Who owns PHDG (PHDG)
Which tracked institutional funds hold PHDG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PHDG 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
The tracked-fund tape on PHDG is one-sided between 2025-Q4 and 2026-Q1: 2 added or opened and 10 trimmed or exited — on balance reducing.
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
PHDG’s largest tracked holder by dollar value, First PREMIER Bank, sizes it at 2.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PHDG 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 42 tracked filers holding PHDG, 12 increased or opened the position and 29 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 PHDG 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 1
- January Capital Advisors LLC$935K
Full exits 1
- AXXCESS WEALTH MANAGEMENT, LLC$679K
Largest adds
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$444K
Largest trims
- Geneos Wealth Management Inc.$3M
- Lunt Capital Management, Inc.$2M
- OLD MISSION CAPITAL LLC$928K
- Asset Allocation Strategies LLC$775K
- Blueprint Investment Partners LLC$533K
- Blueprint Financial Advisors LLC$533K
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 |
|---|---|---|---|---|
| First PREMIER Bank trimmed | 310,086 | $12M | 20.5% | 2026-Q1 |
| LPL Financial LLC added | 79,477 | $3M | 5.3% | 2026-Q1 |
| Asset Allocation Strategies LLC trimmed | 63,702 | $2M | 4.2% | 2026-Q1 |
| Blueprint Financial Advisors LLC trimmed | 63,604 | $2M | 4.2% | 2026-Q1 |
| Blueprint Investment Partners LLC trimmed | 63,604 | $2M | 4.2% | 2026-Q1 |
| WFA of San Diego, LLC added | 49,851 | $2M | 3.3% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 40,583 | $2M | 2.7% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 38,750 | $1M | 2.6% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 37,294 | $1M | 2.5% | 2026-Q1 |
| Kovack Advisors, Inc. trimmed | 33,229 | $1M | 2.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 31,694 | $1M | 2.1% | 2026-Q1 |
| January Capital Advisors LLC new | 24,733 | $935K | 1.6% | 2026-Q1 |
| First Growth Capital LLC trimmed | 23,143 | $878K | 1.5% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 20,168 | $763K | 1.3% | 2026-Q1 |
| Family Capital Management, Inc. trimmed | 20,049 | $758K | 1.3% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 19,440 | $735K | 1.3% | 2026-Q1 |
| Darwin Wealth Management, LLC trimmed | 17,346 | $655K | 1.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 16,368 | $618K | 1.1% | 2026-Q1 |
| Mariner, LLC trimmed | 13,270 | $501K | 0.9% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 13,263 | $501K | 0.9% | 2026-Q1 |
| UBS Group AG trimmed | 12,033 | $455K | 0.8% | 2026-Q1 |
| Connecticut Wealth Management, LLC | 10,482 | $396K | 0.7% | 2026-Q1 |
| Lunt Capital Management, Inc. trimmed | 8,923 | $337K | 0.6% | 2026-Q1 |
| Sunbelt Securities, Inc. trimmed | 7,670 | $290K | 0.5% | 2026-Q1 |
| Patten Group, Inc. trimmed | 7,508 | $284K | 0.5% | 2026-Q1 |
| Grant Private Wealth Management Inc added | 6,987 | $264K | 0.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 6,256 | $236K | 0.4% | 2026-Q1 |
| Ameritas Advisory Services, LLC added | 5,305 | $200K | 0.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 4,301 | $163K | 0.3% | 2026-Q1 |
| HHM Wealth Advisors, LLC | 3,052 | $115K | 0.2% | 2026-Q1 |
| MORGAN STANLEY | 1,055 | $40K | 0.1% | 2026-Q1 |
| Advisory Services Network, LLC | 695 | $26K | 0.0% | 2026-Q1 |
| CWM, LLC added | 684 | $26K | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 409 | $15K | 0.0% | 2026-Q1 |
| Western Wealth Management, LLC new | 118 | $4K | 0.0% | 2026-Q1 |
| Geneos Wealth Management Inc. trimmed | 114 | $4K | 0.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 100 | $4K | 0.0% | 2026-Q1 |
| AE Wealth Management LLC | 80 | $3K | 0.0% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC trimmed | 28 | $1K | 0.0% | 2026-Q1 |
| 10Elms LLP | 26 | $982 | 0.0% | 2026-Q1 |
| Creative Capital Management Investments LLC | 4 | $151 | 0.0% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. | 2 | $76 | 0.0% | 2026-Q1 |
| LCNB CORP added | 125,924 | $5M | 8.0% | 2025-Q1 stale |
| Kestra Advisory Services, LLC added | 93,732 | $3M | 6.0% | 2025-Q1 stale |
| Sowell Financial Services LLC added | 77,737 | $3M | 4.8% | 2025-Q2 stale |
| SILVER OAK SECURITIES, INCORPORATED added | 26,628 | $940K | 1.6% | 2025-Q2 stale |
| CITADEL ADVISORS LLC added | 24,071 | $878K | 1.5% | 2025-Q1 stale |
| AXXCESS WEALTH MANAGEMENT, LLC added | 18,131 | $679K | 1.2% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC trimmed | 14,760 | $538K | 0.9% | 2025-Q1 stale |
| WOLVERINE TRADING, LLC added | 13,667 | $511K | 0.9% | 2025-Q3 stale |
| MML INVESTORS SERVICES, LLC added | 13,368 | $498K | 0.9% | 2025-Q3 stale |
| Fortis Group Advisors, LLC trimmed | 10,344 | $377K | 0.7% | 2025-Q1 stale |
| JANE STREET GROUP, LLC trimmed | 9,999 | $372K | 0.7% | 2025-Q3 stale |
| Philip James Wealth Mangement, LLC trimmed | 8,287 | $309K | 0.5% | 2025-Q3 stale |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 6,659 | $243K | 0.4% | 2025-Q1 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 6,481 | $236K | 0.4% | 2025-Q1 stale |
| Cetera Investment Advisers trimmed | 5,968 | $223K | 0.4% | 2025-Q4 stale |
| WealthPlan Investment Management, LLC trimmed | 5,864 | $214K | 0.4% | 2025-Q1 stale |
| Congress Park Capital LLC trimmed | 6,000 | $212K | 0.4% | 2025-Q2 stale |
| Clearstead Advisors, LLC | 5,760 | $210K | 0.4% | 2025-Q1 stale |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 746 | $28K | 0.0% | 2025-Q4 stale |
| Cresta Advisors, Ltd. new | 688 | $26K | 0.0% | 2025-Q4 stale |
| First Horizon Advisors, Inc. | 461 | $16K | 0.0% | 2025-Q2 stale |
| Asset Planning,Inc new | 325 | $12K | 0.0% | 2025-Q1 stale |
| PRINCIPAL SECURITIES, INC. added | 142 | $5K | 0.0% | 2025-Q3 stale |
| JPMORGAN CHASE & CO new | 93 | $3K | 0.0% | 2025-Q1 stale |
| Briaud Financial Planning, Inc new | 95 | $3K | 0.0% | 2025-Q2 stale |
| SHP Wealth Management new | 60 | $2K | 0.0% | 2025-Q4 stale |
| Capital Analysts, LLC | 21 | $1K | 0.0% | 2025-Q2 stale |
| WELLS FARGO & COMPANY/MN | 0 | $14 | 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.