Who owns TrueBlue (TBI)
Which tracked institutional funds hold TBI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TBI company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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 TBI is one-sided between 2026-Q1 and 2026-Q2: 36 added or opened and 1 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
TBI’s largest tracked holder by dollar value, PZENA INVESTMENT MANAGEMENT LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TBI 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 110 tracked filers holding TBI, 57 increased or opened the position and 55 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
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 TBI 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
- IES Holdings, Inc.$9M
- Manatuck Hill Partners, LLC$1M
- ALGERT GLOBAL LLC$581K
- Marquette Asset Management, LLC$572K
- TUDOR INVESTMENT CORP ET AL$554K
Full exits 1
- Prosight Management, LP$974K
Largest adds
- ROYCE & ASSOCIATES LP$11M
- PZENA INVESTMENT MANAGEMENT LLC$10M
- BlackRock, Inc.$7M
- Boston Partners$5M
- VANGUARD CAPITAL MANAGEMENT LLC$4M
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC$3M
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 |
|---|---|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC added | 3,090,808 | $22M | 12.1% | 2026-Q2 |
| ROYCE & ASSOCIATES LP added | 2,792,612 | $19M | 10.9% | 2026-Q2 |
| Boston Partners trimmed | 2,478,866 | $17M | 9.7% | 2026-Q2 |
| BlackRock, Inc. added | 2,230,995 | $16M | 8.7% | 2026-Q2 |
| IES Holdings, Inc. new | 1,285,839 | $9M | 5.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 1,255,732 | $9M | 4.9% | 2026-Q2 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 1,200,335 | $8M | 4.7% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,195,620 | $8M | 4.7% | 2026-Q2 |
| Azarias Capital Management, L.P. trimmed | 759,341 | $5M | 3.0% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 753,807 | $5M | 2.9% | 2026-Q2 |
| STATE STREET CORP trimmed | 657,470 | $5M | 2.6% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 656,733 | $5M | 2.6% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 607,645 | $4M | 2.4% | 2026-Q2 |
| Peapod Lane Capital LLC trimmed | 601,005 | $4M | 2.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 558,963 | $4M | 2.2% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 359,047 | $3M | 1.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 319,212 | $2M | 1.2% | 2026-Q2 |
| Invenomic Capital Management LP trimmed | 318,771 | $2M | 1.2% | 2026-Q2 |
| RBF Capital, LLC trimmed | 304,488 | $2M | 1.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 301,996 | $2M | 1.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 270,514 | $2M | 1.1% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 239,116 | $2M | 0.9% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 232,882 | $2M | 0.9% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 232,289 | $2M | 0.9% | 2026-Q2 |
| Militia Capital Management LLC added | 201,617 | $1M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 199,223 | $1M | 0.8% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 191,852 | $1M | 0.7% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 172,500 | $1M | 0.7% | 2026-Q2 |
| Nuveen, LLC added | 172,386 | $1M | 0.7% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 172,100 | $1M | 0.7% | 2026-Q2 |
| Manatuck Hill Partners, LLC added | 160,000 | $1M | 0.6% | 2026-Q2 |
| MORGAN STANLEY added | 132,946 | $927K | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 113,905 | $794K | 0.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 107,860 | $752K | 0.4% | 2026-Q2 |
| Bank of New York Mellon Corp added | 92,189 | $643K | 0.4% | 2026-Q2 |
| ALGERT GLOBAL LLC added | 83,364 | $581K | 0.3% | 2026-Q2 |
| Marquette Asset Management, LLC new | 82,019 | $572K | 0.3% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL new | 79,430 | $554K | 0.3% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 71,997 | $502K | 0.3% | 2026-Q2 |
| STRS OHIO added | 71,800 | $500K | 0.3% | 2026-Q2 |
| XTX Topco Ltd added | 70,604 | $492K | 0.3% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 53,898 | $376K | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 53,227 | $371K | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 46,135 | $180K | 0.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 45,904 | $320K | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 43,883 | $306K | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 37,948 | $264K | 0.1% | 2026-Q2 |
| AE Wealth Management LLC added | 37,935 | $264K | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 32,832 | $229K | 0.1% | 2026-Q2 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC new | 32,239 | $225K | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 28,016 | $195K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 24,146 | $168K | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP trimmed | 24,106 | $168K | 0.1% | 2026-Q2 |
| Trek Financial, LLC | 21,423 | $149K | 0.1% | 2026-Q2 |
| Assenagon Asset Management S.A. | 20,922 | $146K | 0.1% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC new | 18,543 | $129K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 16,441 | $115K | 0.1% | 2026-Q2 |
| Vident Advisory, LLC | 16,053 | $112K | 0.1% | 2026-Q2 |
| HSBC HOLDINGS PLC | 14,827 | $105K | 0.1% | 2026-Q2 |
| Cerity Partners LLC new | 13,565 | $95K | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 13,532 | $94K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 13,210 | $92K | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC | 12,750 | $89K | 0.0% | 2026-Q2 |
| GLENMEDE TRUST CO NA trimmed | 12,525 | $87K | 0.0% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 11,902 | $97K | 0.1% | 2026-Q2 |
| IEQ CAPITAL, LLC new | 11,260 | $78K | 0.0% | 2026-Q2 |
| Catalyst Funds Management Pty Ltd trimmed | 11,117 | $77K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 10,860 | $76K | 0.0% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 9,877 | $69K | 0.0% | 2026-Q2 |
| Investors Research Corp trimmed | 9,350 | $65K | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC | 9,151 | $64K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND | 8,956 | $62K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 8,006 | $56K | 0.0% | 2026-Q2 |
| FMR LLC added | 7,973 | $56K | 0.0% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 6,667 | $46K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 5,915 | $41K | 0.0% | 2026-Q2 |
| Ameritas Investment Partners, Inc. | 3,148 | $22K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 2,961 | $21K | 0.0% | 2026-Q2 |
| Kemnay Advisory Services Inc. new | 2,760 | $19K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 2,669 | $19K | 0.0% | 2026-Q2 |
| Legal & General Group Plc | 2,632 | $18K | 0.0% | 2026-Q2 |
| Arax Advisory Partners added | 2,107 | $15K | 0.0% | 2026-Q2 |
| Smartleaf Asset Management LLC | 1,640 | $11K | 0.0% | 2026-Q2 |
| Pinnacle Wealth Planning Services, Inc. | 1,515 | $11K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 867 | $6K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc added | 744 | $5K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 650 | $5K | 0.0% | 2026-Q2 |
| Sterling Capital Management LLC trimmed | 536 | $4K | 0.0% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 395 | $3K | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 370 | $3K | 0.0% | 2026-Q2 |
| Allworth Financial LP added | 370 | $3K | 0.0% | 2026-Q2 |
| Essential Partners LLC added | 341 | $2K | 0.0% | 2026-Q2 |
| Private Wealth Management Group, LLC | 308 | $2K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. | 180 | $1K | 0.0% | 2026-Q2 |
| Versant Capital Management, Inc trimmed | 178 | $1K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 156 | $1K | 0.0% | 2026-Q2 |
| Advisors Asset Management, Inc. trimmed | 154 | $1K | 0.0% | 2026-Q2 |
| Fortitude Family Office, LLC new | 78 | $544 | 0.0% | 2026-Q2 |
| GAMMA Investing LLC trimmed | 72 | $502 | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 72 | $502 | 0.0% | 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.