Who owns FMUN
Which tracked institutional funds hold FMUN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FMUN company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 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 FMUN is one-sided between 2025-Q4 and 2026-Q1: 1 added or opened and 5 trimmed or exited — on balance reducing.
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
FMUN’s largest tracked holder by dollar value, Riverview Trust Co, sizes it at 21.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 21.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FMUN 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 22 tracked filers holding FMUN, 12 increased or opened the position and 10 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 FMUN 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.
Full exits 2
- Global Retirement Partners, LLC$2M
- MARS JEWETT FINANCIAL GROUP, INC.$653K
Largest adds
- Embree Financial Group$353K
Largest trims
- OSAIC HOLDINGS, INC.$1M
- JANE STREET GROUP, LLC$546K
- LPL Financial LLC$436K
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 |
|---|---|---|---|---|
| Riverview Trust Co | 351,465 | $17M | 40.9% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 82,505 | $4M | 9.6% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 80,870 | $4M | 9.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 80,380 | $4M | 9.4% | 2026-Q1 |
| Life Planning Partners, Inc trimmed | 44,768 | $2M | 5.2% | 2026-Q1 |
| Financial Planning Fort Collins, LLC added | 37,293 | $2M | 4.4% | 2026-Q1 |
| Embree Financial Group added | 18,377 | $912K | 2.1% | 2026-Q1 |
| Avidian Wealth Enterprises, LLC added | 14,800 | $735K | 1.7% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 7,911 | $393K | 0.9% | 2026-Q1 |
| Sigma Planning Corp trimmed | 5,949 | $295K | 0.7% | 2026-Q1 |
| Global Wealth Management, LLC added | 5,884 | $292K | 0.7% | 2026-Q1 |
| CAMELOT TECHNOLOGY ADVISORS, INC. added | 5,603 | $278K | 0.7% | 2026-Q1 |
| Quantinno Capital Management LP new | 5,117 | $254K | 0.6% | 2026-Q1 |
| CAHABA WEALTH MANAGEMENT, INC. | 4,700 | $233K | 0.5% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 4,109 | $204K | 0.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 3,985 | $198K | 0.5% | 2026-Q1 |
| TD Capital Management LLC added | 3,540 | $176K | 0.4% | 2026-Q1 |
| Advisory Services Network, LLC added | 3,132 | $155K | 0.4% | 2026-Q1 |
| Stone House Investment Management, LLC new | 2,821 | $140K | 0.3% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC new | 672 | $33K | 0.1% | 2026-Q1 |
| IFP Advisors, Inc trimmed | 561 | $28K | 0.1% | 2026-Q1 |
| FMR LLC trimmed | 463 | $23K | 0.1% | 2026-Q1 |
| Global Retirement Partners, LLC new | 43,572 | $2M | 5.1% | 2025-Q4 stale |
| MARS JEWETT FINANCIAL GROUP, INC. new | 12,868 | $653K | 1.5% | 2025-Q4 stale |
| HRT FINANCIAL LP new | 7,543 | $375K | 0.9% | 2025-Q3 stale |
| Strategic Equity Management new | 7,343 | $357K | 0.8% | 2025-Q2 stale |
| KESTRA PRIVATE WEALTH SERVICES, LLC new | 6,541 | $318K | 0.7% | 2025-Q2 stale |
| Investment Advisory Group, LLC new | 4,958 | $247K | 0.6% | 2025-Q3 stale |
| MONEYWISE, INC. new | 5,022 | $244K | 0.6% | 2025-Q2 stale |
| Mariner, LLC added | 4,463 | $222K | 0.5% | 2025-Q3 stale |
| UBS Group AG new | 505 | $25K | 0.1% | 2025-Q2 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. new | 0 | — | 0.0% | 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.
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.