Who owns FDLS (FDLS)
Which tracked institutional funds hold FDLS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FDLS 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
The tracked-fund tape on FDLS is one-sided between 2025-Q4 and 2026-Q1: 14 added or opened and 2 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
FDLS’s largest tracked holder by dollar value, Inspire Advisors, LLC, sizes it at 2.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FDLS 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 37 tracked filers holding FDLS, 27 increased or opened the position and 11 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 FDLS 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
- Envestnet Portfolio Solutions, Inc.$839K
Largest adds
- CREATIVE FINANCIAL DESIGNS INC /ADV$4M
- LPL Financial LLC$3M
- Inspire Advisors, LLC$2M
- AE Wealth Management LLC$1M
- Strategic Equity Management$1M
- Cambridge Investment Research Advisors, Inc.$1M
Largest trims
- Inspire Investing, LLC$580K
- Sanctuary Advisors, LLC$257K
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 |
|---|---|---|---|---|
| Inspire Advisors, LLC added | 766,677 | $28M | 33.4% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 271,476 | $10M | 11.8% | 2026-Q1 |
| Strategic Equity Management added | 136,333 | $5M | 5.9% | 2026-Q1 |
| LPL Financial LLC added | 128,535 | $5M | 5.6% | 2026-Q1 |
| PAX Financial Group, LLC trimmed | 102,134 | $4M | 4.4% | 2026-Q1 |
| AE Wealth Management LLC added | 92,906 | $3M | 4.0% | 2026-Q1 |
| Inspire Investing, LLC trimmed | 88,530 | $3M | 3.9% | 2026-Q1 |
| Belpointe Asset Management LLC added | 78,041 | $3M | 3.4% | 2026-Q1 |
| MONEYWISE, INC. added | 73,092 | $3M | 3.2% | 2026-Q1 |
| Frontier Asset Management, LLC added | 65,404 | $2M | 2.8% | 2026-Q1 |
| OneAscent Financial Services LLC trimmed | 65,207 | $2M | 2.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 62,228 | $2M | 2.7% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 53,059 | $2M | 2.3% | 2026-Q1 |
| GTS SECURITIES LLC added | 45,958 | $2M | 2.0% | 2026-Q1 |
| Valmark Advisers, Inc. added | 35,830 | $1M | 1.6% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 35,573 | $1M | 1.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 28,297 | $1M | 1.2% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. new | 22,703 | $839K | 1.0% | 2026-Q1 |
| Revisor Wealth Management LLC trimmed | 12,242 | $453K | 0.5% | 2026-Q1 |
| Cetera Investment Advisers added | 10,955 | $405K | 0.5% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 9,716 | $359K | 0.4% | 2026-Q1 |
| Geneos Wealth Management Inc. | 9,600 | $355K | 0.4% | 2026-Q1 |
| Optivise Advisory Services LLC trimmed | 8,808 | $325K | 0.4% | 2026-Q1 |
| Strategic Blueprint, LLC added | 8,795 | $325K | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC new | 8,730 | $322K | 0.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 8,693 | $321K | 0.4% | 2026-Q1 |
| Ascentis Independent Advisors added | 7,375 | $272K | 0.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 7,340 | $271K | 0.3% | 2026-Q1 |
| Arlington Capital Management, Inc. added | 7,293 | $269K | 0.3% | 2026-Q1 |
| Pinnacle Financial Partners, Inc. new | 7,169 | $265K | 0.3% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 6,136 | $227K | 0.3% | 2026-Q1 |
| Integrated Advisors Network LLC | 5,602 | $207K | 0.2% | 2026-Q1 |
| MORGAN STANLEY added | 615 | $23K | 0.0% | 2026-Q1 |
| AdvisorNet Financial, Inc new | 315 | $12K | 0.0% | 2026-Q1 |
| EverSource Wealth Advisors, LLC trimmed | 453 | $7K | 0.0% | 2026-Q1 |
| FMR LLC | 54 | $2K | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. new | 10 | $369 | 0.0% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 9,077 | $317K | 0.4% | 2025-Q3 stale |
| Financial Advocates Investment Management new | 7,672 | $244K | 0.3% | 2025-Q2 stale |
| UBS Group AG added | 6,619 | $210K | 0.2% | 2025-Q2 stale |
| CENTAURUS FINANCIAL, INC. | 3,820 | $137K | 0.2% | 2025-Q4 stale |
| Transce3nd, LLC added | 717 | $23K | 0.0% | 2025-Q2 stale |
| Clarity Asset Management, Inc. new | 422 | $15K | 0.0% | 2025-Q3 stale |
| Ameritas Advisory Services, LLC new | 202 | $6K | 0.0% | 2025-Q2 stale |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 165 | $6K | 0.0% | 2025-Q4 stale |
| SILVER OAK SECURITIES, INCORPORATED new | 131 | $5K | 0.0% | 2025-Q4 stale |
| Camelot Portfolios, LLC trimmed | 21 | $765 | 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.