Who owns FEMS
Which tracked institutional funds hold FEMS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FEMS 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 FEMS is one-sided between 2025-Q4 and 2026-Q1: 23 added or opened and 6 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
FEMS’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 FEMS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FEMS 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 68 tracked filers holding FEMS, 38 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 FEMS 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
- Independent Advisor Alliance$3M
Full exits 2
- OPPENHEIMER & CO INC$927K
- LeClair Wealth Partners LLC$775K
Largest adds
- WELLS FARGO & COMPANY/MN$3M
- MORGAN STANLEY$2M
- RAYMOND JAMES FINANCIAL INC$1M
- LPL Financial LLC$778K
- FLOW TRADERS U.S. LLC$775K
- Integrated Wealth Concepts LLC$665K
Largest trims
- JANE STREET GROUP, LLC$2M
- Trivium Point Advisory, LLC$2M
- 626 Financial, LLC$539K
- OLD MISSION CAPITAL LLC$518K
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 | 499,825 | $23M | 14.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 391,874 | $18M | 11.5% | 2026-Q1 |
| LPL Financial LLC trimmed | 242,763 | $11M | 7.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 220,211 | $10M | 6.5% | 2026-Q1 |
| Beta Wealth Group, Inc. trimmed | 194,720 | $9M | 5.7% | 2026-Q1 |
| 626 Financial, LLC trimmed | 140,372 | $6M | 4.1% | 2026-Q1 |
| Arax Advisory Partners added | 135,116 | $6M | 4.0% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 121,082 | $6M | 3.5% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 95,316 | $4M | 2.7% | 2026-Q1 |
| FLOW TRADERS U.S. LLC added | 90,792 | $4M | 2.7% | 2026-Q1 |
| VestGen Advisors, LLC added | 73,182 | $3M | 2.3% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 7,182 | $3M | 2.2% | 2026-Q1 |
| Cetera Investment Advisers added | 74,175 | $3M | 2.2% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 72,428 | $3M | 2.1% | 2026-Q1 |
| Archer Investment Corp added | 69,100 | $3M | 2.0% | 2026-Q1 |
| Crusonia Wealth Advisors LLC trimmed | 54,276 | $2M | 1.6% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 52,484 | $2M | 1.5% | 2026-Q1 |
| HBW ADVISORY SERVICES LLC added | 51,240 | $2M | 1.5% | 2026-Q1 |
| Cornerstone Planning Group LLC trimmed | 47,905 | $2M | 1.5% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 50,296 | $2M | 1.5% | 2026-Q1 |
| UBS Group AG trimmed | 50,280 | $2M | 1.5% | 2026-Q1 |
| Quad-Cities Investment Group, LLC added | 45,257 | $2M | 1.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 41,798 | $2M | 1.2% | 2026-Q1 |
| Baird Financial Group, Inc. added | 40,888 | $2M | 1.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 30,833 | $1M | 0.9% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 29,270 | $1M | 0.9% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 28,394 | $1M | 0.8% | 2026-Q1 |
| CWM, LLC added | 24,711 | $1M | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 23,960 | $1M | 0.7% | 2026-Q1 |
| Trivium Point Advisory, LLC trimmed | 17,173 | $782K | 0.5% | 2026-Q1 |
| OLD MISSION CAPITAL LLC trimmed | 16,904 | $770K | 0.5% | 2026-Q1 |
| SFI Advisors, LLC trimmed | 16,084 | $733K | 0.5% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 15,712 | $716K | 0.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 14,464 | $659K | 0.4% | 2026-Q1 |
| RVW Wealth, LLC added | 13,604 | $620K | 0.4% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 13,407 | $611K | 0.4% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 12,559 | $572K | 0.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 11,746 | $535K | 0.3% | 2026-Q1 |
| Western Wealth Management, LLC trimmed | 11,042 | $503K | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 10,723 | $488K | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 10,626 | $484K | 0.3% | 2026-Q1 |
| Richmond Investment Services, LLC added | 9,206 | $419K | 0.3% | 2026-Q1 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV added | 8,778 | $400K | 0.3% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 7,398 | $339K | 0.2% | 2026-Q1 |
| Equitable Holdings, Inc. added | 7,125 | $300K | 0.2% | 2026-Q1 |
| Migdal Insurance & Financial Holdings Ltd. new | 6,500 | $296K | 0.2% | 2026-Q1 |
| SUMMIT WEALTH GROUP LLC / CO new | 5,387 | $245K | 0.2% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. trimmed | 5,339 | $243K | 0.2% | 2026-Q1 |
| PRIVATE TRUST CO NA added | 5,318 | $242K | 0.2% | 2026-Q1 |
| Indivisible Partners added | 5,263 | $240K | 0.2% | 2026-Q1 |
| STONEHAVEN WEALTH & TAX SOLUTIONS, LLC added | 5,052 | $230K | 0.1% | 2026-Q1 |
| Pinnacle Bancorp, Inc. | 4,880 | $222K | 0.1% | 2026-Q1 |
| Merit Financial Group, LLC trimmed | 4,824 | $220K | 0.1% | 2026-Q1 |
| American Financial Advisors, LLC trimmed | 4,675 | $213K | 0.1% | 2026-Q1 |
| Spire Wealth Management added | 3,987 | $182K | 0.1% | 2026-Q1 |
| Sankala Group LLC trimmed | 1,754 | $79K | 0.1% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 1,100 | $50K | 0.0% | 2026-Q1 |
| Geneos Wealth Management Inc. | 1,066 | $49K | 0.0% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 934 | $43K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 902 | $41K | 0.0% | 2026-Q1 |
| Cassaday & Co Wealth Management LLC new | 243 | $11K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 231 | $10K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc | 150 | $7K | 0.0% | 2026-Q1 |
| AE Wealth Management LLC | 104 | $5K | 0.0% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. trimmed | 97 | $4K | 0.0% | 2026-Q1 |
| Davis Capital Management | 34 | $2K | 0.0% | 2026-Q1 |
| Trust Co | 14 | $638 | 0.0% | 2026-Q1 |
| Hilton Head Capital Partners, LLC | 6 | $273 | 0.0% | 2026-Q1 |
| WORLD EQUITY GROUP, INC. added | 25,778 | $1M | 0.7% | 2025-Q3 stale |
| OPPENHEIMER & CO INC added | 22,032 | $927K | 0.6% | 2025-Q4 stale |
| LeClair Wealth Partners LLC trimmed | 18,413 | $775K | 0.5% | 2025-Q4 stale |
| BANK OF AMERICA CORP /DE/ trimmed | 10,092 | $425K | 0.3% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 7,810 | $317K | 0.2% | 2025-Q2 stale |
| Kestra Advisory Services, LLC trimmed | 1,624 | $68K | 0.0% | 2025-Q4 stale |
| Global Retirement Partners, LLC | 1,311 | $55K | 0.0% | 2025-Q4 stale |
| Ameritas Advisory Services, LLC trimmed | 1,193 | $53K | 0.0% | 2025-Q3 stale |
| Blue Trust, Inc. added | 1,050 | $39K | 0.0% | 2025-Q1 stale |
| COMERICA BANK | 908 | $38K | 0.0% | 2025-Q4 stale |
| IMG Wealth Management, Inc. | 601 | $22K | 0.0% | 2025-Q1 stale |
| Hexagon Capital Partners LLC | 416 | $15K | 0.0% | 2025-Q1 stale |
| Glassman Wealth Services new | 255 | $9K | 0.0% | 2025-Q1 stale |
| Harbor Asset Planning, Inc. added | 176 | $7K | 0.0% | 2025-Q4 stale |
| Allworth Financial LP | 135 | $6K | 0.0% | 2025-Q4 stale |
| COLDSTREAM CAPITAL MANAGEMENT INC new | 150 | $6K | 0.0% | 2025-Q1 stale |
| CITIGROUP INC | 25 | $929 | 0.0% | 2025-Q1 stale |
| JFS WEALTH ADVISORS, LLC | 1 | $39 | 0.0% | 2025-Q1 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.