Who owns FPAG (FPAG)
Which tracked institutional funds hold FPAG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FPAG 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
The tracked-fund tape on FPAG is one-sided between 2025-Q4 and 2026-Q1: 17 added or opened and 4 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
FPAG’s largest tracked holder by dollar value, Mesirow Financial Investment Management, Inc., sizes it at 2.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FPAG 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 53 tracked filers holding FPAG, 39 increased or opened the position and 10 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 FPAG 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 6
- OXFORD FINANCIAL GROUP, LTD. LLC$92M
- Goldstone Financial Group, LLC$8M
- CITADEL ADVISORS LLC$3M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$3M
- Ethos Financial Group, LLC$1M
- SHP Wealth Management$908K
Largest adds
- Mesirow Financial Investment Management, Inc.$99M
- JANE STREET GROUP, LLC$9M
- Allegheny Financial Group$3M
- New England Private Wealth Advisors LLC$2M
- ECLECTIC ASSOCIATES INC /ADV$1M
- NavPoint Financial, Inc.$1M
Largest trims
- Tanglewood Wealth Management, Inc.$39M
- Verum Partners LLC$10M
- Compass Ion Advisors, LLC$2M
- Mills Wealth Advisors LLC$919K
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 |
|---|---|---|---|---|
| Mesirow Financial Investment Management, Inc. added | 4,363,542 | $158M | 37.1% | 2026-Q1 |
| OXFORD FINANCIAL GROUP, LTD. LLC new | 2,548,657 | $92M | 21.6% | 2026-Q1 |
| Verum Partners LLC trimmed | 698,058 | $25M | 5.9% | 2026-Q1 |
| Bank of New York Mellon Corp added | 543,992 | $20M | 4.6% | 2026-Q1 |
| NavPoint Financial, Inc. added | 402,838 | $15M | 3.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 311,853 | $11M | 2.6% | 2026-Q1 |
| ECLECTIC ASSOCIATES INC /ADV added | 276,249 | $10M | 2.3% | 2026-Q1 |
| New England Private Wealth Advisors LLC added | 260,241 | $9M | 2.2% | 2026-Q1 |
| Broderick Brian C | 211,484 | $9M | 2.1% | 2026-Q1 |
| Goldstone Financial Group, LLC new | 222,718 | $8M | 1.9% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 202,395 | $7M | 1.7% | 2026-Q1 |
| Allegheny Financial Group added | 145,494 | $5M | 1.2% | 2026-Q1 |
| FIRST MERCHANTS CORP trimmed | 436,510 | $4M | 1.0% | 2026-Q1 |
| Hemenway Trust Co LLC added | 95,513 | $4M | 0.9% | 2026-Q1 |
| DEMMING FINANCIAL SERVICES CORP /ADV added | 103,816 | $4M | 0.9% | 2026-Q1 |
| Argent Trust Co added | 101,149 | $4M | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC new | 84,098 | $3M | 0.7% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 83,976 | $3M | 0.7% | 2026-Q1 |
| Private Advisor Group, LLC added | 77,903 | $3M | 0.7% | 2026-Q1 |
| Onyx Bridge Wealth Group LLC added | 72,762 | $3M | 0.6% | 2026-Q1 |
| Compass Ion Advisors, LLC trimmed | 59,642 | $2M | 0.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 51,558 | $2M | 0.4% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 50,813 | $2M | 0.4% | 2026-Q1 |
| Tanglewood Wealth Management, Inc. trimmed | 47,179 | $2M | 0.4% | 2026-Q1 |
| Ethos Financial Group, LLC added | 34,317 | $1M | 0.3% | 2026-Q1 |
| &PARTNERS added | 37,663 | $1M | 0.3% | 2026-Q1 |
| LPL Financial LLC added | 27,737 | $1M | 0.2% | 2026-Q1 |
| SHP Wealth Management new | 25,019 | $908K | 0.2% | 2026-Q1 |
| Mills Wealth Advisors LLC trimmed | 24,800 | $900K | 0.2% | 2026-Q1 |
| CERTIOR FINANCIAL GROUP, LLC added | 23,248 | $843K | 0.2% | 2026-Q1 |
| Equitable Holdings, Inc. added | 13,768 | $499K | 0.1% | 2026-Q1 |
| Good Harbor Advisors, Inc. new | 11,231 | $407K | 0.1% | 2026-Q1 |
| Lakeside Advisors, INC. added | 10,600 | $385K | 0.1% | 2026-Q1 |
| US BANCORP \DE\ | 10,400 | $377K | 0.1% | 2026-Q1 |
| DAVENPORT & Co LLC new | 10,094 | $366K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 14,049 | $352K | 0.1% | 2026-Q1 |
| DKM Wealth Management, Inc. added | 9,554 | $347K | 0.1% | 2026-Q1 |
| Joel Isaacson & Co., LLC | 7,823 | $284K | 0.1% | 2026-Q1 |
| Retirement Planning Group, LLC new | 7,637 | $277K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 6,779 | $246K | 0.1% | 2026-Q1 |
| MCDONALD PARTNERS LLC | 6,500 | $236K | 0.1% | 2026-Q1 |
| Cresset Asset Management, LLC | 6,215 | $225K | 0.1% | 2026-Q1 |
| Dempze Nancy E | 5,135 | $218K | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC new | 5,795 | $210K | 0.0% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. new | 3,484 | $126K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 2,791 | $101K | 0.0% | 2026-Q1 |
| PRIVATE TRUST CO NA | 2,000 | $73K | 0.0% | 2026-Q1 |
| HAZLETT, BURT & WATSON, INC. trimmed | 1,211 | $44K | 0.0% | 2026-Q1 |
| HARBOR INVESTMENT ADVISORY, LLC added | 615 | $22K | 0.0% | 2026-Q1 |
| Mowery & Schoenfeld Wealth Management, LLC added | 500 | $18K | 0.0% | 2026-Q1 |
| Sunrise Financial Services, LLC new | 400 | $10K | 0.0% | 2026-Q1 |
| Spire Wealth Management new | 30 | $1K | 0.0% | 2026-Q1 |
| Financial Gravity Asset Management, Inc. | 24 | $238 | 0.0% | 2026-Q1 |
| NATURAL INVESTMENTS, LLC new | 231,101 | $9M | 2.1% | 2025-Q3 stale |
| FLOW TRADERS U.S. LLC added | 15,388 | $523K | 0.1% | 2025-Q2 stale |
| RiverFront Investment Group, LLC new | 4,894 | $210K | 0.0% | 2025-Q2 stale |
| TWIN CAPITAL MANAGEMENT INC | 5,004 | $201K | 0.0% | 2025-Q1 stale |
| COMERICA BANK | 2,791 | $104K | 0.0% | 2025-Q4 stale |
| Hurley Capital, LLC trimmed | 1,916 | $19K | 0.0% | 2025-Q3 stale |
| UBS Group AG trimmed | 67 | $2K | 0.0% | 2025-Q4 stale |
| Garton & Associates Financial Advisors LLC new | 196 | $2K | 0.0% | 2025-Q4 stale |
| Kohmann Bosshard Financial Services, LLC new | 8 | $74 | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 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.