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Institutional Ownership · SEC Form 13F

Who owns PSNL (PSNL)


Which tracked institutional funds hold PSNL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PSNL 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.

141
Institutional holders
84,615,012
Shares held (tracked funds)
82.6%
Of shares outstanding

How the tape is positioned

24 tracked funds added or opened PSNL while 37 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

PSNL’s largest tracked holder by dollar value, Merck & Co., Inc., sizes it at 25.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 25.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in PSNL 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 141 tracked filers holding PSNL, 85 increased or opened the position and 57 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

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 PSNL 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 13

  • Deep Track Capital, LP$19M
  • VANGUARD CAPITAL MANAGEMENT LLC$18M
  • Casdin Capital, LLC$10M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$4M
  • MILLENNIUM MANAGEMENT LLC$3M
  • VANGUARD FIDUCIARY TRUST CO$2M

Full exits 7

  • VANGUARD GROUP INC$26M
  • NEXT CENTURY GROWTH INVESTORS LLC$5M
  • ORACLE INVESTMENT MANAGEMENT INC$3M
  • JANE STREET GROUP, LLC$1M
  • D.A. DAVIDSON & CO.$1M
  • SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC$867K

Largest adds

  • T. Rowe Price Investment Management, Inc.$15M
  • JPMORGAN CHASE & CO$3M
  • GOLDMAN SACHS GROUP INC$2M
  • Portolan Capital Management, LLC$2M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$705K
  • Russell Investments Group, Ltd.$616K

Largest trims

  • Merck & Co., Inc.$22M
  • LIGHTSPEED MANAGEMENT COMPANY, L.L.C.$13M
  • ARK Investment Management LLC$12M
  • BlackRock, Inc.$8M
  • AIGH Capital Management LLC$5M
  • Aberdeen Group plc$4M

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).

FundSharesReported value% of valueQuarter
Merck & Co., Inc.14,044,943$89M15.3%2026-Q1
LIGHTSPEED MANAGEMENT COMPANY, L.L.C.8,160,734$52M8.9%2026-Q1
ARK Investment Management LLC added7,944,112$51M8.6%2026-Q1
AMERIPRISE FINANCIAL INC added7,592,807$48M8.3%2026-Q1
BlackRock, Inc. added5,389,885$34M5.9%2026-Q1
T. Rowe Price Investment Management, Inc. added4,758,091$30M5.2%2026-Q1
Aberdeen Group plc added3,488,308$22M3.8%2026-Q1
Deep Track Capital, LP new3,000,000$19M3.3%2026-Q1
AIGH Capital Management LLC2,900,000$18M3.2%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new2,868,463$18M3.1%2026-Q1
KENNEDY CAPITAL MANAGEMENT LLC added2,183,572$14M2.4%2026-Q1
Blue Water Life Science Advisors, LP1,676,300$11M1.8%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added1,650,141$11M1.8%2026-Q1
Casdin Capital, LLC new1,600,000$10M1.7%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC trimmed1,297,655$8M1.4%2026-Q1
STATE STREET CORP added1,134,170$7M1.2%2026-Q1
DIMENSIONAL FUND ADVISORS LP added1,066,248$7M1.2%2026-Q1
PFM Health Sciences, LP added870,097$6M0.9%2026-Q1
GOLDMAN SACHS GROUP INC added737,132$5M0.8%2026-Q1
Portolan Capital Management, LLC added736,713$5M0.8%2026-Q1
JPMORGAN CHASE & CO added575,490$4M0.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new560,539$4M0.6%2026-Q1
HOWLAND CAPITAL MANAGEMENT LLC547,115$3M0.6%2026-Q1
STATE OF MICHIGAN RETIREMENT SYSTEM493,798$3M0.5%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed484,270$3M0.5%2026-Q1
Amova Asset Management Americas, Inc. trimmed484,270$3M0.5%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed419,128$3M0.5%2026-Q1
NORTHERN TRUST CORP added405,800$3M0.4%2026-Q1
UBS Group AG added383,503$2M0.4%2026-Q1
Nuveen, LLC added343,520$2M0.4%2026-Q1
Wellington Shields Capital Management, LLC trimmed339,733$2M0.4%2026-Q1
VANGUARD FIDUCIARY TRUST CO new339,508$2M0.4%2026-Q1
IQ EQ FUND MANAGEMENT (IRELAND) Ltd added323,374$2M0.4%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added308,696$2M0.3%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. new300,000$2M0.3%2026-Q1
Wellington Shields & Co., LLC292,489$2M0.3%2026-Q1
Swiss Life Asset Management Ltd new30,116$2M0.3%2026-Q1
PERKINS CAPITAL MANAGEMENT INC239,000$2M0.3%2026-Q1
MORGAN STANLEY added237,315$2M0.3%2026-Q1
NANO CAP NEW MILLENNIUM GROWTH FUND L P trimmed235,000$1M0.3%2026-Q1
Bruce & Co., Inc.233,000$1M0.3%2026-Q1
FIRST MANHATTAN CO. LLC. trimmed230,600$1M0.3%2026-Q1
TUDOR INVESTMENT CORP ET AL added209,826$1M0.2%2026-Q1
HRT FINANCIAL LP added208,891$1M0.2%2026-Q1
ROYCE & ASSOCIATES LP new156,036$994K0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added149,336$951K0.2%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed144,626$921K0.2%2026-Q1
SEI INVESTMENTS CO added139,046$886K0.2%2026-Q1
Williams Jones Wealth Management, LLC.134,072$854K0.1%2026-Q1
LPL Financial LLC trimmed132,012$841K0.1%2026-Q1
Bank of New York Mellon Corp added124,641$794K0.1%2026-Q1
AMERICAN CENTURY COMPANIES INC added114,683$731K0.1%2026-Q1
BANK OF AMERICA CORP /DE/ added111,306$709K0.1%2026-Q1
TD Asset Management Inc trimmed105,678$673K0.1%2026-Q1
Swiss National Bank added105,400$671K0.1%2026-Q1
Russell Investments Group, Ltd. added101,937$649K0.1%2026-Q1
TWO SIGMA INVESTMENTS, LP added90,711$578K0.1%2026-Q1
GSA CAPITAL PARTNERS LLP added82,175$523K0.1%2026-Q1
ROYAL BANK OF CANADA trimmed78,742$502K0.1%2026-Q1
Janney Montgomery Scott LLC added75,000$478K0.1%2026-Q1
Green Alpha Advisors, LLC trimmed66,409$423K0.1%2026-Q1
Aquatic Capital Management LLC added64,269$409K0.1%2026-Q1
AlphaCentric Advisors LLC added64,032$408K0.1%2026-Q1
RHUMBLINE ADVISERS trimmed63,111$402K0.1%2026-Q1
Invesco Ltd. added62,745$400K0.1%2026-Q1
FMR LLC added62,686$399K0.1%2026-Q1
Susquehanna Portfolio Strategies, LLC trimmed61,292$390K0.1%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added58,972$376K0.1%2026-Q1
BARCLAYS PLC trimmed51,577$329K0.1%2026-Q1
Quadrature Capital Ltd trimmed38,722$247K0.0%2026-Q1
Pathstone Holdings, LLC trimmed38,449$245K0.0%2026-Q1
ALLIANCEBERNSTEIN L.P.28,700$228K0.0%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new35,517$226K0.0%2026-Q1
Vanguard Global Advisers, LLC new34,980$223K0.0%2026-Q1
DEUTSCHE BANK AG\ trimmed34,899$222K0.0%2026-Q1
VANGUARD GROUP INC added3,253,797$26M4.4%2025-Q4 stale
NEXT CENTURY GROWTH INVESTORS LLC added624,363$5M0.8%2025-Q4 stale
ExodusPoint Capital Management, LP added437,369$3M0.5%2025-Q2 stale
ORACLE INVESTMENT MANAGEMENT INC added339,343$3M0.5%2025-Q4 stale
MARSHALL WACE, LLP added696,286$2M0.4%2025-Q1 stale
JANE STREET GROUP, LLC trimmed171,166$1M0.2%2025-Q4 stale
D.A. DAVIDSON & CO. new145,507$1M0.2%2025-Q4 stale
JBF Capital, Inc. new166,104$1M0.2%2025-Q3 stale
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC108,951$867K0.1%2025-Q4 stale
Informed Momentum Co LLC trimmed116,162$762K0.1%2025-Q2 stale
CITADEL ADVISORS LLC trimmed92,162$734K0.1%2025-Q4 stale
Polar Asset Management Partners Inc. new71,700$470K0.1%2025-Q2 stale
Connor, Clark & Lunn Investment Management Ltd. trimmed68,679$451K0.1%2025-Q2 stale
Trexquant Investment LP added122,959$432K0.1%2025-Q1 stale
Verition Fund Management LLC added51,804$412K0.1%2025-Q4 stale
POLEN CAPITAL MANAGEMENT LLC new50,705$404K0.1%2025-Q4 stale
Schonfeld Strategic Advisors LLC added114,531$402K0.1%2025-Q1 stale
Man Group plc added49,373$324K0.1%2025-Q2 stale
Mach-1 Financial Group, LLC new48,822$320K0.1%2025-Q2 stale
EntryPoint Capital, LLC added83,628$294K0.1%2025-Q1 stale
Dynamic Technology Lab Private Ltd added76,729$269K0.0%2025-Q1 stale
OMERS ADMINISTRATION Corp trimmed75,200$264K0.0%2025-Q1 stale
Sanctuary Advisors, LLC new39,974$261K0.0%2025-Q3 stale
JACOBS LEVY EQUITY MANAGEMENT, INC trimmed39,629$260K0.0%2025-Q2 stale
ACADIAN ASSET MANAGEMENT LLC trimmed39,158$256K0.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership