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-Q1 13F filings (latest filed 2026-05-18). 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 2025-Q4 and 2026-Q1: 195 added or opened and 64 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 1.8% of its own reported 13F book, while the median holder sizes it at 2.7% of theirs — a 0.9pp 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 2025-Q4 and 2026-Q1, across 769 tracked filers holding FNDX, 421 increased or opened the position and 259 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 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 23
- True North Advisors, LLC$58M
- OLD NATIONAL BANCORP /IN/$31M
- NorthCoast Asset Management LLC$23M
- ARQ WEALTH ADVISORS, LLC$11M
- TUDOR INVESTMENT CORP ET AL$11M
- IFC & Insurance Marketing, Inc.$7M
Full exits 22
- TradeWell Securities, LLC.$13M
- Global Retirement Partners, LLC$5M
- Foguth Wealth Management, LLC.$4M
- Main Street Financial Solutions, LLC$4M
- Clearview Wealth Advisors LLC$4M
- Prosperity Wealth Management, Inc.$3M
Largest adds
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$431M
- CAPTRUST FINANCIAL ADVISORS$184M
- KEYBANK NATIONAL ASSOCIATION/OH$121M
- ENVESTNET ASSET MANAGEMENT INC$44M
- LPL Financial LLC$22M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$20M
Largest trims
- QUADRANT CAPITAL GROUP LLC$85M
- BlueStem Wealth Partners, LLC$31M
- OSAIC HOLDINGS, INC.$20M
- GOLDMAN SACHS GROUP INC$13M
- Clarkston Capital Partners, LLC$11M
- AlphaCore Capital LLC$10M
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 |
|---|---|---|---|---|
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 419,422,622 | $11.7B | 65.7% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 27,495,487 | $766M | 4.3% | 2026-Q1 |
| KEYBANK NATIONAL ASSOCIATION/OH added | 12,454,472 | $347M | 1.9% | 2026-Q1 |
| Boulay Financial Advisors, LLC added | 9,567,867 | $266M | 1.5% | 2026-Q1 |
| McAdam, LLC added | 9,370,273 | $261M | 1.5% | 2026-Q1 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC added | 8,425,671 | $235M | 1.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 8,164,384 | $227M | 1.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 6,622,443 | $184M | 1.0% | 2026-Q1 |
| Steele Capital Management, Inc. added | 6,300,154 | $175M | 1.0% | 2026-Q1 |
| LPL Financial LLC added | 5,825,215 | $162M | 0.9% | 2026-Q1 |
| MORGAN STANLEY added | 5,436,335 | $151M | 0.9% | 2026-Q1 |
| Glassman Wealth Services added | 4,671,904 | $130M | 0.7% | 2026-Q1 |
| Northwest Bancshares, Inc. trimmed | 3,974,516 | $111M | 0.6% | 2026-Q1 |
| Cetera Investment Advisers added | 3,891,438 | $108M | 0.6% | 2026-Q1 |
| Charles Schwab Trust Co added | 3,218,779 | $90M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 3,144,222 | $88M | 0.5% | 2026-Q1 |
| AlphaCore Capital LLC trimmed | 3,050,385 | $85M | 0.5% | 2026-Q1 |
| Gemmer Asset Management LLC added | 2,683,602 | $75M | 0.4% | 2026-Q1 |
| Bank of New York Mellon Corp added | 2,629,717 | $73M | 0.4% | 2026-Q1 |
| Clark Capital Management Group, Inc. added | 2,494,669 | $69M | 0.4% | 2026-Q1 |
| Kelman-Lazarov, Inc. added | 2,371,188 | $66M | 0.4% | 2026-Q1 |
| RESTON WEALTH MANAGEMENT LLC trimmed | 2,329,590 | $65M | 0.4% | 2026-Q1 |
| Lee Financial Co trimmed | 2,183,679 | $61M | 0.3% | 2026-Q1 |
| Bell Investment Advisors, Inc added | 2,178,555 | $61M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 2,175,364 | $61M | 0.3% | 2026-Q1 |
| Creative Planning added | 2,169,172 | $60M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 2,145,776 | $60M | 0.3% | 2026-Q1 |
| True North Advisors, LLC added | 2,073,839 | $58M | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 2,031,747 | $57M | 0.3% | 2026-Q1 |
| HighTower Advisors, LLC added | 2,024,776 | $56M | 0.3% | 2026-Q1 |
| Prairiewood Capital, LLC added | 1,914,777 | $53M | 0.3% | 2026-Q1 |
| Cornerstone Planning Group LLC added | 1,696,212 | $51M | 0.3% | 2026-Q1 |
| Ashford Advisors, LLC | 1,835,393 | $51M | 0.3% | 2026-Q1 |
| Koesten, Hirschmann & Crabtree, INC. trimmed | 1,704,754 | $47M | 0.3% | 2026-Q1 |
| Tanglewood Wealth Management, Inc. added | 1,702,554 | $47M | 0.3% | 2026-Q1 |
| KAVAR CAPITAL PARTNERS GROUP, LLC added | 1,594,298 | $44M | 0.2% | 2026-Q1 |
| Leonard Rickey Investment Advisors P.L.L.C. added | 1,500,003 | $42M | 0.2% | 2026-Q1 |
| Focus Partners Wealth trimmed | 1,475,727 | $41M | 0.2% | 2026-Q1 |
| Resonant Capital Advisors, LLC added | 1,465,255 | $41M | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 1,300,970 | $36M | 0.2% | 2026-Q1 |
| Mariner, LLC added | 1,256,720 | $35M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,205,610 | $34M | 0.2% | 2026-Q1 |
| Belpointe Asset Management LLC trimmed | 1,144,416 | $32M | 0.2% | 2026-Q1 |
| Fortis Capital Advisors, LLC trimmed | 1,144,416 | $32M | 0.2% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 1,138,243 | $32M | 0.2% | 2026-Q1 |
| OLD NATIONAL BANCORP /IN/ new | 1,127,401 | $31M | 0.2% | 2026-Q1 |
| DAVENPORT & Co LLC added | 1,105,098 | $31M | 0.2% | 2026-Q1 |
| Urban Financial Advisory Corp added | 1,078,214 | $30M | 0.2% | 2026-Q1 |
| PTM WEALTH MANAGEMENT, LLC trimmed | 1,051,900 | $30M | 0.2% | 2026-Q1 |
| Eagle Strategies LLC added | 1,047,751 | $29M | 0.2% | 2026-Q1 |
| Planned Solutions, Inc. trimmed | 1,043,467 | $29M | 0.2% | 2026-Q1 |
| Richardson Capital Management LLC added | 1,006,825 | $28M | 0.2% | 2026-Q1 |
| Corient Private Wealth LLC added | 1,002,283 | $28M | 0.2% | 2026-Q1 |
| Berman McAleer LLC trimmed | 987,609 | $28M | 0.2% | 2026-Q1 |
| Financial Strategies Group, Inc. added | 927,402 | $27M | 0.2% | 2026-Q1 |
| Solitude Financial Services added | 935,707 | $27M | 0.2% | 2026-Q1 |
| ALLEN WEALTH MANAGEMENT, LLC added | 962,107 | $27M | 0.2% | 2026-Q1 |
| MOLLER WEALTH PARTNERS added | 961,046 | $27M | 0.2% | 2026-Q1 |
| Wealthspire Retirement, LLC added | 954,774 | $27M | 0.1% | 2026-Q1 |
| BARTLETT & CO. WEALTH MANAGEMENT LLC trimmed | 873,539 | $26M | 0.1% | 2026-Q1 |
| Haverford Trust Co added | 900,180 | $25M | 0.1% | 2026-Q1 |
| TruNorth Capital Management, LLC added | 888,910 | $25M | 0.1% | 2026-Q1 |
| Certified Advisory Corp added | 882,278 | $25M | 0.1% | 2026-Q1 |
| Pasadena Private Wealth, LLC trimmed | 873,054 | $24M | 0.1% | 2026-Q1 |
| CPC Advisors, LLC trimmed | 837,371 | $23M | 0.1% | 2026-Q1 |
| BlueStem Wealth Partners, LLC trimmed | 819,334 | $23M | 0.1% | 2026-Q1 |
| NorthCoast Asset Management LLC added | 813,606 | $23M | 0.1% | 2026-Q1 |
| Firestone Capital Management added | 776,713 | $22M | 0.1% | 2026-Q1 |
| OXFORD FINANCIAL GROUP, LTD. LLC trimmed | 769,432 | $21M | 0.1% | 2026-Q1 |
| Your Advocates Ltd., LLP added | 768,156 | $21M | 0.1% | 2026-Q1 |
| Merit Financial Group, LLC trimmed | 750,213 | $21M | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 742,041 | $21M | 0.1% | 2026-Q1 |
| ELEVATION WEALTH PARTNERS, LLC added | 741,202 | $21M | 0.1% | 2026-Q1 |
| Washington Trust Advisors, Inc. trimmed | 739,590 | $21M | 0.1% | 2026-Q1 |
| CABOT WEALTH MANAGEMENT INC added | 734,136 | $20M | 0.1% | 2026-Q1 |
| MAI Capital Management added | 705,882 | $20M | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 693,270 | $19M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 688,232 | $19M | 0.1% | 2026-Q1 |
| Aufman Associates Inc added | 678,694 | $19M | 0.1% | 2026-Q1 |
| PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV added | 675,288 | $19M | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP added | 672,060 | $19M | 0.1% | 2026-Q1 |
| U.S. Capital Wealth Advisors, LLC added | 652,918 | $18M | 0.1% | 2026-Q1 |
| Cerity Partners LLC added | 649,070 | $18M | 0.1% | 2026-Q1 |
| Envision Financial LLC trimmed | 644,177 | $18M | 0.1% | 2026-Q1 |
| VVR Holdings LLC added | 643,199 | $18M | 0.1% | 2026-Q1 |
| Johnson Bixby & Associates, LLC added | 637,515 | $18M | 0.1% | 2026-Q1 |
| CAHILL FINANCIAL ADVISORS INC trimmed | 615,469 | $17M | 0.1% | 2026-Q1 |
| Tradition Wealth Management, LLC added | 615,116 | $17M | 0.1% | 2026-Q1 |
| Sellwood Investment Partners LLC trimmed | 608,089 | $17M | 0.1% | 2026-Q1 |
| White Pine Investment CO added | 605,014 | $17M | 0.1% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 603,952 | $17M | 0.1% | 2026-Q1 |
| Northland Capital Management LLC trimmed | 601,226 | $17M | 0.1% | 2026-Q1 |
| Strata Wealth Advisors, LLC added | 594,200 | $17M | 0.1% | 2026-Q1 |
| Gotham Asset Management, LLC added | 585,044 | $16M | 0.1% | 2026-Q1 |
| Asset Allocation Strategies LLC added | 563,449 | $16M | 0.1% | 2026-Q1 |
| Wealth Forward, LLC added | 561,949 | $16M | 0.1% | 2026-Q1 |
| HIGHLINE WEALTH PARTNERS LLC added | 548,912 | $15M | 0.1% | 2026-Q1 |
| Callan Capital, LLC added | 3,755,197 | $89M | 0.5% | 2025-Q1 stale |
| ALPS ADVISORS INC added | 1,385,646 | $33M | 0.2% | 2025-Q1 stale |
| Burt Wealth Advisors trimmed | 651,562 | $17M | 0.1% | 2025-Q3 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.