Who owns TBG
Which tracked institutional funds hold TBG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TBG company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 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
The tracked-fund tape on TBG is one-sided between 2026-Q1 and 2026-Q2: 8 added or opened and 2 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
TBG’s largest tracked holder by dollar value, HighTower Advisors, LLC, sizes it at 8.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 8.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TBG 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 24 tracked filers holding TBG, 19 increased or opened the position and 8 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 TBG 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
- HighTower Advisors, LLC$78M
- Cambridge Investment Research Advisors, Inc.$5M
Largest adds
- Abundance Wealth Counselors$25M
- EverSource Wealth Advisors, LLC$4M
- Stokes Capital Advisors, LLC$576K
- Forefront Wealth Partners, LLC$490K
- Boyer Financial Services, Inc.$466K
- Geneos Wealth Management Inc.$403K
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 |
|---|---|---|---|---|
| Abundance Wealth Counselors added | 1,567,748 | $57M | 33.4% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 125,648 | $5M | 2.7% | 2026-Q2 |
| Stokes Capital Advisors, LLC added | 79,995 | $3M | 1.7% | 2026-Q2 |
| Boyer Financial Services, Inc. added | 71,135 | $3M | 1.6% | 2026-Q2 |
| Insight Wealth Partners, LLC added | 65,119 | $2M | 1.4% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 57,255 | $2M | 1.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 43,216 | $2M | 0.9% | 2026-Q2 |
| Forefront Wealth Partners, LLC added | 28,297 | $1M | 0.6% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 26,534 | $967K | 0.6% | 2026-Q2 |
| Charis Legacy Partners, LLC added | 13,518 | $493K | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 8,315 | $303K | 0.2% | 2026-Q2 |
| Cetera Investment Advisers added | 7,892 | $288K | 0.2% | 2026-Q2 |
| GTS SECURITIES LLC trimmed | 7,437 | $271K | 0.2% | 2026-Q2 |
| Traynor Capital Management, Inc. | 7,130 | $260K | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 6,637 | $242K | 0.1% | 2026-Q2 |
| Keel Point, LLC added | 6,625 | $242K | 0.1% | 2026-Q2 |
| Inspire Advisors, LLC added | 5,888 | $215K | 0.1% | 2026-Q2 |
| Institute for Wealth Management, LLC. new | 1,361 | $50K | 0.0% | 2026-Q2 |
| Bare Financial Services, Inc new | 1,250 | $46K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 800 | $29K | 0.0% | 2026-Q2 |
| Hilltop National Bank | 396 | $14K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO new | 391 | $14K | 0.0% | 2026-Q2 |
| MORGAN STANLEY | 103 | $4K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 34 | $1K | 0.0% | 2026-Q2 |
| HighTower Advisors, LLC added | 2,250,319 | $78M | 45.9% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 131,702 | $5M | 2.7% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC trimmed | 8,122 | $283K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC added | 7,841 | $273K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC trimmed | 5,924 | $207K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Team Financial Group, LLC new | 3,425 | $119K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Capital Advisors, Ltd. LLC added | 1,294 | $45K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| WELLS FARGO & COMPANY/MN trimmed | 750 | $25K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| ROYAL BANK OF CANADA new | 740 | $25K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Capital Investment Advisory Services, LLC added | 306 | $10K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| UBS Group AG added | 286 | $10K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| OneAscent Wealth Management LLC new | 109,287 | $4M | 2.1% | 2025-Q3 stale (3 quarters behind) |
| OneAscent Financial Services LLC new | 88,299 | $3M | 1.7% | 2025-Q3 stale (3 quarters behind) |
| Atria Investments, Inc new | 43,594 | $1M | 0.8% | 2025-Q3 stale (3 quarters behind) |
| OneAscent Family Office, LLC new | 11,347 | $375K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Vivaldi Capital Management LP | 7,935 | $262K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Plan A Wealth LLC new | 7,339 | $243K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| SIGNATUREFD, LLC | 3,075 | $102K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| OSAIC HOLDINGS, INC. added | 1,702 | $56K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Wealthspire Advisors, LLC new | 160 | $5K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| RAYMOND JAMES FINANCIAL INC trimmed | 2,682 | $86K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Ameritas Advisory Services, LLC new | 453 | $15K | 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.