Who owns FAAA
Which tracked institutional funds hold FAAA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FAAA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
7 tracked funds added or opened FAAA while 3 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
FAAA’s largest tracked holder by dollar value, Northland Capital Management LLC, sizes it at 6.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 6.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FAAA 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 15 tracked filers holding FAAA, 12 increased or opened the position and 5 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 FAAA 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 7
- Northland Capital Management LLC$12M
- Kestra Advisory Services, LLC$1M
- JANE STREET GROUP, LLC$933K
- Crumly & Associates Inc.$898K
- CHILDRESS CAPITAL ADVISORS, LLC$826K
- MML INVESTORS SERVICES, LLC$802K
Largest trims
- FMR LLC$11M
- COMMONWEALTH EQUITY SERVICES, LLC$451K
- ROYAL BANK OF CANADA$398K
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 |
|---|---|---|---|---|
| Northland Capital Management LLC new | 241,451 | $12M | 56.6% | 2026-Q2 |
| Kestra Advisory Services, LLC new | 23,684 | $1M | 5.6% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 20,153 | $1M | 4.7% | 2026-Q2 |
| JANE STREET GROUP, LLC new | 18,605 | $933K | 4.4% | 2026-Q2 |
| Crumly & Associates Inc. new | 17,903 | $898K | 4.2% | 2026-Q2 |
| CHILDRESS CAPITAL ADVISORS, LLC new | 16,477 | $826K | 3.9% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC new | 16,000 | $802K | 3.7% | 2026-Q2 |
| Ameritas Advisory Services, LLC new | 12,742 | $639K | 3.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 11,924 | $598K | 2.8% | 2026-Q2 |
| FMR LLC trimmed | 10,960 | $550K | 2.6% | 2026-Q2 |
| Presidio Capital Management, LLC new | 9,664 | $485K | 2.3% | 2026-Q2 |
| Castleview Partners, LLC new | 9,413 | $472K | 2.2% | 2026-Q2 |
| KOM Wealth Management Group, LLC new | 4,900 | $246K | 1.1% | 2026-Q2 |
| CONTRAVISORY INVESTMENT MANAGEMENT, INC. new | 1,390 | $70K | 0.3% | 2026-Q2 |
| Lodestone Wealth Management LLC new | 359 | $18K | 0.1% | 2026-Q2 |
| Sunbelt Securities, Inc. new | 6,070 | $303K | 1.4% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. new | 5,029 | $251K | 1.2% | 2026-Q1 stale (1 quarter behind) |
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.