Who owns ZFEB
Which tracked institutional funds hold ZFEB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ZFEB company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 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
The tracked-fund tape on ZFEB is one-sided between 2025-Q4 and 2026-Q1: 22 added or opened and 6 trimmed or exited — on balance accumulating.
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
ZFEB’s largest tracked holder by dollar value, Trek Financial, LLC, sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ZFEB 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 98 tracked filers holding ZFEB, 61 increased or opened the position and 22 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 ZFEB 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 8
- Blossom Wealth Management$2M
- CANANDAIGUA NATIONAL CORP$1M
- Heck Capital Advisors, LLC$1M
- Summit Wealth Partners, LLC$958K
- AssuredPartners Investment Advisors, LLC$894K
- CreativeOne Wealth, LLC$658K
Full exits 2
- CANANDAIGUA NATIONAL BANK & TRUST CO$1M
- OLD MISSION CAPITAL LLC$752K
Largest adds
- TRUIST FINANCIAL CORP$3M
- Alpine Bank Wealth Management$2M
- COMMONWEALTH EQUITY SERVICES, LLC$2M
- ENVESTNET ASSET MANAGEMENT INC$1M
- RAYMOND JAMES FINANCIAL INC$1M
- MML INVESTORS SERVICES, LLC$999K
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- NewEdge Advisors, LLC$1M
- Prostatis Group LLC$846K
- AE Wealth Management LLC$537K
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 |
|---|---|---|---|---|
| Trek Financial, LLC added | 333,329 | $8M | 8.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 213,775 | $5M | 5.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 161,510 | $4M | 4.1% | 2026-Q1 |
| NovaPoint Capital, LLC trimmed | 160,889 | $4M | 4.1% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 124,706 | $3M | 3.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 122,052 | $3M | 3.1% | 2026-Q1 |
| Alpine Bank Wealth Management added | 115,000 | $3M | 2.9% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 114,787 | $3M | 2.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 109,813 | $3M | 2.8% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 107,628 | $3M | 2.7% | 2026-Q1 |
| Cetera Investment Advisers added | 97,100 | $2M | 2.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 85,291 | $2M | 2.2% | 2026-Q1 |
| Blossom Wealth Management new | 84,787 | $2M | 2.1% | 2026-Q1 |
| Lineweaver Wealth Advisors, LLC added | 65,311 | $2M | 1.7% | 2026-Q1 |
| Integrity Advisory Solutions, LLC added | 65,152 | $2M | 1.6% | 2026-Q1 |
| Peak Wealth Management LLC | 60,330 | $2M | 1.5% | 2026-Q1 |
| Ashton Thomas Private Wealth, LLC trimmed | 57,691 | $1M | 1.5% | 2026-Q1 |
| CANANDAIGUA NATIONAL CORP new | 56,842 | $1M | 1.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 55,996 | $1M | 1.4% | 2026-Q1 |
| HighTower Advisors, LLC | 46,940 | $1M | 1.2% | 2026-Q1 |
| Heck Capital Advisors, LLC new | 44,700 | $1M | 1.1% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 44,504 | $1M | 1.1% | 2026-Q1 |
| Ameritas Advisory Services, LLC | 41,771 | $1M | 1.1% | 2026-Q1 |
| Kingsview Wealth Management, LLC | 39,366 | $1,000K | 1.0% | 2026-Q1 |
| Summit Wealth Partners, LLC added | 37,726 | $958K | 1.0% | 2026-Q1 |
| LPL Financial LLC trimmed | 37,647 | $956K | 1.0% | 2026-Q1 |
| OPTIMA CAPITAL LLC added | 37,324 | $948K | 0.9% | 2026-Q1 |
| AssuredPartners Investment Advisors, LLC added | 35,207 | $894K | 0.9% | 2026-Q1 |
| Archer Investment Corp trimmed | 34,743 | $882K | 0.9% | 2026-Q1 |
| Brookstone Capital Management added | 32,982 | $837K | 0.8% | 2026-Q1 |
| Atlantic Private Wealth, LLC added | 31,394 | $797K | 0.8% | 2026-Q1 |
| WPWealth LLP | 26,407 | $670K | 0.7% | 2026-Q1 |
| CreativeOne Wealth, LLC new | 25,922 | $658K | 0.7% | 2026-Q1 |
| CENTRAL VALLEY ADVISORS, LLC added | 25,799 | $655K | 0.7% | 2026-Q1 |
| IFP Advisors, Inc added | 25,604 | $650K | 0.6% | 2026-Q1 |
| KFG WEALTH MANAGEMENT, LLC added | 24,646 | $626K | 0.6% | 2026-Q1 |
| Chris Bulman Inc trimmed | 24,303 | $617K | 0.6% | 2026-Q1 |
| IMG Wealth Management, Inc. | 24,260 | $616K | 0.6% | 2026-Q1 |
| Truvestments Capital LLC added | 23,599 | $599K | 0.6% | 2026-Q1 |
| SYKON CAPITAL LLC new | 23,355 | $593K | 0.6% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 22,355 | $568K | 0.6% | 2026-Q1 |
| Clear Creek Financial Management, LLC added | 21,954 | $557K | 0.6% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 21,859 | $555K | 0.6% | 2026-Q1 |
| GWN SECURITIES INC. new | 20,924 | $531K | 0.5% | 2026-Q1 |
| AXXCESS WEALTH MANAGEMENT, LLC | 20,915 | $531K | 0.5% | 2026-Q1 |
| DAVENPORT & Co LLC added | 19,054 | $484K | 0.5% | 2026-Q1 |
| Prostatis Group LLC trimmed | 18,016 | $457K | 0.5% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 17,964 | $456K | 0.5% | 2026-Q1 |
| SIGNATUREFD, LLC new | 17,000 | $432K | 0.4% | 2026-Q1 |
| EVOLUTION WEALTH MANAGEMENT INC. added | 16,737 | $425K | 0.4% | 2026-Q1 |
| KELLY FINANCIAL GROUP LLC new | 16,435 | $417K | 0.4% | 2026-Q1 |
| Five Pine Wealth Management new | 16,107 | $409K | 0.4% | 2026-Q1 |
| CGN Advisors LLC added | 16,065 | $408K | 0.4% | 2026-Q1 |
| Waverly Advisors, LLC added | 16,004 | $406K | 0.4% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 15,786 | $401K | 0.4% | 2026-Q1 |
| Tradition Wealth Management, LLC added | 15,703 | $399K | 0.4% | 2026-Q1 |
| Mutual Advisors, LLC new | 15,687 | $398K | 0.4% | 2026-Q1 |
| Continuum Advisory, LLC trimmed | 15,292 | $388K | 0.4% | 2026-Q1 |
| Strategic Blueprint, LLC trimmed | 14,483 | $368K | 0.4% | 2026-Q1 |
| CoreCap Advisors, LLC new | 14,120 | $359K | 0.4% | 2026-Q1 |
| SUMMIT WEALTH GROUP LLC / CO | 13,933 | $354K | 0.4% | 2026-Q1 |
| Cornerstone Wealth Group, LLC new | 13,707 | $352K | 0.4% | 2026-Q1 |
| Advisory Services Network, LLC added | 13,744 | $349K | 0.3% | 2026-Q1 |
| Cypress Wealth Services, LLC | 13,574 | $345K | 0.3% | 2026-Q1 |
| Stratos Wealth Advisors, LLC added | 12,946 | $329K | 0.3% | 2026-Q1 |
| Fortune Financial Group, Inc. trimmed | 12,500 | $317K | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 12,170 | $309K | 0.3% | 2026-Q1 |
| Souders Financial Advisors new | 11,584 | $294K | 0.3% | 2026-Q1 |
| CROSSPOINT FINANCIAL, LLC | 11,441 | $290K | 0.3% | 2026-Q1 |
| ADAMSBROWN WEALTH CONSULTANTS LLC | 10,665 | $271K | 0.3% | 2026-Q1 |
| Ausdal Financial Partners, Inc. trimmed | 10,499 | $267K | 0.3% | 2026-Q1 |
| Insight Wealth Partners, LLC new | 10,487 | $266K | 0.3% | 2026-Q1 |
| SAGESPRING WEALTH PARTNERS, LLC trimmed | 10,471 | $266K | 0.3% | 2026-Q1 |
| NorthRock Partners, LLC new | 10,424 | $265K | 0.3% | 2026-Q1 |
| PTM WEALTH MANAGEMENT, LLC | 10,000 | $254K | 0.3% | 2026-Q1 |
| OPPENHEIMER & CO INC new | 10,000 | $254K | 0.3% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 9,962 | $253K | 0.3% | 2026-Q1 |
| Apriem Advisors | 9,500 | $241K | 0.2% | 2026-Q1 |
| Concurrent Investment Advisors, LLC new | 8,094 | $206K | 0.2% | 2026-Q1 |
| Sovran Advisors, LLC new | 7,837 | $202K | 0.2% | 2026-Q1 |
| Glen Eagle Advisors, LLC trimmed | 7,576 | $192K | 0.2% | 2026-Q1 |
| HARBOR INVESTMENT ADVISORY, LLC | 4,190 | $106K | 0.1% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC new | 141,816 | $3M | 3.3% | 2025-Q1 stale |
| Mach-1 Financial Group, LLC new | 70,342 | $2M | 1.7% | 2025-Q3 stale |
| HBW ADVISORY SERVICES LLC trimmed | 48,258 | $1M | 1.2% | 2025-Q3 stale |
| CANANDAIGUA NATIONAL BANK & TRUST CO trimmed | 41,142 | $1M | 1.0% | 2025-Q4 stale |
| Reliant Wealth Planning new | 39,381 | $960K | 1.0% | 2025-Q2 stale |
| OLD MISSION CAPITAL LLC trimmed | 29,619 | $752K | 0.7% | 2025-Q4 stale |
| Vantage Financial Partners, LLC | 19,382 | $492K | 0.5% | 2025-Q4 stale |
| JANE STREET GROUP, LLC new | 17,265 | $408K | 0.4% | 2025-Q1 stale |
| Atria Wealth Solutions, Inc. new | 15,876 | $376K | 0.4% | 2025-Q1 stale |
| HRT FINANCIAL LP new | 12,889 | $314K | 0.3% | 2025-Q2 stale |
| BRASS TAX WEALTH MANAGEMENT, INC trimmed | 12,260 | $306K | 0.3% | 2025-Q3 stale |
| WEDBUSH SECURITIES INC new | 11,168 | $272K | 0.3% | 2025-Q2 stale |
| WorthPointe, LLC | 10,048 | $255K | 0.3% | 2025-Q4 stale |
| Chicago Partners Investment Group LLC trimmed | 9,094 | $223K | 0.2% | 2025-Q2 stale |
| FSA Advisors, Inc. trimmed | 8,698 | $221K | 0.2% | 2025-Q4 stale |
| PRINCIPAL SECURITIES, INC. | 6,087 | $152K | 0.2% | 2025-Q3 stale |
| SageView Advisory Group, LLC new | 5,035 | $128K | 0.1% | 2025-Q4 stale |
| BARCLAYS PLC trimmed | 4,536 | $115K | 0.1% | 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.