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Institutional Ownership · SEC Form 13F

Who owns TBLL (TBLL)


Which tracked institutional funds hold TBLL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TBLL company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

137
Institutional holders
20,904,809
Shares held (tracked funds)

How the tape is positioned

40 tracked funds added or opened TBLL while 41 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

TBLL’s largest tracked holder by dollar value, Invesco Ltd., sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in TBLL 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 137 tracked filers holding TBLL, 74 increased or opened the position and 75 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 TBLL 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 15

  • RiverFront Investment Group, LLC$181M
  • MERCER GLOBAL ADVISORS INC /ADV$116M
  • Janney Montgomery Scott LLC$15M
  • Blueprint Investment Partners LLC$8M
  • Spartan Planning & Wealth Management$7M
  • FLOW TRADERS U.S. LLC$7M

Full exits 10

  • GTS SECURITIES LLC$10M
  • IFG Advisory, LLC$8M
  • Ameritas Advisory Services, LLC$3M
  • Bank of New York Mellon Corp$2M
  • FOUNDATIONS INVESTMENT ADVISORS, LLC$1M
  • TWO SIGMA SECURITIES, LLC$943K

Largest adds

  • Invesco Ltd.$195M
  • ENVESTNET ASSET MANAGEMENT INC$137M
  • RAYMOND JAMES FINANCIAL INC$44M
  • CPR Investments Inc.$23M
  • ROYAL BANK OF CANADA$22M
  • LPL Financial LLC$6M

Largest trims

  • AWM CAPITAL, LLC$25M
  • MORGAN STANLEY$7M
  • BANK OF AMERICA CORP /DE/$6M
  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$6M
  • Composition Wealth, LLC$5M
  • NewEdge Advisors, LLC$4M

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).

FundSharesReported value% of valueQuarter
Invesco Ltd. added5,795,599$612M26.6%2026-Q1
RiverFront Investment Group, LLC new1,711,671$181M7.9%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added1,474,396$156M6.8%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added1,256,438$133M5.8%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV new1,098,902$116M5.0%2026-Q1
OSAIC HOLDINGS, INC. added856,585$90M3.9%2026-Q1
LPL Financial LLC added771,084$81M3.5%2026-Q1
MORGAN STANLEY trimmed717,359$76M3.3%2026-Q1
AWM CAPITAL, LLC trimmed602,486$64M2.8%2026-Q1
UBS Group AG trimmed510,175$54M2.3%2026-Q1
WELLS FARGO & COMPANY/MN trimmed465,759$49M2.1%2026-Q1
RAYMOND JAMES FINANCIAL INC added422,495$45M1.9%2026-Q1
CPR Investments Inc. added376,870$40M1.7%2026-Q1
Composition Wealth, LLC trimmed326,254$34M1.5%2026-Q1
Brookstone Capital Management added302,464$32M1.4%2026-Q1
Private Advisor Group, LLC trimmed290,968$31M1.3%2026-Q1
CASTLE WEALTH MANAGEMENT LLC trimmed244,986$26M1.1%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed233,149$25M1.1%2026-Q1
DOCK STREET ASSET MANAGEMENT INC trimmed219,653$23M1.0%2026-Q1
ROYAL BANK OF CANADA added218,591$23M1.0%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed175,578$19M0.8%2026-Q1
First Command Advisory Services, Inc. added149,660$16M0.7%2026-Q1
Janney Montgomery Scott LLC new142,517$15M0.7%2026-Q1
Convergence Financial, LLC added139,210$15M0.6%2026-Q1
AMERIPRISE FINANCIAL INC added131,346$14M0.6%2026-Q1
HighTower Advisors, LLC trimmed115,905$12M0.5%2026-Q1
Clear Retirement Advice LLC added112,551$12M0.5%2026-Q1
Wealthcare Advisory Partners LLC added107,997$11M0.5%2026-Q1
Cetera Investment Advisers added99,732$11M0.5%2026-Q1
BRASADA CAPITAL MANAGEMENT, LP added86,172$9M0.4%2026-Q1
MML INVESTORS SERVICES, LLC added84,845$9M0.4%2026-Q1
POWER WEALTH MANAGEMENT LLC added83,337$9M0.4%2026-Q1
FIRST HORIZON CORP trimmed82,706$9M0.4%2026-Q1
Blueprint Investment Partners LLC added75,706$8M0.3%2026-Q1
MATAURO, LLC trimmed75,345$8M0.3%2026-Q1
Mariner, LLC trimmed72,153$8M0.3%2026-Q1
Spartan Planning & Wealth Management new69,961$7M0.3%2026-Q1
One Day In July LLC added68,249$7M0.3%2026-Q1
TRUIST FINANCIAL CORP added65,846$7M0.3%2026-Q1
FLOW TRADERS U.S. LLC added65,205$7M0.3%2026-Q1
Old Port Advisors added60,586$6M0.3%2026-Q1
Private Advisory Group LLC new57,775$6M0.3%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed52,083$6M0.2%2026-Q1
JPMORGAN CHASE & CO added47,582$5M0.2%2026-Q1
D.A. DAVIDSON & CO. trimmed45,992$5M0.2%2026-Q1
Gotham Asset Management, LLC added41,607$4M0.2%2026-Q1
KINTRA WEALTH, LLC added37,929$4M0.2%2026-Q1
EdgeRock Capital LLC added32,993$3M0.2%2026-Q1
STIFEL FINANCIAL CORP added32,842$3M0.2%2026-Q1
UMB Bank, n.a. trimmed26,552$3M0.1%2026-Q1
Focus Partners Wealth trimmed22,864$2M0.1%2026-Q1
Bulwark Capital Corp added21,364$2M0.1%2026-Q1
CARY STREET PARTNERS FINANCIAL LLC trimmed21,165$2M0.1%2026-Q1
Barton Investment Management new20,430$2M0.1%2026-Q1
Stratos Wealth Partners, LTD. trimmed17,176$2M0.1%2026-Q1
Concurrent Investment Advisors, LLC new16,772$2M0.1%2026-Q1
UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed16,236$2M0.1%2026-Q1
Core Wealth Partners LLC trimmed15,170$2M0.1%2026-Q1
Clearwater Capital Advisors, LLC trimmed14,681$2M0.1%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed14,320$2M0.1%2026-Q1
Pinnacle Financial Partners, Inc. added12,832$1M0.1%2026-Q1
Vertex Planning Partners, LLC new37,458$1M0.1%2026-Q1
GUIDANCE CAPITAL, INC trimmed12,436$1M0.1%2026-Q1
RWWM, Inc. trimmed11,926$1M0.1%2026-Q1
SILVER OAK SECURITIES, INCORPORATED trimmed11,547$1M0.1%2026-Q1
Fiduciary Trust Co11,227$1M0.1%2026-Q1
Sovereign Financial Group, Inc. added11,106$1M0.1%2026-Q1
Astra Wealth Partners LLC trimmed10,996$1M0.1%2026-Q1
May Barnhard Investments LLC trimmed10,940$1M0.1%2026-Q1
NORTHBRIDGE FINANCIAL GROUP, LLC trimmed10,684$1M0.0%2026-Q1
Mutual Advisors, LLC added10,659$1M0.0%2026-Q1
Strategic Financial Concepts, LLC added9,887$1M0.0%2026-Q1
JANE STREET GROUP, LLC trimmed9,677$1M0.0%2026-Q1
WRAPMANAGER INC added9,631$1M0.0%2026-Q1
Belpointe Asset Management LLC added9,485$1M0.0%2026-Q1
Integrated Wealth Concepts LLC trimmed9,082$959K0.0%2026-Q1
Cerity Partners LLC added8,155$861K0.0%2026-Q1
HARBOUR INVESTMENTS, INC. added8,131$858K0.0%2026-Q1
Steward Partners Investment Advisory, LLC trimmed7,702$813K0.0%2026-Q1
Orin Green Financial, LLC trimmed7,580$800K0.0%2026-Q1
FIFTH THIRD BANCORP new7,147$754K0.0%2026-Q1
Independent Advisor Alliance added7,004$739K0.0%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added404,200$43M1.9%2025-Q1 stale
Pinnacle Financial Partners Inc trimmed149,109$16M0.7%2025-Q3 stale
GOLDMAN SACHS GROUP INC added135,753$14M0.6%2025-Q2 stale
GTS SECURITIES LLC added97,400$10M0.4%2025-Q4 stale
IFG Advisory, LLC trimmed73,355$8M0.3%2025-Q4 stale
Ameritas Advisory Services, LLC added28,147$3M0.1%2025-Q4 stale
Sentinus, LLC added27,180$3M0.1%2025-Q2 stale
Bank of New York Mellon Corp trimmed21,041$2M0.1%2025-Q4 stale
Valeo Financial Advisors, LLC added15,967$2M0.1%2025-Q3 stale
FOUNDATIONS INVESTMENT ADVISORS, LLC added14,107$1M0.1%2025-Q4 stale
Scientech Research LLC new10,910$1M0.1%2025-Q2 stale
Kovitz Investment Group Partners, LLC trimmed10,829$1M0.0%2025-Q3 stale
Atria Wealth Solutions, Inc. trimmed9,315$984K0.0%2025-Q2 stale
TWO SIGMA SECURITIES, LLC added8,927$943K0.0%2025-Q4 stale
CITADEL ADVISORS LLC added8,763$926K0.0%2025-Q4 stale
SYNOVUS FINANCIAL CORP trimmed8,554$904K0.0%2025-Q3 stale
Financial Advocates Investment Management added8,530$900K0.0%2025-Q2 stale
RFP Financial Group LLC trimmed7,175$758K0.0%2025-Q3 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.

HoldersTotal shares

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.

Learn how to read institutional ownership