Who owns 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-Q2 13F filings (latest filed 2026-08-20). 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 PAPR is one-sided between 2026-Q1 and 2026-Q2: 56 added or opened and 14 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
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 2026-Q1 and 2026-Q2, across 226 tracked filers holding PAPR, 104 increased or opened the position and 98 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 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 10
- Allworth Financial LP$34M
- US BANCORP \DE\$8M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$5M
- FIDUCIARY FINANCIAL ADVISORS$2M
- Simplicity Wealth,LLC$2M
- Caprock Group, LLC$1M
Full exits 9
- Penserra Capital Management LLC$67M
- Janney Montgomery Scott LLC$12M
- HighTower Advisors, LLC$11M
- CWM, LLC$10M
- Cambridge Investment Research Advisors, Inc.$10M
- Talon Private Wealth, LLC$5M
Largest adds
- Kestra Advisory Services, LLC$8M
- OSAIC HOLDINGS, INC.$7M
- RAYMOND JAMES FINANCIAL INC$6M
- BLAIR WILLIAM & CO/IL$5M
- LPL Financial LLC$4M
- MML INVESTORS SERVICES, LLC$3M
Largest trims
- Steward Partners Investment Advisory, LLC$3M
- COMMONWEALTH EQUITY SERVICES, LLC$1M
- Patriot Financial Group Insurance Agency, LLC$1M
- WPWealth LLP$1M
- Composition Wealth, LLC$376K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ALLIANCEBERNSTEIN L.P. trimmed | 2,363,489 | $94M | 16.0% | 2026-Q2 |
| Allworth Financial LP added | 806,553 | $34M | 5.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 711,850 | $30M | 5.1% | 2026-Q2 |
| Focus Partners Wealth trimmed | 438,313 | $18M | 3.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 423,425 | $18M | 3.0% | 2026-Q2 |
| LPL Financial LLC added | 387,680 | $16M | 2.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 384,554 | $16M | 2.8% | 2026-Q2 |
| Composition Wealth, LLC trimmed | 383,208 | $16M | 2.7% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL added | 351,283 | $15M | 2.5% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 327,187 | $14M | 2.3% | 2026-Q2 |
| Cetera Investment Advisers added | 279,841 | $12M | 2.0% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 272,486 | $12M | 2.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 260,839 | $11M | 1.9% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 237,192 | $10M | 1.7% | 2026-Q2 |
| Bedel Financial Consulting, Inc. trimmed | 235,808 | $10M | 1.7% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 226,793 | $10M | 1.6% | 2026-Q2 |
| Bellwether Advisors, LLC added | 218,580 | $9M | 1.6% | 2026-Q2 |
| Southland Equity Partners LLC trimmed | 211,374 | $9M | 1.5% | 2026-Q2 |
| Cassady Wealth & Retirement Planning, LLC trimmed | 209,705 | $9M | 1.5% | 2026-Q2 |
| US BANCORP \DE\ new | 200,003 | $8M | 1.4% | 2026-Q2 |
| AA Financial Advisors, LLC trimmed | 198,247 | $8M | 1.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 183,356 | $8M | 1.3% | 2026-Q2 |
| Triad Wealth Partners, LLC added | 177,922 | $8M | 1.3% | 2026-Q2 |
| Tradition Wealth Management, LLC trimmed | 176,095 | $7M | 1.3% | 2026-Q2 |
| Brookstone Capital Management trimmed | 149,313 | $6M | 1.1% | 2026-Q2 |
| GILL CAPITAL PARTNERS, LLC trimmed | 144,267 | $6M | 1.0% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 130,366 | $6M | 0.9% | 2026-Q2 |
| Signal Advisors Wealth, LLC trimmed | 126,529 | $5M | 0.9% | 2026-Q2 |
| Rothschild Wealth LLC trimmed | 125,832 | $5M | 0.9% | 2026-Q2 |
| Elmwood Wealth Management, Inc. trimmed | 123,864 | $5M | 0.9% | 2026-Q2 |
| Forvis Mazars Wealth Advisors, LLC trimmed | 121,679 | $5M | 0.9% | 2026-Q2 |
| CoreCap Advisors, LLC added | 114,078 | $5M | 0.8% | 2026-Q2 |
| Pinnacle Wealth Management Group, Inc. trimmed | 110,081 | $5M | 0.8% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 107,446 | $5M | 0.8% | 2026-Q2 |
| CORRADO ADVISORS, LLC added | 105,354 | $4M | 0.8% | 2026-Q2 |
| MTM FINANCIAL GROUP, LLC added | 101,843 | $4M | 0.7% | 2026-Q2 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 93,359 | $4M | 0.7% | 2026-Q2 |
| Keating Financial Advisory Services, Inc. added | 86,435 | $4M | 0.6% | 2026-Q2 |
| KFG WEALTH MANAGEMENT, LLC added | 85,805 | $4M | 0.6% | 2026-Q2 |
| WPWealth LLP trimmed | 82,889 | $3M | 0.6% | 2026-Q2 |
| Nikulski Financial, Inc. trimmed | 81,818 | $3M | 0.6% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 80,214 | $3M | 0.6% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 77,245 | $3M | 0.6% | 2026-Q2 |
| World Investment Advisors trimmed | 77,018 | $3M | 0.5% | 2026-Q2 |
| CRA Financial Services, LLC trimmed | 76,979 | $3M | 0.6% | 2026-Q2 |
| Advisory Alpha, LLC added | 75,972 | $3M | 0.5% | 2026-Q2 |
| MAI Capital Management added | 72,748 | $3M | 0.5% | 2026-Q2 |
| Diligent Investors, LLC trimmed | 70,778 | $3M | 0.5% | 2026-Q2 |
| Cerity Partners LLC added | 69,598 | $3M | 0.5% | 2026-Q2 |
| CreativeOne Wealth, LLC added | 65,322 | $3M | 0.5% | 2026-Q2 |
| AdvisorNet Financial, Inc trimmed | 62,506 | $3M | 0.4% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 58,495 | $2M | 0.4% | 2026-Q2 |
| COFG Advisors, LLC trimmed | 57,384 | $2M | 0.4% | 2026-Q2 |
| Blue Water Asset Management trimmed | 53,683 | $2M | 0.4% | 2026-Q2 |
| Simplicity Wealth,LLC new | 52,282 | $2M | 0.4% | 2026-Q2 |
| NewEdge Advisors, LLC added | 52,007 | $2M | 0.4% | 2026-Q2 |
| Trek Financial, LLC added | 50,558 | $2M | 0.4% | 2026-Q2 |
| Cresset Asset Management, LLC added | 50,358 | $2M | 0.4% | 2026-Q2 |
| Fortune Financial Group, Inc. added | 49,288 | $2M | 0.4% | 2026-Q2 |
| HB Wealth Management, LLC added | 47,555 | $2M | 0.3% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 47,517 | $2M | 0.3% | 2026-Q2 |
| Atria Investments, Inc trimmed | 45,967 | $2M | 0.3% | 2026-Q2 |
| BFI Wealth Solutions, LLC trimmed | 45,918 | $2M | 0.3% | 2026-Q2 |
| BCS Wealth Management trimmed | 45,522 | $2M | 0.3% | 2026-Q2 |
| Mutual Advisors, LLC added | 44,745 | $2M | 0.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 42,625 | $2M | 0.3% | 2026-Q2 |
| SFMG, LLC trimmed | 42,481 | $2M | 0.3% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 40,387 | $2M | 0.3% | 2026-Q2 |
| Creative Planning added | 40,364 | $2M | 0.3% | 2026-Q2 |
| Apollon Wealth Management, LLC trimmed | 38,697 | $2M | 0.3% | 2026-Q2 |
| Patriot Financial Group Insurance Agency, LLC trimmed | 38,341 | $2M | 0.3% | 2026-Q2 |
| EVERMAY WEALTH MANAGEMENT LLC trimmed | 37,588 | $2M | 0.3% | 2026-Q2 |
| Selby Wealth Management, LLC trimmed | 36,535 | $2M | 0.3% | 2026-Q2 |
| Castle Rock Wealth Management, LLC trimmed | 34,109 | $1M | 0.2% | 2026-Q2 |
| Chris Bulman Inc added | 34,050 | $1M | 0.2% | 2026-Q2 |
| AE Wealth Management LLC added | 33,042 | $1M | 0.2% | 2026-Q2 |
| RED CRANE WEALTH MANAGEMENT, LLC added | 32,871 | $1M | 0.2% | 2026-Q2 |
| Dakota Wealth Management added | 32,800 | $1M | 0.2% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. trimmed | 32,756 | $1M | 0.2% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 32,416 | $1M | 0.2% | 2026-Q2 |
| Vantage Point Financial LLC added | 31,656 | $1M | 0.2% | 2026-Q2 |
| Jacobi Capital Management LLC | 31,246 | $1M | 0.2% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 31,058 | $1M | 0.2% | 2026-Q2 |
| Straight Path Wealth Management added | 31,026 | $1M | 0.2% | 2026-Q2 |
| RFG Advisory, LLC trimmed | 30,478 | $1M | 0.2% | 2026-Q2 |
| Lineweaver Wealth Advisors, LLC added | 30,475 | $1M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 30,174 | $1M | 0.2% | 2026-Q2 |
| Spire Wealth Management trimmed | 29,166 | $1M | 0.2% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 28,373 | $1M | 0.2% | 2026-Q2 |
| WealthPlan Investment Management, LLC added | 28,004 | $1M | 0.2% | 2026-Q2 |
| Cornerstone Wealth, LLC/TN added | 27,838 | $1M | 0.2% | 2026-Q2 |
| IFP Advisors, Inc added | 27,713 | $1M | 0.2% | 2026-Q2 |
| Weaver Consulting Group added | 25,218 | $1M | 0.2% | 2026-Q2 |
| Caprock Group, LLC trimmed | 24,969 | $1M | 0.2% | 2026-Q2 |
| Continuum Advisory, LLC | 24,739 | $1M | 0.2% | 2026-Q2 |
| FSA Advisors, Inc. trimmed | 24,392 | $1M | 0.2% | 2026-Q2 |
| Belpointe Asset Management LLC added | 24,357 | $1M | 0.2% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC trimmed | 23,865 | $1M | 0.2% | 2026-Q2 |
| WEALTH ALLIANCE, LLC added | 23,617 | $997K | 0.2% | 2026-Q2 |
| Prairie Wealth Advisors, Inc. | 0 | $2M | 0.3% | 2026-Q2 |
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.