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Institutional Ownership · SEC Form 13F

Who owns FDIS


Which tracked institutional funds hold FDIS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FDIS company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

230
Institutional holders
8M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on FDIS is one-sided between 2025-Q4 and 2026-Q1: 15 added or opened and 54 trimmed or exited — on balance reducing.

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

FDIS’s largest tracked holder by dollar value, Lido Advisors, LLC, sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in FDIS 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 230 tracked filers holding FDIS, 94 increased or opened the position and 123 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 FDIS 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 2

  • GOLDMAN SACHS GROUP INC$5M
  • Global Assets Advisory, LLC$3M

Full exits 13

  • Bellwether Advisors, LLC$20M
  • Maxele Advisors, LLC$2M
  • Mach-1 Financial Group, LLC$2M
  • Beaumont Financial Advisors, LLC$2M
  • Sanctuary Advisors, LLC$1M
  • Hilton Capital Management, LLC$777K

Largest adds

  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$5M
  • AE Wealth Management LLC$4M
  • NATIONAL BANK OF CANADA /FI/$3M
  • MORGAN STANLEY$2M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
  • Tower Research Capital LLC (TRC)$1M

Largest trims

  • BANK OF AMERICA CORP /DE/$69M
  • Richard Bernstein Advisors LLC$49M
  • Lido Advisors, LLC$12M
  • ENVESTNET ASSET MANAGEMENT INC$10M
  • HighTower Advisors, LLC$6M
  • CHARLES SCHWAB INVESTMENT MANAGEMENT INC$5M

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).

FundSharesReported value% of valueQuarter
Lido Advisors, LLC added1,503,754$140M19.2%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,308,507$122M16.7%2026-Q1
AE Wealth Management LLC added1,103,019$103M14.1%2026-Q1
AGF MANAGEMENT LTD trimmed300,710$28M3.8%2026-Q1
MORGAN STANLEY added247,969$23M3.2%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed198,809$19M2.5%2026-Q1
ASSETMARK, INC trimmed186,211$17M2.4%2026-Q1
Fischer Financial Services, Inc. added141,167$13M1.8%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed126,898$12M1.6%2026-Q1
LPL Financial LLC trimmed120,911$11M1.5%2026-Q1
Kestra Advisory Services, LLC added86,544$8M1.1%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added75,282$7M1.0%2026-Q1
Independence Financial Advisors, LLC added68,136$6M0.9%2026-Q1
Fisher Asset Management, LLC trimmed66,957$6M0.9%2026-Q1
Yoder Wealth Management, Inc. added59,519$6M0.8%2026-Q1
Keystone Global Partners, LLC added59,094$6M0.8%2026-Q1
STIFEL FINANCIAL CORP trimmed56,569$5M0.7%2026-Q1
FMR LLC added56,137$5M0.7%2026-Q1
CITIGROUP INC added51,331$5M0.7%2026-Q1
KCM INVESTMENT ADVISORS LLC added50,674$5M0.6%2026-Q1
GOLDMAN SACHS GROUP INC added49,670$5M0.6%2026-Q1
ATLAS CAPITAL ADVISORS INC. trimmed47,271$4M0.6%2026-Q1
TWO SIGMA INVESTMENTS, LP trimmed46,700$4M0.6%2026-Q1
Steward Partners Investment Advisory, LLC added45,103$4M0.6%2026-Q1
OSAIC HOLDINGS, INC. trimmed41,921$4M0.5%2026-Q1
GRIMES & Co WEALTH MANAGEMENT, LLC trimmed40,945$4M0.5%2026-Q1
Cetera Investment Advisers trimmed40,546$4M0.5%2026-Q1
CX Institutional added40,526$4M0.5%2026-Q1
Mariner, LLC added40,205$4M0.5%2026-Q1
PENOBSCOT WEALTH MANAGEMENT added40,194$4M0.5%2026-Q1
Cambridge Investment Research Advisors, Inc. added38,541$4M0.5%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added37,827$4M0.5%2026-Q1
Maltin Wealth Management, Inc. trimmed33,772$3M0.4%2026-Q1
ROYAL BANK OF CANADA added33,432$3M0.4%2026-Q1
SFI Advisors, LLC trimmed32,080$3M0.4%2026-Q1
SCHMIDT P J INVESTMENT MANAGEMENT INC added32,025$3M0.4%2026-Q1
NATIONAL BANK OF CANADA /FI/ added27,784$3M0.4%2026-Q1
Global Assets Advisory, LLC new70,393$3M0.3%2026-Q1
UBS Group AG added26,438$2M0.3%2026-Q1
Smith Salley Wealth Management added24,512$2M0.3%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed24,471$2M0.3%2026-Q1
Lifeworks Advisors, LLC added24,266$2M0.3%2026-Q1
Janney Montgomery Scott LLC trimmed22,954$2M0.3%2026-Q1
WELLS FARGO & COMPANY/MN trimmed21,984$2M0.3%2026-Q1
Thrivent Financial for Lutherans trimmed21,679$2M0.3%2026-Q1
Jacobs Equity LLC added19,001$2M0.3%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC added20,499$2M0.3%2026-Q1
LYNCH & ASSOCIATES/IN added19,932$2M0.3%2026-Q1
Elevated Capital Advisors, LLC trimmed18,510$2M0.2%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC trimmed18,136$2M0.2%2026-Q1
HighTower Advisors, LLC trimmed18,026$2M0.2%2026-Q1
New York Life Investment Management LLC added17,791$2M0.2%2026-Q1
Tower Research Capital LLC (TRC) added17,221$2M0.2%2026-Q1
Pathway Financial Advisers, LLC trimmed16,206$2M0.2%2026-Q1
KDK Private Wealth Management, LLC trimmed16,078$1M0.2%2026-Q1
EP Wealth Advisors, LLC trimmed16,069$1M0.2%2026-Q1
JONES FINANCIAL COMPANIES LLLP added15,346$1M0.2%2026-Q1
Rockefeller Capital Management L.P. trimmed14,649$1M0.2%2026-Q1
AMERICAN NATIONAL BANK & TRUST added14,329$1M0.2%2026-Q1
Ameritas Advisory Services, LLC trimmed13,836$1M0.2%2026-Q1
Robertson Stephens Wealth Management, LLC added13,758$1M0.2%2026-Q1
J.Safra Asset Management Corp trimmed13,693$1M0.2%2026-Q1
SOUTHERN CAPITAL ADVISORS, LLC trimmed13,644$1M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed13,539$1M0.2%2026-Q1
Investors Research Corp added13,440$1M0.2%2026-Q1
JANE STREET GROUP, LLC added12,638$1M0.2%2026-Q1
Meridian Wealth Management, LLC added12,622$1M0.2%2026-Q1
Sigma Planning Corp trimmed11,573$1M0.1%2026-Q1
Ellis Investment Partners, LLC trimmed11,172$1M0.1%2026-Q1
Summit Financial, LLC trimmed9,769$911K0.1%2026-Q1
SYON CAPITAL LLC added9,445$881K0.1%2026-Q1
Snowden Capital Advisors LLC added9,387$875K0.1%2026-Q1
Orion Porfolio Solutions, LLC trimmed8,959$835K0.1%2026-Q1
Spire Wealth Management trimmed8,518$794K0.1%2026-Q1
Stratos Wealth Advisors, LLC trimmed8,453$788K0.1%2026-Q1
BLUE JEAN FINANCIAL LLC added8,320$776K0.1%2026-Q1
Bellwether Advisors, LLC new199,922$20M2.8%2025-Q4 stale
CITADEL ADVISORS LLC added86,113$7M1.0%2025-Q1 stale
Algorithmic Investment Models, LLC added60,601$5M0.7%2025-Q1 stale
BNP PARIBAS FINANCIAL MARKETS50,000$4M0.6%2025-Q1 stale
Exchange Capital Management, Inc. trimmed28,357$3M0.4%2025-Q2 stale
Advocacy Wealth Management Services, LLC trimmed27,955$3M0.4%2025-Q2 stale
Maxele Advisors, LLC trimmed23,902$2M0.3%2025-Q4 stale
Mach-1 Financial Group, LLC added21,590$2M0.3%2025-Q4 stale
Beaumont Financial Advisors, LLC added15,115$2M0.2%2025-Q4 stale
DAVENPORT & Co LLC added17,426$1M0.2%2025-Q1 stale
Orion Portfolio Solutions, LLC trimmed16,140$1M0.2%2025-Q1 stale
Kovitz Investment Group Partners, LLC trimmed14,148$1M0.2%2025-Q2 stale
Atria Wealth Solutions, Inc. trimmed12,651$1M0.2%2025-Q2 stale
TRANSCEND CAPITAL ADVISORS, LLC trimmed13,865$1M0.2%2025-Q1 stale
Sanctuary Advisors, LLC trimmed11,045$1M0.2%2025-Q4 stale
AlphaStar Capital Management, LLC new10,790$1M0.1%2025-Q2 stale
Crossmark Global Holdings, Inc.8,730$898K0.1%2025-Q3 stale
Cubist Systematic Strategies, LLC added8,667$892K0.1%2025-Q3 stale
AXXCESS WEALTH MANAGEMENT, LLC added10,309$871K0.1%2025-Q1 stale
Hilton Capital Management, LLC added7,610$777K0.1%2025-Q4 stale
ELEVATION POINT WEALTH PARTNERS, LLC trimmed7,559$772K0.1%2025-Q4 stale
Vestmark Advisory Solutions, Inc. new7,559$772K0.1%2025-Q4 stale
J.W. COLE ADVISORS, INC. trimmed17,282$765K0.1%2025-Q4 stale
HRT FINANCIAL LP added7,132$728K0.1%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.

HoldersTotal shares

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.

Learn how to read institutional ownership