Who owns FESM (FESM)
Which tracked institutional funds hold FESM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FESM 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 FESM is one-sided between 2025-Q4 and 2026-Q1: 98 added or opened and 18 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
FESM’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.1pp gap the other way — the median holder sizes FESM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FESM 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 209 tracked filers holding FESM, 160 increased or opened the position and 56 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 FESM 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 23
- FIFTH THIRD BANCORP$106M
- KFG WEALTH MANAGEMENT, LLC$16M
- Stadion Money Management, LLC$16M
- HighPoint Advisor Group LLC$12M
- RIVERSEDGE ADVISORS, LLC$6M
- Richard W. Paul & Associates, LLC$5M
Full exits 10
- Global Retirement Partners, LLC$5M
- NewEdge Advisors, LLC$4M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- IFG Advisory, LLC$2M
- Tower Research Capital LLC (TRC)$2M
- CITADEL ADVISORS LLC$1M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$126M
- Prime Capital Investment Advisors, LLC$104M
- AMERIPRISE FINANCIAL INC$75M
- Calamos Advisors LLC$38M
- RAYMOND JAMES FINANCIAL INC$36M
- LPL Financial LLC$33M
Largest trims
- SAGESPRING WEALTH PARTNERS, LLC$11M
- FMR LLC$5M
- JPMORGAN CHASE & CO$2M
- LITTLE HOUSE CAPITAL LLC$789K
- Savvy Advisors, Inc.$724K
- Sunbelt Securities, Inc.$561K
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 |
|---|---|---|---|---|
| FMR LLC trimmed | 26,855,211 | $1.0B | 31.0% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 6,033,120 | $229M | 7.0% | 2026-Q1 |
| LPL Financial LLC added | 5,124,645 | $195M | 5.9% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 3,749,748 | $142M | 4.3% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC added | 3,113,064 | $118M | 3.6% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 2,784,388 | $106M | 3.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 2,331,165 | $89M | 2.7% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 2,244,419 | $85M | 2.6% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,132,405 | $81M | 2.5% | 2026-Q1 |
| Cetera Investment Advisers added | 1,962,108 | $75M | 2.3% | 2026-Q1 |
| Dynasty Wealth Management, LLC added | 1,810,612 | $69M | 2.1% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 1,833,593 | $67M | 2.1% | 2026-Q1 |
| Quotient Wealth Partners, LLC trimmed | 1,750,838 | $67M | 2.0% | 2026-Q1 |
| VANTAGEPOINT INVESTMENT ADVISERS LLC | 1,404,752 | $53M | 1.6% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 1,338,806 | $51M | 1.5% | 2026-Q1 |
| MORGAN STANLEY added | 1,321,302 | $50M | 1.5% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,220,056 | $46M | 1.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,060,363 | $40M | 1.2% | 2026-Q1 |
| Calamos Advisors LLC added | 1,053,734 | $40M | 1.2% | 2026-Q1 |
| Calamos Wealth Management LLC added | 1,011,631 | $38M | 1.2% | 2026-Q1 |
| TruWealth Advisors, LLC added | 923,152 | $35M | 1.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 871,856 | $33M | 1.0% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 860,278 | $33M | 1.0% | 2026-Q1 |
| Capital Analysts, LLC added | 841,857 | $32M | 1.0% | 2026-Q1 |
| Focus Financial Network, Inc. added | 727,780 | $28M | 0.8% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 712,371 | $27M | 0.8% | 2026-Q1 |
| KFG WEALTH MANAGEMENT, LLC new | 429,616 | $16M | 0.5% | 2026-Q1 |
| Stadion Money Management, LLC new | 412,569 | $16M | 0.5% | 2026-Q1 |
| Baird Financial Group, Inc. added | 377,214 | $14M | 0.4% | 2026-Q1 |
| Parkside Investments, LLC added | 360,173 | $14M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 357,112 | $14M | 0.4% | 2026-Q1 |
| LITTLE HOUSE CAPITAL LLC trimmed | 330,362 | $13M | 0.4% | 2026-Q1 |
| HighPoint Advisor Group LLC new | 326,752 | $12M | 0.4% | 2026-Q1 |
| Summit Investment Advisory Services, LLC trimmed | 321,361 | $12M | 0.4% | 2026-Q1 |
| Berger Financial Group, Inc added | 314,436 | $12M | 0.4% | 2026-Q1 |
| DAHRING | CUSMANO LLC added | 306,710 | $12M | 0.4% | 2026-Q1 |
| Mayfair Advisory Group, LLC added | 281,068 | $11M | 0.3% | 2026-Q1 |
| Landing Point Financial Group, LLC added | 269,165 | $10M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 237,178 | $9M | 0.3% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 234,700 | $9M | 0.3% | 2026-Q1 |
| Mutual Advisors, LLC added | 212,154 | $8M | 0.2% | 2026-Q1 |
| Ausdal Financial Partners, Inc. added | 209,694 | $8M | 0.2% | 2026-Q1 |
| Salus Financial Advisors, LLC trimmed | 198,331 | $8M | 0.2% | 2026-Q1 |
| Modus Advisors, LLC added | 176,088 | $7M | 0.2% | 2026-Q1 |
| RIVERSEDGE ADVISORS, LLC new | 169,186 | $6M | 0.2% | 2026-Q1 |
| Holos Integrated Wealth LLC added | 157,192 | $6M | 0.2% | 2026-Q1 |
| American National Bank of Texas trimmed | 160,425 | $6M | 0.2% | 2026-Q1 |
| Milestone Investment Advisors LLC added | 159,792 | $6M | 0.2% | 2026-Q1 |
| UBS Group AG added | 154,009 | $6M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 151,712 | $6M | 0.2% | 2026-Q1 |
| RETIREMENT INCOME SOLUTIONS, INC added | 150,039 | $6M | 0.2% | 2026-Q1 |
| Equitable Holdings, Inc. added | 145,081 | $5M | 0.2% | 2026-Q1 |
| Richard W. Paul & Associates, LLC new | 142,132 | $5M | 0.2% | 2026-Q1 |
| Mariner, LLC added | 140,061 | $5M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 139,293 | $5M | 0.2% | 2026-Q1 |
| First Heartland Consultants, Inc. trimmed | 137,672 | $5M | 0.2% | 2026-Q1 |
| Atria Investments, Inc trimmed | 135,162 | $5M | 0.2% | 2026-Q1 |
| tru Independence LLC added | 131,354 | $5M | 0.2% | 2026-Q1 |
| CROBAN added | 130,070 | $5M | 0.2% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 129,933 | $5M | 0.2% | 2026-Q1 |
| TD PRIVATE CLIENT WEALTH LLC added | 128,192 | $5M | 0.1% | 2026-Q1 |
| IAG Wealth Partners, LLC added | 121,321 | $5M | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC added | 120,995 | $5M | 0.1% | 2026-Q1 |
| Marble Wealth, LLC new | 119,627 | $5M | 0.1% | 2026-Q1 |
| Integrated Capital Management, LLC new | 117,289 | $4M | 0.1% | 2026-Q1 |
| Armor Investment Advisors, LLC new | 111,093 | $4M | 0.1% | 2026-Q1 |
| KMG FIDUCIARY PARTNERS, LLC new | 110,681 | $4M | 0.1% | 2026-Q1 |
| Carolina Wealth Advisors, LLC added | 109,449 | $4M | 0.1% | 2026-Q1 |
| Founders Financial Alliance, LLC added | 105,302 | $4M | 0.1% | 2026-Q1 |
| LINCOLN CAPITAL CORP added | 103,654 | $4M | 0.1% | 2026-Q1 |
| FMA Wealth Management, LLC added | 87,984 | $3M | 0.1% | 2026-Q1 |
| &PARTNERS added | 80,258 | $3M | 0.1% | 2026-Q1 |
| INVESTMENT ADVISORY SERVICES INC /TX /ADV added | 78,873 | $3M | 0.1% | 2026-Q1 |
| TABLEAUX LLC trimmed | 75,285 | $3M | 0.1% | 2026-Q1 |
| Independent Advisor Alliance new | 70,647 | $3M | 0.1% | 2026-Q1 |
| Soltis Investment Advisors LLC added | 68,877 | $3M | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 68,367 | $3M | 0.1% | 2026-Q1 |
| Clearwave Capital, LLC added | 68,321 | $3M | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 67,651 | $3M | 0.1% | 2026-Q1 |
| Smartleaf Asset Management LLC new | 66,996 | $2M | 0.1% | 2026-Q1 |
| Gallagher Fiduciary Advisors, LLC added | 63,817 | $2M | 0.1% | 2026-Q1 |
| GREENWOOD CAPITAL ASSOCIATES LLC added | 63,688 | $2M | 0.1% | 2026-Q1 |
| PFG Advisors added | 58,076 | $2M | 0.1% | 2026-Q1 |
| Breakwater Capital Group added | 57,407 | $2M | 0.1% | 2026-Q1 |
| Valmark Advisers, Inc. added | 56,923 | $2M | 0.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 56,615 | $2M | 0.1% | 2026-Q1 |
| PKS Advisory Services, LLC trimmed | 55,959 | $2M | 0.1% | 2026-Q1 |
| Investmark Advisory Group LLC added | 55,904 | $2M | 0.1% | 2026-Q1 |
| PENOBSCOT WEALTH MANAGEMENT new | 54,530 | $2M | 0.1% | 2026-Q1 |
| Horizon Investment Services, LLC added | 51,016 | $2M | 0.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP new | 425,876 | $16M | 0.5% | 2025-Q3 stale |
| GOLDMAN SACHS GROUP INC added | 180,325 | $6M | 0.2% | 2025-Q2 stale |
| Global Retirement Partners, LLC added | 137,069 | $5M | 0.2% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 160,659 | $5M | 0.2% | 2025-Q2 stale |
| Otter Creek Advisors, LLC new | 124,000 | $5M | 0.1% | 2025-Q3 stale |
| Atria Wealth Solutions, Inc. added | 133,565 | $4M | 0.1% | 2025-Q2 stale |
| NewEdge Advisors, LLC added | 99,498 | $4M | 0.1% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 61,482 | $2M | 0.1% | 2025-Q4 stale |
| JANE STREET GROUP, LLC trimmed | 57,853 | $2M | 0.1% | 2025-Q3 stale |
| FLOW TRADERS U.S. LLC trimmed | 53,973 | $2M | 0.1% | 2025-Q3 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.