Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CION held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Bulldog Investors, LLP | 1.5M | $10.5M | 0.0% | 3.089% | 2.36% |
| 2 | MORGAN STANLEY | 1.2M | $7.9M | +154.1% | 2.316% | 0.00% |
| 3 | LPL Financial LLC | 989K | $6.8M | +5.9% | 1.987% | 0.00% |
| 4 | Private Advisor Group, LLC | 861K | $5.9M | +16.2% | 1.728% | 0.03% |
| 5 | UBS Group AG | 683K | $4.7M | +22.8% | 1.372% | 0.00% |
| 6 | Invesco Ltd. | 617K | $4.2M | -50.9% | 1.240% | 0.00% |
| 7 | Callodine Capital Management, LP | 612K | $4.2M | +8.9% | 1.230% | 0.29% |
| 8 | INDEPENDENT FINANCIAL GROUP, LLC | 336K | $3.5M | β | 0.675% | 0.02% |
| 9 | Berger Financial Group, Inc | 407K | $2.8M | -16.1% | 0.817% | 0.16% |
| 10 | D. E. Shaw & Co., Inc. | 349K | $2.4M | +250.3% | 0.700% | 0.00% |
| 11 | Arkadios Wealth Advisors | 335K | $2.3M | -2.3% | 0.674% | 0.04% |
| 12 | Pinkerton Retirement Specialists, LLC | 229K | $2.2M | 0.0% | 0.459% | 0.20% |
| 13 | Kestra Advisory Services, LLC | 299K | $2.0M | +4.6% | 0.601% | 0.01% |
| 14 | RENAISSANCE TECHNOLOGIES LLC | 272K | $1.9M | +4.2% | 0.546% | 0.00% |
| 15 | Qube Research & Technologies Ltd | 270K | $1.8M | β | 0.542% | 0.00% |
| 16 | ADVISOR GROUP HOLDINGS, INC. | 250K | $1.7M | +28.1% | 0.503% | 0.00% |
| 17 | COMMONWEALTH EQUITY SERVICES, LLC | 218K | $1.5M | +0.7% | 0.438% | 0.00% |
| 18 | Sigma Planning Corp | 212K | $1.4M | -24.4% | 0.425% | 0.04% |
| 19 | ENVESTNET ASSET MANAGEMENT INC | 208K | $1.4M | -10.6% | 0.419% | 0.00% |
| 20 | JANE STREET GROUP, LLC | 208K | $1.4M | -34.5% | 0.418% | 0.01% |
| 21 | Legacy Wealth Managment, LLC/ID | 208K | $1.4M | -3.3% | 0.418% | 0.75% |
| 22 | DIVERSIFY WEALTH MANAGEMENT, LLC | 187K | $1.4M | +39.9% | 0.375% | 0.02% |
| 23 | BlackRock, Inc. | 200K | $1.4M | -46.7% | 0.402% | 0.00% |
| 24 | Alpine Global Management, LLC | 194K | $1.3M | -68.3% | 0.390% | 0.20% |
| 25 | RAYMOND JAMES FINANCIAL INC | 176K | $1.2M | +2.7% | 0.354% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in CION β a direct measure of their conviction.
Filings activity in CION during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new CION position in Q1 2026
Institutions that fully closed their CION position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 155 | 1.9% | 28.77% | 17.15 pp | $100M | 37% |
| Q4 2025 | 158 | +6.0% | 45.92% | +2.16 pp | $160M | +4.9% |
| Q3 2025 | 149 | 4.5% | 43.76% | 1.13 pp | $152M | 2.5% |
| Q2 2025 | 156 | 7.1% | 44.89% | 2.14 pp | $156M | 4.6% |
| Q1 2025 | 168 | 2.9% | 47.03% | 8.71 pp | $163M | 16% |
| Q4 2024 | 173 | +3.0% | 55.74% | +10.45 pp | $194M | +23% |
| Q3 2024 | 168 | 1.8% | 45.29% | 0.40 pp | $157M | 0.9% |
| Q2 2024 | 171 | β | 45.69% | β | $159M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CION stock.
Based on Q1 2026 13F filings, institutional ownership of CION Investment Corporation stands at 28.8%, held across 155 reporting institutions.
Bulldog Investors, LLP is the largest reported institutional holder of CION, with approximately 1,538,071 shares worth $0.01B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of CION, including RENAISSANCE TECHNOLOGIES LLC, JANE STREET GROUP, LLC.
Our composite Smart Money Score for CION is 40 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
28 institutions opened new positions in CION during Q1 2026, while 31 fully exited. 16 added to existing positions and 110 trimmed.
CION institutional ownership fell by 17.15 percentage points quarter-over-quarter, with a net change of -3 holders.
The top 10 institutions account for 52.8% of all reported 13F value in CION, and the top 25 account for 77.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
CION Investment Corporation (CION) Institutional Ownership