Who owns QVAL
Which tracked institutional funds hold QVAL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See QVAL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 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
18 tracked funds added or opened QVAL while 10 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
QVAL’s largest tracked holder by dollar value, Strid Group, LLC, sizes it at 11.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 11.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in QVAL 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 61 tracked filers holding QVAL, 28 increased or opened the position and 30 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 QVAL 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 4
- CWM, LLC$11M
- One Degree Advisors Inc$9M
- CENTAURUS FINANCIAL, INC.$694K
- Cambridge Investment Research Advisors, Inc.$574K
Largest adds
- Strid Group, LLC$12M
- Vise Technologies, Inc.$4M
- JPL Wealth Management, LLC$2M
- BWM Planning, LLC$2M
- Valley Financial Group, Inc.$1M
- Well Done, LLC$1M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$6M
- Stokes Family Office, LLC$4M
- Empirical Finance, LLC$2M
- Ethos Financial Group, LLC$2M
- Stratos Wealth Advisors, LLC$1M
- Independent Advisor Alliance$425K
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 |
|---|---|---|---|---|
| Strid Group, LLC added | 1,821,009 | $101M | 30.4% | 2026-Q2 |
| Valley Financial Group, Inc. added | 333,192 | $18M | 5.6% | 2026-Q2 |
| BWM Planning, LLC added | 300,787 | $17M | 5.0% | 2026-Q2 |
| Empirical Finance, LLC trimmed | 219,682 | $12M | 3.7% | 2026-Q2 |
| Ethos Financial Group, LLC trimmed | 203,329 | $12M | 3.6% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 208,210 | $12M | 3.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 187,337 | $10M | 3.1% | 2026-Q2 |
| Well Done, LLC added | 165,606 | $9M | 2.8% | 2026-Q2 |
| Kathmere Capital Management, LLC trimmed | 152,637 | $8M | 2.6% | 2026-Q2 |
| Stokes Family Office, LLC trimmed | 131,695 | $7M | 2.2% | 2026-Q2 |
| JPL Wealth Management, LLC added | 127,564 | $7M | 2.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 110,464 | $6M | 1.8% | 2026-Q2 |
| Empowered Funds, LLC added | 104,967 | $6M | 1.8% | 2026-Q2 |
| Stratos Wealth Advisors, LLC trimmed | 97,797 | $5M | 1.6% | 2026-Q2 |
| LPL Financial LLC added | 92,275 | $5M | 1.5% | 2026-Q2 |
| Vise Technologies, Inc. added | 77,055 | $4M | 1.3% | 2026-Q2 |
| Vestment Financial LLC added | 66,778 | $4M | 1.1% | 2026-Q2 |
| ONE PLUS ONE WEALTH MANAGEMENT, LLC trimmed | 64,813 | $4M | 1.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 62,911 | $3M | 1.1% | 2026-Q2 |
| Mariner, LLC trimmed | 56,119 | $3M | 0.9% | 2026-Q2 |
| QUARRY HILL ADVISORS, LLC | 53,176 | $3M | 0.9% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 52,221 | $3M | 0.9% | 2026-Q2 |
| Equitable Holdings, Inc. added | 37,530 | $2M | 0.6% | 2026-Q2 |
| L.K. Benson & Company, P.C. trimmed | 36,625 | $2M | 0.6% | 2026-Q2 |
| Innova Wealth Partners added | 27,922 | $2M | 0.5% | 2026-Q2 |
| BAKER BOYER NATIONAL BANK trimmed | 24,969 | $1M | 0.4% | 2026-Q2 |
| Meredith Wealth Planning added | 24,883 | $1M | 0.4% | 2026-Q2 |
| Pathstone Holdings, LLC added | 23,223 | $1M | 0.4% | 2026-Q2 |
| XY Planning Network, Inc. trimmed | 21,920 | $1M | 0.4% | 2026-Q2 |
| Warren Street Wealth Advisors, LLC added | 19,545 | $1M | 0.3% | 2026-Q2 |
| Redwood Family Wealth LLC trimmed | 16,734 | $928K | 0.3% | 2026-Q2 |
| Sankala Group LLC added | 13,529 | $825K | 0.2% | 2026-Q2 |
| Quantinno Capital Management LP added | 14,020 | $777K | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 12,461 | $691K | 0.2% | 2026-Q2 |
| Belpointe Asset Management LLC trimmed | 11,889 | $659K | 0.2% | 2026-Q2 |
| Independent Advisor Alliance trimmed | 9,550 | $530K | 0.2% | 2026-Q2 |
| Aspect Partners, LLC | 8,077 | $448K | 0.1% | 2026-Q2 |
| LBMC INVESTMENT ADVISORS, LLC | 8,000 | $444K | 0.1% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 7,901 | $438K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 7,427 | $412K | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 7,339 | $407K | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 7,080 | $393K | 0.1% | 2026-Q2 |
| Almanack Investment Partners, LLC. | 6,354 | $352K | 0.1% | 2026-Q2 |
| GWN SECURITIES INC. trimmed | 6,018 | $334K | 0.1% | 2026-Q2 |
| Intrepid Financial Planning Group LLC trimmed | 5,285 | $293K | 0.1% | 2026-Q2 |
| QUANTIFY CHAOS ADVISORS, LLC added | 5,086 | $282K | 0.1% | 2026-Q2 |
| LEAVELL INVESTMENT MANAGEMENT, INC. added | 4,488 | $249K | 0.1% | 2026-Q2 |
| Moisand Fitzgerald Tamayo, LLC | 4,430 | $246K | 0.1% | 2026-Q2 |
| &PARTNERS new | 4,188 | $232K | 0.1% | 2026-Q2 |
| Cetera Investment Advisers | 4,022 | $223K | 0.1% | 2026-Q2 |
| Foundry Financial LLC trimmed | 3,728 | $207K | 0.1% | 2026-Q2 |
| MORGAN STANLEY added | 3,515 | $195K | 0.1% | 2026-Q2 |
| SRH ADVISORS, LLC | 2,400 | $133K | 0.0% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec trimmed | 2,074 | $115K | 0.0% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC trimmed | 680 | $38K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 624 | $35K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 257 | $14K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC | 100 | $6K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 20 | $1K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1 | $37 | 0.0% | 2026-Q2 |
| MANNING & NAPIER ADVISORS LLC | 0 | $10 | 0.0% | 2026-Q2 |
| CWM, LLC trimmed | 217,002 | $11M | 3.4% | 2026-Q1 stale (1 quarter behind) |
| One Degree Advisors Inc added | 179,417 | $9M | 2.8% | 2026-Q1 stale (1 quarter behind) |
| CENTAURUS FINANCIAL, INC. added | 13,311 | $694K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 11,007 | $574K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Mill Creek Capital Advisors, LLC | 4,313 | $225K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| MAI Capital Management | 1,500 | $78K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Steward Partners Investment Advisory, LLC | 200 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 19,868 | $969K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Roble, Belko & Company, Inc new | 6,725 | $328K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Lifeworks Advisors, LLC trimmed | 6,320 | $308K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Kestra Advisory Services, LLC new | 1,692 | $83K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| American Capital Advisory, LLC | 905 | $44K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| BANK OF AMERICA CORP /DE/ trimmed | 77 | $4K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CoreFirst Bank & Trust new | 56 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| UBS Group AG trimmed | 20 | $976 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| NATURAL INVESTMENTS, LLC new | 283,777 | $8M | 2.3% | 2025-Q3 stale (3 quarters behind) |
| Kathleen S. Wright Associates Inc. trimmed | 105,374 | $5M | 1.5% | 2025-Q3 stale (3 quarters behind) |
| Breakwater Capital Group trimmed | 7,043 | $329K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| JANE STREET GROUP, LLC trimmed | 4,823 | $225K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| AE Wealth Management LLC | 3 | $140 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| CITIGROUP INC new | 1 | $47 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| MENLO ADVISORS LLC trimmed | 248,740 | $11M | 3.3% | 2025-Q2 stale (4 quarters behind) |
| Financial Advocates Investment Management trimmed | 18,224 | $802K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| ATTICUS WEALTH MANAGEMENT, LLC new | 572 | $25K | 0.0% | 2025-Q2 stale (4 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.