Who owns PZA
Which tracked institutional funds hold PZA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PZA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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 PZA is one-sided between 2026-Q1 and 2026-Q2: 90 added or opened and 28 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
PZA’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% 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 PZA 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 311 tracked filers holding PZA, 194 increased or opened the position and 106 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 PZA 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 18
- Jupiter Topco LLC$105M
- Savant Capital, LLC$6M
- ROBINSON CAPITAL MANAGEMENT, LLC$6M
- Quadrature Capital Ltd$4M
- Ocean Park Asset Management, LLC$3M
- UPTICK PARTNERS, LLC$2M
Full exits 15
- Richard Bernstein Advisors LLC$209M
- GOLDMAN SACHS GROUP INC$9M
- Thrivent Financial for Lutherans$9M
- Independent Advisor Alliance$6M
- EXENCIAL WEALTH ADVISORS, LLC$6M
- PARK AVENUE SECURITIES LLC$6M
Largest adds
- BANK OF AMERICA CORP /DE/$107M
- UBS Group AG$81M
- Arax Advisory Partners$43M
- Vestmark Advisory Solutions, Inc.$35M
- LPL Financial LLC$22M
- NewEdge Advisors, LLC$14M
Largest trims
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$42M
- JANE STREET GROUP, LLC$7M
- ANDERSON HOAGLAND & CO$4M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$3M
- TD PRIVATE CLIENT WEALTH LLC$1M
- Private Advisor Group, LLC$535K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 58,451,257 | $1.4B | 37.3% | 2026-Q2 |
| UBS Group AG added | 24,464,378 | $575M | 15.6% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 7,347,183 | $173M | 4.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 5,299,957 | $125M | 3.4% | 2026-Q2 |
| Jupiter Topco LLC new | 4,466,587 | $105M | 2.9% | 2026-Q2 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC trimmed | 4,286,823 | $101M | 2.7% | 2026-Q2 |
| LPL Financial LLC added | 4,047,709 | $95M | 2.6% | 2026-Q2 |
| Bank of New York Mellon Corp added | 3,254,424 | $77M | 2.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,754,322 | $65M | 1.8% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 2,348,353 | $55M | 1.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 2,232,045 | $52M | 1.4% | 2026-Q2 |
| SOFI WEALTH, LLC added | 2,158,881 | $51M | 1.4% | 2026-Q2 |
| MORGAN STANLEY added | 2,134,264 | $50M | 1.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1,948,074 | $46M | 1.2% | 2026-Q2 |
| Arax Advisory Partners added | 1,813,866 | $43M | 1.2% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. added | 1,759,425 | $41M | 1.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 1,591,479 | $37M | 1.0% | 2026-Q2 |
| Cetera Investment Advisers added | 1,262,470 | $30M | 0.8% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 1,103,426 | $26M | 0.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 1,028,053 | $24M | 0.7% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 992,255 | $23M | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 910,834 | $21M | 0.6% | 2026-Q2 |
| Gerber Kawasaki Wealth & Investment Management added | 808,140 | $19M | 0.5% | 2026-Q2 |
| Composition Wealth, LLC added | 785,536 | $18M | 0.5% | 2026-Q2 |
| NewEdge Advisors, LLC added | 724,358 | $17M | 0.5% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 679,603 | $16M | 0.4% | 2026-Q2 |
| Shepherd Financial Partners LLC added | 665,927 | $16M | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 550,259 | $13M | 0.4% | 2026-Q2 |
| ASSETMARK, INC trimmed | 539,236 | $13M | 0.3% | 2026-Q2 |
| Allworth Financial LP added | 534,858 | $13M | 0.3% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 514,269 | $12M | 0.3% | 2026-Q2 |
| West Wealth Group, LLC added | 514,231 | $12M | 0.3% | 2026-Q2 |
| Avidian Wealth Enterprises, LLC trimmed | 480,354 | $11M | 0.3% | 2026-Q2 |
| IHT Wealth Management, LLC added | 457,954 | $11M | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 421,360 | $10M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 408,126 | $10M | 0.3% | 2026-Q2 |
| Ascent Group, LLC added | 407,832 | $10M | 0.3% | 2026-Q2 |
| Archer Investment Management, LLC added | 388,496 | $9M | 0.2% | 2026-Q2 |
| Vise Technologies, Inc. added | 386,729 | $9M | 0.2% | 2026-Q2 |
| Perennial Investment Advisors, LLC added | 377,487 | $9M | 0.2% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 366,814 | $9M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 359,713 | $8M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 342,485 | $8M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 322,300 | $8M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 319,367 | $8M | 0.2% | 2026-Q2 |
| AE Wealth Management LLC added | 317,983 | $7M | 0.2% | 2026-Q2 |
| Stewardship Advisors, LLC added | 315,505 | $7M | 0.2% | 2026-Q2 |
| US BANCORP \DE\ added | 303,040 | $7M | 0.2% | 2026-Q2 |
| Perigon Wealth Management, LLC added | 288,905 | $7M | 0.2% | 2026-Q2 |
| Tortoise Investment Management, LLC trimmed | 265,440 | $6M | 0.2% | 2026-Q2 |
| Savant Capital, LLC new | 260,254 | $6M | 0.2% | 2026-Q2 |
| SIMON QUICK ADVISORS, LLC | 257,730 | $6M | 0.2% | 2026-Q2 |
| SEEDS INVESTOR LLC added | 251,214 | $6M | 0.2% | 2026-Q2 |
| ROBINSON CAPITAL MANAGEMENT, LLC new | 244,351 | $6M | 0.2% | 2026-Q2 |
| Golden State Wealth Management, LLC added | 240,582 | $6M | 0.2% | 2026-Q2 |
| Goodman Advisory Group, LLC trimmed | 224,404 | $5M | 0.1% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 223,380 | $5M | 0.1% | 2026-Q2 |
| TRAPHAGEN INVESTMENT ADVISORS LLC added | 219,917 | $5M | 0.1% | 2026-Q2 |
| Synergy Investment Management, LLC added | 216,174 | $5M | 0.1% | 2026-Q2 |
| TRUSTMARK BANK TRUST DEPARTMENT trimmed | 208,864 | $5M | 0.1% | 2026-Q2 |
| Petix & Botte Co added | 206,208 | $5M | 0.1% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 200,311 | $5M | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 195,005 | $5M | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 194,307 | $5M | 0.1% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 192,712 | $5M | 0.1% | 2026-Q2 |
| 1900 WEALTH MANAGEMENT LLC trimmed | 191,594 | $5M | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 191,575 | $4M | 0.1% | 2026-Q2 |
| Skyline Advisors, Inc. added | 188,506 | $4M | 0.1% | 2026-Q2 |
| Quadrant Private Wealth Management, LLC added | 188,024 | $4M | 0.1% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 185,581 | $4M | 0.1% | 2026-Q2 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 183,859 | $4M | 0.1% | 2026-Q2 |
| ENTRUST FINANCIAL LLC added | 180,893 | $4M | 0.1% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC trimmed | 180,536 | $4M | 0.1% | 2026-Q2 |
| ASHTON THOMAS SECURITIES, LLC added | 179,806 | $4M | 0.1% | 2026-Q2 |
| Connecticut Capital Management Group, LLC added | 174,723 | $4M | 0.1% | 2026-Q2 |
| Quadrature Capital Ltd added | 170,490 | $4M | 0.1% | 2026-Q2 |
| Garden State Investment Advisory Services LLC added | 169,510 | $4M | 0.1% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 157,372 | $4M | 0.1% | 2026-Q2 |
| Clark Capital Management Group, Inc. added | 153,729 | $4M | 0.1% | 2026-Q2 |
| McAdam, LLC trimmed | 145,301 | $3M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 141,343 | $3M | 0.1% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 129,563 | $3M | 0.1% | 2026-Q2 |
| Keystone Financial Group added | 128,165 | $3M | 0.1% | 2026-Q2 |
| Ocean Park Asset Management, LLC trimmed | 123,100 | $3M | 0.1% | 2026-Q2 |
| CHOREO, LLC trimmed | 118,538 | $3M | 0.1% | 2026-Q2 |
| ShoreHaven Wealth Partners, LLC added | 110,405 | $3M | 0.1% | 2026-Q2 |
| Strategies Wealth Advisors, LLC added | 106,829 | $3M | 0.1% | 2026-Q2 |
| FINANCIAL LIFE ADVISORS added | 103,740 | $2M | 0.1% | 2026-Q2 |
| Meadowbrook Advisors Group, LLC trimmed | 97,682 | $2M | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC added | 97,154 | $2M | 0.1% | 2026-Q2 |
| Collaborative Wealth Managment Inc. added | 96,093 | $2M | 0.1% | 2026-Q2 |
| Leeward Financial Partners, LLC trimmed | 95,441 | $2M | 0.1% | 2026-Q2 |
| Elequin Capital, LP added | 94,637 | $2M | 0.1% | 2026-Q2 |
| Rochester Wealth Strategies, LLC trimmed | 94,257 | $2M | 0.1% | 2026-Q2 |
| Atria Investments, Inc added | 91,101 | $2M | 0.1% | 2026-Q2 |
| Per Stirling Capital Management, LLC. added | 90,879 | $2M | 0.1% | 2026-Q2 |
| Waverly Advisors, LLC added | 86,911 | $2M | 0.1% | 2026-Q2 |
| UPTICK PARTNERS, LLC new | 83,092 | $2M | 0.1% | 2026-Q2 |
| TD PRIVATE CLIENT WEALTH LLC trimmed | 82,947 | $2M | 0.1% | 2026-Q2 |
| SteelPeak Wealth, LLC trimmed | 82,927 | $2M | 0.1% | 2026-Q2 |
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.