Who owns TOPT
Which tracked institutional funds hold TOPT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TOPT company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-20). 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
16 tracked funds added or opened TOPT while 19 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
TOPT’s largest tracked holder by dollar value, LPL Financial LLC, 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 conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TOPT 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 85 tracked filers holding TOPT, 56 increased or opened the position and 39 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 TOPT 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 8
- VICTORY CAPITAL MANAGEMENT INC$20M
- IHT Wealth Management, LLC$3M
- ROYAL BANK OF CANADA$2M
- OpenArc Corporate Advisory, LLC$990K
- &PARTNERS$812K
- CreativeOne Wealth, LLC$779K
Full exits 4
- NewEdge Advisors, LLC$7M
- Janney Montgomery Scott LLC$3M
- Kestra Investment Management, LLC$3M
- CPC Advisors, LLC$1M
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$12M
- LPL Financial LLC$8M
- INDEPENDENT FINANCIAL GROUP, LLC$6M
- Horizon Investments, LLC$2M
- RAYMOND JAMES FINANCIAL INC$854K
- OSAIC HOLDINGS, INC.$790K
Largest trims
- HighTower Advisors, LLC$5M
- Geneos Wealth Management Inc.$2M
- GOLDMAN SACHS GROUP INC$2M
- Steward Partners Investment Advisory, LLC$2M
- BlackRock, Inc.$2M
- Goodman Advisory Group, LLC$1M
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 |
|---|---|---|---|---|
| LPL Financial LLC added | 1,042,871 | $30M | 15.5% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC new | 689,021 | $20M | 10.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 677,098 | $19M | 10.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 426,438 | $12M | 6.3% | 2026-Q1 |
| BlackRock, Inc. trimmed | 420,213 | $12M | 6.2% | 2026-Q1 |
| Goodman Advisory Group, LLC trimmed | 383,273 | $11M | 5.7% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 270,106 | $8M | 4.0% | 2026-Q1 |
| Cetera Investment Advisers added | 127,111 | $4M | 1.9% | 2026-Q1 |
| Horizon Investments, LLC added | 125,576 | $4M | 1.9% | 2026-Q1 |
| Clear Creek Financial Management, LLC trimmed | 103,920 | $3M | 1.5% | 2026-Q1 |
| IHT Wealth Management, LLC new | 98,686 | $3M | 1.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 96,542 | $3M | 1.4% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 62,850 | $2M | 1.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 59,543 | $2M | 0.9% | 2026-Q1 |
| OPPENHEIMER & CO INC trimmed | 57,116 | $2M | 0.8% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 55,144 | $2M | 0.8% | 2026-Q1 |
| ATX Financial Planning, LLC added | 54,965 | $2M | 0.8% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 53,157 | $2M | 0.8% | 2026-Q1 |
| RIA Advisory Group LLC trimmed | 45,762 | $1M | 0.7% | 2026-Q1 |
| Prospera Financial Services Inc added | 42,676 | $1M | 0.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 39,771 | $1M | 0.6% | 2026-Q1 |
| Keystone Wealth Services, LLC trimmed | 38,371 | $1M | 0.6% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 37,209 | $1M | 0.6% | 2026-Q1 |
| Core Wealth Partners LLC | 35,199 | $1M | 0.5% | 2026-Q1 |
| OpenArc Corporate Advisory, LLC new | 34,584 | $990K | 0.5% | 2026-Q1 |
| Private Advisor Group, LLC added | 31,905 | $913K | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 31,481 | $901K | 0.5% | 2026-Q1 |
| J.W. COLE ADVISORS, INC. added | 31,242 | $894K | 0.5% | 2026-Q1 |
| &PARTNERS new | 0 | $812K | 0.4% | 2026-Q1 |
| Insight Wealth Partners, LLC trimmed | 27,469 | $786K | 0.4% | 2026-Q1 |
| CreativeOne Wealth, LLC new | 27,221 | $779K | 0.4% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 25,331 | $725K | 0.4% | 2026-Q1 |
| Savvy Advisors, Inc. added | 22,746 | $651K | 0.3% | 2026-Q1 |
| Mariner, LLC new | 20,303 | $581K | 0.3% | 2026-Q1 |
| Quadrature Capital Ltd new | 20,132 | $576K | 0.3% | 2026-Q1 |
| Legacy Financial Group LLC added | 18,136 | $519K | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 17,881 | $512K | 0.3% | 2026-Q1 |
| LEAVELL INVESTMENT MANAGEMENT, INC. trimmed | 13,562 | $388K | 0.2% | 2026-Q1 |
| WealthPlan Investment Management, LLC added | 12,611 | $361K | 0.2% | 2026-Q1 |
| Strategic Financial Concepts, LLC trimmed | 12,290 | $352K | 0.2% | 2026-Q1 |
| Tranquilli Financial Advisor LLC added | 11,739 | $336K | 0.2% | 2026-Q1 |
| Mutual Advisors, LLC added | 11,593 | $332K | 0.2% | 2026-Q1 |
| Geneos Wealth Management Inc. trimmed | 11,386 | $326K | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 10,806 | $309K | 0.2% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. trimmed | 10,686 | $306K | 0.2% | 2026-Q1 |
| Realta Investment Advisors added | 10,305 | $295K | 0.2% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 9,850 | $282K | 0.1% | 2026-Q1 |
| SkyOak Wealth, LLC added | 9,435 | $270K | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 9,461 | $262K | 0.1% | 2026-Q1 |
| Guardian Capital, LLC added | 9,100 | $260K | 0.1% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 9,087 | $260K | 0.1% | 2026-Q1 |
| Focus Partners Advisor Solutions, LLC added | 9,080 | $260K | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 8,928 | $256K | 0.1% | 2026-Q1 |
| Norris Financial Group, LLC | 8,781 | $251K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. new | 8,064 | $231K | 0.1% | 2026-Q1 |
| Sunbelt Securities, Inc. added | 7,673 | $220K | 0.1% | 2026-Q1 |
| LAUREL OAK WEALTH MANAGEMENT, LLC added | 7,384 | $211K | 0.1% | 2026-Q1 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 7,034 | $201K | 0.1% | 2026-Q1 |
| PRIVATE TRUST CO NA added | 6,901 | $198K | 0.1% | 2026-Q1 |
| Advisory Services Network, LLC new | 6,417 | $184K | 0.1% | 2026-Q1 |
| NFSG Corp | 5,625 | $161K | 0.1% | 2026-Q1 |
| UBS Group AG trimmed | 5,229 | $150K | 0.1% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 4,389 | $126K | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 4,065 | $116K | 0.1% | 2026-Q1 |
| Keating Financial Advisory Services, Inc. trimmed | 3,507 | $100K | 0.1% | 2026-Q1 |
| AE Wealth Management LLC added | 1,498 | $43K | 0.0% | 2026-Q1 |
| Cornerstone Planning Group LLC new | 1,206 | $39K | 0.0% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP new | 1,358 | $38K | 0.0% | 2026-Q1 |
| Private Wealth Management Group, LLC new | 1,209 | $35K | 0.0% | 2026-Q1 |
| CWM, LLC new | 1,206 | $35K | 0.0% | 2026-Q1 |
| SIMPLEX TRADING, LLC trimmed | 802 | $23K | 0.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 681 | $19K | 0.0% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV new | 597 | $17K | 0.0% | 2026-Q1 |
| Rockefeller Capital Management L.P. new | 587 | $17K | 0.0% | 2026-Q1 |
| GROUP ONE TRADING LLC | 400 | $11K | 0.0% | 2026-Q1 |
| HAZLETT, BURT & WATSON, INC. new | 300 | $10K | 0.0% | 2026-Q1 |
| MATHER GROUP, LLC. new | 325 | $9K | 0.0% | 2026-Q1 |
| Godfrey Financial Associates, Inc. added | 262 | $7K | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC | 175 | $5K | 0.0% | 2026-Q1 |
| Touchstone Capital, Inc. new | 357,153 | $11M | 5.6% | 2025-Q3 stale |
| NewEdge Advisors, LLC added | 281,154 | $7M | 3.5% | 2025-Q4 stale |
| Janney Montgomery Scott LLC added | 87,844 | $3M | 1.4% | 2025-Q4 stale |
| Kestra Investment Management, LLC trimmed | 84,092 | $3M | 1.4% | 2025-Q4 stale |
| CITADEL ADVISORS LLC trimmed | 66,903 | $2M | 1.1% | 2025-Q3 stale |
| Belpointe Asset Management LLC new | 51,580 | $2M | 0.8% | 2025-Q3 stale |
| CPC Advisors, LLC added | 42,830 | $1M | 0.7% | 2025-Q4 stale |
| D. E. Shaw & Co., Inc. new | 34,572 | $943K | 0.5% | 2025-Q2 stale |
| HRT FINANCIAL LP new | 25,154 | $686K | 0.4% | 2025-Q2 stale |
| BARCLAYS PLC added | 10,000 | $305K | 0.2% | 2025-Q3 stale |
| INSIGNEO ADVISORY SERVICES, LLC added | 9,681 | $302K | 0.2% | 2025-Q4 stale |
| Diversify Advisory Services, LLC added | 9,317 | $287K | 0.1% | 2025-Q4 stale |
| PRINCIPAL SECURITIES, INC. added | 8,810 | $268K | 0.1% | 2025-Q3 stale |
| GTS SECURITIES LLC trimmed | 9,827 | $268K | 0.1% | 2025-Q2 stale |
| MML INVESTORS SERVICES, LLC new | 7,957 | $249K | 0.1% | 2025-Q4 stale |
| Valeo Financial Advisors, LLC | 6,847 | $214K | 0.1% | 2025-Q4 stale |
| Ameritas Advisory Services, LLC new | 2,500 | $76K | 0.0% | 2025-Q3 stale |
| MORGAN STANLEY added | 1,096 | $34K | 0.0% | 2025-Q4 stale |
| ARMSTRONG ADVISORY GROUP, INC new | 832 | $26K | 0.0% | 2025-Q4 stale |
| Russell Investments Group, Ltd. new | 200 | $6K | 0.0% | 2025-Q4 stale |
| Concord Wealth Partners | 175 | $5K | 0.0% | 2025-Q4 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.
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.