Who owns FNDC
Which tracked institutional funds hold FNDC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FNDC company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
38 tracked funds added or opened FNDC while 18 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
FNDC’s largest tracked holder by dollar value, CHARLES SCHWAB INVESTMENT MANAGEMENT INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FNDC 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 294 tracked filers holding FNDC, 136 increased or opened the position and 124 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 FNDC 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 2
- GOLDMAN SACHS GROUP INC$8M
- BNP PARIBAS FINANCIAL MARKETS$2M
Full exits 7
- EXENCIAL WEALTH ADVISORS, LLC$26M
- Opes Wealth Management LLC$10M
- CWM, LLC$10M
- Cherry Tree Wealth Management, LLC$8M
- Heirloom Wealth Management$1M
- HRT FINANCIAL LP$772K
Largest adds
- Savant Capital, LLC$30M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$12M
- EP Wealth Advisors, LLC$11M
- OSAIC HOLDINGS, INC.$10M
- MORGAN STANLEY$4M
- GHP Investment Advisors, Inc.$2M
Largest trims
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$230M
- CITADEL ADVISORS LLC$1M
- Entruity Wealth, LLC$882K
- Clearstead Advisors, LLC$844K
- COMMONWEALTH EQUITY SERVICES, LLC$803K
- Corient Private Wealth LP$509K
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 |
|---|---|---|---|---|
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 22,024,118 | $1.1B | 69.2% | 2026-Q2 |
| Savant Capital, LLC added | 673,652 | $34M | 2.2% | 2026-Q2 |
| MORGAN STANLEY added | 662,620 | $32M | 2.1% | 2026-Q2 |
| GHP Investment Advisors, Inc. added | 610,029 | $30M | 1.9% | 2026-Q2 |
| Kelman-Lazarov, Inc. trimmed | 489,415 | $24M | 1.5% | 2026-Q2 |
| Focus Partners Wealth trimmed | 472,999 | $23M | 1.5% | 2026-Q2 |
| Prairiewood Capital, LLC added | 310,432 | $15M | 1.0% | 2026-Q2 |
| High Probability Advisors, LLC added | 306,034 | $15M | 1.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 285,448 | $14M | 0.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 281,288 | $14M | 0.9% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 260,041 | $13M | 0.8% | 2026-Q2 |
| COLLECTIVE FAMILY OFFICE LLC added | 252,308 | $12M | 0.8% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 233,593 | $11M | 0.7% | 2026-Q2 |
| Charles Schwab Trust Co added | 228,891 | $11M | 0.7% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 208,257 | $10M | 0.7% | 2026-Q2 |
| Breakwater Capital Group added | 190,984 | $9M | 0.6% | 2026-Q2 |
| Shore Point Advisors, LLC added | 176,242 | $7M | 0.5% | 2026-Q2 |
| UBS Group AG added | 175,730 | $9M | 0.6% | 2026-Q2 |
| Bell Investment Advisors, Inc added | 169,832 | $8M | 0.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 165,379 | $8M | 0.5% | 2026-Q2 |
| Creative Planning trimmed | 162,668 | $8M | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 153,554 | $7M | 0.5% | 2026-Q2 |
| ABBINGTON INVESTMENT GROUP trimmed | 127,718 | $6M | 0.4% | 2026-Q2 |
| Dynamic Advisor Solutions LLC added | 122,489 | $6M | 0.4% | 2026-Q2 |
| Nicholas Hoffman & Company, LLC. added | 113,133 | $5M | 0.4% | 2026-Q2 |
| MOLLER WEALTH PARTNERS added | 112,018 | $5M | 0.4% | 2026-Q2 |
| RF&L WEALTH MANAGEMENT, LLC trimmed | 105,517 | $5M | 0.3% | 2026-Q2 |
| Factor Wealth Management LTD trimmed | 104,181 | $5M | 0.3% | 2026-Q2 |
| MorganRosel Wealth Management, LLC added | 102,929 | $5M | 0.3% | 2026-Q2 |
| Grove Street Fiduciary, LLC trimmed | 98,882 | $5M | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 83,077 | $4M | 0.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 81,905 | $4M | 0.3% | 2026-Q2 |
| Mariner, LLC added | 78,775 | $4M | 0.2% | 2026-Q2 |
| BFI Wealth Solutions, LLC added | 78,258 | $4M | 0.2% | 2026-Q2 |
| Modern Wealth Management, LLC trimmed | 74,822 | $4M | 0.2% | 2026-Q2 |
| Cerity Partners LLC added | 72,154 | $4M | 0.2% | 2026-Q2 |
| Bravera Wealth added | 68,728 | $3M | 0.2% | 2026-Q2 |
| ATLas Financial Planning LLC trimmed | 67,147 | $3M | 0.2% | 2026-Q2 |
| CUTLER INVESTMENT COUNSEL LLC added | 66,204 | $3M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 65,780 | $3M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 64,596 | $3M | 0.2% | 2026-Q2 |
| CABOT WEALTH MANAGEMENT INC added | 63,063 | $3M | 0.2% | 2026-Q2 |
| BCS Wealth Management added | 59,639 | $3M | 0.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 59,201 | $3M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 52,874 | $3M | 0.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 52,380 | $3M | 0.2% | 2026-Q2 |
| Valued Wealth Advisors LLC trimmed | 51,623 | $3M | 0.2% | 2026-Q2 |
| LPL Financial LLC trimmed | 51,098 | $2M | 0.2% | 2026-Q2 |
| Sterling Financial Planning, Inc. trimmed | 48,976 | $2M | 0.2% | 2026-Q2 |
| Focus Partners Advisor Solutions, LLC trimmed | 47,583 | $2M | 0.1% | 2026-Q2 |
| Quadcap Wealth Management, LLC trimmed | 47,531 | $2M | 0.1% | 2026-Q2 |
| Vise Technologies, Inc. added | 46,733 | $2M | 0.1% | 2026-Q2 |
| Waterfront Wealth Inc. added | 44,459 | $2M | 0.1% | 2026-Q2 |
| McGrath & Associates, Inc. trimmed | 40,510 | $2M | 0.1% | 2026-Q2 |
| Shakespeare Wealth Management, LLC trimmed | 37,856 | $2M | 0.1% | 2026-Q2 |
| Northland Capital Management LLC added | 35,078 | $2M | 0.1% | 2026-Q2 |
| NORTHWEST WEALTH MANAGEMENT, LLC added | 34,741 | $2M | 0.1% | 2026-Q2 |
| Asset Allocation Strategies LLC added | 33,574 | $2M | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 32,300 | $2M | 0.1% | 2026-Q2 |
| EQ WEALTH ADVISORS, LLC trimmed | 31,655 | $2M | 0.1% | 2026-Q2 |
| Seed Wealth Management, Inc. trimmed | 29,947 | $1M | 0.1% | 2026-Q2 |
| FMR LLC added | 29,548 | $1M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 29,035 | $1M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 28,768 | $1M | 0.1% | 2026-Q2 |
| Hardin Capital Partners, LLC added | 28,209 | $1M | 0.1% | 2026-Q2 |
| Traub Capital Management LLC trimmed | 26,497 | $1M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 26,348 | $1M | 0.1% | 2026-Q2 |
| Asset Dedication, LLC trimmed | 26,019 | $1M | 0.1% | 2026-Q2 |
| QRG CAPITAL MANAGEMENT, INC. trimmed | 24,517 | $1M | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 24,289 | $1M | 0.1% | 2026-Q2 |
| Composition Wealth, LLC trimmed | 23,906 | $1M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 23,627 | $1M | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 22,825 | $1M | 0.1% | 2026-Q2 |
| Clearstead Advisors, LLC trimmed | 22,220 | $1M | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 21,104 | $1M | 0.1% | 2026-Q2 |
| Tumwater Wealth Management, LLC | 21,045 | $1M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 20,513 | $996K | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 20,299 | $986K | 0.1% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 19,645 | $954K | 0.1% | 2026-Q2 |
| Ballast Financial Advisors LLC trimmed | 18,551 | $901K | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 18,212 | $884K | 0.1% | 2026-Q2 |
| SILVER OAK SECURITIES, INCORPORATED added | 17,955 | $872K | 0.1% | 2026-Q2 |
| Fortitude Family Office, LLC trimmed | 17,661 | $858K | 0.1% | 2026-Q2 |
| Guardian Financial Partners, LLC added | 17,497 | $850K | 0.1% | 2026-Q2 |
| Bristlecone Value Partners, LLC trimmed | 17,269 | $839K | 0.1% | 2026-Q2 |
| Ascent Group, LLC | 17,246 | $837K | 0.1% | 2026-Q2 |
| Wealthspire Retirement, LLC added | 16,515 | $802K | 0.1% | 2026-Q2 |
| BAILARD, INC. | 16,270 | $790K | 0.1% | 2026-Q2 |
| KINGSWOOD WEALTH ADVISORS, LLC added | 16,065 | $780K | 0.1% | 2026-Q2 |
| J.E. Simmons & Co., P.C. trimmed | 15,482 | $752K | 0.0% | 2026-Q2 |
| Birchwood Financial Partners, Inc. added | 15,465 | $751K | 0.0% | 2026-Q2 |
| Brand Asset Management Group, Inc. added | 15,122 | $734K | 0.0% | 2026-Q2 |
| True North Advisors, LLC trimmed | 14,665 | $712K | 0.0% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 14,128 | $686K | 0.0% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 13,573 | $659K | 0.0% | 2026-Q2 |
| AlphaCore Capital LLC added | 12,625 | $613K | 0.0% | 2026-Q2 |
| Brooklyn FI, LLC added | 12,168 | $593K | 0.0% | 2026-Q2 |
| Sequoia Financial Advisors, LLC added | 12,166 | $591K | 0.0% | 2026-Q2 |
| MB Generational Wealth, LLC | 12,121 | $589K | 0.0% | 2026-Q2 |
| Aspiring Ventures, LLC trimmed | 12,099 | $588K | 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.