Who owns PICB
Which tracked institutional funds hold PICB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PICB company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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 PICB is one-sided between 2025-Q4 and 2026-Q1: 17 added or opened and 5 trimmed or exited — on balance accumulating.
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
PICB’s largest tracked holder by dollar value, Tanager Wealth Management LLP, sizes it at 8.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 8.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PICB 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 65 tracked filers holding PICB, 50 increased or opened the position and 16 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 PICB 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 6
- Dunhill Financial, LLC$50M
- Mariner, LLC$3M
- JANE STREET GROUP, LLC$2M
- JOHNSON INVESTMENT COUNSEL INC$1M
- Cerity Partners LLC$1M
- 17 CAPITAL PARTNERS, LLC$544K
Full exits 1
- Point Nemo Capital, LLC$892K
Largest adds
- Tanager Wealth Management LLP$16M
- Walkner Condon Financial Advisors LLC$4M
- LPL Financial LLC$1M
- MORGAN STANLEY$1M
- Grey Fox Wealth Advisors, LLC$782K
- JONES FINANCIAL COMPANIES LLLP$576K
Largest trims
- Thrivent Financial for Lutherans$9M
- Urban Financial Advisory Corp$7M
- Checchi Capital Advisers, LLC$2M
- Factor Wealth Management LTD$305K
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 |
|---|---|---|---|---|
| Tanager Wealth Management LLP added | 3,676,200 | $85M | 32.9% | 2026-Q1 |
| Dunhill Financial, LLC new | 2,174,115 | $50M | 19.5% | 2026-Q1 |
| Checchi Capital Advisers, LLC trimmed | 835,786 | $19M | 7.5% | 2026-Q1 |
| Urban Financial Advisory Corp trimmed | 621,712 | $14M | 5.6% | 2026-Q1 |
| MORGAN STANLEY added | 483,413 | $11M | 4.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 448,171 | $10M | 4.0% | 2026-Q1 |
| LPL Financial LLC added | 415,339 | $10M | 3.7% | 2026-Q1 |
| Walkner Condon Financial Advisors LLC added | 238,901 | $6M | 2.1% | 2026-Q1 |
| Mariner, LLC new | 139,971 | $3M | 1.3% | 2026-Q1 |
| 1 NORTH WEALTH SERVICES LLC added | 131,187 | $3M | 1.2% | 2026-Q1 |
| Rathbones Group PLC added | 130,009 | $3M | 1.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 106,183 | $2M | 1.0% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 97,968 | $2M | 0.9% | 2026-Q1 |
| Bristlecone Value Partners, LLC added | 92,532 | $2M | 0.8% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 79,886 | $2M | 0.7% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC added | 60,665 | $1M | 0.5% | 2026-Q1 |
| Climber Capital SA | 57,215 | $1M | 0.5% | 2026-Q1 |
| JOHNSON INVESTMENT COUNSEL INC new | 51,235 | $1M | 0.5% | 2026-Q1 |
| Private Advisor Group, LLC added | 48,639 | $1M | 0.4% | 2026-Q1 |
| Grey Fox Wealth Advisors, LLC added | 44,243 | $1M | 0.4% | 2026-Q1 |
| Cerity Partners LLC new | 43,847 | $1M | 0.4% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT CO LTD | 42,865 | $990K | 0.4% | 2026-Q1 |
| Fortis Group Advisors, LLC added | 38,309 | $903K | 0.3% | 2026-Q1 |
| VERITY Wealth Advisors added | 32,431 | $749K | 0.3% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 31,536 | $722K | 0.3% | 2026-Q1 |
| Millington Financial Advisors, LLC added | 30,607 | $720K | 0.3% | 2026-Q1 |
| CHAPMAN FINANCIAL GROUP, LLC added | 28,096 | $649K | 0.3% | 2026-Q1 |
| Vontobel Holding Ltd. added | 27,238 | $629K | 0.2% | 2026-Q1 |
| 17 CAPITAL PARTNERS, LLC trimmed | 23,543 | $544K | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 23,285 | $538K | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 22,715 | $525K | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 22,116 | $511K | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 20,789 | $481K | 0.2% | 2026-Q1 |
| Sequoia Financial Advisors, LLC added | 19,901 | $460K | 0.2% | 2026-Q1 |
| UBS Group AG trimmed | 19,051 | $440K | 0.2% | 2026-Q1 |
| Pacifica Partners Inc. added | 17,315 | $400K | 0.2% | 2026-Q1 |
| Insight Wealth Strategies, LLC added | 16,928 | $391K | 0.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 15,638 | $361K | 0.1% | 2026-Q1 |
| Ausdal Financial Partners, Inc. added | 14,923 | $345K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 14,854 | $343K | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 12,819 | $296K | 0.1% | 2026-Q1 |
| Factor Wealth Management LTD trimmed | 12,541 | $290K | 0.1% | 2026-Q1 |
| Freedom Investment Management, Inc. trimmed | 12,509 | $289K | 0.1% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ | 11,982 | $277K | 0.1% | 2026-Q1 |
| Kingsview Wealth Management, LLC added | 11,367 | $263K | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 10,473 | $242K | 0.1% | 2026-Q1 |
| LEDERER & ASSOCIATES INVESTMENT COUNSEL/CA new | 10,330 | $239K | 0.1% | 2026-Q1 |
| Advisory Alpha, LLC new | 9,245 | $214K | 0.1% | 2026-Q1 |
| Fifth Third Securities, Inc. added | 9,043 | $209K | 0.1% | 2026-Q1 |
| Addison Advisors LLC added | 8,740 | $202K | 0.1% | 2026-Q1 |
| Forum Finance Group S.A. new | 9,450 | $175K | 0.1% | 2026-Q1 |
| FIRST UNITED BANK & TRUST added | 4,685 | $108K | 0.0% | 2026-Q1 |
| SHP Wealth Management added | 3,278 | $76K | 0.0% | 2026-Q1 |
| Ancora Advisors LLC added | 2,117 | $49K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,542 | $35K | 0.0% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ | 1,000 | $23K | 0.0% | 2026-Q1 |
| Cullen/Frost Bankers, Inc. added | 716 | $17K | 0.0% | 2026-Q1 |
| Archer Investment Corp new | 497 | $11K | 0.0% | 2026-Q1 |
| Capital Advisors, Ltd. LLC new | 238 | $5K | 0.0% | 2026-Q1 |
| US BANCORP \DE\ | 191 | $4K | 0.0% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC new | 142 | $3K | 0.0% | 2026-Q1 |
| FMR LLC added | 42 | $970 | 0.0% | 2026-Q1 |
| Capital Investment Advisory Services, LLC trimmed | 34 | $785 | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. trimmed | 32 | $739 | 0.0% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. | 5 | $116 | 0.0% | 2026-Q1 |
| Redhawk Wealth Advisors, Inc. new | 414,341 | $10M | 3.9% | 2025-Q2 stale |
| CITADEL ADVISORS LLC trimmed | 52,550 | $1M | 0.5% | 2025-Q2 stale |
| Point Nemo Capital, LLC new | 37,337 | $892K | 0.3% | 2025-Q4 stale |
| Plan A Wealth LLC trimmed | 15,141 | $362K | 0.1% | 2025-Q4 stale |
| McGinn Penninger Investment Management, Inc. new | 13,358 | $297K | 0.1% | 2025-Q1 stale |
| FLOW TRADERS U.S. LLC | 10,000 | $239K | 0.1% | 2025-Q4 stale |
| Cambridge Investment Research Advisors, Inc. new | 8,688 | $210K | 0.1% | 2025-Q2 stale |
| RAYMOND JAMES FINANCIAL INC new | 6,417 | $155K | 0.1% | 2025-Q2 stale |
| NewEdge Advisors, LLC new | 6,947 | $154K | 0.1% | 2025-Q1 stale |
| Cape Investment Advisory, Inc. added | 4,137 | $99K | 0.0% | 2025-Q4 stale |
| Kestra Advisory Services, LLC new | 1,808 | $43K | 0.0% | 2025-Q4 stale |
| Anderson Financial Strategies, LLC new | 1,813 | $40K | 0.0% | 2025-Q1 stale |
| Global Retirement Partners, LLC added | 429 | $10K | 0.0% | 2025-Q4 stale |
| Rosenberg Matthew Hamilton trimmed | 253 | $6K | 0.0% | 2025-Q1 stale |
| CWM, LLC added | 131 | $3K | 0.0% | 2025-Q1 stale |
| Transce3nd, LLC | 75 | $2K | 0.0% | 2025-Q2 stale |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 64 | $2K | 0.0% | 2025-Q4 stale |
| Glass Jacobson Investment Advisors llc | 37 | $882 | 0.0% | 2025-Q3 stale |
| Financial Gravity Companies, Inc. trimmed | 33 | $798 | 0.0% | 2025-Q2 stale |
| Financial Gravity Asset Management, Inc. | 33 | $786 | 0.0% | 2025-Q3 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.