Who owns Trulieve Cannabis (TCNNF)
Which tracked institutional funds hold TCNNF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TCNNF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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 TCNNF is one-sided between 2026-Q1 and 2026-Q2: 29 added or opened and 0 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
TCNNF’s largest tracked holder by dollar value, AdvisorShares Investments LLC, sizes it at 12.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 12.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TCNNF 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 120 tracked filers holding TCNNF, 115 increased or opened the position and 3 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 TCNNF 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 28
- AdvisorShares Investments LLC$105M
- NOMURA HOLDINGS INC$50M
- CANTOR FITZGERALD, L. P.$37M
- Marex Group Ltd$32M
- ING GROEP NV$26M
- JANE STREET GROUP, LLC$12M
Largest adds
- NANO CAP NEW MILLENNIUM GROWTH FUND L P$368K
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 |
|---|---|---|---|---|
| AdvisorShares Investments LLC new | 10,641,152 | $105M | 32.5% | 2026-Q2 |
| NOMURA HOLDINGS INC new | 5,065,849 | $50M | 15.5% | 2026-Q2 |
| CANTOR FITZGERALD, L. P. new | 3,750,000 | $37M | 11.4% | 2026-Q2 |
| Marex Group Ltd new | 3,250,000 | $32M | 9.9% | 2026-Q2 |
| ING GROEP NV new | 2,665,000 | $26M | 8.1% | 2026-Q2 |
| OAKMONT Corp new | 1,506,511 | $1M | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC new | 1,212,526 | $12M | 3.7% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT new | 838,088 | $8M | 2.6% | 2026-Q2 |
| Anson Funds Management LP new | 524,500 | $6M | 1.7% | 2026-Q2 |
| Verition Fund Management LLC new | 500,000 | $5M | 1.5% | 2026-Q2 |
| MONTANOVA CAPITAL, LLC new | 356,100 | $4M | 1.1% | 2026-Q2 |
| Murchinson Ltd. new | 355,200 | $3M | 1.1% | 2026-Q2 |
| Purpose Unlimited Inc. new | 342,560 | $3M | 1.0% | 2026-Q2 |
| Cresset Asset Management, LLC new | 284,488 | $3M | 0.9% | 2026-Q2 |
| Proficio Capital Partners LLC new | 201,931 | $2M | 0.6% | 2026-Q2 |
| NewGen Asset Management Ltd new | 200,000 | $2M | 0.6% | 2026-Q2 |
| Manatuck Hill Partners, LLC new | 200,000 | $2M | 0.6% | 2026-Q2 |
| OLD MISSION CAPITAL LLC new | 149,391 | $1M | 0.5% | 2026-Q2 |
| NANO CAP NEW MILLENNIUM GROWTH FUND L P trimmed | 120,000 | $1M | 0.4% | 2026-Q2 |
| FORMULA GROWTH LTD new | 120,000 | $1M | 0.4% | 2026-Q2 |
| Corient Private Wealth LP new | 117,132 | $1M | 0.4% | 2026-Q2 |
| BlueChip Wealth Advisors LLC new | 114,464 | $1M | 0.3% | 2026-Q2 |
| Concurrent Investment Advisors, LLC new | 100,761 | $990K | 0.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ new | 95,542 | $939K | 0.3% | 2026-Q2 |
| JW Asset Management, LLC new | 83,869 | $824K | 0.3% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC new | 79,764 | $902K | 0.3% | 2026-Q2 |
| NORTHERN TRUST CORP new | 64,789 | $637K | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 60,930 | $599K | 0.2% | 2026-Q2 |
| Mariner, LLC new | 60,771 | $597K | 0.2% | 2026-Q2 |
| RAFFLES ASSOCIATES LP new | 50,000 | $492K | 0.2% | 2026-Q2 |
| Harbor Advisors LLC new | 42,640 | $484K | 0.2% | 2026-Q2 |
| Focus Partners Wealth new | 41,665 | $410K | 0.1% | 2026-Q2 |
| ALBERT D MASON INC | 39,203 | $385K | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) new | 38,798 | $381K | 0.1% | 2026-Q2 |
| EP Wealth Advisors, LLC new | 38,555 | $379K | 0.1% | 2026-Q2 |
| EWA, LLC new | 30,243 | $297K | 0.1% | 2026-Q2 |
| CSS LLC/IL new | 29,875 | $294K | 0.1% | 2026-Q2 |
| MORGAN STANLEY new | 29,697 | $292K | 0.1% | 2026-Q2 |
| Diversify Advisory Services, LLC new | 27,096 | $226K | 0.1% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 27,096 | $226K | 0.1% | 2026-Q2 |
| Allegheny Financial Group new | 26,880 | $264K | 0.1% | 2026-Q2 |
| Jain Global LLC new | 26,800 | $263K | 0.1% | 2026-Q2 |
| Lighthouse Investment Partners, LLC new | 25,888 | $254K | 0.1% | 2026-Q2 |
| Kazazian Asset Management, LLC new | 25,693 | $253K | 0.1% | 2026-Q2 |
| BURNEY CO/ new | 25,000 | $246K | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC new | 24,901 | $245K | 0.1% | 2026-Q2 |
| Cornerstone Wealth Group, LLC new | 23,279 | $229K | 0.1% | 2026-Q2 |
| Wealthspire Advisors, LLC new | 23,200 | $228K | 0.1% | 2026-Q2 |
| CHIRON CAPITAL MANAGEMENT, LLC new | 22,965 | $226K | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC new | 21,244 | $209K | 0.1% | 2026-Q2 |
| WIREGRASS INVESTMENT MANAGEMENT LLC new | 21,092 | $207K | 0.1% | 2026-Q2 |
| Annis Gardner Whiting Capital Advisors, LLC new | 20,457 | $201K | 0.1% | 2026-Q2 |
| TORONTO DOMINION BANK new | 20,000 | $197K | 0.1% | 2026-Q2 |
| SFMG, LLC new | 18,143 | $178K | 0.1% | 2026-Q2 |
| Guild Investment Management, Inc. new | 17,740 | $174K | 0.1% | 2026-Q2 |
| Venture Visionary Partners LLC new | 17,724 | $174K | 0.1% | 2026-Q2 |
| Arax Advisory Partners new | 17,020 | $167K | 0.1% | 2026-Q2 |
| LPL Financial LLC new | 15,541 | $153K | 0.0% | 2026-Q2 |
| Legacy Capital Wealth Partners, LLC new | 15,365 | $151K | 0.0% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 15,235 | $131K | 0.0% | 2026-Q2 |
| &PARTNERS new | 15,109 | $149K | 0.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC new | 14,969 | $147K | 0.0% | 2026-Q2 |
| Northwest & Ethical Investments L.P. new | 13,381 | $124K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. new | 13,033 | $128K | 0.0% | 2026-Q2 |
| Horst & Graben Wealth Management LLC new | 12,543 | $120K | 0.0% | 2026-Q2 |
| CONNORS INVESTOR SERVICES INC new | 12,000 | $118K | 0.0% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV new | 11,910 | $117K | 0.0% | 2026-Q2 |
| OneDigital Investment Advisors LLC new | 11,779 | $116K | 0.0% | 2026-Q2 |
| Creative Planning new | 11,348 | $112K | 0.0% | 2026-Q2 |
| Merit Financial Group, LLC new | 10,828 | $106K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 10,740 | $106K | 0.0% | 2026-Q2 |
| WINTON GROUP Ltd new | 10,676 | $105K | 0.0% | 2026-Q2 |
| Beacon Pointe Advisors, LLC new | 10,651 | $105K | 0.0% | 2026-Q2 |
| CIBC WORLD MARKET INC. new | 10,567 | $104K | 0.0% | 2026-Q2 |
| Marion Wealth Management new | 10,000 | $98K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA new | 7,752 | $76K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC new | 7,307 | $72K | 0.0% | 2026-Q2 |
| CITIGROUP INC new | 5,532 | $54K | 0.0% | 2026-Q2 |
| Ameritas Advisory Services, LLC new | 5,266 | $52K | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ new | 4,022 | $39K | 0.0% | 2026-Q2 |
| PFS Partners, LLC new | 4,000 | $39K | 0.0% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec new | 3,998 | $39K | 0.0% | 2026-Q2 |
| North Star Investment Management Corp. new | 2,600 | $26K | 0.0% | 2026-Q2 |
| Atlantic Union Bankshares Corp new | 2,450 | $24K | 0.0% | 2026-Q2 |
| TD Waterhouse Canada Inc. new | 1,923 | $18K | 0.0% | 2026-Q2 |
| Larson Financial Group LLC new | 1,290 | $13K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. new | 1,177 | $12K | 0.0% | 2026-Q2 |
| Battery Global Advisors, LLC new | 1,112 | $11K | 0.0% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. new | 790 | $8K | 0.0% | 2026-Q2 |
| Wilkerson Advisory Group LLC new | 718 | $7K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO new | 675 | $6K | 0.0% | 2026-Q2 |
| Hurley Capital, LLC | 526 | $5K | 0.0% | 2026-Q2 |
| SIMPLEX TRADING, LLC new | 522 | $5K | 0.0% | 2026-Q2 |
| Bogart Wealth, LLC new | 500 | $5K | 0.0% | 2026-Q2 |
| Westside Investment Management, Inc. | 500 | $5K | 0.0% | 2026-Q2 |
| DecisionPoint Financial, LLC new | 416 | $4K | 0.0% | 2026-Q2 |
| UBS Group AG new | 339 | $3K | 0.0% | 2026-Q2 |
| Signature Resources Capital Management, LLC new | 292 | $3K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. new | 250 | $2K | 0.0% | 2026-Q2 |
| Stone House Investment Management, LLC new | 246 | $2K | 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.