Who owns PFF
Which tracked institutional funds hold PFF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PFF 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
139 tracked funds added or opened PFF while 118 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
PFF’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes PFF more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in PFF 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 933 tracked filers holding PFF, 438 increased or opened the position and 462 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 PFF 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 36
- Markowski Investments$17M
- Independence Financial Advisors, LLC$17M
- NewEdge Advisors, LLC$14M
- Quadrature Capital Ltd$8M
- SYKON CAPITAL LLC$7M
- Savant Capital, LLC$5M
Full exits 48
- Jaffetilchin Investment Partners, LLC$26M
- HighTower Advisors, LLC$25M
- HRT FINANCIAL LP$22M
- Cambridge Investment Research Advisors, Inc.$16M
- Oak Harvest Investment Services$11M
- Parkside Investments, LLC$8M
Largest adds
- MORGAN STANLEY$22M
- BANK OF AMERICA CORP /DE/$10M
- Bramshill Investments, LLC$9M
- Coral Wealth Management, LLC$8M
- RAYMOND JAMES FINANCIAL INC$6M
- First Interstate Bank$5M
Largest trims
- WELLS FARGO & COMPANY/MN$28M
- Steward Partners Investment Advisory, LLC$25M
- Summit Financial Wealth Advisors, LLC$20M
- AMERIPRISE FINANCIAL INC$9M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$9M
- Strategic Wealth Investment Group, LLC$6M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 22,963,937 | $700M | 17.1% | 2026-Q2 |
| MORGAN STANLEY added | 15,660,870 | $477M | 11.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 8,515,883 | $260M | 6.4% | 2026-Q2 |
| LPL Financial LLC trimmed | 7,663,895 | $234M | 5.7% | 2026-Q2 |
| UBS Group AG added | 6,178,759 | $188M | 4.6% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 4,297,648 | $131M | 3.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 4,029,258 | $123M | 3.0% | 2026-Q2 |
| Mariner, LLC trimmed | 3,203,324 | $98M | 2.4% | 2026-Q2 |
| First Interstate Bank added | 3,052,764 | $93M | 2.3% | 2026-Q2 |
| BlackRock, Inc. added | 2,804,891 | $86M | 2.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 2,329,875 | $71M | 1.7% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,220,498 | $68M | 1.7% | 2026-Q2 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 2,053,250 | $63M | 1.5% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 1,600,665 | $49M | 1.2% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 1,510,618 | $46M | 1.1% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 1,500,970 | $46M | 1.1% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 1,494,948 | $46M | 1.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 1,401,024 | $43M | 1.0% | 2026-Q2 |
| GREENLEAF TRUST added | 1,319,393 | $40M | 1.0% | 2026-Q2 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. added | 1,309,459 | $40M | 1.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,307,900 | $40M | 1.0% | 2026-Q2 |
| GDS Wealth Management added | 1,185,745 | $36M | 0.9% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 1,165,342 | $36M | 0.9% | 2026-Q2 |
| Baird Financial Group, Inc. added | 1,107,089 | $34M | 0.8% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 1,105,164 | $34M | 0.8% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 1,075,976 | $33M | 0.8% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,047,946 | $32M | 0.8% | 2026-Q2 |
| FUKOKU MUTUAL LIFE INSURANCE Co | 955,500 | $29M | 0.7% | 2026-Q2 |
| Cerity Partners LLC added | 900,451 | $27M | 0.7% | 2026-Q2 |
| Hennion & Walsh Asset Management, Inc. added | 895,614 | $27M | 0.7% | 2026-Q2 |
| MAI Capital Management trimmed | 885,212 | $27M | 0.7% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 874,523 | $25M | 0.6% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 846,800 | $26M | 0.6% | 2026-Q2 |
| COMMERCE BANK trimmed | 825,814 | $25M | 0.6% | 2026-Q2 |
| Pure Financial Advisors, LLC added | 722,542 | $22M | 0.5% | 2026-Q2 |
| BARD ASSOCIATES INC added | 693,046 | $21M | 0.5% | 2026-Q2 |
| CITIGROUP INC added | 683,088 | $21M | 0.5% | 2026-Q2 |
| SeaBridge Investment Advisors LLC added | 654,287 | $20M | 0.5% | 2026-Q2 |
| Dakota Wealth Management trimmed | 652,995 | $20M | 0.5% | 2026-Q2 |
| Northside Capital Management, LLC trimmed | 620,223 | $19M | 0.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 611,250 | $19M | 0.5% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 596,777 | $18M | 0.4% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH trimmed | 585,208 | $18M | 0.4% | 2026-Q2 |
| DEUTSCHE BANK AG\ | 584,595 | $18M | 0.4% | 2026-Q2 |
| SWAN Capital LLC added | 575,662 | $18M | 0.4% | 2026-Q2 |
| Markowski Investments new | 549,635 | $17M | 0.4% | 2026-Q2 |
| Independence Financial Advisors, LLC added | 543,016 | $17M | 0.4% | 2026-Q2 |
| Welch & Forbes LLC trimmed | 521,867 | $16M | 0.4% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 512,647 | $16M | 0.4% | 2026-Q2 |
| Cordoba Advisory Partners LLC added | 509,545 | $16M | 0.4% | 2026-Q2 |
| &PARTNERS added | 504,999 | $15M | 0.4% | 2026-Q2 |
| Ballast, Inc. added | 450,713 | $14M | 0.3% | 2026-Q2 |
| NewEdge Advisors, LLC added | 448,050 | $14M | 0.3% | 2026-Q2 |
| STEPHENS INC /AR/ trimmed | 446,632 | $14M | 0.3% | 2026-Q2 |
| Robertson Stephens Wealth Management, LLC trimmed | 420,468 | $13M | 0.3% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 406,084 | $12M | 0.3% | 2026-Q2 |
| FULTON BREAKEFIELD BROENNIMAN LLC trimmed | 405,687 | $12M | 0.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 404,432 | $12M | 0.3% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. trimmed | 400,314 | $12M | 0.3% | 2026-Q2 |
| Stratos Wealth Partners, LTD. trimmed | 390,866 | $12M | 0.3% | 2026-Q2 |
| CONNING INC. | 390,500 | $12M | 0.3% | 2026-Q2 |
| FIRST CITIZENS BANK & TRUST CO trimmed | 388,438 | $12M | 0.3% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 384,915 | $12M | 0.3% | 2026-Q2 |
| COLLECTIVE FAMILY OFFICE LLC added | 347,077 | $11M | 0.3% | 2026-Q2 |
| Stablepoint Partners, LLC added | 346,842 | $11M | 0.3% | 2026-Q2 |
| Bramshill Investments, LLC added | 344,817 | $11M | 0.3% | 2026-Q2 |
| Mountain Hill Investment Partners Corp. added | 336,638 | $10M | 0.3% | 2026-Q2 |
| Focus Partners Wealth trimmed | 320,505 | $10M | 0.2% | 2026-Q2 |
| Florida Trust Wealth Management Co trimmed | 319,156 | $10M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 311,098 | $9M | 0.2% | 2026-Q2 |
| Prospera Financial Services Inc added | 300,766 | $9M | 0.2% | 2026-Q2 |
| Tanager Wealth Management LLP added | 297,175 | $9M | 0.2% | 2026-Q2 |
| AMG National Trust Bank trimmed | 289,548 | $9M | 0.2% | 2026-Q2 |
| Coral Wealth Management, LLC added | 285,927 | $9M | 0.2% | 2026-Q2 |
| ANGELES WEALTH MANAGEMENT, LLC trimmed | 284,867 | $9M | 0.2% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. trimmed | 278,261 | $8M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 275,574 | $8M | 0.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 275,464 | $8M | 0.2% | 2026-Q2 |
| Centiva Capital, LP added | 274,900 | $8M | 0.2% | 2026-Q2 |
| Quadrature Capital Ltd added | 273,666 | $8M | 0.2% | 2026-Q2 |
| RWA WEALTH PARTNERS, LLC added | 261,480 | $8M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC added | 254,161 | $8M | 0.2% | 2026-Q2 |
| Mesirow Financial Investment Management, Inc. added | 249,354 | $8M | 0.2% | 2026-Q2 |
| Cambria Investment Management, L.P. added | 247,668 | $8M | 0.2% | 2026-Q2 |
| Lido Advisors, LLC added | 237,237 | $7M | 0.2% | 2026-Q2 |
| SYKON CAPITAL LLC added | 237,128 | $7M | 0.2% | 2026-Q2 |
| Freedom Day Solutions, LLC trimmed | 236,211 | $7M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 233,378 | $7M | 0.2% | 2026-Q2 |
| RPg Family Wealth Advisory, LLC added | 227,567 | $7M | 0.2% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 226,934 | $7M | 0.2% | 2026-Q2 |
| Regal Investment Advisors LLC trimmed | 226,182 | $7M | 0.2% | 2026-Q2 |
| Risk Paradigm Group, LLC added | 224,325 | $7M | 0.2% | 2026-Q2 |
| Arch Global Advisors, LLC added | 210,950 | $6M | 0.2% | 2026-Q2 |
| CIM, LLC added | 210,735 | $6M | 0.2% | 2026-Q2 |
| DAVENPORT & Co LLC trimmed | 209,275 | $6M | 0.2% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 209,221 | $6M | 0.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 209,019 | $6M | 0.2% | 2026-Q2 |
| MassMutual Private Wealth & Trust, FSB trimmed | 205,596 | $6M | 0.2% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 205,499 | $6M | 0.2% | 2026-Q2 |
| Cornerstone Financial Group, LLC /NE/ added | 205,330 | $6M | 0.2% | 2026-Q2 |
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.