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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FMR LLC added | 7,063,934 | $513M | 51.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,323,250 | $96M | 9.6% | 2026-Q1 |
| Orgel Wealth Management, LLC trimmed | 900,088 | $65M | 6.6% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 899,808 | $65M | 6.6% | 2026-Q1 |
| High Probability Advisors, LLC added | 326,720 | $24M | 2.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 261,976 | $19M | 1.9% | 2026-Q1 |
| Great Lakes Retirement, Inc. added | 244,818 | $18M | 1.8% | 2026-Q1 |
| SMITH CHAS P & ASSOCIATES PA CPAS added | 180,306 | $13M | 1.3% | 2026-Q1 |
| Cetera Investment Advisers added | 171,126 | $12M | 1.2% | 2026-Q1 |
| BEACON FINANCIAL GROUP trimmed | 139,768 | $10M | 1.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 128,983 | $9M | 0.9% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 123,470 | $9M | 0.9% | 2026-Q1 |
| SAGESPRING WEALTH PARTNERS, LLC trimmed | 114,532 | $8M | 0.8% | 2026-Q1 |
| LPL Financial LLC added | 109,176 | $8M | 0.8% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. trimmed | 81,411 | $6M | 0.6% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 78,174 | $6M | 0.6% | 2026-Q1 |
| Sunbelt Securities, Inc. trimmed | 72,163 | $5M | 0.5% | 2026-Q1 |
| MORGAN STANLEY added | 67,778 | $5M | 0.5% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 65,682 | $5M | 0.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 64,130 | $5M | 0.5% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 63,519 | $5M | 0.5% | 2026-Q1 |
| Keystone Wealth Services, LLC added | 51,742 | $4M | 0.4% | 2026-Q1 |
| OmniStar Financial Group, Inc. added | 49,770 | $4M | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 47,841 | $3M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 44,930 | $3M | 0.3% | 2026-Q1 |
| Madden Advisory Services, Inc. added | 42,270 | $3M | 0.3% | 2026-Q1 |
| Allworth Financial LP added | 38,576 | $3M | 0.3% | 2026-Q1 |
| Fullerton Advisors, LLC trimmed | 36,675 | $3M | 0.3% | 2026-Q1 |
| Cerity Partners LLC added | 36,469 | $3M | 0.3% | 2026-Q1 |
| UNIQUE WEALTH, LLC trimmed | 36,398 | $3M | 0.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 33,500 | $2M | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 32,816 | $2M | 0.2% | 2026-Q1 |
| Centerline Wealth Advisors, LLC added | 32,661 | $2M | 0.2% | 2026-Q1 |
| Quotient Wealth Partners, LLC trimmed | 27,553 | $2M | 0.2% | 2026-Q1 |
| Biondo Investment Advisors, LLC added | 25,478 | $2M | 0.2% | 2026-Q1 |
| SILVER OAK SECURITIES, INCORPORATED trimmed | 25,198 | $2M | 0.2% | 2026-Q1 |
| Valmark Advisers, Inc. added | 24,915 | $2M | 0.2% | 2026-Q1 |
| Strategic Blueprint, LLC added | 23,736 | $2M | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 23,379 | $2M | 0.2% | 2026-Q1 |
| PKS Advisory Services, LLC added | 20,575 | $1M | 0.1% | 2026-Q1 |
| Lido Advisors, LLC trimmed | 18,898 | $1M | 0.1% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC added | 18,662 | $1M | 0.1% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. added | 18,123 | $1M | 0.1% | 2026-Q1 |
| Independent Advisor Alliance added | 17,278 | $1M | 0.1% | 2026-Q1 |
| AE Wealth Management LLC added | 16,518 | $1M | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 16,129 | $1M | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 16,147 | $1M | 0.1% | 2026-Q1 |
| Mariner, LLC added | 16,071 | $1M | 0.1% | 2026-Q1 |
| Sovran Advisors, LLC new | 14,518 | $1M | 0.1% | 2026-Q1 |
| IFP Advisors, Inc added | 14,726 | $1M | 0.1% | 2026-Q1 |
| Breakwater Capital Group added | 12,842 | $932K | 0.1% | 2026-Q1 |
| Hobbs Group Advisors, LLC added | 11,616 | $843K | 0.1% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 10,974 | $800K | 0.1% | 2026-Q1 |
| Savvy Advisors, Inc. added | 10,867 | $789K | 0.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 10,674 | $775K | 0.1% | 2026-Q1 |
| Flavin Financial Services, Inc. added | 10,446 | $758K | 0.1% | 2026-Q1 |
| Glen Eagle Advisors, LLC trimmed | 8,691 | $631K | 0.1% | 2026-Q1 |
| ALTFEST L J & CO INC trimmed | 8,239 | $598K | 0.1% | 2026-Q1 |
| Cullen/Frost Bankers, Inc. added | 8,194 | $595K | 0.1% | 2026-Q1 |
| CRA Financial Services, LLC trimmed | 8,150 | $592K | 0.1% | 2026-Q1 |
| AssuredPartners Investment Advisors, LLC | 7,868 | $579K | 0.1% | 2026-Q1 |
| Atlas Brown,Inc. added | 7,799 | $566K | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 7,468 | $542K | 0.1% | 2026-Q1 |
| &PARTNERS added | 12,333 | $527K | 0.1% | 2026-Q1 |
| OpenArc Corporate Advisory, LLC new | 7,235 | $525K | 0.1% | 2026-Q1 |
| Stone House Investment Management, LLC added | 7,111 | $516K | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC trimmed | 6,897 | $503K | 0.1% | 2026-Q1 |
| Sigma Planning Corp trimmed | 6,627 | $481K | 0.0% | 2026-Q1 |
| World Investment Advisors added | 6,625 | $481K | 0.0% | 2026-Q1 |
| RCS Financial Planning, LLC new | 6,067 | $440K | 0.0% | 2026-Q1 |
| Mutual Advisors, LLC added | 5,915 | $429K | 0.0% | 2026-Q1 |
| UBS Group AG added | 5,523 | $401K | 0.0% | 2026-Q1 |
| Creative Planning added | 5,373 | $390K | 0.0% | 2026-Q1 |
| Almanack Investment Partners, LLC. added | 4,866 | $353K | 0.0% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC trimmed | 4,809 | $349K | 0.0% | 2026-Q1 |
| Cyndeo Wealth Partners, LLC trimmed | 4,762 | $346K | 0.0% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 4,482 | $325K | 0.0% | 2026-Q1 |
| Beverly Hills Private Wealth, LLC trimmed | 4,383 | $318K | 0.0% | 2026-Q1 |
| CANANDAIGUA NATIONAL CORP new | 4,296 | $312K | 0.0% | 2026-Q1 |
| MV CAPITAL MANAGEMENT, INC. | 4,209 | $306K | 0.0% | 2026-Q1 |
| Beaumont Financial Advisors, LLC added | 4,113 | $299K | 0.0% | 2026-Q1 |
| Ascent Group, LLC trimmed | 4,045 | $294K | 0.0% | 2026-Q1 |
| Bryant Woods Investment Advisors, LLC new | 3,808 | $277K | 0.0% | 2026-Q1 |
| Sequent Asset Management, LLC added | 32,067 | $2M | 0.2% | 2025-Q4 stale |
| LVZ, Inc. trimmed | 25,307 | $2M | 0.2% | 2025-Q3 stale |
| Hershey Financial Advisers, LLC added | 22,335 | $2M | 0.2% | 2025-Q4 stale |
| FOUNDATIONS INVESTMENT ADVISORS, LLC trimmed | 17,783 | $1M | 0.1% | 2025-Q4 stale |
| GOLDMAN SACHS GROUP INC trimmed | 15,778 | $1M | 0.1% | 2025-Q3 stale |
| B. Riley Wealth Advisors, Inc. trimmed | 15,309 | $1M | 0.1% | 2025-Q4 stale |
| Atria Wealth Solutions, Inc. trimmed | 15,449 | $1M | 0.1% | 2025-Q2 stale |
| J.W. COLE ADVISORS, INC. added | 13,402 | $720K | 0.1% | 2025-Q4 stale |
| TWO SIGMA INVESTMENTS, LP trimmed | 8,400 | $628K | 0.1% | 2025-Q3 stale |
| Hoxton Planning & Management, LLC | 6,578 | $492K | 0.0% | 2025-Q3 stale |
| Lighthouse Financial LLC trimmed | 5,750 | $430K | 0.0% | 2025-Q3 stale |
| Kestra Investment Management, LLC added | 4,839 | $366K | 0.0% | 2025-Q4 stale |
| OLD MISSION CAPITAL LLC trimmed | 4,885 | $340K | 0.0% | 2025-Q2 stale |
| CANANDAIGUA NATIONAL BANK & TRUST CO | 4,296 | $325K | 0.0% | 2025-Q4 stale |
| Silver Grove Financial Group, Inc. | 4,149 | $310K | 0.0% | 2025-Q4 stale |
| PARSONS CAPITAL MANAGEMENT INC/RI | 3,720 | $281K | 0.0% | 2025-Q4 stale |
| High Falls Advisors, Inc added | 3,689 | $279K | 0.0% | 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.
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.