Who owns CMF
Which tracked institutional funds hold CMF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CMF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
84 tracked funds added or opened CMF while 48 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CMF’s largest tracked holder by dollar value, CHARLES SCHWAB INVESTMENT MANAGEMENT INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes CMF more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in CMF divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 342 tracked filers holding CMF, 192 increased or opened the position and 131 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CMF between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 13
- AXXCESS WEALTH MANAGEMENT, LLC$10M
- Global Retirement Partners, LLC$9M
- Plancorp, LLC$5M
- Seek First Inc.$3M
- Private Advisor Group, LLC$2M
- Engineers Gate Manager LP$2M
Full exits 16
- Opes Wealth Management LLC$27M
- Betterment LLC$14M
- JANE STREET GROUP, LLC$10M
- Financial Connections Group, Inc.$9M
- HighTower Advisors, LLC$6M
- CWM, LLC$6M
Largest adds
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$81M
- Wealthfront Advisers LLC$67M
- EP Wealth Advisors, LLC$30M
- Facet Wealth, Inc.$11M
- LPL Financial LLC$10M
- BANK OF AMERICA CORP /DE/$9M
Largest trims
- Beacon Pointe Advisors, LLC$12M
- Steward Partners Investment Advisory, LLC$9M
- Manhattan West Asset Management, LLC$4M
- Integrated Advisors Network LLC$3M
- ALLIANCEBERNSTEIN L.P.$3M
- FMR LLC$2M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 9,795,528 | $565M | 19.6% | 2026-Q2 |
| Wealthfront Advisers LLC added | 7,276,324 | $419M | 14.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,975,540 | $114M | 3.9% | 2026-Q2 |
| MORGAN STANLEY added | 1,936,419 | $112M | 3.9% | 2026-Q2 |
| Facet Wealth, Inc. added | 1,750,409 | $101M | 3.5% | 2026-Q2 |
| FMR LLC trimmed | 1,742,213 | $100M | 3.5% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 1,691,400 | $97M | 3.4% | 2026-Q2 |
| SYON CAPITAL LLC added | 1,395,697 | $80M | 2.8% | 2026-Q2 |
| LPL Financial LLC added | 1,310,854 | $76M | 2.6% | 2026-Q2 |
| BAILARD, INC. trimmed | 1,213,415 | $70M | 2.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,118,263 | $64M | 2.2% | 2026-Q2 |
| Mariner, LLC added | 931,425 | $54M | 1.9% | 2026-Q2 |
| BlackRock, Inc. trimmed | 865,882 | $50M | 1.7% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 690,685 | $40M | 1.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 667,037 | $38M | 1.3% | 2026-Q2 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC added | 666,348 | $38M | 1.3% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 624,565 | $36M | 1.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 510,220 | $29M | 1.0% | 2026-Q2 |
| UBS Group AG trimmed | 503,444 | $29M | 1.0% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 477,670 | $28M | 1.0% | 2026-Q2 |
| Focus Partners Wealth added | 455,178 | $26M | 0.9% | 2026-Q2 |
| ASSETMARK, INC added | 436,085 | $25M | 0.9% | 2026-Q2 |
| Cerity Partners LLC added | 390,584 | $23M | 0.8% | 2026-Q2 |
| West Wealth Group, LLC added | 384,830 | $22M | 0.8% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 378,084 | $22M | 0.8% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 360,260 | $21M | 0.7% | 2026-Q2 |
| SEI INVESTMENTS CO added | 327,187 | $19M | 0.7% | 2026-Q2 |
| Manhattan West Asset Management, LLC trimmed | 325,296 | $19M | 0.7% | 2026-Q2 |
| FIRST FOUNDATION ADVISORS trimmed | 318,941 | $18M | 0.6% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 315,476 | $18M | 0.6% | 2026-Q2 |
| RWA WEALTH PARTNERS, LLC added | 314,017 | $18M | 0.6% | 2026-Q2 |
| Affinity Capital Advisors, LLC trimmed | 293,212 | $17M | 0.6% | 2026-Q2 |
| Orin Green Financial, LLC trimmed | 284,860 | $16M | 0.6% | 2026-Q2 |
| Creative Planning trimmed | 273,154 | $16M | 0.5% | 2026-Q2 |
| Rinkey Investments added | 266,511 | $15M | 0.5% | 2026-Q2 |
| Slow Capital, Inc. trimmed | 252,501 | $15M | 0.5% | 2026-Q2 |
| MYECFO, LLC trimmed | 241,609 | $14M | 0.5% | 2026-Q2 |
| RiverFront Investment Group, LLC trimmed | 241,434 | $14M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 236,001 | $14M | 0.5% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 212,056 | $12M | 0.4% | 2026-Q2 |
| Pure Financial Advisors, LLC added | 209,603 | $12M | 0.4% | 2026-Q2 |
| Apella Capital, LLC trimmed | 204,693 | $12M | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 203,745 | $12M | 0.4% | 2026-Q2 |
| Navalign, LLC added | 202,036 | $12M | 0.4% | 2026-Q2 |
| Brio Consultants, LLC added | 200,419 | $12M | 0.4% | 2026-Q2 |
| Atlas Legacy Advisors, LLC trimmed | 198,228 | $11M | 0.4% | 2026-Q2 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 195,345 | $11M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 194,046 | $11M | 0.4% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 192,748 | $11M | 0.4% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 185,277 | $11M | 0.4% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 174,620 | $10M | 0.3% | 2026-Q2 |
| Global Retirement Partners, LLC added | 159,119 | $9M | 0.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 153,750 | $9M | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 145,019 | $8M | 0.3% | 2026-Q2 |
| Wedmont Private Capital added | 142,052 | $8M | 0.3% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 140,131 | $8M | 0.3% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 134,984 | $8M | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 131,735 | $8M | 0.3% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 128,340 | $7M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 120,754 | $7M | 0.2% | 2026-Q2 |
| Garde Capital, Inc. trimmed | 116,793 | $7M | 0.2% | 2026-Q2 |
| Freestone Capital Holdings, LLC added | 115,189 | $7M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 111,073 | $6M | 0.2% | 2026-Q2 |
| Stonehage Fleming Financial Services Holdings Ltd | 102,100 | $6M | 0.2% | 2026-Q2 |
| FIRST AMERICAN TRUST, FSB trimmed | 100,682 | $6M | 0.2% | 2026-Q2 |
| Gerber Kawasaki Wealth & Investment Management added | 99,938 | $6M | 0.2% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC added | 98,953 | $6M | 0.2% | 2026-Q2 |
| Fullerton Advisors, LLC added | 98,660 | $6M | 0.2% | 2026-Q2 |
| THRYVE WEALTH MANAGEMENT LLC | 97,938 | $6M | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ | 96,380 | $6M | 0.2% | 2026-Q2 |
| Valmark Advisers, Inc. added | 95,424 | $6M | 0.2% | 2026-Q2 |
| Client First Capital LLC | 92,578 | $5M | 0.2% | 2026-Q2 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 92,420 | $5M | 0.2% | 2026-Q2 |
| NDWM LLC added | 92,199 | $5M | 0.2% | 2026-Q2 |
| Compound Planning, Inc. trimmed | 86,886 | $5M | 0.2% | 2026-Q2 |
| Elmwood Wealth Management, Inc. added | 82,736 | $5M | 0.2% | 2026-Q2 |
| Plancorp, LLC new | 80,435 | $5M | 0.2% | 2026-Q2 |
| Columbia Bank trimmed | 80,426 | $5M | 0.2% | 2026-Q2 |
| Ducere Wealth Management LLC trimmed | 79,139 | $5M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 77,466 | $4M | 0.2% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC added | 75,841 | $4M | 0.2% | 2026-Q2 |
| MISSION WEALTH MANAGEMENT, LP added | 73,475 | $4M | 0.1% | 2026-Q2 |
| CHOREO, LLC trimmed | 73,214 | $4M | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC added | 72,199 | $4M | 0.1% | 2026-Q2 |
| Sand Hill Global Advisors, LLC added | 71,158 | $4M | 0.1% | 2026-Q2 |
| Westfuller Advisors, LLC added | 69,572 | $4M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 67,782 | $4M | 0.1% | 2026-Q2 |
| Summit Trail Advisors, LLC added | 66,263 | $4M | 0.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 64,217 | $4M | 0.1% | 2026-Q2 |
| EHRLICH FINANCIAL GROUP trimmed | 63,540 | $4M | 0.1% | 2026-Q2 |
| One Capital Management, LLC | 62,540 | $4M | 0.1% | 2026-Q2 |
| Heritage Wealth Management, Inc. /CA/ added | 62,383 | $4M | 0.1% | 2026-Q2 |
| SILVER OAK WEALTH ADVISORS SERVICES, LLC trimmed | 60,464 | $3M | 0.1% | 2026-Q2 |
| Omega Financial Group, LLC trimmed | 59,613 | $3M | 0.1% | 2026-Q2 |
| LODESTAR PRIVATE ASSET MANAGEMENT LLC added | 58,046 | $3M | 0.1% | 2026-Q2 |
| Warren Street Wealth Advisors, LLC added | 56,679 | $3M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 55,094 | $3M | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 54,567 | $3M | 0.1% | 2026-Q2 |
| Ballast Rock Private Wealth LLC trimmed | 54,216 | $3M | 0.1% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed | 54,179 | $3M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.