Who owns FDIV (FDIV)
Which tracked institutional funds hold FDIV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FDIV 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
3 tracked funds added or opened FDIV while 4 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
FDIV’s largest tracked holder by dollar value, San Luis Wealth Advisors LLC, sizes it at 6.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 6.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FDIV 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 16 tracked filers holding FDIV, 8 increased or opened the position and 8 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 FDIV 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 1
- GOLDMAN SACHS GROUP INC$961K
Full exits 1
- Avestar Capital, LLC$2M
Largest adds
- Mutual Advisors, LLC$993K
- Empire Financial Management Company, LLC$838K
Largest trims
- Andina Capital Management, LLC$755K
- ROYAL BANK OF CANADA$271K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$261K
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 |
|---|---|---|---|---|
| San Luis Wealth Advisors LLC added | 1,388,353 | $37M | 57.9% | 2026-Q1 |
| Arrowroot Family Office, LLC | 284,997 | $8M | 12.1% | 2026-Q1 |
| Empire Financial Management Company, LLC added | 226,592 | $6M | 9.5% | 2026-Q1 |
| NorthRock Partners, LLC trimmed | 101,840 | $3M | 4.2% | 2026-Q1 |
| Andina Capital Management, LLC trimmed | 90,693 | $2M | 3.8% | 2026-Q1 |
| Mutual Advisors, LLC added | 85,305 | $2M | 3.6% | 2026-Q1 |
| MONEY CONCEPTS CAPITAL CORP added | 46,214 | $1M | 1.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC new | 35,941 | $961K | 1.5% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 16,683 | $446K | 0.7% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 11,447 | $306K | 0.5% | 2026-Q1 |
| US BANCORP \DE\ new | 3,737 | $100K | 0.2% | 2026-Q1 |
| Advisory Services Network, LLC new | 410 | $11K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 256 | $7K | 0.0% | 2026-Q1 |
| CoreCap Advisors, LLC | 18 | $481 | 0.0% | 2026-Q1 |
| AE Wealth Management LLC | 16 | $428 | 0.0% | 2026-Q1 |
| MORGAN STANLEY | 5 | $134 | 0.0% | 2026-Q1 |
| Avestar Capital, LLC trimmed | 57,725 | $2M | 2.4% | 2025-Q4 stale |
| OLD MISSION CAPITAL LLC new | 40,888 | $1M | 1.7% | 2025-Q3 stale |
| IFP Advisors, Inc | 244 | $7K | 0.0% | 2025-Q4 stale |
| Ritter Daniher Financial Advisory LLC / DE trimmed | 109 | $3K | 0.0% | 2025-Q4 stale |
| UBS Group AG trimmed | 22 | $596 | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 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.