Who owns 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-Q2 13F filings (latest filed 2026-08-17). 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
30 tracked funds added or opened MTBA while 54 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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, ENVESTNET ASSET MANAGEMENT INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% 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 2026-Q1 and 2026-Q2, across 145 tracked filers holding MTBA, 70 increased or opened the position and 90 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 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 9
- Arkadios Wealth Advisors$2M
- Dakota Wealth Management$2M
- GOLDMAN SACHS GROUP INC$2M
- Ameritas Advisory Services, LLC$1M
- GK Wealth Management LLC$1M
- Sequoia Financial Advisors, LLC$1M
Full exits 16
- Convergence Financial, LLC$23M
- Horizon Investments, LLC$15M
- Bank of New York Mellon Corp$13M
- Janney Montgomery Scott LLC$9M
- Triad Investment Management$8M
- Professional Financial Management, Inc.$6M
Largest adds
- MML INVESTORS SERVICES, LLC$14M
- KNIGHTSBRIDGE ASSET MANAGEMENT, LLC$6M
- Keel Point, LLC$3M
- Tidal Investments LLC$3M
- CreativeOne Wealth, LLC$3M
- Sanctuary Advisors, LLC$2M
Largest trims
- Hilton Capital Management, LLC$23M
- PEAK FINANCIAL ADVISORS LLC$17M
- L2 Asset Management, LLC$13M
- ENVESTNET ASSET MANAGEMENT INC$12M
- BANK OF MONTREAL /CAN/$7M
- Independent Advisor Alliance$5M
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 trimmed | 2,250,321 | $110M | 12.0% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 1,937,978 | $95M | 10.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,629,192 | $80M | 8.7% | 2026-Q2 |
| Edge Wealth Management LLC added | 1,090,758 | $54M | 5.8% | 2026-Q2 |
| EVERGREEN CAPITAL MANAGEMENT LLC trimmed | 1,054,709 | $52M | 5.6% | 2026-Q2 |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC added | 947,880 | $47M | 5.1% | 2026-Q2 |
| Watchman Group, Inc. added | 902,254 | $44M | 4.8% | 2026-Q2 |
| CreativeOne Wealth, LLC added | 714,426 | $35M | 3.8% | 2026-Q2 |
| LPL Financial LLC trimmed | 544,297 | $27M | 2.9% | 2026-Q2 |
| Tortoise Investment Management, LLC added | 527,409 | $26M | 2.8% | 2026-Q2 |
| Aprio Wealth Management, LLC added | 485,119 | $24M | 2.6% | 2026-Q2 |
| HUTCHINSON CAPITAL MANAGEMENT/CA added | 401,942 | $20M | 2.1% | 2026-Q2 |
| Hilton Capital Management, LLC trimmed | 398,755 | $20M | 2.1% | 2026-Q2 |
| Pekin Hardy Strauss, Inc. trimmed | 383,511 | $19M | 2.0% | 2026-Q2 |
| Proficio Capital Partners LLC trimmed | 338,534 | $17M | 1.8% | 2026-Q2 |
| L2 Asset Management, LLC trimmed | 295,184 | $14M | 1.6% | 2026-Q2 |
| WealthPlan Investment Management, LLC trimmed | 273,112 | $13M | 1.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 248,445 | $12M | 1.3% | 2026-Q2 |
| BAR HARBOR WEALTH MANAGEMENT trimmed | 240,301 | $12M | 1.3% | 2026-Q2 |
| True Wealth Design, LLC trimmed | 220,181 | $11M | 1.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 199,270 | $10M | 1.1% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 194,820 | $10M | 1.0% | 2026-Q2 |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC trimmed | 194,583 | $10M | 1.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 179,024 | $9M | 1.0% | 2026-Q2 |
| Tidal Investments LLC added | 173,768 | $9M | 0.9% | 2026-Q2 |
| FIRST AMERICAN TRUST, FSB added | 158,653 | $8M | 0.8% | 2026-Q2 |
| COMPASS CAPITAL CORP /MA/ /ADV trimmed | 154,330 | $8M | 0.8% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 152,032 | $7M | 0.8% | 2026-Q2 |
| Ethos Financial Group, LLC trimmed | 135,544 | $7M | 0.7% | 2026-Q2 |
| Fort Sheridan Advisors LLC added | 127,286 | $6M | 0.7% | 2026-Q2 |
| ABBINGTON INVESTMENT GROUP trimmed | 121,545 | $6M | 0.6% | 2026-Q2 |
| NWAM LLC trimmed | 116,616 | $6M | 0.6% | 2026-Q2 |
| Keel Point, LLC added | 104,803 | $5M | 0.6% | 2026-Q2 |
| Calamos Advisors LLC trimmed | 104,178 | $5M | 0.6% | 2026-Q2 |
| Breakwater Capital Group trimmed | 95,391 | $5M | 0.5% | 2026-Q2 |
| Seneca House Advisors trimmed | 83,504 | $4M | 0.4% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. added | 70,437 | $3M | 0.4% | 2026-Q2 |
| Beckerman Institutional, LLC added | 65,670 | $3M | 0.4% | 2026-Q2 |
| Park Edge Advisors, LLC added | 64,050 | $3M | 0.3% | 2026-Q2 |
| Lifetime Wealth Management P.C. trimmed | 58,054 | $3M | 0.3% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 55,687 | $3M | 0.3% | 2026-Q2 |
| Western Wealth Management, LLC added | 55,108 | $3M | 0.3% | 2026-Q2 |
| FIRST NATIONAL BANK SIOUX FALLS | 52,518 | $3M | 0.3% | 2026-Q2 |
| FIRST MANHATTAN CO. LLC. | 50,000 | $2M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 40,291 | $2M | 0.2% | 2026-Q2 |
| Arkadios Wealth Advisors new | 38,672 | $2M | 0.2% | 2026-Q2 |
| Dakota Wealth Management trimmed | 33,790 | $2M | 0.2% | 2026-Q2 |
| PRIVATE CLIENT SERVICES, LLC trimmed | 32,997 | $2M | 0.2% | 2026-Q2 |
| Patten Group, Inc. trimmed | 31,880 | $2M | 0.2% | 2026-Q2 |
| Citizens National Bank Trust Department added | 31,541 | $2M | 0.2% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 31,407 | $2M | 0.2% | 2026-Q2 |
| HARMONY ASSET MANAGEMENT LLC added | 31,000 | $2M | 0.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 30,781 | $2M | 0.2% | 2026-Q2 |
| Ameritas Advisory Services, LLC trimmed | 28,446 | $1M | 0.2% | 2026-Q2 |
| SMITH, MOORE & CO. added | 28,423 | $1M | 0.2% | 2026-Q2 |
| Continuum Advisory, LLC added | 26,996 | $1M | 0.1% | 2026-Q2 |
| Crumly & Associates Inc. trimmed | 25,744 | $1M | 0.1% | 2026-Q2 |
| GK Wealth Management LLC added | 24,648 | $1M | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 24,399 | $1M | 0.1% | 2026-Q2 |
| Longview Financial Advisors, Inc. trimmed | 24,150 | $1M | 0.1% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 23,982 | $1M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 23,451 | $1M | 0.1% | 2026-Q2 |
| MORGAN STANLEY added | 23,046 | $1M | 0.1% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 22,547 | $1M | 0.1% | 2026-Q2 |
| Sequoia Financial Advisors, LLC | 22,391 | $1M | 0.1% | 2026-Q2 |
| Spire Wealth Management | 22,100 | $1M | 0.1% | 2026-Q2 |
| Ancora Advisors LLC | 22,000 | $1M | 0.1% | 2026-Q2 |
| Mosley Wealth Management added | 21,813 | $1M | 0.1% | 2026-Q2 |
| Knights of Columbus Asset Advisors LLC added | 21,258 | $1M | 0.1% | 2026-Q2 |
| Cambridge Advisors Inc. added | 20,953 | $1M | 0.1% | 2026-Q2 |
| Hegarty Advisors, LLC trimmed | 20,737 | $1M | 0.1% | 2026-Q2 |
| Focus Partners Wealth | 20,274 | $995K | 0.1% | 2026-Q2 |
| WealthPLAN Partners, LLC added | 20,115 | $987K | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 19,556 | $960K | 0.1% | 2026-Q2 |
| Legacy Wealth Advisors, LLC added | 19,170 | $941K | 0.1% | 2026-Q2 |
| Maridea Wealth Management LLC trimmed | 17,391 | $853K | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 16,914 | $830K | 0.1% | 2026-Q2 |
| Corient Private Wealth LP added | 15,175 | $745K | 0.1% | 2026-Q2 |
| Sharp Wealth Advisory, LLC added | 14,465 | $710K | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 13,957 | $685K | 0.1% | 2026-Q2 |
| Keeler Thomas Management LLC new | 13,857 | $680K | 0.1% | 2026-Q2 |
| Pathstone Holdings, LLC new | 12,575 | $617K | 0.1% | 2026-Q2 |
| KENNEDY INVESTMENT GROUP, INC. added | 12,098 | $594K | 0.1% | 2026-Q2 |
| SteelPeak Wealth, LLC new | 12,054 | $591K | 0.1% | 2026-Q2 |
| Andina Capital Management, LLC trimmed | 12,023 | $590K | 0.1% | 2026-Q2 |
| Nautilus Advisors LLC trimmed | 11,669 | $571K | 0.1% | 2026-Q2 |
| &PARTNERS trimmed | 11,295 | $554K | 0.1% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. trimmed | 11,138 | $547K | 0.1% | 2026-Q2 |
| BAM Wealth Management, LLC added | 11,126 | $546K | 0.1% | 2026-Q2 |
| PFG Investments, LLC added | 10,912 | $535K | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 10,657 | $523K | 0.1% | 2026-Q2 |
| Venturi Wealth Management, LLC trimmed | 10,569 | $519K | 0.1% | 2026-Q2 |
| STRATEGY ASSET MANAGERS LLC added | 10,399 | $510K | 0.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 10,340 | $507K | 0.1% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. trimmed | 10,044 | $493K | 0.1% | 2026-Q2 |
| Vident Advisory, LLC added | 9,979 | $490K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 9,784 | $480K | 0.1% | 2026-Q2 |
| Revisor Wealth Management LLC added | 9,206 | $452K | 0.0% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 8,905 | $437K | 0.0% | 2026-Q2 |
| Mutual Advisors, LLC added | 8,525 | $418K | 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.