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Institutional Ownership · SEC Form 13F

Who owns QDF (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-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

174
Institutional holders
21,111,536
Shares held (tracked funds)

How the tape is positioned

23 tracked funds added or opened QDF while 21 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

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 2025-Q4 and 2026-Q1, across 174 tracked filers holding QDF, 68 increased or opened the position and 53 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 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 9

  • TIAA Wealth Investment Management LLC$178M
  • TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC$127M
  • AQR CAPITAL MANAGEMENT LLC$44M
  • VestGen Advisors, LLC$4M
  • CITADEL ADVISORS LLC$1M
  • O'SHAUGHNESSY ASSET MANAGEMENT, LLC$1M

Full exits 4

  • TRUST CO OF VERMONT$2M
  • Global Retirement Partners, LLC$627K
  • F/m Investments LLC$618K
  • NewEdge Advisors, LLC$553K

Largest adds

  • Bank of New York Mellon Corp$4M
  • BANK OF AMERICA CORP /DE/$4M
  • UBS Group AG$1M
  • Baird Financial Group, Inc.$1M
  • GOLDMAN SACHS GROUP INC$1M
  • First Heartland Consultants, Inc.$777K

Largest trims

  • TIAA TRUST, NATIONAL ASSOCIATION$328M
  • NORTHERN TRUST CORP$29M
  • Focus Partners Wealth$7M
  • WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$5M
  • LPL Financial LLC$4M
  • Ledyard National Bank$3M

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
NORTHERN TRUST CORP trimmed11,131,049$880M52.6%2026-Q1
TIAA Wealth Investment Management LLC new2,301,166$178M10.6%2026-Q1
TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new1,599,616$127M7.6%2026-Q1
AQR CAPITAL MANAGEMENT LLC new555,000$44M2.6%2026-Q1
KEYBANK NATIONAL ASSOCIATION/OH added547,452$43M2.6%2026-Q1
VeraBank, N.A. added463,289$37M2.2%2026-Q1
Bank of New York Mellon Corp added426,191$34M2.0%2026-Q1
LPL Financial LLC trimmed320,128$25M1.5%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added317,937$25M1.5%2026-Q1
BANK OF AMERICA CORP /DE/ added302,356$24M1.4%2026-Q1
MORGAN STANLEY trimmed243,217$19M1.1%2026-Q1
UBS Group AG added238,625$19M1.1%2026-Q1
Baird Financial Group, Inc. added195,321$15M0.9%2026-Q1
Ledyard National Bank trimmed151,308$12M0.7%2026-Q1
Wealthspire Advisors, LLC added147,998$12M0.7%2026-Q1
BRIDGES INVESTMENT MANAGEMENT INC trimmed121,748$10M0.6%2026-Q1
Focus Partners Wealth trimmed113,617$9M0.5%2026-Q1
Orion Porfolio Solutions, LLC trimmed96,519$8M0.5%2026-Q1
CFS Investment Advisory Services, LLC trimmed73,592$6M0.4%2026-Q1
JPMORGAN CHASE & CO added80,934$6M0.4%2026-Q1
BENJAMIN EDWARDS INC added77,336$6M0.4%2026-Q1
WELLS FARGO & COMPANY/MN trimmed76,413$6M0.4%2026-Q1
Magnus Financial Group LLC added66,481$5M0.3%2026-Q1
GOLDMAN SACHS GROUP INC added64,958$5M0.3%2026-Q1
MML INVESTORS SERVICES, LLC trimmed63,661$5M0.3%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed52,056$4M0.2%2026-Q1
VestGen Advisors, LLC new45,720$4M0.2%2026-Q1
OSAIC HOLDINGS, INC. trimmed49,519$4M0.2%2026-Q1
VestGen Investment Management added45,847$4M0.2%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed44,212$3M0.2%2026-Q1
CVA Family Office, LLC trimmed41,888$3M0.2%2026-Q1
TIAA TRUST, NATIONAL ASSOCIATION trimmed34,927$3M0.2%2026-Q1
Allworth Financial LP trimmed34,922$3M0.2%2026-Q1
HORIZON BANCORP INC /IN/ trimmed34,798$3M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC added34,517$3M0.2%2026-Q1
ROYAL BANK OF CANADA added32,278$3M0.2%2026-Q1
Cambridge Investment Research Advisors, Inc. added30,878$2M0.1%2026-Q1
FIRST FOUNDATION ADVISORS trimmed30,618$2M0.1%2026-Q1
Sageworth Trust Co29,664$2M0.1%2026-Q1
HM PAYSON & CO22,215$2M0.1%2026-Q1
MATHER GROUP, LLC. trimmed21,011$2M0.1%2026-Q1
Anson Capital, Inc. added20,589$2M0.1%2026-Q1
Bryn Mawr Trust Advisors, LLC19,848$2M0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added18,957$1M0.1%2026-Q1
CITADEL ADVISORS LLC added18,312$1M0.1%2026-Q1
COMMERCE BANK17,557$1M0.1%2026-Q1
Clayton Financial Group LLC17,000$1M0.1%2026-Q1
Atria Investments, Inc added16,730$1M0.1%2026-Q1
Selby Wealth Management, LLC16,523$1M0.1%2026-Q1
Corient Private Wealth LLC16,256$1M0.1%2026-Q1
First Heartland Consultants, Inc. added15,648$1M0.1%2026-Q1
Rockefeller Capital Management L.P. trimmed15,340$1M0.1%2026-Q1
Valued Retirements, Inc.15,028$1M0.1%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC new14,530$1M0.1%2026-Q1
BESSEMER GROUP INC14,486$1M0.1%2026-Q1
Sageworth Trust Co of South Dakota trimmed14,472$1M0.1%2026-Q1
FIRST FINANCIAL CORP /IN/ trimmed14,273$1M0.1%2026-Q1
GTS SECURITIES LLC new14,141$1M0.1%2026-Q1
Beacon Pointe Advisors, LLC added13,466$1M0.1%2026-Q1
Cetera Investment Advisers trimmed13,441$1M0.1%2026-Q1
Creative Planning trimmed12,922$1M0.1%2026-Q1
VISTA CAPITAL PARTNERS, INC.11,762$930K0.1%2026-Q1
SENTINEL TRUST CO LBA trimmed10,700$846K0.1%2026-Q1
FMR LLC added10,682$845K0.1%2026-Q1
BANK OF MONTREAL /CAN/ trimmed10,019$792K0.0%2026-Q1
Cedar Wealth Management, LLC9,967$788K0.0%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added9,853$779K0.0%2026-Q1
JANE STREET GROUP, LLC added9,827$777K0.0%2026-Q1
PARSONS CAPITAL MANAGEMENT INC/RI9,817$776K0.0%2026-Q1
Horizon Family Wealth, Inc. added9,620$761K0.0%2026-Q1
Kestra Advisory Services, LLC trimmed8,751$692K0.0%2026-Q1
Addison Advisors LLC trimmed8,681$687K0.0%2026-Q1
WealthPlan Investment Management, LLC added8,412$665K0.0%2026-Q1
JONES FINANCIAL COMPANIES LLLP added8,377$651K0.0%2026-Q1
FLOW TRADERS U.S. LLC added8,222$650K0.0%2026-Q1
Firestone Capital Management8,160$645K0.0%2026-Q1
MAI Capital Management trimmed7,840$620K0.0%2026-Q1
Pacific Sun Financial Corp trimmed7,555$598K0.0%2026-Q1
Charter Capital Management, LLC\DE7,536$596K0.0%2026-Q1
M. Kraus & Co trimmed7,500$593K0.0%2026-Q1
Geneos Wealth Management Inc.7,373$583K0.0%2026-Q1
McGinn Penninger Investment Management, Inc. trimmed7,042$557K0.0%2026-Q1
WEST MICHIGAN ADVISORS, LLC trimmed6,893$545K0.0%2026-Q1
One Capital Management, LLC added6,730$532K0.0%2026-Q1
US BANCORP \DE\ added6,698$530K0.0%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. trimmed6,690$529K0.0%2026-Q1
MGO ONE SEVEN LLC trimmed6,358$503K0.0%2026-Q1
Prospera Financial Services Inc added6,195$490K0.0%2026-Q1
Legacy Edge Advisors, LLC trimmed6,185$489K0.0%2026-Q1
Orion Portfolio Solutions, LLC trimmed124,667$9M0.5%2025-Q1 stale
Transform Wealth, LLC trimmed61,155$4M0.2%2025-Q1 stale
Kovitz Investment Group Partners, LLC trimmed32,994$3M0.2%2025-Q3 stale
TRUST CO OF VERMONT30,128$2M0.1%2025-Q4 stale
John W. Brooker & Co., CPAs trimmed19,121$1M0.1%2025-Q1 stale
GWN SECURITIES INC. new18,233$1M0.1%2025-Q1 stale
NATIXIS ADVISORS, LLC trimmed11,350$831K0.0%2025-Q2 stale
TWO SIGMA INVESTMENTS, LP trimmed9,200$629K0.0%2025-Q1 stale
Global Retirement Partners, LLC added7,759$627K0.0%2025-Q4 stale
F/m Investments LLC trimmed7,664$618K0.0%2025-Q4 stale
NewEdge Advisors, LLC added6,840$553K0.0%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.

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