PWRD
TCW Transform Systems ETF · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth +30.0% ·
share flow +30.0% ·
net new positions +20.0%
— formula
Broad accumulation — rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2026
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 25 | 0 | 5.43M | $655.61M | +3 | −3 |
| Q1 2026 | 25 | +6 | 5.27M | $502.05M | +7 | −1 |
| Q4 2025 | 19 | 0 | 3.92M | $377.29M | — | — |
| Q3 2025 | 2 | — | 5.10M | $498.13M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | JPMorgan Chase ✦ | 3.42M | +12.9% | $321.40M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 2 | LPL Financial LLC | 463.19K | +38.1% | $45.28M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | Raymond James Financial Inc | 415.47K | +63.1% | $40.62M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 4 | Raymond James Financial Inc | 415.47K | +63.1% | $40.62M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 5 | Raymond James Financial Inc | 415.47K | +63.1% | $40.62M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 6 | Wells Fargo & Company/Mn | 223.69K | +447276.0% | $21.87M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 7 | Wells Fargo & Company/Mn | 223.69K | +447276.0% | $21.87M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 8 | Northwestern Mutual Wealth… | 163.03K | +3190.2% | $15.94M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 9 | Jane Street Group, Llc | 156.01K | +984.4% | $15.25M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 10 | Mariner, LLC | 138.21K | +11.4% | $13.51M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 11 | Bank Of America Corp /De/ | 90.56K | +153.8% | $8.85M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 12 | Bank Of America Corp /De/ | 90.56K | +153.8% | $8.85M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 13 | Commonwealth Equity Services, Llc | 54.15K | +84.8% | $5.29M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 14 | Stifel Financial Corp | 47.62K | +155.6% | $4.66M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 15 | Focus Partners Wealth | 21.05K | New | $2.06M | 0.0% | New | 1 | SEC ↗ |
| 16 | Lido Advisors, LLC | 13.91K | +10.9% | $1.36M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 17 | Lido Advisors, LLC | 13.91K | +10.9% | $1.36M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 18 | Corient Private Wealth LP | 13.35K | -51.2% | $944,391 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 19 | Envestnet Asset Management Inc | 9.06K | +47.3% | $886,249 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 20 | Qube Research & Technologies Ltd | 6.74K | New | $658,650 | 0.0% | New | 1 | SEC ↗ |
| 21 | Royal Bank Of Canada | 6.67K | -10.1% | $653,000 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 22 | Royal Bank Of Canada | 6.67K | -10.1% | $653,000 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 23 | Citadel Advisors ✦ | 5.60K | New | $547,099 | 0.0% | New | 1 | SEC ↗ |
| 24 | Susquehanna International Group, Llp | 4.98K | -67.0% | $486,581 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 25 | Truist Financial Corp | 4.09K | New | $399,472 | 0.0% | New | 1 | SEC ↗ |
| 26 | Hrt Financial Lp | 3.17K | New | $309,000 | 0.0% | New | 1 | SEC ↗ |
| 27 | HighTower Advisors, LLC | 3.10K | -4.1% | $302,879 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 28 | Osaic Holdings, Inc. | 2.92K | +23.6% | $285,765 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 29 | Osaic Holdings, Inc. | 2.92K | +23.6% | $285,765 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 30 | Goldman Sachs Group ✦ | 2.69K | New | $263,186 | 0.0% | New | 1 | SEC ↗ |
| 31 | Morgan Stanley ✦ | 1.46K | +40.0% | $142,641 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 32 | Fifth Third Bancorp | 808 | New | $78,995 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Focus Partners Wealth | $2.06M | 0.0% |
| Qube Research & Technologies… | $658,650 | 0.0% |
| Citadel Advisors | $547,099 | 0.0% |
| Truist Financial Corp | $399,472 | 0.0% |
| Hrt Financial Lp | $309,000 | 0.0% |
| Goldman Sachs Group | $263,186 | 0.0% |
| Fifth Third Bancorp | $78,995 | 0.0% |
Exited
| UBS Group AG | $124,618 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 121 holders, 16.42M shares, $1.59B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.