Who owns XSVM
Which tracked institutional funds hold XSVM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XSVM 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
22 tracked funds added or opened XSVM while 18 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
XSVM’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 gap the other way — the median holder sizes XSVM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in XSVM 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 129 tracked filers holding XSVM, 59 increased or opened the position and 62 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 XSVM 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
- Apex Wealth Management, LLC$2M
- Independent Advisor Alliance$1M
- ASSETMARK, INC$1M
- Mariner, LLC$960K
- GOLDMAN SACHS GROUP INC$942K
- CITADEL ADVISORS LLC$847K
Full exits 2
- Tolleson Wealth Management, Inc.$2M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$1M
Largest adds
- Del-Sette Capital Management, LLC$2M
- LPL Financial LLC$2M
- 360 Financial, Inc.$2M
- Banco Santander, S.A.$1M
- JONES FINANCIAL COMPANIES LLLP$730K
- ENVESTNET ASSET MANAGEMENT INC$706K
Largest trims
- Valmark Advisers, Inc.$18M
- Traction Financial Partners, LLC$8M
- Janney Montgomery Scott LLC$7M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$7M
- COMMONWEALTH EQUITY SERVICES, LLC$3M
- MML INVESTORS SERVICES, LLC$2M
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 | 854,235 | $51M | 15.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 446,914 | $27M | 7.9% | 2026-Q1 |
| MORGAN STANLEY trimmed | 385,516 | $23M | 6.8% | 2026-Q1 |
| 360 Financial, Inc. added | 324,153 | $20M | 5.7% | 2026-Q1 |
| CWM, LLC trimmed | 213,354 | $13M | 3.8% | 2026-Q1 |
| Banco Santander, S.A. added | 191,813 | $12M | 3.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 190,164 | $11M | 3.3% | 2026-Q1 |
| Cetera Investment Advisers added | 144,598 | $9M | 2.5% | 2026-Q1 |
| Altman Advisors, Inc. added | 139,995 | $8M | 2.5% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 138,157 | $8M | 2.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 118,718 | $7M | 2.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 118,333 | $7M | 2.1% | 2026-Q1 |
| Private Advisor Group, LLC added | 112,004 | $7M | 2.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 111,649 | $7M | 2.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 97,330 | $6M | 1.7% | 2026-Q1 |
| CIBC WORLD MARKET INC. trimmed | 97,215 | $6M | 1.7% | 2026-Q1 |
| Cooper Financial Group trimmed | 71,681 | $4M | 1.3% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 71,264 | $4M | 1.3% | 2026-Q1 |
| Kellett Wealth Advisors, LLC added | 68,120 | $4M | 1.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 62,650 | $4M | 1.1% | 2026-Q1 |
| MONECO ADVISORS, LLC trimmed | 55,365 | $3M | 1.0% | 2026-Q1 |
| Fermata Advisors, LLC trimmed | 51,980 | $3M | 0.9% | 2026-Q1 |
| Del-Sette Capital Management, LLC added | 51,204 | $3M | 0.9% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 50,779 | $3M | 0.9% | 2026-Q1 |
| Focus Partners Advisor Solutions, LLC added | 45,838 | $3M | 0.8% | 2026-Q1 |
| DOPKINS WEALTH MANAGEMENT, LLC added | 45,290 | $3M | 0.8% | 2026-Q1 |
| Premier Path Wealth Partners, LLC trimmed | 39,644 | $2M | 0.7% | 2026-Q1 |
| CITIGROUP INC trimmed | 39,166 | $2M | 0.7% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 38,764 | $2M | 0.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 34,742 | $2M | 0.6% | 2026-Q1 |
| Apex Wealth Management, LLC added | 34,720 | $2M | 0.6% | 2026-Q1 |
| Williams & Novak, LLC added | 34,198 | $2M | 0.6% | 2026-Q1 |
| IHT Wealth Management, LLC trimmed | 31,485 | $2M | 0.6% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 31,168 | $2M | 0.6% | 2026-Q1 |
| LOWERY THOMAS, LLC added | 25,984 | $2M | 0.5% | 2026-Q1 |
| Spire Wealth Management added | 25,857 | $2M | 0.5% | 2026-Q1 |
| Bestgate Wealth Advisors, LLC trimmed | 24,337 | $1M | 0.4% | 2026-Q1 |
| Independent Advisor Alliance added | 23,463 | $1M | 0.4% | 2026-Q1 |
| Traction Financial Partners, LLC trimmed | 23,046 | $1M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 22,076 | $1M | 0.4% | 2026-Q1 |
| SFM, LLC added | 21,295 | $1M | 0.4% | 2026-Q1 |
| ASSETMARK, INC added | 21,187 | $1M | 0.4% | 2026-Q1 |
| OxenFree Capital LLC trimmed | 19,679 | $1M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 18,860 | $1M | 0.3% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 18,100 | $1M | 0.3% | 2026-Q1 |
| Marshall Financial Group, LLC trimmed | 16,933 | $1M | 0.3% | 2026-Q1 |
| Sanctuary Advisors, LLC | 16,535 | $996K | 0.3% | 2026-Q1 |
| Mariner, LLC new | 15,932 | $960K | 0.3% | 2026-Q1 |
| Brightwater Advisory LLC added | 15,928 | $960K | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 15,626 | $942K | 0.3% | 2026-Q1 |
| Asset Allocation Strategies LLC trimmed | 15,135 | $912K | 0.3% | 2026-Q1 |
| UBS Group AG added | 14,577 | $878K | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 14,057 | $847K | 0.2% | 2026-Q1 |
| Eagle Strategies LLC added | 13,780 | $830K | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 13,459 | $811K | 0.2% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 12,541 | $756K | 0.2% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 12,046 | $726K | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 11,692 | $705K | 0.2% | 2026-Q1 |
| Arax Advisory Partners trimmed | 11,171 | $673K | 0.2% | 2026-Q1 |
| Keating Financial Advisory Services, Inc. trimmed | 10,651 | $642K | 0.2% | 2026-Q1 |
| Creative Planning added | 9,715 | $585K | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 9,625 | $580K | 0.2% | 2026-Q1 |
| Institute for Wealth Management, LLC. | 9,240 | $557K | 0.2% | 2026-Q1 |
| Southland Equity Partners LLC trimmed | 9,099 | $548K | 0.2% | 2026-Q1 |
| Armbruster Capital Management, Inc. | 9,094 | $548K | 0.2% | 2026-Q1 |
| Visionary Wealth Advisors | 9,019 | $543K | 0.2% | 2026-Q1 |
| Valued Wealth Advisors LLC trimmed | 8,407 | $507K | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC | 8,151 | $491K | 0.1% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC trimmed | 7,601 | $458K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 7,322 | $441K | 0.1% | 2026-Q1 |
| &PARTNERS new | 6,930 | $418K | 0.1% | 2026-Q1 |
| Maia Wealth LLC added | 6,850 | $413K | 0.1% | 2026-Q1 |
| Equitable Holdings, Inc. trimmed | 6,794 | $388K | 0.1% | 2026-Q1 |
| RFG Advisory, LLC trimmed | 6,388 | $385K | 0.1% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 6,375 | $384K | 0.1% | 2026-Q1 |
| Parallel Advisors, LLC | 6,001 | $362K | 0.1% | 2026-Q1 |
| Oath Planning, LLC trimmed | 5,975 | $360K | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 5,720 | $345K | 0.1% | 2026-Q1 |
| Sigma Planning Corp added | 5,631 | $339K | 0.1% | 2026-Q1 |
| Gateway Wealth Partners, LLC new | 5,550 | $334K | 0.1% | 2026-Q1 |
| SILVERLAKE WEALTH MANAGEMENT LLC added | 5,401 | $325K | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 5,176 | $316K | 0.1% | 2026-Q1 |
| CoreCap Advisors, LLC added | 4,952 | $298K | 0.1% | 2026-Q1 |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 245,514 | $13M | 3.7% | 2025-Q2 stale |
| CW Advisors, LLC trimmed | 116,026 | $6M | 1.8% | 2025-Q2 stale |
| Fortress Wealth Management, Inc. trimmed | 32,068 | $2M | 0.5% | 2025-Q3 stale |
| Tolleson Wealth Management, Inc. | 30,000 | $2M | 0.5% | 2025-Q4 stale |
| CHB Investment Group, LLC trimmed | 26,725 | $1M | 0.4% | 2025-Q2 stale |
| HBW ADVISORY SERVICES LLC added | 25,014 | $1M | 0.4% | 2025-Q2 stale |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 17,963 | $1M | 0.3% | 2025-Q4 stale |
| D.A. DAVIDSON & CO. added | 18,678 | $938K | 0.3% | 2025-Q1 stale |
| Integrated Wealth Concepts LLC added | 16,711 | $869K | 0.3% | 2025-Q2 stale |
| Gladstone Institutional Advisory LLC trimmed | 11,898 | $597K | 0.2% | 2025-Q1 stale |
| Andina Capital Management, LLC trimmed | 11,178 | $561K | 0.2% | 2025-Q1 stale |
| LEIGH BALDWIN & CO., LLC added | 9,049 | $511K | 0.1% | 2025-Q3 stale |
| Arete Wealth Advisors, LLC trimmed | 7,947 | $449K | 0.1% | 2025-Q3 stale |
| 49 WEALTH MANAGEMENT, LLC trimmed | 8,781 | $441K | 0.1% | 2025-Q1 stale |
| TWO SIGMA SECURITIES, LLC new | 8,414 | $422K | 0.1% | 2025-Q1 stale |
| FLOW TRADERS U.S. LLC trimmed | 7,594 | $381K | 0.1% | 2025-Q1 stale |
| Atria Wealth Solutions, Inc. trimmed | 5,689 | $296K | 0.1% | 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.
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.