Who owns FNDF
Which tracked institutional funds hold FNDF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FNDF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-26). 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 FNDF is one-sided between 2026-Q1 and 2026-Q2: 283 added or opened and 65 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
FNDF’s largest tracked holder by dollar value, CHARLES SCHWAB INVESTMENT MANAGEMENT INC, sizes it at 1.0% of its own reported 13F book, while the median holder sizes it at 1.5% of theirs — a 0.5pp gap the other way — the median holder sizes FNDF more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FNDF 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 847 tracked filers holding FNDF, 472 increased or opened the position and 314 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 FNDF 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 35
- CANANDAIGUA NATIONAL BANK & TRUST CO$54M
- BIP Wealth, LLC$24M
- Insight Wealth Strategies, LLC$20M
- NewEdge Advisors, LLC$13M
- IFG Advisory, LLC$11M
- Diversify Advisory Services, LLC$8M
Full exits 35
- FOSTER & MOTLEY INC$120M
- HighTower Advisors, LLC$68M
- CANANDAIGUA NATIONAL CORP$53M
- CWM, LLC$40M
- Cambridge Investment Research Advisors, Inc.$38M
- Opes Wealth Management LLC$35M
Largest adds
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$446M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$151M
- REGIONS FINANCIAL CORP$72M
- Savant Capital, LLC$55M
- JANE STREET GROUP, LLC$52M
- BANK OF AMERICA CORP /DE/$50M
Largest trims
- Private Advisor Group, LLC$49M
- Auto-Owners Insurance Co$32M
- FMR LLC$20M
- Keudell/Morrison Wealth Management$8M
- Clarkston Capital Partners, LLC$2M
- Equitable Holdings, Inc.$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 |
|---|---|---|---|---|
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 141,104,114 | $7.4B | 50.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 16,409,142 | $859M | 5.8% | 2026-Q2 |
| REGIONS FINANCIAL CORP added | 9,930,317 | $524M | 3.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 8,674,147 | $458M | 3.1% | 2026-Q2 |
| MORGAN STANLEY added | 7,264,805 | $383M | 2.6% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 6,322,811 | $334M | 2.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 5,808,291 | $306M | 2.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 4,210,160 | $222M | 1.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 3,179,304 | $169M | 1.1% | 2026-Q2 |
| Mountain Capital Investment Advisors Inc. added | 2,921,147 | $154M | 1.0% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC | 2,914,968 | $154M | 1.0% | 2026-Q2 |
| LPL Financial LLC added | 2,878,360 | $152M | 1.0% | 2026-Q2 |
| Auto-Owners Insurance Co trimmed | 2,703,000 | $143M | 1.0% | 2026-Q2 |
| Boulay Financial Advisors, LLC trimmed | 2,647,681 | $140M | 0.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 2,496,264 | $132M | 0.9% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 1,997,495 | $105M | 0.7% | 2026-Q2 |
| UBS Group AG added | 1,718,340 | $91M | 0.6% | 2026-Q2 |
| Cetera Investment Advisers added | 1,680,462 | $89M | 0.6% | 2026-Q2 |
| StoneX Group Inc. added | 1,590,033 | $84M | 0.6% | 2026-Q2 |
| Savant Capital, LLC added | 1,490,561 | $78M | 0.5% | 2026-Q2 |
| AlphaCore Capital LLC trimmed | 1,433,644 | $76M | 0.5% | 2026-Q2 |
| CVA Family Office, LLC added | 1,388,139 | $73M | 0.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,328,711 | $70M | 0.5% | 2026-Q2 |
| ALPS ADVISORS INC added | 1,308,474 | $69M | 0.5% | 2026-Q2 |
| FMR LLC trimmed | 1,225,873 | $65M | 0.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,199,965 | $63M | 0.4% | 2026-Q2 |
| Nadler Financial Group, Inc. added | 1,169,805 | $62M | 0.4% | 2026-Q2 |
| Strata Wealth Advisors, LLC trimmed | 1,155,134 | $61M | 0.4% | 2026-Q2 |
| Trust Co trimmed | 1,115,088 | $59M | 0.4% | 2026-Q2 |
| Capital Advantage, Inc. trimmed | 1,100,538 | $58M | 0.4% | 2026-Q2 |
| Capital Advisors Wealth Management, LLC added | 1,070,071 | $56M | 0.4% | 2026-Q2 |
| Hardy Reed LLC trimmed | 1,048,812 | $55M | 0.4% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 1,029,944 | $54M | 0.4% | 2026-Q2 |
| Charles Schwab Trust Co trimmed | 1,021,787 | $54M | 0.4% | 2026-Q2 |
| Verde Capital Management added | 1,015,065 | $54M | 0.4% | 2026-Q2 |
| CANANDAIGUA NATIONAL BANK & TRUST CO trimmed | 1,014,722 | $54M | 0.4% | 2026-Q2 |
| Mariner, LLC added | 1,006,537 | $53M | 0.4% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 1,000,000 | $53M | 0.4% | 2026-Q2 |
| Focus Partners Wealth added | 936,764 | $49M | 0.3% | 2026-Q2 |
| Johnson Bixby & Associates, LLC added | 892,902 | $47M | 0.3% | 2026-Q2 |
| MFA WEALTH ADVISORS, LLC trimmed | 864,797 | $46M | 0.3% | 2026-Q2 |
| Barry Investment Advisors, LLC added | 824,655 | $44M | 0.3% | 2026-Q2 |
| Focus Financial Network, Inc. added | 821,704 | $43M | 0.3% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 820,057 | $43M | 0.3% | 2026-Q2 |
| Pallas Capital Advisors LLC added | 809,830 | $43M | 0.3% | 2026-Q2 |
| Unison Advisors LLC trimmed | 784,702 | $41M | 0.3% | 2026-Q2 |
| LEAVELL INVESTMENT MANAGEMENT, INC. added | 763,756 | $40M | 0.3% | 2026-Q2 |
| Dynamic Advisor Solutions LLC added | 759,479 | $40M | 0.3% | 2026-Q2 |
| Arlington Financial Advisors, LLC trimmed | 756,692 | $40M | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 704,804 | $37M | 0.3% | 2026-Q2 |
| MAI Capital Management added | 682,536 | $36M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 677,623 | $36M | 0.2% | 2026-Q2 |
| Maia Wealth LLC added | 667,648 | $35M | 0.2% | 2026-Q2 |
| Bell Investment Advisors, Inc added | 656,318 | $35M | 0.2% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 654,333 | $35M | 0.2% | 2026-Q2 |
| WESCAP Management Group, Inc. trimmed | 641,812 | $34M | 0.2% | 2026-Q2 |
| Resonant Capital Advisors, LLC trimmed | 631,809 | $33M | 0.2% | 2026-Q2 |
| Vise Technologies, Inc. added | 602,570 | $32M | 0.2% | 2026-Q2 |
| Creative Planning added | 597,099 | $32M | 0.2% | 2026-Q2 |
| Cerity Partners LLC added | 583,345 | $31M | 0.2% | 2026-Q2 |
| CABOT WEALTH MANAGEMENT INC added | 579,556 | $31M | 0.2% | 2026-Q2 |
| Solitude Financial Services added | 576,347 | $30M | 0.2% | 2026-Q2 |
| Prairiewood Capital, LLC added | 567,414 | $30M | 0.2% | 2026-Q2 |
| KEELER & NADLER FINANCIAL PLANNING & WEALTH MANAGEMENT added | 566,686 | $30M | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 556,835 | $29M | 0.2% | 2026-Q2 |
| Seven Springs Wealth Group, LLC added | 529,390 | $28M | 0.2% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 505,042 | $27M | 0.2% | 2026-Q2 |
| Arax Advisory Partners added | 488,766 | $26M | 0.2% | 2026-Q2 |
| Tradition Wealth Management, LLC trimmed | 476,515 | $25M | 0.2% | 2026-Q2 |
| CAPITAL WEALTH MANAGEMENT, LLC added | 475,448 | $25M | 0.2% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 464,688 | $25M | 0.2% | 2026-Q2 |
| BIP Wealth, LLC new | 458,391 | $24M | 0.2% | 2026-Q2 |
| HOWARD FINANCIAL SERVICES, LTD. added | 451,265 | $24M | 0.2% | 2026-Q2 |
| CENTRAL TRUST Co added | 433,927 | $23M | 0.2% | 2026-Q2 |
| AFFINITY WEALTH LLC added | 433,901 | $23M | 0.2% | 2026-Q2 |
| &PARTNERS added | 430,642 | $23M | 0.2% | 2026-Q2 |
| BEACON FINANCIAL PLANNING, INC added | 415,135 | $22M | 0.1% | 2026-Q2 |
| Verum Partners LLC added | 408,446 | $22M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 402,882 | $21M | 0.1% | 2026-Q2 |
| MOLLER WEALTH PARTNERS added | 388,978 | $21M | 0.1% | 2026-Q2 |
| Latko Wealth Management, Ltd. trimmed | 387,366 | $20M | 0.1% | 2026-Q2 |
| Insight Wealth Strategies, LLC new | 383,655 | $20M | 0.1% | 2026-Q2 |
| STUDIO INVESTMENT MANAGEMENT LLC trimmed | 382,858 | $20M | 0.1% | 2026-Q2 |
| HHM Wealth Advisors, LLC added | 381,584 | $20M | 0.1% | 2026-Q2 |
| JNBA Financial Advisors added | 378,322 | $20M | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 366,458 | $19M | 0.1% | 2026-Q2 |
| Cerro Pacific Wealth Advisors LLC added | 360,671 | $19M | 0.1% | 2026-Q2 |
| Sound Portfolio Advisors, LLC trimmed | 359,334 | $19M | 0.1% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. trimmed | 339,982 | $18M | 0.1% | 2026-Q2 |
| Certified Advisory Corp added | 339,284 | $18M | 0.1% | 2026-Q2 |
| Mosley Wealth Management added | 333,920 | $18M | 0.1% | 2026-Q2 |
| JHP Wealth Management, LLC added | 331,675 | $17M | 0.1% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH added | 330,681 | $17M | 0.1% | 2026-Q2 |
| Visionary Horizons, LLC added | 320,357 | $17M | 0.1% | 2026-Q2 |
| CAHILL FINANCIAL ADVISORS INC added | 297,892 | $16M | 0.1% | 2026-Q2 |
| Flatrock Wealth Partners LLC added | 292,260 | $15M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 292,147 | $15M | 0.1% | 2026-Q2 |
| SOA Wealth Advisors, LLC. added | 289,623 | $15M | 0.1% | 2026-Q2 |
| William Mack & Associates, Inc. added | 289,123 | $15M | 0.1% | 2026-Q2 |
| Alpha Omega Wealth Management LLC added | 287,876 | $15M | 0.1% | 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.