CAPL · CrossAmerica Partners LP · Holdings

$20.24 -0.94 (-4.44%) Play latest call Q2 2026 earnings call transcript

Market Cap

$808.51M

38.17M

Volume · Nov 4 59.85K Avg daily vol (3M) 36.37K

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.

Use institutional holdings through the 13F API or MCP → See every holder of CAPL: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 62

Total Value: $203,463,867

Total Shares: 9,080,406

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 62 13F filers

Top Holder

63.1%

of institutional value

Top 5

81.8%

of institutional value

Top 10

90.0%

of institutional value

HHI

4,094

Highly concentrated

Who Holds CAPL

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: 61 filers, like-for-like change +3.4%; actively managed books +2.1%; index-like books +36.7%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	15.4%	29	+25.4%	5	1
Adviser	65.2%	5	-0.2%	0	0
Bank	5.1%	6	-9.3%	1	2
Insurer	0.2%	1	0.0%	0	0
Broker-dealer	1.3%	1	-5.6%	0	0
Non-US	0.0%	1	+17.7%	0	0
Holding company	5.2%	4	+40.9%	0	0
Unknown	7.6%	14	-8.4%	1	5

Style	Share	Filers	Change	New	Exited
Index-like	4.8%	2	+36.7%	0	0
Systematic-like	1.2%	2	+125.5%	0	0
Concentrated	3.4%	7	-17.6%	0	3
Diversified active	90.6%	50	+2.3%	7	5
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	91.3%	45	+2.5%	4	4
Medium turnover	6.8%	11	+17.2%	2	3
High turnover	1.9%	5	+0.1%	1	1
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	0.4%	1	0.0%	0	0
Medium horizon	3.5%	6	-7.2%	0	3
Long horizon	95.7%	52	+4.6%	7	4
Unknown	0.4%	2	-62.3%	0	1
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	2.1%	8	-12.8%	0	2
$1B to $10B	2.5%	15	-5.9%	2	2
$10B to $100B	5.9%	19	+19.3%	4	1
$100B or more	89.5%	19	+3.2%	1	3
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	4.8%	24	+24.0%	5	1
Pooled investment vehicles	1.2%	2	+125.5%	0	0
Registered funds and BDCs	2.5%	2	+9.4%	0	0
Diversified	6.9%	1	+23.5%	0	0
Other	0.0%	0	—	0	0
Other investment advisers	0.0%	0	—	0	0
Unknown	84.6%	32	+0.1%	2	7

Private funds	Share	Filers	Change	New	Exited
Hedge funds	10.5%	4	+26.9%	0	0
Private equity funds	0.4%	2	-48.7%	1	0
Real estate funds	0.9%	2	+2311.6%	1	0
Other private funds	0.2%	1	+0.7%	0	0
No private funds	3.5%	20	+14.1%	3	1
Private funds, type not stated	0.0%	0	—	0	0
Unknown	84.6%	32	+0.1%	2	7

Location	Share	Filers	Change	New	Exited
United States	99.0%	56	+3.4%	6	8
Outside the US	1.0%	5	+0.2%	1	0

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

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 2 holders with no observed 2026-06-30 13F.

Conviction and Crowding

61 13F filers, quarter ended Jun 30, 2026

Measured 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.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 0

Holders above 5%

median weight 0.001%

Mar 31, 2026: 0

Crowding

2.98%

of shares outstanding, 11th percentile

Mar 31, 2026: 2.50%

Private-fund advisers

2.83%

of shares outstanding

Institutional ownership

23.6%

48.2% of the estimated free float

Top 10 holders

90.5%

of 13F shares, Herfindahl 0.414

Active holders

+2.1%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 22.8 quarters

Under 1 year 3.12% 1 to 3 years 6.39% 3 years or more 90.5% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, 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 avg cost

$21.08

estimated per share

Mar 31, 2026: $20.97

Quarter-end price

$22.42

implied by 13F values

Estimated gain or loss

+6.4%

price against the estimated cost

Estimated at a loss

0.683%

of costed 13F value

Estimated cost covers 18.5% 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.

Shared Holders

Companies CAPL's active holders also own, quarter ended Jun 30, 2026

#	Company	Shared holders	Similarity
1	PPL PPL Corp	3	0.100
2	AZN Astrazeneca PLC	3	0.058
3	COP Conocophillips	4	0.057
4	CRM Salesforce, Inc.	3	0.041
5	BMY Bristol Myers Squibb Co	3	0.041
6	ECNS iShares MSCI China Small-Cap ETF	3	0.036
7	NEE Nextera Energy Inc	3	0.032
8	UNH Unitedhealth Group Inc	3	0.029
9	MRK Merck & Co., Inc.	3	0.026
10	CSCO Cisco Systems, Inc.	3	0.025

Shareholder Targets

13F filers that own its peers but not CAPL, quarter ended Jun 30, 2026

Found through its holder-overlap peers: PPL, AZN, COP, CRM, BMY, ECNS, NEE, UNH, MRK, CSCO, TSLA, ABBV, XOM, V, META, JPM, NVDA, GOOGL. 7,165 filers in all.

#	Filer	In peers	Of book	Largest peers
1	BlackRock, Inc. Holding company, Index-like	$1,224,405,026,883 18 held	18.3%	NVDA, GOOGL, META
2	VANGUARD CAPITAL MANAGEMENT LLC Registered adviser, Index-like	$987,721,223,184 17 held	21.1%	NVDA, GOOGL, META
3	STATE STREET CORP Bank, Index-like	$664,274,278,140 17 held	19.7%	NVDA, GOOGL, META
4	FMR LLC Holding company, Diversified active	$497,364,278,258 18 held	21.6%	NVDA, GOOGL, META
5	GEODE CAPITAL MANAGEMENT, LLC Registered adviser, Index-like	$379,603,291,417 16 held	20.2%	NVDA, GOOGL, META
6	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$319,471,119,065 17 held	14.4%	NVDA, GOOGL, META
7	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$218,912,555,650 18 held	22.0%	NVDA, GOOGL, META
8	NORGES BANK Non-US, Index-like	$216,894,799,026 16 held	21.6%	NVDA, GOOGL, META
9	BANK OF AMERICA CORP /DE/ Bank, Diversified active	$170,836,175,331 18 held	11.0%	NVDA, GOOGL, JPM
10	NORTHERN TRUST CORP Bank, Index-like	$161,426,072,048 18 held	18.8%	NVDA, GOOGL, META

Fund Ownership of CAPL by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0.55% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.00%	0.00 pp	0	0
Index ETFs	0.55%	-1.57 pp	210,563	2
Active ETFs	0.05%	+0.01 pp	18,249	1
Active funds	15.61%	+0.20 pp	5,958,983	4
Unclassified	0.00%	0.00 pp	0	0
All registered funds	16.21%	-1.37 pp	6,187,795	7

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.

Holder type: Registered adviser 29 Adviser 5 Bank 6 Insurer 1 Broker-dealer 1 Non-US 1 Holding company 4 Unknown 15

Showing 63 of 63

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Invesco Ltd.

$128,245,292

63.03%

5,720,129

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Advisers, Inc.	5,720,129	$128,245,292	100.0%	Defined

Clearbridge Investments, LLC

$13,984,407

6.87%

623,747

JPMORGAN CHASE & CO

$8,546,929

4.20%

381,219

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	381,219	$8,546,929	100.0%	Defined

MORGAN STANLEY

$8,432,363

4.14%

376,109

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO. LLC	100	$2,242	0.0%	Defined
MORGAN STANLEY SMITH BARNEY LLC	6,504	$145,819	1.7%	Defined
Morgan Stanley Strategic Investments, Inc	369,405	$8,282,060	98.2%	Defined
Held directly	100	$2,242	0.0%	Defined

RAYMOND JAMES FINANCIAL INC

$7,019,813

3.45%

313,105

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	86,340	$1,935,742	27.6%	Defined
Raymond James Financial Services Advisors, Inc.	226,765	$5,084,071	72.4%	Defined

FIRST TRUST ADVISORS LP

$4,718,580

2.32%

210,463

Quadrant Private Wealth Management, LLC

$3,662,441

1.80%

163,356

ACADIAN ASSET MANAGEMENT LLC

$2,840,165

1.40%

126,680

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Acadian Inc	126,680	$2,840,165	100.0%	Defined

Blackstone Inc.

$2,819,247

1.39%

125,747

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Harvest Fund Advisors LLC	125,747	$2,819,247	100.0%	Other

LPL Financial LLC

$2,582,201

1.27%

115,174

NewEdge Wealth, LLC

$2,088,983

1.03%

93,175

Arax Advisory Partners

$1,793,600

0.88%

80,000

CITADEL ADVISORS LLC

$1,674,415

0.82%

74,684

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	74,684	$1,674,415	100.0%	Defined

GOLDMAN SACHS GROUP INC

$1,302,243

0.64%

58,084

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	58,084	$1,302,243	100.0%	Defined

STIFEL FINANCIAL CORP

$1,239,467

0.61%

55,284

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	55,284	$1,239,467	100.0%	Defined

JANE STREET GROUP, LLC

$893,839

0.44%

39,868

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	12,699	$284,711	31.9%	Defined
Jane Street Global Trading, LLC	27,169	$609,128	68.1%	Defined

Mariner, LLC

$844,157

0.41%

37,652

UBS Group AG

$785,013

0.39%

35,014

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	880	$19,729	2.5%	Defined
UBS AG	34,134	$765,284	97.5%	Defined

GSA CAPITAL PARTNERS LLP

$772,929

0.38%

34,475

SEI INVESTMENTS CO

$747,370

0.37%

33,335

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SEI TRUST CO	33,335	$747,370	100.0%	Sole

Private Advisor Group, LLC

$671,344

0.33%

29,944

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$643,454

0.32%

28,700

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	28,700	$643,454	100.0%	Other

INDEPENDENT FINANCIAL GROUP, LLC

$633,964

0.31%

29,680

Corient Private Wealth LLC

$560,500

0.28%

25,000

PHILADELPHIA TRUST CO

$470,820

0.23%

21,000

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$468,578

0.23%

20,900

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	20,900	$468,578	100.0%	Other

IFG Advisory, LLC

$431,136

0.21%

19,230

HRT FINANCIAL LP

$392,641

0.19%

17,513

EXCHANGE TRADED CONCEPTS, LLC

$372,689

0.18%

17,448

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TORTOISE CAPITAL ADVISORS, L.L.C.	17,448	$372,689	100.0%	Other

ING GROEP NV

$358,720

0.18%

16,000

Apollon Wealth Management, LLC

$349,770

0.17%

16,375

AMERICAN FINANCIAL GROUP INC

$336,300

0.17%

15,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Great American Insurance Company	15,000	$336,300	100.0%	Defined

Janney Montgomery Scott LLC

$334,035

0.16%

14,899

TRUIST FINANCIAL CORP

$325,740

0.16%

15,250

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Truist Advisory Services, Inc.	15,250	$325,740	100.0%	Defined

BROWN ADVISORY INC

$273,411

0.13%

12,195

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Brown Advisory LLC	12,195	$273,411	100.0%	Defined

COMMONWEALTH EQUITY SERVICES, LLC

$249,484

0.12%

11,680

FRANKLIN RESOURCES INC

$246,620

0.12%

11,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fiduciary Trust Co International of Pennsylvania	11,000	$246,620	100.0%	Defined

Cetera Investment Advisers

$225,321

0.11%

10,050

Morton Brown Family Wealth, LLC

$213,514

0.10%

9,996

ROYAL BANK OF CANADA

$165,772

0.08%

7,394

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	4,619	$103,557	62.5%	Defined
RBC Trust Co (Delaware) Ltd	2,500	$56,050	33.8%	Defined
RBC Rochdale, LLC	275	$6,165	3.7%	Defined

WELLS FARGO & COMPANY/MN

$119,969

0.06%

5,351

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	2,627	$58,897	49.1%	Defined
WELLS FARGO CLEARING SERVICES, LLC	2,724	$61,072	50.9%	Defined

North Star Investment Management Corp.

$107,803

0.05%

5,047

BNP PARIBAS ARBITRAGE, SA

$76,160

0.04%

3,397

EverSource Wealth Advisors, LLC

$71,744

0.04%

3,200

OSAIC HOLDINGS, INC.

$59,613

0.03%

2,659

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	1,952	$43,763	73.4%	Defined
Osaic Advisory Services, LLC	707	$15,850	26.6%	Defined

Farther Finance Advisors, LLC

$54,916

0.03%

2,571

NewEdge Advisors, LLC

$47,082

0.02%

2,100

Allworth Financial LP

$44,840

0.02%

2,000

Geneos Wealth Management Inc.

$26,904

0.01%

1,200

MB, LEVIS & ASSOCIATES, LLC

$25,931

0.01%

1,214

Latitude Advisors, LLC

$21,360

0.01%

1,000

ARMSTRONG ADVISORY GROUP, INC

$18,860

0.01%

883

UMB Bank, n.a.

$17,936

0.01%

800

VALLEY NATIONAL ADVISERS INC

$10,680

0.01%

500

JONES FINANCIAL COMPANIES LLLP

$9,304

0.00%

415

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	415	$9,304	100.0%	Sole

BFC Planning, Inc.

$6,703

0.00%

299

BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC.

$6,703

0.00%

299

Tower Research Capital LLC (TRC)

$6,367

0.00%

284

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	284	$6,367	100.0%	Defined

IFP Advisors, Inc

$5,318

0.00%

249

ASSETMARK, INC

$4,058

0.00%

190

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$2,242

0.00%

100

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	100	$2,242	100.0%	Defined

Clearstead Advisors, LLC

$1,121

0.00%

MRP Capital Investments, LLC

$986

0.00%

Key facts CIK 1538849 CUSIP 22758A105 13F (30d) 29 filings 16 filers Visit website