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Institutional Ownership · SEC Form 13F

Who owns PHYL


Which tracked institutional funds hold PHYL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PHYL 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.

125
Institutional holders
35M
Shares held (tracked funds)

How the tape is positioned

43 tracked funds added or opened PHYL while 16 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

PHYL’s largest tracked holder by dollar value, PRUDENTIAL FINANCIAL INC, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in PHYL 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 125 tracked filers holding PHYL, 95 increased or opened the position and 34 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 PHYL 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 11

  • KFA Private Wealth Group, LLC$5M
  • Spectrum Wealth Advisory Group, LLC$4M
  • Advyzon Investment Management, LLC$3M
  • Seros Financial, LLC$2M
  • OLD MISSION CAPITAL LLC$2M
  • Baer Investment Advisory LLC$2M

Full exits 6

  • Foguth Wealth Management, LLC.$6M
  • COMMONWEALTH EQUITY SERVICES, LLC$2M
  • J.W. COLE ADVISORS, INC.$1M
  • ROVIN CAPITAL /UT/ /ADV$1M
  • FFG RETIREMENT ADVISORS LLC$1M
  • Claro Advisors Inc.$776K

Largest adds

  • PRUDENTIAL FINANCIAL INC$212M
  • RAYMOND JAMES FINANCIAL INC$31M
  • State of New Jersey Common Pension Fund D$14M
  • AMERIPRISE FINANCIAL INC$13M
  • ENVESTNET ASSET MANAGEMENT INC$9M
  • WELLS FARGO & COMPANY/MN$9M

Largest trims

  • Thrivent Financial for Lutherans$11M
  • Inspire Advisors, LLC$4M
  • PFW Advisors LLC$2M
  • Vestmark Advisory Solutions, Inc.$2M
  • JANE STREET GROUP, LLC$2M
  • Equitable Holdings, Inc.$838K

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
PRUDENTIAL FINANCIAL INC added19,794,108$685M56.1%2026-Q1
State of New Jersey Common Pension Fund D added2,175,000$75M6.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added1,360,007$47M3.9%2026-Q1
RAYMOND JAMES FINANCIAL INC added1,333,765$46M3.8%2026-Q1
AMERIPRISE FINANCIAL INC added1,261,120$44M3.6%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added723,228$25M2.0%2026-Q1
WELLS FARGO & COMPANY/MN added520,828$18M1.5%2026-Q1
Capital Analysts, LLC added487,663$17M1.4%2026-Q1
LPL Financial LLC added455,159$16M1.3%2026-Q1
Cetera Investment Advisers added377,707$13M1.1%2026-Q1
JPMORGAN CHASE & CO added372,705$13M1.1%2026-Q1
ROYAL BANK OF CANADA added327,513$11M0.9%2026-Q1
Inspire Advisors, LLC trimmed245,488$9M0.7%2026-Q1
RFG Advisory, LLC added235,187$8M0.7%2026-Q1
MML INVESTORS SERVICES, LLC added232,300$8M0.7%2026-Q1
Ellenbecker Investment Group added182,603$6M0.5%2026-Q1
OneDigital Investment Advisors LLC added179,621$6M0.5%2026-Q1
Vestmark Advisory Solutions, Inc. trimmed165,721$6M0.5%2026-Q1
CacheTech Inc. added158,473$5M0.4%2026-Q1
STIFEL FINANCIAL CORP added157,413$5M0.4%2026-Q1
American Alpha Advisors, LLC added153,538$5M0.4%2026-Q1
Adams Wealth Management added149,093$5M0.4%2026-Q1
Advisory Resource Group added148,164$5M0.4%2026-Q1
Fifth Third Securities, Inc. added144,072$5M0.4%2026-Q1
KFA Private Wealth Group, LLC new141,233$5M0.4%2026-Q1
JONES FINANCIAL COMPANIES LLLP added133,200$5M0.4%2026-Q1
Ocean Park Asset Management, LLC128,300$4M0.4%2026-Q1
Cambridge Investment Research Advisors, Inc. added127,079$4M0.4%2026-Q1
Breakwater Capital Group added121,146$4M0.3%2026-Q1
Spectrum Wealth Advisory Group, LLC new110,177$4M0.3%2026-Q1
EARNED WEALTH ADVISORS, LLC added108,624$4M0.3%2026-Q1
Stratos Wealth Partners, LTD. trimmed108,066$4M0.3%2026-Q1
SAX WEALTH ADVISORS, LLC104,016$4M0.3%2026-Q1
Smartleaf Asset Management LLC added97,623$3M0.3%2026-Q1
Mutual Advisors, LLC added95,942$3M0.3%2026-Q1
OSAIC HOLDINGS, INC. added87,292$3M0.2%2026-Q1
Keenan, LLC added84,136$3M0.2%2026-Q1
Advyzon Investment Management, LLC new80,299$3M0.2%2026-Q1
Clarity Retirement & Wealth, LLC added68,012$2M0.2%2026-Q1
PFW Advisors LLC trimmed67,232$2M0.2%2026-Q1
First Citizens Financial Corp added64,399$2M0.2%2026-Q1
Thrivent Financial for Lutherans trimmed64,192$2M0.2%2026-Q1
Seros Financial, LLC new61,709$2M0.2%2026-Q1
OLD MISSION CAPITAL LLC new60,886$2M0.2%2026-Q1
JANE STREET GROUP, LLC trimmed58,781$2M0.2%2026-Q1
RFG - Bristol Wealth Advisors, LLC added56,494$2M0.2%2026-Q1
MRA Advisory Group added51,714$2M0.1%2026-Q1
Fjell Capital, LLC added51,166$2M0.1%2026-Q1
SCHMIDT P J INVESTMENT MANAGEMENT INC added50,465$2M0.1%2026-Q1
PARK AVENUE SECURITIES LLC added48,868$2M0.1%2026-Q1
VICTORY FINANCIAL GROUP, LLC added46,375$2M0.1%2026-Q1
Baer Investment Advisory LLC new46,375$2M0.1%2026-Q1
SAGESPRING WEALTH PARTNERS, LLC new44,189$2M0.1%2026-Q1
Gibbs Wealth Management trimmed43,224$1M0.1%2026-Q1
M Holdings Securities, Inc. added41,413$1M0.1%2026-Q1
InTrack Investment Management Inc added40,955$1M0.1%2026-Q1
TrustBank trimmed39,750$1M0.1%2026-Q1
Hoxton Planning & Management, LLC added37,391$1M0.1%2026-Q1
Connecticut Capital Management Group, LLC trimmed33,610$1M0.1%2026-Q1
Equitable Holdings, Inc. trimmed29,104$1M0.1%2026-Q1
United Advisor Group, LLC added28,373$983K0.1%2026-Q1
Freedom Financial Partners LLC trimmed28,148$975K0.1%2026-Q1
Integrity Financial Corp /WA added26,212$913K0.1%2026-Q1
Bank of New York Mellon Corp trimmed24,920$863K0.1%2026-Q1
FLOW TRADERS U.S. LLC added22,406$776K0.1%2026-Q1
MBE Wealth Management, LLC added21,948$760K0.1%2026-Q1
LEVEL FOUR ADVISORY SERVICES, LLC new20,133$697K0.1%2026-Q1
Ascentis Independent Advisors added20,020$693K0.1%2026-Q1
Smith Partners Wealth Management, LLC added18,608$644K0.1%2026-Q1
JT Stratford LLC added18,586$644K0.1%2026-Q1
Steward Partners Investment Advisory, LLC added17,577$609K0.0%2026-Q1
Envestnet Portfolio Solutions, Inc. added17,016$589K0.0%2026-Q1
Ducere Wealth Management LLC new16,187$561K0.0%2026-Q1
Veracity Capital LLC added15,358$532K0.0%2026-Q1
NATIXIS ADVISORS, LLC new14,721$510K0.0%2026-Q1
HICKS CAPITAL MANAGEMENT LLC trimmed14,241$493K0.0%2026-Q1
Austin Wealth Management, LLC added13,284$463K0.0%2026-Q1
STEPHENS INC /AR/ added13,174$456K0.0%2026-Q1
ALEXANDER LABRUNERIE & CO., INC. added11,746$407K0.0%2026-Q1
KELLEHER FINANCIAL ADVISORS added11,300$391K0.0%2026-Q1
MILESTONE ASSET MANAGEMENT, LLC trimmed10,831$375K0.0%2026-Q1
Gaddis Premier Wealth Advisors LLC added10,619$368K0.0%2026-Q1
TRUIST FINANCIAL CORP added10,521$364K0.0%2026-Q1
Bison Wealth, LLC added9,780$343K0.0%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC added9,533$330K0.0%2026-Q1
Petros Family Wealth, LLC trimmed9,527$330K0.0%2026-Q1
Foguth Wealth Management, LLC. added170,817$6M0.5%2025-Q4 stale
Redhawk Wealth Advisors, Inc. new161,121$6M0.5%2025-Q3 stale
Signal Advisors Wealth, LLC trimmed157,783$6M0.5%2025-Q2 stale
Counterpoint Mutual Funds LLC100,000$3M0.3%2025-Q1 stale
COMMONWEALTH EQUITY SERVICES, LLC added60,975$2M0.2%2025-Q4 stale
J.W. COLE ADVISORS, INC. added40,384$1M0.1%2025-Q4 stale
ROVIN CAPITAL /UT/ /ADV added39,984$1M0.1%2025-Q4 stale
FFG RETIREMENT ADVISORS LLC trimmed31,842$1M0.1%2025-Q4 stale
Austin Private Wealth, LLC added25,721$896K0.1%2025-Q1 stale
Claro Advisors Inc. added21,861$776K0.1%2025-Q4 stale
Horst & Graben Wealth Management LLC added17,525$610K0.0%2025-Q1 stale
Better Money Decisions, LLC trimmed14,250$506K0.0%2025-Q2 stale
Hilltop Holdings Inc. added11,095$394K0.0%2025-Q4 stale
PFG Advisors added9,368$335K0.0%2025-Q3 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