Who owns FDEM
Which tracked institutional funds hold FDEM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FDEM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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
The tracked-fund tape on FDEM is one-sided between 2026-Q1 and 2026-Q2: 31 added or opened and 8 trimmed or exited — on balance accumulating.
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
FDEM’s largest tracked holder by dollar value, McAdam, LLC, sizes it at 3.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FDEM 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 80 tracked filers holding FDEM, 42 increased or opened the position and 37 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 FDEM 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 2
- Landing Point Financial Group, LLC$7M
- Vise Technologies, Inc.$3M
Full exits 6
- Sunbelt Securities, Inc.$6M
- Wayfinding Financial, LLC$3M
- Cambridge Investment Research Advisors, Inc.$3M
- RFG Advisory, LLC$2M
- HRT FINANCIAL LP$628K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$537K
Largest adds
- McAdam, LLC$55M
- Storgate, LLC$19M
- OSAIC HOLDINGS, INC.$10M
- NewEdge Advisors, LLC$5M
- Advyzon Investment Management, LLC$3M
- RAYMOND JAMES FINANCIAL INC$2M
Largest trims
- JANE STREET GROUP, LLC$15M
- OLD MISSION CAPITAL 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 |
|---|---|---|---|---|
| McAdam, LLC added | 2,247,221 | $82M | 20.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 899,844 | $33M | 8.0% | 2026-Q2 |
| Storgate, LLC added | 808,490 | $29M | 7.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 553,434 | $20M | 4.9% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 470,581 | $17M | 4.2% | 2026-Q2 |
| MAI Capital Management added | 284,114 | $10M | 2.5% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 263,929 | $10M | 2.4% | 2026-Q2 |
| Salus Financial Advisors, LLC added | 263,360 | $10M | 2.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 261,869 | $10M | 2.3% | 2026-Q2 |
| Clarity Retirement & Wealth, LLC added | 254,398 | $9M | 2.3% | 2026-Q2 |
| Advyzon Investment Management, LLC added | 253,436 | $9M | 2.3% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 227,161 | $8M | 2.0% | 2026-Q2 |
| Landing Point Financial Group, LLC new | 198,585 | $7M | 1.8% | 2026-Q2 |
| Arkadios Wealth Advisors trimmed | 195,868 | $7M | 1.7% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 164,059 | $6M | 1.5% | 2026-Q2 |
| Smartleaf Asset Management LLC | 160,405 | $6M | 1.4% | 2026-Q2 |
| Mayfair Advisory Group, LLC added | 167,150 | $6M | 1.4% | 2026-Q2 |
| NewEdge Advisors, LLC added | 143,837 | $5M | 1.3% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 131,560 | $5M | 1.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 115,522 | $4M | 1.0% | 2026-Q2 |
| New Insight Wealth Advisors added | 98,842 | $4M | 0.9% | 2026-Q2 |
| S Harris Financial Group, LLC trimmed | 87,529 | $3M | 0.8% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 83,479 | $3M | 0.7% | 2026-Q2 |
| Vise Technologies, Inc. new | 76,736 | $3M | 0.7% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 65,988 | $2M | 0.6% | 2026-Q2 |
| REDW Wealth LLC added | 64,653 | $2M | 0.6% | 2026-Q2 |
| Payne Capital LLC | 64,361 | $2M | 0.6% | 2026-Q2 |
| OLD MISSION CAPITAL LLC trimmed | 59,736 | $2M | 0.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 59,710 | $2M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 58,089 | $2M | 0.5% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 58,010 | $2M | 0.5% | 2026-Q2 |
| SMITH, MOORE & CO. added | 34,954 | $1M | 0.3% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 32,969 | $1M | 0.3% | 2026-Q2 |
| Cassilly Financial Group LLC added | 30,705 | $1M | 0.3% | 2026-Q2 |
| Investmark Advisory Group LLC added | 29,667 | $1M | 0.3% | 2026-Q2 |
| BG Investment Services, LLC added | 29,235 | $1M | 0.3% | 2026-Q2 |
| Stratos Wealth Advisors, LLC trimmed | 28,899 | $1M | 0.3% | 2026-Q2 |
| Merit Financial Group, LLC added | 24,883 | $904K | 0.2% | 2026-Q2 |
| IFP Advisors, Inc added | 23,945 | $870K | 0.2% | 2026-Q2 |
| FMR LLC added | 23,886 | $868K | 0.2% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC trimmed | 22,376 | $813K | 0.2% | 2026-Q2 |
| Arax Advisory Partners added | 21,811 | $792K | 0.2% | 2026-Q2 |
| Waverly Advisors, LLC | 15,893 | $577K | 0.1% | 2026-Q2 |
| DAHRING | CUSMANO LLC trimmed | 15,275 | $555K | 0.1% | 2026-Q2 |
| Whipplewood Advisors, LLC trimmed | 13,674 | $497K | 0.1% | 2026-Q2 |
| Archer Investment Management, LLC trimmed | 13,233 | $481K | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 12,816 | $466K | 0.1% | 2026-Q2 |
| Cyndeo Wealth Partners, LLC trimmed | 11,414 | $415K | 0.1% | 2026-Q2 |
| Tanager Wealth Management LLP | 10,734 | $390K | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 10,415 | $378K | 0.1% | 2026-Q2 |
| SCHMIDT P J INVESTMENT MANAGEMENT INC trimmed | 10,272 | $373K | 0.1% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 8,837 | $321K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 8,036 | $292K | 0.1% | 2026-Q2 |
| Odyssey Group, LLC new | 7,383 | $268K | 0.1% | 2026-Q2 |
| Intergy Private Wealth, LLC | 7,104 | $258K | 0.1% | 2026-Q2 |
| Savvy Advisors, Inc. trimmed | 6,949 | $252K | 0.1% | 2026-Q2 |
| GTS SECURITIES LLC new | 6,509 | $236K | 0.1% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC new | 6,235 | $227K | 0.1% | 2026-Q2 |
| NWAM LLC new | 5,888 | $214K | 0.1% | 2026-Q2 |
| Spire Wealth Management added | 3,851 | $140K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 3,501 | $127K | 0.0% | 2026-Q2 |
| CONSULTIVA WEALTH MANAGEMENT, CORP. added | 2,535 | $92K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP | 1,610 | $58K | 0.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 838 | $30K | 0.0% | 2026-Q2 |
| Larson Financial Group LLC added | 757 | $28K | 0.0% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 676 | $25K | 0.0% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 560 | $20K | 0.0% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 497 | $18K | 0.0% | 2026-Q2 |
| Glass Jacobson Investment Advisors llc | 403 | $15K | 0.0% | 2026-Q2 |
| CoreCap Advisors, LLC trimmed | 353 | $13K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 330 | $12K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP new | 310 | $11K | 0.0% | 2026-Q2 |
| VANGUARD ADVISERS INC | 212 | $8K | 0.0% | 2026-Q2 |
| LifeSteps Financial, Inc. new | 92 | $3K | 0.0% | 2026-Q2 |
| HOWE & RUSLING INC | 52 | $2K | 0.0% | 2026-Q2 |
| Private Wealth Asset Management, LLC new | 47 | $2K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 0 | $7 | 0.0% | 2026-Q2 |
| Abound Wealth Management trimmed | 0 | $5 | 0.0% | 2026-Q2 |
| Allworth Financial LP | 0 | $2 | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 12 | — | 0.0% | 2026-Q2 |
| Sunbelt Securities, Inc. added | 198,066 | $6M | 1.5% | 2026-Q1 stale (1 quarter behind) |
| Wayfinding Financial, LLC trimmed | 104,857 | $3M | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 92,302 | $3M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| RFG Advisory, LLC added | 49,385 | $2M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| HRT FINANCIAL LP added | 19,905 | $628K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 16,990 | $537K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Forthright Family Wealth Advisory LLC new | 18,164 | $450K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC added | 3,232 | $102K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Thrivent Financial for Lutherans new | 1,449,538 | $45M | 11.0% | 2025-Q4 stale (2 quarters behind) |
| Dentgroup LLC trimmed | 41,795 | $1M | 0.3% | 2025-Q4 stale (2 quarters behind) |
| Virtu Financial LLC new | 35,076 | $1M | 0.3% | 2025-Q4 stale (2 quarters behind) |
| IFC & Insurance Marketing, Inc. new | 22,250 | $687K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Elevation Wealth Management LLC new | 10,495 | $324K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| COMMONS CAPITAL, LLC new | 9,785 | $302K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| COMERICA BANK | 1,610 | $50K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| von Borstel & Associates, Inc. new | 107,152 | $3M | 0.8% | 2025-Q3 stale (3 quarters behind) |
| UBS Group AG added | 1,577 | $47K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Retireful, LLC new | 40,093 | $1M | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Pasadena Private Wealth, LLC trimmed | 8,359 | $234K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| SUMMIT WEALTH GROUP LLC / CO new | 7,674 | $215K | 0.1% | 2025-Q2 stale (4 quarters behind) |
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.