Who owns XSHQ
Which tracked institutional funds hold XSHQ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XSHQ company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-19). 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
11 tracked funds added or opened XSHQ while 11 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
XSHQ’s largest tracked holder by dollar value, STIFEL FINANCIAL CORP, 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 XSHQ 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 74 tracked filers holding XSHQ, 43 increased or opened the position and 39 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 XSHQ 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
- Independent Advisor Alliance$10M
- Mariner, LLC$4M
- PlanVest Financial, Inc$4M
- Westmount Partners, LLC$2M
Full exits 2
- NewEdge Advisors, LLC$894K
- FLOW TRADERS U.S. LLC$802K
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$15M
- BEACON FINANCIAL PLANNING, INC$2M
- Larson Financial Group LLC$1M
- GOLDMAN SACHS GROUP INC$947K
- RAYMOND JAMES FINANCIAL INC$429K
- JONES FINANCIAL COMPANIES LLLP$327K
Largest trims
- HighPoint Advisor Group LLC$5M
- LPL Financial LLC$3M
- Foundry Financial Group, Inc.$3M
- ROYAL BANK OF CANADA$1M
- OSAIC HOLDINGS, INC.$1M
- Breakwater Capital Group$1M
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 trimmed | 742,875 | $31M | 9.2% | 2026-Q1 |
| Larson Financial Group LLC added | 588,608 | $25M | 7.3% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 424,872 | $18M | 5.3% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 233,731 | $10M | 2.9% | 2026-Q1 |
| Breakwater Capital Group trimmed | 177,110 | $7M | 2.2% | 2026-Q1 |
| HighPoint Advisor Group LLC trimmed | 170,202 | $7M | 2.1% | 2026-Q1 |
| BEACON FINANCIAL PLANNING, INC added | 131,997 | $6M | 1.6% | 2026-Q1 |
| Private Advisory Group LLC added | 131,409 | $6M | 1.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 100,471 | $4M | 1.2% | 2026-Q1 |
| Mariner, LLC new | 96,196 | $4M | 1.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 89,270 | $4M | 1.1% | 2026-Q1 |
| PlanVest Financial, Inc new | 83,718 | $4M | 1.0% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. added | 82,913 | $3M | 1.0% | 2026-Q1 |
| Intrua Financial, LLC trimmed | 81,711 | $3M | 1.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 77,823 | $3M | 1.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 73,359 | $3M | 0.9% | 2026-Q1 |
| Equitable Holdings, Inc. added | 52,372 | $2M | 0.6% | 2026-Q1 |
| Westmount Partners, LLC new | 40,000 | $2M | 0.6% | 2026-Q1 |
| Fifth Third Securities, Inc. added | 48,315 | $2M | 0.6% | 2026-Q1 |
| Cetera Investment Advisers added | 46,272 | $2M | 0.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 43,417 | $2M | 0.5% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 27,186 | $1M | 0.3% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 22,421 | $945K | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 21,577 | $910K | 0.3% | 2026-Q1 |
| Golden State Wealth Management, LLC added | 21,337 | $900K | 0.3% | 2026-Q1 |
| Madison Asset Management, LLC trimmed | 21,316 | $899K | 0.3% | 2026-Q1 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC added | 21,164 | $892K | 0.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 19,721 | $831K | 0.2% | 2026-Q1 |
| Family Manage LLC trimmed | 17,636 | $744K | 0.2% | 2026-Q1 |
| TAGStone Capital, Inc. added | 17,502 | $738K | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 17,423 | $735K | 0.2% | 2026-Q1 |
| GHP Investment Advisors, Inc. added | 17,036 | $718K | 0.2% | 2026-Q1 |
| Fortune Financial Group, Inc. added | 16,692 | $704K | 0.2% | 2026-Q1 |
| ROMAN BUTLER FULLERTON & CO added | 15,565 | $681K | 0.2% | 2026-Q1 |
| TWIN PEAKS WEALTH ADVISORS, LLC trimmed | 12,702 | $536K | 0.2% | 2026-Q1 |
| Summit Financial, LLC added | 11,428 | $482K | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 10,157 | $428K | 0.1% | 2026-Q1 |
| Sigma Planning Corp trimmed | 9,561 | $403K | 0.1% | 2026-Q1 |
| Onyx Bridge Wealth Group LLC trimmed | 9,192 | $388K | 0.1% | 2026-Q1 |
| Foundry Financial Group, Inc. trimmed | 7,506 | $316K | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 7,436 | $314K | 0.1% | 2026-Q1 |
| Essex Financial Services, Inc. added | 6,700 | $282K | 0.1% | 2026-Q1 |
| Fox Financial, Inc trimmed | 6,528 | $275K | 0.1% | 2026-Q1 |
| Kingsview Wealth Management, LLC added | 6,503 | $274K | 0.1% | 2026-Q1 |
| Nikulski Financial, Inc. trimmed | 6,275 | $265K | 0.1% | 2026-Q1 |
| Brookstone Capital Management added | 6,036 | $254K | 0.1% | 2026-Q1 |
| D.A. DAVIDSON & CO. new | 6,012 | $253K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 5,999 | $253K | 0.1% | 2026-Q1 |
| Northwest Financial Advisors added | 5,984 | $252K | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC | 5,910 | $249K | 0.1% | 2026-Q1 |
| Snowden Capital Advisors LLC trimmed | 5,582 | $235K | 0.1% | 2026-Q1 |
| Mascagni Wealth Management, Inc. added | 5,578 | $235K | 0.1% | 2026-Q1 |
| Hunter Perkins Capital Management, LLC new | 5,493 | $232K | 0.1% | 2026-Q1 |
| CONNORS INVESTOR SERVICES INC trimmed | 5,500 | $232K | 0.1% | 2026-Q1 |
| Archer Investment Management, LLC trimmed | 5,254 | $222K | 0.1% | 2026-Q1 |
| Rossby Financial, LCC new | 4,939 | $209K | 0.1% | 2026-Q1 |
| EFG International AG | 3,939 | $166K | 0.0% | 2026-Q1 |
| MCF Advisors LLC new | 3,851 | $162K | 0.0% | 2026-Q1 |
| Cullen/Frost Bankers, Inc. | 2,204 | $93K | 0.0% | 2026-Q1 |
| Capital Investment Advisory Services, LLC trimmed | 2,150 | $91K | 0.0% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,138,723 | $45M | 13.2% | 2025-Q1 stale |
| BENJAMIN EDWARDS INC added | 979,889 | $39M | 11.4% | 2025-Q1 stale |
| NEW YORK LIFE INVESTMENT MANAGEMENT LLC added | 620,881 | $25M | 7.4% | 2025-Q2 stale |
| CONFLUENCE INVESTMENT MANAGEMENT LLC added | 459,211 | $18M | 5.3% | 2025-Q1 stale |
| SPX Gestao de Recursos Ltda trimmed | 189,080 | $8M | 2.3% | 2025-Q2 stale |
| Accordant Advisory Group Inc added | 186,176 | $7M | 2.2% | 2025-Q1 stale |
| Alaska Wealth Advisors added | 118,955 | $5M | 1.5% | 2025-Q3 stale |
| Employees' Retirement Fund of the City of Fort Worth added | 109,900 | $5M | 1.4% | 2025-Q3 stale |
| Capital Planning Advisors, LLC added | 95,281 | $4M | 1.1% | 2025-Q1 stale |
| Perigon Wealth Management, LLC trimmed | 58,586 | $2M | 0.7% | 2025-Q2 stale |
| BNP PARIBAS FINANCIAL MARKETS added | 40,000 | $2M | 0.5% | 2025-Q3 stale |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 30,635 | $1M | 0.4% | 2025-Q3 stale |
| Visionary Wealth Advisors added | 32,116 | $1M | 0.4% | 2025-Q1 stale |
| THOROUGHBRED FINANCIAL SERVICES, LLC added | 29,905 | $1M | 0.3% | 2025-Q1 stale |
| Atria Wealth Solutions, Inc. trimmed | 27,923 | $1M | 0.3% | 2025-Q1 stale |
| NewEdge Advisors, LLC added | 21,248 | $894K | 0.3% | 2025-Q4 stale |
| TWO SIGMA INVESTMENTS, LP trimmed | 20,300 | $802K | 0.2% | 2025-Q1 stale |
| FLOW TRADERS U.S. LLC added | 19,049 | $802K | 0.2% | 2025-Q4 stale |
| Consolidated Portfolio Review Corp added | 17,933 | $772K | 0.2% | 2025-Q3 stale |
| Schwallier Wealth Management LLC trimmed | 12,499 | $509K | 0.1% | 2025-Q2 stale |
| Thrivent Financial for Lutherans added | 11,089 | $467K | 0.1% | 2025-Q4 stale |
| Good Life Advisors, LLC trimmed | 9,933 | $405K | 0.1% | 2025-Q2 stale |
| Sanctuary Advisors, LLC trimmed | 8,957 | $377K | 0.1% | 2025-Q4 stale |
| Financial Advocates Investment Management trimmed | 9,032 | $368K | 0.1% | 2025-Q2 stale |
| IHT Wealth Management, LLC added | 7,854 | $338K | 0.1% | 2025-Q3 stale |
| Alaska Permanent Capital Management, LLC trimmed | 7,837 | $338K | 0.1% | 2025-Q3 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 7,937 | $334K | 0.1% | 2025-Q4 stale |
| Gladstone Institutional Advisory LLC trimmed | 6,835 | $270K | 0.1% | 2025-Q1 stale |
| Firestone Capital Management new | 6,401 | $253K | 0.1% | 2025-Q1 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 6,160 | $251K | 0.1% | 2025-Q2 stale |
| MML INVESTORS SERVICES, LLC added | 5,673 | $231K | 0.1% | 2025-Q2 stale |
| Narus Financial Partners, LLC added | 5,375 | $226K | 0.1% | 2025-Q4 stale |
| SeaCrest Wealth Management, LLC trimmed | 5,098 | $219K | 0.1% | 2025-Q4 stale |
| Private Advisor Group, LLC trimmed | 5,066 | $218K | 0.1% | 2025-Q3 stale |
| Envestnet Portfolio Solutions, Inc. added | 5,362 | $212K | 0.1% | 2025-Q1 stale |
| Donor Advised Charitable Giving, Inc. new | 4,994 | $210K | 0.1% | 2025-Q4 stale |
| PRIVATE TRUST CO NA | 1,759 | $70K | 0.0% | 2025-Q1 stale |
| GPS Wealth Strategies Group, LLC | 1,313 | $56K | 0.0% | 2025-Q3 stale |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 1,316 | $55K | 0.0% | 2025-Q4 stale |
| Centennial Bank/AR/ trimmed | 1,231 | $52K | 0.0% | 2025-Q4 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.