Who owns QBER (QBER)
Which tracked institutional funds hold QBER, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See QBER 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
The tracked-fund tape on QBER is one-sided between 2025-Q4 and 2026-Q1: 5 added or opened and 18 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
QBER’s largest tracked holder by dollar value, 49 WEALTH MANAGEMENT, LLC, sizes it at 2.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 2.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in QBER 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 31 tracked filers holding QBER, 9 increased or opened the position and 24 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 QBER 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 3
- POM Investment Strategies, LLC$2M
- FSA Advisors, Inc.$708K
- GOLDMAN SACHS GROUP INC$704K
Full exits 4
- B.O.S.S. Retirement Advisors, LLC$3M
- LifeWealth Investments, LLC$2M
- Centennial Advisors, LLC$1M
- Great Lakes Retirement, Inc.$1M
Largest adds
- TrueMark Investments, LLC$6M
- Elevated Capital Advisors, LLC$2M
Largest trims
- AE Wealth Management LLC$53M
- Lloyd Advisory Services, LLC.$10M
- Outlook Wealth Advisors, LLC$4M
- Wellment Financial$3M
- HOWARD BAILEY SECURITIES, LLC$3M
- SMART Wealth LLC$2M
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 |
|---|---|---|---|---|
| AE Wealth Management LLC trimmed | 936,998 | $23M | 23.4% | 2026-Q1 |
| TrueMark Investments, LLC added | 372,048 | $9M | 9.3% | 2026-Q1 |
| Mid-American Wealth Advisory Group, Inc. | 337,316 | $8M | 8.4% | 2026-Q1 |
| Authentikos Wealth Advisory, LLC trimmed | 173,808 | $4M | 4.3% | 2026-Q1 |
| Elevated Capital Advisors, LLC added | 111,442 | $3M | 2.8% | 2026-Q1 |
| Wellment Financial trimmed | 89,066 | $2M | 2.2% | 2026-Q1 |
| POM Investment Strategies, LLC added | 73,396 | $2M | 1.8% | 2026-Q1 |
| SMART Wealth LLC trimmed | 44,145 | $1M | 1.1% | 2026-Q1 |
| Outlook Wealth Advisors, LLC trimmed | 41,350 | $998K | 1.0% | 2026-Q1 |
| Csenge Advisory Group trimmed | 38,935 | $940K | 1.0% | 2026-Q1 |
| FWG Investments, LLC. trimmed | 36,628 | $884K | 0.9% | 2026-Q1 |
| FSA Advisors, Inc. trimmed | 29,346 | $708K | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC new | 29,171 | $704K | 0.7% | 2026-Q1 |
| Integrated Wealth Management trimmed | 27,560 | $665K | 0.7% | 2026-Q1 |
| Networth Advisors, LLC trimmed | 23,306 | $562K | 0.6% | 2026-Q1 |
| HOWARD BAILEY SECURITIES, LLC trimmed | 18,778 | $453K | 0.5% | 2026-Q1 |
| Quest 10 Wealth Builders, Inc. trimmed | 11,505 | $278K | 0.3% | 2026-Q1 |
| Aegis Wealth Management, Inc. trimmed | 10,522 | $254K | 0.3% | 2026-Q1 |
| Blackston Financial Advisory Group, LLC trimmed | 9,337 | $225K | 0.2% | 2026-Q1 |
| Key Capital Management, INC trimmed | 7,375 | $178K | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO new | 4,968 | $120K | 0.1% | 2026-Q1 |
| EVOLUTION WEALTH MANAGEMENT INC. trimmed | 2,988 | $72K | 0.1% | 2026-Q1 |
| MORGAN STANLEY | 2,359 | $57K | 0.1% | 2026-Q1 |
| UBS Group AG added | 1,714 | $41K | 0.0% | 2026-Q1 |
| Mosley Wealth Management new | 1,078 | $27K | 0.0% | 2026-Q1 |
| Kingdom Financial Group LLC. trimmed | 950 | $23K | 0.0% | 2026-Q1 |
| Lloyd Advisory Services, LLC. trimmed | 950 | $23K | 0.0% | 2026-Q1 |
| Geneos Wealth Management Inc. | 476 | $11K | 0.0% | 2026-Q1 |
| Decker Retirement Planning Inc. trimmed | 448 | $11K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. | 200 | $5K | 0.0% | 2026-Q1 |
| US BANCORP \DE\ new | 84 | $2K | 0.0% | 2026-Q1 |
| 49 WEALTH MANAGEMENT, LLC added | 1,140,664 | $28M | 29.2% | 2025-Q1 stale |
| B.O.S.S. Retirement Advisors, LLC trimmed | 105,892 | $3M | 2.6% | 2025-Q4 stale |
| TOUNJIAN ADVISORY PARTNERS, LLC trimmed | 75,976 | $2M | 1.9% | 2025-Q2 stale |
| LifeWealth Investments, LLC trimmed | 67,077 | $2M | 1.7% | 2025-Q4 stale |
| Centennial Advisors, LLC new | 51,789 | $1M | 1.3% | 2025-Q4 stale |
| Great Lakes Retirement, Inc. trimmed | 47,272 | $1M | 1.2% | 2025-Q4 stale |
| Golden Reserve Retirement LLC new | 14,567 | $349K | 0.4% | 2025-Q4 stale |
| OLD MISSION CAPITAL LLC trimmed | 12,108 | $298K | 0.3% | 2025-Q3 stale |
| Signal Advisors Wealth, LLC trimmed | 9,434 | $232K | 0.2% | 2025-Q3 stale |
| Park Square Financial Group, LLC added | 6,983 | $172K | 0.2% | 2025-Q2 stale |
| Lord & Richards Wealth Management, LLC trimmed | 5,141 | $127K | 0.1% | 2025-Q1 stale |
| Transce3nd, LLC added | 3,340 | $82K | 0.1% | 2025-Q2 stale |
| Capital A Wealth Management, LLC trimmed | 627 | $16K | 0.0% | 2025-Q1 stale |
| GeoWealth Management, LLC trimmed | 421 | $10K | 0.0% | 2025-Q4 stale |
| Richard W. Paul & Associates, LLC added | 244 | $6K | 0.0% | 2025-Q3 stale |
| Advisory Services Network, LLC new | 167 | $4K | 0.0% | 2025-Q3 stale |
| Global Retirement Partners, LLC new | 143 | $4K | 0.0% | 2025-Q2 stale |
| Pineridge Advisors LLC added | 85 | $2K | 0.0% | 2025-Q3 stale |
| New Millennium Group LLC trimmed | 33 | $818 | 0.0% | 2025-Q1 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.
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.