Who owns FAF (FAF)
Which tracked institutional funds hold FAF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FAF 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
79 tracked funds added or opened FAF while 98 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
FAF’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes FAF more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FAF 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 434 tracked filers holding FAF, 210 increased or opened the position and 222 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 FAF 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 19
- VANGUARD PORTFOLIO MANAGEMENT LLC$314M
- VANGUARD CAPITAL MANAGEMENT LLC$265M
- Capital World Investors$113M
- Woodline Partners LP$48M
- VANGUARD FIDUCIARY TRUST CO$38M
- Bragg Financial Advisors, Inc$27M
Full exits 25
- VANGUARD GROUP INC$616M
- Polar Capital Holdings Plc$33M
- Qube Research & Technologies Ltd$29M
- Portolan Capital Management, LLC$20M
- Solel Partners LP$19M
- TWO SIGMA ADVISERS, LP$10M
Largest adds
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$64M
- FIL Ltd$49M
- AMERICAN CENTURY COMPANIES INC$43M
- FIRST TRUST ADVISORS LP$41M
- WELLINGTON MANAGEMENT GROUP LLP$26M
- ProShare Advisors LLC$24M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$518M
- Capital Research Global Investors$117M
- BlackRock, Inc.$46M
- AQR CAPITAL MANAGEMENT LLC$31M
- UBS Group AG$28M
- PERRY CREEK CAPITAL LP$27M
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 |
|---|---|---|---|---|
| FMR LLC trimmed | 9,133,036 | $551M | 8.7% | 2026-Q1 |
| BlackRock, Inc. trimmed | 8,569,624 | $517M | 8.2% | 2026-Q1 |
| Boston Partners trimmed | 5,749,224 | $346M | 5.5% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 5,215,995 | $314M | 5.0% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 4,636,464 | $280M | 4.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,390,390 | $265M | 4.2% | 2026-Q1 |
| ARIEL INVESTMENTS, LLC trimmed | 3,839,002 | $231M | 3.7% | 2026-Q1 |
| STATE STREET CORP added | 3,265,574 | $197M | 3.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 1,942,365 | $117M | 1.9% | 2026-Q1 |
| Capital World Investors new | 1,870,000 | $113M | 1.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,855,140 | $112M | 1.8% | 2026-Q1 |
| MORGAN STANLEY added | 1,684,466 | $102M | 1.6% | 2026-Q1 |
| Capital Research Global Investors trimmed | 1,545,825 | $93M | 1.5% | 2026-Q1 |
| REINHART PARTNERS, LLC. added | 1,524,700 | $92M | 1.5% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 1,520,425 | $92M | 1.5% | 2026-Q1 |
| Davis Asset Management, L.P. | 1,500,000 | $90M | 1.4% | 2026-Q1 |
| NORGES BANK added | 1,370,007 | $90M | 1.4% | 2026-Q1 |
| Channing Capital Management, LLC trimmed | 1,468,246 | $89M | 1.4% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 1,304,820 | $79M | 1.2% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,284,417 | $77M | 1.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,154,960 | $70M | 1.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 1,069,789 | $64M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 963,805 | $58M | 0.9% | 2026-Q1 |
| MANNING & NAPIER ADVISORS LLC trimmed | 953,168 | $57M | 0.9% | 2026-Q1 |
| Bank of New York Mellon Corp added | 899,197 | $54M | 0.9% | 2026-Q1 |
| FRONTIER CAPITAL MANAGEMENT CO LLC added | 880,804 | $53M | 0.8% | 2026-Q1 |
| FIL Ltd added | 860,770 | $52M | 0.8% | 2026-Q1 |
| Woodline Partners LP new | 792,133 | $48M | 0.8% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 743,622 | $45M | 0.7% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 699,720 | $42M | 0.7% | 2026-Q1 |
| HG Vora Capital Management, LLC | 675,000 | $41M | 0.6% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 660,201 | $40M | 0.6% | 2026-Q1 |
| LAKEWOOD CAPITAL MANAGEMENT, LP trimmed | 643,904 | $39M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 628,866 | $38M | 0.6% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 624,123 | $38M | 0.6% | 2026-Q1 |
| Quantinno Capital Management LP trimmed | 603,070 | $36M | 0.6% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 598,107 | $36M | 0.6% | 2026-Q1 |
| PERRY CREEK CAPITAL LP trimmed | 574,914 | $35M | 0.5% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 542,048 | $33M | 0.5% | 2026-Q1 |
| Bragg Financial Advisors, Inc new | 445,993 | $27M | 0.4% | 2026-Q1 |
| Avantyr Capital Partners, LP added | 414,766 | $25M | 0.4% | 2026-Q1 |
| ArrowMark Colorado Holdings LLC trimmed | 413,586 | $25M | 0.4% | 2026-Q1 |
| ProShare Advisors LLC added | 406,627 | $25M | 0.4% | 2026-Q1 |
| Invesco Ltd. trimmed | 403,719 | $24M | 0.4% | 2026-Q1 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC added | 391,650 | $24M | 0.4% | 2026-Q1 |
| CRAMER ROSENTHAL MCGLYNN LLC trimmed | 383,079 | $23M | 0.4% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 372,554 | $22M | 0.4% | 2026-Q1 |
| Fisher Asset Management, LLC trimmed | 371,430 | $22M | 0.4% | 2026-Q1 |
| FIRST AMERICAN TRUST, FSB added | 347,779 | $21M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 341,672 | $21M | 0.3% | 2026-Q1 |
| SNYDER CAPITAL MANAGEMENT L P trimmed | 337,590 | $20M | 0.3% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 336,559 | $20M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 330,657 | $20M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 328,357 | $20M | 0.3% | 2026-Q1 |
| DEPRINCE RACE & ZOLLO INC trimmed | 299,780 | $18M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 285,163 | $17M | 0.3% | 2026-Q1 |
| Squarepoint Ops LLC added | 281,727 | $17M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 276,417 | $17M | 0.3% | 2026-Q1 |
| ST GERMAIN D J CO INC added | 275,390 | $17M | 0.3% | 2026-Q1 |
| Private Capital Management, LLC trimmed | 264,468 | $16M | 0.3% | 2026-Q1 |
| Pictet Asset Management Holding SA trimmed | 263,255 | $16M | 0.3% | 2026-Q1 |
| LOOMIS SAYLES & CO L P trimmed | 253,602 | $15M | 0.2% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 237,313 | $14M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 235,196 | $14M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 227,459 | $14M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 213,058 | $13M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 201,700 | $12M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 189,385 | $11M | 0.2% | 2026-Q1 |
| Leeward Investments, LLC - MA trimmed | 187,547 | $11M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 186,572 | $11M | 0.2% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 185,748 | $11M | 0.2% | 2026-Q1 |
| Allianz Asset Management GmbH trimmed | 175,947 | $11M | 0.2% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 172,794 | $10M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 148,351 | $9M | 0.1% | 2026-Q1 |
| BAR HARBOR WEALTH MANAGEMENT added | 139,682 | $8M | 0.1% | 2026-Q1 |
| PhiloSmith Capital Corp | 133,550 | $8M | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 133,091 | $8M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 129,787 | $8M | 0.1% | 2026-Q1 |
| Annandale Capital, LLC added | 130,355 | $8M | 0.1% | 2026-Q1 |
| Waverly Advisors, LLC new | 128,000 | $8M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 127,200 | $8M | 0.1% | 2026-Q1 |
| Retirement Systems of Alabama added | 124,924 | $8M | 0.1% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC trimmed | 123,353 | $7M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 120,448 | $7M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 10,026,877 | $616M | 9.8% | 2025-Q4 stale |
| Capital International Investors added | 833,392 | $51M | 0.8% | 2025-Q2 stale |
| Polar Capital Holdings Plc trimmed | 540,000 | $33M | 0.5% | 2025-Q4 stale |
| Qube Research & Technologies Ltd added | 478,991 | $29M | 0.5% | 2025-Q4 stale |
| MACQUARIE GROUP LTD trimmed | 387,520 | $25M | 0.4% | 2025-Q3 stale |
| Portolan Capital Management, LLC new | 320,670 | $20M | 0.3% | 2025-Q4 stale |
| T. Rowe Price Investment Management, Inc. trimmed | 317,894 | $20M | 0.3% | 2025-Q2 stale |
| Solel Partners LP trimmed | 307,700 | $19M | 0.3% | 2025-Q4 stale |
| Aryeh Capital Management Ltd. added | 197,448 | $13M | 0.2% | 2025-Q3 stale |
| BANK OF NOVA SCOTIA added | 181,433 | $11M | 0.2% | 2025-Q2 stale |
| TWO SIGMA ADVISERS, LP trimmed | 169,200 | $10M | 0.2% | 2025-Q4 stale |
| Ceredex Value Advisors LLC trimmed | 168,950 | $10M | 0.2% | 2025-Q2 stale |
| First Eagle Investment Management, LLC trimmed | 126,175 | $8M | 0.1% | 2025-Q1 stale |
| FJ Capital Management LLC added | 118,691 | $8M | 0.1% | 2025-Q3 stale |
| AXA S.A. added | 116,158 | $8M | 0.1% | 2025-Q1 stale |
| Corebridge Financial, Inc. trimmed | 113,750 | $7M | 0.1% | 2025-Q1 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.