Who owns PMBS (PMBS)
Which tracked institutional funds hold PMBS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PMBS 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 PMBS is one-sided between 2025-Q4 and 2026-Q1: 39 added or opened and 10 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
PMBS’s largest tracked holder by dollar value, Allianz Asset Management GmbH, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.1% 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 PMBS 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 98 tracked filers holding PMBS, 76 increased or opened the position and 19 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 PMBS 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 12
- Horizon Investments, LLC$15M
- BNP PARIBAS FINANCIAL MARKETS$4M
- Krilogy Financial LLC$4M
- AVITY INVESTMENT MANAGEMENT INC.$2M
- FOSTER & MOTLEY INC$1M
- True Wealth Design, LLC$1M
Full exits 4
- WBI INVESTMENTS, LLC$1M
- SEVEN MILE ADVISORY$1M
- Mariner, LLC$1M
- Maridea Wealth Management LLC$893K
Largest adds
- Allianz Asset Management GmbH$63M
- CWM, LLC$37M
- ENVESTNET ASSET MANAGEMENT INC$13M
- OneDigital Investment Advisors LLC$9M
- LPL Financial LLC$6M
- Orgel Wealth Management, LLC$4M
Largest trims
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$36M
- Advocacy Wealth Management, LLC$11M
- NewEdge Advisors, LLC$3M
- Wealthspire Advisors, LLC$2M
- Integrated Wealth Concepts LLC$1M
- RAYMOND JAMES FINANCIAL INC$386K
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 |
|---|---|---|---|---|
| Allianz Asset Management GmbH added | 8,332,736 | $413M | 38.3% | 2026-Q1 |
| Orgel Wealth Management, LLC added | 4,819,490 | $239M | 22.1% | 2026-Q1 |
| CWM, LLC added | 1,265,828 | $63M | 5.8% | 2026-Q1 |
| Advocacy Wealth Management, LLC trimmed | 1,058,736 | $53M | 4.9% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 898,129 | $45M | 4.1% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 605,723 | $30M | 2.8% | 2026-Q1 |
| McNamara Financial Services, Inc. added | 444,488 | $22M | 2.0% | 2026-Q1 |
| LPL Financial LLC added | 424,707 | $21M | 2.0% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 337,095 | $17M | 1.5% | 2026-Q1 |
| Horizon Investments, LLC new | 302,415 | $15M | 1.4% | 2026-Q1 |
| Alliance Private Wealth, LLC added | 288,729 | $14M | 1.3% | 2026-Q1 |
| Focus Partners Wealth added | 268,498 | $13M | 1.2% | 2026-Q1 |
| Integrated Wealth Concepts LLC trimmed | 218,941 | $11M | 1.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 166,074 | $8M | 0.8% | 2026-Q1 |
| Cresta Advisors, Ltd. added | 161,628 | $8M | 0.7% | 2026-Q1 |
| CreativeOne Wealth, LLC added | 120,373 | $6M | 0.6% | 2026-Q1 |
| Essex Financial Services, Inc. added | 110,218 | $5M | 0.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 103,661 | $5M | 0.5% | 2026-Q1 |
| Econ Financial Services Corp added | 99,334 | $5M | 0.5% | 2026-Q1 |
| Cetera Investment Advisers added | 87,981 | $4M | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS new | 78,909 | $4M | 0.4% | 2026-Q1 |
| Wayfinding Financial, LLC added | 78,746 | $4M | 0.4% | 2026-Q1 |
| PAX Financial Group, LLC added | 73,611 | $4M | 0.3% | 2026-Q1 |
| HOLLENCREST CAPITAL MANAGEMENT | 73,013 | $4M | 0.3% | 2026-Q1 |
| Krilogy Financial LLC new | 72,410 | $4M | 0.3% | 2026-Q1 |
| NewEdge Advisors, LLC added | 225,159 | $3M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 59,531 | $3M | 0.3% | 2026-Q1 |
| GeoWealth Management, LLC added | 59,365 | $3M | 0.3% | 2026-Q1 |
| PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC added | 59,047 | $3M | 0.3% | 2026-Q1 |
| RFG Advisory, LLC added | 50,594 | $3M | 0.2% | 2026-Q1 |
| Trek Financial, LLC added | 36,345 | $2M | 0.2% | 2026-Q1 |
| AVITY INVESTMENT MANAGEMENT INC. new | 33,400 | $2M | 0.2% | 2026-Q1 |
| BAM Wealth Management, LLC added | 30,193 | $1M | 0.1% | 2026-Q1 |
| Security Financial Services, INC. added | 28,009 | $1M | 0.1% | 2026-Q1 |
| Smith Partners Wealth Management, LLC added | 27,340 | $1M | 0.1% | 2026-Q1 |
| Wealthspire Advisors, LLC trimmed | 27,151 | $1M | 0.1% | 2026-Q1 |
| FOSTER & MOTLEY INC new | 26,825 | $1M | 0.1% | 2026-Q1 |
| Financial Synergies Wealth Advisors, Inc. added | 25,338 | $1M | 0.1% | 2026-Q1 |
| True Wealth Design, LLC new | 24,135 | $1M | 0.1% | 2026-Q1 |
| DAVENPORT & Co LLC added | 23,245 | $1M | 0.1% | 2026-Q1 |
| &PARTNERS new | 23,029 | $1M | 0.1% | 2026-Q1 |
| Barnes Wealth Management Group, Inc added | 19,414 | $963K | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 19,296 | $957K | 0.1% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. added | 18,613 | $923K | 0.1% | 2026-Q1 |
| Composition Wealth, LLC added | 17,003 | $843K | 0.1% | 2026-Q1 |
| Wealth Advisors of Iowa, LLC new | 16,833 | $835K | 0.1% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC new | 16,185 | $802K | 0.1% | 2026-Q1 |
| WCG Wealth Advisors LLC added | 14,042 | $696K | 0.1% | 2026-Q1 |
| Tranquilli Financial Advisor LLC new | 13,439 | $667K | 0.1% | 2026-Q1 |
| Weaver Consulting Group | 12,912 | $640K | 0.1% | 2026-Q1 |
| TBH Global Asset Management, LLC new | 11,979 | $621K | 0.1% | 2026-Q1 |
| MILESTONE ASSET MANAGEMENT, LLC added | 12,350 | $613K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 11,662 | $578K | 0.1% | 2026-Q1 |
| Mutual Advisors, LLC added | 10,907 | $541K | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 10,648 | $528K | 0.0% | 2026-Q1 |
| Fortis Group Advisors, LLC trimmed | 9,302 | $461K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 8,993 | $446K | 0.0% | 2026-Q1 |
| Sierra Capital LLC added | 8,563 | $425K | 0.0% | 2026-Q1 |
| WealthCare Investment Partners, LLC new | 7,845 | $389K | 0.0% | 2026-Q1 |
| Vickerman Investment Advisors, Inc. new | 7,779 | $386K | 0.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 7,572 | $376K | 0.0% | 2026-Q1 |
| Crown Wealth Group, LLC new | 7,530 | $373K | 0.0% | 2026-Q1 |
| Signal Advisors Wealth, LLC new | 7,008 | $348K | 0.0% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 6,664 | $331K | 0.0% | 2026-Q1 |
| Gateway Wealth Partners, LLC new | 6,577 | $326K | 0.0% | 2026-Q1 |
| Emissary Wealth LLC new | 6,356 | $315K | 0.0% | 2026-Q1 |
| Retirement Planning Group, LLC new | 6,164 | $306K | 0.0% | 2026-Q1 |
| WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV new | 6,000 | $298K | 0.0% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC new | 5,984 | $297K | 0.0% | 2026-Q1 |
| SCHMIDT P J INVESTMENT MANAGEMENT INC new | 5,926 | $294K | 0.0% | 2026-Q1 |
| LiftPoint Family Wealth Advisors LLC trimmed | 5,503 | $273K | 0.0% | 2026-Q1 |
| Advyzon Investment Management, LLC new | 5,503 | $273K | 0.0% | 2026-Q1 |
| Williams & Novak, LLC new | 4,800 | $237K | 0.0% | 2026-Q1 |
| Bison Wealth, LLC new | 4,663 | $230K | 0.0% | 2026-Q1 |
| DONALDSON CAPITAL MANAGEMENT, LLC trimmed | 4,557 | $226K | 0.0% | 2026-Q1 |
| MOSAIC FINANCIAL GROUP, LLC new | 4,507 | $224K | 0.0% | 2026-Q1 |
| Essex Bank | 4,201 | $208K | 0.0% | 2026-Q1 |
| STUDIO INVESTMENT MANAGEMENT LLC | 4,075 | $203K | 0.0% | 2026-Q1 |
| TD Capital Management LLC added | 2,309 | $115K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 2,283 | $113K | 0.0% | 2026-Q1 |
| Ritter Daniher Financial Advisory LLC / DE | 2,250 | $112K | 0.0% | 2026-Q1 |
| ADVISORTRUST PARTNERS, LLC new | 2,042 | $101K | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 1,711 | $85K | 0.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,073 | $53K | 0.0% | 2026-Q1 |
| Cornerstone Planning Group LLC new | 572 | $28K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc | 550 | $27K | 0.0% | 2026-Q1 |
| SkyView Investment Advisors, LLC | 134,360 | $7M | 0.6% | 2025-Q2 stale |
| U.S. Capital Wealth Advisors, LLC new | 32,100 | $2M | 0.1% | 2025-Q1 stale |
| WBI INVESTMENTS, LLC trimmed | 28,287 | $1M | 0.1% | 2025-Q4 stale |
| SEVEN MILE ADVISORY new | 28,272 | $1M | 0.1% | 2025-Q4 stale |
| Mariner, LLC new | 21,400 | $1M | 0.1% | 2025-Q4 stale |
| Maridea Wealth Management LLC trimmed | 17,969 | $893K | 0.1% | 2025-Q4 stale |
| Authentikos Wealth Advisory, LLC trimmed | 17,522 | $870K | 0.1% | 2025-Q3 stale |
| Prosperity Wealth Management, Inc. new | 12,363 | $606K | 0.1% | 2025-Q2 stale |
| OLD MISSION CAPITAL LLC new | 11,340 | $556K | 0.1% | 2025-Q2 stale |
| Blue Oak Capital, LLC added | 8,139 | $399K | 0.0% | 2025-Q2 stale |
| JANE STREET GROUP, LLC added | 7,362 | $361K | 0.0% | 2025-Q1 stale |
| MERCER GLOBAL ADVISORS INC /ADV new | 6,363 | $316K | 0.0% | 2025-Q4 stale |
| Columbia River Financial Group, LLC new | 4,921 | $245K | 0.0% | 2025-Q4 stale |
| Ameritas Advisory Services, LLC new | 1,054 | $52K | 0.0% | 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.
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.