Who owns XCEM (XCEM)
Which tracked institutional funds hold XCEM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XCEM 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
The tracked-fund tape on XCEM is one-sided between 2025-Q4 and 2026-Q1: 59 added or opened and 18 trimmed or exited — on balance accumulating.
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
XCEM’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.2pp gap the other way — the median holder sizes XCEM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in XCEM 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 188 tracked filers holding XCEM, 91 increased or opened the position and 89 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 XCEM 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 11
- Boulay Financial Advisors, LLC$105M
- JANE STREET GROUP, LLC$17M
- CIBC Bancorp USA Inc.$11M
- Kingsview Wealth Management, LLC$8M
- Benchmark Financial Wealth Advisors, LLC$7M
- Spartan Wealth Advisory Services LLC$4M
Full exits 7
- O'Brien Wealth Partners LLC$28M
- ALPS ADVISORS INC$15M
- SYON CAPITAL LLC$13M
- Pine Valley Investments Ltd Liability Co$9M
- Diversify Advisory Services, LLC$2M
- NewEdge Advisors, LLC$2M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$44M
- MORGAN STANLEY$22M
- BANK OF AMERICA CORP /DE/$21M
- LPL Financial LLC$16M
- Hennion & Walsh Asset Management, Inc.$14M
- Sanctuary Advisors, LLC$9M
Largest trims
- MERCER GLOBAL ADVISORS INC /ADV$15M
- Penserra Capital Management LLC$11M
- Gladstone Institutional Advisory LLC$4M
- COMMONWEALTH EQUITY SERVICES, LLC$2M
- Savvy Advisors, Inc.$1M
- Arkadios Wealth Advisors$1M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 3,427,623 | $140M | 11.2% | 2026-Q1 |
| MORGAN STANLEY added | 3,161,569 | $129M | 10.3% | 2026-Q1 |
| Boulay Financial Advisors, LLC new | 2,572,904 | $105M | 8.4% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,457,843 | $59M | 4.8% | 2026-Q1 |
| LPL Financial LLC added | 1,340,426 | $55M | 4.4% | 2026-Q1 |
| Hennion & Walsh Asset Management, Inc. added | 959,842 | $39M | 3.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 950,394 | $39M | 3.1% | 2026-Q1 |
| Marotta Asset Management trimmed | 872,063 | $36M | 2.9% | 2026-Q1 |
| Flaharty Asset Management, LLC trimmed | 757,268 | $31M | 2.5% | 2026-Q1 |
| Prism Advisors, Inc. trimmed | 480,368 | $20M | 1.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 457,889 | $19M | 1.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 450,424 | $18M | 1.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 425,105 | $17M | 1.4% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 413,887 | $17M | 1.4% | 2026-Q1 |
| PLANNING ALTERNATIVES LTD /ADV added | 385,033 | $16M | 1.3% | 2026-Q1 |
| Penserra Capital Management LLC trimmed | 368,349 | $15M | 1.2% | 2026-Q1 |
| UBS Group AG added | 347,771 | $14M | 1.1% | 2026-Q1 |
| Savvy Advisors, Inc. trimmed | 339,118 | $14M | 1.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 321,002 | $13M | 1.0% | 2026-Q1 |
| PARTNERS CAPITAL INVESTMENT GROUP, LLP | 320,043 | $13M | 1.0% | 2026-Q1 |
| CIBC Bancorp USA Inc. new | 294,473 | $11M | 0.9% | 2026-Q1 |
| CENTRAL TRUST Co trimmed | 257,055 | $10M | 0.8% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 254,590 | $10M | 0.8% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 230,847 | $9M | 0.8% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 226,723 | $9M | 0.7% | 2026-Q1 |
| EARNED WEALTH ADVISORS, LLC added | 213,046 | $9M | 0.7% | 2026-Q1 |
| Richard P Slaughter Associates Inc added | 210,592 | $9M | 0.7% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 194,907 | $8M | 0.6% | 2026-Q1 |
| Wealthcare Advisory Partners LLC trimmed | 194,729 | $8M | 0.6% | 2026-Q1 |
| McKinley Carter Wealth Services, Inc. trimmed | 194,705 | $8M | 0.6% | 2026-Q1 |
| Mariner, LLC added | 193,545 | $8M | 0.6% | 2026-Q1 |
| Kingsview Wealth Management, LLC new | 191,669 | $8M | 0.6% | 2026-Q1 |
| Focus Partners Wealth added | 190,835 | $8M | 0.6% | 2026-Q1 |
| Private Advisor Group, LLC added | 184,797 | $8M | 0.6% | 2026-Q1 |
| LEAVELL INVESTMENT MANAGEMENT, INC. added | 184,200 | $8M | 0.6% | 2026-Q1 |
| Nelson Capital Management, LLC added | 181,608 | $7M | 0.6% | 2026-Q1 |
| Highland Financial Advisors, LLC added | 176,166 | $7M | 0.6% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 174,045 | $7M | 0.6% | 2026-Q1 |
| Breakwater Capital Group trimmed | 168,362 | $7M | 0.5% | 2026-Q1 |
| Benchmark Financial Wealth Advisors, LLC new | 167,036 | $7M | 0.5% | 2026-Q1 |
| Cerity Partners LLC trimmed | 165,514 | $7M | 0.5% | 2026-Q1 |
| MA Private Wealth trimmed | 164,640 | $7M | 0.5% | 2026-Q1 |
| Bleakley Financial Group, LLC trimmed | 162,089 | $7M | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 160,688 | $7M | 0.5% | 2026-Q1 |
| AlphaCore Capital LLC trimmed | 160,479 | $7M | 0.5% | 2026-Q1 |
| Aptus Capital Advisors, LLC trimmed | 158,751 | $6M | 0.5% | 2026-Q1 |
| GUARDIAN WEALTH ADVISORS, LLC / NC trimmed | 158,751 | $6M | 0.5% | 2026-Q1 |
| Krilogy Financial LLC added | 137,102 | $6M | 0.5% | 2026-Q1 |
| Fortitude Financial, LLC added | 149,336 | $6M | 0.5% | 2026-Q1 |
| Total Clarity Wealth Management, Inc. added | 139,114 | $6M | 0.5% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 136,652 | $6M | 0.4% | 2026-Q1 |
| FIRST FOUNDATION ADVISORS added | 130,057 | $5M | 0.4% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 121,440 | $5M | 0.4% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 120,621 | $5M | 0.4% | 2026-Q1 |
| New England Capital Financial Advisors LLC added | 114,364 | $5M | 0.4% | 2026-Q1 |
| D.A. DAVIDSON & CO. trimmed | 107,843 | $4M | 0.4% | 2026-Q1 |
| Spartan Wealth Advisory Services LLC new | 106,345 | $4M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 103,281 | $4M | 0.3% | 2026-Q1 |
| ARQ WEALTH ADVISORS, LLC trimmed | 102,867 | $4M | 0.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 102,595 | $4M | 0.3% | 2026-Q1 |
| Focus Financial Network, Inc. added | 99,621 | $4M | 0.3% | 2026-Q1 |
| Vertex Planning Partners, LLC trimmed | 93,364 | $4M | 0.3% | 2026-Q1 |
| Mason & Associates Inc added | 91,809 | $4M | 0.3% | 2026-Q1 |
| Creative Planning trimmed | 81,714 | $3M | 0.3% | 2026-Q1 |
| &PARTNERS added | 69,869 | $3M | 0.2% | 2026-Q1 |
| WATERSHED PRIVATE WEALTH LLC trimmed | 69,123 | $3M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 64,585 | $3M | 0.2% | 2026-Q1 |
| Prospera Financial Services Inc trimmed | 61,622 | $3M | 0.2% | 2026-Q1 |
| Quadcap Wealth Management, LLC trimmed | 58,074 | $2M | 0.2% | 2026-Q1 |
| EXENCIAL WEALTH ADVISORS, LLC trimmed | 57,318 | $2M | 0.2% | 2026-Q1 |
| SoundView Advisors Inc. trimmed | 56,983 | $2M | 0.2% | 2026-Q1 |
| DIVERSIFY WEALTH MANAGEMENT, LLC new | 43,465 | $2M | 0.2% | 2026-Q1 |
| CWM, LLC trimmed | 48,202 | $2M | 0.2% | 2026-Q1 |
| WealthCare Investment Partners, LLC trimmed | 44,163 | $2M | 0.1% | 2026-Q1 |
| FINANCIAL LIFE ADVISORS trimmed | 44,402 | $2M | 0.1% | 2026-Q1 |
| Belpointe Asset Management LLC trimmed | 43,296 | $2M | 0.1% | 2026-Q1 |
| Fortis Capital Advisors, LLC trimmed | 43,296 | $2M | 0.1% | 2026-Q1 |
| IFC & Insurance Marketing, Inc. added | 41,356 | $2M | 0.1% | 2026-Q1 |
| Sigma Planning Corp added | 40,875 | $2M | 0.1% | 2026-Q1 |
| Scarborough Advisors, LLC added | 40,244 | $2M | 0.1% | 2026-Q1 |
| United Advisor Group, LLC trimmed | 40,131 | $2M | 0.1% | 2026-Q1 |
| Nicholas Hoffman & Company, LLC. added | 35,154 | $1M | 0.1% | 2026-Q1 |
| CoreCap Advisors, LLC trimmed | 30,704 | $1M | 0.1% | 2026-Q1 |
| Coastline Trust Co added | 30,417 | $1M | 0.1% | 2026-Q1 |
| Redwood Financial Network Corp added | 29,516 | $1M | 0.1% | 2026-Q1 |
| Brand Asset Management Group, Inc. trimmed | 28,697 | $1M | 0.1% | 2026-Q1 |
| O'Brien Wealth Partners LLC trimmed | 730,973 | $28M | 2.2% | 2025-Q4 stale |
| ALPS ADVISORS INC trimmed | 403,540 | $15M | 1.2% | 2025-Q4 stale |
| SYON CAPITAL LLC trimmed | 343,678 | $13M | 1.1% | 2025-Q4 stale |
| CITADEL ADVISORS LLC added | 250,973 | $9M | 0.7% | 2025-Q3 stale |
| O'Dell Group, LLC added | 250,404 | $9M | 0.7% | 2025-Q3 stale |
| Pine Valley Investments Ltd Liability Co added | 224,997 | $9M | 0.7% | 2025-Q4 stale |
| KWB Wealth trimmed | 204,916 | $6M | 0.5% | 2025-Q2 stale |
| Buttonwood Financial Group, LLC trimmed | 166,458 | $5M | 0.4% | 2025-Q1 stale |
| FIRST NATIONAL CORP /MA/ /ADV trimmed | 98,807 | $4M | 0.3% | 2025-Q3 stale |
| Sebold Capital Management, Inc. trimmed | 99,601 | $3M | 0.3% | 2025-Q2 stale |
| Advisor Resource Council new | 77,169 | $2M | 0.2% | 2025-Q1 stale |
| Diversify Advisory Services, LLC added | 45,283 | $2M | 0.1% | 2025-Q4 stale |
| NewEdge Advisors, LLC added | 46,160 | $2M | 0.1% | 2025-Q4 stale |
| CIBC Private Wealth Group LLC added | 37,955 | $1M | 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.