BAUG · Holdings ETF
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Institutional Ownership Trend
Holder Concentration
Across 18 13F filers · Δ vs Jun 30, 2026Who Holds BAUG
Last 8 quarters through Sep 30, 2026 (filing window open)Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.
Jun 30, 2026, the newest closed quarter: 100 filers, like-for-like change +2.4%; actively managed books +2.4%.
| Holder type | Share | Filers | Change |
|---|---|---|---|
| Registered adviser | 66.7% | 66 | +0.1% |
| Adviser | 1.3% | 1 | +0.4% |
| Bank | 0.8% | 4 | +4.7% |
| Broker-dealer | 1.9% | 1 | +8.0% |
| Holding company | 7.8% | 1 | +53.2% |
| Unknown | 21.4% | 27 | -2.9% |
| Style | Share | Filers | Change |
|---|---|---|---|
| Concentrated | 10.9% | 28 | -4.5% |
| Diversified active | 89.1% | 72 | +3.9% |
| Systematic-like | 0.0% | 0 | -100.0% |
| Index-like | 0.0% | 0 | — |
| Not measured | 0.0% | 0 | — |
| Unknown | 0.0% | 0 | — |
| Turnover | Share | Filers | Change |
|---|---|---|---|
| Low turnover | 66.4% | 67 | +0.9% |
| Medium turnover | 25.9% | 18 | +7.1% |
| High turnover | 4.1% | 6 | +17.8% |
| Unknown | 3.6% | 9 | -14.6% |
| Not measured | 0.0% | 0 | — |
| Holding horizon | Share | Filers | Change |
|---|---|---|---|
| Short horizon | 4.4% | 10 | -15.6% |
| Medium horizon | 11.0% | 20 | -5.4% |
| Long horizon | 83.8% | 67 | +4.4% |
| Unknown | 0.8% | 3 | +27.7% |
| Not measured | 0.0% | 0 | — |
| 13F book size | Share | Filers | Change |
|---|---|---|---|
| Under $1B | 21.2% | 43 | -4.6% |
| $1B to $10B | 11.9% | 29 | -9.4% |
| $10B to $100B | 57.3% | 22 | +8.3% |
| $100B or more | 9.5% | 6 | +1.9% |
| Not measured | 0.0% | 0 | — |
| Client base | Share | Filers | Change |
|---|---|---|---|
| Individuals and high net worth | 46.3% | 63 | -6.0% |
| Registered funds and BDCs | 19.2% | 1 | +19.4% |
| Pension and profit sharing plans | 0.9% | 1 | 0.0% |
| Other investment advisers | 0.4% | 1 | new |
| Pooled investment vehicles | 0.0% | 0 | -100.0% |
| Unknown | 33.3% | 34 | +7.3% |
| Private funds | Share | Filers | Change |
|---|---|---|---|
| Hedge funds | 0.4% | 1 | -57.9% |
| Private equity funds | 0.0% | 0 | — |
| Venture capital funds | 0.2% | 1 | new |
| Real estate funds | 1.0% | 2 | +4.8% |
| Other private funds | 11.2% | 5 | -1.9% |
| Private funds, type not stated | 0.0% | 1 | 0.0% |
| No private funds | 54.0% | 56 | +1.1% |
| Unknown | 33.3% | 34 | +7.3% |
| Location | Share | Filers | Change |
|---|---|---|---|
| United States | 100.0% | 99 | +2.5% |
| Outside the US | 0.0% | 1 | -81.8% |
The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.
How the mix is measured
Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.
Excluded 1 holder with no observed 2026-06-30 13F.
Conviction and Crowding
63 13F filers, quarter ended Dec 31, 2022Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.
Estimated Holder Cost Basis
Quarter ended Dec 31, 2022, on that quarter's share basisEstimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.
Estimated cost covers 55.0% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.
Fund Ownership of BAUG by Fund Type
Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026Index funds and index ETFs hold 457,291 shares.
| Fund type | Shares |
|---|---|
| Index funds | 0 |
| Index ETFs | 457,291 |
| Active ETFs | 0 |
| Active funds | 0 |
| Unclassified | 0 |
| All registered funds | 457,291 |
How fund types are measured
Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.
Quarterly Activity
New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.
Top Buyers
vs Jun 30, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | +16,462 | 22,628 | |
| Mid IFP Advisors, Inc | +1,700 | 10,900 | |
| Small Weaver Consulting Group | +1,667 | 19,774 | |
| Small Lantz Financial LLC | +1,378 | 26,967 | |
| Small BAM Wealth Management, LLC | +15 | 4,122 |
Top Sellers
vs Jun 30, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Small Buska Wealth Management, LLC | −4,391 | 8,049 | |
| Mid CoreCap Advisors, LLC | −516 | 20,515 | |
| Micro TopTier Wealth Management, LLC | −504 | 41,195 | |
| Small CRA Financial Services, LLC | −130 | 16,079 | |
| Small My Personal CFO, LLC | −91 | 5,049 |
Top New Positions
vs Jun 30, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Large Concurrent Investment Advisors, LLC | 5,327 | $294,492 | |
| Small KFG WEALTH MANAGEMENT, LLC | 4,322 | $238,932 | |
| Small Commerce Advisors, LLC | 3,700 | $204,546 |
Top Sold-Out Positions
vs Jun 30, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Mid PFG Advisors | 5,036 | $270,005 | |
| Large Farther Finance Advisors, LLC | 433 | $23,215 | |
| Mid AdvisorNet Financial, Inc | 363 | $19,462 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Micro TopTier Wealth Management, LLC BAUG | $2,277,379 | 16.89% | 41,195 | Shares | 2026-10-16 | |
| Small Beacon Financial Advisory LLC Registered adviser BAUG | $1,496,563 | 11.10% | 27,071 | Shares | 2026-10-16 | |
| Small Lantz Financial LLC Registered adviser BAUG | $1,490,813 | 11.05% | 26,967 | Shares | 2026-10-15 | |
| Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC BAUG | $1,250,941 | 9.28% | 22,628 | Shares | 2026-10-13 | |
| Mid CoreCap Advisors, LLC Registered adviser BAUG | $1,134,128 | 8.41% | 20,515 | Shares | 2026-10-08 | |
| Small Weaver Consulting Group BAUG | $1,093,164 | 8.11% | 19,774 | Shares | 2026-10-07 | |
| Small CRA Financial Services, LLC Registered adviser BAUG | $888,893 | 6.59% | 16,079 | Shares | 2026-10-16 | |
| Mid Fragasso Financial Advisors Inc Registered adviser BAUG | $724,427 | 5.37% | 13,104 | Shares | 2026-10-13 | |
| Mid IFP Advisors, Inc Registered adviser BAUG | $602,583 | 4.47% | 10,900 | Shares | 2026-10-16 | |
| Small Pinnacle Wealth Management Group, Inc. BAUG | $489,198 | 3.63% | 8,849 | Shares | 2026-10-15 | |
| Small Buska Wealth Management, LLC BAUG | $444,972 | 3.30% | 8,049 | Shares | 2026-10-08 | |
| Small Selby Wealth Management, LLC BAUG | $342,753 | 2.54% | 6,200 | Shares | 2026-10-16 | |
| Large Concurrent Investment Advisors, LLC Registered adviser BAUG | $294,492 | 2.18% | 5,327 | Shares | 2026-10-16 | |
| Small My Personal CFO, LLC BAUG | $279,123 | 2.07% | 5,049 | Shares | 2026-10-14 | |
| Small KFG WEALTH MANAGEMENT, LLC Registered adviser BAUG | $238,932 | 1.77% | 4,322 | Shares | 2026-10-16 | |
| Small BAM Wealth Management, LLC Registered adviser BAUG | $227,876 | 1.69% | 4,122 | Shares | 2026-10-15 | |
| Small Commerce Advisors, LLC Registered adviser BAUG | $204,546 | 1.52% | 3,700 | Shares | 2026-10-19 | |
| Small GILPIN WEALTH MANAGEMENT, LLC Registered adviser BAUG | $5,528 | 0.04% | 100 | Shares | 2026-10-09 |