Who owns PAPR (PAPR)
Which tracked institutional funds hold PAPR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PAPR 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
32 tracked funds added or opened PAPR while 33 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
PAPR’s largest tracked holder by dollar value, ALLIANCEBERNSTEIN L.P., 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 PAPR more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in PAPR 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 218 tracked filers holding PAPR, 74 increased or opened the position and 128 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 PAPR 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
- Talon Private Wealth, LLC$5M
- LeClair Wealth Partners LLC$2M
- Cornerstone Wealth, LLC/TN$1M
- HB Wealth Management, LLC$1M
- Dakota Wealth Management$521K
Full exits 7
- Motiv8 Investments LLC$6M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- Main Street Financial Solutions, LLC$644K
- AlphaStar Capital Management, LLC$641K
- Schulz Wealth, LTD.$607K
- NATIONS FINANCIAL GROUP INC, /IA/ /ADV$561K
Largest adds
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$8M
- ALLIANCEBERNSTEIN L.P.$7M
- Focus Partners Wealth$7M
- Penserra Capital Management LLC$5M
- Cassady Wealth & Retirement Planning, LLC$5M
- Cambridge Investment Research Advisors, Inc.$4M
Largest trims
- OSAIC HOLDINGS, INC.$5M
- PRINCIPAL SECURITIES, INC.$2M
- MML INVESTORS SERVICES, LLC$2M
- Composition Wealth, LLC$2M
- BCS Wealth Management$2M
- NewEdge Advisors, LLC$2M
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 |
|---|---|---|---|---|
| ALLIANCEBERNSTEIN L.P. added | 2,399,563 | $94M | 14.6% | 2026-Q1 |
| Penserra Capital Management LLC added | 1,683,208 | $67M | 10.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 583,890 | $23M | 3.6% | 2026-Q1 |
| Focus Partners Wealth added | 458,896 | $18M | 2.8% | 2026-Q1 |
| Composition Wealth, LLC trimmed | 415,761 | $17M | 2.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 360,066 | $14M | 2.2% | 2026-Q1 |
| LPL Financial LLC added | 314,737 | $13M | 2.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 313,015 | $12M | 1.9% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 303,265 | $12M | 1.9% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 299,223 | $12M | 1.9% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 274,942 | $11M | 1.7% | 2026-Q1 |
| HighTower Advisors, LLC added | 271,858 | $11M | 1.7% | 2026-Q1 |
| CWM, LLC trimmed | 262,741 | $10M | 1.6% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 253,484 | $10M | 1.6% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL trimmed | 252,339 | $10M | 1.6% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 250,255 | $10M | 1.6% | 2026-Q1 |
| Bedel Financial Consulting, Inc. trimmed | 235,927 | $9M | 1.5% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 219,775 | $9M | 1.4% | 2026-Q1 |
| Cassady Wealth & Retirement Planning, LLC added | 210,051 | $9M | 1.4% | 2026-Q1 |
| Southland Equity Partners LLC trimmed | 211,773 | $8M | 1.3% | 2026-Q1 |
| Bellwether Advisors, LLC added | 211,427 | $8M | 1.3% | 2026-Q1 |
| AA Financial Advisors, LLC trimmed | 206,504 | $8M | 1.3% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 195,167 | $8M | 1.2% | 2026-Q1 |
| Tradition Wealth Management, LLC trimmed | 182,132 | $7M | 1.1% | 2026-Q1 |
| Triad Wealth Partners, LLC added | 172,043 | $7M | 1.1% | 2026-Q1 |
| Brookstone Capital Management trimmed | 154,037 | $6M | 1.0% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 148,908 | $6M | 0.9% | 2026-Q1 |
| GILL CAPITAL PARTNERS, LLC trimmed | 144,492 | $6M | 0.9% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 144,176 | $6M | 0.9% | 2026-Q1 |
| Forvis Mazars Wealth Advisors, LLC trimmed | 133,368 | $5M | 0.8% | 2026-Q1 |
| Signal Advisors Wealth, LLC added | 130,889 | $5M | 0.8% | 2026-Q1 |
| Talon Private Wealth, LLC added | 130,889 | $5M | 0.8% | 2026-Q1 |
| Rothschild Wealth LLC added | 128,644 | $5M | 0.8% | 2026-Q1 |
| Elmwood Wealth Management, Inc. added | 127,902 | $5M | 0.8% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 122,168 | $5M | 0.8% | 2026-Q1 |
| WPWealth LLP added | 117,413 | $5M | 0.7% | 2026-Q1 |
| Pinnacle Wealth Management Group, Inc. trimmed | 112,506 | $4M | 0.7% | 2026-Q1 |
| CoreCap Advisors, LLC added | 107,068 | $4M | 0.7% | 2026-Q1 |
| Nikulski Financial, Inc. trimmed | 89,003 | $4M | 0.6% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 82,392 | $3M | 0.5% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 84,157 | $3M | 0.5% | 2026-Q1 |
| Keating Financial Advisory Services, Inc. trimmed | 82,611 | $3M | 0.5% | 2026-Q1 |
| World Investment Advisors added | 81,139 | $3M | 0.5% | 2026-Q1 |
| CRA Financial Services, LLC added | 77,589 | $3M | 0.5% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 74,763 | $3M | 0.5% | 2026-Q1 |
| Patriot Financial Group Insurance Agency, LLC added | 71,686 | $3M | 0.4% | 2026-Q1 |
| Diligent Investors, LLC trimmed | 71,183 | $3M | 0.4% | 2026-Q1 |
| KFG WEALTH MANAGEMENT, LLC added | 70,973 | $3M | 0.4% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 70,292 | $3M | 0.4% | 2026-Q1 |
| MAI Capital Management trimmed | 69,828 | $3M | 0.4% | 2026-Q1 |
| CORRADO ADVISORS, LLC trimmed | 64,371 | $3M | 0.4% | 2026-Q1 |
| AdvisorNet Financial, Inc | 62,686 | $2M | 0.4% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 60,234 | $2M | 0.4% | 2026-Q1 |
| COFG Advisors, LLC trimmed | 57,393 | $2M | 0.4% | 2026-Q1 |
| Blue Water Asset Management added | 53,803 | $2M | 0.3% | 2026-Q1 |
| LeClair Wealth Partners LLC new | 53,803 | $2M | 0.3% | 2026-Q1 |
| Cerity Partners LLC added | 50,518 | $2M | 0.3% | 2026-Q1 |
| Advisory Alpha, LLC trimmed | 49,593 | $2M | 0.3% | 2026-Q1 |
| Atria Investments, Inc added | 47,385 | $2M | 0.3% | 2026-Q1 |
| SFMG, LLC trimmed | 47,295 | $2M | 0.3% | 2026-Q1 |
| Cresset Asset Management, LLC trimmed | 47,151 | $2M | 0.3% | 2026-Q1 |
| BFI Wealth Solutions, LLC added | 46,501 | $2M | 0.3% | 2026-Q1 |
| BCS Wealth Management trimmed | 45,978 | $2M | 0.3% | 2026-Q1 |
| Trek Financial, LLC added | 45,482 | $2M | 0.3% | 2026-Q1 |
| OneDigital Investment Advisors LLC trimmed | 43,843 | $2M | 0.3% | 2026-Q1 |
| Mutual Advisors, LLC trimmed | 42,101 | $2M | 0.3% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 41,749 | $2M | 0.3% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 40,912 | $2M | 0.3% | 2026-Q1 |
| Apollon Wealth Management, LLC added | 39,071 | $2M | 0.2% | 2026-Q1 |
| EVERMAY WEALTH MANAGEMENT LLC trimmed | 37,808 | $2M | 0.2% | 2026-Q1 |
| Prairie Wealth Advisors, Inc. | 0 | $1M | 0.2% | 2026-Q1 |
| Selby Wealth Management, LLC | 36,635 | $1M | 0.2% | 2026-Q1 |
| Creative Planning added | 35,890 | $1M | 0.2% | 2026-Q1 |
| Fortune Financial Group, Inc. added | 34,823 | $1M | 0.2% | 2026-Q1 |
| Castle Rock Wealth Management, LLC | 34,579 | $1M | 0.2% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. trimmed | 33,906 | $1M | 0.2% | 2026-Q1 |
| Advisory Services Network, LLC added | 33,134 | $1M | 0.2% | 2026-Q1 |
| Chris Bulman Inc added | 33,073 | $1M | 0.2% | 2026-Q1 |
| RED CRANE WEALTH MANAGEMENT, LLC trimmed | 32,581 | $1M | 0.2% | 2026-Q1 |
| CENTAURUS FINANCIAL, INC. trimmed | 32,458 | $1M | 0.2% | 2026-Q1 |
| RFG Advisory, LLC trimmed | 32,016 | $1M | 0.2% | 2026-Q1 |
| Jacobi Capital Management LLC | 31,246 | $1M | 0.2% | 2026-Q1 |
| Straight Path Wealth Management added | 30,577 | $1M | 0.2% | 2026-Q1 |
| Spire Wealth Management trimmed | 29,321 | $1M | 0.2% | 2026-Q1 |
| Cornerstone Wealth, LLC/TN new | 27,641 | $1M | 0.2% | 2026-Q1 |
| Merit Financial Group, LLC trimmed | 28,642 | $1M | 0.2% | 2026-Q1 |
| WealthPlan Investment Management, LLC added | 27,080 | $1M | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 403,965 | $15M | 2.4% | 2025-Q3 stale |
| Kovitz Investment Group Partners, LLC trimmed | 266,564 | $10M | 1.6% | 2025-Q3 stale |
| Orion Portfolio Solutions, LLC added | 187,821 | $7M | 1.0% | 2025-Q1 stale |
| Motiv8 Investments LLC trimmed | 147,421 | $6M | 0.9% | 2025-Q4 stale |
| Siligmueller & Norvid Wealth Advisors LLC trimmed | 142,606 | $5M | 0.8% | 2025-Q2 stale |
| Heritage Wealth Partners, LLC new | 74,111 | $3M | 0.4% | 2025-Q1 stale |
| STEPHENS INC /AR/ trimmed | 67,695 | $3M | 0.4% | 2025-Q2 stale |
| BROWN WEALTH MANAGEMENT, LLC trimmed | 43,646 | $2M | 0.3% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. added | 36,889 | $1M | 0.2% | 2025-Q2 stale |
| Bullseye Investment Management, LLC | 37,031 | $1M | 0.2% | 2025-Q3 stale |
| John W. Brooker & Co., CPAs trimmed | 36,950 | $1M | 0.2% | 2025-Q1 stale |
| MACROVIEW INVESTMENT MANAGEMENT LLC added | 33,773 | $1M | 0.2% | 2025-Q3 stale |
| Bison Wealth, LLC added | 34,535 | $1M | 0.2% | 2025-Q2 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.