Who owns FLIA
Which tracked institutional funds hold FLIA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FLIA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
8 tracked funds added or opened FLIA while 6 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
FLIA’s largest tracked holder by dollar value, WEALTH ENHANCEMENT ADVISORY SERVICES, LLC, sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FLIA 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 33 tracked filers holding FLIA, 20 increased or opened the position and 17 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 FLIA 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 2
- Private Advisor Group, LLC$3M
- Steward Partners Investment Advisory, LLC$609K
Full exits 4
- HANTZ FINANCIAL SERVICES, INC.$136M
- Mariner, LLC$4M
- BANK OF AMERICA CORP /DE/$2M
- Opes Wealth Management LLC$605K
Largest adds
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$34M
- Cetera Investment Advisers$2M
- FRANKLIN RESOURCES INC$2M
- Vise Technologies, Inc.$2M
- Kestra Advisory Services, LLC$988K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$562K
Largest trims
- LPL Financial LLC$1M
- WorthPointe, LLC$430K
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 |
|---|---|---|---|---|
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 11,587,212 | $234M | 39.9% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 7,613,814 | $156M | 26.6% | 2026-Q2 |
| LPL Financial LLC trimmed | 659,121 | $14M | 2.3% | 2026-Q2 |
| Stratos Investment Management, LLC trimmed | 333,600 | $7M | 1.2% | 2026-Q2 |
| Cetera Investment Advisers added | 262,726 | $5M | 0.9% | 2026-Q2 |
| Vise Technologies, Inc. added | 172,935 | $4M | 0.6% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 172,238 | $4M | 0.6% | 2026-Q2 |
| Private Advisor Group, LLC new | 132,510 | $3M | 0.5% | 2026-Q2 |
| NorthCrest Asset Manangement, LLC added | 130,507 | $3M | 0.5% | 2026-Q2 |
| ACIMA PRIVATE WEALTH, LLC added | 119,895 | $2M | 0.4% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 90,751 | $2M | 0.3% | 2026-Q2 |
| CENTRAL TRUST Co added | 70,000 | $1M | 0.2% | 2026-Q2 |
| ACT Advisors, LLC. added | 51,661 | $1M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 43,440 | $890K | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 36,744 | $753K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 31,737 | $651K | 0.1% | 2026-Q2 |
| WorthPointe, LLC trimmed | 30,357 | $622K | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 30,126 | $617K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 29,925 | $613K | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC new | 29,700 | $609K | 0.1% | 2026-Q2 |
| Family Capital Trust Co | 22,408 | $460K | 0.1% | 2026-Q2 |
| Your Advocates Ltd., LLP trimmed | 16,492 | $338K | 0.1% | 2026-Q2 |
| Matisse Capital | 15,600 | $320K | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 13,047 | $267K | 0.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC new | 10,631 | $218K | 0.0% | 2026-Q2 |
| Wealth Enhancement Trust Services, Inc. trimmed | 9,802 | $198K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 9,610 | $197K | 0.0% | 2026-Q2 |
| Blue Trust, Inc. added | 1,402 | $29K | 0.0% | 2026-Q2 |
| MORGAN STANLEY added | 901 | $18K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC trimmed | 545 | $11K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 268 | $5K | 0.0% | 2026-Q2 |
| FWL INVESTMENT MANAGEMENT, LLC | 47 | $968 | 0.0% | 2026-Q2 |
| Allworth Financial LP | 8 | $164 | 0.0% | 2026-Q2 |
| HANTZ FINANCIAL SERVICES, INC. added | 6,696,697 | $136M | 23.1% | 2026-Q1 stale (1 quarter behind) |
| Mariner, LLC added | 214,415 | $4M | 0.7% | 2026-Q1 stale (1 quarter behind) |
| BANK OF AMERICA CORP /DE/ added | 118,611 | $2M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Opes Wealth Management LLC added | 29,880 | $605K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Brooklyn Investment Group trimmed | 11,298 | $229K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| PRIVATE TRUST CO NA | 4,156 | $84K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| WELLS FARGO & COMPANY/MN added | 258 | $5K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| AE Wealth Management LLC | 53 | $1K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Millington Financial Advisors, LLC trimmed | 10,599 | $216K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 913 | $59K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| BlackRock, Inc. trimmed | 1,125 | $23K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| UBS Group AG trimmed | 401 | $8K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| MAI Capital Management added | 173 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| StoneX Group Inc. new | 51,186 | $1M | 0.2% | 2025-Q3 stale (3 quarters behind) |
| CWM, LLC added | 389 | $8K | 0.0% | 2025-Q3 stale (3 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.