Who owns VNLA (VNLA)
Which tracked institutional funds hold VNLA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VNLA 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
60 tracked funds added or opened VNLA while 46 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
VNLA’s largest tracked holder by dollar value, AE Wealth Management LLC, sizes it at 2.1% of its own reported 13F book, while the median holder sizes it at 0.4% 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 VNLA 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 242 tracked filers holding VNLA, 140 increased or opened the position and 99 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 VNLA 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 8
- 49 WEALTH MANAGEMENT, LLC$8M
- FIFTH THIRD BANCORP$2M
- DAGCO, INC.$1M
- Ameritas Advisory Services, LLC$1M
- D.A. DAVIDSON & CO.$985K
- DAVENPORT & Co LLC$846K
Full exits 9
- PCG Wealth Advisors, LLC$4M
- Friedenthal Financial$4M
- Hershey Financial Advisers, LLC$4M
- Prime Capital Investment Advisors, LLC$3M
- Global Retirement Partners, LLC$2M
- COMERICA BANK$2M
Largest adds
- RAYMOND JAMES FINANCIAL INC$43M
- LPL Financial LLC$31M
- Geneos Wealth Management Inc.$29M
- WELLS FARGO & COMPANY/MN$20M
- AE Wealth Management LLC$19M
- MORGAN STANLEY$17M
Largest trims
- Stablepoint Partners, LLC$9M
- Hidden Cove Wealth Management, LLC$8M
- Auour Investments LLC$7M
- Vigilare Wealth Management$5M
- ELEVATUS WELATH MANAGEMENT$5M
- Greenwich Wealth Management LLC$4M
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 |
|---|---|---|---|---|
| AE Wealth Management LLC added | 7,914,443 | $387M | 16.2% | 2026-Q1 |
| MORGAN STANLEY added | 6,540,667 | $320M | 13.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 4,500,053 | $220M | 9.2% | 2026-Q1 |
| LPL Financial LLC added | 3,686,913 | $180M | 7.6% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,861,669 | $140M | 5.9% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 2,141,905 | $105M | 4.4% | 2026-Q1 |
| Kensington Asset Management, LLC | 1,502,049 | $74M | 3.1% | 2026-Q1 |
| Private Advisor Group, LLC added | 1,400,840 | $68M | 2.9% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 1,320,952 | $65M | 2.7% | 2026-Q1 |
| TEXAS TREASURY SAFEKEEPING TRUST CO | 686,991 | $34M | 1.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 684,326 | $33M | 1.4% | 2026-Q1 |
| CWM, LLC added | 679,451 | $33M | 1.4% | 2026-Q1 |
| Schneider Downs Wealth Management Advisors, LP trimmed | 643,344 | $31M | 1.3% | 2026-Q1 |
| Ritter Daniher Financial Advisory LLC / DE added | 585,593 | $29M | 1.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 580,556 | $28M | 1.2% | 2026-Q1 |
| Sovereign Investment Advisors, LLC trimmed | 542,221 | $27M | 1.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 456,113 | $22M | 0.9% | 2026-Q1 |
| Richmond Investment Services, LLC added | 450,751 | $22M | 0.9% | 2026-Q1 |
| COURIER CAPITAL LLC added | 446,268 | $22M | 0.9% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 380,989 | $19M | 0.8% | 2026-Q1 |
| Buck Wealth Strategies, LLC added | 380,404 | $19M | 0.8% | 2026-Q1 |
| Financial Enhancement Group LLC added | 362,396 | $18M | 0.7% | 2026-Q1 |
| Accel Wealth Management added | 344,628 | $17M | 0.7% | 2026-Q1 |
| Trail Ridge Investment Advisors, LLC added | 343,222 | $17M | 0.7% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 325,735 | $16M | 0.7% | 2026-Q1 |
| Leelyn Smith, LLC trimmed | 292,366 | $14M | 0.6% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC trimmed | 286,317 | $14M | 0.6% | 2026-Q1 |
| Dynamic Advisor Solutions LLC added | 279,601 | $14M | 0.6% | 2026-Q1 |
| Sovran Advisors, LLC added | 270,964 | $13M | 0.6% | 2026-Q1 |
| Greenwich Wealth Management LLC trimmed | 269,053 | $13M | 0.6% | 2026-Q1 |
| Rise Advisors, LLC added | 265,576 | $13M | 0.5% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 237,042 | $12M | 0.5% | 2026-Q1 |
| KMG FIDUCIARY PARTNERS, LLC added | 235,083 | $11M | 0.5% | 2026-Q1 |
| Burford Brothers, Inc. added | 231,872 | $11M | 0.5% | 2026-Q1 |
| Three Magnolias Financial Advisors, LLC added | 215,519 | $11M | 0.4% | 2026-Q1 |
| Coastal Bridge Advisors, LLC trimmed | 210,184 | $10M | 0.4% | 2026-Q1 |
| Waverly Advisors, LLC added | 190,952 | $9M | 0.4% | 2026-Q1 |
| OneDigital Investment Advisors LLC trimmed | 180,845 | $9M | 0.4% | 2026-Q1 |
| 49 WEALTH MANAGEMENT, LLC new | 160,304 | $8M | 0.3% | 2026-Q1 |
| Clear Trail Advisors, LLC added | 153,833 | $8M | 0.3% | 2026-Q1 |
| Cetera Investment Advisers added | 144,542 | $7M | 0.3% | 2026-Q1 |
| Peak Asset Management, LLC added | 143,489 | $7M | 0.3% | 2026-Q1 |
| FORTEM FINANCIAL GROUP, LLC trimmed | 139,775 | $7M | 0.3% | 2026-Q1 |
| Vigilare Wealth Management trimmed | 135,239 | $7M | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 122,199 | $6M | 0.3% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 115,624 | $6M | 0.2% | 2026-Q1 |
| First Financial Group Corp trimmed | 114,948 | $6M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 110,569 | $5M | 0.2% | 2026-Q1 |
| Golden State Wealth Management, LLC trimmed | 109,018 | $5M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 105,939 | $5M | 0.2% | 2026-Q1 |
| LifeWealth Investments, LLC added | 103,241 | $5M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 99,060 | $5M | 0.2% | 2026-Q1 |
| Boomfish Wealth Group, LLC added | 96,674 | $5M | 0.2% | 2026-Q1 |
| Creative Planning trimmed | 96,639 | $5M | 0.2% | 2026-Q1 |
| Hidden Cove Wealth Management, LLC trimmed | 92,914 | $5M | 0.2% | 2026-Q1 |
| TOUNJIAN ADVISORY PARTNERS, LLC trimmed | 90,580 | $4M | 0.2% | 2026-Q1 |
| Bleakley Financial Group, LLC added | 88,950 | $4M | 0.2% | 2026-Q1 |
| HOWLAND CAPITAL MANAGEMENT LLC trimmed | 88,303 | $4M | 0.2% | 2026-Q1 |
| PARTNERS WEALTH MANAGEMENT, LLC trimmed | 88,639 | $4M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 86,279 | $4M | 0.2% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 81,435 | $4M | 0.2% | 2026-Q1 |
| Cape Investment Advisory, Inc. added | 80,083 | $4M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 79,974 | $4M | 0.2% | 2026-Q1 |
| Bensler, LLC trimmed | 77,121 | $4M | 0.2% | 2026-Q1 |
| &PARTNERS added | 74,098 | $4M | 0.2% | 2026-Q1 |
| Pinnacle Financial Partners, Inc. added | 74,887 | $4M | 0.2% | 2026-Q1 |
| Wealthcare Advisory Partners LLC added | 74,027 | $4M | 0.2% | 2026-Q1 |
| MOSAIC FAMILY WEALTH PARTNERS, LLC added | 72,300 | $4M | 0.1% | 2026-Q1 |
| Elevated Capital Advisors, LLC trimmed | 70,391 | $3M | 0.1% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 67,315 | $3M | 0.1% | 2026-Q1 |
| Redwood Financial Network Corp added | 66,957 | $3M | 0.1% | 2026-Q1 |
| Strategic Family Wealth Counselors, L.L.C. added | 66,117 | $3M | 0.1% | 2026-Q1 |
| PARSONS CAPITAL MANAGEMENT INC/RI added | 65,416 | $3M | 0.1% | 2026-Q1 |
| Bedel Financial Consulting, Inc. added | 64,776 | $3M | 0.1% | 2026-Q1 |
| Caliber Wealth Management, LLC / KS added | 64,140 | $3M | 0.1% | 2026-Q1 |
| ELEVATUS WELATH MANAGEMENT trimmed | 63,364 | $3M | 0.1% | 2026-Q1 |
| MATTERN CAPITAL MANAGEMENT, LLC added | 57,761 | $3M | 0.1% | 2026-Q1 |
| Stablepoint Partners, LLC trimmed | 57,596 | $3M | 0.1% | 2026-Q1 |
| Bridgewealth Advisory Group, LLC added | 55,103 | $3M | 0.1% | 2026-Q1 |
| RAHLFS CAPITAL, LLC | 55,000 | $3M | 0.1% | 2026-Q1 |
| Apollon Wealth Management, LLC added | 54,405 | $3M | 0.1% | 2026-Q1 |
| Clear Creek Financial Management, LLC added | 53,793 | $3M | 0.1% | 2026-Q1 |
| Focus Financial Network, Inc. added | 53,649 | $3M | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 52,670 | $3M | 0.1% | 2026-Q1 |
| Cottage Street Advisors LLC added | 51,718 | $3M | 0.1% | 2026-Q1 |
| BLUE JEAN FINANCIAL LLC added | 51,424 | $3M | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 49,287 | $2M | 0.1% | 2026-Q1 |
| Unified Investment Management added | 48,952 | $2M | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 48,791 | $2M | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 48,301 | $2M | 0.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 549,915 | $27M | 1.1% | 2025-Q2 stale |
| CITADEL ADVISORS LLC added | 210,115 | $10M | 0.4% | 2025-Q3 stale |
| Redhawk Wealth Advisors, Inc. trimmed | 159,196 | $8M | 0.3% | 2025-Q3 stale |
| JANE STREET GROUP, LLC added | 98,061 | $5M | 0.2% | 2025-Q3 stale |
| PCG Wealth Advisors, LLC added | 87,910 | $4M | 0.2% | 2025-Q4 stale |
| Friedenthal Financial trimmed | 85,761 | $4M | 0.2% | 2025-Q4 stale |
| Hershey Financial Advisers, LLC new | 84,254 | $4M | 0.2% | 2025-Q4 stale |
| Live Oak Investment Partners trimmed | 72,257 | $3M | 0.1% | 2025-Q3 stale |
| Prime Capital Investment Advisors, LLC trimmed | 64,712 | $3M | 0.1% | 2025-Q4 stale |
| Global Retirement Partners, LLC trimmed | 48,002 | $2M | 0.1% | 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.