Who owns WBIF
Which tracked institutional funds hold WBIF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See WBIF 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
3 tracked funds added or opened WBIF while 2 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
WBIF’s largest tracked holder by dollar value, WBI INVESTMENTS, LLC, sizes it at 4.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in WBIF 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 11 tracked filers holding WBIF, 4 increased or opened the position and 9 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 WBIF 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.
Full exits 2
- MILLINGTON SECURITIES, LLC$16M
- GTS SECURITIES LLC$1M
Largest adds
- Maridea Wealth Management LLC$1M
- WBI INVESTMENTS, LLC$714K
- ENVESTNET ASSET MANAGEMENT INC$263K
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 |
|---|---|---|---|---|
| WBI INVESTMENTS, LLC trimmed | 456,061 | $16M | 28.7% | 2026-Q2 |
| Maridea Wealth Management LLC trimmed | 421,854 | $15M | 26.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 71,060 | $3M | 4.5% | 2026-Q2 |
| Advyzon Investment Management, LLC added | 27,384 | $978K | 1.7% | 2026-Q2 |
| Ausdal Financial Partners, Inc. added | 27,384 | $978K | 1.7% | 2026-Q2 |
| LPL Financial LLC trimmed | 26,086 | $931K | 1.6% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 12,296 | $439K | 0.8% | 2026-Q2 |
| World Investment Advisors trimmed | 10,183 | $364K | 0.6% | 2026-Q2 |
| Institute for Wealth Management, LLC. new | 182 | $6K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 46 | $2K | 0.0% | 2026-Q2 |
| MORGAN STANLEY | 1 | $36 | 0.0% | 2026-Q2 |
| MILLINGTON SECURITIES, LLC new | 498,376 | $16M | 27.5% | 2026-Q1 stale (1 quarter behind) |
| GTS SECURITIES LLC added | 33,922 | $1M | 1.9% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 9,285 | $290K | 0.5% | 2026-Q1 stale (1 quarter behind) |
| BANK OF AMERICA CORP /DE/ new | 1,802 | $56K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC added | 30,960 | $963K | 1.7% | 2025-Q3 stale (3 quarters behind) |
| CITADEL ADVISORS LLC trimmed | 21,168 | $658K | 1.2% | 2025-Q3 stale (3 quarters behind) |
| FMR LLC new | 1 | $31 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Atria Wealth Solutions, Inc. trimmed | 9,605 | $282K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| Bank of New York Mellon Corp trimmed | 8,702 | $250K | 0.4% | 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.