Who owns PFFD
Which tracked institutional funds hold PFFD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PFFD 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
48 tracked funds added or opened PFFD while 27 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
PFFD’s largest tracked holder by dollar value, Orgel Wealth Management, LLC, sizes it at 2.4% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 2.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PFFD 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 270 tracked filers holding PFFD, 129 increased or opened the position and 137 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 PFFD 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 6
- Modern Wealth Management, LLC$20M
- EXCHANGE TRADED CONCEPTS, LLC$11M
- Ocean Park Asset Management, LLC$11M
- Global Retirement Partners, LLC$3M
- Alpha Financial Partners LLC$1M
- NewEdge Advisors, LLC$1M
Full exits 12
- BESSEMER GROUP INC$18M
- PARK AVENUE SECURITIES LLC$6M
- Thrivent Financial for Lutherans$5M
- HighTower Advisors, LLC$4M
- Independent Advisor Alliance$4M
- Blue Edge Capital, LLC$4M
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$6M
- Cetera Investment Advisers$4M
- MML INVESTORS SERVICES, LLC$4M
- Columbus Macro, LLC$4M
- SEI INVESTMENTS CO$3M
- MAI Capital Management$3M
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$28M
- Flaharty Asset Management, LLC$19M
- MERCER GLOBAL ADVISORS INC /ADV$9M
- LPL Financial LLC$3M
- BANK OF AMERICA CORP /DE/$3M
- Orgel Wealth Management, LLC$2M
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 |
|---|---|---|---|---|
| Orgel Wealth Management, LLC trimmed | 6,826,192 | $128M | 11.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 5,082,251 | $95M | 8.4% | 2026-Q2 |
| LPL Financial LLC trimmed | 3,399,971 | $64M | 5.6% | 2026-Q2 |
| Global X Japan Co., Ltd. trimmed | 3,283,546 | $61M | 5.4% | 2026-Q2 |
| MORGAN STANLEY trimmed | 2,797,268 | $52M | 4.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 2,526,830 | $47M | 4.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 2,522,498 | $47M | 4.1% | 2026-Q2 |
| Lido Advisors, LLC added | 1,726,148 | $32M | 2.8% | 2026-Q2 |
| FUKOKU MUTUAL LIFE INSURANCE Co | 1,551,000 | $29M | 2.5% | 2026-Q2 |
| Cetera Investment Advisers added | 1,472,675 | $28M | 2.4% | 2026-Q2 |
| New York Life Investment Management LLC added | 1,387,155 | $26M | 2.3% | 2026-Q2 |
| State of Wisconsin - Board of Commissioners of Public Lands | 1,341,305 | $25M | 2.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 1,269,010 | $24M | 2.1% | 2026-Q2 |
| RATIONAL ADVISORS, INC. added | 1,262,475 | $24M | 2.1% | 2026-Q2 |
| Columbus Macro, LLC added | 1,121,532 | $21M | 1.8% | 2026-Q2 |
| Creative Planning added | 1,106,347 | $21M | 1.8% | 2026-Q2 |
| Modern Wealth Management, LLC added | 1,087,805 | $20M | 1.8% | 2026-Q2 |
| Tiller Private Wealth, Inc. added | 1,042,759 | $19M | 1.7% | 2026-Q2 |
| ASSETMARK, INC added | 943,083 | $18M | 1.5% | 2026-Q2 |
| MAI Capital Management added | 854,288 | $16M | 1.4% | 2026-Q2 |
| COLLECTIVE FAMILY OFFICE LLC added | 777,208 | $15M | 1.3% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 718,622 | $13M | 1.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 665,418 | $12M | 1.1% | 2026-Q2 |
| UBS Group AG trimmed | 663,805 | $12M | 1.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 640,241 | $12M | 1.1% | 2026-Q2 |
| NAPLES GLOBAL ADVISORS, LLC added | 632,112 | $12M | 1.0% | 2026-Q2 |
| Ocean Park Asset Management, LLC added | 605,218 | $11M | 1.0% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC new | 605,218 | $11M | 1.0% | 2026-Q2 |
| CONNING INC. | 580,200 | $11M | 1.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 571,981 | $11M | 0.9% | 2026-Q2 |
| Carnegie Investment Counsel added | 533,633 | $10M | 0.9% | 2026-Q2 |
| AlphaStar Capital Management, LLC added | 496,591 | $9M | 0.8% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 476,029 | $9M | 0.8% | 2026-Q2 |
| Prairiewood Capital, LLC trimmed | 397,610 | $7M | 0.7% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 394,586 | $7M | 0.6% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 365,711 | $7M | 0.6% | 2026-Q2 |
| AIRE ADVISORS, LLC added | 362,142 | $7M | 0.6% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 357,909 | $7M | 0.6% | 2026-Q2 |
| Texas Yale Capital Corp. trimmed | 336,642 | $6M | 0.6% | 2026-Q2 |
| Plan Group Financial, LLC added | 327,939 | $6M | 0.5% | 2026-Q2 |
| WealthTrust Axiom LLC trimmed | 321,568 | $6M | 0.5% | 2026-Q2 |
| First Interstate Bank added | 321,320 | $6M | 0.5% | 2026-Q2 |
| SWS Partners trimmed | 278,848 | $5M | 0.5% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 262,359 | $5M | 0.4% | 2026-Q2 |
| Apella Capital, LLC trimmed | 260,807 | $5M | 0.4% | 2026-Q2 |
| EAGLE HARBOR ASSET MANAGEMENT INC /ADV added | 254,947 | $5M | 0.4% | 2026-Q2 |
| Sound Income Strategies, LLC trimmed | 226,017 | $4M | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 209,229 | $4M | 0.3% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 206,182 | $4M | 0.3% | 2026-Q2 |
| Fifth Third Securities, Inc. added | 197,434 | $4M | 0.3% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 181,285 | $3M | 0.3% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 179,600 | $3M | 0.3% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 171,917 | $3M | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC added | 164,315 | $3M | 0.3% | 2026-Q2 |
| Global Retirement Partners, LLC added | 163,943 | $3M | 0.3% | 2026-Q2 |
| Merit Financial Group, LLC added | 163,454 | $3M | 0.3% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 156,935 | $3M | 0.3% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 155,676 | $3M | 0.3% | 2026-Q2 |
| AlphaCore Capital LLC trimmed | 152,556 | $3M | 0.3% | 2026-Q2 |
| &PARTNERS trimmed | 147,447 | $3M | 0.2% | 2026-Q2 |
| Robertson Stephens Wealth Management, LLC trimmed | 143,356 | $3M | 0.2% | 2026-Q2 |
| Waverly Advisors, LLC added | 138,526 | $3M | 0.2% | 2026-Q2 |
| FF Advisors,LLC added | 132,940 | $2M | 0.2% | 2026-Q2 |
| GREENWOOD CAPITAL ASSOCIATES LLC added | 131,142 | $2M | 0.2% | 2026-Q2 |
| Summit Financial, LLC trimmed | 130,478 | $2M | 0.2% | 2026-Q2 |
| Gladstone Institutional Advisory LLC trimmed | 122,640 | $2M | 0.2% | 2026-Q2 |
| Crews Bank & Trust added | 121,730 | $2M | 0.2% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 116,972 | $2M | 0.2% | 2026-Q2 |
| Trajan Wealth LLC added | 115,289 | $2M | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 109,711 | $2M | 0.2% | 2026-Q2 |
| Hegarty Advisors, LLC added | 103,750 | $2M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 102,380 | $2M | 0.2% | 2026-Q2 |
| Cyndeo Wealth Partners, LLC added | 98,738 | $2M | 0.2% | 2026-Q2 |
| Flaharty Asset Management, LLC trimmed | 97,614 | $2M | 0.2% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 92,115 | $2M | 0.2% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 89,919 | $2M | 0.1% | 2026-Q2 |
| Prepared Retirement Institute LLC added | 89,174 | $2M | 0.1% | 2026-Q2 |
| WealthPlan Investment Management, LLC trimmed | 87,368 | $2M | 0.1% | 2026-Q2 |
| Traub Capital Management LLC trimmed | 83,224 | $2M | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 80,508 | $2M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 79,865 | $1M | 0.1% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. | 79,595 | $1M | 0.1% | 2026-Q2 |
| WEBSTER BANK, N. A. added | 77,749 | $1M | 0.1% | 2026-Q2 |
| Advisors Capital Management, LLC added | 77,076 | $1M | 0.1% | 2026-Q2 |
| Unison Advisors LLC added | 75,808 | $1M | 0.1% | 2026-Q2 |
| Alpha Financial Partners LLC new | 75,479 | $1M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 74,861 | $1M | 0.1% | 2026-Q2 |
| Objective Capital Management, LLC added | 74,650 | $1M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 72,124 | $1M | 0.1% | 2026-Q2 |
| CreativeOne Wealth, LLC trimmed | 71,159 | $1M | 0.1% | 2026-Q2 |
| Eagle Strategies LLC trimmed | 70,811 | $1M | 0.1% | 2026-Q2 |
| PLIMOTH TRUST CO LLC added | 70,279 | $1M | 0.1% | 2026-Q2 |
| Investors Research Corp trimmed | 65,076 | $1M | 0.1% | 2026-Q2 |
| NWAM LLC added | 64,344 | $1M | 0.1% | 2026-Q2 |
| SCOTIA CAPITAL INC. added | 62,971 | $1M | 0.1% | 2026-Q2 |
| Alteri Wealth LLC added | 60,682 | $1M | 0.1% | 2026-Q2 |
| Grey Ledge Advisors, LLC added | 59,034 | $1M | 0.1% | 2026-Q2 |
| TD PRIVATE CLIENT WEALTH LLC trimmed | 58,396 | $1M | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 57,456 | $1M | 0.1% | 2026-Q2 |
| Mutual Advisors, LLC trimmed | 57,445 | $1M | 0.1% | 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.