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Institutional Ownership · SEC Form 13F

Who owns FMUB


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

27
Institutional holders
2M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on FMUB is one-sided between 2025-Q4 and 2026-Q1: 13 added or opened and 1 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

FMUB’s largest tracked holder by dollar value, CWM, LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in FMUB 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 27 tracked filers holding FMUB, 19 increased or opened the position and 9 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 FMUB 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 6

  • Wealth Alliance Advisory Group, LLC$14M
  • Clarity Retirement & Wealth, LLC$3M
  • Advyzon Investment Management, LLC$3M
  • LPL Financial LLC$765K
  • Independent Advisor Alliance$702K
  • PFG Advisors$522K

Largest adds

  • CWM, LLC$8M
  • Concurrent Investment Advisors, LLC$2M
  • JPMORGAN CHASE & CO$2M
  • HICKS CAPITAL MANAGEMENT LLC$1M
  • COMMONWEALTH EQUITY SERVICES, LLC$633K
  • Landmark Wealth Management, LLC$378K

Largest trims

  • FMR LLC$23M

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
CWM, LLC added1,193,840$60M54.7%2026-Q1
Wealth Alliance Advisory Group, LLC new284,394$14M13.0%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added160,451$8M7.4%2026-Q1
JPMORGAN CHASE & CO added82,160$4M3.8%2026-Q1
Clarity Retirement & Wealth, LLC new66,904$3M3.1%2026-Q1
Concurrent Investment Advisors, LLC added59,717$3M2.7%2026-Q1
Advyzon Investment Management, LLC new51,631$3M2.4%2026-Q1
HICKS CAPITAL MANAGEMENT LLC added33,100$2M1.5%2026-Q1
Avidian Wealth Enterprises, LLC trimmed28,300$1M1.3%2026-Q1
Advisory Services Network, LLC added26,132$1M1.2%2026-Q1
JANE STREET GROUP, LLC trimmed20,429$1M0.9%2026-Q1
Landmark Wealth Management, LLC added20,262$1M0.9%2026-Q1
Aptus Capital Advisors, LLC added17,757$899K0.8%2026-Q1
LPL Financial LLC new15,125$765K0.7%2026-Q1
OSAIC HOLDINGS, INC. trimmed14,137$716K0.6%2026-Q1
Independent Advisor Alliance new13,882$702K0.6%2026-Q1
Kestra Advisory Services, LLC added13,376$677K0.6%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added12,674$641K0.6%2026-Q1
IHT Wealth Management, LLC added12,110$613K0.6%2026-Q1
PFG Advisors new10,314$522K0.5%2026-Q1
Sequoia Financial Advisors, LLC6,199$314K0.3%2026-Q1
Cetera Investment Advisers new5,392$273K0.2%2026-Q1
Fifth Third Securities, Inc. trimmed4,975$252K0.2%2026-Q1
Sigma Planning Corp trimmed4,755$241K0.2%2026-Q1
Inspire Advisors, LLC new4,241$215K0.2%2026-Q1
MCF Advisors LLC880$45K0.0%2026-Q1
FMR LLC trimmed0$100.0%2026-Q1
Mariner, LLC new6,595$336K0.3%2025-Q4 stale
CITADEL ADVISORS LLC trimmed5,053$257K0.2%2025-Q3 stale
HRT FINANCIAL LP new4,919$250K0.2%2025-Q4 stale
FLAGSHIP HARBOR ADVISORS, LLC new1,118$57K0.1%2025-Q4 stale
Accredited Wealth Management, LLC new128,788$35K0.0%2025-Q3 stale
UBS Group AG new39$2K0.0%2025-Q3 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC. new00.0%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.

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