Who owns PIEQ (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-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 PIEQ is one-sided between 2025-Q4 and 2026-Q1: 8 added or opened and 1 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
PIEQ’s largest tracked holder by dollar value, PRINCIPAL FINANCIAL GROUP INC, sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.6pp 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 2025-Q4 and 2026-Q1, across 21 tracked filers holding PIEQ, 15 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 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 3
- Kraft, Davis & Associates, LLC$4M
- LPL Financial LLC$2M
- CITADEL ADVISORS LLC$1M
Largest adds
- PRINCIPAL FINANCIAL GROUP INC$19M
- PRINCIPAL SECURITIES, INC.$18M
- ENVESTNET ASSET MANAGEMENT INC$15M
- Private Advisor Group, LLC$669K
- COMMONWEALTH EQUITY SERVICES, LLC$269K
Largest trims
- JANE STREET GROUP, LLC$2M
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 added | 31,588,206 | $1.1B | 78.8% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 4,141,800 | $141M | 10.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 3,733,082 | $127M | 9.5% | 2026-Q1 |
| Kraft, Davis & Associates, LLC new | 105,769 | $4M | 0.3% | 2026-Q1 |
| Capital Investment Advisory Services, LLC trimmed | 79,574 | $3M | 0.2% | 2026-Q1 |
| Smartleaf Asset Management LLC added | 56,979 | $2M | 0.1% | 2026-Q1 |
| LPL Financial LLC added | 45,773 | $2M | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC added | 45,249 | $2M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 33,346 | $1M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 28,658 | $973K | 0.1% | 2026-Q1 |
| Next Level Private LLC added | 25,442 | $864K | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 16,074 | $546K | 0.0% | 2026-Q1 |
| Wealthspire Retirement, LLC new | 7,198 | $244K | 0.0% | 2026-Q1 |
| FMR LLC new | 1,324 | $45K | 0.0% | 2026-Q1 |
| GILPIN WEALTH MANAGEMENT, LLC new | 1,000 | $34K | 0.0% | 2026-Q1 |
| Western Wealth Management, LLC new | 616 | $21K | 0.0% | 2026-Q1 |
| Intentional Wealth Strategies, LLC new | 177 | $6K | 0.0% | 2026-Q1 |
| ASSETMARK, INC | 136 | $5K | 0.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 13 | $441 | 0.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 10 | $340 | 0.0% | 2026-Q1 |
| MCGUIRE CAPITAL ADVISORS INC trimmed | 8 | $272 | 0.0% | 2026-Q1 |
| FLOW TRADERS U.S. LLC trimmed | 26,400 | $836K | 0.1% | 2025-Q3 stale |
| Cape Investment Advisory, Inc. added | 2,627 | $87K | 0.0% | 2025-Q4 stale |
| Kestra Advisory Services, LLC new | 615 | $20K | 0.0% | 2025-Q4 stale |
| CWM, LLC new | 163 | $5K | 0.0% | 2025-Q2 stale |
| WELLS FARGO & COMPANY/MN new | 58 | $2K | 0.0% | 2025-Q4 stale |
| UBS Group AG trimmed | 9 | $297 | 0.0% | 2025-Q4 stale |
| Gen-Wealth Partners Inc new | 10 | $263 | 0.0% | 2025-Q1 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.