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Institutional Ownership · SEC Form 13F

Who owns FQAL (FQAL)


Which tracked institutional funds hold FQAL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FQAL 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.

148
Institutional holders
13,651,738
Shares held (tracked funds)

How the tape is positioned

17 tracked funds added or opened FQAL while 22 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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

FQAL’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in FQAL 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 148 tracked filers holding FQAL, 86 increased or opened the position and 63 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 FQAL 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 4

  • CITADEL ADVISORS LLC$3M
  • JANE STREET GROUP, LLC$2M
  • Sovran Advisors, LLC$1M
  • OpenArc Corporate Advisory, LLC$525K

Full exits 5

  • Sequent Asset Management, LLC$2M
  • Hershey Financial Advisers, LLC$2M
  • FOUNDATIONS INVESTMENT ADVISORS, LLC$1M
  • B. Riley Wealth Advisors, Inc.$1M
  • J.W. COLE ADVISORS, INC.$720K

Largest adds

  • FMR LLC$93M
  • Kestra Advisory Services, LLC$14M
  • RAYMOND JAMES FINANCIAL INC$5M
  • ENVESTNET ASSET MANAGEMENT INC$3M
  • Centerline Wealth Advisors, LLC$2M
  • OmniStar Financial Group, Inc.$2M

Largest trims

  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$64M
  • OSAIC HOLDINGS, INC.$5M
  • Orgel Wealth Management, LLC$3M
  • Sunbelt Securities, Inc.$3M
  • PRINCIPAL SECURITIES, INC.$2M
  • COMMONWEALTH EQUITY SERVICES, LLC$2M

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).

FundSharesReported value% of valueQuarter
FMR LLC added7,063,934$513M51.4%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added1,323,250$96M9.6%2026-Q1
Orgel Wealth Management, LLC trimmed900,088$65M6.6%2026-Q1
Kestra Advisory Services, LLC added899,808$65M6.6%2026-Q1
High Probability Advisors, LLC added326,720$24M2.4%2026-Q1
JPMORGAN CHASE & CO added261,976$19M1.9%2026-Q1
Great Lakes Retirement, Inc. added244,818$18M1.8%2026-Q1
SMITH CHAS P & ASSOCIATES PA CPAS added180,306$13M1.3%2026-Q1
Cetera Investment Advisers added171,126$12M1.2%2026-Q1
BEACON FINANCIAL GROUP trimmed139,768$10M1.0%2026-Q1
RAYMOND JAMES FINANCIAL INC added128,983$9M0.9%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed123,470$9M0.9%2026-Q1
SAGESPRING WEALTH PARTNERS, LLC trimmed114,532$8M0.8%2026-Q1
LPL Financial LLC added109,176$8M0.8%2026-Q1
PRINCIPAL SECURITIES, INC. trimmed81,411$6M0.6%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed78,174$6M0.6%2026-Q1
Sunbelt Securities, Inc. trimmed72,163$5M0.5%2026-Q1
MORGAN STANLEY added67,778$5M0.5%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC added65,682$5M0.5%2026-Q1
OSAIC HOLDINGS, INC. trimmed64,130$5M0.5%2026-Q1
Rockefeller Capital Management L.P. added63,519$5M0.5%2026-Q1
Keystone Wealth Services, LLC added51,742$4M0.4%2026-Q1
OmniStar Financial Group, Inc. added49,770$4M0.4%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed47,841$3M0.3%2026-Q1
CITADEL ADVISORS LLC added44,930$3M0.3%2026-Q1
Madden Advisory Services, Inc. added42,270$3M0.3%2026-Q1
Allworth Financial LP added38,576$3M0.3%2026-Q1
Fullerton Advisors, LLC trimmed36,675$3M0.3%2026-Q1
Cerity Partners LLC added36,469$3M0.3%2026-Q1
UNIQUE WEALTH, LLC trimmed36,398$3M0.3%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added33,500$2M0.2%2026-Q1
JANE STREET GROUP, LLC added32,816$2M0.2%2026-Q1
Centerline Wealth Advisors, LLC added32,661$2M0.2%2026-Q1
Quotient Wealth Partners, LLC trimmed27,553$2M0.2%2026-Q1
Biondo Investment Advisors, LLC added25,478$2M0.2%2026-Q1
SILVER OAK SECURITIES, INCORPORATED trimmed25,198$2M0.2%2026-Q1
Valmark Advisers, Inc. added24,915$2M0.2%2026-Q1
Strategic Blueprint, LLC added23,736$2M0.2%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed23,379$2M0.2%2026-Q1
PKS Advisory Services, LLC added20,575$1M0.1%2026-Q1
Lido Advisors, LLC trimmed18,898$1M0.1%2026-Q1
Prime Capital Investment Advisors, LLC added18,662$1M0.1%2026-Q1
Envestnet Portfolio Solutions, Inc. added18,123$1M0.1%2026-Q1
Independent Advisor Alliance added17,278$1M0.1%2026-Q1
AE Wealth Management LLC added16,518$1M0.1%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed16,129$1M0.1%2026-Q1
FIRST TRUST ADVISORS LP trimmed16,147$1M0.1%2026-Q1
Mariner, LLC added16,071$1M0.1%2026-Q1
Sovran Advisors, LLC new14,518$1M0.1%2026-Q1
IFP Advisors, Inc added14,726$1M0.1%2026-Q1
Breakwater Capital Group added12,842$932K0.1%2026-Q1
Hobbs Group Advisors, LLC added11,616$843K0.1%2026-Q1
TD Waterhouse Canada Inc. added10,974$800K0.1%2026-Q1
Savvy Advisors, Inc. added10,867$789K0.1%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV added10,674$775K0.1%2026-Q1
Flavin Financial Services, Inc. added10,446$758K0.1%2026-Q1
Glen Eagle Advisors, LLC trimmed8,691$631K0.1%2026-Q1
ALTFEST L J & CO INC trimmed8,239$598K0.1%2026-Q1
Cullen/Frost Bankers, Inc. added8,194$595K0.1%2026-Q1
CRA Financial Services, LLC trimmed8,150$592K0.1%2026-Q1
AssuredPartners Investment Advisors, LLC7,868$579K0.1%2026-Q1
Atlas Brown,Inc. added7,799$566K0.1%2026-Q1
HighTower Advisors, LLC trimmed7,468$542K0.1%2026-Q1
&PARTNERS added12,333$527K0.1%2026-Q1
OpenArc Corporate Advisory, LLC new7,235$525K0.1%2026-Q1
Stone House Investment Management, LLC added7,111$516K0.1%2026-Q1
Farther Finance Advisors, LLC trimmed6,897$503K0.1%2026-Q1
Sigma Planning Corp trimmed6,627$481K0.0%2026-Q1
World Investment Advisors added6,625$481K0.0%2026-Q1
RCS Financial Planning, LLC new6,067$440K0.0%2026-Q1
Mutual Advisors, LLC added5,915$429K0.0%2026-Q1
UBS Group AG added5,523$401K0.0%2026-Q1
Creative Planning added5,373$390K0.0%2026-Q1
Almanack Investment Partners, LLC. added4,866$353K0.0%2026-Q1
RWA WEALTH PARTNERS, LLC trimmed4,809$349K0.0%2026-Q1
Cyndeo Wealth Partners, LLC trimmed4,762$346K0.0%2026-Q1
BANK OF MONTREAL /CAN/ added4,482$325K0.0%2026-Q1
Beverly Hills Private Wealth, LLC trimmed4,383$318K0.0%2026-Q1
CANANDAIGUA NATIONAL CORP new4,296$312K0.0%2026-Q1
MV CAPITAL MANAGEMENT, INC.4,209$306K0.0%2026-Q1
Beaumont Financial Advisors, LLC added4,113$299K0.0%2026-Q1
Ascent Group, LLC trimmed4,045$294K0.0%2026-Q1
Bryant Woods Investment Advisors, LLC new3,808$277K0.0%2026-Q1
Sequent Asset Management, LLC added32,067$2M0.2%2025-Q4 stale
LVZ, Inc. trimmed25,307$2M0.2%2025-Q3 stale
Hershey Financial Advisers, LLC added22,335$2M0.2%2025-Q4 stale
FOUNDATIONS INVESTMENT ADVISORS, LLC trimmed17,783$1M0.1%2025-Q4 stale
GOLDMAN SACHS GROUP INC trimmed15,778$1M0.1%2025-Q3 stale
B. Riley Wealth Advisors, Inc. trimmed15,309$1M0.1%2025-Q4 stale
Atria Wealth Solutions, Inc. trimmed15,449$1M0.1%2025-Q2 stale
J.W. COLE ADVISORS, INC. added13,402$720K0.1%2025-Q4 stale
TWO SIGMA INVESTMENTS, LP trimmed8,400$628K0.1%2025-Q3 stale
Hoxton Planning & Management, LLC6,578$492K0.0%2025-Q3 stale
Lighthouse Financial LLC trimmed5,750$430K0.0%2025-Q3 stale
Kestra Investment Management, LLC added4,839$366K0.0%2025-Q4 stale
OLD MISSION CAPITAL LLC trimmed4,885$340K0.0%2025-Q2 stale
CANANDAIGUA NATIONAL BANK & TRUST CO4,296$325K0.0%2025-Q4 stale
Silver Grove Financial Group, Inc.4,149$310K0.0%2025-Q4 stale
PARSONS CAPITAL MANAGEMENT INC/RI3,720$281K0.0%2025-Q4 stale
High Falls Advisors, Inc added3,689$279K0.0%2025-Q4 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.

HoldersTotal shares

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.

Learn how to read institutional ownership