Who owns FEZ (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-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
58 tracked funds added or opened FEZ while 71 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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, FLOW TRADERS U.S. LLC, sizes it at 9.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 9.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
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 2025-Q4 and 2026-Q1, across 336 tracked filers holding FEZ, 168 increased or opened the position and 140 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 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 17
- FLOW TRADERS U.S. LLC$287M
- Financial Management Professionals, Inc.$9M
- Jain Global LLC$7M
- Arch Global Advisors, LLC$5M
- TTP Investments, Inc.$5M
- Point72 Asset Management, L.P.$5M
Full exits 20
- Southern Farm Bureau Life Insurance$52M
- Allianz Asset Management GmbH$20M
- SSA SWISS ADVISORS AG$6M
- Jackson Wealth Management, LLC$6M
- SCHRODER INVESTMENT MANAGEMENT GROUP$4M
- GTS SECURITIES LLC$3M
Largest adds
- CITADEL ADVISORS LLC$98M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$39M
- JANE STREET GROUP, LLC$30M
- UBS Group AG$19M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$11M
- MORGAN STANLEY$9M
Largest trims
- JPMORGAN CHASE & CO$497M
- PRUDENTIAL PLC$46M
- 1607 Capital Partners, LLC$27M
- Bensler, LLC$21M
- Allspring Global Investments Holdings, LLC$21M
- Robinhood Asset Management, LLC$21M
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 |
|---|---|---|---|---|
| FLOW TRADERS U.S. LLC added | 4,630,867 | $287M | 11.0% | 2026-Q1 |
| MORGAN STANLEY added | 3,680,149 | $228M | 8.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 3,386,174 | $210M | 8.1% | 2026-Q1 |
| 1607 Capital Partners, LLC trimmed | 2,350,515 | $146M | 5.6% | 2026-Q1 |
| UBS Group AG added | 2,261,689 | $140M | 5.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 1,997,800 | $124M | 4.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 1,941,448 | $121M | 4.6% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,606,240 | $100M | 3.8% | 2026-Q1 |
| LPL Financial LLC added | 1,139,143 | $71M | 2.7% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 1,127,469 | $67M | 2.6% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC trimmed | 1,070,569 | $66M | 2.6% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 674,120 | $42M | 1.6% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 610,964 | $38M | 1.5% | 2026-Q1 |
| PGIM Custom Harvest LLC added | 571,784 | $35M | 1.4% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 549,689 | $35M | 1.4% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 567,680 | $35M | 1.4% | 2026-Q1 |
| PRUDENTIAL PLC trimmed | 529,169 | $33M | 1.3% | 2026-Q1 |
| Robinhood Asset Management, LLC trimmed | 390,740 | $24M | 0.9% | 2026-Q1 |
| Piedmont Capital Management, LLC added | 382,422 | $24M | 0.9% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 373,220 | $23M | 0.9% | 2026-Q1 |
| SCOTIA CAPITAL INC. added | 371,419 | $23M | 0.9% | 2026-Q1 |
| CITIGROUP INC trimmed | 348,175 | $22M | 0.8% | 2026-Q1 |
| SUMITOMO LIFE INSURANCE CO trimmed | 321,200 | $20M | 0.8% | 2026-Q1 |
| Fisher Asset Management, LLC trimmed | 311,582 | $19M | 0.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 293,270 | $18M | 0.7% | 2026-Q1 |
| MATAURO, LLC added | 284,750 | $18M | 0.7% | 2026-Q1 |
| COURIER CAPITAL LLC added | 254,737 | $16M | 0.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 253,766 | $16M | 0.6% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 232,271 | $14M | 0.6% | 2026-Q1 |
| Circle Wealth Management, LLC added | 229,718 | $14M | 0.5% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 213,627 | $13M | 0.5% | 2026-Q1 |
| Atlantic Union Bankshares Corp added | 205,130 | $13M | 0.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 205,122 | $13M | 0.5% | 2026-Q1 |
| Wealthspire Retirement, LLC added | 189,156 | $12M | 0.5% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 188,913 | $12M | 0.5% | 2026-Q1 |
| Cerity Partners LLC trimmed | 179,866 | $11M | 0.4% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 176,784 | $11M | 0.4% | 2026-Q1 |
| Financial Enhancement Group LLC added | 151,373 | $10M | 0.4% | 2026-Q1 |
| Almanack Investment Partners, LLC. trimmed | 164,736 | $10M | 0.4% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 164,201 | $10M | 0.4% | 2026-Q1 |
| GFS Advisors, LLC trimmed | 156,277 | $10M | 0.4% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added | 150,851 | $9M | 0.4% | 2026-Q1 |
| Financial Management Professionals, Inc. added | 145,607 | $9M | 0.3% | 2026-Q1 |
| ASHFORD CAPITAL MANAGEMENT INC added | 141,178 | $9M | 0.3% | 2026-Q1 |
| Koshinski Asset Management, Inc. added | 129,379 | $8M | 0.3% | 2026-Q1 |
| NTV Asset Management LLC added | 126,842 | $8M | 0.3% | 2026-Q1 |
| Gladstone Institutional Advisory LLC added | 125,721 | $8M | 0.3% | 2026-Q1 |
| Harel Insurance Investments & Financial Services Ltd. added | 121,558 | $8M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 117,679 | $7M | 0.3% | 2026-Q1 |
| Jain Global LLC added | 115,000 | $7M | 0.3% | 2026-Q1 |
| BARCLAYS PLC trimmed | 113,161 | $7M | 0.3% | 2026-Q1 |
| Allie Family Office LLC added | 110,149 | $7M | 0.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 110,035 | $7M | 0.3% | 2026-Q1 |
| Private Wealth Advisors, LLC added | 107,477 | $7M | 0.3% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 105,426 | $7M | 0.3% | 2026-Q1 |
| LEVEL FOUR ADVISORY SERVICES, LLC added | 101,384 | $6M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 98,005 | $6M | 0.2% | 2026-Q1 |
| Vontobel Holding Ltd. added | 96,694 | $6M | 0.2% | 2026-Q1 |
| Arch Global Advisors, LLC new | 85,407 | $5M | 0.2% | 2026-Q1 |
| TTP Investments, Inc. added | 82,412 | $5M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 82,042 | $5M | 0.2% | 2026-Q1 |
| Redhawk Wealth Advisors, Inc. added | 81,292 | $5M | 0.2% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 80,000 | $5M | 0.2% | 2026-Q1 |
| Equitable Holdings, Inc. trimmed | 75,614 | $5M | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 76,151 | $5M | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 74,038 | $5M | 0.2% | 2026-Q1 |
| LFA - Lugano Financial Advisors SA added | 71,949 | $4M | 0.2% | 2026-Q1 |
| Demars Financial Group, LLC trimmed | 70,466 | $4M | 0.2% | 2026-Q1 |
| MAINSTAY CAPITAL MANAGEMENT LLC /ADV trimmed | 70,231 | $4M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 67,253 | $4M | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 66,964 | $4M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 67,024 | $4M | 0.2% | 2026-Q1 |
| Phoenix Financial Ltd. added | 63,572 | $4M | 0.2% | 2026-Q1 |
| Migdal Insurance & Financial Holdings Ltd. trimmed | 62,102 | $4M | 0.1% | 2026-Q1 |
| PKS Advisory Services, LLC added | 61,051 | $4M | 0.1% | 2026-Q1 |
| 3EDGE Asset Management, LP added | 61,958 | $4M | 0.1% | 2026-Q1 |
| WASHINGTON GROWTH STRATEGIES LLC added | 59,135 | $4M | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP trimmed | 59,073 | $4M | 0.1% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 57,951 | $4M | 0.1% | 2026-Q1 |
| Meridian Wealth Management, LLC added | 57,832 | $4M | 0.1% | 2026-Q1 |
| Summit Financial, LLC trimmed | 55,154 | $3M | 0.1% | 2026-Q1 |
| Del-Sette Capital Management, LLC trimmed | 54,796 | $3M | 0.1% | 2026-Q1 |
| Eagle Strategies LLC added | 53,947 | $3M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 53,500 | $3M | 0.1% | 2026-Q1 |
| Southern Farm Bureau Life Insurance | 802,765 | $52M | 2.0% | 2025-Q4 stale |
| Thrivent Financial for Lutherans added | 543,229 | $32M | 1.2% | 2025-Q2 stale |
| DEUTSCHE BANK AG\ trimmed | 547,050 | $30M | 1.1% | 2025-Q1 stale |
| Allianz Asset Management GmbH added | 318,200 | $20M | 0.8% | 2025-Q4 stale |
| Money Design Co.,Ltd. added | 208,020 | $12M | 0.5% | 2025-Q2 stale |
| Graypoint LLC added | 166,044 | $10M | 0.4% | 2025-Q2 stale |
| Good Life Advisors, LLC added | 151,398 | $9M | 0.3% | 2025-Q2 stale |
| Waterloo Capital, L.P. new | 143,852 | $8M | 0.3% | 2025-Q1 stale |
| SSA SWISS ADVISORS AG trimmed | 100,054 | $6M | 0.2% | 2025-Q4 stale |
| D. E. Shaw & Co., Inc. trimmed | 95,895 | $6M | 0.2% | 2025-Q3 stale |
| Jackson Wealth Management, LLC trimmed | 88,062 | $6M | 0.2% | 2025-Q4 stale |
| PARK AVENUE SECURITIES LLC added | 91,015 | $5M | 0.2% | 2025-Q2 stale |
| Peregrine Asset Advisers, Inc. new | 80,660 | $4M | 0.2% | 2025-Q1 stale |
| MARSHALL WACE, LLP trimmed | 63,393 | $4M | 0.1% | 2025-Q2 stale |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 56,079 | $4M | 0.1% | 2025-Q4 stale |
| One Capital Management, LLC trimmed | 64,847 | $4M | 0.1% | 2025-Q1 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.