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-Q1 13F filings (latest filed 2026-05-20). 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
18 tracked funds added or opened FDEC 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
FDEC’s largest tracked holder by dollar value, Grant Private Wealth Management Inc, sizes it at 15.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 14.9pp 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 2025-Q4 and 2026-Q1, across 152 tracked filers holding FDEC, 61 increased or opened the position and 66 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 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 5
- NATIONAL BANK OF CANADA /FI/$6M
- Keystone Wealth Services, LLC$3M
- COMPASS CAPITAL CORP /MA/ /ADV$1M
- CITADEL ADVISORS LLC$845K
- Oakmont Advisory Group, LLC$745K
Full exits 1
- Schulz Wealth, LTD.$8M
Largest adds
- LEIGH BALDWIN & CO., LLC$3M
- Rockefeller Capital Management L.P.$2M
- Faithward Advisors, LLC$1M
- VestGen Advisors, LLC$1M
- ASSETMARK, INC$981K
- ENVESTNET ASSET MANAGEMENT INC$970K
Largest trims
- Griffith & Werner, Inc.$9M
- RAYMOND JAMES FINANCIAL INC$8M
- STEPHENS INC /AR/$3M
- CWM, LLC$2M
- LPL Financial LLC$2M
- NewEdge Advisors, LLC$2M
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 |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC added | 555,488 | $28M | 7.5% | 2026-Q1 |
| Griffith & Werner, Inc. trimmed | 486,440 | $24M | 6.6% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 359,028 | $18M | 4.9% | 2026-Q1 |
| CWM, LLC trimmed | 332,868 | $17M | 4.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 309,513 | $15M | 4.2% | 2026-Q1 |
| ASSETMARK, INC added | 281,963 | $14M | 3.8% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 276,446 | $14M | 3.7% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 216,770 | $11M | 2.9% | 2026-Q1 |
| LPL Financial LLC trimmed | 211,150 | $10M | 2.9% | 2026-Q1 |
| Atria Investments, Inc added | 154,518 | $8M | 2.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 135,271 | $7M | 1.8% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 127,606 | $6M | 1.7% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ new | 127,221 | $6M | 1.7% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 117,267 | $6M | 1.6% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 107,936 | $5M | 1.5% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 98,466 | $5M | 1.3% | 2026-Q1 |
| BAM Wealth Management, LLC trimmed | 90,718 | $5M | 1.2% | 2026-Q1 |
| Faithward Advisors, LLC added | 85,610 | $4M | 1.2% | 2026-Q1 |
| REAP Financial Group, LLC trimmed | 81,572 | $4M | 1.1% | 2026-Q1 |
| NOVEM GROUP added | 80,895 | $4M | 1.1% | 2026-Q1 |
| NovaPoint Capital, LLC trimmed | 80,750 | $4M | 1.1% | 2026-Q1 |
| Harvest Investment Services, LLC added | 79,643 | $4M | 1.1% | 2026-Q1 |
| Arkadios Wealth Advisors added | 79,367 | $4M | 1.1% | 2026-Q1 |
| STEPHENS INC /AR/ trimmed | 75,225 | $4M | 1.0% | 2026-Q1 |
| LEIGH BALDWIN & CO., LLC added | 73,885 | $4M | 1.0% | 2026-Q1 |
| Crusonia Wealth Advisors LLC | 73,688 | $4M | 1.0% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 73,005 | $4M | 1.0% | 2026-Q1 |
| CreativeOne Wealth, LLC trimmed | 72,073 | $4M | 1.0% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 67,486 | $3M | 0.9% | 2026-Q1 |
| Keystone Wealth Services, LLC trimmed | 62,327 | $3M | 0.8% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 48,112 | $2M | 0.7% | 2026-Q1 |
| Ignite Planners, LLC trimmed | 44,590 | $2M | 0.6% | 2026-Q1 |
| Integrity Financial Corp /WA added | 38,467 | $2M | 0.5% | 2026-Q1 |
| HighTower Advisors, LLC added | 36,517 | $2M | 0.5% | 2026-Q1 |
| FWG Investments, LLC. added | 35,431 | $2M | 0.5% | 2026-Q1 |
| McKinley Carter Wealth Services, Inc. | 34,931 | $2M | 0.5% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 34,694 | $2M | 0.5% | 2026-Q1 |
| FOUNDERS FINANCIAL SECURITIES LLC added | 31,582 | $2M | 0.4% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 32,337 | $2M | 0.4% | 2026-Q1 |
| 1776 Wealth LLC | 31,969 | $2M | 0.4% | 2026-Q1 |
| Tanglewood Legacy Advisors, LLC trimmed | 28,958 | $1M | 0.4% | 2026-Q1 |
| Strategic Blueprint, LLC added | 28,789 | $1M | 0.4% | 2026-Q1 |
| Sanctuary Advisors, LLC | 27,323 | $1M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 27,271 | $1M | 0.4% | 2026-Q1 |
| RFG Advisory, LLC added | 26,629 | $1M | 0.4% | 2026-Q1 |
| VestGen Advisors, LLC added | 24,554 | $1M | 0.4% | 2026-Q1 |
| Bison Wealth, LLC | 24,320 | $1M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 26,160 | $1M | 0.4% | 2026-Q1 |
| COMPASS CAPITAL CORP /MA/ /ADV new | 23,227 | $1M | 0.3% | 2026-Q1 |
| Foundations Investment Advisors, LLC trimmed | 23,587 | $1M | 0.3% | 2026-Q1 |
| Mariner, LLC trimmed | 22,604 | $1M | 0.3% | 2026-Q1 |
| Valtinson Bruner Financial Planning LLC trimmed | 21,783 | $1M | 0.3% | 2026-Q1 |
| KINGSWOOD WEALTH ADVISORS, LLC added | 20,758 | $1M | 0.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 20,372 | $1M | 0.3% | 2026-Q1 |
| Grantvest Financial Group LLC trimmed | 20,195 | $1M | 0.3% | 2026-Q1 |
| OPPENHEIMER & CO INC trimmed | 19,689 | $979K | 0.3% | 2026-Q1 |
| Signal Advisors Wealth, LLC added | 19,307 | $960K | 0.3% | 2026-Q1 |
| Catalina Capital Group, LLC added | 19,061 | $948K | 0.3% | 2026-Q1 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC added | 18,858 | $938K | 0.3% | 2026-Q1 |
| VestGen Investment Management trimmed | 18,757 | $933K | 0.3% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 18,606 | $925K | 0.3% | 2026-Q1 |
| Gallagher Fiduciary Advisors, LLC trimmed | 17,995 | $895K | 0.2% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 17,460 | $868K | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 16,993 | $845K | 0.2% | 2026-Q1 |
| LBMC INVESTMENT ADVISORS, LLC | 16,748 | $833K | 0.2% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. trimmed | 16,034 | $797K | 0.2% | 2026-Q1 |
| FSB PREMIER WEALTH MANAGEMENT, INC. trimmed | 15,521 | $772K | 0.2% | 2026-Q1 |
| Oakmont Advisory Group, LLC new | 14,974 | $745K | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC | 14,600 | $726K | 0.2% | 2026-Q1 |
| CoreCap Advisors, LLC trimmed | 14,181 | $705K | 0.2% | 2026-Q1 |
| Brookstone Capital Management trimmed | 13,593 | $676K | 0.2% | 2026-Q1 |
| Ameritas Advisory Services, LLC added | 13,386 | $666K | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 13,155 | $654K | 0.2% | 2026-Q1 |
| CENTAURUS FINANCIAL, INC. trimmed | 12,558 | $624K | 0.2% | 2026-Q1 |
| Prospera Financial Services Inc trimmed | 12,207 | $607K | 0.2% | 2026-Q1 |
| WORLD EQUITY GROUP, INC. trimmed | 11,932 | $593K | 0.2% | 2026-Q1 |
| Snowden Capital Advisors LLC added | 11,419 | $568K | 0.2% | 2026-Q1 |
| Clear Creek Financial Management, LLC | 10,741 | $534K | 0.1% | 2026-Q1 |
| Nicholson Wealth Management Group, LLC | 10,609 | $527K | 0.1% | 2026-Q1 |
| Mutual Advisors, LLC added | 10,545 | $524K | 0.1% | 2026-Q1 |
| Keating Financial Advisory Services, Inc. added | 10,544 | $524K | 0.1% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC added | 10,508 | $522K | 0.1% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 10,118 | $503K | 0.1% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 10,093 | $502K | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 9,883 | $495K | 0.1% | 2026-Q1 |
| Pitti Group Wealth Management, LLC trimmed | 9,718 | $483K | 0.1% | 2026-Q1 |
| ARBOR CAPITAL MANAGEMENT INC /ADV trimmed | 9,073 | $459K | 0.1% | 2026-Q1 |
| Sunbelt Securities, Inc. added | 8,911 | $443K | 0.1% | 2026-Q1 |
| TFB Advisors LLC trimmed | 8,378 | $417K | 0.1% | 2026-Q1 |
| WEDBUSH SECURITIES INC added | 8,355 | $415K | 0.1% | 2026-Q1 |
| Sigma Planning Corp | 8,252 | $410K | 0.1% | 2026-Q1 |
| Grant Private Wealth Management Inc new | 604,354 | $28M | 7.7% | 2025-Q2 stale |
| Bouchey Financial Group Ltd added | 343,670 | $15M | 4.1% | 2025-Q1 stale |
| Schulz Wealth, LTD. trimmed | 148,314 | $8M | 2.1% | 2025-Q4 stale |
| Heck Capital Advisors, LLC trimmed | 113,726 | $5M | 1.3% | 2025-Q1 stale |
| Bullseye Investment Management, LLC | 25,367 | $1M | 0.3% | 2025-Q3 stale |
| BlueChip Wealth Advisors LLC added | 20,000 | $933K | 0.3% | 2025-Q2 stale |
| TOWNSQUARE CAPITAL LLC added | 11,136 | $483K | 0.1% | 2025-Q1 stale |
| Summit Financial Wealth Advisors, LLC | 8,952 | $442K | 0.1% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. added | 10,096 | $438K | 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.