Who owns 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-Q2 13F filings (latest filed 2026-08-17). 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
58 tracked funds added or opened FMB while 36 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
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 2026-Q1 and 2026-Q2, across 292 tracked filers holding FMB, 160 increased or opened the position and 121 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 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 13
- Wealthspire Advisors, LLC$13M
- Vise Technologies, Inc.$9M
- VAQUERO PRIVATE WEALTH, LTD$3M
- Elequin Capital, LP$3M
- Midwest Financial Group LLC$2M
- GatePass Capital, LLC$2M
Full exits 16
- Janney Montgomery Scott LLC$24M
- Cambridge Investment Research Advisors, Inc.$15M
- GM Advisory Group, LLC$12M
- Independent Advisor Alliance$12M
- HighTower Advisors, LLC$9M
- Thrivent Financial for Lutherans$8M
Largest adds
- NewEdge Advisors, LLC$21M
- MORGAN STANLEY$10M
- OSAIC HOLDINGS, INC.$7M
- LPL Financial LLC$7M
- Logan Stone Capital, LLC$3M
- BANK OF AMERICA CORP /DE/$3M
Largest trims
- WELLS FARGO & COMPANY/MN$14M
- Summit Financial, LLC$4M
- JANE STREET GROUP, LLC$3M
- HFG Wealth Management, LLC$2M
- Gateway Wealth Partners, LLC$1M
- LAKE STREET PRIVATE WEALTH, LLC$1M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 3,496,125 | $180M | 13.0% | 2026-Q2 |
| LPL Financial LLC added | 2,423,152 | $124M | 9.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 2,127,424 | $109M | 7.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,078,113 | $107M | 7.7% | 2026-Q2 |
| UBS Group AG trimmed | 1,891,649 | $97M | 7.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,256,709 | $65M | 4.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 911,907 | $47M | 3.4% | 2026-Q2 |
| Avantax Planning Partners, Inc. trimmed | 837,252 | $43M | 3.1% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 782,447 | $40M | 2.9% | 2026-Q2 |
| NewEdge Advisors, LLC added | 497,684 | $26M | 1.9% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 443,110 | $23M | 1.7% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 428,848 | $22M | 1.6% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 396,678 | $20M | 1.5% | 2026-Q2 |
| RMR Wealth Builders added | 351,741 | $18M | 1.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 349,602 | $18M | 1.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 345,208 | $18M | 1.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 323,763 | $17M | 1.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 298,518 | $15M | 1.1% | 2026-Q2 |
| True Blue Financial, LLC added | 281,978 | $14M | 1.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 273,980 | $14M | 1.0% | 2026-Q2 |
| Composition Wealth, LLC trimmed | 251,295 | $13M | 0.9% | 2026-Q2 |
| Wealthspire Advisors, LLC new | 245,248 | $13M | 0.9% | 2026-Q2 |
| Frisch Financial Group, Inc. added | 228,347 | $12M | 0.9% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 209,609 | $11M | 0.8% | 2026-Q2 |
| MOTCO | 185,023 | $10M | 0.7% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 184,281 | $9M | 0.7% | 2026-Q2 |
| Vise Technologies, Inc. new | 169,893 | $9M | 0.6% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 164,013 | $8M | 0.6% | 2026-Q2 |
| First Heartland Consultants, Inc. added | 158,769 | $8M | 0.6% | 2026-Q2 |
| ERn Financial, LLC added | 152,769 | $8M | 0.6% | 2026-Q2 |
| BCGM Wealth Management, LLC added | 147,834 | $8M | 0.6% | 2026-Q2 |
| CITIGROUP INC trimmed | 147,830 | $8M | 0.6% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC trimmed | 134,362 | $7M | 0.5% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 134,195 | $7M | 0.5% | 2026-Q2 |
| HighPoint Advisor Group LLC trimmed | 130,420 | $7M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 127,378 | $7M | 0.5% | 2026-Q2 |
| CWA Asset Management Group, LLC added | 127,174 | $7M | 0.5% | 2026-Q2 |
| Blackhawk Capital Partners, LLC added | 115,918 | $6M | 0.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 113,429 | $6M | 0.4% | 2026-Q2 |
| Arax Advisory Partners added | 111,229 | $6M | 0.4% | 2026-Q2 |
| Logan Stone Capital, LLC added | 109,061 | $6M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 108,351 | $6M | 0.4% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 105,378 | $5M | 0.4% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 104,206 | $5M | 0.4% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 100,177 | $5M | 0.4% | 2026-Q2 |
| Brady Martz Wealth Solutions, LLC trimmed | 97,549 | $5M | 0.4% | 2026-Q2 |
| Equitable Holdings, Inc. added | 96,313 | $5M | 0.4% | 2026-Q2 |
| Allworth Financial LP added | 95,493 | $5M | 0.4% | 2026-Q2 |
| Advance Capital Management, Inc. added | 91,522 | $5M | 0.3% | 2026-Q2 |
| COUNTRY TRUST BANK added | 88,133 | $5M | 0.3% | 2026-Q2 |
| FSB PREMIER WEALTH MANAGEMENT, INC. trimmed | 87,089 | $4M | 0.3% | 2026-Q2 |
| Magnus Financial Group LLC added | 85,923 | $4M | 0.3% | 2026-Q2 |
| Etesian Wealth Advisors, Inc. trimmed | 85,581 | $4M | 0.3% | 2026-Q2 |
| Prestige Wealth Management Group LLC trimmed | 83,002 | $4M | 0.3% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 80,705 | $4M | 0.3% | 2026-Q2 |
| Uniting Wealth Partners, LLC added | 77,578 | $4M | 0.3% | 2026-Q2 |
| Investment Planning Advisors, Inc. added | 77,540 | $4M | 0.3% | 2026-Q2 |
| Landmark Wealth Management, LLC added | 71,872 | $4M | 0.3% | 2026-Q2 |
| Westside Investment Management, Inc. trimmed | 70,950 | $4M | 0.3% | 2026-Q2 |
| EdgeRock Capital LLC trimmed | 68,971 | $4M | 0.3% | 2026-Q2 |
| Mariner, LLC added | 68,562 | $4M | 0.3% | 2026-Q2 |
| Gateway Wealth Partners, LLC trimmed | 68,048 | $3M | 0.3% | 2026-Q2 |
| Mutual Advisors, LLC added | 67,769 | $3M | 0.3% | 2026-Q2 |
| ABLE Financial Group, LLC added | 64,829 | $3M | 0.2% | 2026-Q2 |
| Waverly Advisors, LLC added | 63,752 | $3M | 0.2% | 2026-Q2 |
| ARKANSAS FINANCIAL GROUP, INC. trimmed | 63,304 | $3M | 0.2% | 2026-Q2 |
| VAQUERO PRIVATE WEALTH, LTD new | 62,463 | $3M | 0.2% | 2026-Q2 |
| Per Stirling Capital Management, LLC. trimmed | 60,230 | $3M | 0.2% | 2026-Q2 |
| WealthCare Investment Partners, LLC added | 59,000 | $3M | 0.2% | 2026-Q2 |
| Elequin Capital, LP added | 58,398 | $3M | 0.2% | 2026-Q2 |
| Prospera Financial Services Inc added | 57,368 | $3M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 57,269 | $3M | 0.2% | 2026-Q2 |
| Hedeker Wealth, LLC trimmed | 56,785 | $3M | 0.2% | 2026-Q2 |
| CAPITAL FINANCIAL GROUP INC\CO\ /ADV added | 56,560 | $3M | 0.2% | 2026-Q2 |
| LAKE STREET PRIVATE WEALTH, LLC trimmed | 56,500 | $3M | 0.2% | 2026-Q2 |
| ARWA LLC added | 55,650 | $3M | 0.2% | 2026-Q2 |
| Clearwater Capital Advisors, LLC added | 55,553 | $3M | 0.2% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 54,938 | $3M | 0.2% | 2026-Q2 |
| INSPIRION WEALTH ADVISORS, LLC trimmed | 51,538 | $3M | 0.2% | 2026-Q2 |
| SENTINEL PENSION ADVISORS, LLC added | 51,218 | $3M | 0.2% | 2026-Q2 |
| Pine Valley Investments Ltd Liability Co trimmed | 48,915 | $3M | 0.2% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 44,983 | $2M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 44,542 | $2M | 0.2% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 44,033 | $2M | 0.2% | 2026-Q2 |
| Golden State Wealth Management, LLC trimmed | 43,391 | $2M | 0.2% | 2026-Q2 |
| Heck Capital Advisors, LLC added | 42,983 | $2M | 0.2% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 42,917 | $2M | 0.2% | 2026-Q2 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 42,479 | $2M | 0.2% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. added | 42,479 | $2M | 0.2% | 2026-Q2 |
| Midwest Financial Group LLC new | 42,306 | $2M | 0.2% | 2026-Q2 |
| RFG Advisory, LLC added | 41,784 | $2M | 0.2% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. added | 41,658 | $2M | 0.2% | 2026-Q2 |
| Keystone Financial Group added | 40,306 | $2M | 0.2% | 2026-Q2 |
| GatePass Capital, LLC new | 38,438 | $2M | 0.1% | 2026-Q2 |
| Weitzel Financial Services, Inc. added | 36,910 | $2M | 0.1% | 2026-Q2 |
| Western Wealth Management, LLC trimmed | 36,430 | $2M | 0.1% | 2026-Q2 |
| Friday Financial added | 35,854 | $2M | 0.1% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC added | 35,020 | $2M | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 34,600 | $2M | 0.1% | 2026-Q2 |
| Keating Financial Advisory Services, Inc. added | 33,688 | $2M | 0.1% | 2026-Q2 |
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.