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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 3,340,219 | $169M | 11.8% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,428,741 | $123M | 8.6% | 2026-Q1 |
| LPL Financial LLC added | 2,328,660 | $118M | 8.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 2,046,794 | $104M | 7.2% | 2026-Q1 |
| UBS Group AG added | 1,904,095 | $96M | 6.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,224,317 | $62M | 4.3% | 2026-Q1 |
| Avantax Planning Partners, Inc. trimmed | 842,907 | $43M | 3.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 786,032 | $40M | 2.8% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 744,427 | $38M | 2.6% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 468,362 | $24M | 1.7% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 430,414 | $22M | 1.6% | 2026-Q1 |
| Cetera Investment Advisers added | 418,100 | $21M | 1.5% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 416,337 | $21M | 1.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 348,146 | $18M | 1.2% | 2026-Q1 |
| RMR Wealth Builders added | 333,050 | $17M | 1.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 323,948 | $16M | 1.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 318,032 | $16M | 1.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 300,472 | $15M | 1.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 297,670 | $15M | 1.1% | 2026-Q1 |
| True Blue Financial, LLC added | 269,428 | $14M | 1.0% | 2026-Q1 |
| Composition Wealth, LLC trimmed | 253,946 | $13M | 0.9% | 2026-Q1 |
| GM Advisory Group, LLC trimmed | 240,580 | $12M | 0.8% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 234,268 | $12M | 0.8% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 223,552 | $11M | 0.8% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 223,781 | $11M | 0.8% | 2026-Q1 |
| Frisch Financial Group, Inc. trimmed | 220,140 | $11M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 185,709 | $9M | 0.7% | 2026-Q1 |
| MOTCO trimmed | 185,023 | $9M | 0.7% | 2026-Q1 |
| HighTower Advisors, LLC added | 178,118 | $9M | 0.6% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 159,105 | $8M | 0.6% | 2026-Q1 |
| ERn Financial, LLC trimmed | 152,273 | $8M | 0.5% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 151,964 | $8M | 0.5% | 2026-Q1 |
| CITIGROUP INC trimmed | 151,748 | $8M | 0.5% | 2026-Q1 |
| JOURNEY STRATEGIC WEALTH LLC added | 146,105 | $7M | 0.5% | 2026-Q1 |
| First Heartland Consultants, Inc. added | 145,146 | $7M | 0.5% | 2026-Q1 |
| Sequoia Financial Advisors, LLC trimmed | 141,120 | $7M | 0.5% | 2026-Q1 |
| BCGM Wealth Management, LLC added | 138,020 | $7M | 0.5% | 2026-Q1 |
| Focus Partners Advisor Solutions, LLC added | 135,459 | $7M | 0.5% | 2026-Q1 |
| HighPoint Advisor Group LLC trimmed | 133,877 | $7M | 0.5% | 2026-Q1 |
| FOSTER & MOTLEY INC added | 127,437 | $6M | 0.5% | 2026-Q1 |
| CWA Asset Management Group, LLC trimmed | 126,749 | $6M | 0.4% | 2026-Q1 |
| CWM, LLC trimmed | 123,047 | $6M | 0.4% | 2026-Q1 |
| Blackhawk Capital Partners, LLC added | 114,133 | $6M | 0.4% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 108,710 | $6M | 0.4% | 2026-Q1 |
| Private Advisor Group, LLC added | 108,429 | $5M | 0.4% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 103,233 | $5M | 0.4% | 2026-Q1 |
| Brady Martz Wealth Solutions, LLC trimmed | 100,042 | $5M | 0.4% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 97,524 | $5M | 0.3% | 2026-Q1 |
| Summit Financial, LLC trimmed | 96,884 | $5M | 0.3% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 96,740 | $5M | 0.3% | 2026-Q1 |
| Equitable Holdings, Inc. added | 93,637 | $5M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 94,356 | $5M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 92,759 | $5M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 91,786 | $5M | 0.3% | 2026-Q1 |
| Allworth Financial LP added | 88,794 | $4M | 0.3% | 2026-Q1 |
| FSB PREMIER WEALTH MANAGEMENT, INC. added | 87,194 | $4M | 0.3% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 348,652 | $4M | 0.3% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 86,924 | $4M | 0.3% | 2026-Q1 |
| Etesian Wealth Advisors, Inc. added | 86,698 | $4M | 0.3% | 2026-Q1 |
| COUNTRY TRUST BANK added | 84,887 | $4M | 0.3% | 2026-Q1 |
| Magnus Financial Group LLC trimmed | 84,022 | $4M | 0.3% | 2026-Q1 |
| Prestige Wealth Management Group LLC added | 83,712 | $4M | 0.3% | 2026-Q1 |
| LAKE STREET PRIVATE WEALTH, LLC trimmed | 83,500 | $4M | 0.3% | 2026-Q1 |
| Advance Capital Management, Inc. added | 82,571 | $4M | 0.3% | 2026-Q1 |
| Investment Planning Advisors, Inc. added | 76,795 | $4M | 0.3% | 2026-Q1 |
| EdgeRock Capital LLC added | 76,362 | $4M | 0.3% | 2026-Q1 |
| Uniting Wealth Partners, LLC added | 74,667 | $4M | 0.3% | 2026-Q1 |
| Arax Advisory Partners added | 74,092 | $4M | 0.3% | 2026-Q1 |
| Westside Investment Management, Inc. added | 72,959 | $4M | 0.3% | 2026-Q1 |
| Per Stirling Capital Management, LLC. added | 67,837 | $3M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 67,481 | $3M | 0.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 66,293 | $3M | 0.2% | 2026-Q1 |
| Landmark Wealth Management, LLC added | 66,475 | $3M | 0.2% | 2026-Q1 |
| Mutual Advisors, LLC added | 66,394 | $3M | 0.2% | 2026-Q1 |
| Seascape Capital Management | 64,250 | $3M | 0.2% | 2026-Q1 |
| ARKANSAS FINANCIAL GROUP, INC. trimmed | 63,546 | $3M | 0.2% | 2026-Q1 |
| Waverly Advisors, LLC added | 63,519 | $3M | 0.2% | 2026-Q1 |
| Hedeker Wealth, LLC added | 62,644 | $3M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 61,320 | $3M | 0.2% | 2026-Q1 |
| WealthCare Investment Partners, LLC added | 58,435 | $3M | 0.2% | 2026-Q1 |
| CAPITAL FINANCIAL GROUP INC\CO\ /ADV added | 56,520 | $3M | 0.2% | 2026-Q1 |
| Prospera Financial Services Inc added | 56,034 | $3M | 0.2% | 2026-Q1 |
| Clearwater Capital Advisors, LLC trimmed | 54,627 | $3M | 0.2% | 2026-Q1 |
| INSPIRION WEALTH ADVISORS, LLC trimmed | 51,938 | $3M | 0.2% | 2026-Q1 |
| ABLE Financial Group, LLC added | 51,312 | $3M | 0.2% | 2026-Q1 |
| SENTINEL PENSION ADVISORS, LLC trimmed | 51,038 | $3M | 0.2% | 2026-Q1 |
| Baird Financial Group, Inc. added | 49,033 | $2M | 0.2% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 46,237 | $2M | 0.2% | 2026-Q1 |
| Golden State Wealth Management, LLC trimmed | 44,925 | $2M | 0.2% | 2026-Q1 |
| CW Advisors, LLC added | 468,324 | $23M | 1.6% | 2025-Q2 stale |
| TrueWealth Financial Partners new | 248,749 | $13M | 0.9% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 129,342 | $6M | 0.4% | 2025-Q2 stale |
| COMERICA BANK trimmed | 89,577 | $5M | 0.3% | 2025-Q4 stale |
| DOHJ, LLC added | 85,286 | $4M | 0.3% | 2025-Q2 stale |
| Elios Financial Group Inc. added | 75,507 | $4M | 0.3% | 2025-Q2 stale |
| First Horizon Advisors, Inc. trimmed | 70,577 | $4M | 0.2% | 2025-Q2 stale |
| Grant/GrossMendelsohn, LLC added | 54,637 | $3M | 0.2% | 2025-Q1 stale |
| Pine Valley Investments Ltd Liability Co trimmed | 48,650 | $2M | 0.2% | 2025-Q4 stale |
| Naviter Wealth, LLC added | 47,616 | $2M | 0.2% | 2025-Q1 stale |
| Financial Advocates Investment Management trimmed | 47,536 | $2M | 0.2% | 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.
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.