Who owns PBUS (PBUS)
Which tracked institutional funds hold PBUS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PBUS 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
16 tracked funds added or opened PBUS while 15 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
PBUS’s largest tracked holder by dollar value, National Pension Service, sizes it at 2.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PBUS 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 57 tracked filers holding PBUS, 36 increased or opened the position and 21 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 PBUS 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 6
- Bank of New York Mellon Corp$143M
- Private Advisor Group, LLC$4M
- Independent Advisor Alliance$1M
- CITADEL ADVISORS LLC$834K
- MARSHALL WACE, LLP$730K
- HRT FINANCIAL LP$520K
Full exits 2
- AXXCESS WEALTH MANAGEMENT, LLC$61M
- Tower Research Capital LLC (TRC)$859K
Largest adds
- Ensign Peak Advisors, Inc$93M
- Connor, Clark & Lunn Investment Management Ltd.$11M
- GOLDMAN SACHS GROUP INC$8M
- Capital Asset Advisory Services LLC$7M
- Cetera Investment Advisers$5M
- RAYMOND JAMES FINANCIAL INC$5M
Largest trims
- MORGAN STANLEY$646M
- National Pension Service$155M
- Empower Advisory Group, LLC$132M
- Metis Global Partners, LLC$33M
- OVERSEA-CHINESE BANKING Corp Ltd$9M
- PANAGORA ASSET MANAGEMENT INC$5M
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 |
|---|---|---|---|---|
| National Pension Service | 47,382,366 | $3.1B | 48.5% | 2026-Q1 |
| MORGAN STANLEY trimmed | 23,869,416 | $1.6B | 24.5% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 9,625,100 | $627M | 9.9% | 2026-Q1 |
| Ensign Peak Advisors, Inc added | 2,680,661 | $175M | 2.7% | 2026-Q1 |
| Bank of New York Mellon Corp added | 2,199,686 | $143M | 2.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,700,781 | $111M | 1.7% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 1,651,454 | $108M | 1.7% | 2026-Q1 |
| Invesco Ltd. trimmed | 1,218,731 | $79M | 1.2% | 2026-Q1 |
| Capital Asset Advisory Services LLC added | 972,994 | $69M | 1.1% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. added | 725,093 | $47M | 0.7% | 2026-Q1 |
| Cetera Investment Advisers added | 509,294 | $33M | 0.5% | 2026-Q1 |
| UBS Group AG trimmed | 467,587 | $30M | 0.5% | 2026-Q1 |
| Metis Global Partners, LLC trimmed | 465,646 | $30M | 0.5% | 2026-Q1 |
| LPL Financial LLC trimmed | 305,822 | $20M | 0.3% | 2026-Q1 |
| OVERSEA-CHINESE BANKING Corp Ltd trimmed | 230,090 | $15M | 0.2% | 2026-Q1 |
| Vestcor Inc added | 137,133 | $9M | 0.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 134,280 | $9M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 82,072 | $5M | 0.1% | 2026-Q1 |
| Empower Advisory Group, LLC trimmed | 74,714 | $5M | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 63,530 | $4M | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 55,723 | $4M | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 43,036 | $3M | 0.0% | 2026-Q1 |
| Altus Wealth Group LLC added | 37,267 | $2M | 0.0% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 33,717 | $2M | 0.0% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 29,836 | $2M | 0.0% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 21,066 | $1M | 0.0% | 2026-Q1 |
| IAG Wealth Partners, LLC trimmed | 18,353 | $1M | 0.0% | 2026-Q1 |
| Jaffetilchin Investment Partners, LLC added | 17,842 | $1M | 0.0% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 12,797 | $834K | 0.0% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 11,200 | $730K | 0.0% | 2026-Q1 |
| Equitable Holdings, Inc. added | 10,101 | $691K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 10,456 | $662K | 0.0% | 2026-Q1 |
| HRT FINANCIAL LP added | 7,988 | $520K | 0.0% | 2026-Q1 |
| Retirement Planning Group, LLC new | 5,100 | $332K | 0.0% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 5,082 | $331K | 0.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 4,164 | $271K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc added | 3,815 | $249K | 0.0% | 2026-Q1 |
| Collaborative Wealth Managment Inc. trimmed | 3,793 | $247K | 0.0% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 3,158 | $201K | 0.0% | 2026-Q1 |
| FMR LLC added | 1,644 | $107K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 1,550 | $101K | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 900 | $59K | 0.0% | 2026-Q1 |
| RHL GROUP, LLC added | 647 | $42K | 0.0% | 2026-Q1 |
| Geneos Wealth Management Inc. | 526 | $34K | 0.0% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 250 | $16K | 0.0% | 2026-Q1 |
| ASSETMARK, INC | 222 | $14K | 0.0% | 2026-Q1 |
| Arax Advisory Partners | 131 | $9K | 0.0% | 2026-Q1 |
| EVOLUTION WEALTH MANAGEMENT INC. new | 104 | $7K | 0.0% | 2026-Q1 |
| Abound Wealth Management new | 95 | $6K | 0.0% | 2026-Q1 |
| MCF Advisors LLC new | 87 | $6K | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 81 | $5K | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 77 | $5K | 0.0% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 62 | $4K | 0.0% | 2026-Q1 |
| VANGUARD ADVISERS INC new | 59 | $4K | 0.0% | 2026-Q1 |
| HAZLETT, BURT & WATSON, INC. | 41 | $3K | 0.0% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 19 | $1K | 0.0% | 2026-Q1 |
| Aptus Capital Advisors, LLC new | 14 | $912 | 0.0% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC | 1,520,000 | $85M | 1.3% | 2025-Q1 stale |
| AXXCESS WEALTH MANAGEMENT, LLC added | 897,822 | $61M | 1.0% | 2025-Q4 stale |
| JANE STREET GROUP, LLC added | 216,074 | $14M | 0.2% | 2025-Q3 stale |
| TWO SIGMA INVESTMENTS, LP added | 99,900 | $6M | 0.1% | 2025-Q2 stale |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 92,957 | $5M | 0.1% | 2025-Q1 stale |
| Tower Research Capital LLC (TRC) added | 12,544 | $859K | 0.0% | 2025-Q4 stale |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 4,196 | $287K | 0.0% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. new | 3,456 | $215K | 0.0% | 2025-Q2 stale |
| Integrated Wealth Concepts LLC new | 3,617 | $203K | 0.0% | 2025-Q1 stale |
| CITIGROUP INC added | 376 | $26K | 0.0% | 2025-Q4 stale |
| Root Financial Partners, LLC new | 166 | $11K | 0.0% | 2025-Q4 stale |
| HALBERT HARGROVE GLOBAL ADVISORS, LLC new | 178 | $10K | 0.0% | 2025-Q1 stale |
| Biltmore Family Office, LLC | 142 | $9K | 0.0% | 2025-Q2 stale |
| Allworth Financial LP new | 90 | $6K | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.
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.