Who owns WAL (WAL)
Which tracked institutional funds hold WAL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See WAL 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
84 tracked funds added or opened WAL while 155 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
WAL’s largest tracked holder by dollar value, VANGUARD GROUP INC, 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 WAL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in WAL 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 447 tracked filers holding WAL, 236 increased or opened the position and 229 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 WAL 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 33
- VANGUARD PORTFOLIO MANAGEMENT LLC$369M
- VANGUARD CAPITAL MANAGEMENT LLC$329M
- VANGUARD FIDUCIARY TRUST CO$46M
- S&G Foundation$27M
- HRT FINANCIAL LP$19M
- Bridgewater Associates, LP$14M
Full exits 27
- VANGUARD GROUP INC$855M
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$144M
- FJ Capital Management LLC$36M
- Hood River Capital Management LLC$21M
- TWO SIGMA ADVISERS, LP$14M
- Generate Investment Management Ltd$13M
Largest adds
- WELLINGTON MANAGEMENT GROUP LLP$142M
- ALLIANCEBERNSTEIN L.P.$64M
- MILLENNIUM MANAGEMENT LLC$43M
- T. Rowe Price Investment Management, Inc.$34M
- TWO SIGMA INVESTMENTS, LP$32M
- Squarepoint Ops LLC$28M
Largest trims
- BARROW HANLEY MEWHINNEY & STRAUSS LLC$375M
- BlackRock, Inc.$242M
- PRICE T ROWE ASSOCIATES INC /MD/$180M
- Invesco Ltd.$149M
- STATE STREET CORP$56M
- FMR LLC$52M
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 9,058,833 | $642M | 8.6% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 7,842,742 | $556M | 7.5% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 5,211,131 | $369M | 5.0% | 2026-Q1 |
| Invesco Ltd. trimmed | 5,002,976 | $354M | 4.8% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 4,701,265 | $333M | 4.5% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,650,457 | $329M | 4.4% | 2026-Q1 |
| STATE STREET CORP trimmed | 4,200,640 | $298M | 4.0% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 3,813,995 | $270M | 3.6% | 2026-Q1 |
| Davis Asset Management, L.P. added | 3,083,000 | $218M | 2.9% | 2026-Q1 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC trimmed | 2,362,939 | $167M | 2.2% | 2026-Q1 |
| FMR LLC trimmed | 2,361,281 | $167M | 2.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,114,811 | $150M | 2.0% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 1,868,672 | $132M | 1.8% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 1,706,328 | $121M | 1.6% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC trimmed | 1,372,535 | $97M | 1.3% | 2026-Q1 |
| NORGES BANK trimmed | 1,253,860 | $96M | 1.3% | 2026-Q1 |
| Smead Capital Management, Inc. trimmed | 1,355,591 | $96M | 1.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 1,008,275 | $85M | 1.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 984,221 | $70M | 0.9% | 2026-Q1 |
| Bank of New York Mellon Corp added | 919,739 | $65M | 0.9% | 2026-Q1 |
| MORGAN STANLEY trimmed | 916,920 | $65M | 0.9% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 891,509 | $63M | 0.8% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 901,768 | $63M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP added | 883,990 | $63M | 0.8% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 793,173 | $56M | 0.8% | 2026-Q1 |
| CINCINNATI INSURANCE CO | 725,000 | $51M | 0.7% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 693,809 | $49M | 0.7% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 682,909 | $48M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 644,499 | $46M | 0.6% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 638,398 | $45M | 0.6% | 2026-Q1 |
| Nuveen, LLC added | 630,904 | $45M | 0.6% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 538,917 | $38M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 462,050 | $33M | 0.4% | 2026-Q1 |
| UBS Group AG added | 433,742 | $31M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC added | 420,855 | $30M | 0.4% | 2026-Q1 |
| Stieven Capital Advisors, L.P. trimmed | 393,485 | $28M | 0.4% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 390,011 | $28M | 0.4% | 2026-Q1 |
| S&G Foundation new | 375,638 | $27M | 0.4% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 370,304 | $26M | 0.4% | 2026-Q1 |
| LOOMIS SAYLES & CO L P trimmed | 348,576 | $25M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 298,448 | $21M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 293,240 | $21M | 0.3% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 292,136 | $21M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 287,109 | $20M | 0.3% | 2026-Q1 |
| Global Frontier Investments LLC | 285,000 | $20M | 0.3% | 2026-Q1 |
| HRT FINANCIAL LP added | 267,776 | $19M | 0.3% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 252,324 | $18M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP added | 249,103 | $18M | 0.2% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 245,458 | $17M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 230,142 | $16M | 0.2% | 2026-Q1 |
| 683 Capital Management, LLC added | 225,000 | $16M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 220,556 | $16M | 0.2% | 2026-Q1 |
| BARCLAYS PLC added | 219,792 | $16M | 0.2% | 2026-Q1 |
| DNB Asset Management AS trimmed | 219,380 | $16M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 207,199 | $15M | 0.2% | 2026-Q1 |
| Swiss National Bank | 206,700 | $15M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 203,717 | $14M | 0.2% | 2026-Q1 |
| Stanley Capital Management, LLC | 192,000 | $14M | 0.2% | 2026-Q1 |
| Bridgewater Associates, LP added | 190,800 | $14M | 0.2% | 2026-Q1 |
| Focus Partners Wealth trimmed | 181,937 | $13M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 183,625 | $13M | 0.2% | 2026-Q1 |
| GLENMEDE TRUST CO NA trimmed | 168,267 | $12M | 0.2% | 2026-Q1 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. trimmed | 161,792 | $11M | 0.2% | 2026-Q1 |
| Man Group plc added | 160,666 | $11M | 0.2% | 2026-Q1 |
| THORNBURG INVESTMENT MANAGEMENT INC trimmed | 158,357 | $11M | 0.2% | 2026-Q1 |
| Gator Capital Management, LLC added | 152,700 | $11M | 0.1% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 150,000 | $11M | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 134,813 | $10M | 0.1% | 2026-Q1 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | 133,164 | $9M | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 129,798 | $9M | 0.1% | 2026-Q1 |
| Retirement Systems of Alabama added | 125,899 | $9M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 124,345 | $9M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 118,553 | $8M | 0.1% | 2026-Q1 |
| South Dakota Investment Council | 103,516 | $7M | 0.1% | 2026-Q1 |
| LHM, INC. trimmed | 98,675 | $7M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 10,166,957 | $855M | 11.5% | 2025-Q4 stale |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 1,711,503 | $144M | 1.9% | 2025-Q4 stale |
| 140 Summer Partners LP added | 780,978 | $61M | 0.8% | 2025-Q2 stale |
| MACQUARIE GROUP LTD added | 499,128 | $41M | 0.6% | 2025-Q3 stale |
| Artemis Investment Management LLP trimmed | 468,451 | $41M | 0.5% | 2025-Q3 stale |
| Driehaus Capital Management LLC trimmed | 513,165 | $39M | 0.5% | 2025-Q1 stale |
| FJ Capital Management LLC added | 432,672 | $36M | 0.5% | 2025-Q4 stale |
| JENNISON ASSOCIATES LLC trimmed | 344,540 | $30M | 0.4% | 2025-Q3 stale |
| WCM INVESTMENT MANAGEMENT, LLC added | 290,047 | $25M | 0.3% | 2025-Q3 stale |
| ARIEL INVESTMENTS, LLC trimmed | 258,384 | $22M | 0.3% | 2025-Q3 stale |
| Hood River Capital Management LLC trimmed | 246,208 | $21M | 0.3% | 2025-Q4 stale |
| CONGRESS ASSET MANAGEMENT CO added | 215,419 | $19M | 0.3% | 2025-Q3 stale |
| Glenmede Investment Management, LP trimmed | 201,581 | $17M | 0.2% | 2025-Q3 stale |
| Appaloosa LP new | 195,000 | $17M | 0.2% | 2025-Q3 stale |
| Verition Fund Management LLC added | 165,053 | $14M | 0.2% | 2025-Q3 stale |
| Point72 Europe (London) LLP added | 158,337 | $14M | 0.2% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP added | 161,200 | $14M | 0.2% | 2025-Q4 stale |
| Generate Investment Management Ltd added | 160,000 | $13M | 0.2% | 2025-Q4 stale |
| Hudson Bay Capital Management LP | 153,822 | $13M | 0.2% | 2025-Q4 stale |
| Rhino Investment Partners, Inc added | 143,702 | $12M | 0.2% | 2025-Q3 stale |
| Lighthouse Investment Partners, LLC trimmed | 131,332 | $11M | 0.2% | 2025-Q3 stale |
| Boston Partners trimmed | 131,416 | $10M | 0.1% | 2025-Q1 stale |
| Corebridge Financial, Inc. trimmed | 120,459 | $9M | 0.1% | 2025-Q1 stale |
| Cercano Management LLC trimmed | 90,774 | $8M | 0.1% | 2025-Q3 stale |
| ROYCE & ASSOCIATES LP trimmed | 83,819 | $7M | 0.1% | 2025-Q3 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.