Who owns PHYS (PHYS)
Which tracked institutional funds hold PHYS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PHYS 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
180 tracked funds added or opened PHYS while 75 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
PHYS’s largest tracked holder by dollar value, ROYAL BANK OF CANADA, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.7% of theirs — a 0.7pp gap the other way — the median holder sizes PHYS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in PHYS 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 671 tracked filers holding PHYS, 288 increased or opened the position and 260 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 PHYS 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 30
- Weiss Asset Management LP$17M
- JOHNSON INVESTMENT COUNSEL INC$16M
- Knoll Capital Management, LLC$14M
- TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC$13M
- LexAurum Advisors, LLC$12M
- Gladstone Institutional Advisory LLC$6M
Full exits 16
- Polar Asset Management Partners Inc.$200M
- Pekin Hardy Strauss, Inc.$143M
- COHEN & STEERS, INC.$17M
- TIAA TRUST, NATIONAL ASSOCIATION$12M
- Quilter Plc$8M
- ORG Partners LLC$4M
Largest adds
- IMC-Chicago, LLC$73M
- CENTRAL TRUST Co$52M
- GOLDMAN SACHS GROUP INC$46M
- JANE STREET GROUP, LLC$38M
- WIT Partners Advisory Pte. Ltd.$27M
- Federation des caisses Desjardins du Quebec$21M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$139M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$18M
- Tidal Investments LLC$9M
- OSAIC HOLDINGS, INC.$7M
- Sowell Financial Services LLC$6M
- OBERNDORF WILLIAM E$6M
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 |
|---|---|---|---|---|
| ROYAL BANK OF CANADA trimmed | 9,065,043 | $321M | 7.4% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 5,821,327 | $206M | 4.8% | 2026-Q1 |
| CENTRAL TRUST Co added | 5,542,655 | $196M | 4.6% | 2026-Q1 |
| MORGAN STANLEY added | 5,537,762 | $196M | 4.5% | 2026-Q1 |
| Heritage Wealth Advisors trimmed | 4,794,455 | $170M | 3.9% | 2026-Q1 |
| Evanson Asset Management, LLC trimmed | 3,839,307 | $136M | 3.2% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD trimmed | 3,270,273 | $116M | 2.7% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 3,082,329 | $109M | 2.5% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 2,531,940 | $90M | 2.1% | 2026-Q1 |
| IMC-Chicago, LLC added | 2,449,218 | $87M | 2.0% | 2026-Q1 |
| LPL Financial LLC added | 2,361,598 | $84M | 1.9% | 2026-Q1 |
| Bleakley Financial Group, LLC trimmed | 2,219,816 | $79M | 1.8% | 2026-Q1 |
| SPROTT INC. trimmed | 2,109,488 | $75M | 1.7% | 2026-Q1 |
| MATAURO, LLC added | 2,065,418 | $73M | 1.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 2,007,130 | $71M | 1.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,803,388 | $64M | 1.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,772,405 | $63M | 1.5% | 2026-Q1 |
| SouthState Bank Corp trimmed | 1,735,437 | $62M | 1.4% | 2026-Q1 |
| Cetera Investment Advisers added | 1,726,789 | $61M | 1.4% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 1,556,314 | $55M | 1.3% | 2026-Q1 |
| Forest Hill Capital, LLC | 1,448,500 | $51M | 1.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,430,221 | $51M | 1.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 1,376,380 | $49M | 1.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,355,749 | $48M | 1.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 1,347,193 | $48M | 1.1% | 2026-Q1 |
| HighTower Advisors, LLC added | 1,285,906 | $46M | 1.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 1,112,010 | $39M | 0.9% | 2026-Q1 |
| Auxano Advisors, LLC trimmed | 1,007,737 | $36M | 0.8% | 2026-Q1 |
| Capital Wealth Alliance, LLC added | 956,566 | $34M | 0.8% | 2026-Q1 |
| WIT Partners Advisory Pte. Ltd. added | 941,220 | $33M | 0.8% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 858,339 | $30M | 0.7% | 2026-Q1 |
| SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC trimmed | 853,305 | $30M | 0.7% | 2026-Q1 |
| VAN DEN BERG MANAGEMENT I, INC trimmed | 834,961 | $30M | 0.7% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 832,843 | $30M | 0.7% | 2026-Q1 |
| 3EDGE Asset Management, LP trimmed | 863,368 | $29M | 0.7% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 815,517 | $29M | 0.7% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 799,576 | $28M | 0.7% | 2026-Q1 |
| Basepoint Wealth LLC trimmed | 788,317 | $28M | 0.6% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 762,956 | $27M | 0.6% | 2026-Q1 |
| SCOTIA CAPITAL INC. trimmed | 750,250 | $26M | 0.6% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 724,494 | $26M | 0.6% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 692,869 | $24M | 0.6% | 2026-Q1 |
| TCP Asset Management, LLC added | 657,916 | $23M | 0.5% | 2026-Q1 |
| Private Advisor Group, LLC added | 638,594 | $23M | 0.5% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 637,542 | $23M | 0.5% | 2026-Q1 |
| Marex Group plc trimmed | 635,056 | $23M | 0.5% | 2026-Q1 |
| Cannell & Spears LLC added | 617,290 | $22M | 0.5% | 2026-Q1 |
| LEAVELL INVESTMENT MANAGEMENT, INC. added | 601,703 | $21M | 0.5% | 2026-Q1 |
| O'Brien Greene & Co. Inc added | 581,416 | $21M | 0.5% | 2026-Q1 |
| Cyndeo Wealth Partners, LLC trimmed | 563,098 | $20M | 0.5% | 2026-Q1 |
| Meixler Investment Management, Ltd. trimmed | 548,744 | $19M | 0.4% | 2026-Q1 |
| FIDELIS CAPITAL PARTNERS, LLC | 543,915 | $19M | 0.4% | 2026-Q1 |
| Laird Norton Wetherby Trust Company, LLC trimmed | 542,013 | $19M | 0.4% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 539,041 | $19M | 0.4% | 2026-Q1 |
| Kingsview Wealth Management, LLC added | 536,503 | $19M | 0.4% | 2026-Q1 |
| BIP Wealth, LLC added | 506,722 | $18M | 0.4% | 2026-Q1 |
| K.J. Harrison & Partners Inc added | 505,278 | $18M | 0.4% | 2026-Q1 |
| Intesa Sanpaolo Wealth Management added | 503,249 | $18M | 0.4% | 2026-Q1 |
| Prospera Financial Services Inc added | 489,776 | $17M | 0.4% | 2026-Q1 |
| Weiss Asset Management LP added | 484,101 | $17M | 0.4% | 2026-Q1 |
| Baird Financial Group, Inc. added | 481,001 | $17M | 0.4% | 2026-Q1 |
| WEALTHCARE CAPITAL MANAGEMENT LLC trimmed | 469,559 | $17M | 0.4% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 461,475 | $17M | 0.4% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 467,109 | $17M | 0.4% | 2026-Q1 |
| JOHNSON INVESTMENT COUNSEL INC added | 456,672 | $16M | 0.4% | 2026-Q1 |
| Tidal Investments LLC trimmed | 454,474 | $16M | 0.4% | 2026-Q1 |
| Mountain Lake Investment Management LLC trimmed | 450,344 | $16M | 0.4% | 2026-Q1 |
| Vident Advisory, LLC added | 445,593 | $16M | 0.4% | 2026-Q1 |
| HENGEHOLD CAPITAL MANAGEMENT LLC trimmed | 443,281 | $16M | 0.4% | 2026-Q1 |
| JP Wealth Management, Inc. added | 432,610 | $15M | 0.4% | 2026-Q1 |
| Essential Partners LLC added | 419,852 | $15M | 0.3% | 2026-Q1 |
| Essex Financial Services, Inc. added | 405,027 | $14M | 0.3% | 2026-Q1 |
| Summit Financial, LLC trimmed | 399,311 | $14M | 0.3% | 2026-Q1 |
| Global Endowment Management, LP | 396,000 | $14M | 0.3% | 2026-Q1 |
| Harbour Wealth Management Group, Inc. trimmed | 387,894 | $14M | 0.3% | 2026-Q1 |
| Knoll Capital Management, LLC new | 387,055 | $14M | 0.3% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 378,878 | $14M | 0.3% | 2026-Q1 |
| Accordant Advisory Group Inc added | 378,692 | $13M | 0.3% | 2026-Q1 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new | 375,567 | $13M | 0.3% | 2026-Q1 |
| Asset One Wealth Management LLC added | 373,285 | $13M | 0.3% | 2026-Q1 |
| TRANSCEND CAPITAL ADVISORS, LLC added | 373,174 | $13M | 0.3% | 2026-Q1 |
| Guild Investment Management, Inc. trimmed | 362,870 | $13M | 0.3% | 2026-Q1 |
| Kera Capital Partners, Inc. added | 361,380 | $13M | 0.3% | 2026-Q1 |
| Ancora Advisors LLC trimmed | 347,932 | $12M | 0.3% | 2026-Q1 |
| LexAurum Advisors, LLC added | 345,284 | $12M | 0.3% | 2026-Q1 |
| FULCRUM WEALTH ADVISORS, LLC trimmed | 341,152 | $12M | 0.3% | 2026-Q1 |
| Advisory Services Network, LLC added | 332,325 | $12M | 0.3% | 2026-Q1 |
| TrustWell Financial Advisors, LLC trimmed | 329,001 | $12M | 0.3% | 2026-Q1 |
| Blueprint Financial Advisors LLC added | 328,489 | $12M | 0.3% | 2026-Q1 |
| Blueprint Investment Partners LLC added | 328,489 | $12M | 0.3% | 2026-Q1 |
| Pacific Sage Partners, LLC added | 327,776 | $12M | 0.3% | 2026-Q1 |
| SMI Advisory Services, LLC trimmed | 312,744 | $11M | 0.3% | 2026-Q1 |
| PHILADELPHIA TRUST CO trimmed | 304,569 | $11M | 0.3% | 2026-Q1 |
| Polar Asset Management Partners Inc. trimmed | 6,058,832 | $200M | 4.6% | 2025-Q4 stale |
| Pekin Hardy Strauss, Inc. added | 4,318,119 | $143M | 3.3% | 2025-Q4 stale |
| Concorde Financial Corp trimmed | 616,691 | $18M | 0.4% | 2025-Q3 stale |
| COHEN & STEERS, INC. added | 522,155 | $17M | 0.4% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 545,100 | $14M | 0.3% | 2025-Q2 stale |
| TIAA TRUST, NATIONAL ASSOCIATION added | 374,029 | $12M | 0.3% | 2025-Q4 stale |
| Strategic Blueprint, LLC added | 377,026 | $11M | 0.3% | 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.
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.