Who owns ROE
Which tracked institutional funds hold ROE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ROE company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-20). 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
11 tracked funds added or opened ROE while 6 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
ROE’s largest tracked holder by dollar value, POTOMAC FUND MANAGEMENT INC /ADV, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ROE 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 54 tracked filers holding ROE, 28 increased or opened the position and 34 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 ROE 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 3
- POTOMAC FUND MANAGEMENT INC /ADV$24M
- EXCHANGE TRADED CONCEPTS, LLC$3M
- Cambridge Investment Research Advisors, Inc.$968K
Full exits 2
- PUFF WEALTH MANAGEMENT, LLC$2M
- Pursuit Wealth Management LLC$728K
Largest adds
- Greenwich Wealth Management LLC$3M
- HighTower Advisors, LLC$1M
- Belpointe Asset Management LLC$948K
- ENVESTNET ASSET MANAGEMENT INC$809K
- Compound Planning, Inc.$561K
- Beacon Capital Management, Inc.$521K
Largest trims
- Vermillion & White Wealth Management Group, LLC$4M
- WELLS FARGO & COMPANY/MN$1M
- Oregon Pacific Wealth Management, LLC$477K
- Legacy Capital Group California, Inc.$322K
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 |
|---|---|---|---|---|
| POTOMAC FUND MANAGEMENT INC /ADV new | 681,726 | $24M | 13.4% | 2026-Q1 |
| Hobbs Group Advisors, LLC added | 667,973 | $24M | 13.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 602,031 | $21M | 11.8% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 294,060 | $10M | 5.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 293,411 | $10M | 5.8% | 2026-Q1 |
| Beacon Capital Management, Inc. added | 290,859 | $10M | 5.7% | 2026-Q1 |
| Greenwich Wealth Management LLC added | 290,081 | $10M | 5.7% | 2026-Q1 |
| Vermillion & White Wealth Management Group, LLC trimmed | 212,635 | $6M | 3.4% | 2026-Q1 |
| Belpointe Asset Management LLC added | 122,427 | $4M | 2.4% | 2026-Q1 |
| Oregon Pacific Wealth Management, LLC trimmed | 117,253 | $4M | 2.3% | 2026-Q1 |
| Atria Investments, Inc trimmed | 104,855 | $4M | 2.1% | 2026-Q1 |
| EXCHANGE TRADED CONCEPTS, LLC new | 91,849 | $3M | 1.8% | 2026-Q1 |
| Legacy Capital Group California, Inc. trimmed | 73,877 | $3M | 1.5% | 2026-Q1 |
| HighTower Advisors, LLC added | 62,551 | $2M | 1.2% | 2026-Q1 |
| World Investment Advisors trimmed | 59,956 | $2M | 1.2% | 2026-Q1 |
| BlackDiamond Wealth Management, LLC added | 47,241 | $2M | 0.9% | 2026-Q1 |
| BLUEDOOR PRIVATE WEALTH, LLC trimmed | 41,335 | $1M | 0.8% | 2026-Q1 |
| Latitude Advisors, LLC added | 37,588 | $1M | 0.7% | 2026-Q1 |
| Compound Planning, Inc. added | 37,210 | $1M | 0.7% | 2026-Q1 |
| LPL Financial LLC added | 36,958 | $1M | 0.7% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 36,772 | $1M | 0.7% | 2026-Q1 |
| GeoWealth Management, LLC added | 33,196 | $1M | 0.7% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 32,499 | $1M | 0.6% | 2026-Q1 |
| SILVERLAKE WEALTH MANAGEMENT LLC added | 31,315 | $1M | 0.6% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 27,333 | $968K | 0.5% | 2026-Q1 |
| Omnitrust Wealth Management, Inc added | 23,260 | $824K | 0.5% | 2026-Q1 |
| &PARTNERS trimmed | 20,482 | $726K | 0.4% | 2026-Q1 |
| CreativeOne Wealth, LLC trimmed | 18,360 | $651K | 0.4% | 2026-Q1 |
| Medallion Wealth Advisors, LLC added | 16,964 | $601K | 0.3% | 2026-Q1 |
| NBC SECURITIES, INC. added | 15,401 | $546K | 0.3% | 2026-Q1 |
| Clark Asset Management, LLC | 15,225 | $539K | 0.3% | 2026-Q1 |
| DAVENPORT & Co LLC | 13,889 | $492K | 0.3% | 2026-Q1 |
| Legacy Capital Wealth Partners, LLC trimmed | 11,934 | $423K | 0.2% | 2026-Q1 |
| Onyx Bridge Wealth Group LLC trimmed | 11,729 | $416K | 0.2% | 2026-Q1 |
| GTS SECURITIES LLC trimmed | 10,000 | $354K | 0.2% | 2026-Q1 |
| Empire Financial Management Company, LLC added | 8,319 | $295K | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 7,643 | $271K | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC new | 7,199 | $255K | 0.1% | 2026-Q1 |
| Raleigh Capital Management Inc. trimmed | 6,687 | $237K | 0.1% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 6,372 | $226K | 0.1% | 2026-Q1 |
| Ausdal Financial Partners, Inc. trimmed | 6,283 | $223K | 0.1% | 2026-Q1 |
| Sound Income Strategies, LLC new | 3,837 | $137K | 0.1% | 2026-Q1 |
| Ashton Thomas Private Wealth, LLC trimmed | 3,413 | $121K | 0.1% | 2026-Q1 |
| Signature Equity Partners, LLC trimmed | 1,524 | $54K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 1,145 | $41K | 0.0% | 2026-Q1 |
| Quest 10 Wealth Builders, Inc. trimmed | 1,106 | $39K | 0.0% | 2026-Q1 |
| Global Trust Asset Management, LLC | 723 | $26K | 0.0% | 2026-Q1 |
| Triumph Capital Management | 437 | $15K | 0.0% | 2026-Q1 |
| Lloyd Advisory Services, LLC. trimmed | 421 | $15K | 0.0% | 2026-Q1 |
| Kingdom Financial Group LLC. trimmed | 421 | $15K | 0.0% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed | 174 | $6K | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. new | 127 | $4K | 0.0% | 2026-Q1 |
| VANGUARD ADVISERS INC new | 116 | $4K | 0.0% | 2026-Q1 |
| Networth Advisors, LLC trimmed | 41 | $1K | 0.0% | 2026-Q1 |
| Astor Investment Management LLC trimmed | 307,367 | $10M | 5.5% | 2025-Q2 stale |
| PUFF WEALTH MANAGEMENT, LLC added | 54,231 | $2M | 1.1% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC new | 37,011 | $1M | 0.6% | 2025-Q1 stale |
| GWN SECURITIES INC. new | 31,538 | $923K | 0.5% | 2025-Q1 stale |
| StoneX Group Inc. trimmed | 28,884 | $845K | 0.5% | 2025-Q1 stale |
| Sensible Financial Planning & Management, LLC. new | 26,189 | $844K | 0.5% | 2025-Q2 stale |
| Capital Market Strategies LLC trimmed | 25,259 | $814K | 0.5% | 2025-Q2 stale |
| Pursuit Wealth Management LLC new | 20,636 | $728K | 0.4% | 2025-Q4 stale |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 12,132 | $428K | 0.2% | 2025-Q4 stale |
| Advisory Services Network, LLC | 11,865 | $410K | 0.2% | 2025-Q3 stale |
| AMERIPRISE FINANCIAL INC added | 9,104 | $321K | 0.2% | 2025-Q4 stale |
| Kestra Advisory Services, LLC added | 8,608 | $304K | 0.2% | 2025-Q4 stale |
| Crossmark Global Holdings, Inc. trimmed | 8,043 | $278K | 0.2% | 2025-Q3 stale |
| HRT FINANCIAL LP new | 7,420 | $261K | 0.1% | 2025-Q4 stale |
| Virtu Financial LLC trimmed | 7,032 | $226K | 0.1% | 2025-Q2 stale |
| FOURPATH CAPITAL MANAGEMENT, LLC trimmed | 6,054 | $209K | 0.1% | 2025-Q3 stale |
| JANE STREET GROUP, LLC new | 6,489 | $209K | 0.1% | 2025-Q2 stale |
| Outlook Wealth Advisors, LLC trimmed | 5,888 | $208K | 0.1% | 2025-Q4 stale |
| Sigma Planning Corp new | 5,905 | $204K | 0.1% | 2025-Q3 stale |
| HOWARD BAILEY SECURITIES, LLC trimmed | 5,776 | $204K | 0.1% | 2025-Q4 stale |
| Bluesphere Advisors, LLC trimmed | 6,930 | $203K | 0.1% | 2025-Q1 stale |
| WealthTrak Capital Management LLC new | 2,152 | $69K | 0.0% | 2025-Q2 stale |
| RAYMOND JAMES FINANCIAL INC new | 1,538 | $50K | 0.0% | 2025-Q2 stale |
| JPMORGAN CHASE & CO added | 1,393 | $49K | 0.0% | 2025-Q4 stale |
| COMERICA BANK trimmed | 1,149 | $41K | 0.0% | 2025-Q4 stale |
| BURKETT FINANCIAL SERVICES, LLC new | 1,062 | $31K | 0.0% | 2025-Q1 stale |
| Wellington Grp LLC new | 629 | $22K | 0.0% | 2025-Q4 stale |
| MATHER GROUP, LLC. | 752 | $22K | 0.0% | 2025-Q1 stale |
| BANK OF AMERICA CORP /DE/ new | 628 | $22K | 0.0% | 2025-Q3 stale |
| Clearstead Advisors, LLC new | 523 | $18K | 0.0% | 2025-Q3 stale |
| Nova Wealth Management, Inc. new | 480 | $15K | 0.0% | 2025-Q2 stale |
| UBS Group AG trimmed | 426 | $15K | 0.0% | 2025-Q4 stale |
| ROYAL BANK OF CANADA new | 291 | $9K | 0.0% | 2025-Q1 stale |
| COLDSTREAM CAPITAL MANAGEMENT INC new | 127 | $4K | 0.0% | 2025-Q1 stale |
| BARTLETT & CO. WEALTH MANAGEMENT LLC new | 73 | $2K | 0.0% | 2025-Q1 stale |
| EASTERN BANK new | 46 | $1K | 0.0% | 2025-Q1 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.