Who owns FALN (FALN)
Which tracked institutional funds hold FALN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FALN 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
46 tracked funds added or opened FALN while 56 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
FALN’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% 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 FALN more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FALN 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 293 tracked filers holding FALN, 155 increased or opened the position and 130 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 FALN 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 10
- Annex Advisory Services, LLC$81M
- Strategic Financial Concepts, LLC$3M
- Independent Advisor Alliance$3M
- ATX Financial Planning, LLC$2M
- ASHTON THOMAS SECURITIES, LLC$2M
- LexAurum Advisors, LLC$790K
Full exits 16
- Varma Mutual Pension Insurance Co$55M
- TOEWS CORP /ADV$15M
- Independence Financial Advisors, LLC$13M
- Stratos Wealth Partners, LTD.$8M
- World Investment Advisors$4M
- CONTINUUM WEALTH ADVISORS, LLC$3M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$9M
- Cambridge Investment Research Advisors, Inc.$6M
- State of New Jersey Common Pension Fund D$4M
- COMMONWEALTH EQUITY SERVICES, LLC$3M
- OLD MISSION CAPITAL LLC$3M
- MORGAN STANLEY$3M
Largest trims
- State of Tennessee, Department of Treasury$39M
- JANE STREET GROUP, LLC$14M
- Thrivent Financial for Lutherans$8M
- Prepared Retirement Institute LLC$7M
- GOLDMAN SACHS GROUP INC$7M
- BlackRock, Inc.$6M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 7,519,795 | $201M | 15.0% | 2026-Q1 |
| Municipal Employees' Retirement System of Michigan | 3,657,064 | $98M | 7.3% | 2026-Q1 |
| MORGAN STANLEY added | 3,622,871 | $97M | 7.2% | 2026-Q1 |
| Annex Advisory Services, LLC new | 3,038,602 | $81M | 6.1% | 2026-Q1 |
| LPL Financial LLC trimmed | 2,328,235 | $62M | 4.6% | 2026-Q1 |
| Allworth Financial LP added | 1,389,487 | $37M | 2.8% | 2026-Q1 |
| Invesco Ltd. trimmed | 1,291,346 | $35M | 2.6% | 2026-Q1 |
| ESL Trust Services, LLC trimmed | 1,242,649 | $33M | 2.5% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 959,010 | $26M | 2.0% | 2026-Q1 |
| State of Tennessee, Department of Treasury trimmed | 926,000 | $25M | 1.8% | 2026-Q1 |
| BlackRock, Inc. trimmed | 712,523 | $19M | 1.4% | 2026-Q1 |
| Baker Avenue Asset Management, LP trimmed | 680,484 | $18M | 1.4% | 2026-Q1 |
| NOVEM GROUP added | 659,177 | $18M | 1.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 634,413 | $17M | 1.3% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT CO LTD added | 596,100 | $16M | 1.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 581,555 | $16M | 1.2% | 2026-Q1 |
| UBS Group AG trimmed | 532,107 | $14M | 1.1% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 525,443 | $14M | 1.0% | 2026-Q1 |
| State of New Jersey Common Pension Fund D added | 525,000 | $14M | 1.0% | 2026-Q1 |
| Creative Planning trimmed | 473,715 | $13M | 0.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 378,397 | $10M | 0.8% | 2026-Q1 |
| Breakwater Capital Group added | 359,635 | $10M | 0.7% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 353,749 | $9M | 0.7% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 332,516 | $9M | 0.7% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 316,837 | $8M | 0.6% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 297,689 | $8M | 0.6% | 2026-Q1 |
| ASHFORD CAPITAL MANAGEMENT INC added | 294,018 | $8M | 0.6% | 2026-Q1 |
| Scarborough Advisors, LLC added | 273,741 | $7M | 0.5% | 2026-Q1 |
| HF Advisory Group, LLC added | 268,800 | $7M | 0.5% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 259,997 | $7M | 0.5% | 2026-Q1 |
| CAPITAL WEALTH MANAGEMENT, LLC added | 243,797 | $7M | 0.5% | 2026-Q1 |
| Marex Group plc added | 239,710 | $6M | 0.5% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 221,612 | $6M | 0.4% | 2026-Q1 |
| FIRST CITIZENS BANK & TRUST CO added | 192,570 | $5M | 0.4% | 2026-Q1 |
| Insight Wealth Partners, LLC added | 184,138 | $5M | 0.4% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 179,502 | $5M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 171,504 | $5M | 0.3% | 2026-Q1 |
| Asset Allocation Strategies LLC trimmed | 171,094 | $5M | 0.3% | 2026-Q1 |
| TRUSTMARK BANK TRUST DEPARTMENT trimmed | 170,249 | $5M | 0.3% | 2026-Q1 |
| ASSETMARK, INC added | 167,214 | $4M | 0.3% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 162,810 | $4M | 0.3% | 2026-Q1 |
| Transamerica Financial Advisors, LLC trimmed | 160,740 | $4M | 0.3% | 2026-Q1 |
| Impact Partnership Wealth, LLC added | 156,997 | $4M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 150,432 | $4M | 0.3% | 2026-Q1 |
| Liberty Atlantic Advisors LLC added | 135,496 | $4M | 0.3% | 2026-Q1 |
| Ignite Planners, LLC added | 132,916 | $4M | 0.3% | 2026-Q1 |
| DIVERSIFY WEALTH MANAGEMENT, LLC trimmed | 129,431 | $4M | 0.3% | 2026-Q1 |
| KRAEMATON INVESTMENT ADVISORS, INC trimmed | 127,837 | $3M | 0.3% | 2026-Q1 |
| US BANCORP \DE\ added | 127,200 | $3M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 128,206 | $3M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 124,483 | $3M | 0.2% | 2026-Q1 |
| Allianz Asset Management GmbH | 124,200 | $3M | 0.2% | 2026-Q1 |
| Petix & Botte Co trimmed | 123,234 | $3M | 0.2% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. trimmed | 120,524 | $3M | 0.2% | 2026-Q1 |
| Glassy Mountain Advisors, Inc. added | 117,914 | $3M | 0.2% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 111,759 | $3M | 0.2% | 2026-Q1 |
| OneDigital Investment Advisors LLC trimmed | 109,580 | $3M | 0.2% | 2026-Q1 |
| Cornerstone Planning Group LLC trimmed | 104,094 | $3M | 0.2% | 2026-Q1 |
| MANNING & NAPIER ADVISORS LLC added | 101,560 | $3M | 0.2% | 2026-Q1 |
| Cerity Partners LLC added | 98,890 | $3M | 0.2% | 2026-Q1 |
| CWM, LLC trimmed | 98,545 | $3M | 0.2% | 2026-Q1 |
| Strategic Financial Concepts, LLC trimmed | 2,672 | $3M | 0.2% | 2026-Q1 |
| D L CARLSON INVESTMENT GROUP INC added | 97,837 | $3M | 0.2% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 97,342 | $3M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 95,320 | $3M | 0.2% | 2026-Q1 |
| NOVARE CAPITAL MANAGEMENT LLC added | 94,114 | $3M | 0.2% | 2026-Q1 |
| Addison Capital Co added | 94,081 | $3M | 0.2% | 2026-Q1 |
| &PARTNERS added | 94,015 | $3M | 0.2% | 2026-Q1 |
| Perigon Wealth Management, LLC added | 93,430 | $2M | 0.2% | 2026-Q1 |
| Parcion Private Wealth LLC added | 93,204 | $2M | 0.2% | 2026-Q1 |
| Proficio Capital Partners LLC added | 89,915 | $2M | 0.2% | 2026-Q1 |
| INTEGRITY WEALTH ADVISORS, INC. added | 88,396 | $2M | 0.2% | 2026-Q1 |
| Napier Financial, LLC trimmed | 85,683 | $2M | 0.2% | 2026-Q1 |
| Sequoia Financial Advisors, LLC trimmed | 84,852 | $2M | 0.2% | 2026-Q1 |
| Sherry Group, Inc. added | 80,027 | $2M | 0.2% | 2026-Q1 |
| Mount Lucas Management LP added | 79,636 | $2M | 0.2% | 2026-Q1 |
| Coastline Trust Co trimmed | 78,128 | $2M | 0.2% | 2026-Q1 |
| FORTE ASSET MANAGEMENT LLC trimmed | 78,000 | $2M | 0.2% | 2026-Q1 |
| Varma Mutual Pension Insurance Co | 2,000,000 | $55M | 4.1% | 2025-Q4 stale |
| Ocean Park Asset Management, LLC added | 1,133,100 | $31M | 2.3% | 2025-Q3 stale |
| Betterment LLC trimmed | 1,131,975 | $31M | 2.3% | 2025-Q3 stale |
| POTOMAC FUND MANAGEMENT INC /ADV added | 805,526 | $22M | 1.7% | 2025-Q3 stale |
| TOEWS CORP /ADV added | 566,900 | $15M | 1.2% | 2025-Q4 stale |
| Independence Financial Advisors, LLC added | 476,028 | $13M | 1.0% | 2025-Q4 stale |
| Angeles Investment Advisors, LLC trimmed | 366,000 | $10M | 0.7% | 2025-Q2 stale |
| Gimbal Financial new | 303,893 | $8M | 0.6% | 2025-Q3 stale |
| Stratos Wealth Partners, LTD. added | 283,665 | $8M | 0.6% | 2025-Q4 stale |
| COUNTRY TRUST BANK trimmed | 170,000 | $5M | 0.4% | 2025-Q3 stale |
| Quadrature Capital Ltd new | 163,947 | $4M | 0.3% | 2025-Q2 stale |
| World Investment Advisors trimmed | 151,183 | $4M | 0.3% | 2025-Q4 stale |
| SSI INVESTMENT MANAGEMENT LLC new | 153,651 | $4M | 0.3% | 2025-Q1 stale |
| DOHJ, LLC added | 149,008 | $4M | 0.3% | 2025-Q1 stale |
| Synergy Asset Management, LLC added | 139,716 | $4M | 0.3% | 2025-Q3 stale |
| Hershey Financial Advisers, LLC new | 138,261 | $4M | 0.3% | 2025-Q2 stale |
| GTS SECURITIES LLC new | 136,913 | $4M | 0.3% | 2025-Q1 stale |
| Martin Worley Group added | 132,404 | $4M | 0.3% | 2025-Q2 stale |
| CONTINUUM WEALTH ADVISORS, LLC trimmed | 126,914 | $3M | 0.3% | 2025-Q4 stale |
| IFG Advisory, LLC added | 89,639 | $2M | 0.2% | 2025-Q4 stale |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 84,531 | $2M | 0.2% | 2025-Q2 stale |
| US FINANCIAL ADVISORS, LLC added | 81,428 | $2M | 0.2% | 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.