| 20K |
| $185K |
| -4.5% |
| 0.350% |
| 0.06% |
| 4 | MORGAN STANLEY | 19K | $168K | +24.1% | 0.318% | 0.00% |
| 5 | REYL & Cie S.A. | 25K | $157K | β | 0.432% | 0.18% |
| 6 | LPL Financial LLC | 17K | $153K | -14.7% | 0.289% | 0.00% |
| 7 | Veracity Capital LLC | 15K | $135K | 0.0% | 0.255% | 0.04% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 13K | $114K | β | 0.215% | 0.00% |
| 9 | OSAIC HOLDINGS, INC. | 5K | $49K | +440.0% | 0.092% | 0.00% |
| 10 | PNC FINANCIAL SERVICES GROUP, INC. | 5K | $43K | +60.0% | 0.082% | 0.00% |
| 11 | Federation des caisses Desjardins du Quebec | 2K | $16K | 0.0% | 0.031% | 0.00% |
| 12 | UBS Group AG | 1K | $11K | β | 0.020% | 0.00% |
| 13 | Arax Advisory Partners | 1K | $11K | β | 0.020% | 0.00% |
| 14 | WELLS FARGO & COMPANY/MN | 987 | $9K | β | 0.017% | 0.00% |
| 15 | Steward Partners Investment Advisory, LLC | 720 | $7K | 0.0% | 0.012% | 0.00% |
| 16 | SBI Securities Co., Ltd. | 430 | $4K | +137.6% | 0.007% | 0.00% |
| 17 | Russell Investments Group, Ltd. | 395 | $4K | 0.0% | 0.007% | 0.00% |
| 18 | HUNTINGTON NATIONAL BANK | 189 | $2K | β | 0.003% | 0.00% |
| 19 | Farther Finance Advisors, LLC | 144 | $1K | 0.0% | 0.003% | 0.00% |
| 20 | RHUMBLINE ADVISERS | 78 | $705 | 0.0% | 0.001% | 0.00% |
| 21 | ASSETMARK, INC | 50 | $453 | β | 0.001% | 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 WAVE β a direct measure of their conviction.
| 1.05% |
| 1.44 pp |
| $0M |
| 70% |
| Q4 2024 | 17 | +89% | 2.49% | +1.44 pp | $1M | +250% |
| Q3 2024 | 9 | β | 1.05% | β | $0M | 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.
7 institutions opened new positions in WAVE during Q2 2026, while 3 fully exited. 13 added to existing positions and 0 trimmed.
WAVE institutional ownership rose by 8.14 percentage points quarter-over-quarter, with a net change of +5 holders.
The top 10 institutions account for 98.7% of all reported 13F value in WAVE, and the top 25 account for 100.0%.
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.