Who owns FMDE
Which tracked institutional funds hold FMDE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FMDE company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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
The tracked-fund tape on FMDE is one-sided between 2026-Q1 and 2026-Q2: 119 added or opened and 25 trimmed or exited — on balance accumulating.
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
FMDE’s largest tracked holder by dollar value, WELLS FARGO & COMPANY/MN, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 0.1pp gap the other way — the median holder sizes FMDE more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FMDE 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 269 tracked filers holding FMDE, 196 increased or opened the position and 88 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 FMDE 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 21
- Advance Capital Management, Inc.$132M
- CITADEL ADVISORS LLC$119M
- Duncan Williams Asset Management, LLC$22M
- TWO SIGMA INVESTMENTS, LP$20M
- ELEVATION POINT WEALTH PARTNERS, LLC$15M
- Redhawk Wealth Advisors, Inc.$11M
Full exits 17
- Capital Analysts, LLC$66M
- Cambridge Investment Research Advisors, Inc.$17M
- CWM, LLC$11M
- HighTower Advisors, LLC$7M
- JANE STREET GROUP, LLC$6M
- PARK AVENUE SECURITIES LLC$5M
Largest adds
- WELLS FARGO & COMPANY/MN$223M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$142M
- AMERIPRISE FINANCIAL INC$71M
- FMR LLC$65M
- LPL Financial LLC$53M
- Cetera Investment Advisers$46M
Largest trims
- Waterway Wealth Management, LLC$5M
- Farther Finance Advisors, LLC$3M
- Noble Wealth Management PBC$3M
- Private Advisor Group, LLC$2M
- Snider Financial Group$2M
- LongView Wealth Management$2M
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 |
|---|---|---|---|---|
| WELLS FARGO & COMPANY/MN added | 24,055,138 | $976M | 20.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 13,272,880 | $539M | 11.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 12,567,707 | $510M | 10.7% | 2026-Q2 |
| FMR LLC added | 10,273,201 | $417M | 8.7% | 2026-Q2 |
| LPL Financial LLC added | 6,411,057 | $260M | 5.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 3,848,941 | $156M | 3.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 3,835,022 | $156M | 3.3% | 2026-Q2 |
| Advance Capital Management, Inc. new | 3,252,118 | $132M | 2.8% | 2026-Q2 |
| Cetera Investment Advisers added | 2,938,701 | $119M | 2.5% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 2,926,269 | $119M | 2.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 2,682,006 | $109M | 2.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,983,161 | $80M | 1.7% | 2026-Q2 |
| MORGAN STANLEY added | 1,882,695 | $76M | 1.6% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 1,694,747 | $69M | 1.4% | 2026-Q2 |
| Richard P Slaughter Associates Inc added | 1,417,443 | $58M | 1.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,300,223 | $53M | 1.1% | 2026-Q2 |
| Madison Wealth Partners, Inc added | 1,298,333 | $53M | 1.1% | 2026-Q2 |
| GW HENSSLER & ASSOCIATES LTD added | 1,211,113 | $49M | 1.0% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 1,083,146 | $44M | 0.9% | 2026-Q2 |
| KFG WEALTH MANAGEMENT, LLC added | 947,794 | $38M | 0.8% | 2026-Q2 |
| McNamara Financial Services, Inc. added | 773,260 | $31M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 740,187 | $30M | 0.6% | 2026-Q2 |
| Lifelong Wealth Advisors, Inc. trimmed | 736,675 | $30M | 0.6% | 2026-Q2 |
| Kendall Capital Management added | 666,866 | $27M | 0.6% | 2026-Q2 |
| UBS Group AG added | 662,335 | $27M | 0.6% | 2026-Q2 |
| ADAMSBROWN WEALTH CONSULTANTS LLC added | 625,634 | $25M | 0.5% | 2026-Q2 |
| Summit Financial Wealth Advisors, LLC added | 579,236 | $24M | 0.5% | 2026-Q2 |
| Equitable Holdings, Inc. added | 577,180 | $23M | 0.5% | 2026-Q2 |
| Retirement Management Systems Inc. added | 562,734 | $23M | 0.5% | 2026-Q2 |
| Duncan Williams Asset Management, LLC new | 533,933 | $22M | 0.5% | 2026-Q2 |
| Tyche Wealth Partners LLC trimmed | 532,786 | $22M | 0.5% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 499,800 | $20M | 0.4% | 2026-Q2 |
| WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC added | 446,041 | $18M | 0.4% | 2026-Q2 |
| Merit Financial Group, LLC added | 435,269 | $18M | 0.4% | 2026-Q2 |
| Mayfair Advisory Group, LLC added | 430,650 | $17M | 0.4% | 2026-Q2 |
| Baird Financial Group, Inc. added | 387,191 | $16M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 383,709 | $16M | 0.3% | 2026-Q2 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 374,896 | $15M | 0.3% | 2026-Q2 |
| Parkside Investments, LLC trimmed | 333,931 | $14M | 0.3% | 2026-Q2 |
| STALEY CAPITAL ADVISERS INC added | 313,865 | $13M | 0.3% | 2026-Q2 |
| Serenity Investment Advisors added | 307,968 | $13M | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 298,529 | $12M | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 296,461 | $12M | 0.3% | 2026-Q2 |
| Redhawk Wealth Advisors, Inc. trimmed | 281,464 | $11M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 272,921 | $11M | 0.2% | 2026-Q2 |
| Prosperity Consulting Group, LLC trimmed | 256,762 | $10M | 0.2% | 2026-Q2 |
| LEVEL FOUR ADVISORY SERVICES, LLC added | 255,337 | $10M | 0.2% | 2026-Q2 |
| Armor Investment Advisors, LLC trimmed | 241,066 | $10M | 0.2% | 2026-Q2 |
| Waterway Wealth Management, LLC trimmed | 229,205 | $8M | 0.2% | 2026-Q2 |
| Base Wealth Management LLC added | 225,308 | $9M | 0.2% | 2026-Q2 |
| &PARTNERS added | 224,605 | $9M | 0.2% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 208,652 | $8M | 0.2% | 2026-Q2 |
| AdvisorNet Financial, Inc added | 206,776 | $8M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 203,465 | $8M | 0.2% | 2026-Q2 |
| Strata Wealth Advisors, LLC added | 202,799 | $8M | 0.2% | 2026-Q2 |
| Pathstone Holdings, LLC added | 199,337 | $8M | 0.2% | 2026-Q2 |
| Aspen Wealth Strategies, LLC added | 196,721 | $8M | 0.2% | 2026-Q2 |
| Provident Wealth Management, LLC new | 195,648 | $8M | 0.2% | 2026-Q2 |
| Broadway Wealth Solutions, Inc. added | 188,440 | $8M | 0.2% | 2026-Q2 |
| Sound Portfolio Advisors, LLC added | 150,403 | $6M | 0.1% | 2026-Q2 |
| First Heartland Consultants, Inc. added | 145,203 | $6M | 0.1% | 2026-Q2 |
| FLYNN ZITO CAPITAL MANAGEMENT, LLC added | 133,390 | $5M | 0.1% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 132,196 | $5M | 0.1% | 2026-Q2 |
| BARNES PETTEY FINANCIAL ADVISORS, LLC added | 132,122 | $5M | 0.1% | 2026-Q2 |
| IAG Wealth Partners, LLC trimmed | 121,125 | $5M | 0.1% | 2026-Q2 |
| Mutual Advisors, LLC added | 114,544 | $5M | 0.1% | 2026-Q2 |
| Founders Financial Alliance, LLC added | 105,643 | $4M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 105,548 | $4M | 0.1% | 2026-Q2 |
| VALLEY NATIONAL ADVISERS INC trimmed | 105,485 | $4M | 0.1% | 2026-Q2 |
| GREATMARK INVESTMENT PARTNERS, INC. new | 105,130 | $4M | 0.1% | 2026-Q2 |
| HB Wealth Management, LLC new | 103,823 | $4M | 0.1% | 2026-Q2 |
| PFG Advisors trimmed | 103,348 | $4M | 0.1% | 2026-Q2 |
| INVESTMENT ADVISORY SERVICES INC /TX /ADV added | 101,609 | $4M | 0.1% | 2026-Q2 |
| LYNCH & ASSOCIATES/IN added | 101,115 | $4M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 98,480 | $4M | 0.1% | 2026-Q2 |
| Andrews Advisory Associates, LLC added | 95,034 | $4M | 0.1% | 2026-Q2 |
| TD PRIVATE CLIENT WEALTH LLC added | 92,938 | $4M | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 92,557 | $4M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 89,165 | $4M | 0.1% | 2026-Q2 |
| FMA Wealth Management, LLC trimmed | 87,461 | $4M | 0.1% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. added | 86,876 | $4M | 0.1% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 84,867 | $3M | 0.1% | 2026-Q2 |
| Cornerstone Wealth, LLC/TN added | 83,929 | $3M | 0.1% | 2026-Q2 |
| SUMMIT WEALTH GROUP LLC / CO added | 82,725 | $3M | 0.1% | 2026-Q2 |
| Cornell Pochily Investment Advisors, Inc. added | 78,944 | $3M | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 78,839 | $3M | 0.1% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 78,649 | $3M | 0.1% | 2026-Q2 |
| Clearwave Capital, LLC added | 74,620 | $3M | 0.1% | 2026-Q2 |
| BG Investment Services, LLC added | 70,861 | $3M | 0.1% | 2026-Q2 |
| OneDigital Investment Advisors LLC trimmed | 69,958 | $3M | 0.1% | 2026-Q2 |
| IHT Wealth Management, LLC added | 68,826 | $3M | 0.1% | 2026-Q2 |
| UPTICK PARTNERS, LLC added | 68,290 | $3M | 0.1% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 67,319 | $3M | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 64,261 | $3M | 0.1% | 2026-Q2 |
| Cassilly Financial Group LLC added | 62,685 | $3M | 0.1% | 2026-Q2 |
| LongView Wealth Management trimmed | 62,366 | $3M | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 61,587 | $2M | 0.1% | 2026-Q2 |
| IFG Advisory, LLC added | 59,679 | $2M | 0.1% | 2026-Q2 |
| STEPHENS INC /AR/ added | 58,343 | $2M | 0.0% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 58,332 | $2M | 0.0% | 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.