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Institutional Ownership · SEC Form 13F

Who owns PAAA (PAAA)


Which tracked institutional funds hold PAAA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PAAA 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.

231
Institutional holders
121,254,679
Shares held (tracked funds)

How the tape is positioned

94 tracked funds added or opened PAAA while 34 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

PAAA’s largest tracked holder by dollar value, PRUDENTIAL FINANCIAL INC, sizes it at 2.8% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 2.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in PAAA 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 231 tracked filers holding PAAA, 163 increased or opened the position and 80 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 PAAA 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 28

  • Allianz SE$543M
  • SEI INVESTMENTS CO$312M
  • Corebridge Financial, Inc.$206M
  • WNY Asset Management, LLC$17M
  • WealthPlan Investment Management, LLC$16M
  • Beacon Pointe Advisors, LLC$9M

Full exits 7

  • Tower Research Capital LLC (TRC)$12M
  • Running Point Capital Advisors, LLC$7M
  • Main Street Financial Solutions, LLC$3M
  • GOLDMAN SACHS GROUP INC$2M
  • HM PAYSON & CO$2M
  • J.W. COLE ADVISORS, INC.$1M

Largest adds

  • ROYAL BANK OF CANADA$182M
  • BANK OF AMERICA CORP /DE/$69M
  • ENVESTNET ASSET MANAGEMENT INC$47M
  • LPL Financial LLC$41M
  • AMERIPRISE FINANCIAL INC$35M
  • JONES FINANCIAL COMPANIES LLLP$35M

Largest trims

  • PRUDENTIAL FINANCIAL INC$88M
  • INDEPENDENT FINANCIAL GROUP, LLC$27M
  • EverSource Wealth Advisors, LLC$15M
  • WealthPLAN Partners, LLC$12M
  • Ameritas Advisory Services, LLC$7M
  • UBS Group AG$7M

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).

FundSharesReported value% of valueQuarter
PRUDENTIAL FINANCIAL INC trimmed44,277,722$2.3B36.1%2026-Q1
Allianz SE new10,604,500$543M8.6%2026-Q1
BANK OF AMERICA CORP /DE/ added8,248,399$422M6.7%2026-Q1
SEI INVESTMENTS CO new6,088,840$312M5.0%2026-Q1
MORGAN STANLEY added5,037,335$258M4.1%2026-Q1
LPL Financial LLC added4,849,195$248M3.9%2026-Q1
Corebridge Financial, Inc. new4,011,314$206M3.3%2026-Q1
ROYAL BANK OF CANADA added3,868,028$198M3.1%2026-Q1
JONES FINANCIAL COMPANIES LLLP added3,127,790$161M2.6%2026-Q1
WELLS FARGO & COMPANY/MN added2,620,622$134M2.1%2026-Q1
AMERIPRISE FINANCIAL INC added2,083,226$107M1.7%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added1,415,123$72M1.2%2026-Q1
Rockefeller Capital Management L.P. added1,223,679$63M1.0%2026-Q1
NORDEN GROUP LLC trimmed1,210,899$62M1.0%2026-Q1
RAYMOND JAMES FINANCIAL INC added1,210,048$62M1.0%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added1,203,448$62M1.0%2026-Q1
UBS Group AG trimmed1,202,149$62M1.0%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added1,061,709$54M0.9%2026-Q1
JPMORGAN CHASE & CO trimmed1,032,296$53M0.8%2026-Q1
INDEPENDENT FINANCIAL GROUP, LLC trimmed956,823$49M0.8%2026-Q1
Pine Harbor Wealth Management, LLC added740,429$38M0.6%2026-Q1
Cambridge Investment Research Advisors, Inc. added538,311$28M0.4%2026-Q1
Steward Partners Investment Advisory, LLC added507,886$26M0.4%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC added501,811$26M0.4%2026-Q1
Main Street Group, LTD added457,211$23M0.4%2026-Q1
POTENTIA WEALTH added439,923$23M0.4%2026-Q1
OSAIC HOLDINGS, INC. trimmed426,225$22M0.3%2026-Q1
Cetera Investment Advisers added394,066$20M0.3%2026-Q1
TRUIST FINANCIAL CORP added385,949$20M0.3%2026-Q1
Fiduciary Group, LLC added371,793$19M0.3%2026-Q1
Kestra Advisory Services, LLC added353,663$18M0.3%2026-Q1
Sanctuary Advisors, LLC added348,677$18M0.3%2026-Q1
U.S. Capital Wealth Advisors, LLC added345,542$18M0.3%2026-Q1
Addison Capital Co added327,947$17M0.3%2026-Q1
WNY Asset Management, LLC added322,914$17M0.3%2026-Q1
WealthPlan Investment Management, LLC new314,049$16M0.3%2026-Q1
Ameritas Advisory Services, LLC trimmed304,930$16M0.2%2026-Q1
AdvisorNet Financial, Inc added304,061$16M0.2%2026-Q1
HighTower Advisors, LLC trimmed289,228$15M0.2%2026-Q1
Nilsine Partners, LLC trimmed275,873$14M0.2%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed245,061$13M0.2%2026-Q1
COMMUNITY TRUST & INVESTMENT CO added244,168$12M0.2%2026-Q1
Tanglewood Legacy Advisors, LLC added223,556$11M0.2%2026-Q1
LEVEL FOUR ADVISORY SERVICES, LLC added221,793$11M0.2%2026-Q1
Hartford Financial Management Inc. added194,021$10M0.2%2026-Q1
Inscription Capital, LLC added176,076$9M0.1%2026-Q1
Asset Allocation Strategies LLC added174,110$9M0.1%2026-Q1
Beacon Pointe Advisors, LLC new172,255$9M0.1%2026-Q1
BASSO CAPITAL MANAGEMENT, L.P. added169,943$9M0.1%2026-Q1
FLAGSHIP HARBOR ADVISORS, LLC trimmed161,270$8M0.1%2026-Q1
Baird Financial Group, Inc. added159,067$8M0.1%2026-Q1
Private Advisor Group, LLC added156,951$8M0.1%2026-Q1
Kestra Investment Management, LLC new154,021$8M0.1%2026-Q1
Redhawk Wealth Advisors, Inc. trimmed147,735$8M0.1%2026-Q1
Janney Montgomery Scott LLC added138,977$7M0.1%2026-Q1
Ballast Rock Private Wealth LLC added137,407$7M0.1%2026-Q1
MML INVESTORS SERVICES, LLC trimmed130,001$7M0.1%2026-Q1
TOEWS CORP /ADV trimmed127,430$7M0.1%2026-Q1
WealthPLAN Partners, LLC trimmed119,872$6M0.1%2026-Q1
MGO ONE SEVEN LLC added118,717$6M0.1%2026-Q1
NATIXIS ADVISORS, LLC added117,946$6M0.1%2026-Q1
Kingsview Wealth Management, LLC trimmed116,052$6M0.1%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added114,151$6M0.1%2026-Q1
Indie Asset Partners, LLC added110,259$6M0.1%2026-Q1
STIFEL FINANCIAL CORP trimmed109,861$6M0.1%2026-Q1
Triton Wealth Management, PLLC added109,797$6M0.1%2026-Q1
Independent Advisor Alliance added109,288$6M0.1%2026-Q1
Thrivent Financial for Lutherans added106,414$5M0.1%2026-Q1
IFP Advisors, Inc added104,471$5M0.1%2026-Q1
Cerity Partners LLC new103,673$5M0.1%2026-Q1
MIDDLETON & CO INC/MA added103,050$5M0.1%2026-Q1
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC added100,950$5M0.1%2026-Q1
Hobart Private Capital, LLC added90,119$5M0.1%2026-Q1
FIRST NATIONAL BANK OF OMAHA trimmed89,455$5M0.1%2026-Q1
Able Wealth Management LLC added88,500$5M0.1%2026-Q1
Summit Financial, LLC trimmed87,899$5M0.1%2026-Q1
Argent Trust Co added84,531$4M0.1%2026-Q1
Essex Financial Services, Inc. trimmed83,933$4M0.1%2026-Q1
Fiduciary Alliance LLC added82,027$4M0.1%2026-Q1
BANK OF MONTREAL /CAN/ added73,950$4M0.1%2026-Q1
Merit Financial Group, LLC added73,546$4M0.1%2026-Q1
Bank of New York Mellon Corp added72,079$4M0.1%2026-Q1
HBW ADVISORY SERVICES LLC added70,525$4M0.1%2026-Q1
CITADEL ADVISORS LLC trimmed66,741$3M0.1%2026-Q1
Concurrent Investment Advisors, LLC trimmed63,584$3M0.1%2026-Q1
Gotham Asset Management, LLC added62,877$3M0.1%2026-Q1
Atlas Wealth LLC trimmed60,996$3M0.0%2026-Q1
Entelevest, LLC trimmed60,903$3M0.0%2026-Q1
K2 Financial Inc. new59,765$3M0.0%2026-Q1
Mariner, LLC added58,484$3M0.0%2026-Q1
Stratos Wealth Partners, LTD. added57,826$3M0.0%2026-Q1
TOWNSQUARE CAPITAL LLC added1,669,500$86M1.4%2025-Q1 stale
RENAISSANCE TECHNOLOGIES LLC trimmed604,143$31M0.5%2025-Q3 stale
Tower Research Capital LLC (TRC) added243,237$12M0.2%2025-Q4 stale
AVANTAX ADVISORY SERVICES, INC. added217,716$11M0.2%2025-Q2 stale
Thomas J. Herzfeld Advisors, Inc. new205,593$11M0.2%2025-Q3 stale
COUNTRY CLUB BANK added159,406$8M0.1%2025-Q3 stale
Running Point Capital Advisors, LLC added127,015$7M0.1%2025-Q4 stale
Quadrature Capital Ltd added113,883$6M0.1%2025-Q2 stale
Accordant Advisory Group Inc new79,079$4M0.1%2025-Q1 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.

HoldersTotal shares

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.

Learn how to read institutional ownership