Who owns PTBD
Which tracked institutional funds hold PTBD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PTBD company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 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 PTBD is one-sided between 2026-Q1 and 2026-Q2: 3 added or opened and 11 trimmed or exited — on balance reducing.
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
PTBD’s largest tracked holder by dollar value, Pacer Advisors, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PTBD 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 46 tracked filers holding PTBD, 21 increased or opened the position and 34 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 PTBD 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.
Full exits 6
- Pacer Advisors, Inc.$11M
- MAGNOLIA CAPITAL ADVISORS LLC$6M
- MILLINGTON SECURITIES, LLC$3M
- CITADEL ADVISORS LLC$750K
- JANE STREET GROUP, LLC$743K
- Cambridge Investment Research Advisors, Inc.$545K
Largest adds
- Forefront Wealth Partners, LLC$689K
- NewEdge Advisors, LLC$635K
- Hyundai Investments Co., Ltd.$298K
Largest trims
- CREATIVE FINANCIAL DESIGNS INC /ADV$5M
- MATHER GROUP, LLC.$2M
- JPMORGAN CHASE & CO$631K
- Cetera Investment Advisers$356K
- WELLS FARGO & COMPANY/MN$298K
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 |
|---|---|---|---|---|
| LPL Financial LLC trimmed | 307,780 | $6M | 7.6% | 2026-Q2 |
| WBI INVESTMENTS, LLC added | 170,423 | $3M | 4.2% | 2026-Q2 |
| NewEdge Advisors, LLC added | 159,006 | $3M | 3.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 124,156 | $2M | 3.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 113,557 | $2M | 2.8% | 2026-Q2 |
| Forefront Wealth Partners, LLC added | 80,150 | $2M | 2.0% | 2026-Q2 |
| Maridea Wealth Management LLC added | 68,756 | $1M | 1.7% | 2026-Q2 |
| MORGAN STANLEY trimmed | 68,394 | $1M | 1.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 63,483 | $1M | 1.6% | 2026-Q2 |
| Ascentis Wealth Management, LLC added | 901,773 | $1M | 1.6% | 2026-Q2 |
| Capital Investment Advisory Services, LLC added | 59,912 | $1M | 1.5% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 59,422 | $1M | 1.5% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 54,794 | $1M | 1.4% | 2026-Q2 |
| Private Advisor Group, LLC added | 51,703 | $991K | 1.3% | 2026-Q2 |
| Atria Investments, Inc added | 37,652 | $722K | 0.9% | 2026-Q2 |
| Perigon Wealth Management, LLC trimmed | 36,728 | $704K | 0.9% | 2026-Q2 |
| Hyundai Investments Co., Ltd. added | 32,008 | $614K | 0.8% | 2026-Q2 |
| OFC FINANCIAL PLANNING, LLC trimmed | 30,149 | $578K | 0.7% | 2026-Q2 |
| Wealthspire Retirement, LLC | 23,846 | $457K | 0.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 19,642 | $377K | 0.5% | 2026-Q2 |
| Farther Finance Advisors, LLC | 17,930 | $344K | 0.4% | 2026-Q2 |
| Concurrent Investment Advisors, LLC trimmed | 16,829 | $323K | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 16,626 | $319K | 0.4% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 16,073 | $308K | 0.4% | 2026-Q2 |
| Morey & Quinn Wealth Partners, LLC | 16,069 | $308K | 0.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 12,059 | $231K | 0.3% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 11,631 | $223K | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 10,810 | $207K | 0.3% | 2026-Q2 |
| Stratos Wealth Partners, LTD. trimmed | 10,608 | $203K | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 9,739 | $187K | 0.2% | 2026-Q2 |
| MATHER GROUP, LLC. trimmed | 3,272 | $63K | 0.1% | 2026-Q2 |
| IFP Advisors, Inc trimmed | 2,571 | $49K | 0.1% | 2026-Q2 |
| Aptus Capital Advisors, LLC added | 2,150 | $41K | 0.1% | 2026-Q2 |
| Bullock Wealth Management Group new | 1,503 | $29K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC | 1,451 | $28K | 0.0% | 2026-Q2 |
| AlphaCore Capital LLC | 947 | $18K | 0.0% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV trimmed | 786 | $15K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. trimmed | 713 | $14K | 0.0% | 2026-Q2 |
| UBS Group AG added | 614 | $12K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC | 537 | $10K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 480 | $9K | 0.0% | 2026-Q2 |
| Evelyn Partners Group Ltd new | 416 | $8K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 365 | $7K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 54 | $1K | 0.0% | 2026-Q2 |
| JFS WEALTH ADVISORS, LLC new | 8 | $154 | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 0 | $13 | 0.0% | 2026-Q2 |
| Pacer Advisors, Inc. added | 567,271 | $11M | 13.9% | 2026-Q1 stale (1 quarter behind) |
| MAGNOLIA CAPITAL ADVISORS LLC added | 291,105 | $6M | 7.2% | 2026-Q1 stale (1 quarter behind) |
| MILLINGTON SECURITIES, LLC new | 168,891 | $3M | 4.1% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC trimmed | 39,524 | $750K | 1.0% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC trimmed | 39,131 | $743K | 1.0% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 28,703 | $545K | 0.7% | 2026-Q1 stale (1 quarter behind) |
| Kestra Advisory Services, LLC added | 11,545 | $219K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| StoneX Group Inc. new | 10,460 | $199K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Steward Partners Investment Advisory, LLC trimmed | 4,634 | $88K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Ascentis Independent Advisors new | 3,588 | $68K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| GUARDIAN WEALTH ADVISORS, LLC / NC trimmed | 1,206 | $23K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Rossby Financial, LCC | 742 | $14K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| WFA of San Diego, LLC | 110 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| ASSETMARK, INC trimmed | 14 | $266 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| GOLDMAN SACHS GROUP INC added | 93,271 | $2M | 2.3% | 2025-Q4 stale (2 quarters behind) |
| ORG Partners LLC added | 21,599 | $419K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| BANK OF MONTREAL /CAN/ trimmed | 260 | $5K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CIBC Private Wealth Group LLC | 219 | $4K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| NAPA WEALTH MANAGEMENT added | 348,012 | $7M | 8.9% | 2025-Q3 stale (3 quarters behind) |
| ODonnell Financial Services, LLC added | 347,665 | $7M | 8.9% | 2025-Q3 stale (3 quarters behind) |
| HRT FINANCIAL LP new | 10,137 | $201K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Anchor Investment Management, LLC new | 244 | $5K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Creekmur Asset Management LLC | 191 | $4K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| FMR LLC trimmed | 1 | $20 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| LaSalle St. Investment Advisors, LLC trimmed | 63,620 | $1M | 1.6% | 2025-Q2 stale (4 quarters behind) |
| Inspire Advisors, LLC trimmed | 58,195 | $1M | 1.5% | 2025-Q2 stale (4 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 54,378 | $1M | 1.4% | 2025-Q2 stale (4 quarters behind) |
| Csenge Advisory Group trimmed | 19,638 | $384K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| Freedom Investment Management, Inc. trimmed | 13,522 | $267K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| United Advisor Group, LLC trimmed | 11,476 | $227K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| J.W. COLE ADVISORS, INC. added | 10,928 | $216K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| MJT & Associates Financial Advisory Group, Inc. | 8,932 | $176K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Arax Advisory Partners | 583 | $12K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| WealthShield Partners, LLC trimmed | 2 | $40 | 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.