Who owns FEX
Which tracked institutional funds hold FEX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FEX company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
50 tracked funds added or opened FEX while 18 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
FEX’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 FEX more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FEX 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 228 tracked filers holding FEX, 79 increased or opened the position and 103 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 FEX 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 4
- GTS SECURITIES LLC$4M
- BENJAMIN EDWARDS INC$2M
- JANE STREET GROUP, LLC$2M
- FIDUCIARY FINANCIAL ADVISORS$1M
Full exits 12
- Janney Montgomery Scott LLC$62M
- Cambridge Investment Research Advisors, Inc.$11M
- TCFG WEALTH MANAGEMENT, LLC$3M
- HighTower Advisors, LLC$2M
- Independent Advisor Alliance$2M
- CENTAURUS FINANCIAL, INC.$1M
Largest adds
- Modern Wealth Management, LLC$30M
- MORGAN STANLEY$20M
- &PARTNERS$12M
- OSAIC HOLDINGS, INC.$10M
- Ameritas Advisory Services, LLC$8M
- ROYAL BANK OF CANADA$7M
Largest trims
- LPL Financial LLC$10M
- BIP Wealth, LLC$7M
- MERCER GLOBAL ADVISORS INC /ADV$2M
- CITADEL ADVISORS LLC$2M
- Kestra Advisory Services, LLC$406K
- Richmond Investment Services, LLC$387K
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 1,064,684 | $149M | 16.7% | 2026-Q2 |
| LPL Financial LLC trimmed | 778,330 | $109M | 12.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 479,180 | $67M | 7.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 268,371 | $38M | 4.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 224,857 | $31M | 3.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 217,999 | $30M | 3.4% | 2026-Q2 |
| Modern Wealth Management, LLC added | 212,851 | $30M | 3.3% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 185,960 | $26M | 2.9% | 2026-Q2 |
| UBS Group AG trimmed | 184,252 | $26M | 2.9% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 175,394 | $25M | 2.7% | 2026-Q2 |
| HBK Sorce Advisory LLC trimmed | 174,191 | $24M | 2.7% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 156,941 | $22M | 2.5% | 2026-Q2 |
| &PARTNERS added | 137,868 | $18M | 2.1% | 2026-Q2 |
| Crusonia Wealth Advisors LLC trimmed | 132,071 | $18M | 2.1% | 2026-Q2 |
| SILVER OAK SECURITIES, INCORPORATED trimmed | 131,869 | $18M | 2.1% | 2026-Q2 |
| Private Advisor Group, LLC added | 130,523 | $18M | 2.0% | 2026-Q2 |
| Cetera Investment Advisers added | 120,610 | $17M | 1.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 86,559 | $12M | 1.4% | 2026-Q2 |
| Elevation Capital Advisory, LLC added | 84,534 | $12M | 1.3% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 66,153 | $9M | 1.0% | 2026-Q2 |
| Kingsview Wealth Management, LLC added | 61,448 | $9M | 1.0% | 2026-Q2 |
| BIP Wealth, LLC trimmed | 60,352 | $8M | 0.9% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 60,274 | $8M | 0.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 59,540 | $8M | 0.9% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 57,599 | $8M | 0.9% | 2026-Q2 |
| Chicago Partners Investment Group LLC trimmed | 54,293 | $7M | 0.8% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 48,559 | $7M | 0.7% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 47,635 | $7M | 0.7% | 2026-Q2 |
| Triumph Capital Management trimmed | 46,672 | $7M | 0.7% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 46,437 | $6M | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 42,213 | $6M | 0.7% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 34,990 | $5M | 0.5% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 32,844 | $5M | 0.5% | 2026-Q2 |
| KPP Advisory Services LLC added | 30,188 | $4M | 0.5% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 28,585 | $4M | 0.4% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 26,078 | $4M | 0.4% | 2026-Q2 |
| Baird Financial Group, Inc. added | 25,934 | $4M | 0.4% | 2026-Q2 |
| GTS SECURITIES LLC new | 25,392 | $4M | 0.4% | 2026-Q2 |
| TCFG Investment Advisors, LLC trimmed | 21,490 | $3M | 0.3% | 2026-Q2 |
| Keystone Wealth Services, LLC | 20,181 | $3M | 0.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 16,158 | $2M | 0.3% | 2026-Q2 |
| Belpointe Asset Management LLC trimmed | 16,135 | $2M | 0.3% | 2026-Q2 |
| AssuredPartners Investment Advisors, LLC trimmed | 15,877 | $2M | 0.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 15,645 | $2M | 0.2% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 15,476 | $2M | 0.2% | 2026-Q2 |
| OPPENHEIMER & CO INC trimmed | 15,402 | $2M | 0.2% | 2026-Q2 |
| Atlanta Consulting Group Advisors, LLC | 15,049 | $2M | 0.2% | 2026-Q2 |
| Focus Financial Network, Inc. trimmed | 14,735 | $2M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 14,593 | $2M | 0.2% | 2026-Q2 |
| Arkadios Wealth Advisors added | 14,019 | $2M | 0.2% | 2026-Q2 |
| Hershey Financial Advisers, LLC trimmed | 12,816 | $2M | 0.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 12,635 | $2M | 0.2% | 2026-Q2 |
| Focus Partners Wealth added | 12,390 | $2M | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 12,332 | $2M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 12,115 | $2M | 0.2% | 2026-Q2 |
| Summit Financial, LLC added | 12,103 | $2M | 0.2% | 2026-Q2 |
| Creative Planning trimmed | 11,907 | $2M | 0.2% | 2026-Q2 |
| Morey & Quinn Wealth Partners, LLC trimmed | 11,907 | $2M | 0.2% | 2026-Q2 |
| Golden State Wealth Management, LLC trimmed | 11,859 | $2M | 0.2% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 11,738 | $2M | 0.2% | 2026-Q2 |
| Wedmont Private Capital | 11,679 | $2M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 11,426 | $2M | 0.2% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 11,349 | $2M | 0.2% | 2026-Q2 |
| Kaydan Wealth Management, Inc. trimmed | 10,572 | $1M | 0.2% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 10,476 | $1M | 0.2% | 2026-Q2 |
| FMR LLC added | 10,419 | $1M | 0.2% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 10,187 | $1M | 0.2% | 2026-Q2 |
| Prosperity Consulting Group, LLC trimmed | 10,040 | $1M | 0.2% | 2026-Q2 |
| RIK SAYLOR FINANCIAL, INC. trimmed | 9,370 | $1M | 0.1% | 2026-Q2 |
| WETZEL INVESTMENT ADVISORS, INC. trimmed | 9,345 | $1M | 0.1% | 2026-Q2 |
| Ancora Advisors LLC trimmed | 8,970 | $1M | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 8,766 | $1M | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 8,745 | $1M | 0.1% | 2026-Q2 |
| Arax Advisory Partners added | 8,698 | $1M | 0.1% | 2026-Q2 |
| Farrell Financial LLC added | 8,511 | $1M | 0.1% | 2026-Q2 |
| PARK NATIONAL CORP /OH/ trimmed | 8,140 | $1M | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 8,111 | $1M | 0.1% | 2026-Q2 |
| COZAD ASSET MANAGEMENT INC | 7,365 | $1M | 0.1% | 2026-Q2 |
| Lido Advisors, LLC added | 7,172 | $1M | 0.1% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 6,828 | $955K | 0.1% | 2026-Q2 |
| Proactive Wealth Strategies LLC added | 6,403 | $895K | 0.1% | 2026-Q2 |
| Sterling Investment Advisors, Ltd. | 6,314 | $883K | 0.1% | 2026-Q2 |
| Transamerica Financial Advisors, LLC trimmed | 6,103 | $854K | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 5,490 | $768K | 0.1% | 2026-Q2 |
| Prospera Financial Services Inc trimmed | 5,454 | $763K | 0.1% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 5,353 | $749K | 0.1% | 2026-Q2 |
| WealthPlan Investment Management, LLC trimmed | 5,167 | $723K | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 5,100 | $713K | 0.1% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 4,866 | $681K | 0.1% | 2026-Q2 |
| DAYMARK WEALTH PARTNERS, LLC trimmed | 4,840 | $677K | 0.1% | 2026-Q2 |
| IHT Wealth Management, LLC added | 4,745 | $664K | 0.1% | 2026-Q2 |
| Gladstone Institutional Advisory LLC added | 4,631 | $648K | 0.1% | 2026-Q2 |
| Venture Visionary Partners LLC | 4,574 | $640K | 0.1% | 2026-Q2 |
| Regal Investment Advisors LLC trimmed | 4,565 | $639K | 0.1% | 2026-Q2 |
| Annex Advisory Services, LLC added | 4,415 | $618K | 0.1% | 2026-Q2 |
| HFG Advisors, Inc. | 4,323 | $605K | 0.1% | 2026-Q2 |
| Sargent Investment Group, LLC | 4,165 | $583K | 0.1% | 2026-Q2 |
| Fortis Capital Advisors, LLC | 4,000 | $559K | 0.1% | 2026-Q2 |
| Snowden Capital Advisors LLC trimmed | 3,850 | $539K | 0.1% | 2026-Q2 |
| FAS Wealth Partners, Inc. | 3,784 | $529K | 0.1% | 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.