Who owns FDEC
Which tracked institutional funds hold FDEC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FDEC company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-26). 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
29 tracked funds added or opened FDEC while 23 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
FDEC’s largest tracked holder by dollar value, Griffith & Werner, Inc., sizes it at 12.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 12.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FDEC 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 140 tracked filers holding FDEC, 44 increased or opened the position and 85 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 FDEC 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 4
- Schulz Wealth, LTD.$8M
- SACKS & ASSOCIATES, LLC$1M
- JPMORGAN CHASE & CO$582K
- FIDUCIARY FINANCIAL ADVISORS$512K
Full exits 14
- CWM, LLC$17M
- Atria Investments, Inc$8M
- Janney Montgomery Scott LLC$6M
- Cambridge Investment Research Advisors, Inc.$5M
- BAM Wealth Management, LLC$5M
- HighTower Advisors, LLC$2M
Largest adds
- OSAIC HOLDINGS, INC.$3M
- Griffith & Werner, Inc.$3M
- ASSETMARK, INC$2M
- LPL Financial LLC$2M
- NewEdge Advisors, LLC$2M
- OLD MISSION CAPITAL LLC$2M
Largest trims
- ENVESTNET ASSET MANAGEMENT INC$13M
- Cetera Investment Advisers$7M
- CreativeOne Wealth, LLC$3M
- VestGen Advisors, LLC$1M
- Kestra Advisory Services, LLC$973K
- Strategic Blueprint, LLC$943K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Griffith & Werner, Inc. added | 497,699 | $27M | 9.7% | 2026-Q2 |
| ASSETMARK, INC added | 301,959 | $16M | 5.9% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 299,884 | $16M | 5.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 269,816 | $15M | 5.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 258,435 | $14M | 5.0% | 2026-Q2 |
| LPL Financial LLC added | 232,256 | $13M | 4.5% | 2026-Q2 |
| MGO ONE SEVEN LLC trimmed | 216,414 | $12M | 4.2% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 200,853 | $11M | 3.9% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 171,406 | $9M | 3.3% | 2026-Q2 |
| Schulz Wealth, LTD. trimmed | 148,313 | $8M | 2.9% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 136,122 | $7M | 2.7% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 105,623 | $6M | 2.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 88,430 | $5M | 1.7% | 2026-Q2 |
| Faithward Advisors, LLC trimmed | 85,166 | $5M | 1.7% | 2026-Q2 |
| LEIGH BALDWIN & CO., LLC added | 85,055 | $5M | 1.7% | 2026-Q2 |
| NOVEM GROUP added | 82,353 | $4M | 1.6% | 2026-Q2 |
| REAP Financial Group, LLC added | 81,647 | $4M | 1.6% | 2026-Q2 |
| Harvest Investment Services, LLC added | 81,004 | $4M | 1.6% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 76,316 | $4M | 1.5% | 2026-Q2 |
| Arkadios Wealth Advisors trimmed | 75,649 | $4M | 1.5% | 2026-Q2 |
| STEPHENS INC /AR/ trimmed | 74,396 | $4M | 1.5% | 2026-Q2 |
| Crusonia Wealth Advisors LLC trimmed | 73,543 | $4M | 1.4% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 72,154 | $4M | 1.4% | 2026-Q2 |
| NovaPoint Capital, LLC trimmed | 67,509 | $4M | 1.3% | 2026-Q2 |
| Keystone Wealth Services, LLC trimmed | 59,007 | $3M | 1.2% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 46,115 | $3M | 0.9% | 2026-Q2 |
| Ignite Planners, LLC added | 44,966 | $2M | 0.9% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 41,339 | $2M | 0.8% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 38,782 | $2M | 0.8% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 35,953 | $2M | 0.7% | 2026-Q2 |
| Integrity Financial Corp /WA trimmed | 35,940 | $2M | 0.7% | 2026-Q2 |
| NewEdge Advisors, LLC | 35,611 | $2M | 0.7% | 2026-Q2 |
| McKinley Carter Wealth Services, Inc. | 34,931 | $2M | 0.7% | 2026-Q2 |
| FWG Investments, LLC. trimmed | 34,394 | $2M | 0.7% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 33,987 | $2M | 0.7% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 33,455 | $2M | 0.7% | 2026-Q2 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 33,133 | $2M | 0.6% | 2026-Q2 |
| 1776 Wealth LLC | 31,969 | $2M | 0.6% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 31,773 | $2M | 0.6% | 2026-Q2 |
| RFG Advisory, LLC added | 29,376 | $2M | 0.6% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 26,057 | $1M | 0.5% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 25,871 | $1M | 0.5% | 2026-Q2 |
| Tanglewood Legacy Advisors, LLC trimmed | 25,486 | $1M | 0.5% | 2026-Q2 |
| Bison Wealth, LLC | 24,320 | $1M | 0.5% | 2026-Q2 |
| COMPASS CAPITAL CORP /MA/ /ADV added | 24,195 | $1M | 0.5% | 2026-Q2 |
| Foundations Investment Advisors, LLC trimmed | 23,267 | $1M | 0.5% | 2026-Q2 |
| Mariner, LLC trimmed | 21,752 | $1M | 0.4% | 2026-Q2 |
| KINGSWOOD WEALTH ADVISORS, LLC | 20,758 | $1M | 0.4% | 2026-Q2 |
| Grantvest Financial Group LLC trimmed | 19,449 | $1M | 0.4% | 2026-Q2 |
| SACKS & ASSOCIATES, LLC new | 18,994 | $1M | 0.4% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 18,858 | $1M | 0.4% | 2026-Q2 |
| Valtinson Bruner Financial Planning LLC trimmed | 18,568 | $1M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 18,241 | $994K | 0.4% | 2026-Q2 |
| OPPENHEIMER & CO INC trimmed | 17,677 | $963K | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 17,070 | $937K | 0.3% | 2026-Q2 |
| LBMC INVESTMENT ADVISORS, LLC | 16,748 | $912K | 0.3% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 16,005 | $872K | 0.3% | 2026-Q2 |
| DHJJ Financial Advisors, Ltd. trimmed | 16,001 | $872K | 0.3% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 15,736 | $857K | 0.3% | 2026-Q2 |
| FSB PREMIER WEALTH MANAGEMENT, INC. trimmed | 15,423 | $840K | 0.3% | 2026-Q2 |
| CoreCap Advisors, LLC added | 14,593 | $795K | 0.3% | 2026-Q2 |
| CreativeOne Wealth, LLC trimmed | 14,439 | $786K | 0.3% | 2026-Q2 |
| TFB Advisors LLC added | 12,609 | $687K | 0.2% | 2026-Q2 |
| Prospera Financial Services Inc trimmed | 12,143 | $661K | 0.2% | 2026-Q2 |
| Snowden Capital Advisors LLC | 11,419 | $622K | 0.2% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 11,138 | $607K | 0.2% | 2026-Q2 |
| Clear Creek Financial Management, LLC | 10,741 | $585K | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 10,732 | $582K | 0.2% | 2026-Q2 |
| Nicholson Wealth Management Group, LLC | 10,609 | $578K | 0.2% | 2026-Q2 |
| Mutual Advisors, LLC | 10,545 | $574K | 0.2% | 2026-Q2 |
| Keating Financial Advisory Services, Inc. trimmed | 10,483 | $571K | 0.2% | 2026-Q2 |
| IFP Advisors, Inc | 10,118 | $551K | 0.2% | 2026-Q2 |
| Pitti Group Wealth Management, LLC | 9,718 | $529K | 0.2% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 9,398 | $512K | 0.2% | 2026-Q2 |
| Apollon Wealth Management, LLC added | 9,131 | $497K | 0.2% | 2026-Q2 |
| Strategic Blueprint, LLC trimmed | 8,970 | $489K | 0.2% | 2026-Q2 |
| BECK CAPITAL MANAGEMENT, LLC new | 8,901 | $485K | 0.2% | 2026-Q2 |
| COLTON GROOME FINANCIAL ADVISORS, LLC new | 8,669 | $472K | 0.2% | 2026-Q2 |
| SWMG, LLC | 8,188 | $448K | 0.2% | 2026-Q2 |
| LEGACY SOLUTIONS, LLC | 8,145 | $444K | 0.2% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC | 7,902 | $430K | 0.2% | 2026-Q2 |
| Share Andrew L. | 7,650 | $417K | 0.1% | 2026-Q2 |
| Chris Bulman Inc | 7,509 | $409K | 0.1% | 2026-Q2 |
| Savvy Advisors, Inc. added | 7,496 | $408K | 0.1% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 7,493 | $408K | 0.1% | 2026-Q2 |
| KINTRA WEALTH, LLC trimmed | 7,297 | $407K | 0.1% | 2026-Q2 |
| Sigma Planning Corp trimmed | 7,152 | $390K | 0.1% | 2026-Q2 |
| Main Street Financial Solutions, LLC trimmed | 7,066 | $385K | 0.1% | 2026-Q2 |
| SOA Wealth Advisors, LLC. trimmed | 7,017 | $382K | 0.1% | 2026-Q2 |
| SILVER OAK SECURITIES, INCORPORATED | 6,825 | $372K | 0.1% | 2026-Q2 |
| Sowell Financial Services LLC trimmed | 6,590 | $359K | 0.1% | 2026-Q2 |
| Concurrent Investment Advisors, LLC trimmed | 6,553 | $357K | 0.1% | 2026-Q2 |
| Financial Network Wealth Advisors LLC | 5,900 | $321K | 0.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC | 5,875 | $320K | 0.1% | 2026-Q2 |
| World Investment Advisors added | 5,622 | $306K | 0.1% | 2026-Q2 |
| Signal Advisors Wealth, LLC trimmed | 5,604 | $305K | 0.1% | 2026-Q2 |
| Brookstone Capital Management trimmed | 5,530 | $301K | 0.1% | 2026-Q2 |
| Fragasso Financial Advisors Inc trimmed | 5,406 | $294K | 0.1% | 2026-Q2 |
| Buck Wealth Strategies, LLC | 5,230 | $285K | 0.1% | 2026-Q2 |
| Avidian Wealth Enterprises, LLC | 5,188 | $283K | 0.1% | 2026-Q2 |
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.