Who owns FEM (FEM)
Which tracked institutional funds hold FEM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FEM 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 FEM is one-sided between 2025-Q4 and 2026-Q1: 47 added or opened and 4 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
FEM’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes FEM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FEM 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 137 tracked filers holding FEM, 95 increased or opened the position and 31 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 FEM 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 11
- JANE STREET GROUP, LLC$27M
- TCP Asset Management, LLC$13M
- GREENUP STREET WEALTH MANAGEMENT LLC$4M
- Wagner Wealth Management, Corp$3M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$2M
- CITADEL ADVISORS LLC$2M
Full exits 2
- Coppell Advisory Solutions LLC$1M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$650K
Largest adds
- FIRST TRUST ADVISORS LP$22M
- LPL Financial LLC$15M
- MORGAN STANLEY$15M
- BANK OF AMERICA CORP /DE/$10M
- ENVESTNET ASSET MANAGEMENT INC$10M
- WELLS FARGO & COMPANY/MN$8M
Largest trims
- ROYAL BANK OF CANADA$2M
- OSAIC HOLDINGS, INC.$284K
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 2,695,058 | $81M | 14.6% | 2026-Q1 |
| LPL Financial LLC added | 1,772,726 | $53M | 9.6% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,346,747 | $40M | 7.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,303,530 | $39M | 7.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 900,000 | $27M | 4.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 849,362 | $25M | 4.6% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 833,131 | $25M | 4.5% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 758,297 | $23M | 4.1% | 2026-Q1 |
| UBS Group AG added | 677,564 | $20M | 3.7% | 2026-Q1 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management added | 617,179 | $18M | 3.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 444,848 | $13M | 2.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 443,763 | $13M | 2.4% | 2026-Q1 |
| TCP Asset Management, LLC new | 440,485 | $13M | 2.4% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 379,901 | $11M | 2.1% | 2026-Q1 |
| Cetera Investment Advisers added | 365,701 | $11M | 2.0% | 2026-Q1 |
| ASSETMARK, INC added | 321,004 | $10M | 1.7% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD | 313,808 | $9M | 1.7% | 2026-Q1 |
| Private Advisor Group, LLC added | 280,508 | $8M | 1.5% | 2026-Q1 |
| Bank of New York Mellon Corp added | 228,038 | $7M | 1.2% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 155,246 | $5M | 0.8% | 2026-Q1 |
| HighTower Advisors, LLC added | 150,949 | $5M | 0.8% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 141,157 | $4M | 0.8% | 2026-Q1 |
| GREENUP STREET WEALTH MANAGEMENT LLC new | 136,844 | $4M | 0.7% | 2026-Q1 |
| Atria Investments, Inc added | 118,473 | $4M | 0.6% | 2026-Q1 |
| Prospera Financial Services Inc added | 109,087 | $3M | 0.6% | 2026-Q1 |
| IFP Advisors, Inc added | 108,174 | $3M | 0.6% | 2026-Q1 |
| Kingsview Wealth Management, LLC trimmed | 92,729 | $3M | 0.5% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 92,588 | $3M | 0.5% | 2026-Q1 |
| Wagner Wealth Management, Corp new | 92,316 | $3M | 0.5% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 82,441 | $2M | 0.5% | 2026-Q1 |
| CWM, LLC added | 79,359 | $2M | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 74,584 | $2M | 0.4% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 69,621 | $2M | 0.4% | 2026-Q1 |
| AE Wealth Management LLC added | 67,932 | $2M | 0.4% | 2026-Q1 |
| Midwest Financial Group LLC trimmed | 66,970 | $2M | 0.4% | 2026-Q1 |
| Orion Porfolio Solutions, LLC added | 62,123 | $2M | 0.3% | 2026-Q1 |
| Rathbones Group PLC added | 59,637 | $2M | 0.3% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 58,981 | $2M | 0.3% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC added | 57,682 | $2M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 53,934 | $2M | 0.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 50,904 | $2M | 0.3% | 2026-Q1 |
| OneAscent Financial Services LLC added | 47,884 | $1M | 0.3% | 2026-Q1 |
| VestGen Advisors, LLC trimmed | 43,209 | $1M | 0.3% | 2026-Q1 |
| Greenwich Wealth Management LLC new | 46,545 | $1M | 0.3% | 2026-Q1 |
| Chicago Partners Investment Group LLC added | 40,273 | $1M | 0.2% | 2026-Q1 |
| IMG Wealth Management, Inc. new | 42,652 | $1M | 0.2% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 43,269 | $1M | 0.2% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 41,952 | $1M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 41,843 | $1M | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 38,175 | $1M | 0.2% | 2026-Q1 |
| Snowden Capital Advisors LLC trimmed | 37,880 | $1M | 0.2% | 2026-Q1 |
| Pacific Excel Wealth Advisors, Inc. added | 35,240 | $1M | 0.2% | 2026-Q1 |
| IAMS WEALTH MANAGEMENT, LLC added | 33,990 | $1M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP added | 33,777 | $1M | 0.2% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 33,395 | $1M | 0.2% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 32,884 | $996K | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV new | 31,283 | $937K | 0.2% | 2026-Q1 |
| Aprio Wealth Management, LLC added | 31,089 | $931K | 0.2% | 2026-Q1 |
| Crusonia Wealth Advisors LLC added | 28,055 | $840K | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 24,884 | $745K | 0.1% | 2026-Q1 |
| Focus Financial Network, Inc. new | 24,469 | $733K | 0.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 24,376 | $730K | 0.1% | 2026-Q1 |
| HBW ADVISORY SERVICES LLC added | 23,395 | $701K | 0.1% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 22,650 | $678K | 0.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC | 22,470 | $673K | 0.1% | 2026-Q1 |
| NewEdge Wealth, LLC added | 21,859 | $655K | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 19,588 | $587K | 0.1% | 2026-Q1 |
| Richmond Investment Services, LLC trimmed | 19,557 | $586K | 0.1% | 2026-Q1 |
| Formidable Asset Management, LLC added | 19,366 | $530K | 0.1% | 2026-Q1 |
| RFG Advisory, LLC added | 16,618 | $498K | 0.1% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. added | 16,614 | $498K | 0.1% | 2026-Q1 |
| Higgins & Schmidt Wealth Strategies LLC | 14,375 | $431K | 0.1% | 2026-Q1 |
| Trueblood Wealth Management, LLC added | 14,329 | $429K | 0.1% | 2026-Q1 |
| Equitable Holdings, Inc. added | 15,357 | $420K | 0.1% | 2026-Q1 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC added | 13,648 | $409K | 0.1% | 2026-Q1 |
| OPPENHEIMER & CO INC trimmed | 13,505 | $405K | 0.1% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 12,632 | $378K | 0.1% | 2026-Q1 |
| LaSalle St. Investment Advisors, LLC trimmed | 12,546 | $376K | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 12,227 | $366K | 0.1% | 2026-Q1 |
| CENTAURUS FINANCIAL, INC. added | 11,820 | $354K | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 10,330 | $309K | 0.1% | 2026-Q1 |
| Arkadios Wealth Advisors added | 10,262 | $307K | 0.1% | 2026-Q1 |
| WEDBUSH SECURITIES INC new | 9,825 | $294K | 0.1% | 2026-Q1 |
| Mariner, LLC | 9,695 | $290K | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 9,679 | $290K | 0.1% | 2026-Q1 |
| Pinnacle Family Advisors, LLC trimmed | 9,613 | $288K | 0.1% | 2026-Q1 |
| FSB PREMIER WEALTH MANAGEMENT, INC. trimmed | 9,338 | $280K | 0.1% | 2026-Q1 |
| Balboa Wealth Partners added | 9,206 | $276K | 0.0% | 2026-Q1 |
| MEITAV INVESTMENT HOUSE LTD | 8,893 | $266K | 0.0% | 2026-Q1 |
| Element Wealth, LLC trimmed | 8,823 | $264K | 0.0% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 105,041 | $3M | 0.5% | 2025-Q3 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 58,165 | $1M | 0.3% | 2025-Q2 stale |
| WORLD EQUITY GROUP, INC. added | 42,491 | $1M | 0.2% | 2025-Q3 stale |
| Coppell Advisory Solutions LLC added | 37,539 | $1M | 0.2% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC trimmed | 37,671 | $861K | 0.2% | 2025-Q1 stale |
| Atria Wealth Solutions, Inc. added | 29,543 | $675K | 0.1% | 2025-Q1 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 23,748 | $650K | 0.1% | 2025-Q4 stale |
| COMERICA BANK trimmed | 15,094 | $413K | 0.1% | 2025-Q4 stale |
| Sebold Capital Management, Inc. trimmed | 15,582 | $383K | 0.1% | 2025-Q2 stale |
| Pine Valley Investments Ltd Liability Co added | 13,763 | $376K | 0.1% | 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.
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.