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Institutional Ownership · SEC Form 13F

Who owns USAI


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

53
Institutional holders
1M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on USAI is one-sided between 2025-Q4 and 2026-Q1: 14 added or opened and 2 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

USAI’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 gap the other way — the median holder sizes USAI more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in USAI 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 53 tracked filers holding USAI, 35 increased or opened the position and 13 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 USAI 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 3

  • Norris Financial Group, LLC$7M
  • GOLDMAN SACHS GROUP INC$1M
  • TCFG Investment Advisors, LLC$824K

Full exits 1

  • BANK OF AMERICA CORP /DE/$640K

Largest adds

  • Cetera Investment Advisers$2M
  • LPL Financial LLC$2M
  • CITADEL ADVISORS LLC$1M
  • SL ADVISORS, LLC$848K
  • JANE STREET GROUP, LLC$737K
  • Kestra Advisory Services, LLC$643K

Largest trims

  • Cambridge Investment Research Advisors, Inc.$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).

FundSharesReported value% of valueQuarter
LPL Financial LLC trimmed373,644$18M21.6%2026-Q1
Cetera Investment Advisers added185,607$9M10.7%2026-Q1
Norris Financial Group, LLC new143,475$7M8.3%2026-Q1
SL ADVISORS, LLC95,895$5M5.5%2026-Q1
JBR Co Financial Management Inc82,013$3M3.8%2026-Q1
Kestra Advisory Services, LLC added47,277$2M2.7%2026-Q1
OSAIC HOLDINGS, INC. trimmed40,511$2M2.3%2026-Q1
CITADEL ADVISORS LLC added35,545$2M2.1%2026-Q1
JANE STREET GROUP, LLC added34,272$2M2.0%2026-Q1
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added27,084$1M1.5%2026-Q1
GTS SECURITIES LLC added24,617$1M1.4%2026-Q1
GOLDMAN SACHS GROUP INC new23,440$1M1.4%2026-Q1
TCFG Investment Advisors, LLC new17,529$824K1.0%2026-Q1
TCFG WEALTH MANAGEMENT, LLC trimmed17,529$824K1.0%2026-Q1
RAYMOND JAMES FINANCIAL INC added17,474$821K1.0%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added15,418$724K0.9%2026-Q1
Magnolia Private Wealth, LLC trimmed12,450$585K0.7%2026-Q1
Wealthcare Advisory Partners LLC added11,853$557K0.7%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed11,676$549K0.7%2026-Q1
Prospera Financial Services Inc added10,362$487K0.6%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added10,282$483K0.6%2026-Q1
MML INVESTORS SERVICES, LLC trimmed9,456$444K0.5%2026-Q1
INDEPENDENT FINANCIAL GROUP, LLC added8,152$383K0.5%2026-Q1
Moors & Cabot, Inc. added7,822$368K0.5%2026-Q1
Wealth Management Associates, Inc. new7,399$348K0.4%2026-Q1
Insight Advisors, LLC/ PA added7,195$338K0.4%2026-Q1
Sigma Planning Corp added6,561$308K0.4%2026-Q1
Summit Financial, LLC new6,471$304K0.4%2026-Q1
Investmark Advisory Group LLC added6,131$288K0.4%2026-Q1
Stratos Wealth Advisors, LLC trimmed5,346$251K0.3%2026-Q1
CIBC Asset Management Inc5,000$235K0.3%2026-Q1
Lodestone Wealth Management LLC added4,862$228K0.3%2026-Q1
J.W. COLE ADVISORS, INC. trimmed4,731$222K0.3%2026-Q1
Belpointe Asset Management LLC added4,492$211K0.3%2026-Q1
CoreCap Advisors, LLC added3,348$157K0.2%2026-Q1
HARBOUR INVESTMENTS, INC. added1,495$70K0.1%2026-Q1
CWM, LLC1,218$57K0.1%2026-Q1
HAZLETT, BURT & WATSON, INC.1,000$47K0.1%2026-Q1
United Community Bank1,000$47K0.1%2026-Q1
Steward Partners Investment Advisory, LLC added956$45K0.1%2026-Q1
AE Wealth Management LLC new721$34K0.0%2026-Q1
Allworth Financial LP589$28K0.0%2026-Q1
Princeton Global Asset Management LLC470$22K0.0%2026-Q1
Western Wealth Management, LLC new400$19K0.0%2026-Q1
WELLS FARGO & COMPANY/MN added375$18K0.0%2026-Q1
FMR LLC added289$14K0.0%2026-Q1
IFP Advisors, Inc added200$9K0.0%2026-Q1
CREATIVE FINANCIAL DESIGNS INC /ADV added120$6K0.0%2026-Q1
Ritter Daniher Financial Advisory LLC / DE52$2K0.0%2026-Q1
Spire Wealth Management48$2K0.0%2026-Q1
Atlantic Union Bankshares Corp21$9940.0%2026-Q1
EverSource Wealth Advisors, LLC trimmed5$8050.0%2026-Q1
Capital Investment Advisory Services, LLC new11$5170.0%2026-Q1
Atria Investments, Inc added69,724$3M3.5%2025-Q2 stale
OneAscent Financial Services LLC added68,891$3M3.5%2025-Q2 stale
Stratos Investment Management, LLC added66,189$3M3.2%2025-Q3 stale
AVANTAX ADVISORY SERVICES, INC. added56,964$2M2.9%2025-Q2 stale
Code Waechter LLC added55,859$2M2.6%2025-Q3 stale
Financial Advocates Investment Management added25,467$1M1.3%2025-Q2 stale
CW Advisors, LLC added20,810$847K1.0%2025-Q2 stale
FLOW TRADERS U.S. LLC added20,696$825K1.0%2025-Q3 stale
Good Life Advisors, LLC added17,303$704K0.9%2025-Q2 stale
BANK OF AMERICA CORP /DE/16,772$640K0.8%2025-Q4 stale
Advisor Resource Council trimmed11,701$481K0.6%2025-Q1 stale
Delta Financial Group, Inc. added9,304$395K0.5%2025-Q1 stale
Arete Wealth Advisors, LLC trimmed8,829$351K0.4%2025-Q3 stale
Private Advisor Group, LLC trimmed8,599$343K0.4%2025-Q3 stale
IFG Advisory, LLC trimmed7,044$281K0.3%2025-Q3 stale
Trademark Financial Management, LLC trimmed6,571$270K0.3%2025-Q1 stale
PLANNING DIRECTIONS INC new5,988$246K0.3%2025-Q1 stale
Goepper Burkhardt LLC trimmed5,400$206K0.3%2025-Q4 stale
UBS Group AG added779$31K0.0%2025-Q3 stale
AlphaCore Capital LLC new80$3K0.0%2025-Q4 stale
Triumph Capital Management new35$1K0.0%2025-Q4 stale
Sandy Spring Bank new20$8290.0%2025-Q1 stale
MORGAN STANLEY trimmed1$550.0%2025-Q4 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%2025-Q2 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.

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