Who owns QDEC
Which tracked institutional funds hold QDEC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See QDEC company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-19). 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
14 tracked funds added or opened QDEC while 13 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
QDEC’s largest tracked holder by dollar value, Sequent Planning LLC, sizes it at 3.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in QDEC 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 103 tracked filers holding QDEC, 47 increased or opened the position and 41 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 QDEC 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 4
- Luken Investment Analytics, LLC$5M
- Keystone Wealth Services, LLC$1M
- UPTICK PARTNERS, LLC$1M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$968K
Full exits 4
- Global Retirement Partners, LLC$4M
- JANE STREET GROUP, LLC$2M
- JPMORGAN CHASE & CO$957K
- Global Assets Advisory, LLC$868K
Largest adds
- Janney Montgomery Scott LLC$6M
- Kestra Advisory Services, LLC$4M
- STEPHENS INC /AR/$2M
- HighTower Advisors, LLC$1M
- ENVESTNET ASSET MANAGEMENT INC$1M
- Harvest Investment Services, LLC$944K
Largest trims
- OSAIC HOLDINGS, INC.$2M
- Sequent Planning LLC$1M
- RAYMOND JAMES FINANCIAL INC$1M
- NewEdge Advisors, LLC$879K
- SMART Wealth LLC$567K
- TRUIST FINANCIAL CORP$540K
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 |
|---|---|---|---|---|
| Sequent Planning LLC trimmed | 485,639 | $15M | 6.6% | 2026-Q1 |
| Cetera Investment Advisers added | 477,545 | $15M | 6.5% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 391,166 | $12M | 5.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 387,508 | $12M | 5.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 367,292 | $12M | 5.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 360,914 | $11M | 4.9% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 264,928 | $8M | 3.6% | 2026-Q1 |
| LPL Financial LLC added | 203,053 | $6M | 2.8% | 2026-Q1 |
| OPPENHEIMER & CO INC added | 152,633 | $5M | 2.1% | 2026-Q1 |
| Luken Investment Analytics, LLC added | 145,710 | $5M | 2.0% | 2026-Q1 |
| STEPHENS INC /AR/ added | 145,011 | $5M | 2.0% | 2026-Q1 |
| First Heartland Consultants, Inc. added | 138,475 | $4M | 1.9% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 132,031 | $4M | 1.8% | 2026-Q1 |
| SMART Wealth LLC trimmed | 122,965 | $4M | 1.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 117,666 | $4M | 1.6% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. trimmed | 86,950 | $3M | 1.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 84,198 | $3M | 1.1% | 2026-Q1 |
| HighTower Advisors, LLC added | 82,593 | $3M | 1.1% | 2026-Q1 |
| Faithward Advisors, LLC added | 78,680 | $2M | 1.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 71,858 | $2M | 1.0% | 2026-Q1 |
| FWG Investments, LLC. added | 70,371 | $2M | 1.0% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 64,620 | $2M | 0.9% | 2026-Q1 |
| Purus Wealth Management, LLC trimmed | 62,616 | $2M | 0.9% | 2026-Q1 |
| Harvest Investment Services, LLC added | 59,822 | $2M | 0.8% | 2026-Q1 |
| Keystone Wealth Services, LLC added | 45,663 | $1M | 0.6% | 2026-Q1 |
| Clear Creek Financial Management, LLC added | 45,287 | $1M | 0.6% | 2026-Q1 |
| Ignite Planners, LLC added | 44,775 | $1M | 0.6% | 2026-Q1 |
| UPTICK PARTNERS, LLC new | 44,448 | $1M | 0.6% | 2026-Q1 |
| Maia Wealth LLC trimmed | 43,074 | $1M | 0.6% | 2026-Q1 |
| Outlook Wealth Advisors, LLC added | 42,678 | $1M | 0.6% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 36,046 | $1M | 0.5% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 34,750 | $1M | 0.5% | 2026-Q1 |
| Grantvest Financial Group LLC added | 34,674 | $1M | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 30,777 | $968K | 0.4% | 2026-Q1 |
| Mariner, LLC trimmed | 28,315 | $891K | 0.4% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. trimmed | 25,983 | $817K | 0.4% | 2026-Q1 |
| Arkadios Wealth Advisors trimmed | 25,157 | $791K | 0.3% | 2026-Q1 |
| World Investment Advisors trimmed | 24,259 | $763K | 0.3% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC added | 23,098 | $727K | 0.3% | 2026-Q1 |
| 1776 Wealth LLC | 21,540 | $678K | 0.3% | 2026-Q1 |
| INSIGNEO ADVISORY SERVICES, LLC trimmed | 21,380 | $673K | 0.3% | 2026-Q1 |
| Synergy Asset Management, LLC trimmed | 20,282 | $638K | 0.3% | 2026-Q1 |
| SILVER OAK SECURITIES, INCORPORATED added | 18,560 | $584K | 0.3% | 2026-Q1 |
| Mutual Advisors, LLC | 18,270 | $575K | 0.2% | 2026-Q1 |
| INTEGRITY ALLIANCE, LLC. added | 18,201 | $573K | 0.2% | 2026-Q1 |
| NOVEM GROUP trimmed | 17,744 | $558K | 0.2% | 2026-Q1 |
| Redhawk Wealth Advisors, Inc. added | 16,816 | $529K | 0.2% | 2026-Q1 |
| Sunbelt Securities, Inc. added | 16,760 | $527K | 0.2% | 2026-Q1 |
| Grant Street Asset Management, Inc. added | 16,678 | $525K | 0.2% | 2026-Q1 |
| CENTAURUS FINANCIAL, INC. trimmed | 16,461 | $518K | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 15,848 | $499K | 0.2% | 2026-Q1 |
| RFG Advisory, LLC added | 14,687 | $462K | 0.2% | 2026-Q1 |
| Benson Wealth Management INC added | 13,547 | $426K | 0.2% | 2026-Q1 |
| Diligent Investors, LLC | 13,500 | $425K | 0.2% | 2026-Q1 |
| Advisory Services Network, LLC added | 13,310 | $419K | 0.2% | 2026-Q1 |
| Sigma Planning Corp | 13,182 | $415K | 0.2% | 2026-Q1 |
| Savvy Advisors, Inc. trimmed | 12,703 | $400K | 0.2% | 2026-Q1 |
| PFG Advisors added | 12,033 | $379K | 0.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 11,937 | $378K | 0.2% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 10,985 | $346K | 0.1% | 2026-Q1 |
| Capital Analysts, LLC trimmed | 10,778 | $339K | 0.1% | 2026-Q1 |
| Private Advisory Group LLC trimmed | 10,742 | $338K | 0.1% | 2026-Q1 |
| Strategic Blueprint, LLC | 10,500 | $330K | 0.1% | 2026-Q1 |
| WINNOW WEALTH LLC trimmed | 10,484 | $330K | 0.1% | 2026-Q1 |
| Anfield Capital Management, LLC new | 10,056 | $316K | 0.1% | 2026-Q1 |
| EQUITABLE TRUST CO new | 9,861 | $310K | 0.1% | 2026-Q1 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC | 9,481 | $298K | 0.1% | 2026-Q1 |
| NBC SECURITIES, INC. | 8,409 | $265K | 0.1% | 2026-Q1 |
| StoneX Group Inc. added | 8,286 | $261K | 0.1% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 8,285 | $261K | 0.1% | 2026-Q1 |
| Lifeworks Advisors, LLC | 8,146 | $256K | 0.1% | 2026-Q1 |
| Spire Wealth Management | 8,061 | $254K | 0.1% | 2026-Q1 |
| Snowden Capital Advisors LLC added | 8,060 | $254K | 0.1% | 2026-Q1 |
| Cresset Asset Management, LLC | 8,028 | $253K | 0.1% | 2026-Q1 |
| Prosperity Consulting Group, LLC | 8,020 | $252K | 0.1% | 2026-Q1 |
| CreativeOne Wealth, LLC | 7,907 | $249K | 0.1% | 2026-Q1 |
| WEDBUSH SECURITIES INC added | 7,352 | $231K | 0.1% | 2026-Q1 |
| Modern Wealth Management, LLC new | 441,852 | $13M | 5.6% | 2025-Q2 stale |
| Kaye Capital Management added | 441,852 | $13M | 5.6% | 2025-Q2 stale |
| Ferguson Shapiro LLC new | 439,049 | $11M | 5.0% | 2025-Q1 stale |
| Global Retirement Partners, LLC added | 113,903 | $4M | 1.6% | 2025-Q4 stale |
| JANE STREET GROUP, LLC added | 69,973 | $2M | 1.0% | 2025-Q4 stale |
| Ameritas Advisory Services, LLC trimmed | 55,861 | $2M | 0.8% | 2025-Q3 stale |
| Creekmur Asset Management LLC trimmed | 48,838 | $2M | 0.7% | 2025-Q3 stale |
| OLD MISSION CAPITAL LLC added | 43,312 | $1M | 0.6% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. added | 47,638 | $1M | 0.5% | 2025-Q1 stale |
| Mission Financial Group, LLC added | 32,591 | $1M | 0.4% | 2025-Q1 stale |
| JPMORGAN CHASE & CO added | 29,413 | $957K | 0.4% | 2025-Q4 stale |
| Global Assets Advisory, LLC trimmed | 26,682 | $868K | 0.4% | 2025-Q4 stale |
| Apollon Wealth Management, LLC trimmed | 27,118 | $844K | 0.4% | 2025-Q3 stale |
| Lion Street Advisors, LLC added | 21,551 | $492K | 0.2% | 2025-Q3 stale |
| CITADEL ADVISORS LLC trimmed | 14,960 | $487K | 0.2% | 2025-Q4 stale |
| Consolidated Portfolio Review Corp | 12,918 | $402K | 0.2% | 2025-Q3 stale |
| FLAGSTAR ADVISORS INC added | 14,621 | $382K | 0.2% | 2025-Q1 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 11,897 | $349K | 0.2% | 2025-Q2 stale |
| Bullseye Investment Management, LLC | 12,496 | $327K | 0.1% | 2025-Q3 stale |
| Stonebridge Financial Group, LLC added | 9,370 | $275K | 0.1% | 2025-Q2 stale |
| HRT FINANCIAL LP new | 8,677 | $269K | 0.1% | 2025-Q3 stale |
| WOLVERINE TRADING, LLC trimmed | 8,149 | $253K | 0.1% | 2025-Q3 stale |
| Seros Financial, LLC | 7,461 | $243K | 0.1% | 2025-Q4 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.