Who owns XFRAX
Which tracked institutional funds hold XFRAX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XFRAX company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 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
7 tracked funds added or opened XFRAX while 10 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
XFRAX’s largest tracked holder by dollar value, GUGGENHEIM CAPITAL LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in XFRAX 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 81 tracked filers holding XFRAX, 34 increased or opened the position and 46 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 XFRAX 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 1
- GOLDMAN SACHS GROUP INC$813K
Full exits 3
- Penserra Capital Management LLC$11M
- READYSTATE ASSET MANAGEMENT LP$2M
- Arkadios Wealth Advisors$647K
Largest adds
- Edgemoor Investment Advisors, Inc.$545K
- ABSOLUTE INVESTMENT ADVISERS, LLC$543K
- Marathon Strategic Advisors, LLC$490K
- Arax Advisory Partners$407K
- GraniteShares Advisors LLC$335K
- Advisors Asset Management, Inc.$264K
Largest trims
- GUGGENHEIM CAPITAL LLC$2M
- Cetera Investment Advisers$1M
- OSAIC HOLDINGS, INC.$637K
- BANK OF AMERICA CORP /DE/$613K
- AMERIPRISE FINANCIAL INC$551K
- LPL Financial LLC$342K
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 |
|---|---|---|---|---|
| GUGGENHEIM CAPITAL LLC trimmed | 1,282,998 | $14M | 12.8% | 2026-Q2 |
| Marathon Strategic Advisors, LLC added | 438,310 | $5M | 4.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 408,282 | $4M | 4.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 404,817 | $4M | 4.0% | 2026-Q2 |
| Invesco Ltd. trimmed | 394,928 | $4M | 3.9% | 2026-Q2 |
| Edgemoor Investment Advisors, Inc. added | 378,838 | $4M | 3.8% | 2026-Q2 |
| LOOMIS SAYLES & CO L P | 319,349 | $4M | 3.2% | 2026-Q2 |
| Advisors Asset Management, Inc. added | 272,395 | $3M | 2.7% | 2026-Q2 |
| GraniteShares Advisors LLC added | 237,235 | $3M | 2.4% | 2026-Q2 |
| Cerity Partners LLC added | 232,712 | $3M | 2.3% | 2026-Q2 |
| MORGAN STANLEY trimmed | 218,289 | $2M | 2.2% | 2026-Q2 |
| LPL Financial LLC trimmed | 176,652 | $2M | 1.8% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 167,842 | $2M | 1.7% | 2026-Q2 |
| TT Capital Management LLC added | 165,320 | $2M | 1.7% | 2026-Q2 |
| ABSOLUTE INVESTMENT ADVISERS, LLC added | 158,954 | $2M | 1.6% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC added | 155,266 | $2M | 1.6% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 152,924 | $2M | 1.5% | 2026-Q2 |
| Byrne Asset Management LLC trimmed | 132,750 | $1M | 1.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 122,095 | $1M | 1.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 102,401 | $1M | 1.0% | 2026-Q2 |
| SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC added | 101,501 | $1M | 1.0% | 2026-Q2 |
| PENSION & WEALTH MANAGEMENT ADVISORS, INC. added | 94,184 | $1M | 0.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC new | 73,989 | $813K | 0.7% | 2026-Q2 |
| Chicago Partners Investment Group LLC trimmed | 72,754 | $781K | 0.7% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 68,578 | $754K | 0.7% | 2026-Q2 |
| Arax Advisory Partners added | 67,768 | $745K | 0.7% | 2026-Q2 |
| UBS Group AG added | 65,506 | $720K | 0.7% | 2026-Q2 |
| Quarry LP added | 63,956 | $703K | 0.6% | 2026-Q2 |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 59,291 | $652K | 0.6% | 2026-Q2 |
| Wagner Wealth Management, LLC added | 59,275 | $651K | 0.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 52,321 | $575K | 0.5% | 2026-Q2 |
| Klingman & Associates, LLC added | 49,642 | $546K | 0.5% | 2026-Q2 |
| Apriem Advisors added | 47,848 | $526K | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 46,121 | $507K | 0.5% | 2026-Q2 |
| SHUFRO ROSE & CO LLC trimmed | 43,600 | $479K | 0.4% | 2026-Q2 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. trimmed | 43,151 | $474K | 0.4% | 2026-Q2 |
| Whitener Capital Management, Inc. trimmed | 40,216 | $442K | 0.4% | 2026-Q2 |
| INSIGNEO ADVISORY SERVICES, LLC added | 38,912 | $428K | 0.4% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 38,685 | $425K | 0.4% | 2026-Q2 |
| LEGACY FINANCIAL INDEPENDENT ADVISORS LLC trimmed | 35,746 | $393K | 0.4% | 2026-Q2 |
| VIRTUE ASSET MANAGEMENT LLC trimmed | 33,809 | $372K | 0.3% | 2026-Q2 |
| Andrew Hill Investment Advisors, Inc. | 33,354 | $367K | 0.3% | 2026-Q2 |
| Lido Advisors, LLC | 31,473 | $346K | 0.3% | 2026-Q2 |
| Focus Partners Wealth added | 26,853 | $295K | 0.3% | 2026-Q2 |
| Future Financial Wealth Managment LLC trimmed | 27,012 | $290K | 0.3% | 2026-Q2 |
| MELFA WEALTH MANAGEMENT, INC. trimmed | 25,978 | $285K | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 24,629 | $268K | 0.2% | 2026-Q2 |
| Capital Investment Advisors, LLC trimmed | 23,855 | $262K | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 21,482 | $236K | 0.2% | 2026-Q2 |
| Private Wealth Management Group, LLC added | 20,670 | $227K | 0.2% | 2026-Q2 |
| ProVise Management Group, LLC | 20,654 | $227K | 0.2% | 2026-Q2 |
| Braeburn Wealth Management LLC | 20,000 | $220K | 0.2% | 2026-Q2 |
| CoreCap Advisors, LLC added | 19,145 | $210K | 0.2% | 2026-Q2 |
| Visionary Horizons, LLC trimmed | 18,089 | $199K | 0.2% | 2026-Q2 |
| GILL CAPITAL PARTNERS, LLC | 17,102 | $188K | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ | 17,083 | $188K | 0.2% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 16,529 | $182K | 0.2% | 2026-Q2 |
| XTX Topco Ltd trimmed | 16,134 | $177K | 0.2% | 2026-Q2 |
| EP Wealth Advisors, LLC trimmed | 15,272 | $168K | 0.2% | 2026-Q2 |
| Allworth Financial LP | 15,000 | $165K | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 13,561 | $149K | 0.1% | 2026-Q2 |
| BlackRock, Inc. | 12,782 | $140K | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 12,230 | $134K | 0.1% | 2026-Q2 |
| EASTERN BANK | 11,009 | $121K | 0.1% | 2026-Q2 |
| MAI Capital Management added | 10,236 | $112K | 0.1% | 2026-Q2 |
| Alpha Omega Wealth Management LLC | 10,000 | $110K | 0.1% | 2026-Q2 |
| LANARK FINANCIAL, INC. | 8,690 | $96K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 8,643 | $95K | 0.1% | 2026-Q2 |
| Clear Street Group Inc. new | 8,473 | $93K | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP | 3,997 | $44K | 0.0% | 2026-Q2 |
| Evelyn Partners Group Ltd new | 3,933 | $43K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 3,130 | $34K | 0.0% | 2026-Q2 |
| Greykasell Wealth Strategies, Inc. trimmed | 2,351 | $26K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 2,286 | $25K | 0.0% | 2026-Q2 |
| Axiom Investment Management LLC added | 1,984 | $22K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,071 | $12K | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ | 500 | $5K | 0.0% | 2026-Q2 |
| HIGHLINE WEALTH PARTNERS LLC | 250 | $3K | 0.0% | 2026-Q2 |
| Kimelman & Baird, LLC | 200 | $2K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 31 | $341 | 0.0% | 2026-Q2 |
| CITIGROUP INC | 2 | $22 | 0.0% | 2026-Q2 |
| Penserra Capital Management LLC trimmed | 965,985 | $11M | 9.7% | 2026-Q1 stale (1 quarter behind) |
| READYSTATE ASSET MANAGEMENT LP trimmed | 175,418 | $2M | 1.8% | 2026-Q1 stale (1 quarter behind) |
| Arkadios Wealth Advisors new | 58,692 | $647K | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 40,797 | $450K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Shaker Financial Services, LLC trimmed | 40,271 | $444K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Euro Pacific Asset Management, LLC | 31,965 | $420K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| NOMURA HOLDINGS INC new | 30,570 | $337K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| JANE STREET GROUP, LLC trimmed | 21,046 | $232K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Lalia Capital, LLC new | 177,700 | $2M | 1.9% | 2025-Q4 stale (2 quarters behind) |
| Point Nemo Capital, LLC new | 37,507 | $442K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 27,817 | $328K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Polar Asset Management Partners Inc. trimmed | 191,719 | $2M | 2.3% | 2025-Q3 stale (3 quarters behind) |
| FORTRESS PRIVATE LEDGER, LLC trimmed | 19,979 | $259K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| VERUS CAPITAL PARTNERS, LLC added | 18,000 | $234K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Graypoint LLC added | 198,701 | $3M | 2.4% | 2025-Q2 stale (4 quarters behind) |
| Baird Financial Group, Inc. added | 84,741 | $1M | 1.0% | 2025-Q2 stale (4 quarters behind) |
| Virtus Investment Advisers, LLC trimmed | 62,480 | $821K | 0.7% | 2025-Q2 stale (4 quarters behind) |
| Atria Wealth Solutions, Inc. trimmed | 22,964 | $302K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| MILLENNIUM MANAGEMENT LLC trimmed | 22,033 | $290K | 0.3% | 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.