Who owns QDF
Which tracked institutional funds hold QDF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See QDF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-21). 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 QDF is one-sided between 2026-Q1 and 2026-Q2: 46 added or opened and 12 trimmed or exited — on balance accumulating.
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
QDF’s largest tracked holder by dollar value, NORTHERN TRUST CORP, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in QDF 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 176 tracked filers holding QDF, 69 increased or opened the position and 61 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 QDF 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 7
- Bienville Capital Management, LLC$3M
- TRUST CO OF VERMONT$3M
- Gryphon Financial Partners LLC$1M
- UHLMANN PRICE SECURITIES, LLC$692K
- Corsicana & Co.$662K
- Global Retirement Partners, LLC$639K
Full exits 9
- Cambridge Investment Research Advisors, Inc.$2M
- CITADEL ADVISORS LLC$1M
- Clayton Financial Group LLC$1M
- O'SHAUGHNESSY ASSET MANAGEMENT, LLC$1M
- BESSEMER GROUP INC$1M
- SENTINEL TRUST CO LBA$846K
Largest adds
- NORTHERN TRUST CORP$103M
- TIAA Wealth Investment Management LLC$18M
- Bank of New York Mellon Corp$10M
- VeraBank, N.A.$6M
- AQR CAPITAL MANAGEMENT LLC$6M
- KEYBANK NATIONAL ASSOCIATION/OH$5M
Largest trims
- CFS Investment Advisory Services, LLC$4M
- JPMORGAN CHASE & CO$3M
- JANE STREET GROUP, LLC$453K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| NORTHERN TRUST CORP trimmed | 10,940,926 | $984M | 53.3% | 2026-Q2 |
| TIAA Wealth Investment Management LLC trimmed | 2,188,556 | $196M | 10.6% | 2026-Q2 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC trimmed | 1,462,207 | $131M | 7.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC | 555,000 | $50M | 2.7% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH trimmed | 539,792 | $49M | 2.6% | 2026-Q2 |
| Bank of New York Mellon Corp added | 485,629 | $44M | 2.4% | 2026-Q2 |
| VeraBank, N.A. added | 475,253 | $43M | 2.3% | 2026-Q2 |
| LPL Financial LLC added | 327,350 | $29M | 1.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 326,259 | $29M | 1.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 315,894 | $28M | 1.5% | 2026-Q2 |
| MORGAN STANLEY trimmed | 239,136 | $22M | 1.2% | 2026-Q2 |
| UBS Group AG trimmed | 213,356 | $19M | 1.0% | 2026-Q2 |
| Baird Financial Group, Inc. added | 209,577 | $19M | 1.0% | 2026-Q2 |
| Ledyard National Bank trimmed | 148,475 | $13M | 0.7% | 2026-Q2 |
| Wealthspire Advisors, LLC trimmed | 147,238 | $13M | 0.7% | 2026-Q2 |
| BRIDGES INVESTMENT MANAGEMENT INC trimmed | 121,348 | $11M | 0.6% | 2026-Q2 |
| Focus Partners Wealth trimmed | 113,460 | $10M | 0.6% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 93,488 | $8M | 0.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 91,105 | $8M | 0.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 79,810 | $7M | 0.4% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 76,550 | $7M | 0.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 70,587 | $6M | 0.3% | 2026-Q2 |
| Magnus Financial Group LLC added | 66,730 | $6M | 0.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 54,319 | $5M | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 49,637 | $4M | 0.2% | 2026-Q2 |
| VestGen Advisors, LLC trimmed | 44,290 | $4M | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 44,067 | $4M | 0.2% | 2026-Q2 |
| VestGen Investment Management trimmed | 42,559 | $4M | 0.2% | 2026-Q2 |
| CVA Family Office, LLC trimmed | 41,003 | $4M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 35,203 | $3M | 0.2% | 2026-Q2 |
| HORIZON BANCORP INC /IN/ trimmed | 34,050 | $3M | 0.2% | 2026-Q2 |
| Allworth Financial LP trimmed | 33,919 | $3M | 0.2% | 2026-Q2 |
| TIAA TRUST, NATIONAL ASSOCIATION trimmed | 33,896 | $3M | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 33,325 | $3M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 33,156 | $3M | 0.2% | 2026-Q2 |
| FIRST FOUNDATION ADVISORS | 30,618 | $3M | 0.1% | 2026-Q2 |
| Bienville Capital Management, LLC new | 30,220 | $3M | 0.1% | 2026-Q2 |
| TRUST CO OF VERMONT | 30,128 | $3M | 0.1% | 2026-Q2 |
| Sageworth Trust Co | 29,664 | $3M | 0.1% | 2026-Q2 |
| CFS Investment Advisory Services, LLC trimmed | 24,136 | $2M | 0.1% | 2026-Q2 |
| GTS SECURITIES LLC added | 22,498 | $2M | 0.1% | 2026-Q2 |
| HM PAYSON & CO | 22,215 | $2M | 0.1% | 2026-Q2 |
| MATHER GROUP, LLC. trimmed | 19,978 | $2M | 0.1% | 2026-Q2 |
| Bryn Mawr Trust Advisors, LLC | 19,848 | $2M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 19,847 | $2M | 0.1% | 2026-Q2 |
| COMMERCE BANK | 17,557 | $2M | 0.1% | 2026-Q2 |
| Anson Capital, Inc. trimmed | 17,283 | $2M | 0.1% | 2026-Q2 |
| Atria Investments, Inc added | 16,788 | $2M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 16,647 | $1M | 0.1% | 2026-Q2 |
| Selby Wealth Management, LLC trimmed | 16,403 | $1M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP | 16,256 | $1M | 0.1% | 2026-Q2 |
| First Heartland Consultants, Inc. added | 15,706 | $1M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 15,298 | $1M | 0.1% | 2026-Q2 |
| Valued Retirements, Inc. | 15,028 | $1M | 0.1% | 2026-Q2 |
| Gryphon Financial Partners LLC new | 14,900 | $1M | 0.1% | 2026-Q2 |
| FIRST FINANCIAL CORP /IN/ | 14,273 | $1M | 0.1% | 2026-Q2 |
| Cetera Investment Advisers added | 13,879 | $1M | 0.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC | 13,466 | $1M | 0.1% | 2026-Q2 |
| Sageworth Trust Co of South Dakota trimmed | 13,436 | $1M | 0.1% | 2026-Q2 |
| Creative Planning added | 13,282 | $1M | 0.1% | 2026-Q2 |
| FMR LLC added | 12,564 | $1M | 0.1% | 2026-Q2 |
| VISTA CAPITAL PARTNERS, INC. | 11,762 | $1M | 0.1% | 2026-Q2 |
| Cedar Wealth Management, LLC | 9,967 | $896K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 9,874 | $888K | 0.0% | 2026-Q2 |
| WealthPlan Investment Management, LLC added | 9,858 | $886K | 0.0% | 2026-Q2 |
| PARSONS CAPITAL MANAGEMENT INC/RI | 9,817 | $883K | 0.0% | 2026-Q2 |
| Horizon Family Wealth, Inc. added | 9,658 | $868K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 9,188 | $812K | 0.0% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 8,195 | $737K | 0.0% | 2026-Q2 |
| Firestone Capital Management | 8,160 | $734K | 0.0% | 2026-Q2 |
| MAI Capital Management added | 7,843 | $705K | 0.0% | 2026-Q2 |
| UHLMANN PRICE SECURITIES, LLC new | 7,697 | $692K | 0.0% | 2026-Q2 |
| Quantinno Capital Management LP added | 7,597 | $683K | 0.0% | 2026-Q2 |
| Pacific Sun Financial Corp | 7,555 | $679K | 0.0% | 2026-Q2 |
| Charter Capital Management, LLC\DE | 7,536 | $678K | 0.0% | 2026-Q2 |
| M. Kraus & Co | 7,500 | $674K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. | 7,373 | $663K | 0.0% | 2026-Q2 |
| Corsicana & Co. new | 7,362 | $662K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC trimmed | 7,109 | $639K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC | 6,840 | $615K | 0.0% | 2026-Q2 |
| One Capital Management, LLC | 6,730 | $532K | 0.0% | 2026-Q2 |
| US BANCORP \DE\ | 6,698 | $602K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 6,690 | $602K | 0.0% | 2026-Q2 |
| WEST MICHIGAN ADVISORS, LLC trimmed | 6,655 | $598K | 0.0% | 2026-Q2 |
| Prospera Financial Services Inc added | 6,203 | $558K | 0.0% | 2026-Q2 |
| Emerald Investment Advisers, LLC | 6,185 | $555K | 0.0% | 2026-Q2 |
| Legacy Edge Advisors, LLC trimmed | 6,178 | $452K | 0.0% | 2026-Q2 |
| MGO ONE SEVEN LLC trimmed | 5,642 | $507K | 0.0% | 2026-Q2 |
| Live Oak Private Wealth LLC | 5,582 | $502K | 0.0% | 2026-Q2 |
| EQUITABLE TRUST CO | 5,500 | $495K | 0.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 5,418 | $487K | 0.0% | 2026-Q2 |
| Meridian Wealth Management, LLC | 5,067 | $456K | 0.0% | 2026-Q2 |
| Shore Point Advisors, LLC | 4,984 | $448K | 0.0% | 2026-Q2 |
| WealthPoint Financial, LLC added | 4,983 | $448K | 0.0% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 4,856 | $437K | 0.0% | 2026-Q2 |
| EP Wealth Advisors, LLC | 4,823 | $434K | 0.0% | 2026-Q2 |
| COZAD ASSET MANAGEMENT INC added | 4,640 | $417K | 0.0% | 2026-Q2 |
| Johnson Financial Group, Inc. | 4,500 | $405K | 0.0% | 2026-Q2 |
| ABSOLUTE CAPITAL MANAGEMENT, LLC added | 4,243 | $382K | 0.0% | 2026-Q2 |
| Mariner, LLC added | 4,186 | $376K | 0.0% | 2026-Q2 |
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.