Who owns VSDB
Which tracked institutional funds hold VSDB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VSDB company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
14 tracked funds added or opened VSDB while 7 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
VSDB’s largest tracked holder by dollar value, Orgel Wealth Management, LLC, sizes it at 11.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 11.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VSDB 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 51 tracked filers holding VSDB, 34 increased or opened the position and 18 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 VSDB 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 5
- TD Capital Management LLC$6M
- Entruity Wealth, LLC$5M
- Bell Bank$4M
- Balboa Wealth Partners$1M
- Worth Asset Management, LLC$728K
Full exits 4
- Integrated Wealth Concepts LLC$4M
- JANE STREET GROUP, LLC$1M
- HAZLETT, BURT & WATSON, INC.$804K
- Betterment LLC$582K
Largest adds
- Orgel Wealth Management, LLC$360M
- Beaird Harris Wealth Management, LLC$5M
- Werba Rubin Papier Wealth Management$2M
- CGN Advisors LLC$2M
- Keystone Financial Group, Inc.$925K
- COMMONWEALTH EQUITY SERVICES, LLC$607K
Largest trims
- EverSource Wealth Advisors, LLC$451K
- TD Waterhouse Canada Inc.$411K
- Englebert Financial Advisers, LLC$377K
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 |
|---|---|---|---|---|
| Orgel Wealth Management, LLC added | 8,199,393 | $626M | 86.1% | 2026-Q2 |
| Beaird Harris Wealth Management, LLC added | 203,992 | $16M | 2.1% | 2026-Q2 |
| CGN Advisors LLC added | 94,661 | $7M | 1.0% | 2026-Q2 |
| Werba Rubin Papier Wealth Management added | 92,933 | $7M | 1.0% | 2026-Q2 |
| TD Capital Management LLC new | 81,727 | $6M | 0.9% | 2026-Q2 |
| Keystone Financial Group, Inc. added | 60,314 | $5M | 0.6% | 2026-Q2 |
| Entruity Wealth, LLC new | 60,268 | $5M | 0.6% | 2026-Q2 |
| Bell Bank new | 55,494 | $4M | 0.6% | 2026-Q2 |
| Pinnacle Financial Group, LLC / IL added | 40,697 | $3M | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 26,562 | $2M | 0.3% | 2026-Q2 |
| TD Waterhouse Canada Inc. trimmed | 21,881 | $2M | 0.2% | 2026-Q2 |
| Robertson Stephens Wealth Management, LLC added | 21,227 | $2M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 21,156 | $2M | 0.2% | 2026-Q2 |
| Eldridge Investment Advisors, Inc. added | 16,440 | $1M | 0.2% | 2026-Q2 |
| North Star Investment Management Corp. trimmed | 16,249 | $1M | 0.2% | 2026-Q2 |
| Mills Wealth Advisors LLC trimmed | 14,509 | $1M | 0.2% | 2026-Q2 |
| Balboa Wealth Partners new | 14,337 | $1M | 0.2% | 2026-Q2 |
| BARNES PETTEY FINANCIAL ADVISORS, LLC | 12,998 | $992K | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 12,399 | $942K | 0.1% | 2026-Q2 |
| American Investment Services, Inc. added | 11,913 | $909K | 0.1% | 2026-Q2 |
| Englebert Financial Advisers, LLC trimmed | 11,902 | $909K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 11,889 | $908K | 0.1% | 2026-Q2 |
| STEEL GROVE CAPITAL ADVISORS, LLC added | 11,500 | $878K | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 11,052 | $844K | 0.1% | 2026-Q2 |
| Prospera Financial Services Inc trimmed | 10,560 | $806K | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC | 10,044 | $767K | 0.1% | 2026-Q2 |
| Worth Asset Management, LLC new | 9,541 | $728K | 0.1% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 6,848 | $523K | 0.1% | 2026-Q2 |
| Essex Financial Services, Inc. new | 5,690 | $434K | 0.1% | 2026-Q2 |
| Crusonia Wealth Advisors LLC new | 5,545 | $423K | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 5,418 | $414K | 0.1% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC | 5,100 | $389K | 0.1% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 4,585 | $350K | 0.0% | 2026-Q2 |
| Concurrent Investment Advisors, LLC new | 4,503 | $344K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 4,344 | $332K | 0.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC new | 4,013 | $306K | 0.0% | 2026-Q2 |
| Gutierrez Wealth Advisory, LLC added | 3,819 | $292K | 0.0% | 2026-Q2 |
| Burton Enright Welch new | 3,596 | $275K | 0.0% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC new | 3,416 | $261K | 0.0% | 2026-Q2 |
| Aegis Wealth Management LLC | 3,275 | $250K | 0.0% | 2026-Q2 |
| HBK Sorce Advisory LLC | 3,265 | $248K | 0.0% | 2026-Q2 |
| Concord Wealth Partners added | 3,060 | $234K | 0.0% | 2026-Q2 |
| CRA Financial Services, LLC new | 2,671 | $204K | 0.0% | 2026-Q2 |
| Aptus Capital Advisors, LLC trimmed | 2,446 | $187K | 0.0% | 2026-Q2 |
| Cornerstone National Bank & Trust Co | 2,151 | $163K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. new | 820 | $63K | 0.0% | 2026-Q2 |
| MORGAN STANLEY new | 359 | $27K | 0.0% | 2026-Q2 |
| Blue Trust, Inc. new | 324 | $25K | 0.0% | 2026-Q2 |
| VANGUARD ADVISERS INC trimmed | 96 | $7K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA | 70 | $5K | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC trimmed | 1 | $76 | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 55,970 | $4M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC added | 14,875 | $1M | 0.2% | 2026-Q1 stale (1 quarter behind) |
| HAZLETT, BURT & WATSON, INC. added | 10,496 | $804K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Betterment LLC new | 7,627 | $582K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Talisman Wealth Advisors LLC new | 3,970 | $303K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| SJS Investment Consulting Inc. new | 3,916 | $299K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 3,606 | $275K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC | 157 | $12K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| GOLDMAN SACHS GROUP INC new | 7,311 | $559K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| UBS Group AG trimmed | 43 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| VESTOR CAPITAL, LLC new | 178,432 | $14M | 1.9% | 2025-Q3 stale (3 quarters behind) |
| Westfuller Advisors, LLC new | 732 | $56K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Concord Asset Management, LLC/VA new | 2,936 | $224K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. new | 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.