Who owns RZV
Which tracked institutional funds hold RZV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RZV 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
The tracked-fund tape on RZV is one-sided between 2026-Q1 and 2026-Q2: 18 added or opened and 5 trimmed or exited — on balance accumulating.
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
RZV’s largest tracked holder by dollar value, Systematic Alpha Investments, LLC, sizes it at 1.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RZV 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 64 tracked filers holding RZV, 29 increased or opened the position and 35 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 RZV 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 2
- MML INVESTORS SERVICES, LLC$2M
- TWO SIGMA INVESTMENTS, LP$1M
Full exits 2
- Lester Murray Antman dba SimplyRich$1M
- Ayalon Insurance Comp Ltd.$874K
Largest adds
- Systematic Alpha Investments, LLC$8M
- Wealthcare Advisory Partners LLC$1M
- Armbruster Capital Management, Inc.$1M
- THEORY FINANCIAL LLC$1M
- LPL Financial LLC$945K
- RAYMOND JAMES FINANCIAL INC$945K
Largest trims
- CITADEL ADVISORS LLC$394K
- Stratos Wealth Partners, LTD.$332K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$326K
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 |
|---|---|---|---|---|
| Systematic Alpha Investments, LLC | 306,488 | $46M | 29.3% | 2026-Q2 |
| LPL Financial LLC trimmed | 77,582 | $12M | 7.4% | 2026-Q2 |
| Armbruster Capital Management, Inc. trimmed | 63,762 | $10M | 6.1% | 2026-Q2 |
| Wealthcare Advisory Partners LLC added | 52,341 | $8M | 5.0% | 2026-Q2 |
| THEORY FINANCIAL LLC added | 39,779 | $6M | 3.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 37,792 | $6M | 3.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 32,045 | $5M | 3.1% | 2026-Q2 |
| MORGAN STANLEY added | 22,233 | $3M | 2.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 20,642 | $3M | 2.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 17,955 | $3M | 1.7% | 2026-Q2 |
| Smallwood Wealth Investment Management, LLC added | 16,764 | $2M | 1.6% | 2026-Q2 |
| Innova Wealth Partners added | 14,365 | $2M | 1.4% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 13,575 | $2M | 1.3% | 2026-Q2 |
| UBS Group AG trimmed | 11,595 | $2M | 1.1% | 2026-Q2 |
| NTV Asset Management LLC trimmed | 11,450 | $2M | 1.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 10,518 | $2M | 1.0% | 2026-Q2 |
| Cetera Investment Advisers added | 9,955 | $1M | 1.0% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 9,394 | $1M | 0.9% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 9,114 | $1M | 0.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 8,937 | $1M | 0.9% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 8,500 | $1M | 0.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 7,863 | $1M | 0.8% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 7,191 | $1M | 0.7% | 2026-Q2 |
| Discipline Wealth Solutions, LLC trimmed | 6,976 | $1M | 0.7% | 2026-Q2 |
| Fifth Third Securities, Inc. trimmed | 5,916 | $882K | 0.6% | 2026-Q2 |
| American Institute for Advanced Investment Management, LLP trimmed | 5,820 | $868K | 0.6% | 2026-Q2 |
| Baird Financial Group, Inc. | 5,465 | $815K | 0.5% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 5,263 | $785K | 0.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 5,105 | $761K | 0.5% | 2026-Q2 |
| Stratos Wealth Partners, LTD. trimmed | 4,805 | $716K | 0.5% | 2026-Q2 |
| Creative Planning added | 4,704 | $701K | 0.5% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 4,013 | $598K | 0.4% | 2026-Q2 |
| Twelve Points Wealth Management LLC trimmed | 3,757 | $560K | 0.4% | 2026-Q2 |
| IFP Advisors, Inc | 3,523 | $525K | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 3,401 | $507K | 0.3% | 2026-Q2 |
| LOM Asset Management Ltd added | 2,800 | $417K | 0.3% | 2026-Q2 |
| Private Advisory Group LLC | 2,709 | $404K | 0.3% | 2026-Q2 |
| Worth Asset Management, LLC added | 2,382 | $355K | 0.2% | 2026-Q2 |
| Focus Financial Network, Inc. trimmed | 2,039 | $304K | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,824 | $272K | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 1,800 | $268K | 0.2% | 2026-Q2 |
| Buck Wealth Strategies, LLC new | 1,780 | $265K | 0.2% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 1,502 | $224K | 0.1% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 1,410 | $210K | 0.1% | 2026-Q2 |
| Purus Wealth Management, LLC new | 1,394 | $208K | 0.1% | 2026-Q2 |
| Allworth Financial LP | 1,200 | $179K | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1,094 | $163K | 0.1% | 2026-Q2 |
| IFG Advisory, LLC new | 1,015 | $151K | 0.1% | 2026-Q2 |
| FMR LLC added | 984 | $147K | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC | 282 | $42K | 0.0% | 2026-Q2 |
| Keating Financial Advisory Services, Inc. | 277 | $41K | 0.0% | 2026-Q2 |
| Concord Wealth Partners | 276 | $41K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 274 | $41K | 0.0% | 2026-Q2 |
| VALLEY NATIONAL ADVISERS INC | 222 | $33K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. | 200 | $30K | 0.0% | 2026-Q2 |
| Greykasell Wealth Strategies, Inc. | 200 | $30K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. | 200 | $30K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 168 | $25K | 0.0% | 2026-Q2 |
| TRUST CO OF TOLEDO NA /OH/ trimmed | 160 | $24K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC added | 50 | $7K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 49 | $7K | 0.0% | 2026-Q2 |
| MATHER GROUP, LLC. trimmed | 15 | $2K | 0.0% | 2026-Q2 |
| Sankala Group LLC added | 6 | $928 | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC | 0 | $74 | 0.0% | 2026-Q2 |
| Lester Murray Antman dba SimplyRich trimmed | 8,363 | $1M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| Ayalon Insurance Comp Ltd. | 7,023 | $874K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. | 2,847 | $354K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| GOLDMAN SACHS GROUP INC trimmed | 2,637 | $328K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Janney Montgomery Scott LLC | 2,463 | $306K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Independent Advisor Alliance trimmed | 2,278 | $283K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC trimmed | 1,939 | $241K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC added | 1,782 | $222K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| CARDIFF PARK ADVISORS, LLC | 650 | $81K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Jackson Hole Capital Partners, LLC | 458 | $57K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| AE Wealth Management LLC added | 138 | $17K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| OGOREK ANTHONY JOSEPH /NY/ /ADV | 0 | — | 0.0% | 2026-Q1 stale (1 quarter behind) |
| IMC-Chicago, LLC added | 43,326 | $5M | 3.3% | 2025-Q4 stale (2 quarters behind) |
| Fortis Group Advisors, LLC new | 9,067 | $1M | 0.7% | 2025-Q4 stale (2 quarters behind) |
| Kestra Advisory Services, LLC new | 281 | $33K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| AllSquare Wealth Management LLC trimmed | 69,049 | $8M | 5.2% | 2025-Q3 stale (3 quarters behind) |
| IHT Wealth Management, LLC trimmed | 12,035 | $1M | 0.9% | 2025-Q3 stale (3 quarters behind) |
| GTS SECURITIES LLC new | 10,698 | $1M | 0.8% | 2025-Q3 stale (3 quarters behind) |
| Choate Investment Advisors | 2,750 | $325K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| SIMPLEX TRADING, LLC new | 328 | $38K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| PRINCIPAL SECURITIES, INC. | 275 | $32K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Ameritas Advisory Services, LLC | 100 | $12K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Focus Partners Advisor Solutions, LLC trimmed | 9,015 | $945K | 0.6% | 2025-Q2 stale (4 quarters behind) |
| Bristlecone Advisors, LLC | 100 | $10K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CBIZ Investment Advisory Services, LLC | 67 | $7K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Transce3nd, LLC added | 11 | $1K | 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.