Who owns FNDX
Which tracked institutional funds hold FNDX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FNDX company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 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 FNDX is one-sided between 2026-Q1 and 2026-Q2: 283 added or opened and 53 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
FNDX’s largest tracked holder by dollar value, CHARLES SCHWAB INVESTMENT MANAGEMENT INC, sizes it at 1.6% of its own reported 13F book, while the median holder sizes it at 2.4% of theirs — a 0.8pp gap the other way — the median holder sizes FNDX more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FNDX 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 805 tracked filers holding FNDX, 430 increased or opened the position and 302 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 FNDX 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 26
- TWO SIGMA INVESTMENTS, LP$16M
- NewEdge Advisors, LLC$7M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$5M
- SUCCESSION FINANCIAL, INC.$4M
- Mattern Wealth Management LLC$4M
- SteelPeak Wealth, LLC$3M
Full exits 31
- Cambridge Investment Research Advisors, Inc.$61M
- HighTower Advisors, LLC$56M
- U.S. Capital Wealth Advisors, LLC$18M
- White Pine Investment CO$17M
- PEAPACK GLADSTONE FINANCIAL CORP$13M
- Opes Wealth Management LLC$13M
Largest adds
- CAPTRUST FINANCIAL ADVISORS$131M
- KEYBANK NATIONAL ASSOCIATION/OH$128M
- QUADRANT CAPITAL GROUP LLC$84M
- McAdam, LLC$79M
- BlueStem Wealth Partners, LLC$51M
- AMERIPRISE FINANCIAL INC$38M
Largest trims
- Private Advisor Group, LLC$53M
- OLD NATIONAL BANCORP /IN/$31M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$19M
- Merit Financial Group, LLC$7M
- ARQ WEALTH ADVISORS, LLC$5M
- Northwest Bancshares, Inc.$4M
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 | 374,969,727 | $11.7B | 62.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 28,845,768 | $897M | 4.8% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH added | 15,268,868 | $475M | 2.5% | 2026-Q2 |
| McAdam, LLC added | 10,931,518 | $340M | 1.8% | 2026-Q2 |
| Boulay Financial Advisors, LLC added | 9,744,092 | $303M | 1.6% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 8,536,435 | $265M | 1.4% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC trimmed | 7,473,354 | $232M | 1.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 7,039,245 | $219M | 1.2% | 2026-Q2 |
| Steele Capital Management, Inc. added | 6,423,407 | $200M | 1.1% | 2026-Q2 |
| LPL Financial LLC added | 6,260,653 | $195M | 1.0% | 2026-Q2 |
| MORGAN STANLEY added | 5,908,781 | $184M | 1.0% | 2026-Q2 |
| Glassman Wealth Services trimmed | 4,609,229 | $143M | 0.8% | 2026-Q2 |
| Cetera Investment Advisers added | 4,116,304 | $128M | 0.7% | 2026-Q2 |
| Charles Schwab Trust Co added | 3,606,725 | $112M | 0.6% | 2026-Q2 |
| Northwest Bancshares, Inc. trimmed | 3,442,130 | $107M | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 3,386,660 | $105M | 0.6% | 2026-Q2 |
| Bank of New York Mellon Corp added | 3,196,711 | $99M | 0.5% | 2026-Q2 |
| AlphaCore Capital LLC trimmed | 2,922,172 | $91M | 0.5% | 2026-Q2 |
| QUADRANT CAPITAL GROUP LLC added | 2,707,265 | $84M | 0.4% | 2026-Q2 |
| Gemmer Asset Management LLC added | 2,688,126 | $84M | 0.4% | 2026-Q2 |
| Clark Capital Management Group, Inc. added | 2,684,676 | $83M | 0.4% | 2026-Q2 |
| RESTON WEALTH MANAGEMENT LLC added | 2,366,034 | $74M | 0.4% | 2026-Q2 |
| BlueStem Wealth Partners, LLC added | 2,361,445 | $73M | 0.4% | 2026-Q2 |
| Kelman-Lazarov, Inc. trimmed | 2,350,202 | $73M | 0.4% | 2026-Q2 |
| Bell Investment Advisors, Inc added | 2,202,691 | $69M | 0.4% | 2026-Q2 |
| Creative Planning added | 2,178,826 | $68M | 0.4% | 2026-Q2 |
| Lee Financial Co trimmed | 2,177,038 | $68M | 0.4% | 2026-Q2 |
| True North Advisors, LLC added | 2,140,879 | $67M | 0.4% | 2026-Q2 |
| UBS Group AG trimmed | 2,064,745 | $64M | 0.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 2,046,010 | $64M | 0.3% | 2026-Q2 |
| Prairiewood Capital, LLC added | 1,973,737 | $61M | 0.3% | 2026-Q2 |
| DAVENPORT & Co LLC added | 1,959,498 | $61M | 0.3% | 2026-Q2 |
| Ashford Advisors, LLC trimmed | 1,828,254 | $57M | 0.3% | 2026-Q2 |
| Eagle Strategies LLC added | 1,814,296 | $56M | 0.3% | 2026-Q2 |
| Cornerstone Planning Group LLC added | 1,742,873 | $55M | 0.3% | 2026-Q2 |
| Tanglewood Wealth Management, Inc. added | 1,719,646 | $53M | 0.3% | 2026-Q2 |
| Koesten, Hirschmann & Crabtree, INC. trimmed | 1,694,633 | $53M | 0.3% | 2026-Q2 |
| KAVAR CAPITAL PARTNERS GROUP, LLC added | 1,650,796 | $51M | 0.3% | 2026-Q2 |
| Leonard Rickey Investment Advisors P.L.L.C. added | 1,530,215 | $48M | 0.3% | 2026-Q2 |
| Focus Partners Wealth trimmed | 1,464,987 | $46M | 0.2% | 2026-Q2 |
| Resonant Capital Advisors, LLC trimmed | 1,424,766 | $44M | 0.2% | 2026-Q2 |
| Urban Financial Advisory Corp added | 1,208,406 | $38M | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,152,222 | $36M | 0.2% | 2026-Q2 |
| Fortis Capital Advisors, LLC added | 1,148,343 | $36M | 0.2% | 2026-Q2 |
| Belpointe Asset Management LLC added | 1,148,343 | $36M | 0.2% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 1,119,658 | $35M | 0.2% | 2026-Q2 |
| PTM WEALTH MANAGEMENT, LLC added | 1,111,614 | $35M | 0.2% | 2026-Q2 |
| Wealthspire Retirement, LLC added | 1,110,024 | $35M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 1,092,003 | $34M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,061,498 | $33M | 0.2% | 2026-Q2 |
| Planned Solutions, Inc. trimmed | 1,034,102 | $32M | 0.2% | 2026-Q2 |
| Richardson Capital Management LLC added | 1,032,253 | $32M | 0.2% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 1,009,735 | $31M | 0.2% | 2026-Q2 |
| ALLEN WEALTH MANAGEMENT, LLC added | 1,005,844 | $31M | 0.2% | 2026-Q2 |
| Berman McAleer LLC trimmed | 985,797 | $31M | 0.2% | 2026-Q2 |
| Certified Advisory Corp added | 979,820 | $30M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 960,732 | $30M | 0.2% | 2026-Q2 |
| MOLLER WEALTH PARTNERS trimmed | 958,661 | $30M | 0.2% | 2026-Q2 |
| TruNorth Capital Management, LLC added | 949,267 | $30M | 0.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 948,393 | $29M | 0.2% | 2026-Q2 |
| Solitude Financial Services added | 945,622 | $29M | 0.2% | 2026-Q2 |
| Financial Strategies Group, Inc. added | 942,592 | $30M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 900,273 | $28M | 0.1% | 2026-Q2 |
| NorthCoast Asset Management LLC added | 893,291 | $28M | 0.1% | 2026-Q2 |
| Pasadena Private Wealth, LLC trimmed | 868,323 | $27M | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 865,941 | $27M | 0.1% | 2026-Q2 |
| Haverford Trust Co trimmed | 838,768 | $26M | 0.1% | 2026-Q2 |
| BARTLETT & CO. WEALTH MANAGEMENT LLC trimmed | 834,467 | $26M | 0.1% | 2026-Q2 |
| CPC Advisors, LLC trimmed | 828,961 | $26M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 805,802 | $25M | 0.1% | 2026-Q2 |
| Firestone Capital Management added | 783,413 | $24M | 0.1% | 2026-Q2 |
| Arax Advisory Partners added | 781,859 | $24M | 0.1% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 778,467 | $24M | 0.1% | 2026-Q2 |
| MAI Capital Management added | 761,166 | $24M | 0.1% | 2026-Q2 |
| Your Advocates Ltd., LLP trimmed | 754,822 | $23M | 0.1% | 2026-Q2 |
| ELEVATION WEALTH PARTNERS, LLC added | 747,950 | $23M | 0.1% | 2026-Q2 |
| Washington Trust Advisors, Inc. trimmed | 737,035 | $23M | 0.1% | 2026-Q2 |
| CABOT WEALTH MANAGEMENT INC trimmed | 729,227 | $23M | 0.1% | 2026-Q2 |
| Aufman Associates Inc added | 699,040 | $22M | 0.1% | 2026-Q2 |
| PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV added | 698,020 | $22M | 0.1% | 2026-Q2 |
| OXFORD FINANCIAL GROUP, LTD. LLC trimmed | 693,012 | $22M | 0.1% | 2026-Q2 |
| Gotham Asset Management, LLC added | 689,872 | $21M | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 680,293 | $21M | 0.1% | 2026-Q2 |
| Johnson Bixby & Associates, LLC added | 660,586 | $21M | 0.1% | 2026-Q2 |
| HIGHLINE WEALTH PARTNERS LLC added | 659,630 | $21M | 0.1% | 2026-Q2 |
| Tradition Wealth Management, LLC added | 635,786 | $20M | 0.1% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. added | 624,073 | $19M | 0.1% | 2026-Q2 |
| CAHILL FINANCIAL ADVISORS INC added | 619,666 | $19M | 0.1% | 2026-Q2 |
| Wealth Forward, LLC added | 619,404 | $19M | 0.1% | 2026-Q2 |
| Envision Financial LLC trimmed | 618,699 | $19M | 0.1% | 2026-Q2 |
| Strata Wealth Advisors, LLC added | 617,597 | $19M | 0.1% | 2026-Q2 |
| VVR Holdings LLC trimmed | 617,012 | $19M | 0.1% | 2026-Q2 |
| Northland Capital Management LLC added | 608,030 | $19M | 0.1% | 2026-Q2 |
| Cerity Partners LLC trimmed | 596,100 | $19M | 0.1% | 2026-Q2 |
| Asset Allocation Strategies LLC added | 569,600 | $18M | 0.1% | 2026-Q2 |
| Ironwood Investment Counsel, LLC added | 563,849 | $18M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 560,117 | $17M | 0.1% | 2026-Q2 |
| Sellwood Investment Partners LLC trimmed | 557,233 | $17M | 0.1% | 2026-Q2 |
| FMR LLC added | 555,274 | $17M | 0.1% | 2026-Q2 |
| Williams Financial, LLC added | 553,422 | $17M | 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.