Who owns PAVE
Which tracked institutional funds hold PAVE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PAVE company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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 PAVE is one-sided between 2026-Q1 and 2026-Q2: 298 added or opened and 46 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
PAVE’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.3pp gap the other way — the median holder sizes PAVE more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in PAVE 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 788 tracked filers holding PAVE, 452 increased or opened the position and 256 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 PAVE 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 42
- Composition Wealth, LLC$43M
- Pacific Life Fund Advisors LLC$35M
- Rockport Wealth LLC$22M
- Tidal Investments LLC$18M
- NewEdge Advisors, LLC$8M
- San Luis Wealth Advisors LLC$7M
Full exits 29
- Harel Insurance Investments & Financial Services Ltd.$454M
- Clal Insurance Enterprises Holdings Ltd$95M
- HighTower Advisors, LLC$43M
- Cambridge Investment Research Advisors, Inc.$24M
- CWM, LLC$23M
- Thrivent Financial for Lutherans$22M
Largest adds
- BANK OF MONTREAL /CAN/$213M
- BANK OF AMERICA CORP /DE/$188M
- Focus Partners Wealth$150M
- MORGAN STANLEY$144M
- LPL Financial LLC$126M
- MEITAV INVESTMENT HOUSE LTD$105M
Largest trims
- JPMORGAN CHASE & CO$52M
- Kestra Investment Management, LLC$40M
- VAN ECK ASSOCIATES CORP$30M
- Eagle Strategies LLC$6M
- MERCER GLOBAL ADVISORS INC /ADV$6M
- WCG Wealth 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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 25,173,381 | $1.5B | 15.6% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 24,488,508 | $1.4B | 15.2% | 2026-Q2 |
| MORGAN STANLEY added | 11,645,278 | $686M | 7.2% | 2026-Q2 |
| LPL Financial LLC added | 9,616,218 | $567M | 6.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 5,089,117 | $300M | 3.2% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 4,495,049 | $263M | 2.8% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 4,214,610 | $248M | 2.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 3,597,436 | $212M | 2.2% | 2026-Q2 |
| Focus Partners Wealth added | 3,061,202 | $180M | 1.9% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD added | 2,832,025 | $167M | 1.8% | 2026-Q2 |
| RiverFront Investment Group, LLC added | 2,722,598 | $160M | 1.7% | 2026-Q2 |
| UBS Group AG trimmed | 2,365,466 | $139M | 1.5% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 2,326,475 | $137M | 1.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 2,228,495 | $131M | 1.4% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,969,091 | $116M | 1.2% | 2026-Q2 |
| WADDELL & ASSOCIATES, LLC trimmed | 1,964,140 | $116M | 1.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,861,776 | $110M | 1.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,856,098 | $109M | 1.2% | 2026-Q2 |
| Moss Adams Wealth Advisors LLC added | 1,847,570 | $109M | 1.1% | 2026-Q2 |
| Cetera Investment Advisers added | 1,699,405 | $100M | 1.1% | 2026-Q2 |
| Kestra Investment Management, LLC trimmed | 1,646,301 | $97M | 1.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,406,849 | $83M | 0.9% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC added | 1,058,974 | $62M | 0.7% | 2026-Q2 |
| Capital Asset Advisory Services LLC added | 1,028,101 | $61M | 0.6% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 1,023,893 | $60M | 0.6% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,006,445 | $59M | 0.6% | 2026-Q2 |
| EVERGREEN CAPITAL MANAGEMENT LLC added | 918,222 | $54M | 0.6% | 2026-Q2 |
| Mariner, LLC trimmed | 878,989 | $52M | 0.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 844,313 | $50M | 0.5% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP trimmed | 782,638 | $46M | 0.5% | 2026-Q2 |
| First Interstate Bank trimmed | 755,645 | $45M | 0.5% | 2026-Q2 |
| EP Wealth Advisors, LLC trimmed | 743,811 | $44M | 0.5% | 2026-Q2 |
| Composition Wealth, LLC new | 728,078 | $43M | 0.5% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. added | 703,288 | $41M | 0.4% | 2026-Q2 |
| Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD | 647,770 | $38M | 0.4% | 2026-Q2 |
| Destination Wealth Management trimmed | 621,076 | $37M | 0.4% | 2026-Q2 |
| Evolution Wealth Advisors, LLC added | 609,894 | $36M | 0.4% | 2026-Q2 |
| Pacific Life Fund Advisors LLC new | 594,414 | $35M | 0.4% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 577,813 | $34M | 0.4% | 2026-Q2 |
| Cooper Financial Group added | 576,388 | $34M | 0.4% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 570,265 | $34M | 0.4% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 501,911 | $30M | 0.3% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 493,294 | $29M | 0.3% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 472,633 | $28M | 0.3% | 2026-Q2 |
| Equitable Holdings, Inc. added | 449,071 | $26M | 0.3% | 2026-Q2 |
| Teamwork Financial Advisors, LLC added | 403,005 | $24M | 0.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 397,534 | $23M | 0.2% | 2026-Q2 |
| 360 Financial, Inc. trimmed | 374,735 | $22M | 0.2% | 2026-Q2 |
| Rockport Wealth LLC new | 367,703 | $22M | 0.2% | 2026-Q2 |
| MFA WEALTH ADVISORS, LLC trimmed | 327,596 | $19M | 0.2% | 2026-Q2 |
| Riggs Asset Managment Co. Inc. trimmed | 321,358 | $19M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 320,363 | $19M | 0.2% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL added | 316,206 | $19M | 0.2% | 2026-Q2 |
| Tidal Investments LLC added | 312,551 | $18M | 0.2% | 2026-Q2 |
| HBW ADVISORY SERVICES LLC added | 287,085 | $17M | 0.2% | 2026-Q2 |
| Gerber Kawasaki Wealth & Investment Management trimmed | 274,009 | $16M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 267,076 | $16M | 0.2% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 265,157 | $16M | 0.2% | 2026-Q2 |
| Destiny Wealth Partners, LLC trimmed | 267,397 | $15M | 0.2% | 2026-Q2 |
| ALTFEST L J & CO INC trimmed | 253,259 | $15M | 0.2% | 2026-Q2 |
| MAI Capital Management added | 246,013 | $15M | 0.2% | 2026-Q2 |
| Robertson Stephens Wealth Management, LLC trimmed | 244,424 | $14M | 0.2% | 2026-Q2 |
| Eagle Strategies LLC trimmed | 239,684 | $14M | 0.1% | 2026-Q2 |
| Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD | 229,190 | $14M | 0.1% | 2026-Q2 |
| Symphony Financial Services, Inc. added | 217,871 | $13M | 0.1% | 2026-Q2 |
| New England Private Wealth Advisors LLC added | 220,583 | $13M | 0.1% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC added | 214,811 | $13M | 0.1% | 2026-Q2 |
| Sage Capital Management, LLC added | 213,126 | $13M | 0.1% | 2026-Q2 |
| Wealthcare Advisory Partners LLC added | 211,492 | $12M | 0.1% | 2026-Q2 |
| ADAPT WEALTH ADVISORS, LLC trimmed | 210,835 | $12M | 0.1% | 2026-Q2 |
| Chicago Wealth Management, Inc. added | 200,760 | $12M | 0.1% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 199,180 | $12M | 0.1% | 2026-Q2 |
| Investors Research Corp added | 194,312 | $11M | 0.1% | 2026-Q2 |
| National Philanthropic Trust added | 192,783 | $11M | 0.1% | 2026-Q2 |
| JMAC ENTERPRISES LLC trimmed | 192,070 | $11M | 0.1% | 2026-Q2 |
| Financial Partners Group, Inc trimmed | 183,114 | $11M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 181,068 | $11M | 0.1% | 2026-Q2 |
| THRYVE WEALTH MANAGEMENT LLC added | 173,705 | $10M | 0.1% | 2026-Q2 |
| VALLEY WEALTH MANAGERS, INC. added | 168,842 | $10M | 0.1% | 2026-Q2 |
| Clarus Group, Inc. trimmed | 168,759 | $10M | 0.1% | 2026-Q2 |
| Cascade Financial Partners, LLC added | 167,112 | $10M | 0.1% | 2026-Q2 |
| Aptus Capital Advisors, LLC added | 166,066 | $10M | 0.1% | 2026-Q2 |
| IHT Wealth Management, LLC trimmed | 164,041 | $10M | 0.1% | 2026-Q2 |
| Quadrant Private Wealth Management, LLC added | 153,589 | $9M | 0.1% | 2026-Q2 |
| &PARTNERS added | 150,459 | $9M | 0.1% | 2026-Q2 |
| Y.D. More Investments Ltd added | 149,999 | $9M | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 147,572 | $9M | 0.1% | 2026-Q2 |
| Harel Insurance Investments & Financial Services Ltd. added | 8,938,139 | $454M | 4.8% | 2026-Q1 stale |
| CIBC Private Wealth Group LLC added | 3,652,125 | $175M | 1.8% | 2025-Q4 stale |
| Clal Insurance Enterprises Holdings Ltd | 1,871,750 | $95M | 1.0% | 2026-Q1 stale |
| CW Advisors, LLC added | 1,401,130 | $61M | 0.6% | 2025-Q2 stale |
| HighTower Advisors, LLC added | 837,150 | $43M | 0.4% | 2026-Q1 stale |
| Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) added | 731,000 | $28M | 0.3% | 2025-Q1 stale |
| Cambridge Investment Research Advisors, Inc. added | 479,784 | $24M | 0.3% | 2026-Q1 stale |
| CWM, LLC added | 460,523 | $23M | 0.2% | 2026-Q1 stale |
| Thrivent Financial for Lutherans trimmed | 440,804 | $22M | 0.2% | 2026-Q1 stale |
| Janney Montgomery Scott LLC added | 380,581 | $19M | 0.2% | 2026-Q1 stale |
| Vishria Bird Financial Group, LLC trimmed | 302,058 | $14M | 0.2% | 2025-Q3 stale |
| PRUDENTIAL PLC trimmed | 285,900 | $12M | 0.1% | 2025-Q2 stale |
| OGOREK ANTHONY JOSEPH /NY/ /ADV added | 230,453 | $11M | 0.1% | 2026-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.
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.