Who owns REGL
Which tracked institutional funds hold REGL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See REGL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
45 tracked funds added or opened REGL while 20 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
REGL’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes REGL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in REGL 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 229 tracked filers holding REGL, 106 increased or opened the position and 108 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 REGL 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.
New buyers 5
- Brookstone Capital Management$3M
- R2 Capital Strategies, LLC$3M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- NewEdge Advisors, LLC$1M
- XTX Topco Ltd$761K
Full exits 8
- Cambridge Investment Research Advisors, Inc.$7M
- Janney Montgomery Scott LLC$6M
- Capital Advisors, Ltd. LLC$5M
- HighTower Advisors, LLC$2M
- MLP3, LLC$1M
- WEDBUSH SECURITIES INC$1M
Largest adds
- Modern Wealth Management, LLC$14M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$6M
- FAS Wealth Partners, Inc.$4M
- Bucket List Wealth Management, LLC$3M
- BLAIR WILLIAM & CO/IL$3M
- COLDSTREAM CAPITAL MANAGEMENT INC$2M
Largest trims
- BENJAMIN EDWARDS INC$5M
- STIFEL FINANCIAL CORP$5M
- TWO SIGMA INVESTMENTS, LP$4M
- RAYMOND JAMES FINANCIAL INC$2M
- BANK OF AMERICA CORP /DE/$605K
- Merit Financial Group, LLC$578K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY trimmed | 2,212,869 | $203M | 18.8% | 2026-Q2 |
| COLDSTREAM CAPITAL MANAGEMENT INC trimmed | 1,935,688 | $177M | 16.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 651,902 | $60M | 5.5% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 632,633 | $58M | 5.4% | 2026-Q2 |
| LPL Financial LLC trimmed | 627,671 | $57M | 5.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 506,627 | $46M | 4.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 391,106 | $36M | 3.3% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 303,226 | $28M | 2.6% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 300,972 | $28M | 2.6% | 2026-Q2 |
| UBS Group AG trimmed | 265,460 | $24M | 2.3% | 2026-Q2 |
| Modern Wealth Management, LLC added | 259,799 | $24M | 2.2% | 2026-Q2 |
| &PARTNERS added | 253,581 | $23M | 2.2% | 2026-Q2 |
| TOTH FINANCIAL ADVISORY CORP added | 233,281 | $21M | 2.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 231,524 | $21M | 2.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 188,567 | $17M | 1.6% | 2026-Q2 |
| FAS Wealth Partners, Inc. added | 136,654 | $13M | 1.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 134,126 | $12M | 1.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 126,373 | $12M | 1.1% | 2026-Q2 |
| Bucket List Wealth Management, LLC added | 109,479 | $10M | 0.9% | 2026-Q2 |
| Dogwood Wealth Management LLC added | 107,264 | $10M | 0.9% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 89,314 | $8M | 0.8% | 2026-Q2 |
| SMITH, MOORE & CO. trimmed | 80,021 | $7M | 0.7% | 2026-Q2 |
| Pathstone Holdings, LLC added | 72,813 | $7M | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 70,148 | $6M | 0.6% | 2026-Q2 |
| Cascade Financial Partners, LLC added | 61,148 | $6M | 0.5% | 2026-Q2 |
| Cetera Investment Advisers added | 60,630 | $6M | 0.5% | 2026-Q2 |
| SILVER OAK SECURITIES, INCORPORATED added | 58,100 | $5M | 0.5% | 2026-Q2 |
| Gladstone Institutional Advisory LLC added | 57,754 | $5M | 0.5% | 2026-Q2 |
| Jacobi Capital Management LLC trimmed | 55,814 | $5M | 0.5% | 2026-Q2 |
| Connecticut Wealth Management, LLC trimmed | 51,391 | $5M | 0.4% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL added | 51,132 | $5M | 0.4% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 49,829 | $5M | 0.4% | 2026-Q2 |
| LMG Wealth Partners, LLC added | 46,369 | $4M | 0.4% | 2026-Q2 |
| World Investment Advisors | 44,750 | $4M | 0.4% | 2026-Q2 |
| Landmark Wealth Management, LLC added | 42,336 | $4M | 0.4% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 41,176 | $4M | 0.3% | 2026-Q2 |
| Avant Capital LLC trimmed | 41,094 | $4M | 0.3% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 40,523 | $4M | 0.3% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 39,910 | $4M | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 39,901 | $4M | 0.3% | 2026-Q2 |
| PINNACLE ASSOCIATES LTD added | 38,295 | $4M | 0.3% | 2026-Q2 |
| United Advisor Group, LLC added | 38,195 | $3M | 0.3% | 2026-Q2 |
| KOM Wealth Management Group, LLC trimmed | 38,098 | $3M | 0.3% | 2026-Q2 |
| Essex Financial Services, Inc. trimmed | 37,560 | $3M | 0.3% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 37,425 | $3M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 36,704 | $3M | 0.3% | 2026-Q2 |
| Premier Path Wealth Partners, LLC added | 35,676 | $3M | 0.3% | 2026-Q2 |
| Clear Creek Financial Management, LLC added | 31,572 | $3M | 0.3% | 2026-Q2 |
| Brookstone Capital Management new | 30,521 | $3M | 0.3% | 2026-Q2 |
| Summit Wealth Partners, LLC trimmed | 29,470 | $3M | 0.3% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. trimmed | 29,015 | $3M | 0.2% | 2026-Q2 |
| Dynamic Advisor Solutions LLC added | 28,983 | $3M | 0.2% | 2026-Q2 |
| Biondo Investment Advisors, LLC added | 28,944 | $3M | 0.2% | 2026-Q2 |
| R2 Capital Strategies, LLC new | 28,810 | $3M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 24,495 | $2M | 0.2% | 2026-Q2 |
| Visionary Wealth Advisors trimmed | 22,223 | $2M | 0.2% | 2026-Q2 |
| Core Wealth Advisors, Inc. added | 21,804 | $2M | 0.2% | 2026-Q2 |
| PMG Wealth Management, Inc. added | 21,390 | $2M | 0.2% | 2026-Q2 |
| VERUS CAPITAL PARTNERS, LLC trimmed | 21,070 | $2M | 0.2% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 20,594 | $2M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 19,559 | $2M | 0.2% | 2026-Q2 |
| Tower Wealth Partners, Inc. added | 19,004 | $2M | 0.2% | 2026-Q2 |
| PFG Investments, LLC added | 18,485 | $2M | 0.2% | 2026-Q2 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV added | 16,920 | $2M | 0.1% | 2026-Q2 |
| Royal Capital Wealth Management, LLC added | 16,445 | $2M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 15,830 | $1M | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 15,579 | $1M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 15,564 | $1M | 0.1% | 2026-Q2 |
| ROMAN BUTLER FULLERTON & CO added | 14,452 | $1M | 0.1% | 2026-Q2 |
| Atlas Brown,Inc. trimmed | 13,902 | $1M | 0.1% | 2026-Q2 |
| Intrepid Financial Planning Group LLC trimmed | 13,785 | $1M | 0.1% | 2026-Q2 |
| MSH Capital Advisors LLC added | 13,776 | $1M | 0.1% | 2026-Q2 |
| Quad-Cities Investment Group, LLC trimmed | 13,096 | $1M | 0.1% | 2026-Q2 |
| Anson Capital, Inc. added | 12,577 | $1M | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC trimmed | 11,964 | $1M | 0.1% | 2026-Q2 |
| HOLLENCREST CAPITAL MANAGEMENT | 11,827 | $1M | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 11,772 | $1M | 0.1% | 2026-Q2 |
| Waverly Advisors, LLC added | 11,502 | $1M | 0.1% | 2026-Q2 |
| KRAEMATON INVESTMENT ADVISORS, INC added | 11,013 | $1M | 0.1% | 2026-Q2 |
| WealthPlan Investment Management, LLC added | 10,723 | $982K | 0.1% | 2026-Q2 |
| Creative Planning trimmed | 10,513 | $963K | 0.1% | 2026-Q2 |
| Nova Wealth Management, Inc. trimmed | 10,460 | $958K | 0.1% | 2026-Q2 |
| Jackson, Grant Investment Advisers, Inc. added | 10,204 | $934K | 0.1% | 2026-Q2 |
| Clarus Wealth Advisors added | 10,196 | $925K | 0.1% | 2026-Q2 |
| FMR LLC added | 10,031 | $919K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 9,906 | $907K | 0.1% | 2026-Q2 |
| COZAD ASSET MANAGEMENT INC trimmed | 9,810 | $898K | 0.1% | 2026-Q2 |
| NewEdge Wealth, LLC | 9,580 | $877K | 0.1% | 2026-Q2 |
| Tempus Wealth Planning, LLC added | 9,470 | $867K | 0.1% | 2026-Q2 |
| Harvest Investment Services, LLC added | 9,435 | $864K | 0.1% | 2026-Q2 |
| Signature Wealth Management Partners, LLC added | 9,290 | $851K | 0.1% | 2026-Q2 |
| Intentional Wealth Strategies, LLC trimmed | 9,218 | $844K | 0.1% | 2026-Q2 |
| Capital Investment Advisors, LLC trimmed | 8,992 | $823K | 0.1% | 2026-Q2 |
| Northwest Financial Advisors added | 8,595 | $787K | 0.1% | 2026-Q2 |
| Key Financial Inc trimmed | 8,514 | $780K | 0.1% | 2026-Q2 |
| Parcion Private Wealth LLC | 8,345 | $764K | 0.1% | 2026-Q2 |
| XTX Topco Ltd new | 8,315 | $761K | 0.1% | 2026-Q2 |
| RDA Financial Network added | 8,189 | $750K | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 8,036 | $736K | 0.1% | 2026-Q2 |
| L & S Advisors Inc trimmed | 7,860 | $720K | 0.1% | 2026-Q2 |
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.