Who owns XBIL
Which tracked institutional funds hold XBIL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XBIL company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
21 tracked funds added or opened XBIL while 21 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
XBIL’s largest tracked holder by dollar value, LPL Financial LLC, 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 XBIL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in XBIL 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 98 tracked filers holding XBIL, 46 increased or opened the position and 56 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 XBIL 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 6
- Transcendent Capital Group LLC$6M
- Independent Advisor Alliance$2M
- FLOW TRADERS U.S. LLC$922K
- JPMORGAN CHASE & CO$512K
- Emerald Investment Advisers, LLC$510K
- IBEX WEALTH ADVISORS$504K
Full exits 2
- BARCLAYS PLC$3M
- Lebenthal Global Advisors, LLC$903K
Largest adds
- Stratos Wealth Partners, LTD.$11M
- MORGAN STANLEY$8M
- TRUIST FINANCIAL CORP$6M
- LPL Financial LLC$5M
- Moors & Cabot, Inc.$4M
- Alpine Bank Wealth Management$3M
Largest trims
- Cetera Investment Advisers$15M
- ACORN FINANCIAL ADVISORY SERVICES INC /ADV$10M
- F/m Investments LLC$5M
- COMMONWEALTH EQUITY SERVICES, LLC$4M
- MML INVESTORS SERVICES, LLC$3M
- STIFEL FINANCIAL CORP$3M
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 |
|---|---|---|---|---|
| LPL Financial LLC added | 2,363,241 | $118M | 28.3% | 2026-Q1 |
| UBS Group AG added | 542,444 | $27M | 6.5% | 2026-Q1 |
| ACORN FINANCIAL ADVISORY SERVICES INC /ADV trimmed | 353,357 | $18M | 4.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 335,531 | $17M | 4.0% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 331,948 | $17M | 4.0% | 2026-Q1 |
| MORGAN STANLEY added | 292,072 | $15M | 3.5% | 2026-Q1 |
| Moors & Cabot, Inc. added | 253,403 | $13M | 3.0% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 234,360 | $12M | 2.8% | 2026-Q1 |
| IHT Wealth Management, LLC trimmed | 223,477 | $11M | 2.7% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 199,976 | $10M | 2.4% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 155,775 | $8M | 1.9% | 2026-Q1 |
| Alpine Bank Wealth Management added | 153,667 | $8M | 1.8% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 149,385 | $7M | 1.8% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 145,253 | $7M | 1.7% | 2026-Q1 |
| Integrated Wealth Concepts LLC trimmed | 122,000 | $6M | 1.5% | 2026-Q1 |
| Transcendent Capital Group LLC new | 112,845 | $6M | 1.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 112,803 | $6M | 1.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 99,525 | $5M | 1.2% | 2026-Q1 |
| Equitable Holdings, Inc. added | 72,189 | $4M | 0.9% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 70,914 | $4M | 0.8% | 2026-Q1 |
| Spinnaker Investment Group, LLC trimmed | 68,390 | $3M | 0.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 65,555 | $3M | 0.8% | 2026-Q1 |
| Fonville Wealth Management LLC trimmed | 64,938 | $3M | 0.8% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 63,710 | $3M | 0.8% | 2026-Q1 |
| RETIREMENT CAPITAL STRATEGIES trimmed | 61,809 | $3M | 0.7% | 2026-Q1 |
| 49 WEALTH MANAGEMENT, LLC trimmed | 53,091 | $3M | 0.6% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 51,543 | $3M | 0.6% | 2026-Q1 |
| Sterling Group Wealth Management, LLC added | 48,993 | $2M | 0.6% | 2026-Q1 |
| Copia Wealth Management trimmed | 48,115 | $2M | 0.6% | 2026-Q1 |
| F/m Investments LLC trimmed | 44,315 | $2M | 0.5% | 2026-Q1 |
| Prospera Financial Services Inc trimmed | 41,615 | $2M | 0.5% | 2026-Q1 |
| Wealthcare Advisory Partners LLC trimmed | 40,104 | $2M | 0.5% | 2026-Q1 |
| Founders Financial Alliance, LLC trimmed | 39,840 | $2M | 0.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 39,313 | $2M | 0.5% | 2026-Q1 |
| Independent Advisor Alliance added | 37,650 | $2M | 0.5% | 2026-Q1 |
| HARBOR INVESTMENT ADVISORY, LLC added | 30,057 | $2M | 0.4% | 2026-Q1 |
| Tower Research Capital LLC (TRC) trimmed | 29,038 | $1M | 0.3% | 2026-Q1 |
| World Investment Advisors added | 28,633 | $1M | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 28,194 | $1M | 0.3% | 2026-Q1 |
| IFP Advisors, Inc added | 22,673 | $1M | 0.3% | 2026-Q1 |
| Belpointe Asset Management LLC added | 21,907 | $1M | 0.3% | 2026-Q1 |
| Marshall & Sterling Wealth Advisors Inc. added | 21,181 | $1M | 0.3% | 2026-Q1 |
| GTS SECURITIES LLC trimmed | 20,394 | $1M | 0.2% | 2026-Q1 |
| Curran Financial Partners, LLC trimmed | 18,560 | $929K | 0.2% | 2026-Q1 |
| FLOW TRADERS U.S. LLC added | 18,438 | $922K | 0.2% | 2026-Q1 |
| DENVER WEALTH MANAGEMENT, INC. trimmed | 17,977 | $899K | 0.2% | 2026-Q1 |
| MONEY CONCEPTS CAPITAL CORP added | 16,740 | $838K | 0.2% | 2026-Q1 |
| MANCHESTER FINANCIAL INC trimmed | 16,269 | $814K | 0.2% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 15,828 | $792K | 0.2% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 15,440 | $773K | 0.2% | 2026-Q1 |
| Snowden Capital Advisors LLC added | 15,185 | $760K | 0.2% | 2026-Q1 |
| MILESTONE ASSET MANAGEMENT, LLC trimmed | 14,896 | $745K | 0.2% | 2026-Q1 |
| KPP Advisory Services LLC | 14,580 | $729K | 0.2% | 2026-Q1 |
| SAX WEALTH ADVISORS, LLC | 12,631 | $632K | 0.2% | 2026-Q1 |
| Pitcairn Wealth Advisors LLC | 12,456 | $624K | 0.1% | 2026-Q1 |
| Spire Wealth Management trimmed | 11,873 | $594K | 0.1% | 2026-Q1 |
| Global View Capital Management LLC trimmed | 11,419 | $571K | 0.1% | 2026-Q1 |
| PRIVATE TRUST CO NA | 10,997 | $550K | 0.1% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 10,993 | $550K | 0.1% | 2026-Q1 |
| Sun Financial Inc added | 10,905 | $546K | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 10,244 | $512K | 0.1% | 2026-Q1 |
| Emerald Investment Advisers, LLC new | 10,199 | $510K | 0.1% | 2026-Q1 |
| IBEX WEALTH ADVISORS trimmed | 10,084 | $504K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 9,806 | $491K | 0.1% | 2026-Q1 |
| Mariner, LLC trimmed | 9,505 | $476K | 0.1% | 2026-Q1 |
| ATTICUS WEALTH MANAGEMENT, LLC added | 9,181 | $459K | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 8,550 | $428K | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 8,370 | $419K | 0.1% | 2026-Q1 |
| David Kennon Inc trimmed | 7,301 | $365K | 0.1% | 2026-Q1 |
| Kingsview Wealth Management, LLC added | 7,247 | $363K | 0.1% | 2026-Q1 |
| UNIQUE WEALTH, LLC trimmed | 7,050 | $353K | 0.1% | 2026-Q1 |
| Bull Harbor Capital LLC new | 6,035 | $302K | 0.1% | 2026-Q1 |
| B & T Capital Management DBA Alpha Capital Management trimmed | 6,030 | $302K | 0.1% | 2026-Q1 |
| Portland Financial Advisors Inc | 5,869 | $294K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 5,837 | $292K | 0.1% | 2026-Q1 |
| Geneos Wealth Management Inc. | 5,664 | $283K | 0.1% | 2026-Q1 |
| STEPHENS INC /AR/ | 5,522 | $276K | 0.1% | 2026-Q1 |
| Orion Porfolio Solutions, LLC new | 5,354 | $268K | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 5,226 | $261K | 0.1% | 2026-Q1 |
| Lynch Investment Planning, LLC trimmed | 5,067 | $254K | 0.1% | 2026-Q1 |
| FLYNN ZITO CAPITAL MANAGEMENT, LLC trimmed | 4,859 | $243K | 0.1% | 2026-Q1 |
| Good Life Advisors, LLC added | 365,523 | $18M | 4.4% | 2025-Q2 stale |
| BARCLAYS PLC new | 60,000 | $3M | 0.7% | 2025-Q4 stale |
| Advisor Resource Council new | 50,590 | $3M | 0.6% | 2025-Q1 stale |
| Semmax Financial Advisors Inc. trimmed | 28,874 | $1M | 0.3% | 2025-Q2 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 21,226 | $1M | 0.3% | 2025-Q2 stale |
| Lebenthal Global Advisors, LLC new | 18,036 | $903K | 0.2% | 2025-Q4 stale |
| GENTRY PRIVATE WEALTH, LLC added | 16,700 | $838K | 0.2% | 2025-Q2 stale |
| PITCAIRN CO | 12,456 | $625K | 0.1% | 2025-Q3 stale |
| Heck Capital Advisors, LLC added | 10,030 | $503K | 0.1% | 2025-Q2 stale |
| Wealthquest Corp trimmed | 9,365 | $470K | 0.1% | 2025-Q1 stale |
| D.A. DAVIDSON & CO. added | 9,045 | $454K | 0.1% | 2025-Q3 stale |
| Financial Advocates Investment Management added | 7,736 | $388K | 0.1% | 2025-Q2 stale |
| Ausdal Financial Partners, Inc. added | 7,094 | $356K | 0.1% | 2025-Q2 stale |
| Inspire Advisors, LLC trimmed | 6,543 | $328K | 0.1% | 2025-Q1 stale |
| Ted Buchan & Co trimmed | 6,440 | $323K | 0.1% | 2025-Q2 stale |
| COMERICA BANK added | 5,800 | $290K | 0.1% | 2025-Q4 stale |
| Kestra Advisory Services, LLC added | 5,750 | $288K | 0.1% | 2025-Q4 stale |
| Global Retirement Partners, LLC added | 4,957 | $248K | 0.1% | 2025-Q4 stale |
| Envestnet Portfolio Solutions, Inc. trimmed | 4,933 | $247K | 0.1% | 2025-Q4 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.