Who owns PCN (PCN)
Which tracked institutional funds hold PCN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PCN 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
10 tracked funds added or opened PCN 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
PCN’s largest tracked holder by dollar value, Mission Hills Financial Advisory, LLC, sizes it at 7.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 7.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PCN 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 122 tracked filers holding PCN, 71 increased or opened the position and 41 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 PCN 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
- NorthRock Partners, LLC$2M
- Astoria Portfolio Advisors LLC.$2M
Full exits 4
- AXXCESS WEALTH MANAGEMENT, LLC$1M
- Arlington Capital Management, Inc.$872K
- Janney Montgomery Scott LLC$748K
- Marex Group plc$561K
Largest adds
- AG Asset Advisory, LLC$2M
- WELLS FARGO & COMPANY/MN$1M
- LPL Financial LLC$872K
- Venture Visionary Partners LLC$489K
- IHT Wealth Management, LLC$380K
- Steward Partners Investment Advisory, LLC$362K
Largest trims
- GUGGENHEIM CAPITAL LLC$2M
- MORGAN STANLEY$1M
- Noble Wealth Management PBC$697K
- PRINCIPAL SECURITIES, INC.$656K
- NewEdge Advisors, LLC$608K
- Mission Hills Financial Advisory, LLC$601K
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 |
|---|---|---|---|---|
| Mission Hills Financial Advisory, LLC added | 1,268,336 | $15M | 9.5% | 2026-Q1 |
| MORGAN STANLEY added | 1,235,752 | $15M | 9.3% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC trimmed | 1,178,335 | $14M | 8.8% | 2026-Q1 |
| LPL Financial LLC added | 687,771 | $8M | 5.2% | 2026-Q1 |
| GHE, LLC added | 748,086 | $8M | 4.9% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 503,762 | $6M | 3.8% | 2026-Q1 |
| Invesco Ltd. added | 488,526 | $6M | 3.7% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. trimmed | 483,975 | $6M | 3.6% | 2026-Q1 |
| Elevated Capital Advisors, LLC added | 399,746 | $5M | 3.0% | 2026-Q1 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC added | 355,256 | $4M | 2.7% | 2026-Q1 |
| Noble Wealth Management PBC trimmed | 339,736 | $4M | 2.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 275,557 | $3M | 2.1% | 2026-Q1 |
| INSIGNEO ADVISORY SERVICES, LLC trimmed | 250,450 | $3M | 1.9% | 2026-Q1 |
| Smith Asset Management Co., LLC added | 244,440 | $3M | 1.8% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 215,931 | $3M | 1.6% | 2026-Q1 |
| Prospera Financial Services Inc added | 199,521 | $2M | 1.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 183,602 | $2M | 1.4% | 2026-Q1 |
| Venture Visionary Partners LLC added | 173,373 | $2M | 1.3% | 2026-Q1 |
| AG Asset Advisory, LLC added | 171,926 | $2M | 1.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 164,619 | $2M | 1.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 159,024 | $2M | 1.2% | 2026-Q1 |
| NorthRock Partners, LLC new | 136,941 | $2M | 1.0% | 2026-Q1 |
| Astoria Portfolio Advisors LLC. new | 126,866 | $2M | 1.0% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 122,072 | $1M | 0.9% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 120,628 | $1M | 0.9% | 2026-Q1 |
| Vision Retirement, LLC added | 98,616 | $1M | 0.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 82,445 | $981K | 0.6% | 2026-Q1 |
| Aviance Capital Partners, LLC added | 80,735 | $961K | 0.6% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 78,653 | $936K | 0.6% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 78,213 | $930K | 0.6% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC trimmed | 73,837 | $888K | 0.6% | 2026-Q1 |
| UBS Group AG added | 74,337 | $885K | 0.6% | 2026-Q1 |
| Cyndeo Wealth Partners, LLC | 70,000 | $833K | 0.5% | 2026-Q1 |
| Westbourne Investment Advisors, Inc. added | 64,000 | $762K | 0.5% | 2026-Q1 |
| LongView Wealth Management trimmed | 45,005 | $540K | 0.3% | 2026-Q1 |
| IHT Wealth Management, LLC added | 45,282 | $539K | 0.3% | 2026-Q1 |
| Focus Partners Wealth added | 41,094 | $489K | 0.3% | 2026-Q1 |
| XTX Topco Ltd new | 37,477 | $446K | 0.3% | 2026-Q1 |
| Elm3 Financial Group, LLC added | 34,667 | $413K | 0.3% | 2026-Q1 |
| OPPENHEIMER & CO INC added | 34,596 | $412K | 0.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 33,563 | $399K | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 32,641 | $388K | 0.2% | 2026-Q1 |
| PEAPACK GLADSTONE FINANCIAL CORP trimmed | 29,619 | $352K | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP | 29,527 | $351K | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 28,363 | $338K | 0.2% | 2026-Q1 |
| Sovran Advisors, LLC trimmed | 26,687 | $321K | 0.2% | 2026-Q1 |
| Apollon Wealth Management, LLC added | 26,771 | $319K | 0.2% | 2026-Q1 |
| CDKV HOLDINGS LLC added | 26,232 | $312K | 0.2% | 2026-Q1 |
| Rathbones Group PLC added | 24,500 | $292K | 0.2% | 2026-Q1 |
| NWAM LLC trimmed | 23,724 | $282K | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC added | 22,816 | $272K | 0.2% | 2026-Q1 |
| Estate Planners Group, LLC added | 21,357 | $254K | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 21,301 | $253K | 0.2% | 2026-Q1 |
| Kingsview Wealth Management, LLC trimmed | 20,036 | $238K | 0.2% | 2026-Q1 |
| ShoreHaven Wealth Partners, LLC new | 20,000 | $238K | 0.2% | 2026-Q1 |
| Creative Planning trimmed | 19,402 | $231K | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. | 19,372 | $231K | 0.1% | 2026-Q1 |
| TWO SIGMA SECURITIES, LLC added | 19,166 | $228K | 0.1% | 2026-Q1 |
| Lido Advisors, LLC new | 18,836 | $225K | 0.1% | 2026-Q1 |
| NOMURA HOLDINGS INC added | 18,705 | $223K | 0.1% | 2026-Q1 |
| StoneX Group Inc. trimmed | 18,566 | $222K | 0.1% | 2026-Q1 |
| PFG Investments, LLC trimmed | 18,527 | $220K | 0.1% | 2026-Q1 |
| Allworth Financial LP added | 16,579 | $197K | 0.1% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 15,657 | $186K | 0.1% | 2026-Q1 |
| First Heartland Consultants, Inc. | 14,755 | $176K | 0.1% | 2026-Q1 |
| Mutual Advisors, LLC new | 14,621 | $174K | 0.1% | 2026-Q1 |
| Symphony Financial Services, Inc. added | 13,980 | $166K | 0.1% | 2026-Q1 |
| PlanVest Financial, Inc new | 13,451 | $160K | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 13,006 | $155K | 0.1% | 2026-Q1 |
| Detalus Advisors, LLC | 12,990 | $155K | 0.1% | 2026-Q1 |
| Blue Trust, Inc. | 12,744 | $152K | 0.1% | 2026-Q1 |
| Consolidated Portfolio Review Corp added | 279,717 | $4M | 2.4% | 2025-Q3 stale |
| READYSTATE ASSET MANAGEMENT LP new | 255,565 | $3M | 2.0% | 2025-Q2 stale |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 116,913 | $1M | 0.9% | 2025-Q4 stale |
| BALYASNY ASSET MANAGEMENT L.P. new | 115,258 | $1M | 0.9% | 2025-Q2 stale |
| Marks Group Wealth Management, Inc | 92,300 | $1M | 0.8% | 2025-Q1 stale |
| Arlington Capital Management, Inc. trimmed | 68,319 | $872K | 0.5% | 2025-Q4 stale |
| Janney Montgomery Scott LLC added | 58,613 | $748K | 0.5% | 2025-Q4 stale |
| Atria Wealth Solutions, Inc. added | 53,058 | $729K | 0.5% | 2025-Q1 stale |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. added | 46,164 | $586K | 0.4% | 2025-Q2 stale |
| Marex Group plc added | 44,001 | $561K | 0.4% | 2025-Q4 stale |
| HRT FINANCIAL LP added | 32,683 | $437K | 0.3% | 2025-Q3 stale |
| Sigma Planning Corp trimmed | 27,494 | $375K | 0.2% | 2025-Q1 stale |
| J.W. COLE ADVISORS, INC. added | 26,432 | $337K | 0.2% | 2025-Q4 stale |
| Elequin Capital, LP added | 22,203 | $282K | 0.2% | 2025-Q2 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 20,937 | $266K | 0.2% | 2025-Q2 stale |
| RMG Wealth Management LLC new | 20,955 | $263K | 0.2% | 2025-Q2 stale |
| Objective Capital Management, LLC added | 19,145 | $256K | 0.2% | 2025-Q3 stale |
| Beacon Pointe Advisors, LLC trimmed | 19,777 | $251K | 0.2% | 2025-Q2 stale |
| MILLENNIUM MANAGEMENT LLC added | 17,878 | $228K | 0.1% | 2025-Q4 stale |
| Prosperity Wealth Management, Inc. trimmed | 15,367 | $196K | 0.1% | 2025-Q4 stale |
| Alpha Cubed Investments, LLC added | 13,919 | $190K | 0.1% | 2025-Q1 stale |
| NORTHERN TRUST CORP trimmed | 14,466 | $185K | 0.1% | 2025-Q4 stale |
| Baker Avenue Asset Management, LP trimmed | 13,792 | $185K | 0.1% | 2025-Q3 stale |
| Virtu Financial LLC trimmed | 13,811 | $176K | 0.1% | 2025-Q4 stale |
| Ellis Investment Partners, LLC added | 13,021 | $174K | 0.1% | 2025-Q3 stale |
| SHEETS SMITH WEALTH MANAGEMENT | 12,250 | $164K | 0.1% | 2025-Q3 stale |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 12,265 | $157K | 0.1% | 2025-Q4 stale |
| Walleye Capital LLC trimmed | 11,463 | $156K | 0.1% | 2025-Q1 stale |
| Savoie Capital LLC new | 12,000 | $152K | 0.1% | 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.