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Institutional Ownership · SEC Form 13F

Who owns TCAF


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

Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

344
Institutional holders
127M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on TCAF is one-sided between 2026-Q1 and 2026-Q2: 158 added or opened and 41 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

TCAF’s largest tracked holder by dollar value, PRICE T ROWE ASSOCIATES INC /MD/, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.3pp gap the other way — the median holder sizes TCAF more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in TCAF 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 344 tracked filers holding TCAF, 183 increased or opened the position and 145 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 TCAF 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 17

  • McCarthy Asset Management, Inc.$22M
  • NewEdge Advisors, LLC$11M
  • Planning Strategies Inc.$6M
  • Global Retirement Partners, LLC$4M
  • Harborfront Financial Group LLC$3M
  • QUANTUM FINANCIAL PARTNERS LLC$2M

Full exits 14

  • Cambridge Investment Research Advisors, Inc.$73M
  • Janney Montgomery Scott LLC$19M
  • Capital Analysts, LLC$16M
  • HighTower Advisors, LLC$10M
  • WEDBUSH SECURITIES INC$6M
  • CENTAURUS FINANCIAL, INC.$5M

Largest adds

  • PRICE T ROWE ASSOCIATES INC /MD/$206M
  • LPL Financial LLC$158M
  • RAYMOND JAMES FINANCIAL INC$58M
  • OSAIC HOLDINGS, INC.$41M
  • MORGAN STANLEY$35M
  • COMMONWEALTH EQUITY SERVICES, LLC$29M

Largest trims

  • Modern Wealth Management, LLC$40M
  • Prospera Financial Services Inc$6M
  • Baird Financial Group, Inc.$4M
  • WCG Wealth Advisors LLC$3M
  • National Wealth Management Group, LLC$2M
  • Patriot Financial Group Insurance Agency, LLC$2M

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
PRICE T ROWE ASSOCIATES INC /MD/ added26,042,943$1.1B21.2%2026-Q2
LPL Financial LLC added17,802,322$732M14.5%2026-Q2
RAYMOND JAMES FINANCIAL INC added6,263,657$257M5.1%2026-Q2
COMMONWEALTH EQUITY SERVICES, LLC added5,291,530$217M4.3%2026-Q2
MORGAN STANLEY added4,374,634$180M3.6%2026-Q2
OSAIC HOLDINGS, INC. added3,912,954$161M3.2%2026-Q2
WELLS FARGO & COMPANY/MN trimmed3,317,184$136M2.7%2026-Q2
ROYAL BANK OF CANADA added2,632,176$108M2.1%2026-Q2
Baird Financial Group, Inc. trimmed2,299,196$94M1.9%2026-Q2
VOYA INVESTMENT MANAGEMENT LLC trimmed2,212,197$91M1.8%2026-Q2
JONES FINANCIAL COMPANIES LLLP added2,148,749$87M1.7%2026-Q2
BANK OF AMERICA CORP /DE/ added2,029,086$83M1.6%2026-Q2
CPC Advisors, LLC trimmed1,815,841$75M1.5%2026-Q2
STIFEL FINANCIAL CORP added1,759,021$72M1.4%2026-Q2
Bank of New York Mellon Corp added1,687,627$69M1.4%2026-Q2
Cetera Investment Advisers added1,623,535$67M1.3%2026-Q2
Mesirow Financial Investment Management, Inc. added1,577,702$65M1.3%2026-Q2
Creative Planning trimmed1,571,427$65M1.3%2026-Q2
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed1,233,665$52M1.0%2026-Q2
GREAT VALLEY ADVISOR GROUP, INC. added1,253,110$52M1.0%2026-Q2
AMERIPRISE FINANCIAL INC trimmed865,145$47M0.9%2026-Q2
LEVEL FOUR ADVISORY SERVICES, LLC trimmed1,114,596$46M0.9%2026-Q2
KINTRA WEALTH, LLC trimmed1,065,990$46M0.9%2026-Q2
UBS Group AG trimmed950,353$39M0.8%2026-Q2
Private Advisor Group, LLC trimmed877,274$36M0.7%2026-Q2
PYA Waltman Capital, LLC added870,538$36M0.7%2026-Q2
Souders Financial Advisors added810,097$33M0.7%2026-Q2
CORA CAPITAL ADVISORS LLC added803,919$33M0.7%2026-Q2
EASTERN BANK added687,377$28M0.6%2026-Q2
ADE, LLC added629,052$26M0.5%2026-Q2
OneDigital Investment Advisors LLC trimmed583,194$24M0.5%2026-Q2
Rockefeller Capital Management L.P. trimmed565,892$23M0.5%2026-Q2
JPMORGAN CHASE & CO added558,819$23M0.5%2026-Q2
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed544,433$22M0.4%2026-Q2
McCarthy Asset Management, Inc. trimmed537,516$22M0.4%2026-Q2
D.A. DAVIDSON & CO. trimmed471,096$19M0.4%2026-Q2
Cornerstone Advisory, LLC trimmed467,660$19M0.4%2026-Q2
FINANCIAL CONSULATE, INC added456,246$19M0.4%2026-Q2
Aprio Wealth Management, LLC trimmed451,652$19M0.4%2026-Q2
ARS Wealth Advisors Group, LLC added448,691$18M0.4%2026-Q2
Kestra Advisory Services, LLC added425,905$18M0.3%2026-Q2
Ausdal Financial Partners, Inc. trimmed420,410$17M0.3%2026-Q2
ENVESTNET ASSET MANAGEMENT INC added406,410$17M0.3%2026-Q2
Composition Wealth, LLC trimmed395,751$16M0.3%2026-Q2
Arcus Capital Partners, LLC trimmed387,651$16M0.3%2026-Q2
Harfst & Associates, Inc. added373,428$15M0.3%2026-Q2
DKM Wealth Management, Inc. trimmed369,501$15M0.3%2026-Q2
Principle Wealth Partners LLC trimmed345,953$14M0.3%2026-Q2
Allworth Financial LP added331,356$14M0.3%2026-Q2
MML INVESTORS SERVICES, LLC added309,648$13M0.3%2026-Q2
Forge Financial Services LLC trimmed306,884$13M0.2%2026-Q2
Onyx Bridge Wealth Group LLC trimmed291,464$12M0.2%2026-Q2
MTM Investment Management, LLC added290,407$12M0.2%2026-Q2
&PARTNERS added289,127$12M0.2%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP added288,090$12M0.2%2026-Q2
Advocate Investing Services LLC trimmed282,278$12M0.2%2026-Q2
NewEdge Advisors, LLC added276,967$11M0.2%2026-Q2
NATIONS FINANCIAL GROUP INC, /IA/ /ADV added265,218$11M0.2%2026-Q2
Beacon Financial Advisory LLC added263,057$11M0.2%2026-Q2
NCM Capital Management, LLC added262,743$11M0.2%2026-Q2
Focus Financial Network, Inc. added260,779$11M0.2%2026-Q2
CERTIOR FINANCIAL GROUP, LLC added255,998$11M0.2%2026-Q2
Keystone Financial Group trimmed254,143$10M0.2%2026-Q2
National Wealth Management Group, LLC trimmed250,394$10M0.2%2026-Q2
ECLECTIC ASSOCIATES INC /ADV added241,682$10M0.2%2026-Q2
Ledyard National Bank trimmed240,897$10M0.2%2026-Q2
WEALTH ALLIANCE, LLC added240,168$10M0.2%2026-Q2
IFG Advisory, LLC added236,272$10M0.2%2026-Q2
Integrated Wealth Concepts LLC added230,144$9M0.2%2026-Q2
Essex Financial Services, Inc. added229,787$9M0.2%2026-Q2
Carson Advisory Inc. added227,419$9M0.2%2026-Q2
World Investment Advisors trimmed260,209$9M0.2%2026-Q2
Garden State Investment Advisory Services LLC trimmed224,052$9M0.2%2026-Q2
Waverly Advisors, LLC trimmed223,617$9M0.2%2026-Q2
CAPTRUST FINANCIAL ADVISORS trimmed221,657$9M0.2%2026-Q2
Asset One Wealth Management LLC trimmed215,446$9M0.2%2026-Q2
EXCHANGE TRADED CONCEPTS, LLC added218,817$9M0.2%2026-Q2
V2 Financial group LLC added215,949$9M0.2%2026-Q2
Financial Security Advisor, Inc. added207,371$9M0.2%2026-Q2
4J Wealth Management LLC trimmed205,529$8M0.2%2026-Q2
IFP Advisors, Inc added202,679$8M0.2%2026-Q2
Prospera Financial Services Inc trimmed198,084$8M0.2%2026-Q2
Chemistry Wealth Management LLC added194,248$8M0.2%2026-Q2
Harbor Group, Inc. added182,380$7M0.1%2026-Q2
Lighthouse Financial LLC added177,289$7M0.1%2026-Q2
Founders Financial Alliance, LLC added174,970$7M0.1%2026-Q2
Stratos Wealth Advisors, LLC added173,819$7M0.1%2026-Q2
Stratos Wealth Partners, LTD. added172,344$7M0.1%2026-Q2
AE Wealth Management LLC added171,089$7M0.1%2026-Q2
DAVENPORT & Co LLC added169,305$7M0.1%2026-Q2
Cambridge Investment Research Advisors, Inc. added2,048,446$73M1.4%2026-Q1 stale
TTP Investments, Inc. trimmed824,289$32M0.6%2025-Q4 stale
Beaumont Financial Advisors, LLC trimmed525,983$20M0.4%2025-Q4 stale
Janney Montgomery Scott LLC trimmed521,603$19M0.4%2026-Q1 stale
Capital Analysts, LLC added455,037$16M0.3%2026-Q1 stale
MENORA MIVTACHIM HOLDINGS LTD. added390,873$15M0.3%2025-Q4 stale
Atria Wealth Solutions, Inc. added379,262$13M0.3%2025-Q2 stale
HighTower Advisors, LLC added291,582$10M0.2%2026-Q1 stale
Grant/GrossMendelsohn, LLC trimmed248,089$8M0.2%2025-Q1 stale
CAROLINAS WEALTH CONSULTING LLC added441,362$7M0.1%2025-Q1 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