Who owns PIEQ
Which tracked institutional funds hold PIEQ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PIEQ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
7 tracked funds added or opened PIEQ while 3 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
PIEQ’s largest tracked holder by dollar value, PRINCIPAL FINANCIAL GROUP INC, sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PIEQ 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 25 tracked filers holding PIEQ, 18 increased or opened the position and 9 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 PIEQ 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 2
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$817K
- HighPoint Advisor Group LLC$699K
Largest adds
- PRINCIPAL SECURITIES, INC.$256M
- ENVESTNET ASSET MANAGEMENT INC$252M
- LPL Financial LLC$2M
- JANE STREET GROUP, LLC$1M
- Private Advisor Group, LLC$659K
Largest trims
- PRINCIPAL FINANCIAL GROUP INC$173M
- Kraft, Davis & Associates, LLC$1M
- CITADEL ADVISORS LLC$866K
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 |
|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP INC trimmed | 24,666,040 | $881M | 52.5% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 11,041,875 | $396M | 23.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 10,553,734 | $379M | 22.6% | 2026-Q2 |
| LPL Financial LLC added | 100,417 | $4M | 0.2% | 2026-Q2 |
| Capital Investment Advisory Services, LLC added | 79,641 | $3M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 67,182 | $2M | 0.1% | 2026-Q2 |
| Kraft, Davis & Associates, LLC trimmed | 67,404 | $2M | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC added | 61,176 | $2M | 0.1% | 2026-Q2 |
| Smartleaf Asset Management LLC | 56,979 | $2M | 0.1% | 2026-Q2 |
| Next Level Private LLC trimmed | 25,431 | $913K | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 22,756 | $817K | 0.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 19,600 | $703K | 0.0% | 2026-Q2 |
| HighPoint Advisor Group LLC new | 19,490 | $699K | 0.0% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 7,411 | $266K | 0.0% | 2026-Q2 |
| Wealthspire Retirement, LLC added | 7,367 | $264K | 0.0% | 2026-Q2 |
| Apollon Financial, LLC new | 5,941 | $213K | 0.0% | 2026-Q2 |
| Cape Investment Advisory, Inc. trimmed | 1,891 | $68K | 0.0% | 2026-Q2 |
| FMR LLC added | 1,362 | $49K | 0.0% | 2026-Q2 |
| GILPIN WEALTH MANAGEMENT, LLC | 1,000 | $36K | 0.0% | 2026-Q2 |
| Pinnacle Bancorp, Inc. new | 536 | $19K | 0.0% | 2026-Q2 |
| UBS Group AG added | 366 | $13K | 0.0% | 2026-Q2 |
| CITIGROUP INC new | 359 | $13K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. new | 181 | $6K | 0.0% | 2026-Q2 |
| ASSETMARK, INC trimmed | 68 | $2K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 45 | $2K | 0.0% | 2026-Q2 |
| Western Wealth Management, LLC new | 616 | $21K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Intentional Wealth Strategies, LLC new | 177 | $6K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| MORGAN STANLEY trimmed | 10 | $340 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| MCGUIRE CAPITAL ADVISORS INC trimmed | 8 | $272 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Kestra Advisory Services, LLC new | 615 | $20K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| WELLS FARGO & COMPANY/MN new | 58 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| FLOW TRADERS U.S. LLC trimmed | 26,400 | $836K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| CWM, LLC new | 163 | $5K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.