Who owns FEZ
Which tracked institutional funds hold FEZ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FEZ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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
85 tracked funds added or opened FEZ while 66 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
FEZ’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 FEZ more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FEZ 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 336 tracked filers holding FEZ, 149 increased or opened the position and 173 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 FEZ 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 16
- TD Asset Management Inc$38M
- Jump Financial, LLC$5M
- BLUEFIN CAPITAL MANAGEMENT, LLC$4M
- SUMMIT SECURITIES GROUP LLC$4M
- AQR CAPITAL MANAGEMENT LLC$3M
- Clearstead Advisors, LLC$2M
Full exits 27
- FLOW TRADERS U.S. LLC$287M
- CITADEL ADVISORS LLC$124M
- Wealthspire Retirement, LLC$12M
- Almanack Investment Partners, LLC.$10M
- Harel Insurance Investments & Financial Services Ltd.$8M
- HighTower Advisors, LLC$6M
Largest adds
- JPMORGAN CHASE & CO$51M
- JANE STREET GROUP, LLC$26M
- MORGAN STANLEY$24M
- WELLS FARGO & COMPANY/MN$11M
- Allspring Global Investments Holdings, LLC$8M
- BANK OF NOVA SCOTIA$7M
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$41M
- 1607 Capital Partners, LLC$19M
- BANK OF AMERICA CORP /DE/$18M
- Robinhood Asset Management, LLC$13M
- GOLDMAN SACHS GROUP INC$10M
- Financial Management Professionals, Inc.$9M
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 | 3,682,990 | $253M | 12.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 2,804,934 | $193M | 9.4% | 2026-Q2 |
| UBS Group AG trimmed | 1,927,969 | $132M | 6.5% | 2026-Q2 |
| 1607 Capital Partners, LLC trimmed | 1,843,028 | $127M | 6.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,742,954 | $118M | 5.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,605,829 | $110M | 5.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 1,605,706 | $110M | 5.4% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 1,080,850 | $74M | 3.6% | 2026-Q2 |
| LPL Financial LLC trimmed | 1,064,472 | $73M | 3.6% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 892,467 | $61M | 3.0% | 2026-Q2 |
| PGIM Custom Harvest LLC added | 612,682 | $42M | 2.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 579,035 | $40M | 1.9% | 2026-Q2 |
| TD Asset Management Inc new | 558,700 | $38M | 1.9% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 505,184 | $31M | 1.5% | 2026-Q2 |
| PRUDENTIAL PLC trimmed | 376,882 | $26M | 1.3% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 372,368 | $26M | 1.2% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 370,471 | $25M | 1.2% | 2026-Q2 |
| MATAURO, LLC added | 313,480 | $22M | 1.0% | 2026-Q2 |
| Fisher Asset Management, LLC trimmed | 297,655 | $20M | 1.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 291,528 | $20M | 1.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 260,777 | $18M | 0.9% | 2026-Q2 |
| Piedmont Capital Management, LLC trimmed | 251,454 | $17M | 0.8% | 2026-Q2 |
| COURIER CAPITAL LLC trimmed | 246,024 | $17M | 0.8% | 2026-Q2 |
| SUMITOMO LIFE INSURANCE CO trimmed | 242,100 | $17M | 0.8% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 236,179 | $16M | 0.8% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 234,474 | $16M | 0.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 225,974 | $16M | 0.8% | 2026-Q2 |
| Circle Wealth Management, LLC trimmed | 220,720 | $15M | 0.7% | 2026-Q2 |
| CITIGROUP INC trimmed | 219,947 | $15M | 0.7% | 2026-Q2 |
| Atlantic Union Bankshares Corp trimmed | 203,360 | $14M | 0.7% | 2026-Q2 |
| Cerity Partners LLC added | 183,147 | $13M | 0.6% | 2026-Q2 |
| BROWN ADVISORY INC trimmed | 175,835 | $12M | 0.6% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 172,036 | $12M | 0.6% | 2026-Q2 |
| Robinhood Asset Management, LLC trimmed | 170,812 | $12M | 0.6% | 2026-Q2 |
| Private Wealth Advisors, LLC added | 139,494 | $10M | 0.5% | 2026-Q2 |
| Koshinski Asset Management, Inc. added | 138,655 | $10M | 0.5% | 2026-Q2 |
| Gladstone Institutional Advisory LLC added | 131,129 | $9M | 0.4% | 2026-Q2 |
| SSA SWISS ADVISORS AG added | 129,795 | $9M | 0.4% | 2026-Q2 |
| Financial Enhancement Group LLC trimmed | 129,738 | $9M | 0.4% | 2026-Q2 |
| ASHFORD CAPITAL MANAGEMENT INC trimmed | 129,014 | $9M | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 125,622 | $9M | 0.4% | 2026-Q2 |
| NTV Asset Management LLC trimmed | 125,496 | $9M | 0.4% | 2026-Q2 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 120,719 | $8M | 0.4% | 2026-Q2 |
| LYNX CAPITAL GROUP LTD /ADV added | 114,439 | $8M | 0.4% | 2026-Q2 |
| Allie Family Office LLC trimmed | 105,323 | $7M | 0.4% | 2026-Q2 |
| BANK OF NOVA SCOTIA added | 104,036 | $7M | 0.3% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 101,300 | $7M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 98,908 | $7M | 0.3% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 95,594 | $7M | 0.3% | 2026-Q2 |
| 3EDGE Asset Management, LP added | 95,073 | $7M | 0.3% | 2026-Q2 |
| Arch Global Advisors, LLC added | 88,980 | $6M | 0.3% | 2026-Q2 |
| Vontobel Holding Ltd. trimmed | 77,959 | $5M | 0.3% | 2026-Q2 |
| Jump Financial, LLC new | 77,197 | $5M | 0.3% | 2026-Q2 |
| Demars Financial Group, LLC added | 73,730 | $5M | 0.2% | 2026-Q2 |
| Redhawk Wealth Advisors, Inc. trimmed | 70,803 | $5M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 70,588 | $5M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 66,765 | $5M | 0.2% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 66,461 | $5M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 65,789 | $5M | 0.2% | 2026-Q2 |
| BLUEFIN CAPITAL MANAGEMENT, LLC new | 63,400 | $4M | 0.2% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec added | 62,159 | $4M | 0.2% | 2026-Q2 |
| Climber Capital SA | 61,979 | $4M | 0.2% | 2026-Q2 |
| SUMMIT SECURITIES GROUP LLC new | 60,600 | $4M | 0.2% | 2026-Q2 |
| WASHINGTON GROWTH STRATEGIES LLC added | 59,171 | $4M | 0.2% | 2026-Q2 |
| Meridian Wealth Management, LLC added | 58,781 | $4M | 0.2% | 2026-Q2 |
| Eagle Strategies LLC added | 58,764 | $4M | 0.2% | 2026-Q2 |
| Quantinno Capital Management LP trimmed | 58,484 | $4M | 0.2% | 2026-Q2 |
| PKS Advisory Services, LLC trimmed | 56,784 | $4M | 0.2% | 2026-Q2 |
| Summit Financial, LLC added | 56,165 | $4M | 0.2% | 2026-Q2 |
| Addison Capital Co added | 54,986 | $4M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 54,557 | $4M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC new | 50,596 | $3M | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 50,490 | $3M | 0.2% | 2026-Q2 |
| Jain Global LLC trimmed | 50,000 | $3M | 0.2% | 2026-Q2 |
| Upper Left Wealth Management, LLC added | 49,665 | $3M | 0.2% | 2026-Q2 |
| COLTON GROOME FINANCIAL ADVISORS, LLC trimmed | 46,027 | $3M | 0.2% | 2026-Q2 |
| LEVEL FOUR ADVISORY SERVICES, LLC trimmed | 45,759 | $3M | 0.2% | 2026-Q2 |
| QUATTRO FINANCIAL ADVISORS LLC added | 45,517 | $3M | 0.2% | 2026-Q2 |
| Karnit Road Accident Victims Compensation Fund added | 44,561 | $3M | 0.1% | 2026-Q2 |
| Marshall & Sterling Wealth Advisors Inc. added | 43,002 | $3M | 0.1% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 41,844 | $3M | 0.1% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT added | 41,658 | $3M | 0.1% | 2026-Q2 |
| LFA - Lugano Financial Advisors SA trimmed | 40,634 | $3M | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 40,396 | $3M | 0.1% | 2026-Q2 |
| Concord Wealth Partners trimmed | 40,028 | $3M | 0.1% | 2026-Q2 |
| STATE STREET CORP trimmed | 39,968 | $3M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 37,894 | $3M | 0.1% | 2026-Q2 |
| IMC-Chicago, LLC added | 37,766 | $3M | 0.1% | 2026-Q2 |
| Focus Partners Wealth trimmed | 37,751 | $3M | 0.1% | 2026-Q2 |
| Millington Financial Advisors, LLC added | 36,290 | $2M | 0.1% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 35,808 | $2M | 0.1% | 2026-Q2 |
| Walkner Condon Financial Advisors LLC trimmed | 35,353 | $2M | 0.1% | 2026-Q2 |
| Clearstead Advisors, LLC new | 33,700 | $2M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 33,242 | $2M | 0.1% | 2026-Q2 |
| Black Maple Capital Management LP | 31,800 | $2M | 0.1% | 2026-Q2 |
| NICOLET BANKSHARES INC added | 31,703 | $2M | 0.1% | 2026-Q2 |
| Global Assets Advisory, LLC added | 31,307 | $2M | 0.1% | 2026-Q2 |
| Phoenix Financial Ltd. trimmed | 30,293 | $2M | 0.1% | 2026-Q2 |
| SYKON CAPITAL LLC added | 30,225 | $2M | 0.1% | 2026-Q2 |
| SIG BROKERAGE, LP added | 29,700 | $2M | 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.