13F QoQ Ownership Changes
PAX Institutional Holders
Period 2025-12-31 · prior 2025-09-30 · 16 new · 63 added · 74 reduced · 11 exited
New Positions(16)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Zeno Equity Partners LLP | 590,698 | +590,698 | $9.4M | +$9.4M | — |
| PRUDENTIAL FINANCIAL INC | 195,595 | +195,595 | $3.1M | +$3.1M | — |
| Inspire Investing, LLC | 81,075 | +81,075 | $1.3M | +$1.3M | — |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 42,860 | +42,860 | $681.0K | +$681.0K | — |
| HUSSMAN STRATEGIC ADVISORS, INC. | 42,000 | +42,000 | $667.4K | +$667.4K | — |
| Engineers Gate Manager LP | 25,081 | +25,081 | $398.5K | +$398.5K | — |
| WASATCH ADVISORS LP | 13,508 | +13,508 | $214.6K | +$214.6K | — |
| Focus Partners Wealth | 10,633 | +10,633 | $169.0K | +$169.0K | — |
| Kemnay Advisory Services Inc. | 5,928 | +5,928 | $94.2K | +$94.2K | — |
| FINANCIAL CONSULATE, INC | 500 | +500 | $7.9K | +$7.9K | — |
| FLAGSHIP HARBOR ADVISORS, LLC | 379 | +379 | $6.0K | +$6.0K | — |
| IFP Advisors, Inc | 274 | +274 | $4.3K | +$4.3K | — |
| LOS ANGELES CAPITAL MANAGEMENT LLC | 274 | +274 | $4.0K | +$4.0K | — |
| Allworth Financial LP | 198 | +198 | $3.1K | +$3.1K | — |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 30 | +30 | $477 | +$477 | — |
| Torren Management, LLC | 1 | +1 | $21 | +$21 | — |
Added To(63)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Pertento Partners LLP | 4,483,299 | +511,327 | $71.2M | +$13.2M | 12.9% |
| BlackRock, Inc. | 5,641,279 | +206,811 | $89.6M | +$10.3M | 3.8% |
| ALLIANCEBERNSTEIN L.P. | 667,172 | +607,550 | $10.6M | +$9.7M | 1019.0% |
| MILLENNIUM MANAGEMENT LLC | 1,357,116 | +492,009 | $21.6M | +$8.9M | 56.9% |
| FMR LLC | 6,652,156 | +10,941 | $105.7M | +$8.7M | 0.2% |
| Uniplan Investment Counsel, Inc. | 366,243 | +254,884 | $5.8M | +$4.2M | 228.9% |
| SAMLYN CAPITAL, LLC | 2,037,059 | +50,793 | $32.4M | +$3.4M | 2.5% |
| STATE STREET CORP | 1,361,241 | +82,067 | $21.6M | +$3.0M | 6.4% |
| MORGAN STANLEY | 387,666 | +157,818 | $6.2M | +$2.8M | 68.7% |
| Skandinaviska Enskilda Banken AB (publ) | 211,182 | +153,282 | $3.4M | +$2.5M | 264.7% |
| TUDOR INVESTMENT CORP ET AL | 346,171 | +115,489 | $5.5M | +$2.1M | 50.1% |
| Connor, Clark & Lunn Investment Management Ltd. | 151,361 | +115,248 | $2.4M | +$1.9M | 319.1% |
| GLOBEFLEX CAPITAL L P | 265,553 | +71,625 | $4.2M | +$1.4M | 36.9% |
| GEODE CAPITAL MANAGEMENT, LLC | 853,986 | +19,133 | $13.6M | +$1.4M | 2.3% |
| NEW YORK STATE COMMON RETIREMENT FUND | 98,268 | +83,900 | $1.6M | +$1.4M | 583.9% |
| Pictet Asset Management Holding SA | 95,953 | +77,453 | $1.5M | +$1.3M | 418.7% |
| AQR CAPITAL MANAGEMENT LLC | 170,028 | +65,689 | $2.7M | +$1.2M | 63.0% |
| WELLS FARGO & COMPANY/MN | 129,879 | +67,020 | $2.1M | +$1.1M | 106.6% |
| Police & Firemen's Retirement System of New Jersey | 99,966 | +60,700 | $1.6M | +$1.0M | 154.6% |
| VANGUARD GROUP INC | 453,424 | +23,430 | $7.2M | +$927.0K | 5.4% |
| PRINCIPAL FINANCIAL GROUP INC | 110,471 | +34,846 | $1.8M | +$651.3K | 46.1% |
| Creative Planning | 115,896 | +27,768 | $1.8M | +$554.9K | 31.5% |
| Quantinno Capital Management LP | 64,592 | +19,639 | $1.0M | +$370.1K | 43.7% |
| BANK OF MONTREAL /CAN/ | 39,250 | +18,415 | $623.7K | +$319.5K | 88.4% |
| INCEPTIONR LLC | 44,009 | +16,916 | $699.3K | +$303.7K | 62.4% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 165,783 | +4,101 | $2.6M | +$273.7K | 2.5% |
| IEQ CAPITAL, LLC | 25,127 | +9,339 | $399.3K | +$168.8K | 59.1% |
| DEUTSCHE BANK AG\ | 56,390 | +5,237 | $896.0K | +$149.2K | 10.2% |
| BARCLAYS PLC | 106,535 | +13,808 | $1.5M | +$144.1K | 14.9% |
| Cerity Partners LLC | 20,259 | +7,676 | $321.9K | +$138.2K | 61.0% |
| TEACHER RETIREMENT SYSTEM OF TEXAS | 21,766 | +7,043 | $345.9K | +$130.9K | 47.8% |
| STATE OF WISCONSIN INVESTMENT BOARD | 29,487 | +3,934 | $468.5K | +$95.5K | 15.4% |
| Mariner, LLC | 16,528 | +4,784 | $262.6K | +$91.2K | 40.7% |
| Waverly Advisors, LLC | 15,087 | +4,722 | $239.7K | +$88.4K | 45.5% |
| State of Wyoming | 9,301 | +5,016 | $147.8K | +$85.2K | 117.0% |
| Ethic Inc. | 30,179 | +2,311 | $479.5K | +$72.7K | 8.3% |
| Legal & General Group Plc | 39,893 | +1,463 | $633.7K | +$72.7K | 3.8% |
| INTECH INVESTMENT MANAGEMENT LLC | 22,084 | +2,332 | $350.9K | +$62.5K | 11.8% |
| Mutual Advisors, LLC | 20,899 | +1,918 | $332.1K | +$55.2K | 10.1% |
| Abel Hall, LLC | 39,361 | +243 | $625.4K | +$54.3K | 0.6% |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 16,692 | +2,092 | $265.2K | +$52.1K | 14.3% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 30,745 | +632 | $488.5K | +$48.9K | 2.1% |
| Farther Finance Advisors, LLC | 26,846 | +392 | $426.6K | +$40.4K | 1.5% |
| NEUBERGER BERMAN GROUP LLC | 20,693 | +769 | $328.8K | +$37.9K | 3.9% |
| QUADRANT CAPITAL GROUP LLC | 26,846 | +142 | $426.6K | +$36.7K | 0.5% |
| Brookwood Investment Group LLC | 26,025 | +109 | $413.5K | +$35.2K | 0.4% |
| ProShare Advisors LLC | 12,099 | +1,017 | $192.3K | +$30.5K | 9.2% |
| Royal Bank of Canada | 1,773 | +1,187 | $28.0K | +$20.0K | 202.6% |
| GAMMA Investing LLC | 1,105 | +544 | $17.6K | +$9.4K | 97.0% |
| Sterling Capital Management LLC | 431 | +274 | $6.8K | +$4.6K | 174.5% |
| Versant Capital Management, Inc | 1,212 | +140 | $19.3K | +$3.6K | 13.1% |
| SIGNATUREFD, LLC | 821 | +81 | $13.0K | +$2.2K | 10.9% |
| ROTHSCHILD INVESTMENT LLC | 254 | +124 | $4.0K | +$2.1K | 95.4% |
| Steward Partners Investment Advisory, LLC | 1,070 | +10 | $17.0K | +$1.5K | 0.9% |
| True Wealth Design, LLC | 399 | +58 | $6.3K | +$1.4K | 17.0% |
| EverSource Wealth Advisors, LLC | 193 | +57 | $3.1K | +$1.1K | 41.9% |
| MassMutual Private Wealth & Trust, FSB | 121 | +26 | $1.9K | +$536 | 27.4% |
| SG Americas Securities, LLC | 25,376 | +13,792 | $403 | +$234 | 119.1% |
| State of Alaska, Department of Revenue | 9,683 | +7,014 | $153 | +$115 | 262.8% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 37,215 | +2,495 | $592 | +$85 | 7.2% |
| CWM, LLC | 11,483 | +3,044 | $182 | +$59 | 36.1% |
| AMALGAMATED BANK | 2,080 | +87 | $33 | +$4 | 4.4% |
| Covestor Ltd | 119 | +2 | $2 | $0 | 1.7% |
Reduced(74)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Capital Research Global Investors | 9,182,088 | -28,755 | $145.9M | +$11.4M | -0.3% |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 1,000,000 | -293,901 | $15.9M | -$3.0M | -22.7% |
| Nuveen, LLC | 471,126 | -225,150 | $7.5M | -$2.7M | -32.3% |
| MIZUHO MARKETS AMERICAS LLC | 1,500,000 | 0 | $23.8M | +$1.9M | 0.0% |
| Inherent Management Corp. | 1,484,199 | 0 | $23.6M | +$1.9M | 0.0% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 45,800 | -100,500 | $727.8K | -$1.4M | -68.7% |
| BANK OF AMERICA CORP /DE/ | 239,687 | -112,945 | $3.8M | -$1.3M | -32.0% |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | 91,918 | -98,435 | $1.5M | -$1.3M | -51.7% |
| UBS Group AG | 643,545 | -143,096 | $10.2M | -$1.3M | -18.2% |
| COMMONWEALTH EQUITY SERVICES, LLC | 71,400 | -4,523 | $1.1M | +$1.1M | -6.0% |
| MHR FUND MANAGEMENT LLC | 800,000 | 0 | $12.7M | +$1.0M | 0.0% |
| CITIGROUP INC | 186,574 | -74,864 | $3.0M | -$852.3K | -28.6% |
| Grandeur Peak Global Advisors, LLC | 323,272 | -71,474 | $5.1M | -$626.5K | -18.1% |
| Quantbot Technologies LP | 22,388 | -42,761 | $355.7K | -$595.4K | -65.6% |
| CITADEL ADVISORS LLC | 83,900 | -45,600 | $1.3M | -$557.5K | -35.2% |
| JANE STREET GROUP, LLC | 49,200 | -32,700 | $781.8K | -$414.0K | -39.9% |
| Allianz Asset Management GmbH | 290,000 | 0 | $4.6M | +$374.1K | 0.0% |
| Invesco Ltd. | 194,869 | -39,528 | $3.1M | -$325.7K | -16.9% |
| BNP PARIBAS FINANCIAL MARKETS | 14,201 | -20,906 | $225.7K | -$286.9K | -59.5% |
| 683 Capital Management, LLC | 365,000 | -15,000 | $5.8M | +$251.8K | -3.9% |
| NORTHERN TRUST CORP | 598,427 | -39,070 | $9.5M | +$201.5K | -6.1% |
| Robeco Institutional Asset Management B.V. | 150,000 | 0 | $2.4M | +$193.5K | 0.0% |
| Bank of New York Mellon Corp | 151,262 | -890 | $2.4M | +$182.1K | -0.6% |
| FEDERATED HERMES, INC. | 135,000 | 0 | $2.1M | +$174.2K | 0.0% |
| GOLDMAN SACHS GROUP INC | 414,999 | -47,335 | $6.6M | -$155.7K | -10.2% |
| JPMORGAN CHASE & CO | 257,143 | -13,994 | $4.1M | +$127.4K | -5.2% |
| Russell Investments Group, Ltd. | 8,624 | -9,252 | $137.0K | -$124.0K | -51.8% |
| MARTINGALE ASSET MANAGEMENT L P | 78,921 | -417 | $1.3M | +$95.7K | -0.5% |
| CREDIT AGRICOLE S A | 73,971 | 0 | $1.2M | +$95.4K | 0.0% |
| LPL Financial LLC | 57,910 | -1,495 | $920.2K | +$52.9K | -2.5% |
| MetLife Investment Management, LLC | 37,074 | 0 | $589.1K | +$47.8K | 0.0% |
| RHUMBLINE ADVISERS | 83,142 | -10,492 | $1.3M | -$45.9K | -11.2% |
| Yorktown Management & Research Co Inc | 34,000 | 0 | $540.3K | +$43.9K | 0.0% |
| TT Capital Management LLC | 74,350 | -9,400 | $1.2M | -$41.3K | -11.2% |
| STRS OHIO | 45,200 | -1,200 | $718.2K | +$40.8K | -2.6% |
| Solstein Capital, LLC | 26,300 | 0 | $417.9K | +$33.9K | 0.0% |
| OSAIC HOLDINGS, INC. | 390 | -2,500 | $6.2K | -$33.3K | -86.5% |
| Verition Fund Management LLC | 33,000 | -4,873 | $524.4K | -$28.6K | -12.9% |
| NATIONAL BANK OF CANADA /FI/ | 137,776 | -13,858 | $2.2M | -$27.8K | -9.1% |
| Dodge & Cox | 21,200 | 0 | $336.9K | +$27.3K | 0.0% |
| Asset Management One Co., Ltd. | 20,840 | -243 | $335.1K | +$27.3K | -1.1% |
| AMERICAN CENTURY COMPANIES INC | 23,393 | -279 | $371.7K | +$26.1K | -1.2% |
| Wellington Shields & Co., LLC | 18,400 | 0 | $292.4K | +$23.7K | 0.0% |
| Tidal Investments LLC | 30,826 | -1,143 | $489.8K | +$23.1K | -3.6% |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 15,680 | 0 | $249.2K | +$20.2K | 0.0% |
| Arax Advisory Partners | 33 | -1,229 | $525 | -$17.9K | -97.4% |
| Tower Research Capital LLC (TRC) | 1,456 | -1,313 | $23.1K | -$17.3K | -47.4% |
| Wellington Shields Capital Management, LLC | 20,415 | -700 | $324.4K | +$16.1K | -3.3% |
| AVIVA PLC | 32,198 | -1,785 | $511.6K | +$15.5K | -5.3% |
| Allegheny Financial Group | 12,316 | -31 | $195.7K | +$15.4K | -0.3% |
| Voya Investment Management LLC | 11,273 | 0 | $179.1K | +$14.5K | 0.0% |
| R Squared Ltd | 13,917 | -275 | $221.1K | +$13.9K | -1.9% |
| Longboard Asset Management, LP | 10,320 | 0 | $164.0K | +$13.3K | 0.0% |
| AdvisorNet Financial, Inc | 11,650 | -160 | $185.1K | +$12.7K | -1.4% |
| Formidable Asset Management, LLC | 30,143 | -1,826 | $479.0K | +$12.2K | -5.7% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 20,273 | -959 | $322.1K | +$12.2K | -4.5% |
| Ameritas Investment Partners, Inc. | 5,415 | 0 | $86.0K | +$7.0K | 0.0% |
| Roxbury Financial LLC | 4,655 | 0 | $74.0K | +$6.0K | 0.0% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 4,076 | -46 | $64.8K | +$4.6K | -1.1% |
| SBI Securities Co., Ltd. | 2,717 | -7 | $43.2K | +$3.4K | -0.3% |
| Founders Capital Management | 1,600 | 0 | $25.4K | +$2.1K | 0.0% |
| CIBC Private Wealth Group LLC | 1,300 | 0 | $20.7K | +$1.7K | 0.0% |
| PNC Financial Services Group, Inc. | 1,196 | 0 | $19.0K | +$1.5K | 0.0% |
| Optiver Holding B.V. | 356 | -122 | $5.7K | -$1.3K | -25.5% |
| NISA INVESTMENT ADVISORS, LLC | 902 | 0 | $14.3K | +$1.2K | 0.0% |
| Hillsdale Investment Management Inc. | 410 | -80 | $6.5K | -$639 | -16.3% |
| Larson Financial Group LLC | 577 | -77 | $9.2K | -$379 | -11.8% |
| Physician Wealth Advisors, Inc. | 177 | 0 | $2.8K | +$228 | 0.0% |
| US BANCORP \DE\ | 116 | 0 | $1.8K | +$149 | 0.0% |
| Aster Capital Management (DIFC) Ltd | 298 | -36 | $4.7K | -$141 | -10.8% |
| MAI Capital Management | 69 | 0 | $1.1K | +$89 | 0.0% |
| Sunbelt Securities, Inc. | 67 | 0 | $1.1K | +$87 | 0.0% |
| Mondrian Investment Partners LTD | 18 | 0 | $279 | +$22 | 0.0% |
| Parallel Advisors, LLC | 12 | 0 | $191 | +$16 | 0.0% |
Sold Out(11)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Amitell Capital Pte Ltd | 0 | -399,087 | $0 | -$5.8M | — |
| Aurora Investment Counsel | 0 | -117,762 | $0 | -$1.7M | — |
| MARSHALL WACE, LLP | 0 | -59,232 | $0 | -$864.8K | — |
| HSBC HOLDINGS PLC | 0 | -45,553 | $0 | -$656.0K | — |
| TOKIO MARINE ASSET MANAGEMENT CO LTD | 0 | -10,580 | $0 | -$154.5K | — |
| Sonora Investment Management Group, LLC | 0 | -10,000 | $0 | -$146.0K | — |
| Advisory Services Network, LLC | 0 | -5,000 | $0 | -$73.0K | — |
| PRINCIPAL SECURITIES, INC. | 0 | -878 | $0 | -$12.8K | — |
| Clearstead Advisors, LLC | 0 | -513 | $0 | -$7.5K | — |
| Strategic Wealth Partners, Ltd. | 0 | -195 | $0 | -$2.8K | — |
| Blue Trust, Inc. | 0 | -195 | $0 | -$2.8K | — |