Who owns PZA (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-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
89 tracked funds added or opened PZA while 34 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
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 2025-Q4 and 2026-Q1, across 295 tracked filers holding PZA, 193 increased or opened the position and 97 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 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 20
- GOLDMAN SACHS GROUP INC$9M
- FIFTH THIRD BANCORP$7M
- Independent Advisor Alliance$6M
- Archer Investment Management, LLC$6M
- Perigon Wealth Management, LLC$6M
- MGO ONE SEVEN LLC$4M
Full exits 11
- COMERICA BANK$6M
- OLD MISSION CAPITAL LLC$3M
- FLOW TRADERS U.S. LLC$2M
- Quadrature Capital Ltd$2M
- SSA SWISS ADVISORS AG$2M
- Tower Research Capital LLC (TRC)$1M
Largest adds
- UBS Group AG$451M
- AMERIPRISE FINANCIAL INC$148M
- Richard Bernstein Advisors LLC$139M
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$70M
- BANK OF AMERICA CORP /DE/$57M
- ENVESTNET ASSET MANAGEMENT INC$52M
Largest trims
- JANE STREET GROUP, LLC$42M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$28M
- Composition Wealth, LLC$16M
- CITADEL ADVISORS LLC$14M
- Stratos Wealth Partners, LTD.$11M
- RENAISSANCE TECHNOLOGIES LLC$5M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 55,154,071 | $1.3B | 36.0% | 2026-Q1 |
| UBS Group AG added | 21,527,448 | $495M | 14.1% | 2026-Q1 |
| Richard Bernstein Advisors LLC added | 9,102,497 | $209M | 5.9% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 7,251,944 | $167M | 4.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 4,844,527 | $111M | 3.2% | 2026-Q1 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 4,364,629 | $100M | 2.9% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 4,124,628 | $95M | 2.7% | 2026-Q1 |
| LPL Financial LLC added | 3,179,479 | $73M | 2.1% | 2026-Q1 |
| Bank of New York Mellon Corp added | 2,741,415 | $63M | 1.8% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 2,553,092 | $58M | 1.7% | 2026-Q1 |
| MORGAN STANLEY added | 2,133,883 | $49M | 1.4% | 2026-Q1 |
| SOFI WEALTH, LLC added | 1,983,286 | $46M | 1.3% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 1,807,607 | $42M | 1.2% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,760,706 | $40M | 1.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,569,161 | $36M | 1.0% | 2026-Q1 |
| Cetera Investment Advisers added | 1,176,652 | $27M | 0.8% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,034,769 | $24M | 0.7% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 1,021,147 | $23M | 0.7% | 2026-Q1 |
| Gerber Kawasaki Wealth & Investment Management added | 734,645 | $17M | 0.5% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 733,015 | $17M | 0.5% | 2026-Q1 |
| Composition Wealth, LLC trimmed | 690,679 | $16M | 0.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 669,572 | $15M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 642,827 | $15M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 540,260 | $12M | 0.4% | 2026-Q1 |
| ASSETMARK, INC added | 539,991 | $12M | 0.4% | 2026-Q1 |
| Allworth Financial LP added | 531,585 | $12M | 0.3% | 2026-Q1 |
| Avidian Wealth Enterprises, LLC trimmed | 484,955 | $11M | 0.3% | 2026-Q1 |
| West Wealth Group, LLC added | 442,800 | $10M | 0.3% | 2026-Q1 |
| IHT Wealth Management, LLC added | 427,373 | $10M | 0.3% | 2026-Q1 |
| Shepherd Financial Partners LLC added | 424,429 | $10M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 410,317 | $9M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 389,799 | $9M | 0.3% | 2026-Q1 |
| Ascent Group, LLC added | 383,878 | $9M | 0.3% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 376,367 | $9M | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 374,930 | $9M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 374,223 | $9M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 367,891 | $8M | 0.2% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 300,137 | $7M | 0.2% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 291,614 | $7M | 0.2% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 270,862 | $6M | 0.2% | 2026-Q1 |
| Tortoise Investment Management, LLC added | 267,836 | $6M | 0.2% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 260,744 | $6M | 0.2% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 260,553 | $6M | 0.2% | 2026-Q1 |
| EXENCIAL WEALTH ADVISORS, LLC added | 260,389 | $6M | 0.2% | 2026-Q1 |
| Archer Investment Management, LLC new | 259,293 | $6M | 0.2% | 2026-Q1 |
| SIMON QUICK ADVISORS, LLC added | 257,730 | $6M | 0.2% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC added | 257,385 | $6M | 0.2% | 2026-Q1 |
| Perigon Wealth Management, LLC new | 251,804 | $6M | 0.2% | 2026-Q1 |
| Goodman Advisory Group, LLC trimmed | 244,404 | $6M | 0.2% | 2026-Q1 |
| SEEDS INVESTOR LLC added | 237,249 | $6M | 0.2% | 2026-Q1 |
| Stewardship Advisors, LLC trimmed | 240,734 | $6M | 0.2% | 2026-Q1 |
| ANDERSON HOAGLAND & CO trimmed | 228,404 | $5M | 0.1% | 2026-Q1 |
| AE Wealth Management LLC added | 226,749 | $5M | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC added | 222,882 | $5M | 0.1% | 2026-Q1 |
| TRAPHAGEN INVESTMENT ADVISORS LLC added | 218,296 | $5M | 0.1% | 2026-Q1 |
| TRUSTMARK BANK TRUST DEPARTMENT trimmed | 213,905 | $5M | 0.1% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 208,781 | $5M | 0.1% | 2026-Q1 |
| 1900 WEALTH MANAGEMENT LLC added | 202,688 | $5M | 0.1% | 2026-Q1 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 195,804 | $4M | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 186,479 | $4M | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 180,967 | $4M | 0.1% | 2026-Q1 |
| Quadrant Private Wealth Management, LLC added | 179,307 | $4M | 0.1% | 2026-Q1 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 178,527 | $4M | 0.1% | 2026-Q1 |
| ASHTON THOMAS SECURITIES, LLC added | 171,946 | $4M | 0.1% | 2026-Q1 |
| ENTRUST FINANCIAL LLC added | 169,396 | $4M | 0.1% | 2026-Q1 |
| Connecticut Capital Management Group, LLC added | 167,981 | $4M | 0.1% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 165,328 | $4M | 0.1% | 2026-Q1 |
| MGO ONE SEVEN LLC new | 160,250 | $4M | 0.1% | 2026-Q1 |
| McAdam, LLC trimmed | 157,104 | $4M | 0.1% | 2026-Q1 |
| Clark Capital Management Group, Inc. added | 153,189 | $4M | 0.1% | 2026-Q1 |
| Perennial Investment Advisors, LLC added | 152,120 | $3M | 0.1% | 2026-Q1 |
| TD PRIVATE CLIENT WEALTH LLC trimmed | 149,126 | $3M | 0.1% | 2026-Q1 |
| Synergy Investment Management, LLC added | 144,430 | $3M | 0.1% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 140,719 | $3M | 0.1% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 135,240 | $3M | 0.1% | 2026-Q1 |
| Keystone Financial Group added | 126,574 | $3M | 0.1% | 2026-Q1 |
| NewEdge Advisors, LLC added | 521,059 | $3M | 0.1% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 121,287 | $3M | 0.1% | 2026-Q1 |
| CHOREO, LLC added | 118,542 | $3M | 0.1% | 2026-Q1 |
| Meadowbrook Advisors Group, LLC trimmed | 117,594 | $3M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 107,210 | $2M | 0.1% | 2026-Q1 |
| ShoreHaven Wealth Partners, LLC added | 103,323 | $2M | 0.1% | 2026-Q1 |
| Rochester Wealth Strategies, LLC added | 101,282 | $2M | 0.1% | 2026-Q1 |
| Leeward Financial Partners, LLC added | 95,690 | $2M | 0.1% | 2026-Q1 |
| Advisory Services Network, LLC added | 95,286 | $2M | 0.1% | 2026-Q1 |
| Petix & Botte Co trimmed | 94,239 | $2M | 0.1% | 2026-Q1 |
| SteelPeak Wealth, LLC trimmed | 93,855 | $2M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 93,296 | $2M | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 93,216 | $2M | 0.1% | 2026-Q1 |
| Atria Investments, Inc added | 90,548 | $2M | 0.1% | 2026-Q1 |
| FIRST FOUNDATION ADVISORS trimmed | 87,886 | $2M | 0.1% | 2026-Q1 |
| Waverly Advisors, LLC added | 85,797 | $2M | 0.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP new | 5,075,800 | $117M | 3.3% | 2025-Q3 stale |
| Proquility Private Wealth Partners, LLC added | 300,398 | $7M | 0.2% | 2025-Q1 stale |
| COMERICA BANK added | 268,421 | $6M | 0.2% | 2025-Q4 stale |
| Meeder Advisory Services, Inc. added | 239,137 | $6M | 0.2% | 2025-Q1 stale |
| Aveo Capital Partners, LLC trimmed | 204,888 | $5M | 0.1% | 2025-Q1 stale |
| OLD MISSION CAPITAL LLC added | 140,794 | $3M | 0.1% | 2025-Q4 stale |
| AssuredPartners Investment Advisors, LLC added | 100,356 | $2M | 0.1% | 2025-Q1 stale |
| DOHJ, LLC added | 102,232 | $2M | 0.1% | 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.