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Institutional Ownership · SEC Form 13F

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.

295
Institutional holders
150,815,421
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
BANK OF AMERICA CORP /DE/ added55,154,071$1.3B36.0%2026-Q1
UBS Group AG added21,527,448$495M14.1%2026-Q1
Richard Bernstein Advisors LLC added9,102,497$209M5.9%2026-Q1
AMERIPRISE FINANCIAL INC added7,251,944$167M4.7%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added4,844,527$111M3.2%2026-Q1
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added4,364,629$100M2.9%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added4,124,628$95M2.7%2026-Q1
LPL Financial LLC added3,179,479$73M2.1%2026-Q1
Bank of New York Mellon Corp added2,741,415$63M1.8%2026-Q1
JPMORGAN CHASE & CO added2,553,092$58M1.7%2026-Q1
MORGAN STANLEY added2,133,883$49M1.4%2026-Q1
SOFI WEALTH, LLC added1,983,286$46M1.3%2026-Q1
EP Wealth Advisors, LLC added1,807,607$42M1.2%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added1,760,706$40M1.2%2026-Q1
WELLS FARGO & COMPANY/MN added1,569,161$36M1.0%2026-Q1
Cetera Investment Advisers added1,176,652$27M0.8%2026-Q1
STIFEL FINANCIAL CORP added1,034,769$24M0.7%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added1,021,147$23M0.7%2026-Q1
Gerber Kawasaki Wealth & Investment Management added734,645$17M0.5%2026-Q1
Sanctuary Advisors, LLC added733,015$17M0.5%2026-Q1
Composition Wealth, LLC trimmed690,679$16M0.5%2026-Q1
RAYMOND JAMES FINANCIAL INC added669,572$15M0.4%2026-Q1
JANE STREET GROUP, LLC trimmed642,827$15M0.4%2026-Q1
ROYAL BANK OF CANADA added540,260$12M0.4%2026-Q1
ASSETMARK, INC added539,991$12M0.4%2026-Q1
Allworth Financial LP added531,585$12M0.3%2026-Q1
Avidian Wealth Enterprises, LLC trimmed484,955$11M0.3%2026-Q1
West Wealth Group, LLC added442,800$10M0.3%2026-Q1
IHT Wealth Management, LLC added427,373$10M0.3%2026-Q1
Shepherd Financial Partners LLC added424,429$10M0.3%2026-Q1
OSAIC HOLDINGS, INC. trimmed410,317$9M0.3%2026-Q1
GOLDMAN SACHS GROUP INC trimmed389,799$9M0.3%2026-Q1
Ascent Group, LLC added383,878$9M0.3%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added376,367$9M0.2%2026-Q1
Thrivent Financial for Lutherans added374,930$9M0.2%2026-Q1
MML INVESTORS SERVICES, LLC added374,223$9M0.2%2026-Q1
Rockefeller Capital Management L.P. trimmed367,891$8M0.2%2026-Q1
US BANCORP \DE\ trimmed300,137$7M0.2%2026-Q1
FIFTH THIRD BANCORP added291,614$7M0.2%2026-Q1
Independent Advisor Alliance trimmed270,862$6M0.2%2026-Q1
Tortoise Investment Management, LLC added267,836$6M0.2%2026-Q1
Integrated Wealth Concepts LLC added260,744$6M0.2%2026-Q1
Vestmark Advisory Solutions, Inc. added260,553$6M0.2%2026-Q1
EXENCIAL WEALTH ADVISORS, LLC added260,389$6M0.2%2026-Q1
Archer Investment Management, LLC new259,293$6M0.2%2026-Q1
SIMON QUICK ADVISORS, LLC added257,730$6M0.2%2026-Q1
PARK AVENUE SECURITIES LLC added257,385$6M0.2%2026-Q1
Perigon Wealth Management, LLC new251,804$6M0.2%2026-Q1
Goodman Advisory Group, LLC trimmed244,404$6M0.2%2026-Q1
SEEDS INVESTOR LLC added237,249$6M0.2%2026-Q1
Stewardship Advisors, LLC trimmed240,734$6M0.2%2026-Q1
ANDERSON HOAGLAND & CO trimmed228,404$5M0.1%2026-Q1
AE Wealth Management LLC added226,749$5M0.1%2026-Q1
Private Advisor Group, LLC added222,882$5M0.1%2026-Q1
TRAPHAGEN INVESTMENT ADVISORS LLC added218,296$5M0.1%2026-Q1
TRUSTMARK BANK TRUST DEPARTMENT trimmed213,905$5M0.1%2026-Q1
CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed208,781$5M0.1%2026-Q1
1900 WEALTH MANAGEMENT LLC added202,688$5M0.1%2026-Q1
MONETA GROUP INVESTMENT ADVISORS LLC added195,804$4M0.1%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed186,479$4M0.1%2026-Q1
TRUIST FINANCIAL CORP added180,967$4M0.1%2026-Q1
Quadrant Private Wealth Management, LLC added179,307$4M0.1%2026-Q1
ELEVATION POINT WEALTH PARTNERS, LLC added178,527$4M0.1%2026-Q1
ASHTON THOMAS SECURITIES, LLC added171,946$4M0.1%2026-Q1
ENTRUST FINANCIAL LLC added169,396$4M0.1%2026-Q1
Connecticut Capital Management Group, LLC added167,981$4M0.1%2026-Q1
Concurrent Investment Advisors, LLC added165,328$4M0.1%2026-Q1
MGO ONE SEVEN LLC new160,250$4M0.1%2026-Q1
McAdam, LLC trimmed157,104$4M0.1%2026-Q1
Clark Capital Management Group, Inc. added153,189$4M0.1%2026-Q1
Perennial Investment Advisors, LLC added152,120$3M0.1%2026-Q1
TD PRIVATE CLIENT WEALTH LLC trimmed149,126$3M0.1%2026-Q1
Synergy Investment Management, LLC added144,430$3M0.1%2026-Q1
Stratos Wealth Partners, LTD. trimmed140,719$3M0.1%2026-Q1
JONES FINANCIAL COMPANIES LLLP added135,240$3M0.1%2026-Q1
Keystone Financial Group added126,574$3M0.1%2026-Q1
NewEdge Advisors, LLC added521,059$3M0.1%2026-Q1
PRINCIPAL SECURITIES, INC. added121,287$3M0.1%2026-Q1
CHOREO, LLC added118,542$3M0.1%2026-Q1
Meadowbrook Advisors Group, LLC trimmed117,594$3M0.1%2026-Q1
Kestra Advisory Services, LLC added107,210$2M0.1%2026-Q1
ShoreHaven Wealth Partners, LLC added103,323$2M0.1%2026-Q1
Rochester Wealth Strategies, LLC added101,282$2M0.1%2026-Q1
Leeward Financial Partners, LLC added95,690$2M0.1%2026-Q1
Advisory Services Network, LLC added95,286$2M0.1%2026-Q1
Petix & Botte Co trimmed94,239$2M0.1%2026-Q1
SteelPeak Wealth, LLC trimmed93,855$2M0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added93,296$2M0.1%2026-Q1
Cambridge Investment Research Advisors, Inc. added93,216$2M0.1%2026-Q1
Atria Investments, Inc added90,548$2M0.1%2026-Q1
FIRST FOUNDATION ADVISORS trimmed87,886$2M0.1%2026-Q1
Waverly Advisors, LLC added85,797$2M0.1%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP new5,075,800$117M3.3%2025-Q3 stale
Proquility Private Wealth Partners, LLC added300,398$7M0.2%2025-Q1 stale
COMERICA BANK added268,421$6M0.2%2025-Q4 stale
Meeder Advisory Services, Inc. added239,137$6M0.2%2025-Q1 stale
Aveo Capital Partners, LLC trimmed204,888$5M0.1%2025-Q1 stale
OLD MISSION CAPITAL LLC added140,794$3M0.1%2025-Q4 stale
AssuredPartners Investment Advisors, LLC added100,356$2M0.1%2025-Q1 stale
DOHJ, LLC added102,232$2M0.1%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.

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