Who owns TDV
Which tracked institutional funds hold TDV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TDV 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.
How the tape is positioned
The tracked-fund tape on TDV is one-sided between 2026-Q1 and 2026-Q2: 18 added or opened and 6 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
TDV’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes TDV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in TDV 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 75 tracked filers holding TDV, 27 increased or opened the position and 45 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 TDV 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 4
- NewEdge Advisors, LLC$3M
- Ameritas Advisory Services, LLC$643K
- CITADEL ADVISORS LLC$609K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$518K
Full exits 4
- Coston, McIsaac & Partners$3M
- Cambridge Investment Research Advisors, Inc.$3M
- Ascentis Independent Advisors$2M
- Integrated Wealth Concepts LLC$585K
Largest adds
- MORGAN STANLEY$5M
- BANK OF AMERICA CORP /DE/$3M
- Orion Porfolio Solutions, LLC$3M
- COMMONWEALTH EQUITY SERVICES, LLC$2M
- WELLS FARGO & COMPANY/MN$2M
- GOLDMAN SACHS GROUP INC$2M
Largest trims
- WealthPLAN Partners, LLC$618K
- Emissary Wealth LLC$338K
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 |
|---|---|---|---|---|
| MORGAN STANLEY trimmed | 269,543 | $28M | 15.2% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 194,058 | $20M | 11.0% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 169,757 | $18M | 9.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 141,386 | $15M | 8.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 127,455 | $13M | 7.2% | 2026-Q2 |
| LPL Financial LLC trimmed | 79,507 | $8M | 4.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 55,027 | $6M | 3.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 49,457 | $5M | 2.8% | 2026-Q2 |
| TOTH FINANCIAL ADVISORY CORP trimmed | 46,949 | $5M | 2.7% | 2026-Q2 |
| Mendel Capital Management LLC trimmed | 46,649 | $5M | 2.6% | 2026-Q2 |
| Cetera Investment Advisers added | 42,281 | $4M | 2.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 41,083 | $4M | 2.3% | 2026-Q2 |
| WealthPlan Investment Management, LLC trimmed | 38,127 | $4M | 2.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 29,744 | $3M | 1.7% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 28,304 | $3M | 1.6% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 22,500 | $2M | 1.3% | 2026-Q2 |
| WealthPLAN Partners, LLC trimmed | 18,349 | $2M | 1.0% | 2026-Q2 |
| World Investment Advisors | 20,340 | $2M | 0.9% | 2026-Q2 |
| Concord Asset Management, LLC/VA trimmed | 12,074 | $1M | 0.7% | 2026-Q2 |
| Concord Wealth Partners trimmed | 12,074 | $1M | 0.7% | 2026-Q2 |
| CFS Investment Advisory Services, LLC trimmed | 11,878 | $1M | 0.6% | 2026-Q2 |
| Geneos Wealth Management Inc. trimmed | 10,557 | $1M | 0.6% | 2026-Q2 |
| AMJ Financial Wealth Management | 11,294 | $957K | 0.5% | 2026-Q2 |
| Global X Japan Co., Ltd. added | 8,634 | $898K | 0.5% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 8,630 | $897K | 0.5% | 2026-Q2 |
| MWA Asset Management trimmed | 8,300 | $863K | 0.5% | 2026-Q2 |
| UBS Group AG added | 8,094 | $841K | 0.5% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC | 7,354 | $765K | 0.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 6,657 | $692K | 0.4% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 6,185 | $643K | 0.3% | 2026-Q2 |
| &PARTNERS trimmed | 6,015 | $622K | 0.3% | 2026-Q2 |
| HighPoint Advisor Group LLC trimmed | 5,916 | $615K | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 5,860 | $609K | 0.3% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 5,700 | $593K | 0.3% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. added | 5,312 | $552K | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 4,984 | $518K | 0.3% | 2026-Q2 |
| Sound View Wealth Advisors Group, LLC | 4,823 | $501K | 0.3% | 2026-Q2 |
| Apollon Financial, LLC | 4,741 | $493K | 0.3% | 2026-Q2 |
| 4WEALTH ADVISORS, INC. trimmed | 4,258 | $433K | 0.2% | 2026-Q2 |
| Split Rock Private Trading & Wealth Management, LLC trimmed | 3,880 | $403K | 0.2% | 2026-Q2 |
| Rossby Financial, LCC trimmed | 3,848 | $400K | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 3,807 | $396K | 0.2% | 2026-Q2 |
| FMR LLC added | 3,724 | $387K | 0.2% | 2026-Q2 |
| RHODES INVESTMENT ADVISORS INC /ADV added | 3,475 | $361K | 0.2% | 2026-Q2 |
| Valeo Financial Advisors, LLC | 3,399 | $353K | 0.2% | 2026-Q2 |
| Emissary Wealth LLC trimmed | 3,234 | $336K | 0.2% | 2026-Q2 |
| MONEY CONCEPTS CAPITAL CORP trimmed | 3,231 | $336K | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,996 | $304K | 0.2% | 2026-Q2 |
| Global Retirement Partners, LLC | 2,821 | $293K | 0.2% | 2026-Q2 |
| GWN SECURITIES INC. trimmed | 2,281 | $237K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 2,236 | $232K | 0.1% | 2026-Q2 |
| COZAD ASSET MANAGEMENT INC new | 2,150 | $224K | 0.1% | 2026-Q2 |
| Pathstone Holdings, LLC new | 2,119 | $220K | 0.1% | 2026-Q2 |
| Lido Advisors, LLC new | 1,975 | $205K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 1,647 | $171K | 0.1% | 2026-Q2 |
| Nova Wealth Management, Inc. | 1,339 | $139K | 0.1% | 2026-Q2 |
| Princeton Global Asset Management LLC | 903 | $94K | 0.1% | 2026-Q2 |
| Larson Financial Group LLC | 876 | $91K | 0.0% | 2026-Q2 |
| Benson Wealth Management INC | 848 | $88K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 835 | $87K | 0.0% | 2026-Q2 |
| HALBERT HARGROVE GLOBAL ADVISORS, LLC | 769 | $80K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 614 | $64K | 0.0% | 2026-Q2 |
| Allworth Financial LP added | 584 | $61K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc | 335 | $35K | 0.0% | 2026-Q2 |
| AE Wealth Management LLC added | 232 | $24K | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ | 150 | $16K | 0.0% | 2026-Q2 |
| ASSETMARK, INC | 147 | $15K | 0.0% | 2026-Q2 |
| Regatta Research & Money Management new | 146 | $15K | 0.0% | 2026-Q2 |
| PRIVATE TRUST CO NA | 80 | $8K | 0.0% | 2026-Q2 |
| Aptus Capital Advisors, LLC | 43 | $4K | 0.0% | 2026-Q2 |
| FINANCIAL CONSULATE, INC | 31 | $3K | 0.0% | 2026-Q2 |
| NFSG Corp | 26 | $3K | 0.0% | 2026-Q2 |
| Medallion Wealth Advisors, LLC | 23 | $2K | 0.0% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 4 | $416 | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. new | 0 | $3 | 0.0% | 2026-Q2 |
| Coston, McIsaac & Partners added | 35,380 | $3M | 1.6% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 32,408 | $3M | 1.5% | 2026-Q1 stale (1 quarter behind) |
| Ascentis Independent Advisors added | 20,333 | $2M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| Integrated Wealth Concepts LLC added | 6,908 | $585K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Private Advisor Group, LLC added | 5,867 | $497K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC added | 1,297 | $110K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Sound Income Strategies, LLC | 686 | $58K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC trimmed | 221 | $19K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Atlantic Union Bankshares Corp | 164 | $14K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITIGROUP INC | 125 | $11K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| LIBERTY ONE INVESTMENT MANAGEMENT, LLC trimmed | 18,735 | $2M | 0.9% | 2025-Q4 stale (2 quarters behind) |
| Janney Montgomery Scott LLC added | 10,322 | $894K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| Lifetime Wealth Management P.C. new | 14 | $304K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 2,813 | $253K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| SageView Advisory Group, LLC new | 478 | $41K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| FLAGSHIP HARBOR ADVISORS, LLC new | 100 | $9K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Crossmark Global Holdings, Inc. added | 11,985 | $1M | 0.6% | 2025-Q3 stale (3 quarters behind) |
| Optiver Holding B.V. new | 1,010 | $87K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| EVOLUTION WEALTH MANAGEMENT INC. new | 170 | $15K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Binnacle Investments Inc new | 106 | $9K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 11,849 | $986K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| JANE STREET GROUP, LLC new | 5,591 | $465K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| OLD MISSION CAPITAL LLC trimmed | 4,779 | $398K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Strategic Wealth Partners, Ltd. new | 315 | $26K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| PRINCIPAL SECURITIES, INC. trimmed | 105 | $9K | 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.