Vault-13

ZEVIA PBC ZVIA

CL A · Common Stock · CUSIP 98955K104 · ISIN US98955K1043

American zero-calorie soft drinks manufacturer

102 institutional holders -16 vs Q1 2026
41,429,20641.4m shares reported held*
$67.8mreported value*
26 new 35 added 28 reduced 40 sold out net sold ≈ $5.6m (-3.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($15.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.64. Options: 3 managers hold calls ($77.4k notional), 2 hold puts ($43.8k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 47Q4 22: 60Q1 23: 65Q2 23: 70Q3 23: 59Q4 23: 64Q1 24: 51Q2 24: 60Q3 24: 40Q4 24: 66Q1 25: 82Q2 25: 99Q3 25: 100Q4 25: 109Q1 26: 118Q2 26: 102102Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202247
Q4 202260
Q1 202365
Q2 202370
Q3 202359
Q4 202364
Q1 202451
Q2 202460
Q3 202440
Q4 202466
Q1 202582
Q2 202599
Q3 2025100
Q4 2025109
Q1 2026118
Q2 2026102

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 6 bought or addedQ3 24: 41 cut or sold outQ4 24: 43 bought or addedQ4 24: 14 cut or sold outQ4 24Q1 25: 52 bought or addedQ1 25: 28 cut or sold outQ2 25: 71 bought or addedQ2 25: 43 cut or sold outQ2 25Q3 25: 50 bought or addedQ3 25: 46 cut or sold outQ4 25: 69 bought or addedQ4 25: 34 cut or sold outQ4 25Q1 26: 68 bought or addedQ1 26: 54 cut or sold outQ2 26: 61 bought or addedQ2 26: 68 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024641
Q4 20244314
Q1 20255228
Q2 20257143
Q3 20255046
Q4 20256934
Q1 20266854
Q2 20266168

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300kQ3 25 calls: $249.8kQ3 25 puts: $140.9kQ3 25P/C 0.56Q4 25 calls: $189.8kQ4 25 puts: $122.0kQ4 25P/C 0.64Q1 26 calls: $80.0kQ1 26 puts: $117Q1 26P/C 0.00Q2 26 calls: $77.4kQ2 26 puts: $43.8kQ2 26P/C 0.57
Numbers
QuarterCallsPutsP/C
Q3 2025$249.8k$140.9k0.56
Q4 2025$189.8k$122.0k0.64
Q1 2026$80.0k$1170.00
Q2 2026$77.4k$43.8k0.57

Biggest buyers

MACKENZIE FINANCIAL CORP Added +2,546,548+2.5m
Kanen Wealth Management LLC Added +1,443,236+1.4m
JANE STREET GROUP, LLC New +969,397+969.4k
OneAscent Financial Services LLC New +750,375+750.4k
BRIGHTON JONES LLC New +584,709+584.7k
VANGUARD CAPITAL MANAGEMENT LLC Added +435,436+435.4k
Topline Capital Management, LLC Added +428,860+428.9k
Stoic Point Capital Management LLC Added +393,796+393.8k
AQR CAPITAL MANAGEMENT LLC Added +390,266+390.3k
TWO SIGMA INVESTMENTS, LP Added +313,886+313.9k

Biggest sellers

BlackRock, Inc. Reduced -2,313,387-2.3m
Caisse de depot et placement du Quebec Reduced -2,150,000-2.1m
SILVERCREST ASSET MANAGEMENT GROUP LLC Sold out -1,526,294-1.5m
Potrero Capital Research LLC Reduced -1,427,850-1.4m
ArrowMark Colorado Holdings LLC Sold out -1,062,763-1.1m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -931,082-931.1k
GEODE CAPITAL MANAGEMENT, LLC Reduced -655,652-655.7k
Divisadero Street Capital Management, LP Sold out -577,497-577.5k
VANGUARD PORTFOLIO MANAGEMENT LLC Sold out -394,637-394.6k
STATE STREET CORP Reduced -316,903-316.9k

Biggest calls

CITADEL ADVISORS LLC Added $71.7k44.0k shares
SIMPLEX TRADING, LLC Reduced $3.3k2.0k shares
GROUP ONE TRADING LLC Added $2.4k1.5k shares

Biggest puts

CITADEL ADVISORS LLC New $39.4k24.2k shares
SIMPLEX TRADING, LLC Added $4.4k2.7k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 13D · may seek influence -4.2 pts · filed 2026-05-28 15.9% -4.2 pts 11.4m≈ $18.6m 2026-05-28
Topline Capital Management, LLC 13G · institution new · filed 2026-02-13 8.8% new 6.0m≈ $9.7m 2026-02-13

Fell to 5% or below in the last year: Tallwoods Investments, LLC (1.0%, 2026-02-17), Divisadero Street Capital Management, LP (4.8%, 2026-02-13)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q4 24: 0 buyingQ4 24: 1 sellingQ1 25: 0 buyingQ1 25: 3 sellingQ1 25Q2 25: 0 buyingQ2 25: 1 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 1 sellingQ1 26: 0 buyingQ1 26: 3 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—1$4.9m—
Q1 20250—3$321.7k—
Q2 20250—1$203.2k—
Q3 20250—0——
Q4 20250—1$528.0k—
Q1 20260—3$273.1k—
Q2 20260—0——
Q3 20260—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-05-27 CAISSE DE DEPOT ET PLACEMENT DU QUEBEC +1 10% owner Sold 2,150,000 $1.90 $4.1m2.1m shares -16%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Caisse de depot et placement du Quebec 0.03% of their portfolio Montreal, A8 11,400,42811.4m $18.6m $18.6m 0.03% Reduced -2.1m -2,150,000
2 Topline Capital Management, LLC 3.03% of their portfolio SANTA MONICA, CA 7,177,5247.2m $11.7m $11.7m 3.03% Added +428.9k +428,860
3 Kanen Wealth Management LLC 1.12% of their portfolio COCONUT CREEK, FL 2,693,2362.7m $4.6m $4.6m 1.12% Added +1.4m +1,443,236
4 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 2,670,6992.7m $4.4m $4.4m 0.00% Added +2.5m +2,546,548
5 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 2,119,1672.1m $3.5m $3.5m 0.00% Added +435.4k +435,436
6 Jefferies Financial Group Inc. 0.03% of their portfolio NEW YORK, NY 2,099,8792.1m $3.4m $3.4m 0.03% Added +3.3k +3,289
7 Stoic Point Capital Management LLC 1.55% of their portfolio PALO ALTO, CA 1,134,9641.1m $1.8m $1.8m 1.55% Added +393.8k +393,796
8 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 969,397969.4k $1.6m $1.6m 0.00% New
9 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 920,090920.1k $1.5m $1.5m 0.00% Added +390.3k +390,266
10 BlackRock, Inc. 0.00% of their portfolio New York, NY 804,400804.4k $1.3m $1.3m 0.00% Reduced -2.3m -2,313,387
11 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 769,655769.7k $1.3m $1.3m 0.00% Added +224.4k +224,357
12 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 765,891765.9k $1.2m $1.2m 0.00% Reduced -45.9k -45,935
13 OneAscent Financial Services LLC 0.06% of their portfolio BIRMINGHAM, AL 750,375750.4k $1.2m $1.2m 0.06% New
14 BCS Private Wealth Management, Inc. 0.34% of their portfolio RUMSON, NJ 699,189699.2k $1.1m $1.1m 0.34% Unchanged
15 BRIGHTON JONES LLC 0.02% of their portfolio SEATTLE, WA 584,709584.7k $953.1k $953.1k 0.02% New
16 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 552,596552.6k $900.7k $900.7k 0.00% Added +122.0k +121,961
17 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 452,386452.4k $737.4k $737.4k 0.00% Added +313.9k +313,886
18 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 407,999408.0k $665.0k $665.0k 0.04% Added +94.9k +94,899
19 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 392,151392.2k $639.6k $639.6k 0.00% Reduced -655.7k -655,652
20 Potrero Capital Research LLC 0.31% of their portfolio SAN FRANCISCO, CA 315,181315.2k $513.7k $513.7k 0.31% Reduced -1.4m -1,427,850
21 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 272,100272.1k $443.5k $443.5k 0.00% New
22 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 259,250259.2k $422.6k $422.6k 0.00% New
23 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 236,526236.5k $385.5k $385.5k 0.00% New
24 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 209,552209.6k $341.6k $341.6k 0.00% Reduced -47.1k -47,082
25 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 203,474203.5k $331.7k $331.7k 0.00% Added +30.5k +30,517
26 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 198,150198.2k $358.7k $358.7k 0.00% Added +7.5k +7,548
27 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 188,828188.8k $307.8k $307.8k 0.00% Reduced -316.9k -316,903
28 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 187,143187.1k $298.5k $298.5k 0.00% New
29 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 177,421177.4k $289.2k $289.2k 0.00% Added +134.5k +134,491
30 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 151,915151.9k $247.6k $247.6k 0.00% Added +6.7k +6,651
31 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 142,188142.2k $231.8k $231.8k 0.00% Reduced -202.8k -202,800
32 Centiva Capital, LP 0.01% of their portfolio New York, NY 127,104127.1k $207.2k $207.2k 0.01% Reduced -20.6k -20,645
33 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 121,812121.8k $198.6k $198.6k 0.00% Added +72.1k +72,087
34 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 114,200114.2k $186.1k $186.1k 0.00% New
35 Mariner, LLC 0.00% of their portfolio Overland Park, KS 91,84191.8k $149.7k $149.7k 0.00% Added +45.5k +45,538
36 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 85,60085.6k $139.5k $139.5k 0.00% Reduced -25.0k -25,000
37 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 83,33883.3k $135.8k $135.8k 0.00% Reduced -276.9k -276,865
38 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 80,49180.5k $130.8k $130.8k 0.00% Reduced -133.8k -133,828
39 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 79,48879.5k $129.6k $129.6k 0.00% Reduced -214.4k -214,401
40 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 66,94966.9k $109.0k $109.0k 0.00% New
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 54,14954.1k $85.0k $85.0k 0.00% Reduced -24.4k -24,397
42 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 50,34650.3k $82.1k $82.1k 0.00% Reduced -1.2k -1,208
43 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 41,66841.7k $67.9k $67.9k 0.00% Added +20.1k +20,062
44 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 36,69836.7k $59.8k $59.8k 0.00% Added +3.8k +3,824
45 NWAM LLC 0.00% of their portfolio MERCER ISLAND, WA 35,86635.9k $58.5k $58.5k 0.00% Unchanged
46 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 32,62932.6k $53.2k $53.2k 0.00% Added +21.7k +21,678
47 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 30,94130.9k $53.2k $53.2k 0.00% Added +18.9k +18,898
48 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 28,16528.2k $45.9k $45.9k 0.00% New
49 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 27,95628.0k $45.6k $45.6k 0.00% Reduced -931.1k -931,082
50 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 25,78725.8k $42.0k $42.0k 0.00% New
51 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 23,85923.9k $38.9k $38.9k 0.00% Added +13.1k +13,096
52 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 19,32719.3k $31.5k $31.5k 0.00% Reduced -32.4k -32,392
53 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 17,67117.7k $28.8k $28.8k 0.00% New
54 Ruggaard & Associates LLC 0.01% of their portfolio HUDSON, OH 17,00017.0k $27.7k $27.7k 0.01% New
55 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 16,70716.7k $27.2k $27.2k 0.00% Reduced -6.4k -6,390
56 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 16,51316.5k $26.9k $26.9k 0.00% Unchanged
57 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.00% of their portfolio New York, NY 16,22816.2k $26.5k $26.5k 0.00% Unchanged
58 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 15,50115.5k $25.3k $25.3k 0.00% New
59 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 15,01515.0k $24.5k $24.5k 0.00% New
60 Pallas Capital Advisors LLC 0.00% of their portfolio BRAINTREE, MA 13,97014.0k $22.8k $22.8k 0.00% New
61 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 13,62313.6k $22.2k $22.2k 0.00% New
62 IHT Wealth Management, LLC 0.00% of their portfolio Chicago, IL 13,00013.0k $21.2k $21.2k 0.00% New
63 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 12,67112.7k $20.7k $20.7k 0.00% Unchanged
64 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.00% of their portfolio Westlake, OH 12,11612.1k $19.7k $19.7k 0.00% Reduced -1.0k -1,000
65 AXQ CAPITAL, LP 0.00% of their portfolio JERSEY CITY, NJ 10,59310.6k $17.3k $17.3k 0.00% New
66 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,25010.2k $16.7k $16.7k 0.00% Reduced -9.9k -9,915
67 Field & Main Bank 0.00% of their portfolio HENDERSON, KY 10,00010.0k $16.3k $16.3k 0.00% Unchanged
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,9449.9k $16.0k $16.0k 0.00% Added +3.4k +3,367
69 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 9,6819.7k $15.8k $15.8k 0.00% Added +9.4k +9,375
70 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 6,2506.2k $9.8k $9.8k 0.00% Unchanged
71 FMR LLC 0.00% of their portfolio BOSTON, MA 6,0836.1k $9.9k $9.9k 0.00% Added +2.2k +2,226
72 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,6525.7k $9.2k $9.2k 0.00% Reduced -6.9k -6,936
73 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 5,1385.1k $8.4k $8.4k 0.00% Added +2.6k +2,591
74 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,2823.3k $5.3k $5.3k 0.00% Reduced -8.5k -8,487
75 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,4522.5k $4.0k $4.0k 0.00% Added +1.7k +1,704
76 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 2,0102.0k $3.3k $3.3k 0.00% New
77 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 1,8441.8k $3.0k $3.0k 0.00% Reduced -1.2k -1,241
78 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1,5861.6k $2.6k $2.6k 0.00% Added +971 +971
79 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,3411.3k $2.2k $2.2k 0.00% Reduced -1.9k -1,865
80 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 1,0211.0k $1.7k $1.7k 0.00% Reduced -6.8k -6,753
81 LRI Investments, LLC 0.00% of their portfolio PALM BEACH GARDENS, FL 1,0001.0k $1.6k $1.6k 0.00% Unchanged
82 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 798798 $1.3k $1.3k 0.00% Added +586 +586
83 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 753753 $1.2k $1.2k 0.00% New
84 Fortitude Family Office, LLC 0.00% of their portfolio SCOTTSDALE, AZ 666666 $1.1k $1.1k 0.00% Reduced -25 -25
85 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 659659 $1.1k $1.1k 0.00% Added +497 +497
86 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 579579 $944 $944 0.00% Reduced -42.4k -42,412
87 True Wealth Design, LLC 0.00% of their portfolio AKRON, OH 552552 $900 $900 0.00% Added +432 +432
88 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 450450 $734 $734 0.00% First filing
89 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 291291 $474 $474 0.00% Unchanged
90 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 209209 $341 $341 0.00% Added +49 +49
91 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 152152 $248 $248 0.00% Reduced -126 -126
92 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 150150 $245 $245 0.00% Unchanged
93 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 139139 $227 $227 0.00% New
94 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 100100 $162 $162 0.00% New
95 SJS Investment Consulting Inc. 0.00% of their portfolio SYLVANIA, OH 7777 $126 $126 0.00% Added +74 +74
96 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 6868 $112 $112 0.00% New
97 Transamerica Financial Advisors, LLC 0.00% of their portfolio CEDAR RAPIDS, IA 4141 $66 $66 0.00% Unchanged
98 Basecamp Wealth Advisors LLC 0.00% of their portfolio BELLEVUE, WA 4040 $65 $65 0.00% Added +30 +30
99 Wealth Enhancement Trust Services, Inc. 0.00% of their portfolio SIOUX FALLS, SD 3737 $60 $60 0.00% New
100 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 2020 $33 $33 0.00% Unchanged