Who owns PAXS
Which tracked institutional funds hold PAXS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PAXS 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
8 tracked funds added or opened PAXS while 10 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
PAXS’s largest tracked holder by dollar value, WELLS FARGO & COMPANY/MN, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PAXS 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 63 tracked filers holding PAXS, 28 increased or opened the position and 33 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 PAXS 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 2
- Penserra Capital Management LLC$18M
- RIVERNORTH CAPITAL MANAGEMENT, LLC$1M
Full exits 1
- SOL Capital Management CO$23M
Largest adds
- Cerity Partners LLC$21M
- MORGAN STANLEY$2M
- ROYAL BANK OF CANADA$929K
- COHEN & STEERS, INC.$791K
- LPL Financial LLC$317K
- RAYMOND JAMES FINANCIAL INC$276K
Largest trims
- Thomas J. Herzfeld Advisors, Inc.$5M
- ENVESTNET ASSET MANAGEMENT INC$5M
- UBS Group AG$2M
- WELLS FARGO & COMPANY/MN$661K
- OSAIC HOLDINGS, INC.$645K
- CHOREO, LLC$586K
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 |
|---|---|---|---|---|
| WELLS FARGO & COMPANY/MN added | 1,832,360 | $26M | 12.4% | 2026-Q1 |
| Cerity Partners LLC added | 1,532,951 | $22M | 10.3% | 2026-Q1 |
| MORGAN STANLEY added | 1,499,575 | $22M | 10.1% | 2026-Q1 |
| Penserra Capital Management LLC added | 1,263,663 | $18M | 8.5% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,152,845 | $17M | 7.8% | 2026-Q1 |
| COHEN & STEERS, INC. added | 1,023,000 | $15M | 6.9% | 2026-Q1 |
| UBS Group AG trimmed | 969,614 | $14M | 6.5% | 2026-Q1 |
| Thomas J. Herzfeld Advisors, Inc. trimmed | 439,995 | $6M | 3.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 421,321 | $6M | 2.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 287,277 | $4M | 1.9% | 2026-Q1 |
| Element Wealth, LLC trimmed | 198,031 | $3M | 1.3% | 2026-Q1 |
| LPL Financial LLC added | 193,893 | $3M | 1.3% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 176,460 | $3M | 1.2% | 2026-Q1 |
| CORRADO ADVISORS, LLC added | 160,268 | $2M | 1.1% | 2026-Q1 |
| SMITH, MOORE & CO. added | 127,569 | $2M | 0.9% | 2026-Q1 |
| Noble Wealth Management PBC trimmed | 119,068 | $2M | 0.8% | 2026-Q1 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC trimmed | 94,489 | $1M | 0.6% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 68,837 | $992K | 0.5% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 66,027 | $951K | 0.4% | 2026-Q1 |
| JOURNEY STRATEGIC WEALTH LLC trimmed | 51,700 | $745K | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 49,911 | $719K | 0.3% | 2026-Q1 |
| Bramshill Investments, LLC trimmed | 43,689 | $630K | 0.3% | 2026-Q1 |
| WEDBUSH SECURITIES INC added | 42,140 | $607K | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 42,065 | $606K | 0.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 41,208 | $594K | 0.3% | 2026-Q1 |
| Crumly & Associates Inc. | 39,750 | $573K | 0.3% | 2026-Q1 |
| COURIER CAPITAL LLC | 37,201 | $536K | 0.3% | 2026-Q1 |
| CHOREO, LLC trimmed | 36,346 | $526K | 0.2% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 30,470 | $439K | 0.2% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 28,550 | $411K | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 28,338 | $408K | 0.2% | 2026-Q1 |
| Chicago Partners Investment Group LLC trimmed | 27,736 | $406K | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 25,198 | $363K | 0.2% | 2026-Q1 |
| Wealth Care LLC new | 25,146 | $362K | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC new | 25,000 | $360K | 0.2% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 22,677 | $327K | 0.2% | 2026-Q1 |
| Mathes Company, Inc. | 22,000 | $317K | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP | 20,734 | $299K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 19,252 | $277K | 0.1% | 2026-Q1 |
| Fortitude Advisory Group L.L.C. | 17,818 | $257K | 0.1% | 2026-Q1 |
| IAMS WEALTH MANAGEMENT, LLC | 17,250 | $249K | 0.1% | 2026-Q1 |
| Virtu Financial LLC trimmed | 15,832 | $228K | 0.1% | 2026-Q1 |
| NORTHEAST PLANNING ASSOCIATES, INC. / NH / | 15,410 | $222K | 0.1% | 2026-Q1 |
| XTX Topco Ltd trimmed | 14,214 | $205K | 0.1% | 2026-Q1 |
| BlackRock, Inc. | 13,132 | $189K | 0.1% | 2026-Q1 |
| NWF Advisory Services Inc. | 12,330 | $178K | 0.1% | 2026-Q1 |
| &PARTNERS trimmed | 12,210 | $176K | 0.1% | 2026-Q1 |
| ALEXANDER LABRUNERIE & CO., INC. | 12,047 | $174K | 0.1% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 11,837 | $171K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 10,207 | $147K | 0.1% | 2026-Q1 |
| LifePlan Investment Advisors, Inc. | 10,000 | $144K | 0.1% | 2026-Q1 |
| Activest Wealth Management | 7,500 | $108K | 0.1% | 2026-Q1 |
| Osbon Capital Management LLC new | 4,659 | $67K | 0.0% | 2026-Q1 |
| Anfield Capital Management, LLC | 3,664 | $53K | 0.0% | 2026-Q1 |
| GHP Investment Advisors, Inc. new | 2,825 | $41K | 0.0% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. new | 1,045 | $15K | 0.0% | 2026-Q1 |
| FNY Investment Advisers, LLC | 1,100 | $15K | 0.0% | 2026-Q1 |
| CWM, LLC added | 847 | $12K | 0.0% | 2026-Q1 |
| MARK SHEPTOFF FINANCIAL PLANNING, LLC | 500 | $7K | 0.0% | 2026-Q1 |
| Advisors Asset Management, Inc. trimmed | 423 | $6K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 400 | $6K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 277 | $4K | 0.0% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 20 | $288 | 0.0% | 2026-Q1 |
| SOL Capital Management CO added | 1,471,674 | $23M | 10.5% | 2025-Q4 stale |
| IEQ CAPITAL, LLC new | 250,000 | $4M | 1.9% | 2025-Q1 stale |
| Consolidated Portfolio Review Corp added | 185,551 | $3M | 1.4% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. added | 29,875 | $484K | 0.2% | 2025-Q1 stale |
| COMERICA BANK added | 28,637 | $438K | 0.2% | 2025-Q4 stale |
| Mariner, LLC new | 24,044 | $391K | 0.2% | 2025-Q3 stale |
| Bleakley Financial Group, LLC new | 20,550 | $334K | 0.2% | 2025-Q3 stale |
| Marex Group plc trimmed | 21,787 | $333K | 0.2% | 2025-Q4 stale |
| Jaffetilchin Investment Partners, LLC trimmed | 16,130 | $259K | 0.1% | 2025-Q1 stale |
| TWO SIGMA SECURITIES, LLC new | 15,955 | $244K | 0.1% | 2025-Q4 stale |
| Navis Wealth Advisors, LLC new | 15,733 | $241K | 0.1% | 2025-Q4 stale |
| Private Advisor Group, LLC trimmed | 14,659 | $238K | 0.1% | 2025-Q3 stale |
| Hilton Capital Management, LLC | 12,000 | $184K | 0.1% | 2025-Q4 stale |
| Capital Investment Advisors, LLC | 10,800 | $176K | 0.1% | 2025-Q3 stale |
| PFG Investments, LLC trimmed | 10,619 | $173K | 0.1% | 2025-Q3 stale |
| World Investment Advisors trimmed | 10,705 | $162K | 0.1% | 2025-Q2 stale |
| SouthState Bank Corp | 9,350 | $143K | 0.1% | 2025-Q4 stale |
| Lindbrook Capital, LLC | 5,000 | $80K | 0.0% | 2025-Q1 stale |
| Farther Finance Advisors, LLC added | 4,186 | $67K | 0.0% | 2025-Q1 stale |
| Advisory Services Network, LLC | 3,750 | $61K | 0.0% | 2025-Q3 stale |
| Tanglewood Legacy Advisors, LLC | 2,747 | $45K | 0.0% | 2025-Q3 stale |
| Kestra Advisory Services, LLC new | 2,205 | $34K | 0.0% | 2025-Q4 stale |
| SVB WEALTH LLC new | 1,721 | $28K | 0.0% | 2025-Q1 stale |
| Continuum Advisory, LLC trimmed | 1,486 | $24K | 0.0% | 2025-Q1 stale |
| Commonwealth Retirement Investments LLC new | 1,300 | $20K | 0.0% | 2025-Q4 stale |
| Newbridge Financial Services Group, Inc. | 1,000 | $16K | 0.0% | 2025-Q3 stale |
| FLAGSHIP HARBOR ADVISORS, LLC new | 914 | $14K | 0.0% | 2025-Q4 stale |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. | 700 | $11K | 0.0% | 2025-Q2 stale |
| Larson Financial Group LLC | 650 | $11K | 0.0% | 2025-Q3 stale |
| Pacifica Partners Inc. new | 422 | $7K | 0.0% | 2025-Q3 stale |
| Steward Partners Investment Advisory, LLC trimmed | 375 | $6K | 0.0% | 2025-Q4 stale |
| Financial Management Professionals, Inc. added | 292 | $4K | 0.0% | 2025-Q2 stale |
| HARBOUR INVESTMENTS, INC. trimmed | 261 | $4K | 0.0% | 2025-Q4 stale |
| PIN OAK INVESTMENT ADVISORS INC | 50 | $821 | 0.0% | 2025-Q3 stale |
| ASSETMARK, INC | 40 | $612 | 0.0% | 2025-Q4 stale |
| CIBC Private Wealth Group LLC new | 1 | $14 | 0.0% | 2025-Q1 stale |
| Creekmur Asset Management LLC | 1 | $13 | 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.