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Institutional Ownership · SEC Form 13F

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.

337
Institutional holders
87M
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed14,966,655$441M14.9%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new7,202,183$212M7.2%2026-Q1
STATE STREET CORP added6,521,225$193M6.5%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new5,581,340$164M5.6%2026-Q1
NEUBERGER BERMAN GROUP LLC added3,845,049$113M3.8%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added3,679,819$108M3.7%2026-Q1
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added3,248,399$96M3.2%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,760,965$81M2.8%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. added2,191,769$65M2.2%2026-Q1
AQR CAPITAL MANAGEMENT LLC added2,158,658$64M2.2%2026-Q1
MORGAN STANLEY trimmed1,918,019$56M1.9%2026-Q1
NORGES BANK trimmed1,445,989$52M1.8%2026-Q1
GOLDMAN SACHS GROUP INC added1,735,613$51M1.7%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,726,661$51M1.7%2026-Q1
NORTHERN TRUST CORP added1,641,466$48M1.6%2026-Q1
Champlain Investment Partners, LLC trimmed1,173,175$35M1.2%2026-Q1
Invesco Ltd. added1,171,582$35M1.2%2026-Q1
Bank of New York Mellon Corp trimmed1,158,379$34M1.2%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed960,943$28M1.0%2026-Q1
VANGUARD FIDUCIARY TRUST CO new909,088$27M0.9%2026-Q1
ProShare Advisors LLC added779,686$23M0.8%2026-Q1
Nuveen, LLC added765,275$23M0.8%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed704,629$21M0.7%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed694,290$20M0.7%2026-Q1
UBS Group AG trimmed655,325$19M0.7%2026-Q1
EverSource Wealth Advisors, LLC added472,565$15M0.5%2026-Q1
TUDOR INVESTMENT CORP ET AL added508,010$15M0.5%2026-Q1
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed497,650$15M0.5%2026-Q1
WELLS FARGO & COMPANY/MN trimmed495,140$15M0.5%2026-Q1
AXIOM INVESTORS LLC /DE trimmed435,990$13M0.4%2026-Q1
JONES FINANCIAL COMPANIES LLLP added428,369$12M0.4%2026-Q1
NATIXIS ADVISORS, LLC trimmed411,204$12M0.4%2026-Q1
RHUMBLINE ADVISERS added411,078$12M0.4%2026-Q1
FMR LLC added391,406$12M0.4%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed377,611$11M0.4%2026-Q1
STIFEL FINANCIAL CORP added369,642$11M0.4%2026-Q1
ROYCE & ASSOCIATES LP added354,526$10M0.4%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed327,179$10M0.3%2026-Q1
D. E. Shaw & Co., Inc. trimmed304,124$9M0.3%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added297,075$9M0.3%2026-Q1
ExodusPoint Capital Management, LP added278,923$8M0.3%2026-Q1
ALLIANCEBERNSTEIN L.P. added264,568$8M0.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed242,412$7M0.2%2026-Q1
Swiss National Bank added240,900$7M0.2%2026-Q1
California Public Employees Retirement System added236,597$7M0.2%2026-Q1
Excelsior Advisor Network LLC new234,392$7M0.2%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed231,350$7M0.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added228,548$7M0.2%2026-Q1
JPMORGAN CHASE & CO added226,716$7M0.2%2026-Q1
CITADEL ADVISORS LLC trimmed221,498$7M0.2%2026-Q1
ALGERT GLOBAL LLC added217,855$6M0.2%2026-Q1
Man Group plc trimmed216,580$6M0.2%2026-Q1
Phocas Financial Corp. added195,562$6M0.2%2026-Q1
Squarepoint Ops LLC trimmed195,492$6M0.2%2026-Q1
LPL Financial LLC added195,248$6M0.2%2026-Q1
CITIGROUP INC added195,243$6M0.2%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed189,732$6M0.2%2026-Q1
TWO SIGMA INVESTMENTS, LP added188,342$6M0.2%2026-Q1
Legal & General Group Plc trimmed177,876$5M0.2%2026-Q1
Retirement Systems of Alabama added159,770$5M0.2%2026-Q1
KING LUTHER CAPITAL MANAGEMENT CORP added158,476$5M0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added155,551$5M0.2%2026-Q1
CFM WEALTH PARTNERS LLC142,656$4M0.1%2026-Q1
MetLife Investment Management, LLC added136,726$4M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added134,409$4M0.1%2026-Q1
Schonfeld Strategic Advisors LLC added131,117$4M0.1%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed127,137$4M0.1%2026-Q1
BARCLAYS PLC trimmed124,546$4M0.1%2026-Q1
DEUTSCHE BANK AG\ trimmed123,684$4M0.1%2026-Q1
Numerai GP LLC trimmed120,903$4M0.1%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new113,473$3M0.1%2026-Q1
SEI INVESTMENTS CO added112,380$3M0.1%2026-Q1
JANE STREET GROUP, LLC trimmed110,180$3M0.1%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND added107,062$3M0.1%2026-Q1
AMERICAN CENTURY COMPANIES INC added106,538$3M0.1%2026-Q1
AMERIPRISE FINANCIAL INC trimmed100,462$3M0.1%2026-Q1
Bridge City Capital, LLC trimmed98,396$3M0.1%2026-Q1
AWM CAPITAL, LLC added97,680$3M0.1%2026-Q1
Watchman Group, Inc. trimmed95,544$3M0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed94,998$3M0.1%2026-Q1
Rafferty Asset Management, LLC added94,570$3M0.1%2026-Q1
Holocene Advisors, LP added93,696$3M0.1%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed92,808$3M0.1%2026-Q1
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added90,841$3M0.1%2026-Q1
Sanctuary Advisors, LLC added90,289$3M0.1%2026-Q1
Creative Planning added86,559$3M0.1%2026-Q1
VANGUARD GROUP INC trimmed13,494,843$403M13.7%2025-Q4 stale
NFJ INVESTMENT GROUP, LLC trimmed885,328$26M0.9%2025-Q4 stale
JUPITER ASSET MANAGEMENT LTD added422,245$15M0.5%2025-Q2 stale
Corebridge Financial, Inc. trimmed204,953$7M0.2%2025-Q1 stale
Qube Research & Technologies Ltd added238,517$7M0.2%2025-Q4 stale
EULAV Asset Management206,496$7M0.2%2025-Q3 stale
Point72 Asset Management, L.P. added220,030$7M0.2%2025-Q4 stale
MARSHALL WACE, LLP added197,309$6M0.2%2025-Q4 stale
PANAGORA ASSET MANAGEMENT INC trimmed154,339$5M0.2%2025-Q4 stale
VAN ECK ASSOCIATES CORP added107,605$4M0.1%2025-Q1 stale
Edgestream Partners, L.P. added106,719$4M0.1%2025-Q2 stale
Verition Fund Management LLC added126,252$4M0.1%2025-Q4 stale
TWINBEECH CAPITAL LP added97,880$3M0.1%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.

HoldersTotal shares

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.

Learn how to read institutional ownership