Who owns USEP
Which tracked institutional funds hold USEP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See USEP company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-25). 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
9 tracked funds added or opened USEP while 8 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
USEP’s largest tracked holder by dollar value, Sovran Advisors, LLC, sizes it at 1.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in USEP 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 2026-Q1 and 2026-Q2, across 76 tracked filers holding USEP, 18 increased or opened the position and 43 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 USEP between the 2026-Q1 and 2026-Q2 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 1
- SteelPeak Wealth, LLC$841K
Full exits 4
- Cambridge Investment Research Advisors, Inc.$1M
- Creative Planning$1M
- SageView Advisory Group, LLC$1M
- HighTower Advisors, LLC$1M
Largest adds
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- Kellett Wealth Advisors, LLC$1M
- OLD MISSION CAPITAL LLC$671K
- C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors$670K
- Sovran Advisors, LLC$572K
- SIGNATUREFD, LLC$517K
Largest trims
- Kestra Advisory Services, LLC$988K
- KFG WEALTH MANAGEMENT, LLC$829K
- Spire Wealth Management$538K
- AssuredPartners Investment Advisors, LLC$266K
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 |
|---|---|---|---|---|
| Sovran Advisors, LLC trimmed | 559,190 | $23M | 17.3% | 2026-Q2 |
| Kellett Wealth Advisors, LLC trimmed | 511,597 | $21M | 15.8% | 2026-Q2 |
| SIGNATUREFD, LLC | 194,350 | $8M | 6.0% | 2026-Q2 |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors added | 155,052 | $6M | 4.8% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 91,945 | $4M | 2.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 89,215 | $4M | 2.7% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 74,023 | $3M | 2.3% | 2026-Q2 |
| CENTRAL VALLEY ADVISORS, LLC trimmed | 69,051 | $3M | 2.1% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 66,425 | $3M | 2.0% | 2026-Q2 |
| Spire Wealth Management trimmed | 62,273 | $3M | 1.9% | 2026-Q2 |
| KFG WEALTH MANAGEMENT, LLC trimmed | 61,459 | $3M | 1.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 59,811 | $2M | 1.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 52,559 | $2M | 1.6% | 2026-Q2 |
| Brookstone Capital Management trimmed | 44,905 | $2M | 1.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 43,737 | $2M | 1.3% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 38,765 | $2M | 1.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 37,728 | $2M | 1.2% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 35,624 | $1M | 1.1% | 2026-Q2 |
| Berger Financial Group, Inc trimmed | 30,449 | $1M | 0.9% | 2026-Q2 |
| Strategic Blueprint, LLC | 29,428 | $1M | 0.9% | 2026-Q2 |
| LPL Financial LLC added | 28,535 | $1M | 0.9% | 2026-Q2 |
| Arete Wealth Advisors, LLC trimmed | 26,793 | $1M | 0.8% | 2026-Q2 |
| FIDUCIARY FINANCIAL GROUP, LLC | 24,257 | $1M | 0.7% | 2026-Q2 |
| Prairie Wealth Advisors, Inc. | 0 | $888K | 0.7% | 2026-Q2 |
| SteelPeak Wealth, LLC new | 20,354 | $841K | 0.6% | 2026-Q2 |
| Foundations Investment Advisors, LLC trimmed | 19,621 | $811K | 0.6% | 2026-Q2 |
| First Commonwealth Financial Corp /PA/ | 19,327 | $799K | 0.6% | 2026-Q2 |
| Sageworth Trust Co trimmed | 18,817 | $778K | 0.6% | 2026-Q2 |
| Legacy Advisors, LLC trimmed | 18,817 | $778K | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 17,203 | $711K | 0.5% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 16,883 | $698K | 0.5% | 2026-Q2 |
| Bedel Financial Consulting, Inc. | 14,593 | $603K | 0.4% | 2026-Q2 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV | 12,843 | $531K | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 12,603 | $520K | 0.4% | 2026-Q2 |
| Trek Financial, LLC trimmed | 12,169 | $503K | 0.4% | 2026-Q2 |
| PFG Advisors trimmed | 11,933 | $493K | 0.4% | 2026-Q2 |
| Advus Financial Partners, LLC trimmed | 11,775 | $487K | 0.4% | 2026-Q2 |
| IMG Wealth Management, Inc. added | 10,093 | $417K | 0.3% | 2026-Q2 |
| First Heartland Consultants, Inc. new | 10,014 | $414K | 0.3% | 2026-Q2 |
| ATTICUS WEALTH MANAGEMENT, LLC | 10,000 | $413K | 0.3% | 2026-Q2 |
| Lantz Financial LLC trimmed | 9,430 | $390K | 0.3% | 2026-Q2 |
| Cornerstone Wealth Group, LLC | 9,416 | $389K | 0.3% | 2026-Q2 |
| Allworth Financial LP trimmed | 9,156 | $378K | 0.3% | 2026-Q2 |
| MTM FINANCIAL GROUP, LLC | 9,155 | $378K | 0.3% | 2026-Q2 |
| Outlook Wealth Advisors, LLC | 8,560 | $354K | 0.3% | 2026-Q2 |
| Sonoma Allocations LLC | 8,337 | $345K | 0.3% | 2026-Q2 |
| Archer Investment Corp trimmed | 8,022 | $332K | 0.2% | 2026-Q2 |
| Core Wealth Advisors, Inc. | 7,704 | $318K | 0.2% | 2026-Q2 |
| AE Wealth Management LLC added | 7,630 | $315K | 0.2% | 2026-Q2 |
| Continuum Advisory, LLC trimmed | 7,491 | $310K | 0.2% | 2026-Q2 |
| Physician Wealth Advisors, Inc. | 7,350 | $304K | 0.2% | 2026-Q2 |
| COLTON GROOME FINANCIAL ADVISORS, LLC | 6,321 | $261K | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 5,916 | $245K | 0.2% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 5,814 | $240K | 0.2% | 2026-Q2 |
| TopTier Wealth Management, LLC | 5,656 | $234K | 0.2% | 2026-Q2 |
| FC Advisory LLC | 5,656 | $234K | 0.2% | 2026-Q2 |
| AssuredPartners Investment Advisors, LLC trimmed | 5,617 | $232K | 0.2% | 2026-Q2 |
| Plum Street Advisors, LLC | 5,400 | $223K | 0.2% | 2026-Q2 |
| SILVER OAK SECURITIES, INCORPORATED new | 5,349 | $221K | 0.2% | 2026-Q2 |
| WorthPointe, LLC | 5,296 | $219K | 0.2% | 2026-Q2 |
| Vantage Point Financial LLC | 5,104 | $211K | 0.2% | 2026-Q2 |
| Accurate Wealth Management, LLC trimmed | 4,834 | $201K | 0.1% | 2026-Q2 |
| Truvestments Capital LLC | 4,339 | $179K | 0.1% | 2026-Q2 |
| Aptus Capital Advisors, LLC | 4,175 | $173K | 0.1% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. | 3,935 | $163K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 3,368 | $139K | 0.1% | 2026-Q2 |
| Arax Advisory Partners | 3,121 | $129K | 0.1% | 2026-Q2 |
| WealthShield Partners, LLC trimmed | 2,961 | $122K | 0.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 1,515 | $63K | 0.0% | 2026-Q2 |
| EVOLUTION WEALTH MANAGEMENT INC. | 1,311 | $54K | 0.0% | 2026-Q2 |
| Financial Network Wealth Advisors LLC trimmed | 703 | $29K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA | 500 | $21K | 0.0% | 2026-Q2 |
| TOUNJIAN ADVISORY PARTNERS, LLC new | 200 | $8K | 0.0% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 91 | $4K | 0.0% | 2026-Q2 |
| Keating Financial Advisory Services, Inc. | 62 | $3K | 0.0% | 2026-Q2 |
| UBS Group AG | 1 | $41 | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. trimmed | 32,321 | $1M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| Creative Planning new | 30,227 | $1M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| SageView Advisory Group, LLC | 30,227 | $1M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC | 25,999 | $1M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| Wood Tarver Financial Group, LLC trimmed | 11,543 | $446K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Composition Wealth, LLC | 9,015 | $349K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| GOLDMAN SACHS GROUP INC new | 5,831 | $225K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| RPS ADVISORY SOLUTIONS LLC trimmed | 5,779 | $223K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| GUARDIAN WEALTH ADVISORS, LLC / NC new | 4,175 | $161K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Capital Analysts, LLC trimmed | 1,812 | $70K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Talon Private Wealth, LLC trimmed | 1,271 | $49K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| BARCLAYS PLC added | 1,185 | $46K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Arkadios Wealth Advisors added | 14,554 | $572K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Garden State Investment Advisory Services LLC | 12,665 | $498K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| RIVERCHASE WEALTH MANAGEMENT, LLC | 10,356 | $407K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 9,348 | $369K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Chris Bulman Inc added | 6,851 | $269K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| GTS SECURITIES LLC trimmed | 5,134 | $202K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| IHT Wealth Management, LLC added | 30,330 | $1M | 0.9% | 2025-Q3 stale (3 quarters behind) |
| FOUNDERS FINANCIAL SECURITIES LLC new | 16,343 | $632K | 0.5% | 2025-Q3 stale (3 quarters behind) |
| Simplicity Wealth,LLC added | 167,338 | $6M | 4.6% | 2025-Q2 stale (4 quarters behind) |
| AVANTAX ADVISORY SERVICES, INC. | 11,489 | $423K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| PKS Advisory Services, LLC trimmed | 7,737 | $285K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| MORGAN STANLEY | 3,500 | $129K | 0.1% | 2025-Q2 stale (4 quarters behind) |
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.