Who owns FDRR (FDRR)
Which tracked institutional funds hold FDRR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FDRR 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
12 tracked funds added or opened FDRR while 14 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
FDRR’s largest tracked holder by dollar value, Ameritas Advisory Services, LLC, sizes it at 1.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FDRR 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 108 tracked filers holding FDRR, 54 increased or opened the position and 48 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 FDRR 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
- RCS Financial Planning, LLC$810K
- PARK AVENUE SECURITIES LLC$513K
Full exits 1
- FLAGSHIP WEALTH ADVISORS, LLC$993K
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$2M
- CWM, LLC$1M
- JPMORGAN CHASE & CO$1M
- CITADEL ADVISORS LLC$924K
- Kestra Advisory Services, LLC$841K
- Cetera Investment Advisers$733K
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$22M
- NewEdge Advisors, LLC$5M
- Ameritas Advisory Services, LLC$3M
- LPL Financial LLC$3M
- OSAIC HOLDINGS, INC.$2M
- COMMONWEALTH EQUITY SERVICES, LLC$1M
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 |
|---|---|---|---|---|
| Ameritas Advisory Services, LLC trimmed | 717,397 | $42M | 19.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 310,464 | $18M | 8.4% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 301,680 | $18M | 8.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 245,919 | $14M | 6.6% | 2026-Q1 |
| Private Advisor Group, LLC added | 169,275 | $10M | 4.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 152,092 | $9M | 4.1% | 2026-Q1 |
| Charter Capital Management, LLC\DE trimmed | 135,730 | $8M | 3.7% | 2026-Q1 |
| CWM, LLC added | 119,354 | $7M | 3.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 103,928 | $6M | 2.8% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 91,961 | $5M | 2.5% | 2026-Q1 |
| Geneva Partners, LLC trimmed | 83,902 | $5M | 2.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 81,679 | $5M | 2.2% | 2026-Q1 |
| FMR LLC added | 78,497 | $5M | 2.1% | 2026-Q1 |
| Cetera Investment Advisers added | 76,802 | $5M | 2.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 73,426 | $4M | 2.0% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 66,941 | $4M | 1.8% | 2026-Q1 |
| UBS Group AG trimmed | 63,621 | $4M | 1.7% | 2026-Q1 |
| Sugar Maple Asset Management, LLC trimmed | 53,547 | $3M | 1.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 48,070 | $3M | 1.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 43,666 | $3M | 1.2% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 32,452 | $2M | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 32,184 | $2M | 0.9% | 2026-Q1 |
| Lido Advisors, LLC trimmed | 29,765 | $2M | 0.8% | 2026-Q1 |
| &PARTNERS added | 24,617 | $1M | 0.7% | 2026-Q1 |
| PFG Advisors added | 24,039 | $1M | 0.6% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 22,189 | $1M | 0.6% | 2026-Q1 |
| FLOW TRADERS U.S. LLC trimmed | 21,799 | $1M | 0.6% | 2026-Q1 |
| Stonebridge Financial Planning Group, LLC trimmed | 17,694 | $1M | 0.5% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 16,871 | $992K | 0.5% | 2026-Q1 |
| Gladstone Institutional Advisory LLC | 14,601 | $859K | 0.4% | 2026-Q1 |
| RCS Financial Planning, LLC new | 13,782 | $810K | 0.4% | 2026-Q1 |
| Integrated Advisors Network LLC | 13,150 | $773K | 0.4% | 2026-Q1 |
| Sunbelt Securities, Inc. added | 12,501 | $735K | 0.3% | 2026-Q1 |
| Jaffetilchin Investment Partners, LLC trimmed | 12,088 | $711K | 0.3% | 2026-Q1 |
| Creative Planning added | 11,272 | $663K | 0.3% | 2026-Q1 |
| Herold Advisors, Inc. trimmed | 11,070 | $651K | 0.3% | 2026-Q1 |
| BROWN, LISLE/CUMMINGS, INC. trimmed | 10,750 | $632K | 0.3% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. trimmed | 9,967 | $586K | 0.3% | 2026-Q1 |
| PKS Advisory Services, LLC trimmed | 9,526 | $560K | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 9,350 | $553K | 0.3% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 9,310 | $547K | 0.3% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC new | 8,726 | $513K | 0.2% | 2026-Q1 |
| CDM FINANCIAL COUNSELING SERVICES, INC. trimmed | 7,850 | $462K | 0.2% | 2026-Q1 |
| Mutual Advisors, LLC added | 7,779 | $457K | 0.2% | 2026-Q1 |
| Arkadios Wealth Advisors added | 7,737 | $455K | 0.2% | 2026-Q1 |
| Beck Bode, LLC trimmed | 7,724 | $454K | 0.2% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 7,411 | $436K | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 6,843 | $402K | 0.2% | 2026-Q1 |
| LJI Wealth Management, LLC | 6,678 | $393K | 0.2% | 2026-Q1 |
| Sigma Planning Corp trimmed | 6,417 | $377K | 0.2% | 2026-Q1 |
| AXXCESS WEALTH MANAGEMENT, LLC | 6,336 | $373K | 0.2% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 5,611 | $332K | 0.2% | 2026-Q1 |
| NAPLES GLOBAL ADVISORS, LLC | 5,562 | $327K | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC | 5,374 | $316K | 0.1% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 5,337 | $314K | 0.1% | 2026-Q1 |
| Equitable Holdings, Inc. added | 4,855 | $296K | 0.1% | 2026-Q1 |
| CoreCap Advisors, LLC added | 4,984 | $293K | 0.1% | 2026-Q1 |
| Fifth Third Securities, Inc. trimmed | 4,748 | $279K | 0.1% | 2026-Q1 |
| Snider Financial Group trimmed | 4,471 | $263K | 0.1% | 2026-Q1 |
| Mascoma Wealth Management LLC added | 4,451 | $262K | 0.1% | 2026-Q1 |
| Csenge Advisory Group added | 4,417 | $260K | 0.1% | 2026-Q1 |
| HBW ADVISORY SERVICES LLC trimmed | 4,339 | $255K | 0.1% | 2026-Q1 |
| Arax Advisory Partners trimmed | 4,330 | $255K | 0.1% | 2026-Q1 |
| Glass Jacobson Investment Advisors llc added | 4,244 | $250K | 0.1% | 2026-Q1 |
| PERRYMAN FINANCIAL ADVISORY INC /AD trimmed | 3,940 | $232K | 0.1% | 2026-Q1 |
| NWAM LLC trimmed | 3,894 | $229K | 0.1% | 2026-Q1 |
| ShoreHaven Wealth Partners, LLC trimmed | 3,795 | $223K | 0.1% | 2026-Q1 |
| MFA Wealth Services added | 3,780 | $222K | 0.1% | 2026-Q1 |
| ST GERMAIN D J CO INC | 3,713 | $218K | 0.1% | 2026-Q1 |
| Western Wealth Management, LLC trimmed | 3,688 | $217K | 0.1% | 2026-Q1 |
| LANDAAS & CO /WI /ADV | 3,660 | $215K | 0.1% | 2026-Q1 |
| MWA Asset Management trimmed | 918 | $212K | 0.1% | 2026-Q1 |
| NewEdge Advisors, LLC added | 86,531 | $198K | 0.1% | 2026-Q1 |
| Cullen/Frost Bankers, Inc. trimmed | 3,244 | $191K | 0.1% | 2026-Q1 |
| WealthShield Partners, LLC | 3,206 | $189K | 0.1% | 2026-Q1 |
| ADG Wealth Management Group, LLC new | 2,835 | $167K | 0.1% | 2026-Q1 |
| Larson Financial Group LLC added | 2,814 | $165K | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 2,389 | $140K | 0.1% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 2,147 | $126K | 0.1% | 2026-Q1 |
| KERR FINANCIAL PLANNING Corp added | 1,858 | $116K | 0.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,937 | $114K | 0.1% | 2026-Q1 |
| Darwin Wealth Management, LLC added | 1,768 | $104K | 0.0% | 2026-Q1 |
| Allworth Financial LP added | 1,663 | $98K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc added | 1,651 | $97K | 0.0% | 2026-Q1 |
| Atria Wealth Solutions, Inc. trimmed | 28,678 | $2M | 0.7% | 2025-Q2 stale |
| FLAGSHIP WEALTH ADVISORS, LLC trimmed | 16,267 | $993K | 0.5% | 2025-Q4 stale |
| Summit X, LLC trimmed | 16,211 | $879K | 0.4% | 2025-Q2 stale |
| SYKON CAPITAL LLC trimmed | 9,704 | $526K | 0.2% | 2025-Q2 stale |
| STIFEL FINANCIAL CORP trimmed | 9,376 | $468K | 0.2% | 2025-Q1 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 8,486 | $460K | 0.2% | 2025-Q2 stale |
| J.W. COLE ADVISORS, INC. trimmed | 9,362 | $433K | 0.2% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 6,473 | $395K | 0.2% | 2025-Q4 stale |
| High Falls Advisors, Inc added | 6,077 | $371K | 0.2% | 2025-Q4 stale |
| GTS SECURITIES LLC trimmed | 4,781 | $259K | 0.1% | 2025-Q2 stale |
| Dentgroup LLC trimmed | 4,169 | $254K | 0.1% | 2025-Q4 stale |
| Per Stirling Capital Management, LLC. | 4,973 | $248K | 0.1% | 2025-Q1 stale |
| TRUIST FINANCIAL CORP trimmed | 4,040 | $247K | 0.1% | 2025-Q4 stale |
| FLPUTNAM INVESTMENT MANAGEMENT CO new | 3,591 | $219K | 0.1% | 2025-Q4 stale |
| WEDBUSH SECURITIES INC trimmed | 3,302 | $201K | 0.1% | 2025-Q4 stale |
| MONTAG A & ASSOCIATES INC | 1,840 | $92K | 0.0% | 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.