Who owns MUNY
Which tracked institutional funds hold MUNY, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MUNY 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 MUNY is one-sided between 2026-Q1 and 2026-Q2: 15 added or opened and 5 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
MUNY’s largest tracked holder by dollar value, Bridgewater Advisors Inc., sizes it at 1.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in MUNY 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 55 tracked filers holding MUNY, 43 increased or opened the position and 17 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 MUNY 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 5
- Savvy Advisors, Inc.$3M
- Arax Advisory Partners$2M
- Family Manage LLC$999K
- Prospect Financial Services LLC$960K
- Richard C. Young & CO., LTD.$703K
Full exits 3
- HighTower Advisors, LLC$3M
- JOURNEY STRATEGIC WEALTH LLC$3M
- Tower Research Capital LLC (TRC)$2M
Largest adds
- Francis Financial, Inc.$2M
- Bridgewater Advisors Inc.$2M
- Rialto Wealth Management, LLC$2M
- GUGGENHEIM CAPITAL LLC$1M
- LPL Financial LLC$1M
- BANK OF AMERICA CORP /DE/$796K
Largest trims
- JANE STREET GROUP, LLC$7M
- IEQ CAPITAL, LLC$432K
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 |
|---|---|---|---|---|
| Bridgewater Advisors Inc. added | 287,315 | $29M | 24.5% | 2026-Q2 |
| Francis Financial, Inc. added | 170,398 | $18M | 14.9% | 2026-Q2 |
| WNY Asset Management, LLC added | 81,565 | $8M | 7.1% | 2026-Q2 |
| IEQ CAPITAL, LLC trimmed | 77,012 | $8M | 6.7% | 2026-Q2 |
| Rialto Wealth Management, LLC added | 42,042 | $4M | 3.7% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 40,706 | $4M | 3.5% | 2026-Q2 |
| Savvy Advisors, Inc. new | 32,273 | $3M | 2.8% | 2026-Q2 |
| Tortoise Investment Management, LLC trimmed | 25,410 | $3M | 2.2% | 2026-Q2 |
| Rise Advisors, LLC trimmed | 22,643 | $2M | 2.0% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 21,115 | $2M | 1.8% | 2026-Q2 |
| SATOVSKY ASSET MANAGEMENT LLC added | 20,615 | $2M | 1.8% | 2026-Q2 |
| Arax Advisory Partners new | 19,456 | $2M | 1.7% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 16,875 | $2M | 1.5% | 2026-Q2 |
| LPL Financial LLC added | 16,252 | $2M | 1.4% | 2026-Q2 |
| Hennion & Walsh Asset Management, Inc. added | 13,842 | $1M | 1.2% | 2026-Q2 |
| Family Manage LLC new | 9,610 | $999K | 0.8% | 2026-Q2 |
| Prospect Financial Services LLC new | 9,234 | $960K | 0.8% | 2026-Q2 |
| LifeGoal Investments, LLC added | 8,536 | $888K | 0.7% | 2026-Q2 |
| Creative Planning | 8,170 | $850K | 0.7% | 2026-Q2 |
| Richard C. Young & CO., LTD. new | 6,758 | $703K | 0.6% | 2026-Q2 |
| Joel Isaacson & Co., LLC added | 5,941 | $618K | 0.5% | 2026-Q2 |
| CHATHAM CAPITAL GROUP, INC. added | 5,900 | $614K | 0.5% | 2026-Q2 |
| Crestwood Advisors Group, LLC trimmed | 5,895 | $613K | 0.5% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 5,823 | $606K | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 5,750 | $598K | 0.5% | 2026-Q2 |
| Graney & King, LLC added | 5,580 | $580K | 0.5% | 2026-Q2 |
| Main Street Financial Solutions, LLC added | 5,345 | $556K | 0.5% | 2026-Q2 |
| AMERICAN FINANCIAL & TAX STRATEGIES INC | 5,000 | $520K | 0.4% | 2026-Q2 |
| Bell Investment Advisors, Inc added | 4,783 | $497K | 0.4% | 2026-Q2 |
| OLD MISSION CAPITAL LLC trimmed | 4,731 | $492K | 0.4% | 2026-Q2 |
| Parallel Advisors, LLC added | 4,461 | $464K | 0.4% | 2026-Q2 |
| Compass Planning Associates Inc | 4,357 | $453K | 0.4% | 2026-Q2 |
| Quantinno Capital Management LP new | 4,272 | $444K | 0.4% | 2026-Q2 |
| SageView Advisory Group, LLC | 4,182 | $435K | 0.4% | 2026-Q2 |
| Wealthspire Advisors, LLC | 4,119 | $428K | 0.4% | 2026-Q2 |
| Equitable Holdings, Inc. new | 4,090 | $425K | 0.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 3,851 | $401K | 0.3% | 2026-Q2 |
| MYECFO, LLC new | 3,560 | $370K | 0.3% | 2026-Q2 |
| Sandhill Capital Partners LLC new | 3,461 | $360K | 0.3% | 2026-Q2 |
| OakTrust Wealth Advisors, LLC new | 3,298 | $343K | 0.3% | 2026-Q2 |
| Strategic Advisors LLC new | 3,213 | $334K | 0.3% | 2026-Q2 |
| Two West Capital Advisors LLC added | 2,930 | $301K | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 2,851 | $297K | 0.2% | 2026-Q2 |
| CANANDAIGUA NATIONAL BANK & TRUST CO new | 2,728 | $284K | 0.2% | 2026-Q2 |
| Cetera Investment Advisers new | 2,583 | $269K | 0.2% | 2026-Q2 |
| CWA Asset Management Group, LLC new | 2,100 | $218K | 0.2% | 2026-Q2 |
| Bouchey Financial Group, Ltd. added | 2,086 | $217K | 0.2% | 2026-Q2 |
| Beacon Pointe Advisors, LLC new | 1,929 | $201K | 0.2% | 2026-Q2 |
| S.A. Mason LLC | 1,110 | $115K | 0.1% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 1,036 | $108K | 0.1% | 2026-Q2 |
| Timbuktu Capital Management, LLC new | 1,000 | $104K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN new | 200 | $21K | 0.0% | 2026-Q2 |
| MORGAN STANLEY added | 200 | $21K | 0.0% | 2026-Q2 |
| FMR LLC new | 181 | $19K | 0.0% | 2026-Q2 |
| RAFFA WEALTH MANAGEMENT, LLC new | 94 | $10K | 0.0% | 2026-Q2 |
| HighTower Advisors, LLC new | 31,501 | $3M | 2.7% | 2026-Q1 stale (1 quarter behind) |
| JOURNEY STRATEGIC WEALTH LLC new | 30,983 | $3M | 2.7% | 2026-Q1 stale (1 quarter behind) |
| Tower Research Capital LLC (TRC) new | 19,527 | $2M | 1.7% | 2026-Q1 stale (1 quarter behind) |
| OGOREK ANTHONY JOSEPH /NY/ /ADV new | 4,879 | $499K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Platt Wealth Management LLC new | 2,400 | $245K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| HRT FINANCIAL LP trimmed | 2,290 | $234K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| ARMSTRONG ADVISORY GROUP, INC new | 1,926 | $197K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Elequin Capital, LP trimmed | 1,597 | $164K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| FIDUCIARY ADVISORS, INC. added | 435 | $45K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| UBS Group AG new | 100 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Bravias Capital Group, LLC new | 3,908 | $403K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Private Advisor Group, LLC | 2,000 | $206K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| GOLDMAN SACHS GROUP INC new | 5,331 | $539K | 0.5% | 2025-Q2 stale (4 quarters behind) |
1 parent filing withheld from the table above, and from the coverage figures, to avoid listing one book twice: CANANDAIGUA NATIONAL CORP (last filed 2026-Q1, 2,728 shares) reconciles to its 1 current affiliate (2,728 shares) — 0.000% apart.
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.