Who owns 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-Q2 13F filings (latest filed 2026-08-21). 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
13 tracked funds added or opened FFA while 8 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
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 gap the other way — the median holder sizes FFA more heavily than its largest holder by dollar value does.
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 2026-Q1 and 2026-Q2, across 68 tracked filers holding FFA, 36 increased or opened the position and 25 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 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 2
- Heritage Wealth Management, Inc.$1M
- Global Retirement Partners, LLC$736K
Full exits 4
- Clear Point Advisors Inc.$2M
- Integrated Wealth Concepts LLC$1M
- Cambridge Investment Research Advisors, Inc.$536K
- Aurora Private Wealth, Inc.$534K
Largest adds
- MORGAN STANLEY$4M
- ALKEME WEALTH, LLC$1M
- Invesco Ltd.$1M
- RAYMOND JAMES FINANCIAL INC$1M
- Advisors Asset Management, Inc.$715K
- Shaker Financial Services, LLC$520K
Largest trims
- GUGGENHEIM CAPITAL LLC$591K
- WOLVERINE ASSET MANAGEMENT LLC$561K
- Steward Partners Investment Advisory, LLC$535K
- WELLS FARGO & COMPANY/MN$489K
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 | 1,809,892 | $40M | 26.6% | 2026-Q2 |
| ALKEME WEALTH, LLC added | 584,911 | $13M | 8.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 457,317 | $10M | 6.7% | 2026-Q2 |
| Invesco Ltd. added | 439,588 | $10M | 6.5% | 2026-Q2 |
| Shaker Financial Services, LLC trimmed | 328,741 | $7M | 4.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 291,345 | $7M | 4.3% | 2026-Q2 |
| UBS Group AG trimmed | 263,111 | $6M | 3.9% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 243,576 | $5M | 3.6% | 2026-Q2 |
| LPL Financial LLC added | 175,161 | $4M | 2.6% | 2026-Q2 |
| North Star Investment Management Corp. trimmed | 171,184 | $4M | 2.5% | 2026-Q2 |
| Smith Asset Management Co., LLC trimmed | 149,777 | $3M | 2.2% | 2026-Q2 |
| Karpus Management, Inc. trimmed | 134,313 | $3M | 2.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 117,567 | $3M | 1.7% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 95,323 | $2M | 1.4% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC trimmed | 90,264 | $2M | 1.3% | 2026-Q2 |
| Creative Planning trimmed | 78,215 | $2M | 1.2% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 74,570 | $2M | 1.1% | 2026-Q2 |
| Advisors Asset Management, Inc. added | 69,490 | $2M | 1.0% | 2026-Q2 |
| PMG Family Office LLC added | 58,460 | $1M | 0.9% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 54,896 | $1M | 0.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 48,855 | $1M | 0.7% | 2026-Q2 |
| Heritage Wealth Management, Inc. trimmed | 48,756 | $1M | 0.7% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 47,089 | $1M | 0.7% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 40,998 | $917K | 0.6% | 2026-Q2 |
| &PARTNERS added | 35,041 | $784K | 0.5% | 2026-Q2 |
| Global Retirement Partners, LLC added | 32,919 | $736K | 0.5% | 2026-Q2 |
| Centurion Wealth Management LLC | 27,827 | $622K | 0.4% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 24,925 | $557K | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 21,458 | $480K | 0.3% | 2026-Q2 |
| Opal Wealth Advisors, LLC trimmed | 20,626 | $461K | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 20,386 | $456K | 0.3% | 2026-Q2 |
| MISSION WEALTH MANAGEMENT, LP new | 18,042 | $403K | 0.3% | 2026-Q2 |
| Cetera Investment Advisers added | 17,959 | $402K | 0.3% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 17,036 | $381K | 0.3% | 2026-Q2 |
| Logan Stone Capital, LLC added | 16,899 | $378K | 0.2% | 2026-Q2 |
| Koshinski Asset Management, Inc. | 14,812 | $331K | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 14,097 | $315K | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 14,061 | $314K | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC | 13,117 | $293K | 0.2% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 12,832 | $286K | 0.2% | 2026-Q2 |
| Miller Financial Services LLC new | 12,635 | $283K | 0.2% | 2026-Q2 |
| BROWN BROTHERS HARRIMAN & CO | 12,626 | $282K | 0.2% | 2026-Q2 |
| WEST MICHIGAN ADVISORS, LLC trimmed | 12,106 | $271K | 0.2% | 2026-Q2 |
| Proactive Wealth Strategies LLC added | 11,802 | $264K | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP | 11,482 | $257K | 0.2% | 2026-Q2 |
| CIBC Asset Management Inc | 10,260 | $229K | 0.2% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 10,130 | $227K | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 10,010 | $224K | 0.1% | 2026-Q2 |
| READYSTATE ASSET MANAGEMENT LP trimmed | 9,901 | $221K | 0.1% | 2026-Q2 |
| XTX Topco Ltd new | 9,792 | $219K | 0.1% | 2026-Q2 |
| Keystone Financial Group new | 9,374 | $210K | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 8,905 | $199K | 0.1% | 2026-Q2 |
| Institute for Wealth Management, LLC. new | 8,754 | $196K | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 8,034 | $180K | 0.1% | 2026-Q2 |
| Axiom Investment Management LLC added | 6,438 | $144K | 0.1% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC added | 6,394 | $143K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 4,456 | $100K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 4,000 | $89K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC | 1,600 | $36K | 0.0% | 2026-Q2 |
| Allied Private Wealth LLC new | 1,132 | $26K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,175 | $25K | 0.0% | 2026-Q2 |
| CENTRAL TRUST Co | 1,000 | $22K | 0.0% | 2026-Q2 |
| BEACON INVESTMENT ADVISORY SERVICES, INC. | 900 | $20K | 0.0% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 668 | $15K | 0.0% | 2026-Q2 |
| Strategic Wealth Partners, Ltd. | 402 | $9K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO | 300 | $7K | 0.0% | 2026-Q2 |
| Key Financial Inc | 218 | $5K | 0.0% | 2026-Q2 |
| HIGHLINE WEALTH PARTNERS LLC new | 133 | $3K | 0.0% | 2026-Q2 |
| Clear Point Advisors Inc. new | 26,385 | $2M | 1.0% | 2026-Q1 stale (1 quarter behind) |
| Integrated Wealth Concepts LLC added | 73,429 | $1M | 1.0% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 26,297 | $536K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Aurora Private Wealth, Inc. | 24,233 | $534K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC added | 19,374 | $395K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Janney Montgomery Scott LLC trimmed | 19,322 | $394K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Global Assets Advisory, LLC new | 2,000 | $41K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Cornerstone Advisors, LLC trimmed | 79,226 | $2M | 1.1% | 2025-Q4 stale (2 quarters behind) |
| Compound Planning, Inc. added | 31,217 | $687K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| COMERICA BANK trimmed | 14,064 | $310K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| WEST BANCORPORATION INC | 12,096 | $266K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Certified Advisory Corp trimmed | 10,164 | $224K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| CoreCap Advisors, LLC added | 1,100 | $24K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Navalign, LLC new | 786 | $17K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 416 | $9K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Frazier Financial Advisors, LLC new | 25 | $551 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| PGIM Custom Harvest LLC | 21,060 | $453K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| Moloney Securities Asset Management, LLC added | 13,032 | $280K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| EverSource Wealth Advisors, LLC new | 7,993 | $172K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Ameritas Advisory Services, LLC added | 1,776 | $38K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| PRINCIPAL SECURITIES, INC. | 1,768 | $38K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| HighTower Advisors, LLC trimmed | 9,911 | $203K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| Clearstead Advisors, LLC | 450 | $9K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.