Who owns USBC (USBC)
Which tracked institutional funds hold USBC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See USBC company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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 USBC is one-sided between 2025-Q4 and 2026-Q1: 0 added or opened and 1 trimmed or exited — on balance reducing.
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
USBC’s largest tracked holder by dollar value, CRCM LP, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in USBC 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 20 tracked filers holding USBC, 8 increased or opened the position and 16 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 USBC 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.
Largest trims
- CRCM LP$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 |
|---|---|---|---|---|
| CRCM LP trimmed | 555,325 | $214K | 15.7% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 259,410 | $100K | 7.3% | 2026-Q1 |
| Vontobel Holding Ltd. added | 190,474 | $74K | 5.4% | 2026-Q1 |
| MARSHALL WACE, LLP added | 165,939 | $65K | 4.7% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 149,796 | $58K | 4.2% | 2026-Q1 |
| EverSource Wealth Advisors, LLC trimmed | 1,040 | $40K | 2.9% | 2026-Q1 |
| XTX Topco Ltd trimmed | 26,665 | $10K | 0.8% | 2026-Q1 |
| Jackson Hole Capital Partners, LLC | 20,000 | $8K | 0.6% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 18,341 | $7K | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 17,331 | $7K | 0.5% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 17,016 | $7K | 0.5% | 2026-Q1 |
| Focus Partners Wealth trimmed | 17,000 | $7K | 0.5% | 2026-Q1 |
| MORGAN STANLEY | 986 | $381 | 0.0% | 2026-Q1 |
| Allworth Financial LP | 500 | $194 | 0.0% | 2026-Q1 |
| GABLES CAPITAL MANAGEMENT INC. | 107 | $41 | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC | 10 | $4 | 0.0% | 2026-Q1 |
| Larson Financial Group LLC | 8 | $3 | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA new | 250 | — | 0.0% | 2026-Q1 |
| DANSKE BANK A/S | 1 | — | 0.0% | 2026-Q1 |
| North Ridge Wealth Advisors, Inc. | 47 | — | 0.0% | 2026-Q1 |
| Cerity Partners LLC added | 120,000 | $161K | 11.8% | 2025-Q3 stale |
| CITADEL ADVISORS LLC added | 214,108 | $136K | 9.9% | 2025-Q4 stale |
| Corient Private Wealth LLC new | 50,000 | $99K | 7.2% | 2025-Q2 stale |
| VANGUARD GROUP INC new | 97,444 | $62K | 4.5% | 2025-Q4 stale |
| Qube Research & Technologies Ltd new | 82,667 | $52K | 3.8% | 2025-Q4 stale |
| Bard Financial Services, Inc. new | 37,500 | $50K | 3.7% | 2025-Q3 stale |
| United Capital Management of KS, Inc. added | 34,757 | $47K | 3.4% | 2025-Q3 stale |
| TWO SIGMA INVESTMENTS, LP added | 41,966 | $27K | 1.9% | 2025-Q4 stale |
| Virtu Financial LLC added | 40,028 | $25K | 1.8% | 2025-Q4 stale |
| Banco BTG Pactual S.A. new | 11,725 | $23K | 1.7% | 2025-Q2 stale |
| TWO SIGMA SECURITIES, LLC added | 26,606 | $17K | 1.2% | 2025-Q4 stale |
| Financial Plan, Inc. new | 25,000 | $16K | 1.2% | 2025-Q4 stale |
| Tower Research Capital LLC (TRC) added | 11,767 | $16K | 1.2% | 2025-Q3 stale |
| Vident Advisory, LLC new | 10,024 | $13K | 1.0% | 2025-Q3 stale |
| Squarepoint Ops LLC trimmed | 18,202 | $12K | 0.8% | 2025-Q4 stale |
| LPL Financial LLC trimmed | 16,001 | $10K | 0.7% | 2025-Q4 stale |
| UBS Group AG added | 9,735 | $6K | 0.5% | 2025-Q4 stale |
| BANK OF AMERICA CORP /DE/ added | 214 | $136 | 0.0% | 2025-Q4 stale |
| JPMORGAN CHASE & CO new | 4 | $3 | 0.0% | 2025-Q1 stale |
| RAYMOND JAMES FINANCIAL INC new | 1 | $2 | 0.0% | 2025-Q2 stale |
| MCF Advisors LLC | 2 | $2 | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.
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.