Who owns FDD (FDD)
Which tracked institutional funds hold FDD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FDD 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
38 tracked funds added or opened FDD while 16 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
FDD’s largest tracked holder by dollar value, MORGAN STANLEY, 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 FDD more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FDD 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 135 tracked filers holding FDD, 83 increased or opened the position and 48 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 FDD 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
- FLOW TRADERS U.S. LLC$3M
- Waverly Advisors, LLC$3M
- Murphy, Middleton, Hinkle & Parker, Inc.$2M
- CITADEL ADVISORS LLC$2M
- Independent Advisor Alliance$2M
- TCFG Investment Advisors, LLC$2M
Full exits 6
- ORG Partners LLC$5M
- Concorde Asset Management, LLC$3M
- FOREFRONT WEALTH MANAGEMENT INC.$3M
- COMERICA BANK$844K
- J2 Capital Management Inc$727K
- Global Assets Advisory, LLC$707K
Largest adds
- MANCHESTER FINANCIAL INC$10M
- MORGAN STANLEY$6M
- LPL Financial LLC$6M
- BANK OF AMERICA CORP /DE/$4M
- WELLS FARGO & COMPANY/MN$4M
- AMERIPRISE FINANCIAL INC$4M
Largest trims
- Sanctuary Advisors, LLC$4M
- Atria Investments, Inc$4M
- NewEdge Advisors, LLC$2M
- OSAIC HOLDINGS, INC.$1M
- Intellectus Partners, LLC$825K
- KINTRA WEALTH, LLC$534K
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 3,640,776 | $65M | 13.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,411,224 | $43M | 8.7% | 2026-Q1 |
| MANCHESTER FINANCIAL INC added | 1,966,746 | $35M | 7.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,716,880 | $31M | 6.2% | 2026-Q1 |
| UBS Group AG added | 1,471,715 | $26M | 5.3% | 2026-Q1 |
| LPL Financial LLC added | 1,412,568 | $25M | 5.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 1,344,728 | $24M | 4.8% | 2026-Q1 |
| ODonnell Financial Services, LLC added | 893,463 | $16M | 3.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 801,946 | $14M | 2.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 669,210 | $12M | 2.4% | 2026-Q1 |
| Intellectus Partners, LLC trimmed | 553,018 | $10M | 2.0% | 2026-Q1 |
| Prospera Financial Services Inc added | 552,730 | $10M | 2.0% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 391,380 | $7M | 1.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 372,123 | $7M | 1.3% | 2026-Q1 |
| IFP Advisors, Inc added | 368,685 | $7M | 1.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 347,893 | $6M | 1.3% | 2026-Q1 |
| Owen LaRue, LLC added | 247,248 | $4M | 0.9% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 246,647 | $4M | 0.9% | 2026-Q1 |
| Allie Family Office LLC added | 226,903 | $4M | 0.8% | 2026-Q1 |
| Warner Group LLC trimmed | 225,128 | $4M | 0.8% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 223,462 | $4M | 0.8% | 2026-Q1 |
| Atria Investments, Inc trimmed | 222,095 | $4M | 0.8% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 216,836 | $4M | 0.8% | 2026-Q1 |
| Equitable Holdings, Inc. trimmed | 218,099 | $4M | 0.8% | 2026-Q1 |
| FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. trimmed | 214,069 | $4M | 0.8% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 203,654 | $4M | 0.7% | 2026-Q1 |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 201,759 | $4M | 0.7% | 2026-Q1 |
| FLOW TRADERS U.S. LLC trimmed | 190,310 | $3M | 0.7% | 2026-Q1 |
| Next Level Private LLC trimmed | 185,549 | $3M | 0.7% | 2026-Q1 |
| Hobart Private Capital, LLC trimmed | 177,046 | $3M | 0.6% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 164,847 | $3M | 0.6% | 2026-Q1 |
| Cetera Investment Advisers added | 163,029 | $3M | 0.6% | 2026-Q1 |
| Waverly Advisors, LLC new | 152,477 | $3M | 0.5% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 149,520 | $3M | 0.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 147,656 | $3M | 0.5% | 2026-Q1 |
| Baird Financial Group, Inc. added | 146,194 | $3M | 0.5% | 2026-Q1 |
| Murphy, Middleton, Hinkle & Parker, Inc. added | 138,460 | $2M | 0.5% | 2026-Q1 |
| N.E.W. Advisory Services LLC added | 136,504 | $2M | 0.5% | 2026-Q1 |
| Ignite Planners, LLC added | 127,239 | $2M | 0.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 127,015 | $2M | 0.5% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 119,276 | $2M | 0.4% | 2026-Q1 |
| Independent Advisor Alliance new | 116,379 | $2M | 0.4% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 102,820 | $2M | 0.4% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 102,764 | $2M | 0.4% | 2026-Q1 |
| TCFG WEALTH MANAGEMENT, LLC added | 101,940 | $2M | 0.4% | 2026-Q1 |
| TCFG Investment Advisors, LLC new | 101,940 | $2M | 0.4% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 93,912 | $2M | 0.3% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 86,923 | $2M | 0.3% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 82,302 | $1M | 0.3% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 79,133 | $1M | 0.3% | 2026-Q1 |
| Foundations Investment Advisors, LLC new | 79,260 | $1M | 0.3% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 76,095 | $1M | 0.3% | 2026-Q1 |
| Navis Wealth Advisors, LLC trimmed | 72,651 | $1M | 0.3% | 2026-Q1 |
| Moors & Cabot, Inc. added | 59,745 | $1M | 0.2% | 2026-Q1 |
| BlueChip Wealth Advisors LLC added | 58,972 | $1M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP added | 55,900 | $996K | 0.2% | 2026-Q1 |
| Integrated Wealth Concepts LLC trimmed | 55,718 | $992K | 0.2% | 2026-Q1 |
| Wisconsin Wealth Advisors, LLC added | 55,534 | $989K | 0.2% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 54,969 | $979K | 0.2% | 2026-Q1 |
| Snowden Capital Advisors LLC added | 54,005 | $962K | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV new | 52,930 | $943K | 0.2% | 2026-Q1 |
| Private Advisory Group LLC trimmed | 52,768 | $940K | 0.2% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 48,137 | $857K | 0.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 46,143 | $829K | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 45,878 | $817K | 0.2% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. trimmed | 42,443 | $756K | 0.2% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 41,155 | $742K | 0.1% | 2026-Q1 |
| STEPHENS INC /AR/ added | 37,258 | $664K | 0.1% | 2026-Q1 |
| Elevated Capital Advisors, LLC trimmed | 36,716 | $654K | 0.1% | 2026-Q1 |
| COTTONWOOD CAPITAL ADVISORS, LLC trimmed | 33,115 | $590K | 0.1% | 2026-Q1 |
| Focus Partners Wealth | 32,651 | $582K | 0.1% | 2026-Q1 |
| Orion Porfolio Solutions, LLC added | 28,394 | $506K | 0.1% | 2026-Q1 |
| NewEdge Advisors, LLC added | 150,303 | $502K | 0.1% | 2026-Q1 |
| Topsail Wealth Management, LLC added | 27,428 | $488K | 0.1% | 2026-Q1 |
| Cullen/Frost Bankers, Inc. new | 25,850 | $460K | 0.1% | 2026-Q1 |
| WEDBUSH SECURITIES INC | 25,500 | $454K | 0.1% | 2026-Q1 |
| Balboa Wealth Partners added | 22,923 | $408K | 0.1% | 2026-Q1 |
| LEE JOHNSON CAPITAL MANAGEMENT, LLC trimmed | 22,753 | $405K | 0.1% | 2026-Q1 |
| HighPoint Advisor Group LLC new | 22,444 | $400K | 0.1% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 22,105 | $394K | 0.1% | 2026-Q1 |
| BENJAMIN EDWARDS INC trimmed | 21,481 | $383K | 0.1% | 2026-Q1 |
| RFG Advisory, LLC added | 20,783 | $370K | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 19,829 | $353K | 0.1% | 2026-Q1 |
| Berger Financial Group, Inc trimmed | 19,119 | $341K | 0.1% | 2026-Q1 |
| KINTRA WEALTH, LLC trimmed | 17,739 | $316K | 0.1% | 2026-Q1 |
| CALTON & ASSOCIATES, INC. added | 17,201 | $306K | 0.1% | 2026-Q1 |
| SMI Advisory Services, LLC new | 1,247,631 | $19M | 3.9% | 2025-Q2 stale |
| ORG Partners LLC added | 286,050 | $5M | 1.0% | 2025-Q4 stale |
| Concorde Asset Management, LLC added | 155,712 | $3M | 0.6% | 2025-Q4 stale |
| FOREFRONT WEALTH MANAGEMENT INC. trimmed | 155,060 | $3M | 0.5% | 2025-Q4 stale |
| INTEGRITY ALLIANCE, LLC. added | 55,188 | $891K | 0.2% | 2025-Q3 stale |
| COMERICA BANK added | 48,221 | $844K | 0.2% | 2025-Q4 stale |
| GTS SECURITIES LLC new | 47,081 | $760K | 0.2% | 2025-Q3 stale |
| J2 Capital Management Inc added | 41,523 | $727K | 0.1% | 2025-Q4 stale |
| Global Assets Advisory, LLC added | 40,400 | $707K | 0.1% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC trimmed | 47,160 | $640K | 0.1% | 2025-Q1 stale |
| Virtu Financial LLC added | 33,539 | $542K | 0.1% | 2025-Q3 stale |
| Coppell Advisory Solutions LLC trimmed | 24,398 | $428K | 0.1% | 2025-Q4 stale |
| Belpointe Asset Management LLC trimmed | 22,905 | $356K | 0.1% | 2025-Q2 stale |
| CreativeOne Wealth, LLC trimmed | 17,814 | $312K | 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.