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Institutional Ownership · SEC Form 13F

Who owns XFIV (XFIV)


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

44
Institutional holders
7,938,459
Shares held (tracked funds)

How the tape is positioned

17 tracked funds added or opened XFIV while 9 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

XFIV’s largest tracked holder by dollar value, Gradient Investments LLC, sizes it at 1.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in XFIV 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 44 tracked filers holding XFIV, 31 increased or opened the position and 20 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 XFIV 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

  • Kestra Investment Management, LLC$31M
  • ENVESTNET ASSET MANAGEMENT INC$11M
  • WESPAC Advisors SoCal, LLC$3M
  • ALPS ADVISORS INC$3M
  • Inspire Advisors, LLC$3M
  • Prime Capital Investment Advisors, LLC$946K

Full exits 3

  • Royal Harbor Partners, LLC$5M
  • Mach-1 Financial Group, LLC$2M
  • Safe Harbor Wealth Advisors, LLC$1M

Largest adds

  • Municipal Employees' Retirement System of Michigan$31M
  • Gradient Investments LLC$11M
  • Capital Investment Counsel, LLC$5M
  • BANK OF AMERICA CORP /DE/$4M
  • AE Wealth Management LLC$4M
  • Nemes Rush Group LLC$3M

Largest trims

  • Donoghue Forlines LLC$6M
  • Purpose Unlimited Inc.$2M
  • WELLS FARGO & COMPANY/MN$1M
  • Able Wealth Management LLC$642K
  • JANE STREET GROUP, LLC$524K
  • CITADEL ADVISORS LLC$317K

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
Gradient Investments LLC added1,493,253$73M16.6%2026-Q1
Municipal Employees' Retirement System of Michigan added1,332,525$66M14.9%2026-Q1
WELLS FARGO & COMPANY/MN trimmed971,825$48M10.8%2026-Q1
Kestra Investment Management, LLC new639,942$31M7.1%2026-Q1
Donoghue Forlines LLC trimmed542,573$27M6.0%2026-Q1
BANK OF AMERICA CORP /DE/ added421,177$21M4.7%2026-Q1
AE Wealth Management LLC added416,393$20M4.6%2026-Q1
Capital Investment Counsel, LLC added403,041$20M4.5%2026-Q1
Nemes Rush Group LLC added352,068$17M3.9%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added231,692$11M2.6%2026-Q1
Meridian Wealth Management, LLC added195,869$10M2.2%2026-Q1
Mattson Financial Services, LLC added159,485$8M1.8%2026-Q1
Brown Financial Advisors added99,566$5M1.1%2026-Q1
Financial Guidance Group, Inc. added76,491$4M0.9%2026-Q1
Aptus Capital Advisors, LLC added76,491$4M0.9%2026-Q1
WESPAC Advisors SoCal, LLC new69,400$3M0.8%2026-Q1
ALPS ADVISORS INC new57,340$3M0.6%2026-Q1
Inspire Advisors, LLC new55,803$3M0.6%2026-Q1
Paladin Wealth, LLC added52,920$3M0.6%2026-Q1
Janney Montgomery Scott LLC trimmed49,116$2M0.5%2026-Q1
Blume Capital Management, Inc. trimmed35,515$2M0.4%2026-Q1
CWM, LLC added30,770$2M0.3%2026-Q1
JANE STREET GROUP, LLC trimmed24,141$1M0.3%2026-Q1
Wealthcare Advisory Partners LLC trimmed23,846$1M0.3%2026-Q1
Prime Capital Investment Advisors, LLC new19,250$946K0.2%2026-Q1
CITADEL ADVISORS LLC trimmed18,331$901K0.2%2026-Q1
Global Assets Advisory, LLC added12,088$594K0.1%2026-Q1
Belpointe Asset Management LLC added11,214$551K0.1%2026-Q1
Able Wealth Management LLC trimmed10,695$526K0.1%2026-Q1
WealthPlan Investment Management, LLC trimmed9,123$448K0.1%2026-Q1
Purpose Unlimited Inc. trimmed8,178$402K0.1%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added7,994$393K0.1%2026-Q1
Spectrum Financial Alliance Ltd LLC7,731$380K0.1%2026-Q1
Sigma Planning Corp new7,638$375K0.1%2026-Q1
Strait & Sound Wealth Management LLC new5,076$250K0.1%2026-Q1
Tower Research Capital LLC (TRC) trimmed2,216$109K0.0%2026-Q1
CENTAURUS FINANCIAL, INC. new2,099$103K0.0%2026-Q1
UBS Group AG added1,533$75K0.0%2026-Q1
FIFTH THIRD BANCORP new1,208$59K0.0%2026-Q1
FMR LLC trimmed1,191$59K0.0%2026-Q1
Elevated Capital Advisors, LLC new1,114$55K0.0%2026-Q1
NBC SECURITIES, INC. added222$11K0.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed200$10K0.0%2026-Q1
MORGAN STANLEY added116$6K0.0%2026-Q1
Pineridge Advisors LLC added730,103$36M8.2%2025-Q3 stale
Royal Harbor Partners, LLC added91,047$5M1.0%2025-Q4 stale
Mach-1 Financial Group, LLC added39,350$2M0.4%2025-Q4 stale
GTS SECURITIES LLC new28,730$1M0.3%2025-Q3 stale
Endurance Services Ltd24,400$1M0.3%2025-Q3 stale
Safe Harbor Wealth Advisors, LLC new22,719$1M0.3%2025-Q4 stale
FLOW TRADERS U.S. LLC added19,649$964K0.2%2025-Q1 stale
Kingdom Financial Group LLC. new11,829$586K0.1%2025-Q3 stale
TOUNJIAN ADVISORY PARTNERS, LLC trimmed11,040$542K0.1%2025-Q2 stale
IHT Wealth Management, LLC7,175$355K0.1%2025-Q4 stale
Sunbelt Securities, Inc.6,838$328K0.1%2025-Q2 stale
ENDEAVOR PRIVATE WEALTH, INC. added6,449$317K0.1%2025-Q1 stale
Kovack Advisors, Inc. new4,900$242K0.1%2025-Q4 stale
SILVER OAK SECURITIES, INCORPORATED added4,679$232K0.1%2025-Q4 stale
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed4,610$228K0.1%2025-Q3 stale
Lloyd Advisory Services, LLC. new4,508$221K0.1%2025-Q1 stale
NewEdge Advisors, LLC4,198$208K0.0%2025-Q3 stale
Geneos Wealth Management Inc. new2,904$144K0.0%2025-Q3 stale
COMERICA BANK new1,223$61K0.0%2025-Q4 stale
JONES FINANCIAL COMPANIES LLLP new375$19K0.0%2025-Q3 stale
Allworth Financial LP new327$16K0.0%2025-Q2 stale
Global Retirement Partners, LLC added312$15K0.0%2025-Q4 stale
Capital A Wealth Management, LLC new11$5400.0%2025-Q1 stale
Beacon Capital Management, LLC new8$3930.0%2025-Q1 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%2025-Q2 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