Who owns PAB (PAB)
Which tracked institutional funds hold PAB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PAB 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
The tracked-fund tape on PAB is one-sided between 2025-Q4 and 2026-Q1: 10 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
PAB’s largest tracked holder by dollar value, Larson Financial Group LLC, sizes it at 1.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PAB 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 19 tracked filers holding PAB, 15 increased or opened the position and 8 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 PAB 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 6
- SAGESPRING WEALTH PARTNERS, LLC$9M
- JPMORGAN CHASE & CO$9M
- Advisory Resource Group$5M
- Steward Partners Investment Advisory, LLC$4M
- GOLDMAN SACHS GROUP INC$1M
- JANE STREET GROUP, LLC$702K
Largest adds
- Larson Financial Group LLC$6M
- JONES FINANCIAL COMPANIES LLLP$1M
- Intrua Financial, LLC$810K
- CITADEL ADVISORS LLC$650K
Largest trims
- PRUDENTIAL FINANCIAL INC$21M
- FLOW TRADERS U.S. LLC$1M
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 |
|---|---|---|---|---|
| Larson Financial Group LLC added | 826,698 | $35M | 32.6% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 464,908 | $20M | 18.4% | 2026-Q1 |
| SAGESPRING WEALTH PARTNERS, LLC new | 213,246 | $9M | 8.4% | 2026-Q1 |
| JPMORGAN CHASE & CO new | 208,557 | $9M | 8.2% | 2026-Q1 |
| Coign Capital Advisors LLC added | 180,682 | $8M | 7.1% | 2026-Q1 |
| Intrua Financial, LLC added | 172,282 | $7M | 6.8% | 2026-Q1 |
| Advisory Resource Group added | 123,196 | $5M | 4.9% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC new | 82,698 | $4M | 3.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 47,539 | $2M | 1.9% | 2026-Q1 |
| LPL Financial LLC trimmed | 45,681 | $2M | 1.8% | 2026-Q1 |
| Cetera Investment Advisers added | 40,942 | $2M | 1.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 34,891 | $1M | 1.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 27,101 | $1M | 1.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 16,581 | $702K | 0.7% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 12,488 | $529K | 0.5% | 2026-Q1 |
| Evergreen Wealth Partners LLC added | 11,954 | $506K | 0.5% | 2026-Q1 |
| FLOW TRADERS U.S. LLC trimmed | 9,396 | $398K | 0.4% | 2026-Q1 |
| CORA CAPITAL ADVISORS LLC trimmed | 7,249 | $307K | 0.3% | 2026-Q1 |
| MPWM ADVISORY SOLUTIONS, LLC new | 1,860 | $79K | 0.1% | 2026-Q1 |
| Strategic Financial Partners, Ltd. trimmed | 5,358 | $229K | 0.2% | 2025-Q4 stale |
| UBS Group AG added | 127 | $5K | 0.0% | 2025-Q4 stale |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 19 | $2K | 0.0% | 2025-Q4 stale |
| MORGAN STANLEY new | 2 | $126 | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale |
| ROYAL BANK OF CANADA trimmed | 2 | — | 0.0% | 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.