Who owns QTOP (QTOP)
Which tracked institutional funds hold QTOP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See QTOP 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
The tracked-fund tape on QTOP is one-sided between 2025-Q4 and 2026-Q1: 2 added or opened and 8 trimmed or exited — on balance reducing.
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
QTOP’s largest tracked holder by dollar value, GOLDMAN SACHS GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in QTOP 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 30 tracked filers holding QTOP, 19 increased or opened the position and 17 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 QTOP 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 2
- DIVERSIFY WEALTH MANAGEMENT, LLC$2M
- PFG Investments, LLC$784K
Full exits 3
- GOLDMAN SACHS GROUP INC$44M
- Diversify Advisory Services, LLC$2M
- RAYMOND JAMES FINANCIAL INC$808K
Largest trims
- BlackRock, Inc.$6M
- BANK OF AMERICA CORP /DE/$3M
- REGENTS OF THE UNIVERSITY OF CALIFORNIA$2M
- THOROUGHBRED FINANCIAL SERVICES, LLC$868K
- Tower Research Capital LLC (TRC)$263K
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 |
|---|---|---|---|---|
| REGENTS OF THE UNIVERSITY OF CALIFORNIA | 1,005,773 | $30M | 20.4% | 2026-Q1 |
| BlackRock, Inc. trimmed | 734,199 | $22M | 14.9% | 2026-Q1 |
| LPL Financial LLC added | 485,641 | $15M | 9.9% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC trimmed | 361,047 | $11M | 7.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 80,220 | $2M | 1.6% | 2026-Q1 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 62,498 | $2M | 1.5% | 2026-Q1 |
| Stratos Wealth Advisors, LLC added | 60,402 | $2M | 1.2% | 2026-Q1 |
| Private Advisor Group, LLC added | 48,164 | $1M | 1.0% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 36,485 | $1M | 0.7% | 2026-Q1 |
| INSIGNEO ADVISORY SERVICES, LLC added | 30,002 | $898K | 0.6% | 2026-Q1 |
| Cetera Investment Advisers added | 27,238 | $815K | 0.6% | 2026-Q1 |
| PFG Investments, LLC new | 26,202 | $784K | 0.5% | 2026-Q1 |
| ATX Financial Planning, LLC new | 16,128 | $483K | 0.3% | 2026-Q1 |
| Quadrature Capital Ltd new | 13,669 | $409K | 0.3% | 2026-Q1 |
| Mascagni Wealth Management, Inc. new | 12,287 | $368K | 0.2% | 2026-Q1 |
| MAGNOLIA CAPITAL ADVISORS LLC | 11,738 | $351K | 0.2% | 2026-Q1 |
| Realta Investment Advisors trimmed | 10,160 | $304K | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 10,007 | $300K | 0.2% | 2026-Q1 |
| HighPoint Advisor Group LLC trimmed | 8,753 | $262K | 0.2% | 2026-Q1 |
| ALTERNA WEALTH MANAGEMENT, INC new | 7,434 | $223K | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 4,965 | $149K | 0.1% | 2026-Q1 |
| Tower Research Capital LLC (TRC) trimmed | 4,601 | $138K | 0.1% | 2026-Q1 |
| Sound Income Strategies, LLC new | 1,868 | $57K | 0.0% | 2026-Q1 |
| EFG International AG added | 1,150 | $34K | 0.0% | 2026-Q1 |
| SIMPLEX TRADING, LLC trimmed | 892 | $27K | 0.0% | 2026-Q1 |
| Quent Capital, LLC | 500 | $15K | 0.0% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 374 | $11K | 0.0% | 2026-Q1 |
| Sankala Group LLC new | 272 | $8K | 0.0% | 2026-Q1 |
| VANGUARD ADVISERS INC new | 37 | $1K | 0.0% | 2026-Q1 |
| CWM, LLC new | 30 | $898 | 0.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,363,085 | $44M | 29.6% | 2025-Q4 stale |
| Advisor Resource Council new | 157,431 | $4M | 2.5% | 2025-Q1 stale |
| Diversify Advisory Services, LLC added | 66,685 | $2M | 1.5% | 2025-Q4 stale |
| Empowered Funds, LLC new | 61,814 | $2M | 1.3% | 2025-Q3 stale |
| CITADEL ADVISORS LLC added | 35,821 | $1M | 0.8% | 2025-Q3 stale |
| RAYMOND JAMES FINANCIAL INC added | 25,281 | $808K | 0.5% | 2025-Q4 stale |
| JANE STREET GROUP, LLC new | 33,599 | $797K | 0.5% | 2025-Q1 stale |
| Cambridge Investment Research Advisors, Inc. added | 16,244 | $385K | 0.3% | 2025-Q1 stale |
| GTS SECURITIES LLC trimmed | 13,245 | $314K | 0.2% | 2025-Q1 stale |
| AVANTAX ADVISORY SERVICES, INC. new | 10,427 | $295K | 0.2% | 2025-Q2 stale |
| PRIVATE TRUST CO NA | 4,097 | $131K | 0.1% | 2025-Q4 stale |
| Steward Partners Investment Advisory, LLC new | 3,426 | $109K | 0.1% | 2025-Q4 stale |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 1,685 | $48K | 0.0% | 2025-Q2 stale |
| UBS Group AG new | 794 | $22K | 0.0% | 2025-Q2 stale |
| MORGAN STANLEY added | 171 | $5K | 0.0% | 2025-Q2 stale |
| NewEdge Advisors, LLC added | 140 | $4K | 0.0% | 2025-Q4 stale |
| BANK OF MONTREAL /CAN/ | 51 | $2K | 0.0% | 2025-Q4 stale |
| ROYAL BANK OF CANADA new | 16 | $1K | 0.0% | 2025-Q4 stale |
| BNP PARIBAS FINANCIAL MARKETS new | 3 | $96 | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 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.