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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 8,496,808 | $483M | 17.6% | 2026-Q1 |
| Wealthfront Advisers LLC added | 6,199,721 | $353M | 12.9% | 2026-Q1 |
| MORGAN STANLEY added | 1,872,723 | $106M | 3.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,836,874 | $104M | 3.8% | 2026-Q1 |
| FMR LLC trimmed | 1,807,029 | $103M | 3.8% | 2026-Q1 |
| Facet Wealth, Inc. added | 1,581,074 | $90M | 3.3% | 2026-Q1 |
| SYON CAPITAL LLC added | 1,352,128 | $77M | 2.8% | 2026-Q1 |
| BAILARD, INC. trimmed | 1,234,606 | $70M | 2.6% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 1,180,899 | $67M | 2.5% | 2026-Q1 |
| LPL Financial LLC added | 1,147,593 | $65M | 2.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,021,059 | $58M | 2.1% | 2026-Q1 |
| Mariner, LLC added | 918,584 | $52M | 1.9% | 2026-Q1 |
| BlackRock, Inc. added | 882,814 | $50M | 1.8% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 681,794 | $39M | 1.4% | 2026-Q1 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new | 663,621 | $38M | 1.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 657,464 | $37M | 1.4% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 657,171 | $37M | 1.4% | 2026-Q1 |
| UBS Group AG trimmed | 531,875 | $30M | 1.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 471,638 | $27M | 1.0% | 2026-Q1 |
| Opes Wealth Management LLC added | 467,978 | $27M | 1.0% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 411,658 | $23M | 0.9% | 2026-Q1 |
| Focus Partners Wealth added | 404,359 | $23M | 0.8% | 2026-Q1 |
| Manhattan West Asset Management, LLC added | 397,775 | $23M | 0.8% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC added | 396,010 | $23M | 0.8% | 2026-Q1 |
| ASSETMARK, INC added | 391,733 | $22M | 0.8% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 366,339 | $21M | 0.8% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 368,508 | $21M | 0.8% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 358,790 | $20M | 0.7% | 2026-Q1 |
| FIRST FOUNDATION ADVISORS trimmed | 356,732 | $20M | 0.7% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 356,431 | $20M | 0.7% | 2026-Q1 |
| West Wealth Group, LLC added | 331,806 | $19M | 0.7% | 2026-Q1 |
| Cerity Partners LLC added | 331,070 | $19M | 0.7% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC added | 312,546 | $18M | 0.6% | 2026-Q1 |
| SEI INVESTMENTS CO added | 308,912 | $18M | 0.6% | 2026-Q1 |
| Affinity Capital Advisors, LLC added | 293,236 | $17M | 0.6% | 2026-Q1 |
| Orin Green Financial, LLC trimmed | 287,164 | $16M | 0.6% | 2026-Q1 |
| Slow Capital, Inc. trimmed | 278,292 | $16M | 0.6% | 2026-Q1 |
| Creative Planning added | 277,418 | $16M | 0.6% | 2026-Q1 |
| MYECFO, LLC added | 262,542 | $15M | 0.5% | 2026-Q1 |
| Rinkey Investments added | 258,963 | $15M | 0.5% | 2026-Q1 |
| RiverFront Investment Group, LLC added | 244,554 | $14M | 0.5% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 243,494 | $14M | 0.5% | 2026-Q1 |
| Betterment LLC added | 242,057 | $14M | 0.5% | 2026-Q1 |
| Apella Capital, LLC added | 212,510 | $12M | 0.4% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 206,115 | $12M | 0.4% | 2026-Q1 |
| Navalign, LLC added | 200,894 | $11M | 0.4% | 2026-Q1 |
| Atlas Legacy Advisors, LLC trimmed | 198,262 | $11M | 0.4% | 2026-Q1 |
| Brio Consultants, LLC trimmed | 197,127 | $11M | 0.4% | 2026-Q1 |
| Pure Financial Advisors, LLC added | 195,635 | $11M | 0.4% | 2026-Q1 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 192,029 | $11M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 172,581 | $10M | 0.4% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 162,761 | $9M | 0.3% | 2026-Q1 |
| Financial Connections Group, Inc. trimmed | 153,857 | $9M | 0.3% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 150,685 | $9M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 144,709 | $8M | 0.3% | 2026-Q1 |
| Wedmont Private Capital trimmed | 142,044 | $8M | 0.3% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 129,377 | $7M | 0.3% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 128,029 | $7M | 0.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 126,007 | $7M | 0.3% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 124,682 | $7M | 0.3% | 2026-Q1 |
| Garde Capital, Inc. trimmed | 118,101 | $7M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 113,692 | $6M | 0.2% | 2026-Q1 |
| CWM, LLC trimmed | 112,944 | $6M | 0.2% | 2026-Q1 |
| FIRST AMERICAN TRUST, FSB trimmed | 110,938 | $6M | 0.2% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added | 103,080 | $6M | 0.2% | 2026-Q1 |
| Stonehage Fleming Financial Services Holdings Ltd added | 102,100 | $6M | 0.2% | 2026-Q1 |
| Compound Planning, Inc. added | 99,861 | $6M | 0.2% | 2026-Q1 |
| THRYVE WEALTH MANAGEMENT LLC trimmed | 97,938 | $6M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ | 96,380 | $5M | 0.2% | 2026-Q1 |
| Fullerton Advisors, LLC added | 95,033 | $5M | 0.2% | 2026-Q1 |
| Client First Capital LLC | 92,578 | $5M | 0.2% | 2026-Q1 |
| NDWM LLC added | 90,580 | $5M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 90,384 | $5M | 0.2% | 2026-Q1 |
| Ducere Wealth Management LLC trimmed | 90,272 | $5M | 0.2% | 2026-Q1 |
| Freestone Capital Holdings, LLC added | 86,874 | $5M | 0.2% | 2026-Q1 |
| Ballast Rock Private Wealth LLC added | 84,568 | $5M | 0.2% | 2026-Q1 |
| Gerber Kawasaki Wealth & Investment Management added | 83,506 | $5M | 0.2% | 2026-Q1 |
| Columbia Bank added | 81,426 | $5M | 0.2% | 2026-Q1 |
| Valmark Advisers, Inc. added | 80,669 | $5M | 0.2% | 2026-Q1 |
| Elmwood Wealth Management, Inc. added | 77,916 | $4M | 0.2% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC added | 75,771 | $4M | 0.2% | 2026-Q1 |
| Integrated Advisors Network LLC added | 74,459 | $4M | 0.2% | 2026-Q1 |
| CHOREO, LLC trimmed | 73,534 | $4M | 0.2% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 70,850 | $4M | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 70,004 | $4M | 0.1% | 2026-Q1 |
| Sand Hill Global Advisors, LLC trimmed | 69,965 | $4M | 0.1% | 2026-Q1 |
| MISSION WEALTH MANAGEMENT, LP trimmed | 69,471 | $4M | 0.1% | 2026-Q1 |
| Westfuller Advisors, LLC added | 69,064 | $4M | 0.1% | 2026-Q1 |
| EHRLICH FINANCIAL GROUP trimmed | 68,533 | $4M | 0.1% | 2026-Q1 |
| SILVER OAK WEALTH ADVISORS SERVICES, LLC trimmed | 66,536 | $4M | 0.1% | 2026-Q1 |
| Summit Trail Advisors, LLC | 65,718 | $4M | 0.1% | 2026-Q1 |
| One Capital Management, LLC added | 62,540 | $4M | 0.1% | 2026-Q1 |
| Raub Brock Capital Management LP added | 412,617 | $23M | 0.8% | 2025-Q1 stale |
| Envestnet Portfolio Solutions, Inc. added | 359,418 | $21M | 0.8% | 2025-Q4 stale |
| AXXCESS WEALTH MANAGEMENT, LLC new | 195,887 | $11M | 0.4% | 2025-Q4 stale |
| Certus Wealth Management, LLC trimmed | 127,232 | $7M | 0.3% | 2025-Q3 stale |
| Strive Asset Management, LLC | 100,564 | $6M | 0.2% | 2025-Q3 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 80,438 | $4M | 0.2% | 2025-Q2 stale |
| AMARA FINANCIAL, LLC. trimmed | 79,260 | $4M | 0.2% | 2025-Q1 stale |
| COMERICA BANK added | 70,454 | $4M | 0.1% | 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.
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.