Who owns USD
Which tracked institutional funds hold USD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See USD company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 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
6 tracked funds added or opened USD while 13 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
USD’s largest tracked holder by dollar value, Integrated Wealth Concepts LLC, 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 USD 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 56 tracked filers holding USD, 30 increased or opened the position and 28 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 USD 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
- Integrated Wealth Concepts LLC$29M
- Distillate Capital Partners LLC$999K
- Focus Partners Wealth$949K
Full exits 6
- Client First Investment Management LLC$5M
- IMC-Chicago, LLC$3M
- JANE STREET GROUP, LLC$2M
- CITADEL ADVISORS LLC$2M
- US Asset Management LLC$768K
- Brookwood Investment Group LLC$535K
Largest adds
- Tower Research Capital LLC (TRC)$2M
- Dedeker Financial LLC$879K
- Quantinno Capital Management LP$816K
Largest trims
- Cambridge Investment Research Advisors, Inc.$2M
- Mariner, LLC$2M
- Dale Q Rice Investment Management Ltd$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$475K
- BLAIR WILLIAM & CO/IL$365K
- Retirement Planning Co of New England, Inc.$305K
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 |
|---|---|---|---|---|
| Integrated Wealth Concepts LLC added | 599,610 | $29M | 21.9% | 2026-Q1 |
| Dale Q Rice Investment Management Ltd added | 447,279 | $21M | 16.3% | 2026-Q1 |
| Mariner, LLC trimmed | 12,361,916 | $13M | 9.6% | 2026-Q1 |
| Dedeker Financial LLC added | 90,225 | $4M | 3.3% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 87,711 | $4M | 3.2% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL trimmed | 58,407 | $3M | 2.1% | 2026-Q1 |
| Retirement Planning Co of New England, Inc. trimmed | 48,910 | $2M | 1.8% | 2026-Q1 |
| HUB Investment Partners, LLC added | 25,220 | $1M | 0.9% | 2026-Q1 |
| AVAII WEALTH MANAGEMENT, LLC | 24,864 | $1M | 0.9% | 2026-Q1 |
| Quantinno Capital Management LP added | 21,615 | $1M | 0.8% | 2026-Q1 |
| Beaton Management Co. Inc. | 20,980 | $1M | 0.8% | 2026-Q1 |
| Distillate Capital Partners LLC new | 998,614 | $999K | 0.8% | 2026-Q1 |
| Advisory Alpha, LLC added | 20,585 | $987K | 0.8% | 2026-Q1 |
| Focus Partners Wealth new | 19,788 | $949K | 0.7% | 2026-Q1 |
| Morse Asset Management, Inc added | 17,747 | $851K | 0.6% | 2026-Q1 |
| Chung Wu Investment Group, LLC trimmed | 13,960 | $669K | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 13,625 | $653K | 0.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 13,107 | $628K | 0.5% | 2026-Q1 |
| HRT FINANCIAL LP added | 11,759 | $563K | 0.4% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC trimmed | 10,276 | $493K | 0.4% | 2026-Q1 |
| Creative Planning new | 9,439 | $453K | 0.3% | 2026-Q1 |
| XTX Topco Ltd added | 9,429 | $452K | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 8,814 | $444K | 0.3% | 2026-Q1 |
| Valeo Financial Advisors, LLC | 9,200 | $441K | 0.3% | 2026-Q1 |
| TWO SIGMA SECURITIES, LLC added | 8,991 | $431K | 0.3% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 7,314 | $365K | 0.3% | 2026-Q1 |
| Pure Financial Advisors, LLC | 6,872 | $330K | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 7,464 | $322K | 0.2% | 2026-Q1 |
| J.E. Simmons & Co., P.C. trimmed | 5,324 | $255K | 0.2% | 2026-Q1 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 3,228 | $255K | 0.2% | 2026-Q1 |
| Diversify Advisory Services, LLC added | 3,030 | $239K | 0.2% | 2026-Q1 |
| Concentrum Wealth Management added | 4,940 | $237K | 0.2% | 2026-Q1 |
| Fortitude Advisory Group L.L.C. added | 4,866 | $233K | 0.2% | 2026-Q1 |
| Moors & Cabot, Inc. added | 4,854 | $233K | 0.2% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 4,813 | $231K | 0.2% | 2026-Q1 |
| Plotkin Financial Advisors, LLC | 4,740 | $227K | 0.2% | 2026-Q1 |
| Rothschild Wealth LLC | 4,600 | $221K | 0.2% | 2026-Q1 |
| Spire Wealth Management trimmed | 4,395 | $211K | 0.2% | 2026-Q1 |
| Keating Financial Advisory Services, Inc. | 2,240 | $107K | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC | 2,156 | $103K | 0.1% | 2026-Q1 |
| SBI Securities Co., Ltd. added | 1,999 | $96K | 0.1% | 2026-Q1 |
| WHITTIER TRUST CO | 960 | $49K | 0.0% | 2026-Q1 |
| Parallel Advisors, LLC | 962 | $46K | 0.0% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 853 | $41K | 0.0% | 2026-Q1 |
| BOKF, NA | 720 | $35K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 710 | $34K | 0.0% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec | 609 | $29K | 0.0% | 2026-Q1 |
| MORGAN STANLEY added | 446 | $21K | 0.0% | 2026-Q1 |
| HANTZ FINANCIAL SERVICES, INC. | 400 | $19K | 0.0% | 2026-Q1 |
| Sound Income Strategies, LLC | 176 | $9K | 0.0% | 2026-Q1 |
| Rossby Financial, LCC new | 71 | $4K | 0.0% | 2026-Q1 |
| SIGNATUREFD, LLC | 60 | $3K | 0.0% | 2026-Q1 |
| Wall Street Financial Group, Inc. new | 6 | $288 | 0.0% | 2026-Q1 |
| CITIGROUP INC | 2 | $96 | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1 | $58 | 0.0% | 2026-Q1 |
| CoreCap Advisors, LLC trimmed | 0 | $6 | 0.0% | 2026-Q1 |
| Quadrature Capital Ltd added | 231,220 | $17M | 13.0% | 2025-Q2 stale |
| Client First Investment Management LLC trimmed | 97,016 | $5M | 3.9% | 2025-Q4 stale |
| IMC-Chicago, LLC added | 63,823 | $3M | 2.5% | 2025-Q4 stale |
| JANE STREET GROUP, LLC added | 42,827 | $2M | 1.7% | 2025-Q4 stale |
| CITADEL ADVISORS LLC trimmed | 37,180 | $2M | 1.5% | 2025-Q4 stale |
| RENAISSANCE TECHNOLOGIES LLC new | 15,900 | $2M | 1.2% | 2025-Q3 stale |
| Headlands Technologies LLC added | 10,883 | $1M | 0.8% | 2025-Q3 stale |
| US Asset Management LLC added | 14,626 | $768K | 0.6% | 2025-Q4 stale |
| Brookwood Investment Group LLC added | 10,197 | $535K | 0.4% | 2025-Q4 stale |
| Corient Private Wealth LLC new | 5,000 | $495K | 0.4% | 2025-Q3 stale |
| SIMPLEX TRADING, LLC trimmed | 4,511 | $446K | 0.3% | 2025-Q3 stale |
| Momentous Wealth Management, Inc. new | 8,485 | $446K | 0.3% | 2025-Q4 stale |
| Scientech Research LLC added | 7,562 | $397K | 0.3% | 2025-Q4 stale |
| First National Trust Co added | 6,400 | $336K | 0.3% | 2025-Q4 stale |
| Sowell Financial Services LLC new | 3,770 | $279K | 0.2% | 2025-Q2 stale |
| WOLVERINE TRADING, LLC added | 6,067 | $248K | 0.2% | 2025-Q1 stale |
| Marex Group plc added | 6,091 | $246K | 0.2% | 2025-Q1 stale |
| Chicago Partners Investment Group LLC added | 4,205 | $238K | 0.2% | 2025-Q4 stale |
| LPL Financial LLC added | 4,261 | $224K | 0.2% | 2025-Q4 stale |
| RAYMOND JAMES FINANCIAL INC new | 1,120 | $83K | 0.1% | 2025-Q2 stale |
| Bogart Wealth, LLC added | 1,100 | $81K | 0.1% | 2025-Q2 stale |
| GROUP ONE TRADING LLC new | 1,934 | $78K | 0.1% | 2025-Q1 stale |
| UBS Group AG added | 1,088 | $57K | 0.0% | 2025-Q4 stale |
| Iron Horse Wealth Management, LLC | 654 | $48K | 0.0% | 2025-Q2 stale |
| IFP Advisors, Inc trimmed | 500 | $37K | 0.0% | 2025-Q2 stale |
| Quintet Private Bank (Europe) S.A. new | 418 | $31K | 0.0% | 2025-Q2 stale |
| Guerra Advisors Inc new | 266 | $26K | 0.0% | 2025-Q3 stale |
| Catalyst Capital Advisors LLC new | 312 | $16K | 0.0% | 2025-Q4 stale |
| COLDSTREAM CAPITAL MANAGEMENT INC new | 400 | $16K | 0.0% | 2025-Q1 stale |
| AMIRAL GESTION trimmed | 14,650 | $15K | 0.0% | 2025-Q4 stale |
| Wealth Watch Advisors, INC added | 194 | $10K | 0.0% | 2025-Q4 stale |
| TUCKER ASSET MANAGEMENT LLC added | 164 | $9K | 0.0% | 2025-Q4 stale |
| BNP PARIBAS FINANCIAL MARKETS added | 155 | $8K | 0.0% | 2025-Q4 stale |
| JONES FINANCIAL COMPANIES LLLP new | 70 | $7K | 0.0% | 2025-Q3 stale |
| Quarry LP new | 154 | $6K | 0.0% | 2025-Q1 stale |
| BANK OF AMERICA CORP /DE/ trimmed | 28 | $2K | 0.0% | 2025-Q2 stale |
| VESTOR CAPITAL, LLC trimmed | 295 | $767 | 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.