Who owns XES
Which tracked institutional funds hold XES, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XES company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
17 tracked funds added or opened XES while 19 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
XES’s largest tracked holder by dollar value, MORGAN STANLEY, 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 conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in XES 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 88 tracked filers holding XES, 49 increased or opened the position and 48 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 XES 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 5
- Tower Research Capital LLC (TRC)$4M
- Financial Management Professionals, Inc.$993K
- JANE STREET GROUP, LLC$905K
- Qube Research & Technologies Ltd$637K
- TWO SIGMA SECURITIES, LLC$566K
Full exits 10
- Robertson Stephens Wealth Management, LLC$5M
- HighTower Advisors, LLC$5M
- VICUS CAPITAL$4M
- CWM, LLC$4M
- FLOW TRADERS U.S. LLC$2M
- Quadrature Capital Ltd$2M
Largest adds
- MORGAN STANLEY$20M
- TWO SIGMA INVESTMENTS, LP$13M
- LPL Financial LLC$6M
- Trek Financial, LLC$4M
- D. E. Shaw & Co., Inc.$3M
- UBS Group AG$3M
Largest trims
- RAYMOND JAMES FINANCIAL INC$3M
- GOLDMAN SACHS GROUP INC$2M
- New Harbor Financial Group, LLC$1M
- Integrated Wealth Concepts LLC$949K
- Black Swift Group, LLC$927K
- SummitTX Capital, L.P.$910K
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 428,664 | $48M | 19.5% | 2026-Q2 |
| New Harbor Financial Group, LLC added | 371,274 | $42M | 16.9% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 186,390 | $21M | 8.5% | 2026-Q2 |
| LPL Financial LLC added | 127,277 | $14M | 5.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 101,414 | $11M | 4.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 78,827 | $9M | 3.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 74,647 | $8M | 3.4% | 2026-Q2 |
| Trek Financial, LLC added | 64,015 | $7M | 2.9% | 2026-Q2 |
| Black Swift Group, LLC trimmed | 62,955 | $7M | 2.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 55,247 | $6M | 2.5% | 2026-Q2 |
| UBS Group AG added | 46,842 | $5M | 2.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 43,363 | $5M | 2.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 39,769 | $4M | 1.8% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 32,556 | $4M | 1.5% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 30,808 | $3M | 1.4% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 21,222 | $2M | 1.0% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL added | 19,166 | $2M | 0.9% | 2026-Q2 |
| BCS Private Wealth Management, Inc. | 18,400 | $2M | 0.8% | 2026-Q2 |
| MERIDIAN INVESTMENT COUNSEL INC. trimmed | 15,295 | $2M | 0.7% | 2026-Q2 |
| Invst, LLC trimmed | 14,676 | $2M | 0.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 9,731 | $1M | 0.4% | 2026-Q2 |
| Wealthfront Advisers LLC added | 9,615 | $1M | 0.4% | 2026-Q2 |
| Financial Management Professionals, Inc. new | 8,856 | $993K | 0.4% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 8,071 | $905K | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 7,561 | $847K | 0.3% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 6,812 | $763K | 0.3% | 2026-Q2 |
| &PARTNERS added | 5,796 | $650K | 0.3% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 5,681 | $637K | 0.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 5,611 | $629K | 0.3% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC new | 5,051 | $566K | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 4,973 | $557K | 0.2% | 2026-Q2 |
| HORIZON KINETICS ASSET MANAGEMENT LLC trimmed | 4,305 | $483K | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC new | 4,014 | $450K | 0.2% | 2026-Q2 |
| Keystone Financial Group trimmed | 3,283 | $368K | 0.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC new | 2,924 | $328K | 0.1% | 2026-Q2 |
| Concorde Financial Corp | 2,571 | $288K | 0.1% | 2026-Q2 |
| Creative Planning new | 2,415 | $271K | 0.1% | 2026-Q2 |
| Concurrent Investment Advisors, LLC new | 2,270 | $254K | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 2,197 | $246K | 0.1% | 2026-Q2 |
| Trademark Financial Management, LLC trimmed | 2,160 | $242K | 0.1% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 2,133 | $239K | 0.1% | 2026-Q2 |
| Corecam Pte. Ltd. | 2,000 | $224K | 0.1% | 2026-Q2 |
| Capital Investment Advisory Services, LLC | 1,880 | $211K | 0.1% | 2026-Q2 |
| Prosperity Consulting Group, LLC trimmed | 1,843 | $207K | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 1,831 | $205K | 0.1% | 2026-Q2 |
| SummitTX Capital, L.P. trimmed | 1,098 | $123K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 1,004 | $113K | 0.0% | 2026-Q2 |
| BlackRock, Inc. new | 939 | $105K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 825 | $92K | 0.0% | 2026-Q2 |
| WHITTIER TRUST CO | 637 | $67K | 0.0% | 2026-Q2 |
| Cassaday & Co Wealth Management LLC added | 538 | $60K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 445 | $50K | 0.0% | 2026-Q2 |
| Provident Wealth Management, LLC | 400 | $45K | 0.0% | 2026-Q2 |
| Spire Wealth Management trimmed | 350 | $39K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 300 | $34K | 0.0% | 2026-Q2 |
| FMR LLC added | 296 | $33K | 0.0% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 268 | $30K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC trimmed | 234 | $26K | 0.0% | 2026-Q2 |
| PRIVATE TRUST CO NA trimmed | 220 | $25K | 0.0% | 2026-Q2 |
| Advisors Preferred, LLC new | 227 | $24K | 0.0% | 2026-Q2 |
| DUNCKER STREETT & CO INC | 200 | $22K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 188 | $21K | 0.0% | 2026-Q2 |
| Register Financial Advisors LLC | 173 | $19K | 0.0% | 2026-Q2 |
| Bullock Wealth Management Group new | 169 | $18K | 0.0% | 2026-Q2 |
| LANARK FINANCIAL, INC. added | 160 | $18K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC | 134 | $15K | 0.0% | 2026-Q2 |
| GROUP ONE TRADING LLC trimmed | 115 | $13K | 0.0% | 2026-Q2 |
| Hara Capital LLC | 115 | $13K | 0.0% | 2026-Q2 |
| Colonial Trust Co / SC | 100 | $11K | 0.0% | 2026-Q2 |
| Lodestone Wealth Management LLC added | 101 | $11K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC | 86 | $10K | 0.0% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 79 | $9K | 0.0% | 2026-Q2 |
| Caldwell Trust Co new | 70 | $8K | 0.0% | 2026-Q2 |
| 1 NORTH WEALTH SERVICES LLC trimmed | 55 | $6K | 0.0% | 2026-Q2 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC | 50 | $6K | 0.0% | 2026-Q2 |
| Arax Advisory Partners new | 44 | $5K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 44 | $5K | 0.0% | 2026-Q2 |
| VAN DEN BERG MANAGEMENT I, INC | 34 | $4K | 0.0% | 2026-Q2 |
| Medallion Wealth Advisors, LLC | 31 | $3K | 0.0% | 2026-Q2 |
| Signature Equity Partners, LLC new | 26 | $3K | 0.0% | 2026-Q2 |
| Founders Financial Alliance, LLC | 25 | $3K | 0.0% | 2026-Q2 |
| Ameritas Advisory Services, LLC | 24 | $3K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 24 | $3K | 0.0% | 2026-Q2 |
| Aptus Capital Advisors, LLC new | 18 | $2K | 0.0% | 2026-Q2 |
| Key Financial Inc | 13 | $1K | 0.0% | 2026-Q2 |
| CBIZ Investment Advisory Services, LLC | 6 | $733 | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC trimmed | 5 | $560 | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC trimmed | 1 | $158 | 0.0% | 2026-Q2 |
| Robertson Stephens Wealth Management, LLC new | 45,922 | $5M | 2.2% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC added | 44,063 | $5M | 2.1% | 2026-Q1 stale (1 quarter behind) |
| VICUS CAPITAL new | 36,361 | $4M | 1.7% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC added | 30,519 | $4M | 1.4% | 2026-Q1 stale (1 quarter behind) |
| FLOW TRADERS U.S. LLC trimmed | 18,143 | $2M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| Quadrature Capital Ltd added | 17,705 | $2M | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Private Advisor Group, LLC trimmed | 8,626 | $1M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Stratos Wealth Advisors, LLC | 5,300 | $617K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| First Growth Capital LLC | 5,396 | $614K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC trimmed | 12,877 | $1M | 0.4% | 2025-Q4 stale (2 quarters behind) |
| Aspen Grove Capital, LLC trimmed | 10,875 | $891K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| PRIVATE CLIENT SERVICES, LLC added | 15,026 | $953K | 0.4% | 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.