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Institutional Ownership · SEC Form 13F

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.

57
Institutional holders
94,837,453
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
National Pension Service47,382,366$3.1B48.5%2026-Q1
MORGAN STANLEY trimmed23,869,416$1.6B24.5%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added9,625,100$627M9.9%2026-Q1
Ensign Peak Advisors, Inc added2,680,661$175M2.7%2026-Q1
Bank of New York Mellon Corp added2,199,686$143M2.3%2026-Q1
RAYMOND JAMES FINANCIAL INC added1,700,781$111M1.7%2026-Q1
PANAGORA ASSET MANAGEMENT INC added1,651,454$108M1.7%2026-Q1
Invesco Ltd. trimmed1,218,731$79M1.2%2026-Q1
Capital Asset Advisory Services LLC added972,994$69M1.1%2026-Q1
Mirae Asset Global Investments Co., Ltd. added725,093$47M0.7%2026-Q1
Cetera Investment Advisers added509,294$33M0.5%2026-Q1
UBS Group AG trimmed467,587$30M0.5%2026-Q1
Metis Global Partners, LLC trimmed465,646$30M0.5%2026-Q1
LPL Financial LLC trimmed305,822$20M0.3%2026-Q1
OVERSEA-CHINESE BANKING Corp Ltd trimmed230,090$15M0.2%2026-Q1
Vestcor Inc added137,133$9M0.1%2026-Q1
GOLDMAN SACHS GROUP INC added134,280$9M0.1%2026-Q1
Kestra Advisory Services, LLC trimmed82,072$5M0.1%2026-Q1
Empower Advisory Group, LLC trimmed74,714$5M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added63,530$4M0.1%2026-Q1
Private Advisor Group, LLC trimmed55,723$4M0.1%2026-Q1
MML INVESTORS SERVICES, LLC trimmed43,036$3M0.0%2026-Q1
Altus Wealth Group LLC added37,267$2M0.0%2026-Q1
RHUMBLINE ADVISERS added33,717$2M0.0%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC trimmed29,836$2M0.0%2026-Q1
Independent Advisor Alliance trimmed21,066$1M0.0%2026-Q1
IAG Wealth Partners, LLC trimmed18,353$1M0.0%2026-Q1
Jaffetilchin Investment Partners, LLC added17,842$1M0.0%2026-Q1
CITADEL ADVISORS LLC trimmed12,797$834K0.0%2026-Q1
MARSHALL WACE, LLP trimmed11,200$730K0.0%2026-Q1
Equitable Holdings, Inc. added10,101$691K0.0%2026-Q1
JPMORGAN CHASE & CO added10,456$662K0.0%2026-Q1
HRT FINANCIAL LP added7,988$520K0.0%2026-Q1
Retirement Planning Group, LLC new5,100$332K0.0%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed5,082$331K0.0%2026-Q1
BANK OF AMERICA CORP /DE/ added4,164$271K0.0%2026-Q1
IFP Advisors, Inc added3,815$249K0.0%2026-Q1
Collaborative Wealth Managment Inc. trimmed3,793$247K0.0%2026-Q1
JONES FINANCIAL COMPANIES LLLP added3,158$201K0.0%2026-Q1
FMR LLC added1,644$107K0.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed1,550$101K0.0%2026-Q1
ROYAL BANK OF CANADA trimmed900$59K0.0%2026-Q1
RHL GROUP, LLC added647$42K0.0%2026-Q1
Geneos Wealth Management Inc.526$34K0.0%2026-Q1
Qube Research & Technologies Ltd trimmed250$16K0.0%2026-Q1
ASSETMARK, INC222$14K0.0%2026-Q1
Arax Advisory Partners131$9K0.0%2026-Q1
EVOLUTION WEALTH MANAGEMENT INC. new104$7K0.0%2026-Q1
Abound Wealth Management new95$6K0.0%2026-Q1
MCF Advisors LLC new87$6K0.0%2026-Q1
WELLS FARGO & COMPANY/MN added81$5K0.0%2026-Q1
Farther Finance Advisors, LLC added77$5K0.0%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC62$4K0.0%2026-Q1
VANGUARD ADVISERS INC new59$4K0.0%2026-Q1
HAZLETT, BURT & WATSON, INC.41$3K0.0%2026-Q1
AE Wealth Management LLC trimmed19$1K0.0%2026-Q1
Aptus Capital Advisors, LLC new14$9120.0%2026-Q1
Schonfeld Strategic Advisors LLC1,520,000$85M1.3%2025-Q1 stale
AXXCESS WEALTH MANAGEMENT, LLC added897,822$61M1.0%2025-Q4 stale
JANE STREET GROUP, LLC added216,074$14M0.2%2025-Q3 stale
TWO SIGMA INVESTMENTS, LP added99,900$6M0.1%2025-Q2 stale
COMMONWEALTH EQUITY SERVICES, LLC trimmed92,957$5M0.1%2025-Q1 stale
Tower Research Capital LLC (TRC) added12,544$859K0.0%2025-Q4 stale
BNP PARIBAS FINANCIAL MARKETS trimmed4,196$287K0.0%2025-Q4 stale
AVANTAX ADVISORY SERVICES, INC. new3,456$215K0.0%2025-Q2 stale
Integrated Wealth Concepts LLC new3,617$203K0.0%2025-Q1 stale
CITIGROUP INC added376$26K0.0%2025-Q4 stale
Root Financial Partners, LLC new166$11K0.0%2025-Q4 stale
HALBERT HARGROVE GLOBAL ADVISORS, LLC new178$10K0.0%2025-Q1 stale
Biltmore Family Office, LLC142$9K0.0%2025-Q2 stale
Allworth Financial LP new90$6K0.0%2025-Q4 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership