Who owns UTWO
Which tracked institutional funds hold UTWO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See UTWO company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
18 tracked funds added or opened UTWO while 10 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
UTWO’s largest tracked holder by dollar value, MORGAN STANLEY, 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 UTWO more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in UTWO 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 72 tracked filers holding UTWO, 40 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 UTWO 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
- Federation des caisses Desjardins du Quebec$6M
- Insight Wealth Partners, LLC$3M
- 4WEALTH ADVISORS, INC.$1M
Full exits 1
- ROYAL BANK OF CANADA$596K
Largest adds
- MORGAN STANLEY$12M
- RAYMOND JAMES FINANCIAL INC$4M
- Stratos Wealth Partners, LTD.$2M
- CITADEL ADVISORS LLC$2M
- 49 WEALTH MANAGEMENT, LLC$1M
- Marshall & Sterling Wealth Advisors Inc.$703K
Largest trims
- F/m Investments LLC$2M
- Kraft, Davis & Associates, LLC$2M
- UBS Group AG$2M
- Tidal Investments LLC$708K
- MML INVESTORS SERVICES, LLC$615K
- INDEPENDENT FINANCIAL GROUP, LLC$393K
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 1,292,630 | $62M | 27.1% | 2026-Q1 |
| LPL Financial LLC added | 714,740 | $35M | 15.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 217,850 | $11M | 4.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 191,945 | $9M | 4.0% | 2026-Q1 |
| 49 WEALTH MANAGEMENT, LLC added | 185,038 | $9M | 3.9% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 174,138 | $8M | 3.7% | 2026-Q1 |
| UBS Group AG trimmed | 149,161 | $7M | 3.1% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec new | 131,392 | $6M | 2.8% | 2026-Q1 |
| Luminist Capital LLC added | 106,417 | $5M | 2.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 94,682 | $5M | 2.0% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 64,735 | $3M | 1.4% | 2026-Q1 |
| Marshall & Sterling Wealth Advisors Inc. added | 59,113 | $3M | 1.2% | 2026-Q1 |
| Insight Wealth Partners, LLC new | 58,908 | $3M | 1.2% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 58,388 | $3M | 1.2% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 7,812 | $3M | 1.2% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 48,496 | $2M | 1.0% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 43,202 | $2M | 0.9% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 38,133 | $2M | 0.8% | 2026-Q1 |
| INTEGRITY ALLIANCE, LLC. added | 35,717 | $2M | 0.7% | 2026-Q1 |
| 4WEALTH ADVISORS, INC. new | 30,641 | $1M | 0.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 30,573 | $1M | 0.6% | 2026-Q1 |
| KPP Advisory Services LLC | 28,869 | $1M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 27,016 | $1M | 0.6% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 23,247 | $1M | 0.5% | 2026-Q1 |
| HighPoint Advisor Group LLC added | 22,358 | $1M | 0.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 22,074 | $1M | 0.5% | 2026-Q1 |
| IFP Advisors, Inc added | 21,808 | $1M | 0.5% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 20,451 | $987K | 0.4% | 2026-Q1 |
| Curran Financial Partners, LLC trimmed | 19,198 | $927K | 0.4% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 17,381 | $839K | 0.4% | 2026-Q1 |
| WealthBridge Capital Management, LLC trimmed | 16,562 | $800K | 0.3% | 2026-Q1 |
| Empirical Asset Management, LLC trimmed | 15,105 | $729K | 0.3% | 2026-Q1 |
| LVW Advisors, LLC trimmed | 13,930 | $673K | 0.3% | 2026-Q1 |
| CoreCap Advisors, LLC added | 13,279 | $641K | 0.3% | 2026-Q1 |
| Tidal Investments LLC trimmed | 13,102 | $632K | 0.3% | 2026-Q1 |
| Stewardship Advisors, LLC | 11,089 | $535K | 0.2% | 2026-Q1 |
| Ameritas Advisory Services, LLC added | 9,014 | $435K | 0.2% | 2026-Q1 |
| Kovack Advisors, Inc. trimmed | 7,905 | $382K | 0.2% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 7,557 | $365K | 0.2% | 2026-Q1 |
| Weaver Consulting Group trimmed | 7,250 | $350K | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 6,851 | $331K | 0.1% | 2026-Q1 |
| WBI INVESTMENTS, LLC trimmed | 6,124 | $296K | 0.1% | 2026-Q1 |
| Cullen/Frost Bankers, Inc. | 5,750 | $278K | 0.1% | 2026-Q1 |
| Equitable Holdings, Inc. added | 5,540 | $269K | 0.1% | 2026-Q1 |
| F/m Investments LLC trimmed | 5,545 | $268K | 0.1% | 2026-Q1 |
| FELL CAPITAL MANAGEMENT /ADV trimmed | 5,175 | $250K | 0.1% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 5,028 | $243K | 0.1% | 2026-Q1 |
| PERSPECTIVE WEALTH ADVISORS LLC trimmed | 5,004 | $242K | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 4,921 | $238K | 0.1% | 2026-Q1 |
| BCS Private Wealth Management, Inc. | 4,700 | $227K | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 4,500 | $217K | 0.1% | 2026-Q1 |
| Kraft, Davis & Associates, LLC trimmed | 4,480 | $216K | 0.1% | 2026-Q1 |
| RFG Advisory, LLC new | 4,306 | $208K | 0.1% | 2026-Q1 |
| Maridea Wealth Management LLC trimmed | 4,257 | $206K | 0.1% | 2026-Q1 |
| Crews Bank & Trust trimmed | 4,130 | $199K | 0.1% | 2026-Q1 |
| Brentview Investment Management LLC | 4,000 | $193K | 0.1% | 2026-Q1 |
| CENTRAL TRUST Co | 3,400 | $164K | 0.1% | 2026-Q1 |
| Aptus Capital Advisors, LLC | 2,550 | $123K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 2,020 | $98K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 1,434 | $69K | 0.0% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ | 1,394 | $67K | 0.0% | 2026-Q1 |
| West Branch Capital LLC added | 569 | $27K | 0.0% | 2026-Q1 |
| PRIVATE TRUST CO NA trimmed | 500 | $24K | 0.0% | 2026-Q1 |
| FMR LLC added | 455 | $22K | 0.0% | 2026-Q1 |
| Advisory Services Network, LLC added | 381 | $18K | 0.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 250 | $12K | 0.0% | 2026-Q1 |
| Allworth Financial LP | 183 | $9K | 0.0% | 2026-Q1 |
| FLOW TRADERS U.S. LLC added | 149,882 | $7M | 3.2% | 2025-Q1 stale |
| Sanctuary Advisors, LLC | 78,553 | $4M | 1.7% | 2025-Q3 stale |
| Atria Investments, Inc added | 75,709 | $4M | 1.6% | 2025-Q1 stale |
| Mutual Advisors, LLC new | 41,707 | $2M | 0.9% | 2025-Q1 stale |
| JANE STREET GROUP, LLC trimmed | 28,592 | $1M | 0.6% | 2025-Q3 stale |
| SFG Wealth Management, LLC. added | 25,473 | $1M | 0.5% | 2025-Q1 stale |
| PARK AVENUE SECURITIES LLC new | 24,368 | $1M | 0.5% | 2025-Q3 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 21,945 | $1M | 0.5% | 2025-Q3 stale |
| Wealthquest Corp trimmed | 13,516 | $655K | 0.3% | 2025-Q1 stale |
| ROYAL BANK OF CANADA added | 12,261 | $596K | 0.3% | 2025-Q4 stale |
| RITHOLTZ WEALTH MANAGEMENT added | 11,633 | $565K | 0.2% | 2025-Q2 stale |
| Flagship Private Wealth, LLC | 6,890 | $334K | 0.1% | 2025-Q1 stale |
| J.W. COLE ADVISORS, INC. trimmed | 6,614 | $321K | 0.1% | 2025-Q2 stale |
| TOWNSQUARE CAPITAL LLC added | 6,621 | $321K | 0.1% | 2025-Q1 stale |
| Heck Capital Advisors, LLC trimmed | 6,463 | $314K | 0.1% | 2025-Q3 stale |
| Financial Advocates Investment Management trimmed | 5,400 | $262K | 0.1% | 2025-Q2 stale |
| PLANWISER FINANCIAL, LLC new | 5,121 | $249K | 0.1% | 2025-Q4 stale |
| Revolve Wealth Partners, LLC | 4,902 | $238K | 0.1% | 2025-Q2 stale |
| THOROUGHBRED FINANCIAL SERVICES, LLC trimmed | 4,881 | $237K | 0.1% | 2025-Q4 stale |
| Vontobel Holding Ltd. | 4,874 | $237K | 0.1% | 2025-Q2 stale |
| Spinnaker Investment Group, LLC trimmed | 4,834 | $234K | 0.1% | 2025-Q1 stale |
| Valtinson Bruner Financial Planning LLC trimmed | 4,746 | $230K | 0.1% | 2025-Q1 stale |
| O'ROURKE & COMPANY, Inc added | 4,454 | $216K | 0.1% | 2025-Q4 stale |
| Savvy Advisors, Inc. new | 4,359 | $212K | 0.1% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 4,265 | $207K | 0.1% | 2025-Q2 stale |
| PRINCIPAL SECURITIES, INC. | 3,416 | $164K | 0.1% | 2025-Q1 stale |
| Alpine Bank Wealth Management | 3,200 | $155K | 0.1% | 2025-Q3 stale |
| Realta Investment Advisors trimmed | 3,020 | $147K | 0.1% | 2025-Q3 stale |
| COMERICA BANK trimmed | 1,434 | $70K | 0.0% | 2025-Q4 stale |
| TUCKER ASSET MANAGEMENT LLC trimmed | 669 | $32K | 0.0% | 2025-Q4 stale |
| Central Pacific Bank - Trust Division trimmed | 518 | $25K | 0.0% | 2025-Q4 stale |
| Global Retirement Partners, LLC trimmed | 412 | $20K | 0.0% | 2025-Q4 stale |
| CITIGROUP INC new | 246 | $12K | 0.0% | 2025-Q4 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.