Who owns USDU
Which tracked institutional funds hold USDU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See USDU company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-19). 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
27 tracked funds added or opened USDU while 16 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
USDU’s largest tracked holder by dollar value, ASSETMARK, INC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in USDU 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 68 tracked filers holding USDU, 49 increased or opened the position and 30 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 USDU 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 16
- Empowered Funds, LLC$13M
- Encompass More Asset Management$12M
- Cetera Investment Advisers$3M
- Thrivent Financial for Lutherans$2M
- Legacy Wealth Partners, LLC$2M
- Balefire, LLC$2M
Full exits 5
- COMMONWEALTH EQUITY SERVICES, LLC$15M
- Bank of New York Mellon Corp$9M
- PREVAIL INNOVATIVE WEALTH ADVISORS, LLC$4M
- Vident Advisory, LLC$2M
- TRUIST FINANCIAL CORP$563K
Largest adds
- ASSETMARK, INC$81M
- MORGAN STANLEY$8M
- Reyes Financial Architecture, Inc.$8M
- GenWealth Group, Inc.$5M
- HighTower Advisors, LLC$5M
- LPL Financial LLC$3M
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$5M
- Advyzon Investment Management, LLC$5M
- Ausdal Financial Partners, Inc.$4M
- Maridea Wealth Management LLC$3M
- Farther Finance Advisors, LLC$2M
- Rockefeller Capital Management L.P.$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 |
|---|---|---|---|---|
| ASSETMARK, INC added | 3,129,395 | $82M | 24.5% | 2026-Q1 |
| GenWealth Group, Inc. added | 759,232 | $20M | 6.0% | 2026-Q1 |
| OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC added | 530,739 | $14M | 4.2% | 2026-Q1 |
| Empowered Funds, LLC added | 512,482 | $13M | 4.0% | 2026-Q1 |
| MORGAN STANLEY added | 495,397 | $13M | 3.9% | 2026-Q1 |
| Encompass More Asset Management new | 438,837 | $12M | 3.4% | 2026-Q1 |
| HighTower Advisors, LLC added | 305,315 | $8M | 2.4% | 2026-Q1 |
| Reyes Financial Architecture, Inc. added | 304,722 | $8M | 2.4% | 2026-Q1 |
| Advyzon Investment Management, LLC trimmed | 220,111 | $6M | 1.7% | 2026-Q1 |
| Ausdal Financial Partners, Inc. trimmed | 219,312 | $6M | 1.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 200,116 | $5M | 1.6% | 2026-Q1 |
| Summit Place Financial Advisors, LLC trimmed | 184,703 | $5M | 1.4% | 2026-Q1 |
| LPL Financial LLC added | 152,665 | $4M | 1.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 125,855 | $3M | 1.0% | 2026-Q1 |
| J. Safra Sarasin Holding AG trimmed | 119,357 | $3M | 0.9% | 2026-Q1 |
| Cetera Investment Advisers added | 114,123 | $3M | 0.9% | 2026-Q1 |
| Maridea Wealth Management LLC trimmed | 100,114 | $3M | 0.8% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 99,639 | $3M | 0.8% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 92,765 | $2M | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 74,645 | $2M | 0.6% | 2026-Q1 |
| Thrivent Financial for Lutherans new | 71,086 | $2M | 0.6% | 2026-Q1 |
| Legacy Wealth Partners, LLC new | 71,083 | $2M | 0.6% | 2026-Q1 |
| Balefire, LLC new | 64,214 | $2M | 0.5% | 2026-Q1 |
| COWA, LLC added | 54,578 | $1M | 0.4% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 51,650 | $1M | 0.4% | 2026-Q1 |
| Algorithmic Investment Models, LLC added | 45,369 | $1M | 0.4% | 2026-Q1 |
| Gateway Wealth Partners, LLC new | 44,110 | $1M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 42,045 | $1M | 0.3% | 2026-Q1 |
| Ameritas Advisory Services, LLC added | 40,205 | $1M | 0.3% | 2026-Q1 |
| VestGen Advisors, LLC new | 40,040 | $1M | 0.3% | 2026-Q1 |
| Avestar Capital, LLC trimmed | 38,653 | $1M | 0.3% | 2026-Q1 |
| GeoWealth Management, LLC added | 38,149 | $1M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC new | 37,125 | $978K | 0.3% | 2026-Q1 |
| UBS Group AG added | 35,846 | $944K | 0.3% | 2026-Q1 |
| VestGen Investment Management added | 35,261 | $928K | 0.3% | 2026-Q1 |
| Sovereign Financial Group, Inc. added | 34,771 | $916K | 0.3% | 2026-Q1 |
| WAYSTONE ADVISORS LLC new | 28,979 | $763K | 0.2% | 2026-Q1 |
| Atria Investments, Inc added | 26,766 | $705K | 0.2% | 2026-Q1 |
| MOULTON WEALTH MANAGEMENT, INC trimmed | 19,421 | $511K | 0.2% | 2026-Q1 |
| Hilltop Holdings Inc. trimmed | 17,549 | $462K | 0.1% | 2026-Q1 |
| Brookwood Investment Group LLC new | 16,070 | $423K | 0.1% | 2026-Q1 |
| Ascent Group, LLC added | 15,975 | $421K | 0.1% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 14,921 | $393K | 0.1% | 2026-Q1 |
| WBI INVESTMENTS, LLC trimmed | 13,740 | $362K | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 11,538 | $304K | 0.1% | 2026-Q1 |
| Ignite Planners, LLC new | 11,339 | $299K | 0.1% | 2026-Q1 |
| PFG Investments, LLC new | 8,629 | $227K | 0.1% | 2026-Q1 |
| Merit Financial Group, LLC new | 8,005 | $211K | 0.1% | 2026-Q1 |
| Kaizen Financial Strategies new | 8,000 | $207K | 0.1% | 2026-Q1 |
| Parallel Advisors, LLC added | 4,615 | $122K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 1,354 | $36K | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 1,189 | $32K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,135 | $30K | 0.0% | 2026-Q1 |
| Capital Investment Advisory Services, LLC added | 910 | $24K | 0.0% | 2026-Q1 |
| Western Wealth Management, LLC new | 761 | $20K | 0.0% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 680 | $18K | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. trimmed | 574 | $15K | 0.0% | 2026-Q1 |
| Johnson Financial Group, Inc. added | 284 | $7K | 0.0% | 2026-Q1 |
| Capital Advisor Network LLC new | 269 | $7K | 0.0% | 2026-Q1 |
| Smartleaf Asset Management LLC added | 233 | $6K | 0.0% | 2026-Q1 |
| Rossby Financial, LCC new | 219 | $6K | 0.0% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 207 | $5K | 0.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 583,151 | $15M | 4.5% | 2025-Q4 stale |
| Aptus Capital Advisors, LLC added | 549,569 | $14M | 4.2% | 2025-Q2 stale |
| McElhenny Sheffield Capital Management, LLC added | 519,188 | $13M | 4.0% | 2025-Q2 stale |
| Bank of New York Mellon Corp added | 341,999 | $9M | 2.6% | 2025-Q4 stale |
| Trek Financial, LLC added | 323,715 | $9M | 2.5% | 2025-Q3 stale |
| Virtue Capital Management, LLC new | 189,396 | $5M | 1.5% | 2025-Q2 stale |
| Accurate Wealth Management, LLC added | 179,419 | $5M | 1.4% | 2025-Q1 stale |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC added | 171,248 | $4M | 1.3% | 2025-Q4 stale |
| Fortis Group Advisors, LLC new | 136,304 | $4M | 1.1% | 2025-Q3 stale |
| FLOW TRADERS U.S. LLC trimmed | 80,776 | $2M | 0.6% | 2025-Q2 stale |
| Good Life Advisors, LLC new | 72,777 | $2M | 0.6% | 2025-Q1 stale |
| NewSquare Capital LLC added | 73,608 | $2M | 0.6% | 2025-Q2 stale |
| Vident Advisory, LLC trimmed | 73,501 | $2M | 0.6% | 2025-Q4 stale |
| Summit Financial, LLC new | 59,015 | $2M | 0.5% | 2025-Q1 stale |
| Portside Wealth Group, LLC | 30,826 | $853K | 0.3% | 2025-Q1 stale |
| WorthPointe, LLC added | 32,853 | $847K | 0.3% | 2025-Q2 stale |
| Raleigh Capital Management Inc. trimmed | 25,185 | $649K | 0.2% | 2025-Q2 stale |
| TRUIST FINANCIAL CORP trimmed | 21,459 | $563K | 0.2% | 2025-Q4 stale |
| Legacy Capital Wealth Partners, LLC trimmed | 21,040 | $555K | 0.2% | 2025-Q3 stale |
| NAPA WEALTH MANAGEMENT added | 18,714 | $510K | 0.2% | 2025-Q1 stale |
| Wallace Advisory Group, LLC new | 17,615 | $487K | 0.1% | 2025-Q1 stale |
| HERITAGE OAK WEALTH ADVISORS LLC new | 17,747 | $457K | 0.1% | 2025-Q2 stale |
| Belpointe Asset Management LLC new | 17,260 | $445K | 0.1% | 2025-Q2 stale |
| Worth Asset Management, LLC trimmed | 16,278 | $419K | 0.1% | 2025-Q2 stale |
| J HAGAN CAPITAL, INC. new | 12,920 | $338K | 0.1% | 2025-Q2 stale |
| Global View Capital Management LLC new | 11,292 | $308K | 0.1% | 2025-Q1 stale |
| GTS SECURITIES LLC new | 11,395 | $294K | 0.1% | 2025-Q4 stale |
| PFG Advisors trimmed | 10,421 | $284K | 0.1% | 2025-Q1 stale |
| Cambridge Investment Research Advisors, Inc. trimmed | 9,623 | $254K | 0.1% | 2025-Q3 stale |
| Defined Financial Planning LLC trimmed | 9,381 | $246K | 0.1% | 2025-Q2 stale |
| INTERACTIVE FINANCIAL ADVISORS, INC. trimmed | 8,654 | $223K | 0.1% | 2025-Q2 stale |
| NVWM, LLC trimmed | 5,674 | $155K | 0.0% | 2025-Q1 stale |
| PMV Capital Advisers, LLC added | 5,282 | $136K | 0.0% | 2025-Q4 stale |
| TUCKER ASSET MANAGEMENT LLC new | 2,639 | $68K | 0.0% | 2025-Q4 stale |
| SIMPLEX TRADING, LLC added | 2,672 | $68K | 0.0% | 2025-Q2 stale |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 1,776 | $46K | 0.0% | 2025-Q4 stale |
| CIBC Private Wealth Group LLC added | 956 | $25K | 0.0% | 2025-Q4 stale |
| Kiker Wealth Management, LLC new | 600 | $16K | 0.0% | 2025-Q1 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.