimmed | 245,329 | $12M | 0.9% | 2026-Q1 |
| True Wealth Design, LLC trimmed | 229,914 | $11M | 0.8% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 227,652 | $11M | 0.8% | 2026-Q1 |
| Ethos Financial Group, LLC added | 211,889 | $10M | 0.7% | 2026-Q1 |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC added | 195,398 | $10M | 0.7% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 187,889 | $9M | 0.7% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 175,942 | $9M | 0.6% | 2026-Q1 |
| COMPASS CAPITAL CORP /MA/ /ADV added | 168,906 | $8M | 0.6% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 159,902 | $8M | 0.6% | 2026-Q1 |
| Triad Investment Management added | 155,447 | $8M | 0.6% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 155,241 | $8M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 145,765 | $7M | 0.5% | 2026-Q1 |
| FIRST AMERICAN TRUST, FSB trimmed | 141,679 | $7M | 0.5% | 2026-Q1 |
| NWAM LLC trimmed | 135,658 | $7M | 0.5% | 2026-Q1 |
| ABBINGTON INVESTMENT GROUP added | 130,490 | $6M | 0.5% | 2026-Q1 |
| Professional Financial Management, Inc. added | 129,045 | $6M | 0.5% | 2026-Q1 |
| Fort Sheridan Advisors LLC added | 119,661 | $6M | 0.4% | 2026-Q1 |
| Calamos Advisors LLC trimmed | 119,060 | $6M | 0.4% | 2026-Q1 |
| Seneca House Advisors added | 118,837 | $6M | 0.4% | 2026-Q1 |
| Tidal Investments LLC trimmed | 112,748 | $6M | 0.4% | 2026-Q1 |
| Breakwater Capital Group added | 112,595 | $6M | 0.4% | 2026-Q1 |
| Independent Advisor Alliance added | 107,350 | $5M | 0.4% | 2026-Q1 |
| Private Advisor Group, LLC added | 106,068 | $5M | 0.4% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 86,005 | $4M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 83,593 | $4M | 0.3% | 2026-Q1 |
| WEDBUSH SECURITIES INC added | 72,113 | $4M | 0.3% | 2026-Q1 |
| Beckerman Institutional, LLC added | 64,870 | $3M | 0.2% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. added | 62,764 | $3M | 0.2% | 2026-Q1 |
| Narwhal Capital Management trimmed | 62,064 | $3M | 0.2% | 2026-Q1 |
| Heck Capital Advisors, LLC trimmed | 61,389 | $3M | 0.2% | 2026-Q1 |
| Park Edge Advisors, LLC added | 61,371 | $3M | 0.2% | 2026-Q1 |
| Lifetime Wealth Management P.C. added | 60,229 | $3M | 0.2% | 2026-Q1 |
| Crumly & Associates Inc. added | 60,108 | $3M | 0.2% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 59,170 | $3M | 0.2% | 2026-Q1 |
| Orion Porfolio Solutions, LLC added | 58,572 | $3M | 0.2% | 2026-Q1 |
| FIRST NATIONAL BANK SIOUX FALLS added | 52,518 | $3M | 0.2% | 2026-Q1 |
| Anchor Investment Management, LLC added | 52,716 | $3M | 0.2% | 2026-Q1 |
| Western Wealth Management, LLC new | 51,964 | $3M | 0.2% | 2026-Q1 |
| PRIVATE CLIENT SERVICES, LLC added | 50,856 | $3M | 0.2% | 2026-Q1 |
| FIRST MANHATTAN CO. LLC. | 50,000 | $2M | 0.2% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 48,949 | $2M | 0.2% | 2026-Q1 |
| Encompass More Asset Management new | 46,489 | $2M | 0.2% | 2026-Q1 |
| Andina Capital Management, LLC trimmed | 45,725 | $2M | 0.2% | 2026-Q1 |
| Advisory Services Network, LLC trimmed | 40,393 | $2M | 0.1% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. trimmed | 40,153 | $2M | 0.1% | 2026-Q1 |
| Patten Group, Inc. trimmed | 39,077 | $2M | 0.1% | 2026-Q1 |
| Citizens National Bank Trust Department trimmed | 31,197 | $2M | 0.1% | 2026-Q1 |
| HARMONY ASSET MANAGEMENT LLC added | 28,600 | $1M | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 28,095 | $1M | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC added | 27,659 | $1M | 0.1% | 2026-Q1 |
| Continuum Advisory, LLC trimmed | 26,598 | $1M | 0.1% | 2026-Q1 |
| SMITH, MOORE & CO. added | 25,872 | $1M | 0.1% | 2026-Q1 |
| Longview Financial Advisors, Inc. added | 24,323 | $1M | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 23,631 | $1M | 0.1% | 2026-Q1 |
| &PARTNERS trimmed | 23,466 | $1M | 0.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 22,772 | $1M | 0.1% | 2026-Q1 |
| Spire Wealth Management new | 22,100 | $1M | 0.1% | 2026-Q1 |
| Hegarty Advisors, LLC added | 22,007 | $1M | 0.1% | 2026-Q1 |
| Ancora Advisors LLC added | 22,000 | $1M | 0.1% | 2026-Q1 |
| Focus Partners Wealth added | 20,274 | $1M | 0.1% | 2026-Q1 |
| BOS Asset Management, LLC added | 19,788 | $979K | 0.1% | 2026-Q1 |
| Cambridge Advisors Inc. added | 19,506 | $965K | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 2,914,552 | $146M | 10.3% | 2025-Q1 stale |
| Municipal Employees' Retirement System of Michigan trimmed | 2,378,493 | $119M | 8.4% | 2025-Q1 stale |
| CI INVESTMENTS INC. trimmed | 359,459 | $18M | 1.3% | 2025-Q4 stale |
| Morling Financial Advisors, LLC added | 338,739 | $17M | 1.2% | 2025-Q4 stale |
| LHM, INC. trimmed | 151,300 | $8M | 0.5% | 2025-Q1 stale |
| Family Manage LLC trimmed | 134,569 | $7M | 0.5% | 2025-Q4 stale |
| Priebe Wealth Holdings LLC added | 123,100 | $6M | 0.4% | 2025-Q2 stale |
| LEUTHOLD GROUP, LLC trimmed | 99,986 | $5M | 0.4% | 2025-Q2 stale |
| Orion Portfolio Solutions, LLC added | 95,919 | $5M | 0.3% | 2025-Q1 stale |
| Whalen Wealth Management Inc. new | 79,548 | $4M | 0.3% | 2025-Q1 stale |
| Northern Financial Advisors Inc new | 41,863 | $2M | 0.1% | 2025-Q3 stale |
| Ameritas Advisory Services, LLC added | 32,350 | $2M | 0.1% | 2025-Q3 stale |
| K2 Financial Inc. added | 25,573 | $1M | 0.1% | 2025-Q1 stale |
| Sequoia Financial Advisors, LLC added | 22,391 | $1M | 0.1% | 2025-Q4 stale |
| TOWNSQUARE CAPITAL LLC added | 22,094 | $1M | 0.1% | 2025-Q1 stale |
| Alpine Bank Wealth Management added | 21,414 | $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.