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Institutional Ownership · SEC Form 13F

Who owns FMB (FMB)


Which tracked institutional funds hold FMB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FMB 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.

295
Institutional holders
29,970,045
Shares held (tracked funds)

How the tape is positioned

63 tracked funds added or opened FMB while 41 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

FMB’s largest tracked holder by dollar value, MORGAN STANLEY, 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 FMB more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in FMB 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 295 tracked filers holding FMB, 158 increased or opened the position and 125 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 FMB 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 7

  • Independent Advisor Alliance$12M
  • Focus Partners Advisor Solutions, LLC$7M
  • Uniting Wealth Partners, LLC$4M
  • Logan Stone Capital, LLC$2M
  • Forum Finance Group S.A.$1M
  • Scissortail Wealth Management, LLC$944K

Full exits 12

  • TrueWealth Financial Partners$13M
  • COMERICA BANK$5M
  • Pine Valley Investments Ltd Liability Co$2M
  • SteelPeak Wealth, LLC$2M
  • Tower Research Capital LLC (TRC)$1M
  • Pursuit Wealth Management LLC$1M

Largest adds

  • MORGAN STANLEY$19M
  • BANK OF AMERICA CORP /DE/$10M
  • OneDigital Investment Advisors LLC$8M
  • HighTower Advisors, LLC$6M
  • FIFTH THIRD BANCORP$4M
  • Cambridge Investment Research Advisors, Inc.$4M

Largest trims

  • Composition Wealth, LLC$47M
  • NewEdge Advisors, LLC$16M
  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$16M
  • JANE STREET GROUP, LLC$6M
  • Frisch Financial Group, Inc.$4M
  • ROYAL BANK OF CANADA$2M

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
MORGAN STANLEY added3,340,219$169M11.8%2026-Q1
WELLS FARGO & COMPANY/MN added2,428,741$123M8.6%2026-Q1
LPL Financial LLC added2,328,660$118M8.2%2026-Q1
BANK OF AMERICA CORP /DE/ added2,046,794$104M7.2%2026-Q1
UBS Group AG added1,904,095$96M6.7%2026-Q1
RAYMOND JAMES FINANCIAL INC added1,224,317$62M4.3%2026-Q1
Avantax Planning Partners, Inc. trimmed842,907$43M3.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed786,032$40M2.8%2026-Q1
OneDigital Investment Advisors LLC added744,427$38M2.6%2026-Q1
Janney Montgomery Scott LLC added468,362$24M1.7%2026-Q1
TRUIST FINANCIAL CORP added430,414$22M1.6%2026-Q1
Cetera Investment Advisers added418,100$21M1.5%2026-Q1
ROYAL BANK OF CANADA trimmed416,337$21M1.5%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed348,146$18M1.2%2026-Q1
RMR Wealth Builders added333,050$17M1.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added323,948$16M1.1%2026-Q1
Rockefeller Capital Management L.P. added318,032$16M1.1%2026-Q1
Cambridge Investment Research Advisors, Inc. added300,472$15M1.1%2026-Q1
STIFEL FINANCIAL CORP added297,670$15M1.1%2026-Q1
True Blue Financial, LLC added269,428$14M1.0%2026-Q1
Composition Wealth, LLC trimmed253,946$13M0.9%2026-Q1
GM Advisory Group, LLC trimmed240,580$12M0.8%2026-Q1
Independent Advisor Alliance trimmed234,268$12M0.8%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed223,552$11M0.8%2026-Q1
JONES FINANCIAL COMPANIES LLLP added223,781$11M0.8%2026-Q1
Frisch Financial Group, Inc. trimmed220,140$11M0.8%2026-Q1
Bank of New York Mellon Corp trimmed185,709$9M0.7%2026-Q1
MOTCO trimmed185,023$9M0.7%2026-Q1
HighTower Advisors, LLC added178,118$9M0.6%2026-Q1
Thrivent Financial for Lutherans added159,105$8M0.6%2026-Q1
ERn Financial, LLC trimmed152,273$8M0.5%2026-Q1
Kestra Advisory Services, LLC added151,964$8M0.5%2026-Q1
CITIGROUP INC trimmed151,748$8M0.5%2026-Q1
JOURNEY STRATEGIC WEALTH LLC added146,105$7M0.5%2026-Q1
First Heartland Consultants, Inc. added145,146$7M0.5%2026-Q1
Sequoia Financial Advisors, LLC trimmed141,120$7M0.5%2026-Q1
BCGM Wealth Management, LLC added138,020$7M0.5%2026-Q1
Focus Partners Advisor Solutions, LLC added135,459$7M0.5%2026-Q1
HighPoint Advisor Group LLC trimmed133,877$7M0.5%2026-Q1
FOSTER & MOTLEY INC added127,437$6M0.5%2026-Q1
CWA Asset Management Group, LLC trimmed126,749$6M0.4%2026-Q1
CWM, LLC trimmed123,047$6M0.4%2026-Q1
Blackhawk Capital Partners, LLC added114,133$6M0.4%2026-Q1
Steward Partners Investment Advisory, LLC added108,710$6M0.4%2026-Q1
Private Advisor Group, LLC added108,429$5M0.4%2026-Q1
Sanctuary Advisors, LLC trimmed103,233$5M0.4%2026-Q1
Brady Martz Wealth Solutions, LLC trimmed100,042$5M0.4%2026-Q1
Gateway Wealth Partners, LLC added97,524$5M0.3%2026-Q1
Summit Financial, LLC trimmed96,884$5M0.3%2026-Q1
MGO ONE SEVEN LLC added96,740$5M0.3%2026-Q1
Equitable Holdings, Inc. added93,637$5M0.3%2026-Q1
JPMORGAN CHASE & CO added94,356$5M0.3%2026-Q1
MML INVESTORS SERVICES, LLC trimmed92,759$5M0.3%2026-Q1
JANE STREET GROUP, LLC trimmed91,786$5M0.3%2026-Q1
Allworth Financial LP added88,794$4M0.3%2026-Q1
FSB PREMIER WEALTH MANAGEMENT, INC. added87,194$4M0.3%2026-Q1
NewEdge Advisors, LLC trimmed348,652$4M0.3%2026-Q1
FIFTH THIRD BANCORP added86,924$4M0.3%2026-Q1
Etesian Wealth Advisors, Inc. added86,698$4M0.3%2026-Q1
COUNTRY TRUST BANK added84,887$4M0.3%2026-Q1
Magnus Financial Group LLC trimmed84,022$4M0.3%2026-Q1
Prestige Wealth Management Group LLC added83,712$4M0.3%2026-Q1
LAKE STREET PRIVATE WEALTH, LLC trimmed83,500$4M0.3%2026-Q1
Advance Capital Management, Inc. added82,571$4M0.3%2026-Q1
Investment Planning Advisors, Inc. added76,795$4M0.3%2026-Q1
EdgeRock Capital LLC added76,362$4M0.3%2026-Q1
Uniting Wealth Partners, LLC added74,667$4M0.3%2026-Q1
Arax Advisory Partners added74,092$4M0.3%2026-Q1
Westside Investment Management, Inc. added72,959$4M0.3%2026-Q1
Per Stirling Capital Management, LLC. added67,837$3M0.2%2026-Q1
Mariner, LLC trimmed67,481$3M0.2%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added66,293$3M0.2%2026-Q1
Landmark Wealth Management, LLC added66,475$3M0.2%2026-Q1
Mutual Advisors, LLC added66,394$3M0.2%2026-Q1
Seascape Capital Management64,250$3M0.2%2026-Q1
ARKANSAS FINANCIAL GROUP, INC. trimmed63,546$3M0.2%2026-Q1
Waverly Advisors, LLC added63,519$3M0.2%2026-Q1
Hedeker Wealth, LLC added62,644$3M0.2%2026-Q1
CITADEL ADVISORS LLC added61,320$3M0.2%2026-Q1
WealthCare Investment Partners, LLC added58,435$3M0.2%2026-Q1
CAPITAL FINANCIAL GROUP INC\CO\ /ADV added56,520$3M0.2%2026-Q1
Prospera Financial Services Inc added56,034$3M0.2%2026-Q1
Clearwater Capital Advisors, LLC trimmed54,627$3M0.2%2026-Q1
INSPIRION WEALTH ADVISORS, LLC trimmed51,938$3M0.2%2026-Q1
ABLE Financial Group, LLC added51,312$3M0.2%2026-Q1
SENTINEL PENSION ADVISORS, LLC trimmed51,038$3M0.2%2026-Q1
Baird Financial Group, Inc. added49,033$2M0.2%2026-Q1
HARBOUR INVESTMENTS, INC. added46,237$2M0.2%2026-Q1
Golden State Wealth Management, LLC trimmed44,925$2M0.2%2026-Q1
CW Advisors, LLC added468,324$23M1.6%2025-Q2 stale
TrueWealth Financial Partners new248,749$13M0.9%2025-Q4 stale
AVANTAX ADVISORY SERVICES, INC. trimmed129,342$6M0.4%2025-Q2 stale
COMERICA BANK trimmed89,577$5M0.3%2025-Q4 stale
DOHJ, LLC added85,286$4M0.3%2025-Q2 stale
Elios Financial Group Inc. added75,507$4M0.3%2025-Q2 stale
First Horizon Advisors, Inc. trimmed70,577$4M0.2%2025-Q2 stale
Grant/GrossMendelsohn, LLC added54,637$3M0.2%2025-Q1 stale
Pine Valley Investments Ltd Liability Co trimmed48,650$2M0.2%2025-Q4 stale
Naviter Wealth, LLC added47,616$2M0.2%2025-Q1 stale
Financial Advocates Investment Management trimmed47,536$2M0.2%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.

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