Who owns First Financial Bankshares, Inc. (FFIN)
Which tracked institutional funds hold FFIN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FFIN company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
53 tracked funds added or opened FFIN while 59 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
FFIN’s largest tracked holder by dollar value, BlackRock, Inc., 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 FFIN 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 337 tracked filers holding FFIN, 183 increased or opened the position and 149 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 FFIN 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 14
- VANGUARD PORTFOLIO MANAGEMENT LLC$212M
- VANGUARD CAPITAL MANAGEMENT LLC$164M
- VANGUARD FIDUCIARY TRUST CO$27M
- Excelsior Advisor Network LLC$7M
- VANGUARD ASSET MANAGEMENT, Ltd$3M
- SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC$3M
Full exits 15
- VANGUARD GROUP INC$403M
- NFJ INVESTMENT GROUP, LLC$26M
- Qube Research & Technologies Ltd$7M
- Point72 Asset Management, L.P.$7M
- MARSHALL WACE, LLP$6M
- PANAGORA ASSET MANAGEMENT INC$5M
Largest adds
- AQR CAPITAL MANAGEMENT LLC$35M
- FULLER & THALER ASSET MANAGEMENT, INC.$31M
- ProShare Advisors LLC$22M
- NEUBERGER BERMAN GROUP LLC$22M
- GOLDMAN SACHS GROUP INC$20M
- EverSource Wealth Advisors, LLC$15M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$1.1B
- BlackRock, Inc.$73M
- MILLENNIUM MANAGEMENT LLC$31M
- Champlain Investment Partners, LLC$15M
- SG Americas Securities, LLC$10M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$7M
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 14,966,655 | $441M | 14.9% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 7,202,183 | $212M | 7.2% | 2026-Q1 |
| STATE STREET CORP added | 6,521,225 | $193M | 6.5% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 5,581,340 | $164M | 5.6% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 3,845,049 | $113M | 3.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,679,819 | $108M | 3.7% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added | 3,248,399 | $96M | 3.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,760,965 | $81M | 2.8% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 2,191,769 | $65M | 2.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 2,158,658 | $64M | 2.2% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,918,019 | $56M | 1.9% | 2026-Q1 |
| NORGES BANK trimmed | 1,445,989 | $52M | 1.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,735,613 | $51M | 1.7% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,726,661 | $51M | 1.7% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,641,466 | $48M | 1.6% | 2026-Q1 |
| Champlain Investment Partners, LLC trimmed | 1,173,175 | $35M | 1.2% | 2026-Q1 |
| Invesco Ltd. added | 1,171,582 | $35M | 1.2% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,158,379 | $34M | 1.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 960,943 | $28M | 1.0% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 909,088 | $27M | 0.9% | 2026-Q1 |
| ProShare Advisors LLC added | 779,686 | $23M | 0.8% | 2026-Q1 |
| Nuveen, LLC added | 765,275 | $23M | 0.8% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 704,629 | $21M | 0.7% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 694,290 | $20M | 0.7% | 2026-Q1 |
| UBS Group AG trimmed | 655,325 | $19M | 0.7% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 472,565 | $15M | 0.5% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 508,010 | $15M | 0.5% | 2026-Q1 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 497,650 | $15M | 0.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 495,140 | $15M | 0.5% | 2026-Q1 |
| AXIOM INVESTORS LLC /DE trimmed | 435,990 | $13M | 0.4% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 428,369 | $12M | 0.4% | 2026-Q1 |
| NATIXIS ADVISORS, LLC trimmed | 411,204 | $12M | 0.4% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 411,078 | $12M | 0.4% | 2026-Q1 |
| FMR LLC added | 391,406 | $12M | 0.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 377,611 | $11M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 369,642 | $11M | 0.4% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 354,526 | $10M | 0.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 327,179 | $10M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 304,124 | $9M | 0.3% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 297,075 | $9M | 0.3% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 278,923 | $8M | 0.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 264,568 | $8M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 242,412 | $7M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 240,900 | $7M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 236,597 | $7M | 0.2% | 2026-Q1 |
| Excelsior Advisor Network LLC new | 234,392 | $7M | 0.2% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 231,350 | $7M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 228,548 | $7M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 226,716 | $7M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 221,498 | $7M | 0.2% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 217,855 | $6M | 0.2% | 2026-Q1 |
| Man Group plc trimmed | 216,580 | $6M | 0.2% | 2026-Q1 |
| Phocas Financial Corp. added | 195,562 | $6M | 0.2% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 195,492 | $6M | 0.2% | 2026-Q1 |
| LPL Financial LLC added | 195,248 | $6M | 0.2% | 2026-Q1 |
| CITIGROUP INC added | 195,243 | $6M | 0.2% | 2026-Q1 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 189,732 | $6M | 0.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 188,342 | $6M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 177,876 | $5M | 0.2% | 2026-Q1 |
| Retirement Systems of Alabama added | 159,770 | $5M | 0.2% | 2026-Q1 |
| KING LUTHER CAPITAL MANAGEMENT CORP added | 158,476 | $5M | 0.2% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 155,551 | $5M | 0.2% | 2026-Q1 |
| CFM WEALTH PARTNERS LLC | 142,656 | $4M | 0.1% | 2026-Q1 |
| MetLife Investment Management, LLC added | 136,726 | $4M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 134,409 | $4M | 0.1% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 131,117 | $4M | 0.1% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 127,137 | $4M | 0.1% | 2026-Q1 |
| BARCLAYS PLC trimmed | 124,546 | $4M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 123,684 | $4M | 0.1% | 2026-Q1 |
| Numerai GP LLC trimmed | 120,903 | $4M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 113,473 | $3M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 112,380 | $3M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 110,180 | $3M | 0.1% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 107,062 | $3M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 106,538 | $3M | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 100,462 | $3M | 0.1% | 2026-Q1 |
| Bridge City Capital, LLC trimmed | 98,396 | $3M | 0.1% | 2026-Q1 |
| AWM CAPITAL, LLC added | 97,680 | $3M | 0.1% | 2026-Q1 |
| Watchman Group, Inc. trimmed | 95,544 | $3M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 94,998 | $3M | 0.1% | 2026-Q1 |
| Rafferty Asset Management, LLC added | 94,570 | $3M | 0.1% | 2026-Q1 |
| Holocene Advisors, LP added | 93,696 | $3M | 0.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 92,808 | $3M | 0.1% | 2026-Q1 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 90,841 | $3M | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 90,289 | $3M | 0.1% | 2026-Q1 |
| Creative Planning added | 86,559 | $3M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 13,494,843 | $403M | 13.7% | 2025-Q4 stale |
| NFJ INVESTMENT GROUP, LLC trimmed | 885,328 | $26M | 0.9% | 2025-Q4 stale |
| JUPITER ASSET MANAGEMENT LTD added | 422,245 | $15M | 0.5% | 2025-Q2 stale |
| Corebridge Financial, Inc. trimmed | 204,953 | $7M | 0.2% | 2025-Q1 stale |
| Qube Research & Technologies Ltd added | 238,517 | $7M | 0.2% | 2025-Q4 stale |
| EULAV Asset Management | 206,496 | $7M | 0.2% | 2025-Q3 stale |
| Point72 Asset Management, L.P. added | 220,030 | $7M | 0.2% | 2025-Q4 stale |
| MARSHALL WACE, LLP added | 197,309 | $6M | 0.2% | 2025-Q4 stale |
| PANAGORA ASSET MANAGEMENT INC trimmed | 154,339 | $5M | 0.2% | 2025-Q4 stale |
| VAN ECK ASSOCIATES CORP added | 107,605 | $4M | 0.1% | 2025-Q1 stale |
| Edgestream Partners, L.P. added | 106,719 | $4M | 0.1% | 2025-Q2 stale |
| Verition Fund Management LLC added | 126,252 | $4M | 0.1% | 2025-Q4 stale |
| TWINBEECH CAPITAL LP added | 97,880 | $3M | 0.1% | 2025-Q4 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.