Who owns QTPI
Which tracked institutional funds hold QTPI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See QTPI 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
3 tracked funds added or opened QTPI while 2 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
QTPI’s largest tracked holder by dollar value, SMI Advisory Services, LLC, sizes it at 3.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in QTPI 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 8 tracked filers holding QTPI, 6 increased or opened the position and 4 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 QTPI 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.
Full exits 2
- CSM Advisors, LLC$4M
- Merit Financial Group, LLC$1M
Largest adds
- EverSource Wealth Advisors, LLC$1M
- SMI Advisory Services, LLC$814K
- WEST MICHIGAN ADVISORS, LLC$332K
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 |
|---|---|---|---|---|
| SMI Advisory Services, LLC added | 884,577 | $23M | 49.0% | 2026-Q2 |
| RED CEDAR INVESTMENT MANAGEMENT, LLC | 466,193 | $12M | 25.7% | 2026-Q2 |
| WEST MICHIGAN ADVISORS, LLC added | 52,428 | $1M | 2.9% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 49,728 | $1M | 2.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 22,444 | $572K | 1.2% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 16,221 | $414K | 0.9% | 2026-Q2 |
| GTS SECURITIES LLC new | 11,749 | $300K | 0.6% | 2026-Q2 |
| Allworth Financial LP | 200 | $5K | 0.0% | 2026-Q2 |
| CSM Advisors, LLC trimmed | 175,931 | $4M | 9.7% | 2026-Q1 stale (1 quarter behind) |
| Merit Financial Group, LLC trimmed | 41,304 | $1M | 2.3% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC trimmed | 17,692 | $449K | 1.0% | 2026-Q1 stale (1 quarter behind) |
| Patriot Financial Group Insurance Agency, LLC new | 11,220 | $284K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| COMMONWEALTH EQUITY SERVICES, LLC added | 59,241 | $2M | 3.3% | 2025-Q3 stale (3 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.