Who owns FRBA
Which tracked institutional funds hold FRBA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FRBA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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
26 tracked funds added or opened FRBA while 13 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
FRBA’s largest tracked holder by dollar value, BlackRock, Inc., 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 FRBA 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 117 tracked filers holding FRBA, 72 increased or opened the position and 56 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 FRBA 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 1
- ALGERT GLOBAL LLC$666K
Full exits 5
- CSM Advisors, LLC$3M
- SEGALL BRYANT & HAMILL, LLC$2M
- MILLENNIUM MANAGEMENT LLC$990K
- MARTINGALE ASSET MANAGEMENT L P$862K
- ACADIAN ASSET MANAGEMENT LLC$861K
Largest adds
- BlackRock, Inc.$5M
- AMERICAN CENTURY COMPANIES INC$3M
- DIMENSIONAL FUND ADVISORS LP$3M
- Patriot Financial Partners GP II, L.P.$3M
- AQR CAPITAL MANAGEMENT LLC$3M
- VANGUARD CAPITAL MANAGEMENT LLC$3M
Largest trims
- WELLINGTON MANAGEMENT GROUP LLP$3M
- ALLIANCEBERNSTEIN L.P.$2M
- MORGAN STANLEY$863K
- Squarepoint Ops LLC$799K
- Qube Research & Technologies Ltd$580K
- GOLDMAN SACHS GROUP INC$554K
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 |
|---|---|---|---|---|
| BlackRock, Inc. added | 1,989,818 | $35M | 14.5% | 2026-Q2 |
| Patriot Financial Partners GP II, L.P. | 1,631,437 | $29M | 11.9% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,090,980 | $19M | 8.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 1,018,752 | $18M | 7.4% | 2026-Q2 |
| BANC FUNDS CO LLC | 864,205 | $15M | 6.3% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 775,444 | $12M | 5.1% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 625,891 | $11M | 4.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 539,839 | $10M | 3.9% | 2026-Q2 |
| ROYCE & ASSOCIATES LP trimmed | 534,424 | $9M | 3.9% | 2026-Q2 |
| PL Capital Advisors, LLC | 478,887 | $8M | 3.5% | 2026-Q2 |
| STATE STREET CORP added | 420,713 | $7M | 3.1% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 224,467 | $4M | 1.6% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 205,076 | $4M | 1.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 198,777 | $4M | 1.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 198,482 | $4M | 1.4% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 185,603 | $3M | 1.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 167,487 | $3M | 1.2% | 2026-Q2 |
| Petiole USA ltd | 154,660 | $3M | 1.1% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 148,316 | $3M | 1.1% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 147,258 | $3M | 1.1% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 142,344 | $3M | 1.0% | 2026-Q2 |
| Empowered Funds, LLC added | 139,237 | $2M | 1.0% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 134,140 | $2M | 1.0% | 2026-Q2 |
| Trexquant Investment LP added | 121,516 | $2M | 0.9% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 106,783 | $2M | 0.8% | 2026-Q2 |
| Man Group plc added | 102,341 | $2M | 0.7% | 2026-Q2 |
| MORGAN STANLEY trimmed | 99,768 | $2M | 0.7% | 2026-Q2 |
| Bank of New York Mellon Corp added | 97,532 | $2M | 0.7% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 88,105 | $2M | 0.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 68,042 | $1M | 0.5% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 61,461 | $1M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 58,196 | $1M | 0.4% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 57,477 | $1M | 0.4% | 2026-Q2 |
| Quantinno Capital Management LP added | 54,968 | $975K | 0.4% | 2026-Q2 |
| GENDELL JEFFREY L | 48,939 | $868K | 0.4% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 43,785 | $776K | 0.3% | 2026-Q2 |
| Minerva Advisors LLC | 41,143 | $729K | 0.3% | 2026-Q2 |
| STRS OHIO added | 40,800 | $723K | 0.3% | 2026-Q2 |
| BARCLAYS PLC trimmed | 40,736 | $722K | 0.3% | 2026-Q2 |
| Creative Planning added | 40,265 | $714K | 0.3% | 2026-Q2 |
| Inspire Investing, LLC added | 38,635 | $685K | 0.3% | 2026-Q2 |
| ALGERT GLOBAL LLC new | 37,551 | $666K | 0.3% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 35,150 | $623K | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 31,417 | $557K | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 31,157 | $552K | 0.2% | 2026-Q2 |
| PFS Partners, LLC added | 30,004 | $532K | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 28,015 | $497K | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 24,542 | $435K | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 21,641 | $384K | 0.2% | 2026-Q2 |
| Invesco Ltd. trimmed | 18,965 | $336K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 18,204 | $323K | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 17,842 | $308K | 0.1% | 2026-Q2 |
| IEQ CAPITAL, LLC new | 17,441 | $309K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 15,801 | $280K | 0.1% | 2026-Q2 |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 15,520 | $275K | 0.1% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 15,450 | $274K | 0.1% | 2026-Q2 |
| UBS Group AG added | 14,754 | $262K | 0.1% | 2026-Q2 |
| ExodusPoint Capital Management, LP new | 13,192 | $234K | 0.1% | 2026-Q2 |
| XTX Topco Ltd trimmed | 12,851 | $228K | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 12,547 | $222K | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 12,297 | $218K | 0.1% | 2026-Q2 |
| PRINCETON CAPITAL MANAGEMENT LLC | 12,000 | $213K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC trimmed | 11,729 | $208K | 0.1% | 2026-Q2 |
| Shepherd Financial Partners LLC new | 11,638 | $206K | 0.1% | 2026-Q2 |
| Sequoia Financial Advisors, LLC new | 11,472 | $203K | 0.1% | 2026-Q2 |
| Mariner, LLC new | 10,421 | $185K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 10,213 | $181K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 9,290 | $162K | 0.1% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 8,852 | $157K | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC | 8,161 | $145K | 0.1% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey added | 7,761 | $138K | 0.1% | 2026-Q2 |
| Byrne Asset Management LLC | 6,522 | $116K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 5,707 | $101K | 0.0% | 2026-Q2 |
| Quaker Wealth Management, LLC added | 3,102 | $55K | 0.0% | 2026-Q2 |
| Glen Eagle Advisors, LLC | 3,000 | $53K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 2,583 | $46K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 2,455 | $44K | 0.0% | 2026-Q2 |
| Key Financial Inc | 2,450 | $43K | 0.0% | 2026-Q2 |
| Legal & General Group Plc added | 2,242 | $40K | 0.0% | 2026-Q2 |
| Ameritas Investment Partners, Inc. | 2,134 | $38K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,564 | $27K | 0.0% | 2026-Q2 |
| FMR LLC trimmed | 1,340 | $24K | 0.0% | 2026-Q2 |
| Arax Advisory Partners added | 1,154 | $20K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,052 | $19K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 942 | $17K | 0.0% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 869 | $15K | 0.0% | 2026-Q2 |
| Private Wealth Management Group, LLC | 800 | $14K | 0.0% | 2026-Q2 |
| Pinnacle Wealth Planning Services, Inc. | 740 | $13K | 0.0% | 2026-Q2 |
| Versant Capital Management, Inc trimmed | 629 | $11K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. new | 625 | $11K | 0.0% | 2026-Q2 |
| Sterling Capital Management LLC trimmed | 447 | $8K | 0.0% | 2026-Q2 |
| Allworth Financial LP added | 434 | $8K | 0.0% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 303 | $5K | 0.0% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 283 | $5K | 0.0% | 2026-Q2 |
| GAMMA Investing LLC added | 230 | $4K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc added | 217 | $4K | 0.0% | 2026-Q2 |
| Essential Partners LLC added | 179 | $3K | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC trimmed | 151 | $3K | 0.0% | 2026-Q2 |
| Smartleaf Asset Management LLC | 150 | $3K | 0.0% | 2026-Q2 |
| US BANCORP \DE\ new | 117 | $2K | 0.0% | 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.