Who owns FND (FND)
Which tracked institutional funds hold FND, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FND 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
92 tracked funds added or opened FND while 157 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
FND’s largest tracked holder by dollar value, VANGUARD GROUP INC, 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 FND more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FND 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 443 tracked filers holding FND, 268 increased or opened the position and 219 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 FND 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 33
- VANGUARD CAPITAL MANAGEMENT LLC$246M
- VANGUARD PORTFOLIO MANAGEMENT LLC$227M
- VANGUARD FIDUCIARY TRUST CO$34M
- Aperture Investors, LLC$24M
- MARSHALL WACE, LLP$24M
- Alua Capital Management LP$22M
Full exits 31
- VANGUARD GROUP INC$601M
- BAILLIE GIFFORD & CO$97M
- NZS Capital, LLC$16M
- Vontobel Holding Ltd.$13M
- Teca Partners, LP$12M
- LITTLEJOHN & CO LLC$8M
Largest adds
- TURTLE CREEK ASSET MANAGEMENT INC.$117M
- T. Rowe Price Investment Management, Inc.$79M
- FMR LLC$50M
- Walleye Capital LLC$37M
- Focus Partners Wealth$36M
- JONES FINANCIAL COMPANIES LLLP$36M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$416M
- MORGAN STANLEY$220M
- Capital World Investors$135M
- BlackRock, Inc.$135M
- STEADFAST CAPITAL MANAGEMENT LP$116M
- Point72 Asset Management, L.P.$68M
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 |
|---|---|---|---|---|
| FMR LLC added | 10,552,789 | $536M | 7.2% | 2026-Q1 |
| BlackRock, Inc. trimmed | 9,459,678 | $481M | 6.5% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 6,837,639 | $347M | 4.7% | 2026-Q1 |
| Capital World Investors trimmed | 6,297,143 | $320M | 4.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,846,869 | $246M | 3.3% | 2026-Q1 |
| TURTLE CREEK ASSET MANAGEMENT INC. added | 4,640,376 | $236M | 3.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 4,476,867 | $227M | 3.1% | 2026-Q1 |
| STATE STREET CORP added | 3,251,071 | $165M | 2.2% | 2026-Q1 |
| WASATCH ADVISORS LP added | 2,897,074 | $147M | 2.0% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,606,871 | $132M | 1.8% | 2026-Q1 |
| TIMUCUAN ASSET MANAGEMENT INC/FL added | 2,585,343 | $131M | 1.8% | 2026-Q1 |
| Champlain Investment Partners, LLC added | 2,273,664 | $116M | 1.6% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 2,170,633 | $110M | 1.5% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,036,848 | $103M | 1.4% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 1,909,072 | $97M | 1.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,807,367 | $92M | 1.2% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 1,678,796 | $85M | 1.1% | 2026-Q1 |
| Capital International Investors added | 1,579,949 | $80M | 1.1% | 2026-Q1 |
| FIL Ltd trimmed | 1,547,186 | $79M | 1.1% | 2026-Q1 |
| Focus Partners Wealth added | 1,524,737 | $77M | 1.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,501,698 | $76M | 1.0% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 1,429,394 | $73M | 1.0% | 2026-Q1 |
| Madison Asset Management, LLC trimmed | 1,369,459 | $70M | 0.9% | 2026-Q1 |
| WORLDLY PARTNERS MANAGEMENT, LLC added | 1,329,180 | $68M | 0.9% | 2026-Q1 |
| BAMCO INC /NY/ trimmed | 1,273,764 | $65M | 0.9% | 2026-Q1 |
| Hook Mill Capital Partners, LP added | 1,201,933 | $61M | 0.8% | 2026-Q1 |
| Two Creeks Capital Management, LP trimmed | 1,160,390 | $59M | 0.8% | 2026-Q1 |
| Ruffer LLP added | 1,100,725 | $56M | 0.8% | 2026-Q1 |
| DISCIPLINED GROWTH INVESTORS INC /MN trimmed | 1,091,841 | $55M | 0.7% | 2026-Q1 |
| Fisher Funds Management LTD added | 1,086,888 | $55M | 0.7% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 1,066,475 | $54M | 0.7% | 2026-Q1 |
| UBS Group AG added | 1,059,075 | $54M | 0.7% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 1,025,030 | $52M | 0.7% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 981,056 | $50M | 0.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 950,527 | $47M | 0.6% | 2026-Q1 |
| STEADFAST CAPITAL MANAGEMENT LP trimmed | 918,876 | $47M | 0.6% | 2026-Q1 |
| Van Berkom & Associates Inc. trimmed | 902,361 | $46M | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 894,473 | $45M | 0.6% | 2026-Q1 |
| Atlas FRM LLC added | 894,000 | $45M | 0.6% | 2026-Q1 |
| IMC-Chicago, LLC added | 836,951 | $43M | 0.6% | 2026-Q1 |
| Walleye Capital LLC added | 827,816 | $42M | 0.6% | 2026-Q1 |
| 1832 Asset Management L.P. trimmed | 743,254 | $38M | 0.5% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 721,701 | $36M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 675,647 | $34M | 0.5% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 669,904 | $34M | 0.5% | 2026-Q1 |
| RIVERBRIDGE PARTNERS LLC trimmed | 655,411 | $33M | 0.4% | 2026-Q1 |
| DF DENT & CO INC trimmed | 638,003 | $32M | 0.4% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 615,878 | $31M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 613,023 | $31M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 571,778 | $29M | 0.4% | 2026-Q1 |
| RDST Capital LLC trimmed | 531,328 | $27M | 0.4% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 523,693 | $27M | 0.4% | 2026-Q1 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ added | 519,170 | $26M | 0.4% | 2026-Q1 |
| BRIDGES INVESTMENT MANAGEMENT INC added | 474,641 | $24M | 0.3% | 2026-Q1 |
| Aperture Investors, LLC new | 467,836 | $24M | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP added | 465,287 | $24M | 0.3% | 2026-Q1 |
| TimesSquare Capital Management, LLC trimmed | 456,404 | $23M | 0.3% | 2026-Q1 |
| Rivermont Capital Management LP added | 450,650 | $23M | 0.3% | 2026-Q1 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 445,024 | $23M | 0.3% | 2026-Q1 |
| Alua Capital Management LP new | 440,800 | $22M | 0.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 427,748 | $22M | 0.3% | 2026-Q1 |
| FEDERATED HERMES, INC. trimmed | 413,342 | $21M | 0.3% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 413,013 | $21M | 0.3% | 2026-Q1 |
| CONGRESS ASSET MANAGEMENT CO added | 396,292 | $20M | 0.3% | 2026-Q1 |
| NORGES BANK trimmed | 236,231 | $19M | 0.3% | 2026-Q1 |
| ST GERMAIN D J CO INC added | 366,429 | $19M | 0.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 364,435 | $19M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 359,459 | $18M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 357,468 | $18M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 352,997 | $18M | 0.2% | 2026-Q1 |
| Baird Financial Group, Inc. added | 352,669 | $18M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 362,515 | $18M | 0.2% | 2026-Q1 |
| ArrowMark Colorado Holdings LLC trimmed | 334,969 | $17M | 0.2% | 2026-Q1 |
| Black Cypress Capital Management, LLC added | 333,173 | $17M | 0.2% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 299,153 | $15M | 0.2% | 2026-Q1 |
| Fenimore Asset Management Inc trimmed | 290,028 | $15M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 288,196 | $15M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 284,166 | $14M | 0.2% | 2026-Q1 |
| Caption Management, LLC added | 284,132 | $14M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 278,929 | $14M | 0.2% | 2026-Q1 |
| Wolf Hill Capital Management, LP trimmed | 267,796 | $14M | 0.2% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 9,877,317 | $601M | 8.1% | 2025-Q4 stale |
| Durable Capital Partners LP added | 1,645,369 | $121M | 1.6% | 2025-Q3 stale |
| Abdiel Capital Advisors, LP trimmed | 1,482,936 | $113M | 1.5% | 2025-Q2 stale |
| MACQUARIE GROUP LTD trimmed | 1,469,971 | $108M | 1.5% | 2025-Q3 stale |
| Local Pensions Partnership Investment Ltd trimmed | 1,240,300 | $100M | 1.3% | 2025-Q1 stale |
| Third Point LLC new | 1,330,000 | $98M | 1.3% | 2025-Q3 stale |
| BAILLIE GIFFORD & CO trimmed | 1,587,372 | $97M | 1.3% | 2025-Q4 stale |
| Artisan Partners Limited Partnership added | 935,383 | $69M | 0.9% | 2025-Q3 stale |
| Kovitz Investment Group Partners, LLC trimmed | 526,068 | $39M | 0.5% | 2025-Q3 stale |
| Man Group plc added | 386,618 | $29M | 0.4% | 2025-Q2 stale |
| Artemis Investment Management LLP added | 379,453 | $28M | 0.4% | 2025-Q3 stale |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC added | 350,000 | $26M | 0.3% | 2025-Q3 stale |
| Clearbridge Investments, LLC trimmed | 344,577 | $25M | 0.3% | 2025-Q3 stale |
| Allspring Global Investments Holdings, LLC added | 313,786 | $25M | 0.3% | 2025-Q1 stale |
| UNTITLED INVESTMENTS LP added | 248,755 | $20M | 0.3% | 2025-Q1 stale |
| Vantage Investment Partners, LLC added | 232,178 | $18M | 0.2% | 2025-Q2 stale |
| NZS Capital, LLC added | 270,274 | $16M | 0.2% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC added | 177,373 | $14M | 0.2% | 2025-Q1 stale |
| Junto Capital Management LP trimmed | 175,621 | $14M | 0.2% | 2025-Q1 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.