Who owns FFA (FFA)
Which tracked institutional funds hold FFA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FFA 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 FFA is one-sided between 2025-Q4 and 2026-Q1: 5 added or opened and 18 trimmed or exited — on balance reducing.
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
FFA’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 conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FFA 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 65 tracked filers holding FFA, 35 increased or opened the position and 29 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 FFA 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 2
- Clear Point Advisors Inc.$2M
- Advisors Asset Management, Inc.$839K
Full exits 4
- Cornerstone Advisors, LLC$2M
- Heritage Wealth Management, Inc.$1M
- Compound Planning, Inc.$687K
- Global Retirement Partners, LLC$535K
Largest adds
- WOLVERINE ASSET MANAGEMENT LLC$852K
- ENVESTNET ASSET MANAGEMENT INC$531K
- Shaker Financial Services, LLC$521K
Largest trims
- MORGAN STANLEY$2M
- GUGGENHEIM CAPITAL LLC$1M
- Exeter Financial, LLC$832K
- UBS Group AG$683K
- Invesco Ltd.$512K
- WELLS FARGO & COMPANY/MN$507K
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 | 1,782,851 | $36M | 25.9% | 2026-Q1 |
| Exeter Financial, LLC added | 579,022 | $12M | 8.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 525,213 | $11M | 7.6% | 2026-Q1 |
| Invesco Ltd. added | 422,987 | $9M | 6.1% | 2026-Q1 |
| Shaker Financial Services, LLC added | 334,855 | $7M | 4.9% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 269,863 | $6M | 3.9% | 2026-Q1 |
| UBS Group AG trimmed | 264,477 | $5M | 3.8% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 260,072 | $5M | 3.8% | 2026-Q1 |
| North Star Investment Management Corp. trimmed | 178,517 | $4M | 2.6% | 2026-Q1 |
| LPL Financial LLC trimmed | 172,002 | $4M | 2.5% | 2026-Q1 |
| Smith Asset Management Co., LLC trimmed | 153,242 | $3M | 2.2% | 2026-Q1 |
| Karpus Management, Inc. trimmed | 134,930 | $3M | 2.0% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC trimmed | 127,891 | $3M | 1.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 114,108 | $2M | 1.7% | 2026-Q1 |
| WOLVERINE ASSET MANAGEMENT LLC added | 109,223 | $2M | 1.6% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 90,312 | $2M | 1.3% | 2026-Q1 |
| Creative Planning trimmed | 79,728 | $2M | 1.2% | 2026-Q1 |
| Clear Point Advisors Inc. new | 26,385 | $2M | 1.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 73,429 | $1M | 1.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 61,154 | $1M | 0.9% | 2026-Q1 |
| PMG Family Office LLC added | 57,847 | $1M | 0.8% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 52,517 | $1M | 0.8% | 2026-Q1 |
| Waverly Advisors, LLC added | 48,892 | $997K | 0.7% | 2026-Q1 |
| Advisors Asset Management, Inc. trimmed | 41,132 | $839K | 0.6% | 2026-Q1 |
| D.A. DAVIDSON & CO. trimmed | 37,736 | $770K | 0.5% | 2026-Q1 |
| &PARTNERS trimmed | 32,978 | $673K | 0.5% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 30,597 | $624K | 0.4% | 2026-Q1 |
| Centurion Wealth Management LLC | 27,827 | $568K | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 26,297 | $536K | 0.4% | 2026-Q1 |
| Aurora Private Wealth, Inc. | 24,233 | $534K | 0.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 25,350 | $517K | 0.4% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 24,891 | $508K | 0.4% | 2026-Q1 |
| Opal Wealth Advisors, LLC trimmed | 21,116 | $431K | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 20,328 | $415K | 0.3% | 2026-Q1 |
| CWM, LLC added | 19,374 | $395K | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 19,322 | $394K | 0.3% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 17,260 | $352K | 0.3% | 2026-Q1 |
| Logan Stone Capital, LLC trimmed | 16,703 | $341K | 0.2% | 2026-Q1 |
| READYSTATE ASSET MANAGEMENT LP trimmed | 16,589 | $338K | 0.2% | 2026-Q1 |
| Cetera Investment Advisers added | 15,591 | $318K | 0.2% | 2026-Q1 |
| Koshinski Asset Management, Inc. | 14,812 | $302K | 0.2% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 14,081 | $287K | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 13,440 | $274K | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC | 13,117 | $268K | 0.2% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 12,813 | $265K | 0.2% | 2026-Q1 |
| WEST MICHIGAN ADVISORS, LLC added | 12,666 | $258K | 0.2% | 2026-Q1 |
| BROWN BROTHERS HARRIMAN & CO | 12,626 | $258K | 0.2% | 2026-Q1 |
| Proactive Wealth Strategies LLC new | 11,598 | $237K | 0.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP | 11,482 | $234K | 0.2% | 2026-Q1 |
| CIBC Asset Management Inc | 10,260 | $209K | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 8,891 | $181K | 0.1% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 8,034 | $164K | 0.1% | 2026-Q1 |
| Axiom Investment Management LLC new | 5,795 | $118K | 0.1% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 4,456 | $91K | 0.1% | 2026-Q1 |
| Global Assets Advisory, LLC new | 2,000 | $41K | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC | 1,600 | $33K | 0.0% | 2026-Q1 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC added | 1,351 | $28K | 0.0% | 2026-Q1 |
| CENTRAL TRUST Co | 1,000 | $20K | 0.0% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP new | 960 | $19K | 0.0% | 2026-Q1 |
| BEACON INVESTMENT ADVISORY SERVICES, INC. new | 900 | $18K | 0.0% | 2026-Q1 |
| AdvisorNet Financial, Inc added | 656 | $13K | 0.0% | 2026-Q1 |
| NewEdge Advisors, LLC | 12,130 | $12K | 0.0% | 2026-Q1 |
| Strategic Wealth Partners, Ltd. | 402 | $8K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO | 300 | $6K | 0.0% | 2026-Q1 |
| Key Financial Inc | 218 | $4K | 0.0% | 2026-Q1 |
| Cornerstone Advisors, LLC trimmed | 79,226 | $2M | 1.2% | 2025-Q4 stale |
| Heritage Wealth Management, Inc. trimmed | 50,242 | $1M | 0.8% | 2025-Q4 stale |
| Compound Planning, Inc. added | 31,217 | $687K | 0.5% | 2025-Q4 stale |
| Global Retirement Partners, LLC added | 24,318 | $535K | 0.4% | 2025-Q4 stale |
| PGIM Custom Harvest LLC | 21,060 | $453K | 0.3% | 2025-Q3 stale |
| COMERICA BANK trimmed | 14,064 | $310K | 0.2% | 2025-Q4 stale |
| Moloney Securities Asset Management, LLC added | 13,032 | $280K | 0.2% | 2025-Q3 stale |
| WEST BANCORPORATION INC | 12,096 | $266K | 0.2% | 2025-Q4 stale |
| STIFEL FINANCIAL CORP trimmed | 10,185 | $224K | 0.2% | 2025-Q4 stale |
| Certified Advisory Corp trimmed | 10,164 | $224K | 0.2% | 2025-Q4 stale |
| HighTower Advisors, LLC trimmed | 9,911 | $203K | 0.1% | 2025-Q2 stale |
| EverSource Wealth Advisors, LLC new | 7,993 | $172K | 0.1% | 2025-Q3 stale |
| SOUTH PLAINS FINANCIAL, INC. | 5,324 | $103K | 0.1% | 2025-Q1 stale |
| MARYLAND CAPITAL ADVISORS INC. | 3,731 | $72K | 0.1% | 2025-Q1 stale |
| Larson Financial Group LLC new | 3,325 | $64K | 0.0% | 2025-Q1 stale |
| PRIVATE TRUST CO NA new | 2,855 | $55K | 0.0% | 2025-Q1 stale |
| Ameritas Advisory Services, LLC added | 1,776 | $38K | 0.0% | 2025-Q3 stale |
| PRINCIPAL SECURITIES, INC. | 1,768 | $38K | 0.0% | 2025-Q3 stale |
| Beacon Capital Management, LLC | 1,880 | $36K | 0.0% | 2025-Q1 stale |
| CoreCap Advisors, LLC added | 1,100 | $24K | 0.0% | 2025-Q4 stale |
| Navalign, LLC new | 786 | $17K | 0.0% | 2025-Q4 stale |
| Clearstead Advisors, LLC | 450 | $9K | 0.0% | 2025-Q2 stale |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 416 | $9K | 0.0% | 2025-Q4 stale |
| Frazier Financial Advisors, LLC new | 25 | $551 | 0.0% | 2025-Q4 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.