Who owns FDVV
Which tracked institutional funds hold FDVV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FDVV 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 FDVV is one-sided between 2026-Q1 and 2026-Q2: 176 added or opened and 53 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
FDVV’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 0.2pp gap the other way — the median holder sizes FDVV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FDVV 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 493 tracked filers holding FDVV, 281 increased or opened the position and 200 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 FDVV 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 21
- CITADEL ADVISORS LLC$13M
- MGO ONE SEVEN LLC$8M
- Global Retirement Partners, LLC$8M
- D. E. Shaw & Co., Inc.$4M
- Old Mission Investment Co LLC$3M
- DEFINED WEALTH MANAGEMENT, LLC$3M
Full exits 30
- Independent Advisor Alliance$69M
- Cambridge Investment Research Advisors, Inc.$45M
- McIlrath & Eck, LLC$41M
- Baer Investment Advisory LLC$30M
- Integrated Wealth Concepts LLC$17M
- CWM, LLC$12M
Largest adds
- LPL Financial LLC$77M
- OSAIC HOLDINGS, INC.$41M
- Retirement Planning Group, LLC$30M
- Kestra Advisory Services, LLC$27M
- RAYMOND JAMES FINANCIAL INC$24M
- BANK OF AMERICA CORP /DE/$22M
Largest trims
- JANE STREET GROUP, LLC$40M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$37M
- Landing Point Financial Group, LLC$23M
- Lakeridge Wealth Management LLC$7M
- Kingsview Wealth Management, LLC$7M
- KMG FIDUCIARY PARTNERS, LLC$5M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| LPL Financial LLC added | 7,499,779 | $452M | 13.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 2,987,353 | $180M | 5.2% | 2026-Q2 |
| Retirement Planning Group, LLC added | 2,823,822 | $170M | 4.9% | 2026-Q2 |
| MORGAN STANLEY added | 2,713,339 | $164M | 4.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 2,581,834 | $156M | 4.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,541,625 | $153M | 4.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 2,331,510 | $141M | 4.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,175,133 | $131M | 3.8% | 2026-Q2 |
| Cetera Investment Advisers added | 2,117,713 | $128M | 3.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,984,267 | $120M | 3.5% | 2026-Q2 |
| Dynasty Wealth Management, LLC added | 1,888,109 | $114M | 3.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1,855,417 | $112M | 3.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 1,440,288 | $87M | 2.5% | 2026-Q2 |
| SAGESPRING WEALTH PARTNERS, LLC added | 1,400,766 | $84M | 2.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 914,634 | $55M | 1.6% | 2026-Q2 |
| Arkadios Wealth Advisors added | 816,312 | $49M | 1.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 753,964 | $45M | 1.3% | 2026-Q2 |
| Kestra Investment Management, LLC trimmed | 692,813 | $42M | 1.2% | 2026-Q2 |
| CHILDRESS CAPITAL ADVISORS, LLC added | 661,037 | $40M | 1.2% | 2026-Q2 |
| VICTORY FINANCIAL GROUP, LLC added | 640,420 | $39M | 1.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 639,618 | $39M | 1.1% | 2026-Q2 |
| Allworth Financial LP trimmed | 586,977 | $35M | 1.0% | 2026-Q2 |
| Mariner, LLC added | 566,766 | $34M | 1.0% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 537,233 | $32M | 0.9% | 2026-Q2 |
| WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV trimmed | 433,835 | $26M | 0.8% | 2026-Q2 |
| AssuredPartners Investment Advisors, LLC added | 403,891 | $24M | 0.7% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 392,253 | $24M | 0.7% | 2026-Q2 |
| Milestone Investment Advisors LLC trimmed | 324,499 | $20M | 0.6% | 2026-Q2 |
| AA Financial Advisors, LLC added | 321,175 | $19M | 0.6% | 2026-Q2 |
| FLAGSHIP WEALTH ADVISORS, LLC added | 310,950 | $19M | 0.5% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 306,832 | $18M | 0.5% | 2026-Q2 |
| Stratos Investment Management, LLC trimmed | 303,753 | $18M | 0.5% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 300,253 | $18M | 0.5% | 2026-Q2 |
| CALTON & ASSOCIATES, INC. trimmed | 294,506 | $18M | 0.5% | 2026-Q2 |
| World Investment Advisors trimmed | 281,528 | $16M | 0.5% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC trimmed | 280,456 | $17M | 0.5% | 2026-Q2 |
| REGIMEN WEALTH, LLC added | 278,629 | $17M | 0.5% | 2026-Q2 |
| IFP Advisors, Inc added | 263,334 | $16M | 0.5% | 2026-Q2 |
| Fifth Third Securities, Inc. added | 243,868 | $15M | 0.4% | 2026-Q2 |
| Prentice Wealth Management LLC added | 243,752 | $15M | 0.4% | 2026-Q2 |
| Clark Wealth Partners trimmed | 239,160 | $14M | 0.4% | 2026-Q2 |
| GTS SECURITIES LLC added | 235,485 | $14M | 0.4% | 2026-Q2 |
| Rooted Wealth Advisors, Inc. added | 235,327 | $14M | 0.4% | 2026-Q2 |
| FMR LLC added | 233,218 | $14M | 0.4% | 2026-Q2 |
| Independence Financial Advisors, LLC trimmed | 227,992 | $14M | 0.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 224,204 | $14M | 0.4% | 2026-Q2 |
| Advisory Services Network, LLC added | 221,603 | $13M | 0.4% | 2026-Q2 |
| Per Stirling Capital Management, LLC. added | 219,942 | $13M | 0.4% | 2026-Q2 |
| Performance Wealth Partners, LLC added | 219,333 | $13M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 213,763 | $13M | 0.4% | 2026-Q2 |
| SHP Wealth Management added | 210,776 | $13M | 0.4% | 2026-Q2 |
| Lakeridge Wealth Management LLC trimmed | 206,657 | $12M | 0.4% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 195,411 | $12M | 0.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 192,316 | $12M | 0.3% | 2026-Q2 |
| Sculati Wealth Management, LLC added | 186,220 | $12M | 0.3% | 2026-Q2 |
| PCG Wealth Advisors, LLC added | 182,800 | $11M | 0.3% | 2026-Q2 |
| &PARTNERS added | 173,197 | $10M | 0.3% | 2026-Q2 |
| Cyr Financial Inc. added | 167,830 | $10M | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 163,059 | $10M | 0.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 159,980 | $10M | 0.3% | 2026-Q2 |
| Powers Advisory Group, LLC added | 156,160 | $9M | 0.3% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 155,668 | $9M | 0.3% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 155,252 | $9M | 0.3% | 2026-Q2 |
| STEPHENS INC /AR/ added | 150,033 | $9M | 0.3% | 2026-Q2 |
| Cornerstone Wealth, LLC/TN trimmed | 148,659 | $9M | 0.3% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 147,766 | $9M | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 147,741 | $9M | 0.3% | 2026-Q2 |
| Kovack Advisors, Inc. added | 147,703 | $9M | 0.3% | 2026-Q2 |
| New Insight Wealth Advisors added | 147,453 | $9M | 0.3% | 2026-Q2 |
| Base Wealth Management LLC added | 141,941 | $9M | 0.2% | 2026-Q2 |
| UNIQUE WEALTH, LLC added | 140,013 | $8M | 0.2% | 2026-Q2 |
| Strategic Blueprint, LLC added | 138,953 | $8M | 0.2% | 2026-Q2 |
| Centerline Wealth Advisors, LLC added | 135,983 | $8M | 0.2% | 2026-Q2 |
| MGO ONE SEVEN LLC new | 135,133 | $8M | 0.2% | 2026-Q2 |
| Global Retirement Partners, LLC added | 134,781 | $8M | 0.2% | 2026-Q2 |
| Investment Advisory Services Group LLC added | 134,161 | $8M | 0.2% | 2026-Q2 |
| Merit Financial Group, LLC added | 133,960 | $8M | 0.2% | 2026-Q2 |
| Pathway Financial Advisers, LLC trimmed | 132,384 | $8M | 0.2% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC | 130,630 | $8M | 0.2% | 2026-Q2 |
| Carbahal Olsen Financial Services Group, LLC added | 130,417 | $8M | 0.2% | 2026-Q2 |
| BG Investment Services, LLC added | 125,837 | $8M | 0.2% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 122,695 | $7M | 0.2% | 2026-Q2 |
| INVESTMENT ADVISORY SERVICES INC /TX /ADV added | 121,803 | $7M | 0.2% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. trimmed | 119,320 | $7M | 0.2% | 2026-Q2 |
| CITIZENS FINANCIAL GROUP INC/RI added | 117,954 | $7M | 0.2% | 2026-Q2 |
| McGlone Suttner Wealth Management, Inc. added | 111,746 | $7M | 0.2% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 109,933 | $7M | 0.2% | 2026-Q2 |
| High Point Wealth Management, LLC added | 108,405 | $7M | 0.2% | 2026-Q2 |
| Lineweaver Wealth Advisors, LLC trimmed | 108,055 | $7M | 0.2% | 2026-Q2 |
| OpenArc Corporate Advisory, LLC added | 107,793 | $6M | 0.2% | 2026-Q2 |
| Marshall & Sterling Wealth Advisors Inc. added | 107,749 | $6M | 0.2% | 2026-Q2 |
| SAPIENT CAPITAL LLC added | 106,893 | $6M | 0.2% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 105,425 | $6M | 0.2% | 2026-Q2 |
| TOMPKINS FINANCIAL CORP added | 105,192 | $6M | 0.2% | 2026-Q2 |
| Arax Advisory Partners added | 99,465 | $6M | 0.2% | 2026-Q2 |
| Summit Financial Wealth Advisors, LLC added | 97,763 | $6M | 0.2% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 92,011 | $6M | 0.2% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC trimmed | 91,219 | $5M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 91,176 | $5M | 0.2% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 90,320 | $5M | 0.2% | 2026-Q2 |
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.