Who owns FHEQ
Which tracked institutional funds hold FHEQ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FHEQ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-18). 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
24 tracked funds added or opened FHEQ while 10 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
FHEQ’s largest tracked holder by dollar value, FMR LLC, 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 FHEQ 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 57 tracked filers holding FHEQ, 37 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 FHEQ 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 5
- CGC Financial Services, LLC$29M
- MONECO ADVISORS, LLC$2M
- OLD MISSION CAPITAL LLC$1M
- Ameritas Advisory Services, LLC$763K
- Fifth Third Securities, Inc.$510K
Full exits 7
- Sunbelt Securities, Inc.$5M
- HighTower Advisors, LLC$5M
- Wealth Quarterback LLC$4M
- CFO CAPITAL MANAGEMENT LLC$3M
- Cambridge Investment Research Advisors, Inc.$1M
- Demars Financial Group, LLC$1M
Largest adds
- Cetera Investment Advisers$22M
- GREAT VALLEY ADVISOR GROUP, INC.$14M
- KEYBANK NATIONAL ASSOCIATION/OH$12M
- LPL Financial LLC$5M
- Southern Financial Group, LLC$4M
- MML INVESTORS SERVICES, LLC$4M
Largest trims
- FMR LLC$34M
- MORGAN STANLEY$5M
- STIFEL FINANCIAL CORP$3M
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 |
|---|---|---|---|---|
| FMR LLC trimmed | 13,942,392 | $459M | 57.6% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH added | 1,899,530 | $63M | 7.8% | 2026-Q2 |
| Southern Financial Group, LLC added | 1,068,694 | $35M | 4.4% | 2026-Q2 |
| Cetera Investment Advisers added | 1,054,378 | $35M | 4.4% | 2026-Q2 |
| CGC Financial Services, LLC new | 882,395 | $29M | 3.6% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 745,968 | $25M | 3.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 482,669 | $16M | 2.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 461,134 | $15M | 1.9% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 415,196 | $14M | 1.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 362,171 | $12M | 1.5% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 223,537 | $7M | 0.9% | 2026-Q2 |
| Taylor Securities Services, Inc. added | 179,736 | $6M | 0.7% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 168,610 | $6M | 0.7% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 157,649 | $5M | 0.7% | 2026-Q2 |
| LPL Financial LLC added | 154,574 | $5M | 0.6% | 2026-Q2 |
| Aptus Capital Advisors, LLC added | 154,258 | $5M | 0.6% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC added | 150,778 | $5M | 0.6% | 2026-Q2 |
| Anson Capital, Inc. trimmed | 123,211 | $4M | 0.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 99,737 | $3M | 0.4% | 2026-Q2 |
| OmniStar Financial Group, Inc. added | 86,816 | $3M | 0.4% | 2026-Q2 |
| MONECO ADVISORS, LLC new | 70,041 | $2M | 0.3% | 2026-Q2 |
| InTrack Investment Management Inc trimmed | 58,874 | $2M | 0.2% | 2026-Q2 |
| Summit Wealth Partners, LLC added | 58,449 | $2M | 0.2% | 2026-Q2 |
| Global Trust Asset Management, LLC added | 35,834 | $1M | 0.1% | 2026-Q2 |
| Koshinski Asset Management, Inc. | 34,699 | $1M | 0.1% | 2026-Q2 |
| CRA Financial Services, LLC trimmed | 32,660 | $1M | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 32,479 | $1M | 0.1% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 30,552 | $1M | 0.1% | 2026-Q2 |
| Grant Private Wealth Management Inc trimmed | 29,350 | $966K | 0.1% | 2026-Q2 |
| Signature Wealth Management Partners, LLC added | 26,857 | $884K | 0.1% | 2026-Q2 |
| Brookstone Capital Management added | 23,898 | $787K | 0.1% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 23,183 | $763K | 0.1% | 2026-Q2 |
| Madison Wealth Partners, Inc added | 20,935 | $689K | 0.1% | 2026-Q2 |
| Peterson Wealth Advisors, LLC trimmed | 20,545 | $677K | 0.1% | 2026-Q2 |
| Fifth Third Securities, Inc. new | 15,502 | $510K | 0.1% | 2026-Q2 |
| COURIER CAPITAL LLC | 11,818 | $389K | 0.0% | 2026-Q2 |
| Mutual Advisors, LLC added | 11,129 | $366K | 0.0% | 2026-Q2 |
| Delta Investment Management, LLC added | 11,064 | $364K | 0.0% | 2026-Q2 |
| B. Riley Wealth Advisors, Inc. | 10,000 | $328K | 0.0% | 2026-Q2 |
| Beacon Pointe Advisors, LLC new | 9,693 | $319K | 0.0% | 2026-Q2 |
| MBL Wealth, LLC new | 9,575 | $315K | 0.0% | 2026-Q2 |
| Elser Financial Planning, Inc | 9,484 | $312K | 0.0% | 2026-Q2 |
| Breakwater Capital Group trimmed | 8,226 | $271K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 7,937 | $261K | 0.0% | 2026-Q2 |
| ADAMSBROWN WEALTH CONSULTANTS LLC new | 7,410 | $244K | 0.0% | 2026-Q2 |
| Portfolio Strategies, Inc. new | 7,272 | $239K | 0.0% | 2026-Q2 |
| Roxbury Financial LLC added | 7,046 | $232K | 0.0% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 6,562 | $216K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 5,993 | $196K | 0.0% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ new | 3,300 | $109K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 2,100 | $69K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 1,000 | $33K | 0.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 490 | $16K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 80 | $3K | 0.0% | 2026-Q2 |
| Holos Integrated Wealth LLC | 76 | $3K | 0.0% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS new | 67 | $2K | 0.0% | 2026-Q2 |
| Spire Wealth Management | 24 | $790 | 0.0% | 2026-Q2 |
| Sunbelt Securities, Inc. added | 186,147 | $5M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| HighTower Advisors, LLC added | 161,631 | $5M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| Wealth Quarterback LLC added | 124,547 | $4M | 0.5% | 2026-Q1 stale (1 quarter behind) |
| CFO CAPITAL MANAGEMENT LLC trimmed | 102,927 | $3M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. added | 44,954 | $1M | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Demars Financial Group, LLC trimmed | 41,839 | $1M | 0.2% | 2026-Q1 stale (1 quarter behind) |
| INDEPENDENT FINANCIAL GROUP, LLC new | 21,953 | $646K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| GOLDMAN SACHS GROUP INC added | 8,711 | $256K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC trimmed | 7,977 | $235K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| High Note Wealth, LLC | 1,494 | $44K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC new | 31 | $912 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Thrivent Financial for Lutherans added | 100,900 | $3M | 0.4% | 2025-Q4 stale (2 quarters behind) |
| JANE STREET GROUP, LLC added | 20,455 | $632K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Tepp RIA, LLC new | 9,820 | $304K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Laurel Wealth Advisors LLC new | 3,200 | $99K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| BANK OF AMERICA CORP /DE/ new | 1,645 | $51K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Briaud Financial Planning, Inc new | 1,361 | $39K | 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.