Who owns FHLC (FHLC)
Which tracked institutional funds hold FHLC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FHLC 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
29 tracked funds added or opened FHLC while 51 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
FHLC’s largest tracked holder by dollar value, CHARLES SCHWAB INVESTMENT MANAGEMENT INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes FHLC more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FHLC 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 361 tracked filers holding FHLC, 170 increased or opened the position and 156 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 FHLC 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 5
- Strengthening Families & Communities, LLC$11M
- FLOW TRADERS U.S. LLC$2M
- BLUE JEAN FINANCIAL LLC$833K
- Tower Research Capital LLC (TRC)$721K
- LexAurum Advisors, LLC$502K
Full exits 9
- Q3 Asset Management$6M
- Advisors Capital Management, LLC$5M
- Bellwether Advisors, LLC$4M
- Maxele Advisors, LLC$2M
- Capital Advisory Group Advisory Services, LLC$2M
- MARSHALL WACE, LLP$704K
Largest adds
- AE Wealth Management LLC$84M
- LPL Financial LLC$16M
- Lido Advisors, LLC$16M
- Eley Financial Management, Inc$4M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$4M
- Janney Montgomery Scott LLC$3M
Largest trims
- McGlone Suttner Wealth Management, Inc.$16M
- ALTFEST L J & CO INC$11M
- OSAIC HOLDINGS, INC.$6M
- NorthCoast Asset Management LLC$5M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$4M
- NewEdge Advisors, LLC$4M
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 |
|---|---|---|---|---|
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,832,002 | $199M | 16.5% | 2026-Q1 |
| Lido Advisors, LLC added | 2,160,071 | $152M | 12.6% | 2026-Q1 |
| AE Wealth Management LLC added | 1,379,183 | $97M | 8.0% | 2026-Q1 |
| LPL Financial LLC added | 938,070 | $66M | 5.5% | 2026-Q1 |
| AGF MANAGEMENT LTD added | 937,724 | $66M | 5.5% | 2026-Q1 |
| MORGAN STANLEY added | 527,063 | $37M | 3.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 407,897 | $29M | 2.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 333,943 | $23M | 1.9% | 2026-Q1 |
| WEATHERLY ASSET MANAGEMENT L. P. added | 306,475 | $22M | 1.8% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 287,946 | $20M | 1.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 266,735 | $19M | 1.6% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 234,323 | $16M | 1.4% | 2026-Q1 |
| Investors Research Corp added | 218,250 | $15M | 1.3% | 2026-Q1 |
| Apollon Wealth Management, LLC added | 216,412 | $15M | 1.3% | 2026-Q1 |
| Cetera Investment Advisers added | 215,250 | $15M | 1.3% | 2026-Q1 |
| ALTFEST L J & CO INC trimmed | 213,796 | $15M | 1.2% | 2026-Q1 |
| Buttonwood Financial Advisors Inc. trimmed | 202,237 | $14M | 1.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 192,669 | $14M | 1.1% | 2026-Q1 |
| Aprio Wealth Management, LLC added | 186,208 | $13M | 1.1% | 2026-Q1 |
| Fischer Financial Services, Inc. added | 171,442 | $12M | 1.0% | 2026-Q1 |
| Marotta Asset Management added | 167,439 | $12M | 1.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 156,882 | $11M | 0.9% | 2026-Q1 |
| Strengthening Families & Communities, LLC trimmed | 156,622 | $11M | 0.9% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 140,610 | $10M | 0.8% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 121,077 | $9M | 0.7% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 118,410 | $8M | 0.7% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC trimmed | 114,183 | $8M | 0.7% | 2026-Q1 |
| Modern Wealth Management, LLC trimmed | 112,302 | $8M | 0.7% | 2026-Q1 |
| ASSETMARK, INC added | 109,036 | $8M | 0.6% | 2026-Q1 |
| FMR LLC added | 108,227 | $8M | 0.6% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 106,270 | $7M | 0.6% | 2026-Q1 |
| SPINNAKER TRUST added | 99,411 | $7M | 0.6% | 2026-Q1 |
| Larson Financial Group LLC trimmed | 93,860 | $7M | 0.5% | 2026-Q1 |
| Lifeworks Advisors, LLC trimmed | 93,396 | $7M | 0.5% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 93,070 | $7M | 0.5% | 2026-Q1 |
| Yoder Wealth Management, Inc. trimmed | 89,930 | $6M | 0.5% | 2026-Q1 |
| CITIGROUP INC added | 86,636 | $6M | 0.5% | 2026-Q1 |
| Traynor Capital Management, Inc. trimmed | 86,045 | $6M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 85,086 | $6M | 0.5% | 2026-Q1 |
| Financial Partners Group, Inc added | 73,658 | $5M | 0.4% | 2026-Q1 |
| McGlone Suttner Wealth Management, Inc. trimmed | 73,181 | $5M | 0.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 69,385 | $5M | 0.4% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 67,676 | $5M | 0.4% | 2026-Q1 |
| Eley Financial Management, Inc added | 65,127 | $4M | 0.4% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 57,158 | $4M | 0.3% | 2026-Q1 |
| Barry Investment Advisors, LLC trimmed | 56,552 | $4M | 0.3% | 2026-Q1 |
| Maltin Wealth Management, Inc. trimmed | 56,546 | $4M | 0.3% | 2026-Q1 |
| Valmark Advisers, Inc. added | 52,819 | $4M | 0.3% | 2026-Q1 |
| Sigma Planning Corp trimmed | 51,545 | $4M | 0.3% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 37,759 | $4M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 46,999 | $3M | 0.3% | 2026-Q1 |
| Equitable Holdings, Inc. added | 43,678 | $3M | 0.3% | 2026-Q1 |
| Smith Salley Wealth Management added | 44,112 | $3M | 0.3% | 2026-Q1 |
| NorthCoast Asset Management LLC trimmed | 42,429 | $3M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 41,539 | $3M | 0.2% | 2026-Q1 |
| ATLAS CAPITAL ADVISORS INC. added | 41,178 | $3M | 0.2% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 40,408 | $3M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 39,494 | $3M | 0.2% | 2026-Q1 |
| MAI Capital Management trimmed | 39,387 | $3M | 0.2% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 40,414 | $3M | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 38,873 | $3M | 0.2% | 2026-Q1 |
| OneDigital Investment Advisors LLC trimmed | 38,319 | $3M | 0.2% | 2026-Q1 |
| Creative Planning trimmed | 36,292 | $3M | 0.2% | 2026-Q1 |
| LYNCH & ASSOCIATES/IN added | 35,991 | $3M | 0.2% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 34,504 | $2M | 0.2% | 2026-Q1 |
| Beckerman Institutional, LLC added | 34,357 | $2M | 0.2% | 2026-Q1 |
| Snowden Capital Advisors LLC trimmed | 32,528 | $2M | 0.2% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 32,072 | $2M | 0.2% | 2026-Q1 |
| Armor Investment Advisors, LLC trimmed | 31,343 | $2M | 0.2% | 2026-Q1 |
| Heck Capital Advisors, LLC trimmed | 30,848 | $2M | 0.2% | 2026-Q1 |
| ROCKLAND TRUST CO trimmed | 30,707 | $2M | 0.2% | 2026-Q1 |
| FLOW TRADERS U.S. LLC added | 30,333 | $2M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 29,549 | $2M | 0.2% | 2026-Q1 |
| Aspetuck Financial Management LLC added | 27,577 | $2M | 0.2% | 2026-Q1 |
| CX Institutional trimmed | 27,187 | $2M | 0.2% | 2026-Q1 |
| Beaumont Financial Advisors, LLC added | 26,740 | $2M | 0.2% | 2026-Q1 |
| KDK Private Wealth Management, LLC trimmed | 26,071 | $2M | 0.2% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 25,174 | $2M | 0.1% | 2026-Q1 |
| Roxbury Financial LLC trimmed | 24,580 | $2M | 0.1% | 2026-Q1 |
| STOCK YARDS BANK & TRUST CO trimmed | 24,301 | $2M | 0.1% | 2026-Q1 |
| Fifth Third Securities, Inc. trimmed | 24,113 | $2M | 0.1% | 2026-Q1 |
| Jacobs Equity LLC added | 23,060 | $2M | 0.1% | 2026-Q1 |
| Elevated Capital Advisors, LLC added | 22,188 | $2M | 0.1% | 2026-Q1 |
| Summit Financial, LLC trimmed | 21,889 | $2M | 0.1% | 2026-Q1 |
| Ameritas Advisory Services, LLC added | 21,309 | $1M | 0.1% | 2026-Q1 |
| Full Sail Capital, LLC trimmed | 216,343 | $14M | 1.2% | 2025-Q3 stale |
| TWO SIGMA INVESTMENTS, LP added | 152,200 | $10M | 0.8% | 2025-Q2 stale |
| BRIGHT ROCK CAPITAL MANAGEMENT, LLC new | 100,000 | $7M | 0.6% | 2025-Q3 stale |
| Q3 Asset Management added | 84,880 | $6M | 0.5% | 2025-Q4 stale |
| Advisors Capital Management, LLC added | 72,324 | $5M | 0.4% | 2025-Q4 stale |
| CITADEL ADVISORS LLC added | 79,230 | $5M | 0.4% | 2025-Q2 stale |
| Bellwether Advisors, LLC added | 54,511 | $4M | 0.3% | 2025-Q4 stale |
| Exchange Capital Management, Inc. trimmed | 49,599 | $3M | 0.3% | 2025-Q2 stale |
| Grant/GrossMendelsohn, LLC added | 45,502 | $3M | 0.2% | 2025-Q1 stale |
| Morningstar Investment Services LLC new | 37,214 | $3M | 0.2% | 2025-Q1 stale |
| Coastal Bridge Advisors, LLC trimmed | 39,492 | $3M | 0.2% | 2025-Q2 stale |
| Atria Wealth Solutions, Inc. trimmed | 26,020 | $2M | 0.1% | 2025-Q2 stale |
| Maxele Advisors, LLC added | 22,037 | $2M | 0.1% | 2025-Q4 stale |
| Capital Advisory Group Advisory Services, LLC trimmed | 21,690 | $2M | 0.1% | 2025-Q4 stale |
| Freedom Investment Management, Inc. trimmed | 25,127 | $2M | 0.1% | 2025-Q2 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.