Who owns 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-Q2 13F filings (latest filed 2026-08-14). 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
6 tracked funds added or opened QBER while 3 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
QBER’s largest tracked holder by dollar value, AE Wealth Management LLC, 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 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 2026-Q1 and 2026-Q2, across 38 tracked filers holding QBER, 29 increased or opened the position and 9 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 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 1
- Richmond Brothers, Inc.$536K
Largest adds
- TrueMark Investments, LLC$12M
- AE Wealth Management LLC$3M
- Lloyd Advisory Services, LLC.$799K
- HOWARD BAILEY SECURITIES, LLC$516K
- Csenge Advisory Group$300K
Largest trims
- Mid-American Wealth Advisory Group, Inc.$5M
- Elevated Capital Advisors, LLC$1M
- GOLDMAN SACHS GROUP INC$459K
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 added | 1,081,663 | $26M | 33.3% | 2026-Q2 |
| TrueMark Investments, LLC added | 864,077 | $21M | 26.6% | 2026-Q2 |
| Authentikos Wealth Advisory, LLC added | 176,349 | $4M | 5.4% | 2026-Q2 |
| Mid-American Wealth Advisory Group, Inc. trimmed | 124,400 | $3M | 3.8% | 2026-Q2 |
| Wellment Financial added | 94,800 | $2M | 2.9% | 2026-Q2 |
| POM Investment Strategies, LLC added | 81,735 | $2M | 2.5% | 2026-Q2 |
| Elevated Capital Advisors, LLC trimmed | 58,882 | $1M | 1.8% | 2026-Q2 |
| Csenge Advisory Group added | 52,094 | $1M | 1.6% | 2026-Q2 |
| FWG Investments, LLC. added | 44,216 | $1M | 1.4% | 2026-Q2 |
| Outlook Wealth Advisors, LLC added | 43,944 | $1M | 1.4% | 2026-Q2 |
| HOWARD BAILEY SECURITIES, LLC added | 40,718 | $969K | 1.3% | 2026-Q2 |
| FSA Advisors, Inc. added | 39,346 | $936K | 1.2% | 2026-Q2 |
| SMART Wealth LLC trimmed | 39,202 | $933K | 1.2% | 2026-Q2 |
| Integrated Wealth Management added | 38,330 | $912K | 1.2% | 2026-Q2 |
| Lloyd Advisory Services, LLC. added | 34,535 | $822K | 1.1% | 2026-Q2 |
| Networth Advisors, LLC added | 26,125 | $622K | 0.8% | 2026-Q2 |
| Richmond Brothers, Inc. new | 22,526 | $536K | 0.7% | 2026-Q2 |
| Key Capital Management, INC added | 16,081 | $383K | 0.5% | 2026-Q2 |
| Aegis Wealth Management, Inc. added | 13,610 | $324K | 0.4% | 2026-Q2 |
| TOUNJIAN ADVISORY PARTNERS, LLC trimmed | 12,696 | $302K | 0.4% | 2026-Q2 |
| Quest 10 Wealth Builders, Inc. added | 12,652 | $301K | 0.4% | 2026-Q2 |
| Centennial Advisors, LLC trimmed | 11,918 | $284K | 0.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 10,277 | $245K | 0.3% | 2026-Q2 |
| Blackston Financial Advisory Group, LLC added | 9,874 | $235K | 0.3% | 2026-Q2 |
| Mosley Wealth Management added | 8,952 | $213K | 0.3% | 2026-Q2 |
| IFG Advisory, LLC new | 7,564 | $180K | 0.2% | 2026-Q2 |
| EVOLUTION WEALTH MANAGEMENT INC. trimmed | 2,585 | $62K | 0.1% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 1,284 | $31K | 0.0% | 2026-Q2 |
| Decker Retirement Planning Inc. added | 1,241 | $30K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 1,198 | $29K | 0.0% | 2026-Q2 |
| Kingdom Financial Group LLC. added | 1,155 | $27K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. | 476 | $11K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. | 200 | $5K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 193 | $5K | 0.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 165 | $4K | 0.0% | 2026-Q2 |
| Montgomery Financial Services LLC new | 79 | $2K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 68 | $2K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC new | 56 | $1K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO new | 4,968 | $120K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| US BANCORP \DE\ new | 84 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| B.O.S.S. Retirement Advisors, LLC trimmed | 105,892 | $3M | 3.3% | 2025-Q4 stale (2 quarters behind) |
| LifeWealth Investments, LLC trimmed | 67,077 | $2M | 2.1% | 2025-Q4 stale (2 quarters behind) |
| Great Lakes Retirement, Inc. trimmed | 47,272 | $1M | 1.5% | 2025-Q4 stale (2 quarters behind) |
| Golden Reserve Retirement LLC new | 14,567 | $349K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| GeoWealth Management, LLC trimmed | 421 | $10K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| OLD MISSION CAPITAL LLC trimmed | 12,108 | $298K | 0.4% | 2025-Q3 stale (3 quarters behind) |
| Signal Advisors Wealth, LLC trimmed | 9,434 | $232K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Richard W. Paul & Associates, LLC added | 244 | $6K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Advisory Services Network, LLC new | 167 | $4K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Pineridge Advisors LLC added | 85 | $2K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Park Square Financial Group, LLC added | 6,983 | $172K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Transce3nd, LLC added | 3,340 | $82K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Global Retirement Partners, LLC new | 143 | $4K | 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.