Who owns VSDA
Which tracked institutional funds hold VSDA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VSDA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
The tracked-fund tape on VSDA is one-sided between 2026-Q1 and 2026-Q2: 14 added or opened and 2 trimmed or exited — on balance accumulating.
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
VSDA’s largest tracked holder by dollar value, GREAT VALLEY ADVISOR GROUP, INC., sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VSDA 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 46 tracked filers holding VSDA, 24 increased or opened the position and 22 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 VSDA 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 3
- Kingsview Wealth Management, LLC$9M
- FIDUCIARY FINANCIAL ADVISORS$6M
- Global Retirement Partners, LLC$671K
Full exits 1
- Cambridge Investment Research Advisors, Inc.$3M
Largest adds
- GREAT VALLEY ADVISOR GROUP, INC.$4M
- Pinnacle Financial Partners, Inc.$2M
- Farther Finance Advisors, LLC$2M
- MORGAN STANLEY$989K
- Investors Research Corp$926K
- ROYAL BANK OF CANADA$739K
Largest trims
- DDD Partners, 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 |
|---|---|---|---|---|
| GREAT VALLEY ADVISOR GROUP, INC. added | 847,849 | $49M | 23.5% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. added | 573,111 | $33M | 15.9% | 2026-Q2 |
| Investors Research Corp trimmed | 297,940 | $17M | 8.2% | 2026-Q2 |
| MORGAN STANLEY added | 260,634 | $15M | 7.2% | 2026-Q2 |
| Kingsview Wealth Management, LLC new | 152,574 | $9M | 4.2% | 2026-Q2 |
| LPL Financial LLC trimmed | 120,296 | $7M | 3.3% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 100,074 | $6M | 2.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 98,261 | $6M | 2.7% | 2026-Q2 |
| Gladstone Institutional Advisory LLC added | 98,179 | $6M | 2.7% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 59,755 | $3M | 1.7% | 2026-Q2 |
| MONEY CONCEPTS CAPITAL CORP trimmed | 33,847 | $2M | 0.9% | 2026-Q2 |
| DDD Partners, LLC trimmed | 32,884 | $2M | 0.9% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 32,550 | $2M | 0.9% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 29,241 | $2M | 0.8% | 2026-Q2 |
| Keystone Financial Group added | 24,137 | $1M | 0.7% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 23,507 | $1M | 0.7% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 22,808 | $1M | 0.6% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 21,978 | $1M | 0.6% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 16,947 | $986K | 0.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 16,180 | $941K | 0.4% | 2026-Q2 |
| Apella Capital, LLC trimmed | 15,225 | $900K | 0.4% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 14,579 | $848K | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 13,029 | $758K | 0.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 12,788 | $744K | 0.4% | 2026-Q2 |
| Global Retirement Partners, LLC trimmed | 11,530 | $671K | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 11,459 | $667K | 0.3% | 2026-Q2 |
| Landmark Wealth Management, LLC added | 10,793 | $628K | 0.3% | 2026-Q2 |
| Allworth Financial LP | 8,217 | $478K | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC new | 7,350 | $428K | 0.2% | 2026-Q2 |
| Strategic Blueprint, LLC trimmed | 6,739 | $392K | 0.2% | 2026-Q2 |
| Athena Wealth Management, LLC trimmed | 6,730 | $392K | 0.2% | 2026-Q2 |
| QTR Family Wealth, LLC trimmed | 6,635 | $386K | 0.2% | 2026-Q2 |
| Hilltop Holdings Inc. trimmed | 5,376 | $313K | 0.1% | 2026-Q2 |
| Invariant Investment Management | 5,160 | $305K | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 4,458 | $259K | 0.1% | 2026-Q2 |
| Focus Financial Network, Inc. trimmed | 4,054 | $236K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 1,300 | $76K | 0.0% | 2026-Q2 |
| PRIVATE TRUST CO NA | 541 | $31K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP | 503 | $29K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 452 | $26K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 250 | $15K | 0.0% | 2026-Q2 |
| TD Capital Management LLC added | 135 | $8K | 0.0% | 2026-Q2 |
| Clearstead Advisors, LLC new | 135 | $8K | 0.0% | 2026-Q2 |
| FMR LLC added | 126 | $7K | 0.0% | 2026-Q2 |
| WPG Advisers, LLC | 65 | $4K | 0.0% | 2026-Q2 |
| Abound Wealth Management trimmed | 53 | $3K | 0.0% | 2026-Q2 |
| Cambridge Investment Research Advisors, Inc. added | 56,589 | $3M | 1.5% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC | 2,195 | $120K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Western Wealth Management, LLC trimmed | 930 | $51K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Sunbelt Securities, Inc. | 575 | $31K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC new | 481 | $26K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Scarborough Advisors, LLC added | 234 | $13K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Coston, McIsaac & Partners | 91 | $5K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| AE Wealth Management LLC new | 82 | $4K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Kestra Advisory Services, LLC new | 2,270 | $120K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Empowered Funds, LLC new | 1,837 | $97K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| JPMORGAN CHASE & CO added | 200 | $11K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Pinnacle Financial Partners Inc added | 529,031 | $28M | 13.5% | 2025-Q3 stale (3 quarters behind) |
| FLOW TRADERS U.S. LLC new | 5,754 | $308K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| GPS Wealth Strategies Group, LLC added | 3,405 | $182K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| GOLDMAN SACHS GROUP INC added | 49,725 | $3M | 1.2% | 2025-Q2 stale (4 quarters behind) |
| Intelligent Financial Strategies new | 460 | $24K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Brooklyn Investment Group | 322 | $17K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| IFP Advisors, Inc | 300 | $16K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CWM, LLC new | 232 | $12K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.