Who owns QEFA (QEFA)
Which tracked institutional funds hold QEFA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See QEFA 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
26 tracked funds added or opened QEFA while 16 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
QEFA’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes QEFA more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in QEFA 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 144 tracked filers holding QEFA, 65 increased or opened the position and 63 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 QEFA 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 5
- Independent Advisor Alliance$15M
- GOLDMAN SACHS GROUP INC$4M
- OLD MISSION CAPITAL LLC$4M
- RESOLUTE WEALTH ADVISOR, INC.$4M
- Avail Investment Partners, LLC$509K
Full exits 5
- CITADEL ADVISORS LLC$2M
- PARK AVENUE SECURITIES LLC$1M
- Encompass More Asset Management$1M
- FLOW TRADERS U.S. LLC$1M
- Sanctuary Advisors, LLC$795K
Largest adds
- CX Institutional$13M
- ENVESTNET ASSET MANAGEMENT INC$9M
- LPL Financial LLC$6M
- GREAT VALLEY ADVISOR GROUP, INC.$3M
- HighTower Advisors, LLC$2M
- CWM, LLC$2M
Largest trims
- Intelligence Driven Advisers, LLC$9M
- NewEdge Advisors, LLC$8M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$1M
- MORGAN STANLEY$1M
- PFG Advisors$1M
- JPMORGAN CHASE & CO$941K
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 |
|---|---|---|---|---|
| LPL Financial LLC added | 1,292,242 | $121M | 13.6% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,052,236 | $98M | 11.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 1,002,489 | $94M | 10.5% | 2026-Q1 |
| Intelligence Driven Advisers, LLC trimmed | 612,979 | $57M | 6.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 431,315 | $40M | 4.5% | 2026-Q1 |
| CX Institutional added | 321,415 | $30M | 3.4% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 289,229 | $27M | 3.0% | 2026-Q1 |
| SimpliFi, Inc. added | 244,333 | $23M | 2.6% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 211,692 | $20M | 2.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 206,196 | $19M | 2.2% | 2026-Q1 |
| Independent Advisor Alliance added | 156,114 | $15M | 1.6% | 2026-Q1 |
| KWB Wealth | 160,530 | $15M | 1.6% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 148,153 | $14M | 1.6% | 2026-Q1 |
| Financial Guidance Group, Inc. added | 148,153 | $14M | 1.6% | 2026-Q1 |
| ARRIEN INVESTMENTS, INC. trimmed | 144,959 | $14M | 1.5% | 2026-Q1 |
| Equitable Holdings, Inc. added | 148,095 | $13M | 1.5% | 2026-Q1 |
| Financial Enhancement Group LLC trimmed | 135,783 | $13M | 1.5% | 2026-Q1 |
| FIRST HAWAIIAN BANK trimmed | 137,956 | $13M | 1.4% | 2026-Q1 |
| ARQ WEALTH ADVISORS, LLC added | 137,271 | $13M | 1.4% | 2026-Q1 |
| Dynamic Advisor Solutions LLC added | 128,455 | $12M | 1.3% | 2026-Q1 |
| Hobart Private Capital, LLC trimmed | 128,356 | $12M | 1.3% | 2026-Q1 |
| Evergreen Private Wealth LLC trimmed | 109,087 | $10M | 1.1% | 2026-Q1 |
| Brio Consultants, LLC trimmed | 96,328 | $9M | 1.0% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 97,585 | $9M | 1.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 92,633 | $9M | 1.0% | 2026-Q1 |
| Eagle Strategies LLC added | 90,522 | $8M | 1.0% | 2026-Q1 |
| HighTower Advisors, LLC added | 86,136 | $8M | 0.9% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 79,154 | $7M | 0.8% | 2026-Q1 |
| CWM, LLC added | 78,878 | $7M | 0.8% | 2026-Q1 |
| PALLADIEM, LLC trimmed | 71,612 | $7M | 0.8% | 2026-Q1 |
| MONETA GROUP INVESTMENT ADVISORS LLC trimmed | 63,822 | $6M | 0.7% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 51,268 | $5M | 0.5% | 2026-Q1 |
| Sage Mountain Advisors LLC trimmed | 49,562 | $5M | 0.5% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 49,558 | $5M | 0.5% | 2026-Q1 |
| 1620 INVESTMENT ADVISORS, INC. added | 43,503 | $4M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC new | 42,886 | $4M | 0.5% | 2026-Q1 |
| Johnson & White Wealth Management, LLC trimmed | 42,001 | $4M | 0.4% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 39,288 | $4M | 0.4% | 2026-Q1 |
| ADAPT WEALTH ADVISORS, LLC trimmed | 38,778 | $4M | 0.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 37,992 | $4M | 0.4% | 2026-Q1 |
| RESOLUTE WEALTH ADVISOR, INC. new | 37,711 | $4M | 0.4% | 2026-Q1 |
| MANNING & NAPIER ADVISORS LLC added | 37,484 | $3M | 0.4% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 37,405 | $3M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 35,959 | $3M | 0.4% | 2026-Q1 |
| IHT Wealth Management, LLC | 32,275 | $3M | 0.3% | 2026-Q1 |
| Western Wealth Management, LLC added | 31,740 | $3M | 0.3% | 2026-Q1 |
| NorthRock Partners, LLC trimmed | 29,217 | $3M | 0.3% | 2026-Q1 |
| L & S Advisors Inc added | 27,091 | $3M | 0.3% | 2026-Q1 |
| 21 West Wealth Management LLC trimmed | 26,532 | $2M | 0.3% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 24,519 | $2M | 0.3% | 2026-Q1 |
| JOURNEY STRATEGIC WEALTH LLC trimmed | 24,422 | $2M | 0.3% | 2026-Q1 |
| NVWM, LLC trimmed | 23,089 | $2M | 0.2% | 2026-Q1 |
| Betterment LLC added | 23,053 | $2M | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 22,416 | $2M | 0.2% | 2026-Q1 |
| Warren Street Wealth Advisors, LLC added | 21,700 | $2M | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 20,174 | $2M | 0.2% | 2026-Q1 |
| Empowered Funds, LLC added | 19,868 | $2M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 19,745 | $2M | 0.2% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 95,569 | $2M | 0.2% | 2026-Q1 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 18,984 | $2M | 0.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 17,619 | $2M | 0.2% | 2026-Q1 |
| Element Wealth, LLC added | 15,919 | $1M | 0.2% | 2026-Q1 |
| IFP Advisors, Inc added | 15,799 | $1M | 0.2% | 2026-Q1 |
| Stanich Group LLC trimmed | 15,788 | $1M | 0.2% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 14,458 | $1M | 0.2% | 2026-Q1 |
| Capital Advisors, Ltd. LLC trimmed | 14,406 | $1M | 0.2% | 2026-Q1 |
| Golden State Wealth Management, LLC added | 14,314 | $1M | 0.2% | 2026-Q1 |
| Cornerstone Wealth Management, LLC added | 13,944 | $1M | 0.1% | 2026-Q1 |
| McAdam, LLC added | 13,798 | $1M | 0.1% | 2026-Q1 |
| PFG Advisors trimmed | 13,314 | $1M | 0.1% | 2026-Q1 |
| B. Riley Wealth Advisors, Inc. trimmed | 11,774 | $1M | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 11,031 | $1M | 0.1% | 2026-Q1 |
| Cerity Partners LLC added | 9,881 | $922K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 9,860 | $920K | 0.1% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 9,624 | $898K | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 8,679 | $809K | 0.1% | 2026-Q1 |
| Sowell Financial Services LLC trimmed | 6,347 | $592K | 0.1% | 2026-Q1 |
| Creative Planning trimmed | 6,190 | $577K | 0.1% | 2026-Q1 |
| Keystone Financial Group added | 6,016 | $561K | 0.1% | 2026-Q1 |
| VestGen Advisors, LLC trimmed | 5,580 | $543K | 0.1% | 2026-Q1 |
| AE Wealth Management LLC added | 5,599 | $522K | 0.1% | 2026-Q1 |
| FMR LLC added | 5,519 | $515K | 0.1% | 2026-Q1 |
| Investment Research Partners LLC | 5,460 | $509K | 0.1% | 2026-Q1 |
| Avail Investment Partners, LLC new | 5,460 | $509K | 0.1% | 2026-Q1 |
| RED REEF ADVISORS LLC trimmed | 4,983 | $465K | 0.1% | 2026-Q1 |
| Walkner Condon Financial Advisors LLC trimmed | 4,965 | $463K | 0.1% | 2026-Q1 |
| January Capital Advisors LLC new | 4,754 | $443K | 0.0% | 2026-Q1 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 4,484 | $425K | 0.0% | 2026-Q1 |
| Lane & Associates LLC trimmed | 64,860 | $5M | 0.6% | 2025-Q1 stale |
| WIN ADVISORS, INC added | 33,263 | $3M | 0.3% | 2025-Q1 stale |
| TOWNSQUARE CAPITAL LLC added | 31,072 | $2M | 0.3% | 2025-Q1 stale |
| CITADEL ADVISORS LLC trimmed | 22,027 | $2M | 0.2% | 2025-Q4 stale |
| PARK AVENUE SECURITIES LLC trimmed | 14,604 | $1M | 0.1% | 2025-Q4 stale |
| Encompass More Asset Management trimmed | 13,470 | $1M | 0.1% | 2025-Q4 stale |
| FLOW TRADERS U.S. LLC trimmed | 12,248 | $1M | 0.1% | 2025-Q4 stale |
| Foundations Investment Advisors, LLC new | 11,097 | $876K | 0.1% | 2025-Q1 stale |
| Sanctuary Advisors, LLC trimmed | 8,771 | $795K | 0.1% | 2025-Q4 stale |
| Compound Planning, Inc. new | 8,661 | $739K | 0.1% | 2025-Q2 stale |
| INDEPENDENT FINANCIAL GROUP, LLC new | 8,550 | $730K | 0.1% | 2025-Q2 stale |
| Diversify Advisory Services, LLC new | 4,637 | $434K | 0.0% | 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.
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.