Zevia PBC: which funds bought and sold

Institutions that bought and sold Zevia PBC shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 61 institutions that filed 13F reports for both quarters added to or opened positions in Zevia PBC, and 68 cut or closed them. Together they sold a net 3.4M shares, −7.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 1.1M shares (+29.1%); index fund managers were net sellers of 3.7M shares (−49.1%). 26 opened a new position and 40 sold out entirely.

Bought, Q2 2026 61 institutions, 26 of them new holders Sold, Q2 2026 68 institutions, 40 of them sold out

Net change, all compared −3.4M shares (−7.7%)

Net change, active managers +1.1M shares (+29.1%), 12 bought, 11 sold

Buyers versus sellers

institutions compared, 141

61 bought 12 68 sold

Active managers and hedge funds 12 bought · 11 sold · +1.1M

Index fund managers 2 bought · 8 sold · −3.7M

Other institutions 47 bought · 49 sold · −791K

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Mackenzie Financial Corp	+2.5M +2051.2%	2.7M	$4.4M
Kanen Wealth Management LLC	+1.4M +115.5%	2.7M	$4.6M
Jane Street Group, LLC	+969K New position	969K	$1.6M
Oneascent Financial Services LLC	+750K New position	750K	$1.2M
Brighton Jones LLC	+585K New position	585K	$953,076
Vanguard Capital Management LLC Index funds	+435K +25.9%	2.1M	$3.5M
Topline Capital Management, LLC	+429K +6.4%	7.2M	$11.7M
Stoic Point Capital Management LLC	+394K +53.1%	1.1M	$1.8M
AQR Capital Management LLC Hedge fund	+390K +73.7%	920K	$1.5M
Two Sigma Investments, LP Hedge fund	+314K +226.6%	452K	$737,389
Canada Pension Plan Investment Board	+272K New position	272K	$443,523
Arrowstreet Capital, Limited Partnership Hedge fund	+259K New position	259K	$422,578
Millennium Management LLC Hedge fund	+237K New position	237K	$385,537
Squarepoint Ops LLC Hedge fund	+224K +41.1%	770K	$1.3M
HSBC Holdings PLC	+187K New position	187K	$298,493
Xtx Topco Ltd	+134K +313.3%	177K	$289,196
D. E. Shaw & Co., Inc. Hedge fund	+122K +28.3%	553K	$900,731
Marshall Wace, LLP Hedge fund	+114K New position	114K	$186,146
Gsa Capital Partners LLP	+95K +30.3%	408K	$665,000
Ieq Capital, LLC	+72K +145.0%	122K	$198,554

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
AQR Capital Management LLC Hedge fund	+390K +73.7%	920K	$1.5M
Two Sigma Investments, LP Hedge fund	+314K +226.6%	452K	$737,389
Arrowstreet Capital, Limited Partnership Hedge fund	+259K New position	259K	$422,578
Millennium Management LLC Hedge fund	+237K New position	237K	$385,537
Squarepoint Ops LLC Hedge fund	+224K +41.1%	770K	$1.3M
D. E. Shaw & Co., Inc. Hedge fund	+122K +28.3%	553K	$900,731
Marshall Wace, LLP Hedge fund	+114K New position	114K	$186,146
Qube Research & Technologies Ltd Hedge fund	+31K +17.6%	203K	$331,663
Schonfeld Strategic Advisors LLC Hedge fund	+26K New position	26K	$42,032
Quadrature Capital Ltd Hedge fund	+15K New position	15K	$24,474

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
Blackrock, Inc. Index funds	−2.3M −74.2%	804K	$1.3M
Caisse De Depot Et Placement Du Quebec	−2.1M −15.9%	11.4M	$18.6M
Silvercrest Asset Management Group LLC	−1.5M Sold out	0	—
Potrero Capital Research LLC	−1.4M −81.9%	315K	$513,745
Arrowmark Colorado Holdings LLC	−1.1M Sold out	0	—
Susquehanna International Group, LLP	−931K −97.1%	28K	$45,568
Geode Capital Management, LLC Index funds	−656K −62.6%	392K	$639,650
Divisadero Street Capital Management, LP	−577K Sold out	0	—
Vanguard Portfolio Management LLC Index funds	−395K Sold out	0	—
State Street Corp Index funds	−317K −62.7%	189K	$307,790
Northern Trust Corp Index funds	−277K −76.9%	83K	$135,841
Jacobs Levy Equity Management, Inc Active manager	−214K −73.0%	79K	$129,565
Goldman Sachs Group Inc	−203K −58.8%	142K	$231,767
Castle Hook Partners LP Hedge fund	−172K Sold out	0	—
Strs Ohio	−151K Sold out	0	—
Nuveen, LLC	−140K Sold out	0	—
Dimensional Fund Advisors LP	−134K −62.4%	80K	$130,850
Bank Of New York Mellon Corp	−112K Sold out	0	—
Charles Schwab Investment Management Inc Index funds	−110K Sold out	0	—
Alliancebernstein L.P. Active manager	−78K Sold out	0	—

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Jacobs Levy Equity Management, Inc Active manager	−214K −73.0%	79K	$129,565
Castle Hook Partners LP Hedge fund	−172K Sold out	0	—
Alliancebernstein L.P. Active manager	−78K Sold out	0	—
Acadian Asset Management LLC Active manager	−55K Sold out	0	—
Renaissance Technologies LLC Hedge fund	−46K −5.7%	766K	$1.2M
Price T Rowe Associates Inc Active manager	−29K Sold out	0	—
Bridgeway Capital Management, LLC Active manager	−25K −22.6%	86K	$139,528
American Century Companies Inc Active manager	−24K Sold out	0	—
Centiva Capital, LP Hedge fund	−21K −14.0%	127K	$207,180
Intech Investment Management LLC Active manager	−14K Sold out	0	—

New positions

largest by value

Institution	Shares	Value June 30, 2026
Jane Street Group, LLC	969K	$1.6M
Oneascent Financial Services LLC	750K	$1.2M
Brighton Jones LLC	585K	$953,076
Canada Pension Plan Investment Board	272K	$443,523
Arrowstreet Capital, Limited PartnershipHedge fund	259K	$422,578
Millennium Management LLCHedge fund	237K	$385,537
HSBC Holdings PLC	187K	$298,493
Marshall Wace, LLPHedge fund	114K	$186,146
HRT Financial LP	67K	$109,000
Vanguard Personalized Indexing Management, LLCIndex funds	28K	$45,909

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Silvercrest Asset Management Group LLC	1.5M	$1.8M
Arrowmark Colorado Holdings LLC	1.1M	$1.2M
Divisadero Street Capital Management, LP	577K	$675,671
Vanguard Portfolio Management LLCIndex funds	395K	$461,725
Castle Hook Partners LPHedge fund	172K	$201,001
Alliancebernstein L.P.Active manager	78K	$181,285
Strs Ohio	151K	$176,085
Nuveen, LLC	140K	$163,520
Bank Of New York Mellon Corp	112K	$131,473
Charles Schwab Investment Management IncIndex funds	110K	$129,244

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 102
Ten largest holders: 77.2%
Index fund managers: 9.2%
Active managers and hedge funds: 11.3%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	12	11	5	6	+1.1M	+29.1%
Index fund managers	2	8	1	3	−3.7M	−49.1%
Other institutions	47	49	20	31	−791K	−2.3%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on Zevia PBC.

Only managers that filed a holdings report for both quarters are compared (141 here). 4 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

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