Who owns FHI (FHI)
Which tracked institutional funds hold FHI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FHI 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
173 tracked funds added or opened FHI while 79 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
FHI’s largest tracked holder by dollar value, VANGUARD GROUP 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 gap the other way — the median holder sizes FHI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FHI 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 480 tracked filers holding FHI, 275 increased or opened the position and 191 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 FHI 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 36
- VANGUARD PORTFOLIO MANAGEMENT LLC$261M
- VANGUARD CAPITAL MANAGEMENT LLC$183M
- VANGUARD FIDUCIARY TRUST CO$26M
- Financial Concepts Unlimited, Inc.$25M
- Frederick Financial Consultants, LLC$24M
- GTS FINANCIAL, LLC$13M
Full exits 25
- VANGUARD GROUP INC$402M
- Wealth Intelligence, LLC$17M
- TWO SIGMA ADVISERS, LP$16M
- Brandywine Global Investment Management, LLC$9M
- NewEdge Advisors, LLC$8M
- Cadence Bank$7M
Largest adds
- LPL Financial LLC$75M
- TRUIST FINANCIAL CORP$61M
- BENJAMIN EDWARDS INC$57M
- RAYMOND JAMES FINANCIAL INC$33M
- Woodline Partners LP$27M
- Allianz Asset Management GmbH$23M
Largest trims
- BlackRock, Inc.$113M
- COMMONWEALTH EQUITY SERVICES, LLC$32M
- UBS Group AG$29M
- Qube Research & Technologies Ltd$24M
- Invesco Ltd.$20M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$16M
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 |
|---|---|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 4,603,965 | $261M | 6.2% | 2026-Q1 |
| FMR LLC trimmed | 4,576,553 | $260M | 6.2% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 3,230,441 | $183M | 4.3% | 2026-Q1 |
| BlackRock, Inc. trimmed | 3,207,798 | $182M | 4.3% | 2026-Q1 |
| LSV ASSET MANAGEMENT trimmed | 2,882,229 | $163M | 3.9% | 2026-Q1 |
| Schneider Downs Wealth Management Advisors, LP added | 2,727,878 | $155M | 3.7% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 2,647,726 | $150M | 3.6% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 2,575,271 | $146M | 3.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,504,133 | $142M | 3.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 2,248,200 | $127M | 3.0% | 2026-Q1 |
| Invesco Ltd. trimmed | 2,179,308 | $124M | 2.9% | 2026-Q1 |
| STATE STREET CORP added | 1,803,518 | $102M | 2.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,625,248 | $92M | 2.2% | 2026-Q1 |
| Allianz Asset Management GmbH added | 1,480,891 | $84M | 2.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 2,440,822 | $75M | 1.8% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,286,816 | $73M | 1.7% | 2026-Q1 |
| Hills Bank & Trust Co added | 2,842,568 | $71M | 1.7% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 1,826,108 | $56M | 1.3% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 1,795,028 | $55M | 1.3% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 814,224 | $46M | 1.1% | 2026-Q1 |
| Woodline Partners LP added | 757,566 | $43M | 1.0% | 2026-Q1 |
| Ascension Capital Advisors, Inc. trimmed | 1,306,439 | $40M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp added | 654,378 | $37M | 0.9% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 1,460,733 | $37M | 0.9% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 616,598 | $35M | 0.8% | 2026-Q1 |
| LPL Financial LLC added | 1,121,795 | $34M | 0.8% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD trimmed | 586,706 | $33M | 0.8% | 2026-Q1 |
| SPROTT INC. added | 513,885 | $29M | 0.7% | 2026-Q1 |
| Man Group plc trimmed | 499,381 | $28M | 0.7% | 2026-Q1 |
| Broadway Wealth Solutions, Inc. added | 1,115,476 | $28M | 0.7% | 2026-Q1 |
| Pinnacle Financial Partners, Inc. added | 925,365 | $27M | 0.7% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 477,776 | $27M | 0.6% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 512,670 | $27M | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 469,408 | $27M | 0.6% | 2026-Q1 |
| Vestcor Inc added | 452,046 | $26M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 450,286 | $26M | 0.6% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 443,862 | $25M | 0.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 807,990 | $25M | 0.6% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 435,897 | $25M | 0.6% | 2026-Q1 |
| Intellus Advisors LLC added | 777,023 | $23M | 0.5% | 2026-Q1 |
| HighTower Advisors, LLC added | 405,524 | $23M | 0.5% | 2026-Q1 |
| UBS Group AG added | 388,485 | $22M | 0.5% | 2026-Q1 |
| FOUNDATION RESOURCE MANAGEMENT INC trimmed | 386,986 | $22M | 0.5% | 2026-Q1 |
| Retirement Planning Group, LLC trimmed | 853,548 | $21M | 0.5% | 2026-Q1 |
| ROYCE & ASSOCIATES LP | 304,719 | $17M | 0.4% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 296,100 | $17M | 0.4% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 287,666 | $16M | 0.4% | 2026-Q1 |
| ALPS ADVISORS INC trimmed | 265,338 | $15M | 0.4% | 2026-Q1 |
| Wilkerson Advisory Group LLC added | 594,257 | $15M | 0.4% | 2026-Q1 |
| Lantz Financial LLC added | 447,684 | $14M | 0.3% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 242,020 | $14M | 0.3% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 444,266 | $14M | 0.3% | 2026-Q1 |
| Pacer Advisors, Inc. added | 469,988 | $13M | 0.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 222,164 | $13M | 0.3% | 2026-Q1 |
| GTS FINANCIAL, LLC new | 500,936 | $13M | 0.3% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. | 220,742 | $13M | 0.3% | 2026-Q1 |
| FOURPATH CAPITAL MANAGEMENT, LLC trimmed | 394,609 | $12M | 0.3% | 2026-Q1 |
| Platform Technology Partners added | 480,861 | $12M | 0.3% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 200,855 | $11M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 441,589 | $11M | 0.3% | 2026-Q1 |
| Frederick Financial Consultants, LLC new | 367,839 | $11M | 0.3% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 349,993 | $11M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 348,570 | $11M | 0.3% | 2026-Q1 |
| NICOLET BANKSHARES INC new | 341,598 | $10M | 0.2% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 176,236 | $10M | 0.2% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 176,122 | $10M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 312,281 | $10M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 168,944 | $10M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 162,941 | $9M | 0.2% | 2026-Q1 |
| Willow Financial LLC trimmed | 290,221 | $9M | 0.2% | 2026-Q1 |
| Cambria Investment Management, L.P. trimmed | 156,677 | $9M | 0.2% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 286,638 | $9M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 153,569 | $9M | 0.2% | 2026-Q1 |
| Factorial Partners, LLC | 153,239 | $9M | 0.2% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 152,958 | $9M | 0.2% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 152,097 | $9M | 0.2% | 2026-Q1 |
| Swiss National Bank | 145,317 | $8M | 0.2% | 2026-Q1 |
| BI Asset Management Fondsmaeglerselskab A/S added | 144,671 | $8M | 0.2% | 2026-Q1 |
| Bridgewater Associates, LP trimmed | 144,289 | $8M | 0.2% | 2026-Q1 |
| TEACHER RETIREMENT SYSTEM OF TEXAS trimmed | 141,861 | $8M | 0.2% | 2026-Q1 |
| ELEVATION POINT WEALTH PARTNERS, LLC trimmed | 268,441 | $8M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Trust & Banking Corp trimmed | 135,624 | $8M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 128,092 | $7M | 0.2% | 2026-Q1 |
| BURNEY CO/ trimmed | 126,714 | $7M | 0.2% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 126,700 | $7M | 0.2% | 2026-Q1 |
| HUNTINGTON NATIONAL BANK added | 125,301 | $7M | 0.2% | 2026-Q1 |
| Beaumont Financial Advisors, LLC added | 274,316 | $7M | 0.2% | 2026-Q1 |
| FOCUSED ALPHA, LLC added | 222,337 | $7M | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC added | 216,263 | $7M | 0.2% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 116,666 | $7M | 0.2% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 7,712,159 | $402M | 9.5% | 2025-Q4 stale |
| Wealth Intelligence, LLC new | 661,005 | $17M | 0.4% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP trimmed | 308,558 | $16M | 0.4% | 2025-Q4 stale |
| AXA Investment Managers S.A. new | 257,150 | $13M | 0.3% | 2025-Q3 stale |
| Invenomic Capital Management LP added | 295,097 | $13M | 0.3% | 2025-Q2 stale |
| Brandywine Global Investment Management, LLC added | 177,533 | $9M | 0.2% | 2025-Q4 stale |
| AXA S.A. added | 202,735 | $9M | 0.2% | 2025-Q2 stale |
| NewEdge Advisors, LLC added | 283,385 | $8M | 0.2% | 2025-Q4 stale |
| NORGES BANK trimmed | 210,000 | $8M | 0.2% | 2025-Q1 stale |
| Cadence Bank added | 128,345 | $7M | 0.2% | 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.