Who owns XAR
Which tracked institutional funds hold XAR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XAR company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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
158 tracked funds added or opened XAR while 55 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
XAR’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in XAR 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 595 tracked filers holding XAR, 330 increased or opened the position and 212 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 XAR 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 18
- Maloon Powers Pitre Higgins & Dennehy, LLC$10M
- Fortis Group Advisors, LLC$5M
- Silverleafe Capital Partners, LLC$4M
- Bleakley Financial Group, LLC$3M
- Wealthspire Advisors, LLC$3M
- Coppell Advisory Solutions LLC$2M
Full exits 33
- Mirae Asset Global Investments Co., Ltd.$48M
- CWM, LLC$32M
- Cambridge Investment Research Advisors, Inc.$29M
- Horizon Wealth Management, LLC$17M
- Janney Montgomery Scott LLC$10M
- HighTower Advisors, LLC$9M
Largest adds
- LPL Financial LLC$70M
- WELLS FARGO & COMPANY/MN$50M
- BANK OF AMERICA CORP /DE/$30M
- MORGAN STANLEY$26M
- JPMORGAN CHASE & CO$24M
- AMERIPRISE FINANCIAL INC$20M
Largest trims
- BNP PARIBAS FINANCIAL MARKETS$15M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$9M
- Point Nemo Capital, LLC$5M
- MEITAV INVESTMENT HOUSE LTD$5M
- Tower Research Capital LLC (TRC)$4M
- Migdal Insurance & Financial Holdings Ltd.$4M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| LPL Financial LLC added | 1,454,537 | $413M | 16.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 881,929 | $250M | 9.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 866,092 | $246M | 9.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 599,395 | $170M | 6.7% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 280,520 | $80M | 3.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 259,178 | $74M | 2.9% | 2026-Q2 |
| UBS Group AG added | 256,859 | $73M | 2.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 209,691 | $60M | 2.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 185,880 | $53M | 2.1% | 2026-Q2 |
| Howard Capital Management Group, LLC trimmed | 184,408 | $52M | 2.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 180,518 | $51M | 2.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 178,971 | $50M | 1.9% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 173,177 | $49M | 1.9% | 2026-Q2 |
| AFFINITY WEALTH MANAGEMENT LLC trimmed | 156,609 | $44M | 1.7% | 2026-Q2 |
| Cetera Investment Advisers added | 145,795 | $41M | 1.6% | 2026-Q2 |
| Enclave Advisors LLC added | 143,072 | $41M | 1.6% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 143,045 | $41M | 1.6% | 2026-Q2 |
| Gerber Kawasaki Wealth & Investment Management added | 123,156 | $35M | 1.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 118,572 | $34M | 1.3% | 2026-Q2 |
| Robinhood Asset Management, LLC added | 117,413 | $33M | 1.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 102,923 | $29M | 1.1% | 2026-Q2 |
| Teamwork Financial Advisors, LLC added | 84,616 | $24M | 0.9% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 80,750 | $23M | 0.9% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 78,782 | $22M | 0.9% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 77,451 | $21M | 0.8% | 2026-Q2 |
| Kingsview Wealth Management, LLC added | 74,618 | $21M | 0.8% | 2026-Q2 |
| CUMBERLAND ADVISORS INC trimmed | 72,577 | $21M | 0.8% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 67,272 | $19M | 0.8% | 2026-Q2 |
| Warner Group LLC added | 65,204 | $19M | 0.7% | 2026-Q2 |
| WESPAC Advisors SoCal, LLC added | 50,425 | $14M | 0.6% | 2026-Q2 |
| Focus Partners Wealth added | 48,491 | $14M | 0.5% | 2026-Q2 |
| ARMSTRONG ADVISORY GROUP, INC added | 48,295 | $14M | 0.5% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 41,888 | $12M | 0.5% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 40,666 | $12M | 0.5% | 2026-Q2 |
| Quadrature Capital Ltd added | 38,899 | $11M | 0.4% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 35,928 | $10M | 0.4% | 2026-Q2 |
| Wealthfront Advisers LLC added | 35,555 | $10M | 0.4% | 2026-Q2 |
| Maloon Powers Pitre Higgins & Dennehy, LLC new | 35,536 | $10M | 0.4% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 34,609 | $10M | 0.4% | 2026-Q2 |
| FLC Capital Advisors trimmed | 33,637 | $10M | 0.4% | 2026-Q2 |
| CoreCap Advisors, LLC trimmed | 33,083 | $9M | 0.4% | 2026-Q2 |
| BOURGEON CAPITAL MANAGEMENT LLC trimmed | 32,764 | $9M | 0.4% | 2026-Q2 |
| Y.D. More Investments Ltd added | 32,470 | $9M | 0.4% | 2026-Q2 |
| HBW ADVISORY SERVICES LLC added | 31,696 | $9M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 31,570 | $9M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 31,258 | $9M | 0.3% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 30,964 | $9M | 0.3% | 2026-Q2 |
| Waverly Advisors, LLC added | 30,132 | $9M | 0.3% | 2026-Q2 |
| IHT Wealth Management, LLC added | 29,702 | $8M | 0.3% | 2026-Q2 |
| HighPoint Advisor Group LLC added | 29,304 | $8M | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC added | 29,004 | $8M | 0.3% | 2026-Q2 |
| SOUTHERN CAPITAL SERVICES INC /ADV added | 27,331 | $8M | 0.3% | 2026-Q2 |
| Creative Planning trimmed | 25,035 | $7M | 0.3% | 2026-Q2 |
| Corient Private Wealth LP added | 24,756 | $7M | 0.3% | 2026-Q2 |
| NewEdge Advisors, LLC added | 24,342 | $7M | 0.3% | 2026-Q2 |
| Mutual Advisors, LLC added | 23,990 | $7M | 0.3% | 2026-Q2 |
| Fifth Third Securities, Inc. added | 21,105 | $6M | 0.2% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 20,611 | $6M | 0.2% | 2026-Q2 |
| Snowden Capital Advisors LLC added | 20,558 | $6M | 0.2% | 2026-Q2 |
| Perigon Wealth Management, LLC added | 20,440 | $6M | 0.2% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 20,166 | $6M | 0.2% | 2026-Q2 |
| McGuire Investment Group, LLC added | 19,995 | $6M | 0.2% | 2026-Q2 |
| VIEWPOINT INVESTMENT PARTNERS CORP trimmed | 19,904 | $6M | 0.2% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 19,457 | $6M | 0.2% | 2026-Q2 |
| BROWN ADVISORY INC added | 19,095 | $5M | 0.2% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 18,995 | $5M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 18,882 | $5M | 0.2% | 2026-Q2 |
| Arax Advisory Partners added | 18,715 | $5M | 0.2% | 2026-Q2 |
| Fortis Group Advisors, LLC new | 18,396 | $5M | 0.2% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD trimmed | 17,635 | $5M | 0.2% | 2026-Q2 |
| Norris Financial Group, LLC added | 17,568 | $5M | 0.2% | 2026-Q2 |
| Hobart Private Capital, LLC added | 17,531 | $5M | 0.2% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 17,363 | $5M | 0.2% | 2026-Q2 |
| PINNACLE ASSOCIATES LTD added | 17,177 | $5M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 17,117 | $5M | 0.2% | 2026-Q2 |
| &PARTNERS added | 16,927 | $5M | 0.2% | 2026-Q2 |
| Pacific Sun Financial Corp trimmed | 16,679 | $5M | 0.2% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 16,525 | $5M | 0.2% | 2026-Q2 |
| Jump Financial, LLC added | 16,267 | $5M | 0.2% | 2026-Q2 |
| Gladstone Institutional Advisory LLC added | 16,137 | $5M | 0.2% | 2026-Q2 |
| Silverleafe Capital Partners, LLC new | 15,543 | $4M | 0.2% | 2026-Q2 |
| INNEALTA CAPITAL, LLC | 15,234 | $4M | 0.2% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 14,636 | $4M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 14,085 | $4M | 0.2% | 2026-Q2 |
| WealthSpring Partners, LLC added | 14,075 | $4M | 0.2% | 2026-Q2 |
| Cavalier Investments, LLC | 13,804 | $4M | 0.2% | 2026-Q2 |
| NovaPoint Capital, LLC trimmed | 13,338 | $4M | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 12,995 | $4M | 0.1% | 2026-Q2 |
| Cornerstone Wealth Management, LLC added | 12,776 | $4M | 0.1% | 2026-Q2 |
| Yelin Lapidot Holdings Management Ltd. | 12,500 | $4M | 0.1% | 2026-Q2 |
| Ausdal Financial Partners, Inc. trimmed | 12,354 | $4M | 0.1% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC added | 12,222 | $3M | 0.1% | 2026-Q2 |
| Buska Wealth Management, LLC trimmed | 12,076 | $3M | 0.1% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 11,847 | $3M | 0.1% | 2026-Q2 |
| FMR LLC added | 11,648 | $3M | 0.1% | 2026-Q2 |
| Bleakley Financial Group, LLC new | 11,648 | $3M | 0.1% | 2026-Q2 |
| NCM Capital Management, LLC trimmed | 11,366 | $3M | 0.1% | 2026-Q2 |
| Keystone Global Partners, LLC added | 11,330 | $3M | 0.1% | 2026-Q2 |
| Spinnaker Investment Group, LLC added | 11,274 | $3M | 0.1% | 2026-Q2 |
| Retirement Planning Group, LLC added | 11,137 | $3M | 0.1% | 2026-Q2 |
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.