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Institutional Ownership · SEC Form 13F

Who owns ERO (ERO)


Which tracked institutional funds hold ERO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ERO 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.

188
Institutional holders
68,738,845
Shares held (tracked funds)

How the tape is positioned

83 tracked funds added or opened ERO while 45 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

ERO’s largest tracked holder by dollar value, FIL Ltd, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in ERO 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 188 tracked filers holding ERO, 132 increased or opened the position and 71 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 ERO 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 36

  • VANGUARD CAPITAL MANAGEMENT LLC$73M
  • VANGUARD FIDUCIARY TRUST CO$22M
  • Vanguard Global Advisers, LLC$8M
  • MASSACHUSETTS FINANCIAL SERVICES CO /MA/$8M
  • Gemmer Asset Management LLC$5M
  • NEUBERGER BERMAN GROUP LLC$4M

Full exits 16

  • VANGUARD GROUP INC$49M
  • MONTRUSCO BOLTON INVESTMENTS INC.$14M
  • TWO SIGMA ADVISERS, LP$3M
  • Orion Resource Partners LP$3M
  • J. Safra Sarasin Holding AG$2M
  • Canoe Financial LP$2M

Largest adds

  • Invesco Ltd.$48M
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$28M
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$25M
  • TWO SIGMA INVESTMENTS, LP$18M
  • SG Americas Securities, LLC$16M
  • GOLDMAN SACHS GROUP INC$15M

Largest trims

  • PRICE T ROWE ASSOCIATES INC /MD/$110M
  • FMR LLC$82M
  • FIL Ltd$51M
  • GMT Capital Corp$30M
  • Hillsdale Investment Management Inc.$29M
  • SPROTT INC.$13M

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
FIL Ltd trimmed10,466,217$279M14.8%2026-Q1
FMR LLC trimmed9,564,127$255M13.5%2026-Q1
Invesco Ltd. added4,809,375$128M6.8%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added4,345,630$115M6.1%2026-Q1
GMT Capital Corp trimmed3,653,454$97M5.1%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new2,748,979$73M3.9%2026-Q1
Cape Ann Asset Management Ltd added1,949,128$52M2.8%2026-Q1
JENNISON ASSOCIATES LLC trimmed1,647,950$44M2.3%2026-Q1
FRONTIER CAPITAL MANAGEMENT CO LLC added1,250,947$33M1.8%2026-Q1
Kapitalo Investimentos Ltda1,076,696$29M1.5%2026-Q1
MORGAN STANLEY trimmed1,050,608$28M1.5%2026-Q1
Impala Asset Management LLC added1,027,956$27M1.5%2026-Q1
BANK OF MONTREAL /CAN/ added1,002,392$27M1.4%2026-Q1
DIMENSIONAL FUND ADVISORS LP added986,385$26M1.4%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added974,932$26M1.4%2026-Q1
TWO SIGMA INVESTMENTS, LP added931,883$25M1.3%2026-Q1
AMERICAN CENTURY COMPANIES INC added918,243$24M1.3%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed911,510$24M1.3%2026-Q1
GOLDMAN SACHS GROUP INC added853,162$23M1.2%2026-Q1
VANGUARD FIDUCIARY TRUST CO new833,434$22M1.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed762,698$20M1.1%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE added722,853$19M1.0%2026-Q1
Hillsdale Investment Management Inc. trimmed694,080$18M1.0%2026-Q1
Allianz Asset Management GmbH added636,049$17M0.9%2026-Q1
SG Americas Securities, LLC added599,878$16M0.8%2026-Q1
Artemis Investment Management LLP added580,639$15M0.8%2026-Q1
Temasek Holdings (Private) Ltd added579,162$15M0.8%2026-Q1
Amundi added519,497$14M0.7%2026-Q1
JPMORGAN CHASE & CO added528,699$13M0.7%2026-Q1
TORONTO DOMINION BANK added451,779$12M0.6%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added420,876$11M0.6%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed395,528$11M0.6%2026-Q1
TD Asset Management Inc added369,513$10M0.5%2026-Q1
SPROTT INC. trimmed364,273$10M0.5%2026-Q1
ROYAL BANK OF CANADA added354,638$9M0.5%2026-Q1
1832 Asset Management L.P. added350,000$9M0.5%2026-Q1
Bridgewater Associates, LP added342,455$9M0.5%2026-Q1
UBS Group AG added300,734$8M0.4%2026-Q1
Vanguard Global Advisers, LLC new299,495$8M0.4%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed216,967$8M0.4%2026-Q1
Point72 Asset Management, L.P. added288,696$8M0.4%2026-Q1
Tidal Investments LLC added196,552$7M0.4%2026-Q1
CANADA LIFE ASSURANCE Co added265,362$7M0.4%2026-Q1
JANE STREET GROUP, LLC added261,963$7M0.4%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added259,571$7M0.4%2026-Q1
MAC Alpha Capital Management, LP trimmed230,968$6M0.3%2026-Q1
CITADEL ADVISORS LLC added216,952$6M0.3%2026-Q1
PCJ Investment Counsel Ltd. added211,859$6M0.3%2026-Q1
BARCLAYS PLC added209,952$6M0.3%2026-Q1
Swiss National Bank194,900$5M0.3%2026-Q1
LPL Financial LLC trimmed187,755$5M0.3%2026-Q1
Man Group plc added181,842$5M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added181,006$5M0.3%2026-Q1
NATIONAL BANK OF CANADA /FI/ trimmed181,028$5M0.3%2026-Q1
Gemmer Asset Management LLC new179,577$5M0.3%2026-Q1
BlackRock, Inc. trimmed166,288$4M0.2%2026-Q1
Massar Capital Management, LP added164,131$4M0.2%2026-Q1
NEUBERGER BERMAN GROUP LLC trimmed163,920$4M0.2%2026-Q1
Qube Research & Technologies Ltd added127,816$3M0.2%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added125,600$3M0.2%2026-Q1
SCOTIA CAPITAL INC. trimmed125,519$3M0.2%2026-Q1
Nuveen, LLC added122,484$3M0.2%2026-Q1
PINEBRIDGE INVESTMENTS LLC new85,567$3M0.2%2026-Q1
ALPS ADVISORS INC added118,406$3M0.2%2026-Q1
MARSHALL WACE, LLP trimmed113,619$3M0.2%2026-Q1
MACKENZIE FINANCIAL CORP added107,072$3M0.2%2026-Q1
LAZARD ASSET MANAGEMENT LLC added106,684$3M0.2%2026-Q1
ExodusPoint Capital Management, LP added101,060$3M0.1%2026-Q1
Moody Aldrich Partners LLC new98,951$3M0.1%2026-Q1
CIBC Asset Management Inc added98,798$3M0.1%2026-Q1
FRANKLIN RESOURCES INC trimmed97,352$3M0.1%2026-Q1
Legal & General Group Plc trimmed91,910$2M0.1%2026-Q1
VAN ECK ASSOCIATES CORP trimmed90,473$2M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added89,439$2M0.1%2026-Q1
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added89,078$2M0.1%2026-Q1
CastleKnight Management LP85,000$2M0.1%2026-Q1
CREDIT AGRICOLE S A added84,578$2M0.1%2026-Q1
Aberdeen Group plc new81,001$2M0.1%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new80,373$2M0.1%2026-Q1
WINCAP FINANCIAL LLC added76,351$2M0.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added72,232$2M0.1%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed70,214$2M0.1%2026-Q1
POLEN CAPITAL MANAGEMENT LLC added70,159$2M0.1%2026-Q1
PICTON MAHONEY ASSET MANAGEMENT trimmed67,730$2M0.1%2026-Q1
Militia Capital Management LLC new62,582$2M0.1%2026-Q1
Foundations Investment Advisors, LLC new55,212$1M0.1%2026-Q1
Walser Wealth Management Company, A Ltd Liability Co new55,103$1M0.1%2026-Q1
VANGUARD GROUP INC added1,730,521$49M2.6%2025-Q4 stale
MONTRUSCO BOLTON INVESTMENTS INC. trimmed509,963$14M0.8%2025-Q4 stale
683 Capital Management, LLC trimmed600,000$12M0.6%2025-Q3 stale
Lighthouse Investment Partners, LLC added252,733$5M0.3%2025-Q3 stale
TWO SIGMA ADVISERS, LP added106,100$3M0.2%2025-Q4 stale
DECADE RENEWABLE PARTNERS LP trimmed160,900$3M0.1%2025-Q2 stale
Orion Resource Partners LP trimmed94,874$3M0.1%2025-Q4 stale
GSA CAPITAL PARTNERS LLP117,874$2M0.1%2025-Q3 stale
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added132,557$2M0.1%2025-Q2 stale
J. Safra Sarasin Holding AG added66,336$2M0.1%2025-Q4 stale
Canoe Financial LP added64,358$2M0.1%2025-Q4 stale
Boston Partners trimmed82,968$2M0.1%2025-Q3 stale
SUSQUEHANNA ADVISORS GROUP, INC. added55,286$2M0.1%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