Who owns ZROZ
Which tracked institutional funds hold ZROZ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ZROZ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 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
36 tracked funds added or opened ZROZ while 31 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
ZROZ’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, 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 ZROZ more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in ZROZ 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 119 tracked filers holding ZROZ, 63 increased or opened the position and 75 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 ZROZ 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 11
- Quadrature Capital Ltd$18M
- Tidal Investments LLC$11M
- GTS SECURITIES LLC$3M
- COMPASS FINANCIAL MANAGEMENT LLC$2M
- Sigma Planning Corp$2M
- OneDigital Investment Advisors LLC$1M
Full exits 14
- MILLENNIUM MANAGEMENT LLC$6M
- Glaxis Capital Management, LLC$4M
- WEDBUSH SECURITIES INC$4M
- Janney Montgomery Scott LLC$3M
- Redwood Investment Management, LLC$2M
- IFP Advisors, Inc$1M
Largest adds
- BANK OF AMERICA CORP /DE/$35M
- Tower Research Capital LLC (TRC)$5M
- AE Wealth Management LLC$5M
- MML INVESTORS SERVICES, LLC$3M
- LPL Financial LLC$3M
- RAYMOND JAMES FINANCIAL INC$2M
Largest trims
- Mirae Asset Global Investments Co., Ltd.$24M
- Centurion Wealth Management LLC$6M
- Mid-American Wealth Advisory Group, Inc.$4M
- CITADEL ADVISORS LLC$3M
- JANE STREET GROUP, LLC$3M
- ENVESTNET ASSET MANAGEMENT INC$2M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 1,290,253 | $83M | 14.0% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 857,839 | $55M | 9.3% | 2026-Q2 |
| LPL Financial LLC added | 686,112 | $44M | 7.4% | 2026-Q2 |
| RWA WEALTH PARTNERS, LLC | 598,288 | $38M | 6.5% | 2026-Q2 |
| RiverFront Investment Group, LLC added | 557,422 | $36M | 6.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 486,324 | $31M | 5.3% | 2026-Q2 |
| CPC Advisors, LLC trimmed | 417,268 | $27M | 4.5% | 2026-Q2 |
| GenWealth Group, Inc. added | 406,774 | $26M | 4.4% | 2026-Q2 |
| Quadrature Capital Ltd added | 287,853 | $18M | 3.1% | 2026-Q2 |
| Krilogy Financial LLC added | 253,936 | $16M | 2.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 227,054 | $15M | 2.5% | 2026-Q2 |
| Tidal Investments LLC added | 171,949 | $11M | 1.8% | 2026-Q2 |
| Cyndeo Wealth Partners, LLC added | 154,331 | $10M | 1.7% | 2026-Q2 |
| MORGAN STANLEY trimmed | 152,855 | $10M | 1.7% | 2026-Q2 |
| Paragon Advisors, LLC added | 148,433 | $10M | 1.6% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 129,466 | $8M | 1.4% | 2026-Q2 |
| AE Wealth Management LLC added | 116,512 | $7M | 1.3% | 2026-Q2 |
| IHT Wealth Management, LLC added | 105,172 | $7M | 1.1% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 100,242 | $6M | 1.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 97,839 | $6M | 1.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 96,029 | $6M | 1.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 91,404 | $6M | 1.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 89,650 | $6M | 1.0% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 84,180 | $5M | 0.9% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 82,296 | $5M | 0.9% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 77,427 | $5M | 0.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 76,955 | $5M | 0.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 70,314 | $5M | 0.8% | 2026-Q2 |
| Marex Group Ltd | 68,904 | $4M | 0.7% | 2026-Q2 |
| UBS Group AG added | 64,498 | $4M | 0.7% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 60,170 | $4M | 0.7% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 58,897 | $4M | 0.6% | 2026-Q2 |
| Arlington Capital Management, Inc. added | 51,742 | $3M | 0.6% | 2026-Q2 |
| Mid-American Wealth Advisory Group, Inc. trimmed | 47,445 | $3M | 0.5% | 2026-Q2 |
| Retirement Management Systems Inc. added | 46,622 | $3M | 0.5% | 2026-Q2 |
| GTS SECURITIES LLC added | 46,103 | $3M | 0.5% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 45,475 | $3M | 0.5% | 2026-Q2 |
| &PARTNERS trimmed | 42,280 | $3M | 0.5% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 38,946 | $2M | 0.4% | 2026-Q2 |
| SHEPHERD KAPLAN KROCHUK, LLC trimmed | 38,300 | $2M | 0.4% | 2026-Q2 |
| Sigma Planning Corp new | 36,272 | $2M | 0.4% | 2026-Q2 |
| Golden Reserve Retirement LLC added | 32,121 | $2M | 0.3% | 2026-Q2 |
| Carrera Capital Advisors added | 31,229 | $2M | 0.3% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 29,408 | $2M | 0.3% | 2026-Q2 |
| Lloyd Advisory Services, LLC. added | 29,084 | $2M | 0.3% | 2026-Q2 |
| Delos Wealth Advisors, LLC added | 28,140 | $2M | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 27,045 | $2M | 0.3% | 2026-Q2 |
| Provident Wealth Management, LLC trimmed | 24,761 | $2M | 0.3% | 2026-Q2 |
| Prospera Financial Services Inc trimmed | 22,492 | $1M | 0.2% | 2026-Q2 |
| Goodman Advisory Group, LLC trimmed | 22,401 | $1M | 0.2% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 22,113 | $1M | 0.2% | 2026-Q2 |
| FLP Wealth Management, LLC added | 21,794 | $1M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 21,699 | $1M | 0.2% | 2026-Q2 |
| OneDigital Investment Advisors LLC trimmed | 21,203 | $1M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 19,887 | $1M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC added | 17,718 | $1M | 0.2% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 17,342 | $1M | 0.2% | 2026-Q2 |
| Valtinson Bruner Financial Planning LLC trimmed | 17,149 | $1M | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 15,270 | $998K | 0.2% | 2026-Q2 |
| Phoenix Financial Ltd. new | 15,177 | $967K | 0.2% | 2026-Q2 |
| Centurion Wealth Management LLC trimmed | 12,967 | $831K | 0.1% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 12,700 | $814K | 0.1% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 11,977 | $768K | 0.1% | 2026-Q2 |
| Williams & Novak, LLC trimmed | 10,690 | $685K | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 10,106 | $650K | 0.1% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC added | 9,455 | $606K | 0.1% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 9,405 | $603K | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 9,079 | $582K | 0.1% | 2026-Q2 |
| PRELUDE CAPITAL MANAGEMENT, LLC added | 9,030 | $579K | 0.1% | 2026-Q2 |
| Great Lakes Retirement, Inc. added | 8,452 | $542K | 0.1% | 2026-Q2 |
| HOWARD BAILEY SECURITIES, LLC trimmed | 8,268 | $530K | 0.1% | 2026-Q2 |
| B.O.S.S. Retirement Advisors, LLC added | 7,991 | $512K | 0.1% | 2026-Q2 |
| Ballew Advisors, Inc | 7,435 | $466K | 0.1% | 2026-Q2 |
| Simplicity Wealth,LLC trimmed | 6,961 | $446K | 0.1% | 2026-Q2 |
| BCWM, LLC trimmed | 6,863 | $440K | 0.1% | 2026-Q2 |
| Sankala Group LLC trimmed | 6,860 | $395K | 0.1% | 2026-Q2 |
| Authentikos Wealth Advisory, LLC added | 6,229 | $399K | 0.1% | 2026-Q2 |
| Elevated Capital Advisors, LLC added | 6,160 | $395K | 0.1% | 2026-Q2 |
| Savant Capital, LLC new | 5,812 | $372K | 0.1% | 2026-Q2 |
| Fort Sheridan Advisors LLC | 5,500 | $353K | 0.1% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 5,329 | $342K | 0.1% | 2026-Q2 |
| PRIMORIS WEALTH ADVISORS, LLC new | 5,000 | $320K | 0.1% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec | 4,149 | $266K | 0.0% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC new | 3,900 | $250K | 0.0% | 2026-Q2 |
| Visionary Wealth Advisors trimmed | 3,828 | $245K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC added | 3,738 | $240K | 0.0% | 2026-Q2 |
| Ergawealth Advisors, Inc. | 3,681 | $236K | 0.0% | 2026-Q2 |
| PRIVATE TRUST CO NA | 3,605 | $231K | 0.0% | 2026-Q2 |
| INTEGRITY ALLIANCE, LLC. trimmed | 3,550 | $228K | 0.0% | 2026-Q2 |
| Integrated Wealth Management new | 3,486 | $223K | 0.0% | 2026-Q2 |
| Annex Advisory Services, LLC trimmed | 3,474 | $223K | 0.0% | 2026-Q2 |
| Western Wealth Management, LLC trimmed | 3,450 | $221K | 0.0% | 2026-Q2 |
| TOUNJIAN ADVISORY PARTNERS, LLC new | 3,159 | $202K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 3,079 | $197K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 2,590 | $162K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 2,157 | $138K | 0.0% | 2026-Q2 |
| Kingdom Financial Group LLC. added | 2,108 | $135K | 0.0% | 2026-Q2 |
| Parallel Advisors, LLC | 1,700 | $109K | 0.0% | 2026-Q2 |
| Quarry LP new | 1,470 | $94K | 0.0% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 1,164 | $75K | 0.0% | 2026-Q2 |
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.