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Institutional Ownership · SEC Form 13F

Who owns CMF (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-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

348
Institutional holders
50,407,096
Shares held (tracked funds)

How the tape is positioned

74 tracked funds added or opened CMF while 58 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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 0.1pp 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 2025-Q4 and 2026-Q1, across 348 tracked filers holding CMF, 198 increased or opened the position and 114 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 2025-Q4 and 2026-Q1 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

  • TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC$38M
  • Garde Capital, Inc.$7M
  • Integrated Advisors Network LLC$4M
  • FIFTH THIRD BANCORP$4M
  • Cresset Asset Management, LLC$968K
  • FRANKLIN RESOURCES INC$852K

Full exits 14

  • Envestnet Portfolio Solutions, Inc.$21M
  • AXXCESS WEALTH MANAGEMENT, LLC$11M
  • COMERICA BANK$4M
  • FF Advisors,LLC$2M
  • Leisure Capital Management$2M
  • Running Point Capital Advisors, LLC$2M

Largest adds

  • Wealthfront Advisers LLC$59M
  • BlackRock, Inc.$37M
  • ENVESTNET ASSET MANAGEMENT INC$27M
  • Beacon Pointe Advisors, LLC$17M
  • SYON CAPITAL LLC$11M
  • Apella Capital, LLC$9M

Largest trims

  • TIAA TRUST, NATIONAL ASSOCIATION$38M
  • BAILARD, INC.$12M
  • FMR LLC$7M
  • BANK OF AMERICA CORP /DE/$7M
  • OSAIC HOLDINGS, INC.$6M
  • RENAISSANCE TECHNOLOGIES LLC$5M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added8,496,808$483M17.6%2026-Q1
Wealthfront Advisers LLC added6,199,721$353M12.9%2026-Q1
MORGAN STANLEY added1,872,723$106M3.9%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed1,836,874$104M3.8%2026-Q1
FMR LLC trimmed1,807,029$103M3.8%2026-Q1
Facet Wealth, Inc. added1,581,074$90M3.3%2026-Q1
SYON CAPITAL LLC added1,352,128$77M2.8%2026-Q1
BAILARD, INC. trimmed1,234,606$70M2.6%2026-Q1
EP Wealth Advisors, LLC added1,180,899$67M2.5%2026-Q1
LPL Financial LLC added1,147,593$65M2.4%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added1,021,059$58M2.1%2026-Q1
Mariner, LLC added918,584$52M1.9%2026-Q1
BlackRock, Inc. added882,814$50M1.8%2026-Q1
JPMORGAN CHASE & CO added681,794$39M1.4%2026-Q1
TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new663,621$38M1.4%2026-Q1
WELLS FARGO & COMPANY/MN added657,464$37M1.4%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV added657,171$37M1.4%2026-Q1
UBS Group AG trimmed531,875$30M1.1%2026-Q1
ROYAL BANK OF CANADA added471,638$27M1.0%2026-Q1
Opes Wealth Management LLC added467,978$27M1.0%2026-Q1
Beacon Pointe Advisors, LLC added411,658$23M0.9%2026-Q1
Focus Partners Wealth added404,359$23M0.8%2026-Q1
Manhattan West Asset Management, LLC added397,775$23M0.8%2026-Q1
GUGGENHEIM CAPITAL LLC added396,010$23M0.8%2026-Q1
ASSETMARK, INC added391,733$22M0.8%2026-Q1
ALLIANCEBERNSTEIN L.P. added366,339$21M0.8%2026-Q1
Cetera Investment Advisers trimmed368,508$21M0.8%2026-Q1
Steward Partners Investment Advisory, LLC trimmed358,790$20M0.7%2026-Q1
FIRST FOUNDATION ADVISORS trimmed356,732$20M0.7%2026-Q1
CAPTRUST FINANCIAL ADVISORS added356,431$20M0.7%2026-Q1
West Wealth Group, LLC added331,806$19M0.7%2026-Q1
Cerity Partners LLC added331,070$19M0.7%2026-Q1
RWA WEALTH PARTNERS, LLC added312,546$18M0.6%2026-Q1
SEI INVESTMENTS CO added308,912$18M0.6%2026-Q1
Affinity Capital Advisors, LLC added293,236$17M0.6%2026-Q1
Orin Green Financial, LLC trimmed287,164$16M0.6%2026-Q1
Slow Capital, Inc. trimmed278,292$16M0.6%2026-Q1
Creative Planning added277,418$16M0.6%2026-Q1
MYECFO, LLC added262,542$15M0.5%2026-Q1
Rinkey Investments added258,963$15M0.5%2026-Q1
RiverFront Investment Group, LLC added244,554$14M0.5%2026-Q1
AMERIPRISE FINANCIAL INC trimmed243,494$14M0.5%2026-Q1
Betterment LLC added242,057$14M0.5%2026-Q1
Apella Capital, LLC added212,510$12M0.4%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added206,115$12M0.4%2026-Q1
Navalign, LLC added200,894$11M0.4%2026-Q1
Atlas Legacy Advisors, LLC trimmed198,262$11M0.4%2026-Q1
Brio Consultants, LLC trimmed197,127$11M0.4%2026-Q1
Pure Financial Advisors, LLC added195,635$11M0.4%2026-Q1
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added192,029$11M0.4%2026-Q1
JANE STREET GROUP, LLC added172,581$10M0.4%2026-Q1
JONES FINANCIAL COMPANIES LLLP added162,761$9M0.3%2026-Q1
Financial Connections Group, Inc. trimmed153,857$9M0.3%2026-Q1
BANK OF MONTREAL /CAN/ trimmed150,685$9M0.3%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed144,709$8M0.3%2026-Q1
Wedmont Private Capital trimmed142,044$8M0.3%2026-Q1
Sanctuary Advisors, LLC added129,377$7M0.3%2026-Q1
Farther Finance Advisors, LLC trimmed128,029$7M0.3%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added126,007$7M0.3%2026-Q1
OneDigital Investment Advisors LLC added124,682$7M0.3%2026-Q1
Garde Capital, Inc. trimmed118,101$7M0.2%2026-Q1
HighTower Advisors, LLC added113,692$6M0.2%2026-Q1
CWM, LLC trimmed112,944$6M0.2%2026-Q1
FIRST AMERICAN TRUST, FSB trimmed110,938$6M0.2%2026-Q1
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added103,080$6M0.2%2026-Q1
Stonehage Fleming Financial Services Holdings Ltd added102,100$6M0.2%2026-Q1
Compound Planning, Inc. added99,861$6M0.2%2026-Q1
THRYVE WEALTH MANAGEMENT LLC trimmed97,938$6M0.2%2026-Q1
DEUTSCHE BANK AG\96,380$5M0.2%2026-Q1
Fullerton Advisors, LLC added95,033$5M0.2%2026-Q1
Client First Capital LLC92,578$5M0.2%2026-Q1
NDWM LLC added90,580$5M0.2%2026-Q1
MML INVESTORS SERVICES, LLC trimmed90,384$5M0.2%2026-Q1
Ducere Wealth Management LLC trimmed90,272$5M0.2%2026-Q1
Freestone Capital Holdings, LLC added86,874$5M0.2%2026-Q1
Ballast Rock Private Wealth LLC added84,568$5M0.2%2026-Q1
Gerber Kawasaki Wealth & Investment Management added83,506$5M0.2%2026-Q1
Columbia Bank added81,426$5M0.2%2026-Q1
Valmark Advisers, Inc. added80,669$5M0.2%2026-Q1
Elmwood Wealth Management, Inc. added77,916$4M0.2%2026-Q1
Prime Capital Investment Advisors, LLC added75,771$4M0.2%2026-Q1
Integrated Advisors Network LLC added74,459$4M0.2%2026-Q1
CHOREO, LLC trimmed73,534$4M0.2%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC added70,850$4M0.1%2026-Q1
FIFTH THIRD BANCORP new70,004$4M0.1%2026-Q1
Sand Hill Global Advisors, LLC trimmed69,965$4M0.1%2026-Q1
MISSION WEALTH MANAGEMENT, LP trimmed69,471$4M0.1%2026-Q1
Westfuller Advisors, LLC added69,064$4M0.1%2026-Q1
EHRLICH FINANCIAL GROUP trimmed68,533$4M0.1%2026-Q1
SILVER OAK WEALTH ADVISORS SERVICES, LLC trimmed66,536$4M0.1%2026-Q1
Summit Trail Advisors, LLC65,718$4M0.1%2026-Q1
One Capital Management, LLC added62,540$4M0.1%2026-Q1
Raub Brock Capital Management LP added412,617$23M0.8%2025-Q1 stale
Envestnet Portfolio Solutions, Inc. added359,418$21M0.8%2025-Q4 stale
AXXCESS WEALTH MANAGEMENT, LLC new195,887$11M0.4%2025-Q4 stale
Certus Wealth Management, LLC trimmed127,232$7M0.3%2025-Q3 stale
Strive Asset Management, LLC100,564$6M0.2%2025-Q3 stale
AVANTAX ADVISORY SERVICES, INC. added80,438$4M0.2%2025-Q2 stale
AMARA FINANCIAL, LLC. trimmed79,260$4M0.2%2025-Q1 stale
COMERICA BANK added70,454$4M0.1%2025-Q4 stale

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.

HoldersTotal shares

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.

Learn how to read institutional ownership