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Institutional Ownership · SEC Form 13F

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.

614
Institutional holders
120,652,155
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
VANGUARD PORTFOLIO MANAGEMENT LLC new4,603,965$261M6.2%2026-Q1
FMR LLC trimmed4,576,553$260M6.2%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new3,230,441$183M4.3%2026-Q1
BlackRock, Inc. trimmed3,207,798$182M4.3%2026-Q1
LSV ASSET MANAGEMENT trimmed2,882,229$163M3.9%2026-Q1
Schneider Downs Wealth Management Advisors, LP added2,727,878$155M3.7%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. trimmed2,647,726$150M3.6%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed2,575,271$146M3.5%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed2,504,133$142M3.4%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed2,248,200$127M3.0%2026-Q1
Invesco Ltd. trimmed2,179,308$124M2.9%2026-Q1
STATE STREET CORP added1,803,518$102M2.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added1,625,248$92M2.2%2026-Q1
Allianz Asset Management GmbH added1,480,891$84M2.0%2026-Q1
RAYMOND JAMES FINANCIAL INC added2,440,822$75M1.8%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed1,286,816$73M1.7%2026-Q1
Hills Bank & Trust Co added2,842,568$71M1.7%2026-Q1
GREAT VALLEY ADVISOR GROUP, INC. added1,826,108$56M1.3%2026-Q1
Thrivent Financial for Lutherans added1,795,028$55M1.3%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed814,224$46M1.1%2026-Q1
Woodline Partners LP added757,566$43M1.0%2026-Q1
Ascension Capital Advisors, Inc. trimmed1,306,439$40M1.0%2026-Q1
Bank of New York Mellon Corp added654,378$37M0.9%2026-Q1
BENJAMIN EDWARDS INC added1,460,733$37M0.9%2026-Q1
FIRST TRUST ADVISORS LP added616,598$35M0.8%2026-Q1
LPL Financial LLC added1,121,795$34M0.8%2026-Q1
JUPITER ASSET MANAGEMENT LTD trimmed586,706$33M0.8%2026-Q1
SPROTT INC. added513,885$29M0.7%2026-Q1
Man Group plc trimmed499,381$28M0.7%2026-Q1
Broadway Wealth Solutions, Inc. added1,115,476$28M0.7%2026-Q1
Pinnacle Financial Partners, Inc. added925,365$27M0.7%2026-Q1
AMERIPRISE FINANCIAL INC trimmed477,776$27M0.6%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed512,670$27M0.6%2026-Q1
NORTHERN TRUST CORP added469,408$27M0.6%2026-Q1
Vestcor Inc added452,046$26M0.6%2026-Q1
VANGUARD FIDUCIARY TRUST CO new450,286$26M0.6%2026-Q1
TWO SIGMA INVESTMENTS, LP added443,862$25M0.6%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed807,990$25M0.6%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed435,897$25M0.6%2026-Q1
Intellus Advisors LLC added777,023$23M0.5%2026-Q1
HighTower Advisors, LLC added405,524$23M0.5%2026-Q1
UBS Group AG added388,485$22M0.5%2026-Q1
FOUNDATION RESOURCE MANAGEMENT INC trimmed386,986$22M0.5%2026-Q1
Retirement Planning Group, LLC trimmed853,548$21M0.5%2026-Q1
ROYCE & ASSOCIATES LP304,719$17M0.4%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed296,100$17M0.4%2026-Q1
Qube Research & Technologies Ltd trimmed287,666$16M0.4%2026-Q1
ALPS ADVISORS INC trimmed265,338$15M0.4%2026-Q1
Wilkerson Advisory Group LLC added594,257$15M0.4%2026-Q1
Lantz Financial LLC added447,684$14M0.3%2026-Q1
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed242,020$14M0.3%2026-Q1
Rockefeller Capital Management L.P. added444,266$14M0.3%2026-Q1
Pacer Advisors, Inc. added469,988$13M0.3%2026-Q1
FRANKLIN RESOURCES INC added222,164$13M0.3%2026-Q1
GTS FINANCIAL, LLC new500,936$13M0.3%2026-Q1
Robeco Institutional Asset Management B.V.220,742$13M0.3%2026-Q1
FOURPATH CAPITAL MANAGEMENT, LLC trimmed394,609$12M0.3%2026-Q1
Platform Technology Partners added480,861$12M0.3%2026-Q1
JACOBS LEVY EQUITY MANAGEMENT, INC trimmed200,855$11M0.3%2026-Q1
MML INVESTORS SERVICES, LLC added441,589$11M0.3%2026-Q1
Frederick Financial Consultants, LLC new367,839$11M0.3%2026-Q1
TRUIST FINANCIAL CORP added349,993$11M0.3%2026-Q1
OSAIC HOLDINGS, INC. added348,570$11M0.3%2026-Q1
NICOLET BANKSHARES INC new341,598$10M0.2%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH trimmed176,236$10M0.2%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC added176,122$10M0.2%2026-Q1
ROYAL BANK OF CANADA added312,281$10M0.2%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV added168,944$10M0.2%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added162,941$9M0.2%2026-Q1
Willow Financial LLC trimmed290,221$9M0.2%2026-Q1
Cambria Investment Management, L.P. trimmed156,677$9M0.2%2026-Q1
Steward Partners Investment Advisory, LLC added286,638$9M0.2%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed153,569$9M0.2%2026-Q1
Factorial Partners, LLC153,239$9M0.2%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed152,958$9M0.2%2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUP added152,097$9M0.2%2026-Q1
Swiss National Bank145,317$8M0.2%2026-Q1
BI Asset Management Fondsmaeglerselskab A/S added144,671$8M0.2%2026-Q1
Bridgewater Associates, LP trimmed144,289$8M0.2%2026-Q1
TEACHER RETIREMENT SYSTEM OF TEXAS trimmed141,861$8M0.2%2026-Q1
ELEVATION POINT WEALTH PARTNERS, LLC trimmed268,441$8M0.2%2026-Q1
Mitsubishi UFJ Trust & Banking Corp trimmed135,624$8M0.2%2026-Q1
RHUMBLINE ADVISERS added128,092$7M0.2%2026-Q1
BURNEY CO/ trimmed126,714$7M0.2%2026-Q1
AMERICAN CENTURY COMPANIES INC added126,700$7M0.2%2026-Q1
HUNTINGTON NATIONAL BANK added125,301$7M0.2%2026-Q1
Beaumont Financial Advisors, LLC added274,316$7M0.2%2026-Q1
FOCUSED ALPHA, LLC added222,337$7M0.2%2026-Q1
Private Advisor Group, LLC added216,263$7M0.2%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed116,666$7M0.2%2026-Q1
VANGUARD GROUP INC trimmed7,712,159$402M9.5%2025-Q4 stale
Wealth Intelligence, LLC new661,005$17M0.4%2025-Q4 stale
TWO SIGMA ADVISERS, LP trimmed308,558$16M0.4%2025-Q4 stale
AXA Investment Managers S.A. new257,150$13M0.3%2025-Q3 stale
Invenomic Capital Management LP added295,097$13M0.3%2025-Q2 stale
Brandywine Global Investment Management, LLC added177,533$9M0.2%2025-Q4 stale
AXA S.A. added202,735$9M0.2%2025-Q2 stale
NewEdge Advisors, LLC added283,385$8M0.2%2025-Q4 stale
NORGES BANK trimmed210,000$8M0.2%2025-Q1 stale
Cadence Bank added128,345$7M0.2%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.

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