Investor intelligence · Position changes
Accumulation & distribution (Q-o-Q)
Where institutions are adding vs. trimming, quarter over quarter (2025-12-31 → 2026-03-31), by number of managers, share-count based, so it's immune to price moves and single-filer value errors. The most-watched 13F signal.
Most accumulated
Names the most managers added to (net of those who trimmed).
| Security | Net mgrs | Added | Trimmed | New buys |
|---|---|---|---|---|
| AMAZON COM INC | +246 | 1359 | 1113 | 93 |
| MICROSOFT CORP | +226 | 1491 | 1265 | 68 |
| VANGUARD INDEX FDS | +159 | 575 | 416 | 57 |
| CHEVRON CORPORATION | +152 | 584 | 432 | 287 |
| NETFLIX INC | +138 | 443 | 305 | 130 |
| INVESCO EXCHANGE TRADED FD T | +131 | 286 | 155 | 64 |
| ISHARES TR | +116 | 318 | 202 | 51 |
| VANGUARD BD INDEX FDS | +115 | 226 | 111 | 25 |
| ASTRAZENECA PLC | +111 | 115 | 4 | 115 |
| ISHARES TR | +106 | 283 | 177 | 27 |
| FIDELITY MERRIMACK STR TR | +96 | 121 | 25 | 11 |
| SPDR SERIES TRUST | +94 | 224 | 130 | 29 |
| VANGUARD SCOTTSDALE FDS | +91 | 147 | 56 | 22 |
| VANGUARD TAX-MANAGED FDS | +90 | 375 | 285 | 47 |
| VANGUARD INDEX FDS | +88 | 473 | 385 | 37 |
Most distributed
Names the most managers cut (net).
| Security | Net mgrs | Added | Trimmed | Exits |
|---|---|---|---|---|
| ALPHABET INC | -456 | 877 | 1333 | 142 |
| ALPHABET INC | -444 | 619 | 1063 | 154 |
| APPLE INC | -403 | 1074 | 1477 | 83 |
| JOHNSON & JOHNSON | -282 | 511 | 793 | 55 |
| SPDR S&P 500 ETF TR | -228 | 611 | 839 | 129 |
| BANK AMERICA CORP | -181 | 223 | 404 | 137 |
| JPMORGAN CHASE & CO | -180 | 797 | 977 | 123 |
| WALMART INC | -179 | 468 | 647 | 91 |
| MASTERCARD INCORPORATED | -175 | 324 | 499 | 137 |
| CISCO SYS INC | -171 | 281 | 452 | 79 |
| ELI LILLY & CO | -131 | 548 | 679 | 154 |
| SALESFORCE INC | -129 | 176 | 305 | 215 |
| ORACLE CORP | -127 | 264 | 391 | 213 |
| VISA INC | -123 | 607 | 730 | 179 |
| WELLS FARGO CO NEW | -122 | 123 | 245 | 103 |
Among managers reporting both quarters. Min 30 managers active in a name. Public SEC 13F data.