Who owns PBFR
Which tracked institutional funds hold PBFR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PBFR 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 PBFR is one-sided between 2026-Q1 and 2026-Q2: 16 added or opened and 3 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
PBFR’s largest tracked holder by dollar value, Brucke Financial, Inc., sizes it at 9.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 9.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PBFR 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 38 tracked filers holding PBFR, 31 increased or opened the position and 9 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 PBFR 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 1
- Perennial Investment Advisors, LLC$2M
Full exits 3
- Financial Connections Group, Inc.$10M
- CENTAURUS FINANCIAL, INC.$902K
- Cambridge Investment Research Advisors, Inc.$624K
Largest adds
- LPL Financial LLC$13M
- Kestra Advisory Services, LLC$11M
- Integrated Wealth Concepts LLC$7M
- Cetera Investment Advisers$4M
- Vise Technologies, Inc.$2M
- AA Financial 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 |
|---|---|---|---|---|
| Brucke Financial, Inc. added | 671,663 | $21M | 13.3% | 2026-Q2 |
| Vise Technologies, Inc. added | 648,381 | $20M | 12.9% | 2026-Q2 |
| LPL Financial LLC added | 447,434 | $14M | 8.9% | 2026-Q2 |
| Apella Capital, LLC added | 397,660 | $12M | 7.9% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 353,257 | $11M | 7.0% | 2026-Q2 |
| AA Financial Advisors, LLC added | 336,791 | $10M | 6.7% | 2026-Q2 |
| Foguth Wealth Management, LLC. added | 254,791 | $8M | 5.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 246,130 | $8M | 4.9% | 2026-Q2 |
| BLVD Private Wealth, LLC added | 206,019 | $6M | 4.1% | 2026-Q2 |
| Cetera Investment Advisers added | 187,774 | $6M | 3.7% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 181,878 | $6M | 3.6% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 117,423 | $4M | 2.3% | 2026-Q2 |
| Tradition Wealth Management, LLC added | 93,986 | $3M | 1.9% | 2026-Q2 |
| Perennial Investment Advisors, LLC new | 66,632 | $2M | 1.3% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 59,232 | $2M | 1.2% | 2026-Q2 |
| Claro Advisors Inc. added | 56,299 | $2M | 1.1% | 2026-Q2 |
| AssuredPartners Investment Advisors, LLC trimmed | 55,372 | $2M | 1.1% | 2026-Q2 |
| Wealth Group Ltd added | 28,075 | $860K | 0.6% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. added | 26,334 | $807K | 0.5% | 2026-Q2 |
| Nicholas Wealth, LLC. added | 25,402 | $778K | 0.5% | 2026-Q2 |
| Kingsview Wealth Management, LLC added | 20,777 | $637K | 0.4% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC | 17,001 | $521K | 0.3% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 16,473 | $505K | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 13,944 | $427K | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp new | 13,753 | $421K | 0.3% | 2026-Q2 |
| Compass Advisory Group LLC | 13,518 | $414K | 0.3% | 2026-Q2 |
| Richmond Investment Services, LLC new | 11,737 | $360K | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC new | 10,679 | $327K | 0.2% | 2026-Q2 |
| Long Island Wealth Management, Inc. | 9,974 | $306K | 0.2% | 2026-Q2 |
| IHT Wealth Management, LLC new | 8,482 | $260K | 0.2% | 2026-Q2 |
| Accurate Wealth Management, LLC new | 7,543 | $232K | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC new | 6,989 | $214K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 5,859 | $180K | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 3,942 | $121K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 3,409 | $104K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 3,045 | $93K | 0.1% | 2026-Q2 |
| PRIVATE TRUST CO NA new | 617 | $19K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 155 | $5K | 0.0% | 2026-Q2 |
| Financial Connections Group, Inc. added | 351,152 | $10M | 6.6% | 2026-Q1 stale (1 quarter behind) |
| CENTAURUS FINANCIAL, INC. added | 31,088 | $902K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 21,528 | $624K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Capital Analysts, LLC new | 6,755 | $196K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC added | 3,298 | $96K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| OLD MISSION CAPITAL LLC trimmed | 11,486 | $336K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| EHRLICH FINANCIAL GROUP new | 7,021 | $205K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.