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Institutional Ownership · SEC Form 13F

Who owns XEFRX


Which tracked institutional funds hold XEFRX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XEFRX 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.

97
Institutional holders
11M
Shares held (tracked funds)

How the tape is positioned

9 tracked funds added or opened XEFRX while 10 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

XEFRX’s largest tracked holder by dollar value, 1607 Capital Partners, LLC, sizes it at 1.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in XEFRX 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 97 tracked filers holding XEFRX, 44 increased or opened the position and 42 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 XEFRX 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 4

  • LOOMIS SAYLES & CO L P$4M
  • Saba Capital Management, L.P.$3M
  • HOURGLASS CAPITAL, LLC$1M
  • Gridiron Partners, LLC$732K

Full exits 2

  • RIVERNORTH CAPITAL MANAGEMENT, LLC$4M
  • Shaker Financial Services, LLC$891K

Largest adds

  • WHITE PINE CAPITAL LLC$1M
  • AMERIPRISE FINANCIAL INC$1M
  • 1607 Capital Partners, LLC$765K
  • ICON ADVISERS INC/CO$590K
  • LPL Financial LLC$504K

Largest trims

  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$15M
  • MORGAN STANLEY$5M
  • Pathstone Holdings, LLC$4M
  • READYSTATE ASSET MANAGEMENT LP$964K
  • GUGGENHEIM CAPITAL LLC$728K
  • Invesco Ltd.$483K

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).

FundSharesReported value% of valueQuarter
1607 Capital Partners, LLC added1,586,239$17M12.6%2026-Q1
Pathstone Holdings, LLC trimmed881,001$9M7.0%2026-Q1
AMERIPRISE FINANCIAL INC added566,404$6M4.5%2026-Q1
Advisors Asset Management, Inc. added563,320$6M4.5%2026-Q1
Invesco Ltd. trimmed560,262$6M4.5%2026-Q1
Logan Stone Capital, LLC added540,718$6M4.3%2026-Q1
MORGAN STANLEY trimmed499,081$5M4.0%2026-Q1
BANK OF AMERICA CORP /DE/ added481,794$5M3.8%2026-Q1
GUGGENHEIM CAPITAL LLC trimmed422,921$4M3.4%2026-Q1
COHEN & STEERS, INC. added352,902$4M2.8%2026-Q1
LOOMIS SAYLES & CO L P added346,682$4M2.8%2026-Q1
SIT INVESTMENT ASSOCIATES INC added286,091$3M2.3%2026-Q1
WOLVERINE ASSET MANAGEMENT LLC added266,399$3M2.1%2026-Q1
Saba Capital Management, L.P. trimmed261,756$3M2.1%2026-Q1
Baird Financial Group, Inc. added251,276$3M2.0%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added222,790$2M1.8%2026-Q1
Ethos Financial Group, LLC205,537$2M1.7%2026-Q1
WHITE PINE CAPITAL LLC added202,651$2M1.6%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed183,955$2M1.5%2026-Q1
WELLS FARGO & COMPANY/MN added172,948$2M1.4%2026-Q1
CWM, LLC added148,633$2M1.2%2026-Q1
LPL Financial LLC added146,015$2M1.2%2026-Q1
Verity Asset Management, Inc. added142,976$2M1.1%2026-Q1
ICON ADVISERS INC/CO added108,870$1M0.9%2026-Q1
Collar Capital Management, LLC trimmed107,720$1M0.9%2026-Q1
HOURGLASS CAPITAL, LLC new96,500$1M0.8%2026-Q1
OSAIC HOLDINGS, INC. added94,334$994K0.8%2026-Q1
GOLDMAN SACHS GROUP INC81,752$862K0.7%2026-Q1
Calamos Advisors LLC added77,027$812K0.6%2026-Q1
Gridiron Partners, LLC trimmed69,450$732K0.6%2026-Q1
READYSTATE ASSET MANAGEMENT LP trimmed55,934$590K0.4%2026-Q1
Garner Asset Management Corp trimmed55,275$583K0.4%2026-Q1
Hennion & Walsh Asset Management, Inc. trimmed53,613$565K0.4%2026-Q1
Almitas Capital LLC added49,782$525K0.4%2026-Q1
Capital Investment Advisors, LLC added47,711$503K0.4%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed46,036$485K0.4%2026-Q1
UBS Group AG trimmed45,221$477K0.4%2026-Q1
Altman Advisors, Inc. trimmed50,490$440K0.3%2026-Q1
OPPENHEIMER & CO INC added39,906$421K0.3%2026-Q1
SIMON QUICK ADVISORS, LLC new38,357$404K0.3%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed32,623$344K0.3%2026-Q1
RWA WEALTH PARTNERS, LLC added31,297$330K0.2%2026-Q1
Fiduciary Alliance LLC trimmed31,195$326K0.2%2026-Q1
SHUFRO ROSE & CO LLC26,500$279K0.2%2026-Q1
Cetera Investment Advisers trimmed25,848$272K0.2%2026-Q1
JANE STREET GROUP, LLC trimmed25,826$272K0.2%2026-Q1
MAI Capital Management trimmed25,390$268K0.2%2026-Q1
Sandy Cove Advisors, LLC24,850$262K0.2%2026-Q1
WESCAP Management Group, Inc.24,303$256K0.2%2026-Q1
AEGON USA Investment Management, LLC24,120$254K0.2%2026-Q1
Closed-End Fund Advisors, Inc. added21,076$222K0.2%2026-Q1
HORIZON KINETICS ASSET MANAGEMENT LLC20,001$211K0.2%2026-Q1
Beacon Pointe Advisors, LLC trimmed19,931$210K0.2%2026-Q1
CARDIFF PARK ADVISORS, LLC19,883$210K0.2%2026-Q1
Fortitude Advisory Group L.L.C.19,879$210K0.2%2026-Q1
TWO SIGMA SECURITIES, LLC added19,462$205K0.2%2026-Q1
Prospera Financial Services Inc trimmed18,556$196K0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added17,858$188K0.1%2026-Q1
Private Advisor Group, LLC17,285$182K0.1%2026-Q1
HighTower Advisors, LLC trimmed15,784$166K0.1%2026-Q1
Concurrent Investment Advisors, LLC added15,338$162K0.1%2026-Q1
Fund Advisors of America Inc/FL trimmed15,233$161K0.1%2026-Q1
Focus Partners Wealth trimmed14,851$157K0.1%2026-Q1
Sigma Planning Corp added14,438$152K0.1%2026-Q1
ROYAL BANK OF CANADA14,300$151K0.1%2026-Q1
NATIONAL BANK OF CANADA /FI/ added13,719$144K0.1%2026-Q1
INDEPENDENT FINANCIAL GROUP, LLC trimmed13,427$142K0.1%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed13,658$141K0.1%2026-Q1
&PARTNERS added13,075$138K0.1%2026-Q1
FIFTH THIRD BANCORP added11,888$125K0.1%2026-Q1
Oxbow Advisors, LLC11,500$121K0.1%2026-Q1
XTX Topco Ltd trimmed11,368$120K0.1%2026-Q1
Aviance Capital Partners, LLC10,937$115K0.1%2026-Q1
WEDBUSH SECURITIES INC trimmed10,735$113K0.1%2026-Q1
Polar Asset Management Partners Inc. added433,075$5M3.7%2025-Q3 stale
RIVERNORTH CAPITAL MANAGEMENT, LLC added332,805$4M2.8%2025-Q4 stale
Financial Advocates Investment Management trimmed83,839$1M0.8%2025-Q1 stale
Shaker Financial Services, LLC added80,004$891K0.7%2025-Q4 stale
Virtus Investment Advisers, LLC trimmed65,479$794K0.6%2025-Q2 stale
Marble Harbor Investment Counsel, LLC trimmed38,500$467K0.4%2025-Q2 stale
Beaird Harris Wealth Management, LLC added34,919$423K0.3%2025-Q2 stale
Oregon Pacific Wealth Management, LLC trimmed27,448$306K0.2%2025-Q4 stale
Koshinski Asset Management, Inc. trimmed24,121$295K0.2%2025-Q1 stale
Advisor OS, LLC trimmed21,823$267K0.2%2025-Q1 stale
Sandy Spring Bank20,500$251K0.2%2025-Q1 stale
Atlantic Union Bankshares Corp20,500$235K0.2%2025-Q3 stale
Cerity Partners LLC18,500$227K0.2%2025-Q1 stale
Ballew Advisors, Inc trimmed19,295$219K0.2%2025-Q4 stale
KANE INVESTMENT MANAGEMENT, INC. trimmed17,083$209K0.2%2025-Q1 stale
AVANTAX ADVISORY SERVICES, INC. trimmed16,696$202K0.2%2025-Q2 stale
J.W. COLE ADVISORS, INC. added16,298$200K0.2%2025-Q1 stale
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed12,286$151K0.1%2025-Q1 stale
Virtu Financial LLC trimmed13,234$147K0.1%2025-Q4 stale
CITADEL ADVISORS LLC trimmed12,852$143K0.1%2025-Q4 stale
Corient Private Wealth LLC12,361$141K0.1%2025-Q3 stale
COMMONWEALTH EQUITY SERVICES, LLC added11,309$137K0.1%2025-Q2 stale
COMERICA BANK trimmed11,897$133K0.1%2025-Q4 stale
STIFEL FINANCIAL CORP added11,329$130K0.1%2025-Q3 stale
SYNOVUS FINANCIAL CORP10,702$122K0.1%2025-Q3 stale
IHT Wealth Management, LLC10,490$120K0.1%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.

HoldersTotal shares

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.

Learn how to read institutional ownership