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Institutional Ownership · SEC Form 13F

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.

144
Institutional holders
9,463,163
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
LPL Financial LLC added1,292,242$121M13.6%2026-Q1
MORGAN STANLEY trimmed1,052,236$98M11.1%2026-Q1
AMERIPRISE FINANCIAL INC trimmed1,002,489$94M10.5%2026-Q1
Intelligence Driven Advisers, LLC trimmed612,979$57M6.4%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added431,315$40M4.5%2026-Q1
CX Institutional added321,415$30M3.4%2026-Q1
GREAT VALLEY ADVISOR GROUP, INC. added289,229$27M3.0%2026-Q1
SimpliFi, Inc. added244,333$23M2.6%2026-Q1
Private Advisor Group, LLC trimmed211,692$20M2.2%2026-Q1
BANK OF AMERICA CORP /DE/ added206,196$19M2.2%2026-Q1
Independent Advisor Alliance added156,114$15M1.6%2026-Q1
KWB Wealth160,530$15M1.6%2026-Q1
Aptus Capital Advisors, LLC added148,153$14M1.6%2026-Q1
Financial Guidance Group, Inc. added148,153$14M1.6%2026-Q1
ARRIEN INVESTMENTS, INC. trimmed144,959$14M1.5%2026-Q1
Equitable Holdings, Inc. added148,095$13M1.5%2026-Q1
Financial Enhancement Group LLC trimmed135,783$13M1.5%2026-Q1
FIRST HAWAIIAN BANK trimmed137,956$13M1.4%2026-Q1
ARQ WEALTH ADVISORS, LLC added137,271$13M1.4%2026-Q1
Dynamic Advisor Solutions LLC added128,455$12M1.3%2026-Q1
Hobart Private Capital, LLC trimmed128,356$12M1.3%2026-Q1
Evergreen Private Wealth LLC trimmed109,087$10M1.1%2026-Q1
Brio Consultants, LLC trimmed96,328$9M1.0%2026-Q1
CAPTRUST FINANCIAL ADVISORS trimmed97,585$9M1.0%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed92,633$9M1.0%2026-Q1
Eagle Strategies LLC added90,522$8M1.0%2026-Q1
HighTower Advisors, LLC added86,136$8M0.9%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed79,154$7M0.8%2026-Q1
CWM, LLC added78,878$7M0.8%2026-Q1
PALLADIEM, LLC trimmed71,612$7M0.8%2026-Q1
MONETA GROUP INVESTMENT ADVISORS LLC trimmed63,822$6M0.7%2026-Q1
MML INVESTORS SERVICES, LLC trimmed51,268$5M0.5%2026-Q1
Sage Mountain Advisors LLC trimmed49,562$5M0.5%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added49,558$5M0.5%2026-Q1
1620 INVESTMENT ADVISORS, INC. added43,503$4M0.5%2026-Q1
GOLDMAN SACHS GROUP INC new42,886$4M0.5%2026-Q1
Johnson & White Wealth Management, LLC trimmed42,001$4M0.4%2026-Q1
OLD MISSION CAPITAL LLC trimmed39,288$4M0.4%2026-Q1
ADAPT WEALTH ADVISORS, LLC trimmed38,778$4M0.4%2026-Q1
OSAIC HOLDINGS, INC. added37,992$4M0.4%2026-Q1
RESOLUTE WEALTH ADVISOR, INC. new37,711$4M0.4%2026-Q1
MANNING & NAPIER ADVISORS LLC added37,484$3M0.4%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed37,405$3M0.4%2026-Q1
STIFEL FINANCIAL CORP added35,959$3M0.4%2026-Q1
IHT Wealth Management, LLC32,275$3M0.3%2026-Q1
Western Wealth Management, LLC added31,740$3M0.3%2026-Q1
NorthRock Partners, LLC trimmed29,217$3M0.3%2026-Q1
L & S Advisors Inc added27,091$3M0.3%2026-Q1
21 West Wealth Management LLC trimmed26,532$2M0.3%2026-Q1
Wealthcare Advisory Partners LLC added24,519$2M0.3%2026-Q1
JOURNEY STRATEGIC WEALTH LLC trimmed24,422$2M0.3%2026-Q1
NVWM, LLC trimmed23,089$2M0.2%2026-Q1
Betterment LLC added23,053$2M0.2%2026-Q1
JANE STREET GROUP, LLC trimmed22,416$2M0.2%2026-Q1
Warren Street Wealth Advisors, LLC added21,700$2M0.2%2026-Q1
Cambridge Investment Research Advisors, Inc. added20,174$2M0.2%2026-Q1
Empowered Funds, LLC added19,868$2M0.2%2026-Q1
Mariner, LLC trimmed19,745$2M0.2%2026-Q1
NewEdge Advisors, LLC trimmed95,569$2M0.2%2026-Q1
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added18,984$2M0.2%2026-Q1
BANK OF MONTREAL /CAN/ added17,619$2M0.2%2026-Q1
Element Wealth, LLC added15,919$1M0.2%2026-Q1
IFP Advisors, Inc added15,799$1M0.2%2026-Q1
Stanich Group LLC trimmed15,788$1M0.2%2026-Q1
Farther Finance Advisors, LLC added14,458$1M0.2%2026-Q1
Capital Advisors, Ltd. LLC trimmed14,406$1M0.2%2026-Q1
Golden State Wealth Management, LLC added14,314$1M0.2%2026-Q1
Cornerstone Wealth Management, LLC added13,944$1M0.1%2026-Q1
McAdam, LLC added13,798$1M0.1%2026-Q1
PFG Advisors trimmed13,314$1M0.1%2026-Q1
B. Riley Wealth Advisors, Inc. trimmed11,774$1M0.1%2026-Q1
ROYAL BANK OF CANADA trimmed11,031$1M0.1%2026-Q1
Cerity Partners LLC added9,881$922K0.1%2026-Q1
Cetera Investment Advisers added9,860$920K0.1%2026-Q1
Stratos Wealth Partners, LTD. trimmed9,624$898K0.1%2026-Q1
RAYMOND JAMES FINANCIAL INC added8,679$809K0.1%2026-Q1
Sowell Financial Services LLC trimmed6,347$592K0.1%2026-Q1
Creative Planning trimmed6,190$577K0.1%2026-Q1
Keystone Financial Group added6,016$561K0.1%2026-Q1
VestGen Advisors, LLC trimmed5,580$543K0.1%2026-Q1
AE Wealth Management LLC added5,599$522K0.1%2026-Q1
FMR LLC added5,519$515K0.1%2026-Q1
Investment Research Partners LLC5,460$509K0.1%2026-Q1
Avail Investment Partners, LLC new5,460$509K0.1%2026-Q1
RED REEF ADVISORS LLC trimmed4,983$465K0.1%2026-Q1
Walkner Condon Financial Advisors LLC trimmed4,965$463K0.1%2026-Q1
January Capital Advisors LLC new4,754$443K0.0%2026-Q1
DIVERSIFY WEALTH MANAGEMENT, LLC new4,484$425K0.0%2026-Q1
Lane & Associates LLC trimmed64,860$5M0.6%2025-Q1 stale
WIN ADVISORS, INC added33,263$3M0.3%2025-Q1 stale
TOWNSQUARE CAPITAL LLC added31,072$2M0.3%2025-Q1 stale
CITADEL ADVISORS LLC trimmed22,027$2M0.2%2025-Q4 stale
PARK AVENUE SECURITIES LLC trimmed14,604$1M0.1%2025-Q4 stale
Encompass More Asset Management trimmed13,470$1M0.1%2025-Q4 stale
FLOW TRADERS U.S. LLC trimmed12,248$1M0.1%2025-Q4 stale
Foundations Investment Advisors, LLC new11,097$876K0.1%2025-Q1 stale
Sanctuary Advisors, LLC trimmed8,771$795K0.1%2025-Q4 stale
Compound Planning, Inc. new8,661$739K0.1%2025-Q2 stale
INDEPENDENT FINANCIAL GROUP, LLC new8,550$730K0.1%2025-Q2 stale
Diversify Advisory Services, LLC new4,637$434K0.0%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.

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