Who owns 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-Q2 13F filings (latest filed 2026-08-26). 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
12 tracked funds added or opened XFIV while 15 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
XFIV’s largest tracked holder by dollar value, Municipal Employees' Retirement System of Michigan, sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.7pp 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 2026-Q1 and 2026-Q2, across 58 tracked filers holding XFIV, 38 increased or opened the position and 26 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 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
- ARVEST INVESTMENTS, INC.$12M
- Viaable, LLC$6M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$2M
- Kestra Advisory Services, LLC$2M
- Atria Investments, Inc$582K
Full exits 4
- Municipal Employees' Retirement System of Michigan$66M
- Janney Montgomery Scott LLC$2M
- CWM, LLC$2M
- CITADEL ADVISORS LLC$901K
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$3M
- Nemes Rush Group LLC$3M
- Capital Investment Counsel, LLC$2M
- Purpose Unlimited Inc.$973K
- Strait & Sound Wealth Management LLC$537K
- S&A Financial Services, Inc.$323K
Largest trims
- Gradient Investments LLC$47M
- Kestra Investment Management, LLC$6M
- Mattson Financial Services, LLC$5M
- BANK OF AMERICA CORP /DE/$4M
- Donoghue Forlines LLC$3M
- Brown Financial Advisors$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 |
|---|---|---|---|---|
| WELLS FARGO & COMPANY/MN trimmed | 929,872 | $45M | 11.3% | 2026-Q2 |
| Gradient Investments LLC trimmed | 549,620 | $27M | 6.7% | 2026-Q2 |
| Kestra Investment Management, LLC trimmed | 517,038 | $25M | 6.3% | 2026-Q2 |
| Donoghue Forlines LLC trimmed | 484,673 | $24M | 5.9% | 2026-Q2 |
| Capital Investment Counsel, LLC added | 456,134 | $22M | 5.5% | 2026-Q2 |
| AE Wealth Management LLC added | 416,674 | $20M | 5.1% | 2026-Q2 |
| Nemes Rush Group LLC added | 413,143 | $20M | 5.0% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 344,357 | $17M | 4.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 302,719 | $15M | 3.7% | 2026-Q2 |
| ARVEST INVESTMENTS, INC. new | 242,898 | $12M | 2.9% | 2026-Q2 |
| Meridian Wealth Management, LLC added | 199,084 | $10M | 2.4% | 2026-Q2 |
| Viaable, LLC new | 120,329 | $6M | 1.5% | 2026-Q2 |
| WESPAC Advisors SoCal, LLC added | 75,634 | $4M | 0.9% | 2026-Q2 |
| Financial Guidance Group, Inc. trimmed | 66,879 | $3M | 0.8% | 2026-Q2 |
| Aptus Capital Advisors, LLC trimmed | 66,879 | $3M | 0.8% | 2026-Q2 |
| Mattson Financial Services, LLC trimmed | 64,201 | $3M | 0.8% | 2026-Q2 |
| ALPS ADVISORS INC added | 57,650 | $3M | 0.7% | 2026-Q2 |
| Inspire Advisors, LLC trimmed | 53,212 | $3M | 0.6% | 2026-Q2 |
| S&A Financial Services, Inc. added | 46,165 | $2M | 0.6% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 38,048 | $2M | 0.5% | 2026-Q2 |
| Brown Financial Advisors trimmed | 37,670 | $2M | 0.5% | 2026-Q2 |
| Blume Capital Management, Inc. trimmed | 34,890 | $2M | 0.4% | 2026-Q2 |
| Kestra Advisory Services, LLC new | 32,241 | $2M | 0.4% | 2026-Q2 |
| Purpose Unlimited Inc. added | 28,243 | $1M | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 24,608 | $1M | 0.3% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC added | 24,218 | $1M | 0.3% | 2026-Q2 |
| Wealthcare Advisory Partners LLC trimmed | 23,026 | $1M | 0.3% | 2026-Q2 |
| Paladin Wealth, LLC trimmed | 22,055 | $1M | 0.3% | 2026-Q2 |
| Strait & Sound Wealth Management LLC added | 16,159 | $787K | 0.2% | 2026-Q2 |
| Global Assets Advisory, LLC added | 12,136 | $588K | 0.1% | 2026-Q2 |
| Atria Investments, Inc new | 11,953 | $582K | 0.1% | 2026-Q2 |
| Belpointe Asset Management LLC added | 11,707 | $570K | 0.1% | 2026-Q2 |
| Bank of New York Mellon Corp new | 9,810 | $478K | 0.1% | 2026-Q2 |
| WealthPlan Investment Management, LLC added | 9,171 | $446K | 0.1% | 2026-Q2 |
| Kovack Advisors, Inc. added | 8,950 | $436K | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 8,573 | $417K | 0.1% | 2026-Q2 |
| Sigma Planning Corp added | 7,732 | $376K | 0.1% | 2026-Q2 |
| Spectrum Financial Alliance Ltd LLC | 7,731 | $376K | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC new | 4,862 | $237K | 0.1% | 2026-Q2 |
| Able Wealth Management LLC trimmed | 4,625 | $225K | 0.1% | 2026-Q2 |
| CAPITAL WEALTH MANAGEMENT, LLC new | 4,565 | $222K | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC new | 4,224 | $206K | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC added | 1,675 | $82K | 0.0% | 2026-Q2 |
| Arax Advisory Partners new | 1,596 | $78K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 1,260 | $61K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 1,178 | $57K | 0.0% | 2026-Q2 |
| MORGAN STANLEY added | 679 | $33K | 0.0% | 2026-Q2 |
| Elevated Capital Advisors, LLC trimmed | 579 | $28K | 0.0% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 469 | $23K | 0.0% | 2026-Q2 |
| ROGCO, LP new | 444 | $22K | 0.0% | 2026-Q2 |
| 1620 INVESTMENT ADVISORS, INC. new | 387 | $19K | 0.0% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 308 | $15K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC new | 259 | $13K | 0.0% | 2026-Q2 |
| LANARK FINANCIAL, INC. trimmed | 192 | $9K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC new | 180 | $9K | 0.0% | 2026-Q2 |
| FMR LLC trimmed | 71 | $3K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA new | 62 | $3K | 0.0% | 2026-Q2 |
| Kingdom Financial Group LLC. trimmed | 0 | $24 | 0.0% | 2026-Q2 |
| Municipal Employees' Retirement System of Michigan added | 1,332,525 | $66M | 16.3% | 2026-Q1 stale (1 quarter behind) |
| Janney Montgomery Scott LLC trimmed | 49,116 | $2M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC added | 30,770 | $2M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC trimmed | 18,331 | $901K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Tower Research Capital LLC (TRC) trimmed | 2,216 | $109K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CENTAURUS FINANCIAL, INC. new | 2,099 | $103K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| OSAIC HOLDINGS, INC. trimmed | 200 | $10K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Royal Harbor Partners, LLC added | 91,047 | $5M | 1.1% | 2025-Q4 stale (2 quarters behind) |
| Mach-1 Financial Group, LLC added | 39,350 | $2M | 0.5% | 2025-Q4 stale (2 quarters behind) |
| Safe Harbor Wealth Advisors, LLC new | 22,719 | $1M | 0.3% | 2025-Q4 stale (2 quarters behind) |
| IHT Wealth Management, LLC | 7,175 | $355K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| SILVER OAK SECURITIES, INCORPORATED added | 4,679 | $232K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| COMERICA BANK new | 1,223 | $61K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Pineridge Advisors LLC added | 730,103 | $36M | 9.0% | 2025-Q3 stale (3 quarters behind) |
| GTS SECURITIES LLC new | 28,730 | $1M | 0.4% | 2025-Q3 stale (3 quarters behind) |
| Endurance Services Ltd | 24,400 | $1M | 0.3% | 2025-Q3 stale (3 quarters behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 4,610 | $228K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| NewEdge Advisors, LLC | 4,198 | $208K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Geneos Wealth Management Inc. new | 2,904 | $144K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| JONES FINANCIAL COMPANIES LLLP new | 375 | $19K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| TOUNJIAN ADVISORY PARTNERS, LLC trimmed | 11,040 | $542K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Sunbelt Securities, Inc. | 6,838 | $328K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Allworth Financial LP new | 327 | $16K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.