Who owns XSD
Which tracked institutional funds hold XSD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XSD company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
27 tracked funds added or opened XSD while 21 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
XSD’s largest tracked holder by dollar value, LPL Financial LLC, 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 XSD 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 248 tracked filers holding XSD, 100 increased or opened the position and 100 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 XSD 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
- ALTFEST L J & CO INC$5M
- Vertex Investment Solutions Co., Ltd.$1M
- One Capital Management, LLC$1M
- Junk Investment Group, LLC$776K
Full exits 7
- MGB Wealth Management, LLC$10M
- CITADEL ADVISORS LLC$6M
- Baird Financial Group, Inc.$3M
- Jump Financial, LLC$1M
- Global Assets Advisory, LLC$1M
- Soltis Investment Advisors LLC$681K
Largest adds
- RAYMOND JAMES FINANCIAL INC$10M
- Kingsview Wealth Management, LLC$10M
- BNP PARIBAS FINANCIAL MARKETS$8M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$5M
- MORGAN STANLEY$4M
- ROYAL BANK OF CANADA$3M
Largest trims
- VICUS CAPITAL$4M
- McGuire Investment Group, LLC$1M
- PNC FINANCIAL SERVICES GROUP, INC.$1M
- MML INVESTORS SERVICES, LLC$1M
- GOLDMAN SACHS GROUP INC$1M
- Sanctuary Advisors, LLC$534K
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 |
|---|---|---|---|---|
| LPL Financial LLC added | 247,248 | $81M | 13.8% | 2026-Q1 |
| MORGAN STANLEY added | 162,655 | $53M | 9.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 86,691 | $28M | 4.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 81,779 | $27M | 4.6% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 73,344 | $24M | 4.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 70,546 | $23M | 3.9% | 2026-Q1 |
| Kingsview Wealth Management, LLC added | 53,556 | $17M | 3.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 52,303 | $17M | 2.9% | 2026-Q1 |
| UBS Group AG added | 50,967 | $17M | 2.8% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 50,361 | $16M | 2.8% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 34,808 | $11M | 1.9% | 2026-Q1 |
| McGuire Investment Group, LLC trimmed | 34,465 | $11M | 1.9% | 2026-Q1 |
| Hobart Private Capital, LLC trimmed | 33,438 | $11M | 1.9% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 32,269 | $11M | 1.8% | 2026-Q1 |
| CoreCap Advisors, LLC added | 28,541 | $9M | 1.6% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 26,741 | $9M | 1.5% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 26,453 | $9M | 1.5% | 2026-Q1 |
| First Interstate Bank trimmed | 26,294 | $9M | 1.5% | 2026-Q1 |
| JMAC ENTERPRISES LLC added | 24,482 | $8M | 1.4% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 23,838 | $8M | 1.3% | 2026-Q1 |
| CacheTech Inc. trimmed | 23,723 | $8M | 1.3% | 2026-Q1 |
| Adams Wealth Management trimmed | 22,683 | $7M | 1.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 21,291 | $7M | 1.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 21,039 | $7M | 1.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 21,013 | $7M | 1.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 18,682 | $6M | 1.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 18,422 | $6M | 1.0% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 16,117 | $5M | 0.9% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 14,241 | $5M | 0.8% | 2026-Q1 |
| ALTFEST L J & CO INC new | 13,962 | $5M | 0.8% | 2026-Q1 |
| Mariner, LLC added | 13,045 | $4M | 0.7% | 2026-Q1 |
| Beaumont Asset Management, L.L.C. added | 11,369 | $4M | 0.6% | 2026-Q1 |
| MONEY CONCEPTS CAPITAL CORP trimmed | 10,835 | $4M | 0.6% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 9,831 | $3M | 0.5% | 2026-Q1 |
| Dale Q Rice Investment Management Ltd trimmed | 9,086 | $3M | 0.5% | 2026-Q1 |
| Game Plan Financial Advisors, LLC added | 8,701 | $3M | 0.5% | 2026-Q1 |
| Yarbrough Capital, LLC | 7,096 | $2M | 0.4% | 2026-Q1 |
| HARBOR ADVISORY CORP /MA/ trimmed | 6,864 | $2M | 0.4% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 6,995 | $2M | 0.4% | 2026-Q1 |
| Cerity Partners LLC added | 6,375 | $2M | 0.4% | 2026-Q1 |
| GRIMES & Co WEALTH MANAGEMENT, LLC trimmed | 5,964 | $2M | 0.3% | 2026-Q1 |
| CHATHAM CAPITAL GROUP, INC. added | 5,767 | $2M | 0.3% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 5,732 | $2M | 0.3% | 2026-Q1 |
| Chicago Partners Investment Group LLC added | 4,036 | $2M | 0.3% | 2026-Q1 |
| Warner Group LLC added | 5,308 | $2M | 0.3% | 2026-Q1 |
| Sharper & Granite LLC trimmed | 5,240 | $2M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 5,233 | $2M | 0.3% | 2026-Q1 |
| Gerber Kawasaki Wealth & Investment Management trimmed | 4,952 | $2M | 0.3% | 2026-Q1 |
| ARKANSAS FINANCIAL GROUP, INC. trimmed | 4,091 | $1M | 0.3% | 2026-Q1 |
| CITIGROUP INC added | 4,366 | $1M | 0.2% | 2026-Q1 |
| Vertex Investment Solutions Co., Ltd. new | 4,400 | $1M | 0.2% | 2026-Q1 |
| Tower Research Capital LLC (TRC) added | 4,244 | $1M | 0.2% | 2026-Q1 |
| Apollon Wealth Management, LLC trimmed | 3,810 | $1M | 0.2% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 3,756 | $1M | 0.2% | 2026-Q1 |
| Sovran Advisors, LLC added | 2,491 | $1M | 0.2% | 2026-Q1 |
| Merit Financial Group, LLC trimmed | 3,632 | $1M | 0.2% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 3,577 | $1M | 0.2% | 2026-Q1 |
| Creative Planning added | 3,566 | $1M | 0.2% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 3,533 | $1M | 0.2% | 2026-Q1 |
| Fifth Third Securities, Inc. added | 3,527 | $1M | 0.2% | 2026-Q1 |
| &PARTNERS added | 3,510 | $1M | 0.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 3,286 | $1M | 0.2% | 2026-Q1 |
| Focus Partners Wealth trimmed | 3,242 | $1M | 0.2% | 2026-Q1 |
| Global Financial Private Client, LLC added | 3,217 | $1M | 0.2% | 2026-Q1 |
| One Capital Management, LLC new | 3,126 | $1M | 0.2% | 2026-Q1 |
| World Investment Advisors added | 3,073 | $1M | 0.2% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC added | 3,060 | $998K | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 3,047 | $994K | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 2,962 | $966K | 0.2% | 2026-Q1 |
| Regent Peak Wealth Advisors LLC trimmed | 2,937 | $958K | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 2,920 | $952K | 0.2% | 2026-Q1 |
| Conservest Capital Advisors, Inc. added | 2,785 | $908K | 0.2% | 2026-Q1 |
| Kaizen Financial Strategies added | 2,110 | $853K | 0.1% | 2026-Q1 |
| Rathbones Group PLC | 2,568 | $837K | 0.1% | 2026-Q1 |
| IHT Wealth Management, LLC trimmed | 2,566 | $837K | 0.1% | 2026-Q1 |
| Bawa N Mallick Trust | 2,500 | $815K | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 2,544 | $779K | 0.1% | 2026-Q1 |
| Junk Investment Group, LLC new | 2,379 | $776K | 0.1% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 2,375 | $775K | 0.1% | 2026-Q1 |
| FRG Family Wealth Advisors LLC trimmed | 2,370 | $773K | 0.1% | 2026-Q1 |
| Beacon Financial Advisory LLC added | 2,337 | $762K | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. | 2,160 | $704K | 0.1% | 2026-Q1 |
| Odyssey Capital Advisors, Inc. | 2,086 | $680K | 0.1% | 2026-Q1 |
| EJMK Ventures LLC trimmed | 2,043 | $666K | 0.1% | 2026-Q1 |
| M3 Advisory Group, LLC added | 2,017 | $658K | 0.1% | 2026-Q1 |
| MGB Wealth Management, LLC trimmed | 31,571 | $10M | 1.7% | 2025-Q4 stale |
| MILLENNIUM MANAGEMENT LLC added | 37,987 | $10M | 1.7% | 2025-Q2 stale |
| CITADEL ADVISORS LLC added | 18,700 | $6M | 1.0% | 2025-Q4 stale |
| Baird Financial Group, Inc. trimmed | 8,441 | $3M | 0.5% | 2025-Q4 stale |
| SANDLER CAPITAL MANAGEMENT trimmed | 9,000 | $2M | 0.4% | 2025-Q2 stale |
| Clark Capital Management Group, Inc. new | 8,876 | $2M | 0.4% | 2025-Q2 stale |
| Fort Point Capital Partners LLC added | 5,756 | $1M | 0.3% | 2025-Q2 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 5,562 | $1M | 0.2% | 2025-Q2 stale |
| Jump Financial, LLC new | 4,062 | $1M | 0.2% | 2025-Q4 stale |
| Global Assets Advisory, LLC added | 3,751 | $1M | 0.2% | 2025-Q4 stale |
| Empowered Funds, LLC trimmed | 4,678 | $939K | 0.2% | 2025-Q1 stale |
| WOLVERINE TRADING, LLC trimmed | 2,751 | $869K | 0.1% | 2025-Q3 stale |
| Constant Guidance Financial LLC new | 13,135 | $720K | 0.1% | 2025-Q3 stale |
| Soltis Investment Advisors LLC trimmed | 2,118 | $681K | 0.1% | 2025-Q4 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 2,100 | $670K | 0.1% | 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.
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.