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Institutional Ownership · SEC Form 13F

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.

218
Institutional holders
16,181,432
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
ALLIANCEBERNSTEIN L.P. added2,399,563$94M14.6%2026-Q1
Penserra Capital Management LLC added1,683,208$67M10.5%2026-Q1
OSAIC HOLDINGS, INC. trimmed583,890$23M3.6%2026-Q1
Focus Partners Wealth added458,896$18M2.8%2026-Q1
Composition Wealth, LLC trimmed415,761$17M2.6%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added360,066$14M2.2%2026-Q1
LPL Financial LLC added314,737$13M2.0%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed313,015$12M1.9%2026-Q1
Janney Montgomery Scott LLC added303,265$12M1.9%2026-Q1
RAYMOND JAMES FINANCIAL INC added299,223$12M1.9%2026-Q1
Cetera Investment Advisers trimmed274,942$11M1.7%2026-Q1
HighTower Advisors, LLC added271,858$11M1.7%2026-Q1
CWM, LLC trimmed262,741$10M1.6%2026-Q1
Cambridge Investment Research Advisors, Inc. added253,484$10M1.6%2026-Q1
BLAIR WILLIAM & CO/IL trimmed252,339$10M1.6%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added250,255$10M1.6%2026-Q1
Bedel Financial Consulting, Inc. trimmed235,927$9M1.5%2026-Q1
Beacon Pointe Advisors, LLC added219,775$9M1.4%2026-Q1
Cassady Wealth & Retirement Planning, LLC added210,051$9M1.4%2026-Q1
Southland Equity Partners LLC trimmed211,773$8M1.3%2026-Q1
Bellwether Advisors, LLC added211,427$8M1.3%2026-Q1
AA Financial Advisors, LLC trimmed206,504$8M1.3%2026-Q1
Orion Porfolio Solutions, LLC trimmed195,167$8M1.2%2026-Q1
Tradition Wealth Management, LLC trimmed182,132$7M1.1%2026-Q1
Triad Wealth Partners, LLC added172,043$7M1.1%2026-Q1
Brookstone Capital Management trimmed154,037$6M1.0%2026-Q1
Kestra Advisory Services, LLC trimmed148,908$6M0.9%2026-Q1
GILL CAPITAL PARTNERS, LLC trimmed144,492$6M0.9%2026-Q1
TRUIST FINANCIAL CORP added144,176$6M0.9%2026-Q1
Forvis Mazars Wealth Advisors, LLC trimmed133,368$5M0.8%2026-Q1
Signal Advisors Wealth, LLC added130,889$5M0.8%2026-Q1
Talon Private Wealth, LLC added130,889$5M0.8%2026-Q1
Rothschild Wealth LLC added128,644$5M0.8%2026-Q1
Elmwood Wealth Management, Inc. added127,902$5M0.8%2026-Q1
MML INVESTORS SERVICES, LLC trimmed122,168$5M0.8%2026-Q1
WPWealth LLP added117,413$5M0.7%2026-Q1
Pinnacle Wealth Management Group, Inc. trimmed112,506$4M0.7%2026-Q1
CoreCap Advisors, LLC added107,068$4M0.7%2026-Q1
Nikulski Financial, Inc. trimmed89,003$4M0.6%2026-Q1
FOUNDERS FINANCIAL SECURITIES LLC added82,392$3M0.5%2026-Q1
Steward Partners Investment Advisory, LLC added84,157$3M0.5%2026-Q1
Keating Financial Advisory Services, Inc. trimmed82,611$3M0.5%2026-Q1
World Investment Advisors added81,139$3M0.5%2026-Q1
CRA Financial Services, LLC added77,589$3M0.5%2026-Q1
HARBOUR INVESTMENTS, INC. added74,763$3M0.5%2026-Q1
Patriot Financial Group Insurance Agency, LLC added71,686$3M0.4%2026-Q1
Diligent Investors, LLC trimmed71,183$3M0.4%2026-Q1
KFG WEALTH MANAGEMENT, LLC added70,973$3M0.4%2026-Q1
Farther Finance Advisors, LLC added70,292$3M0.4%2026-Q1
MAI Capital Management trimmed69,828$3M0.4%2026-Q1
CORRADO ADVISORS, LLC trimmed64,371$3M0.4%2026-Q1
AdvisorNet Financial, Inc62,686$2M0.4%2026-Q1
CreativeOne Wealth, LLC added60,234$2M0.4%2026-Q1
COFG Advisors, LLC trimmed57,393$2M0.4%2026-Q1
Blue Water Asset Management added53,803$2M0.3%2026-Q1
LeClair Wealth Partners LLC new53,803$2M0.3%2026-Q1
Cerity Partners LLC added50,518$2M0.3%2026-Q1
Advisory Alpha, LLC trimmed49,593$2M0.3%2026-Q1
Atria Investments, Inc added47,385$2M0.3%2026-Q1
SFMG, LLC trimmed47,295$2M0.3%2026-Q1
Cresset Asset Management, LLC trimmed47,151$2M0.3%2026-Q1
BFI Wealth Solutions, LLC added46,501$2M0.3%2026-Q1
BCS Wealth Management trimmed45,978$2M0.3%2026-Q1
Trek Financial, LLC added45,482$2M0.3%2026-Q1
OneDigital Investment Advisors LLC trimmed43,843$2M0.3%2026-Q1
Mutual Advisors, LLC trimmed42,101$2M0.3%2026-Q1
CAPTRUST FINANCIAL ADVISORS trimmed41,749$2M0.3%2026-Q1
BENJAMIN EDWARDS INC added40,912$2M0.3%2026-Q1
Apollon Wealth Management, LLC added39,071$2M0.2%2026-Q1
EVERMAY WEALTH MANAGEMENT LLC trimmed37,808$2M0.2%2026-Q1
Prairie Wealth Advisors, Inc.0$1M0.2%2026-Q1
Selby Wealth Management, LLC36,635$1M0.2%2026-Q1
Creative Planning added35,890$1M0.2%2026-Q1
Fortune Financial Group, Inc. added34,823$1M0.2%2026-Q1
Castle Rock Wealth Management, LLC34,579$1M0.2%2026-Q1
DHJJ Financial Advisors, Ltd. trimmed33,906$1M0.2%2026-Q1
Advisory Services Network, LLC added33,134$1M0.2%2026-Q1
Chris Bulman Inc added33,073$1M0.2%2026-Q1
RED CRANE WEALTH MANAGEMENT, LLC trimmed32,581$1M0.2%2026-Q1
CENTAURUS FINANCIAL, INC. trimmed32,458$1M0.2%2026-Q1
RFG Advisory, LLC trimmed32,016$1M0.2%2026-Q1
Jacobi Capital Management LLC31,246$1M0.2%2026-Q1
Straight Path Wealth Management added30,577$1M0.2%2026-Q1
Spire Wealth Management trimmed29,321$1M0.2%2026-Q1
Cornerstone Wealth, LLC/TN new27,641$1M0.2%2026-Q1
Merit Financial Group, LLC trimmed28,642$1M0.2%2026-Q1
WealthPlan Investment Management, LLC added27,080$1M0.2%2026-Q1
JANE STREET GROUP, LLC added403,965$15M2.4%2025-Q3 stale
Kovitz Investment Group Partners, LLC trimmed266,564$10M1.6%2025-Q3 stale
Orion Portfolio Solutions, LLC added187,821$7M1.0%2025-Q1 stale
Motiv8 Investments LLC trimmed147,421$6M0.9%2025-Q4 stale
Siligmueller & Norvid Wealth Advisors LLC trimmed142,606$5M0.8%2025-Q2 stale
Heritage Wealth Partners, LLC new74,111$3M0.4%2025-Q1 stale
STEPHENS INC /AR/ trimmed67,695$3M0.4%2025-Q2 stale
BROWN WEALTH MANAGEMENT, LLC trimmed43,646$2M0.3%2025-Q3 stale
Atria Wealth Solutions, Inc. added36,889$1M0.2%2025-Q2 stale
Bullseye Investment Management, LLC37,031$1M0.2%2025-Q3 stale
John W. Brooker & Co., CPAs trimmed36,950$1M0.2%2025-Q1 stale
MACROVIEW INVESTMENT MANAGEMENT LLC added33,773$1M0.2%2025-Q3 stale
Bison Wealth, LLC added34,535$1M0.2%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.

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