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-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
15 tracked funds added or opened FRBA while 9 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
FRBA’s largest tracked holder by dollar value, PATRIOT FINANCIAL PARTNERS GP, LP, sizes it at 11.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 11.1pp 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 2025-Q4 and 2026-Q1, across 126 tracked filers holding FRBA, 67 increased or opened the position and 44 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 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 3
- VANGUARD CAPITAL MANAGEMENT LLC$15M
- VANGUARD FIDUCIARY TRUST CO$2M
- VANGUARD PORTFOLIO MANAGEMENT LLC$2M
Full exits 3
- VANGUARD GROUP INC$20M
- IAM Advisory, LLC$1M
- TWO SIGMA ADVISERS, LP$751K
Largest adds
- BANC FUNDS CO LLC$3M
- AMERICAN CENTURY COMPANIES INC$2M
- TWO SIGMA INVESTMENTS, LP$957K
- Qube Research & Technologies Ltd$756K
- CITADEL ADVISORS LLC$718K
- ACADIAN ASSET MANAGEMENT LLC$566K
Largest trims
- Patriot Financial Partners GP II, L.P.$4M
- WELLINGTON MANAGEMENT GROUP LLP$4M
- BlackRock, Inc.$709K
- BARCLAYS PLC$462K
- WELLS FARGO & COMPANY/MN$268K
- Russell Investments Group, Ltd.$261K
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 |
|---|---|---|---|---|
| BlackRock, Inc. added | 1,896,599 | $30M | 10.3% | 2026-Q1 |
| Patriot Financial Partners GP II, L.P. trimmed | 1,631,437 | $26M | 8.9% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,032,116 | $17M | 5.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 965,272 | $15M | 5.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 859,484 | $14M | 4.8% | 2026-Q1 |
| BANC FUNDS CO LLC added | 864,205 | $14M | 4.7% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 555,883 | $9M | 3.0% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 492,971 | $8M | 2.7% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 486,440 | $8M | 2.7% | 2026-Q1 |
| PL Capital Advisors, LLC | 478,887 | $8M | 2.6% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 401,881 | $6M | 2.2% | 2026-Q1 |
| STATE STREET CORP added | 399,586 | $6M | 2.2% | 2026-Q1 |
| NORTHERN TRUST CORP added | 217,026 | $3M | 1.2% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 216,921 | $3M | 1.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 197,627 | $3M | 1.1% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 168,385 | $3M | 0.9% | 2026-Q1 |
| MORGAN STANLEY added | 164,490 | $3M | 0.9% | 2026-Q1 |
| CSM Advisors, LLC added | 162,980 | $3M | 0.9% | 2026-Q1 |
| Petiole USA ltd | 154,660 | $2M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 140,575 | $2M | 0.8% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 135,211 | $2M | 0.7% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 133,884 | $2M | 0.7% | 2026-Q1 |
| Empowered Funds, LLC added | 131,691 | $2M | 0.7% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 124,055 | $2M | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 110,019 | $2M | 0.6% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 104,346 | $2M | 0.6% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 98,731 | $2M | 0.5% | 2026-Q1 |
| SEGALL BRYANT & HAMILL, LLC trimmed | 102,218 | $2M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 89,328 | $1M | 0.5% | 2026-Q1 |
| Man Group plc added | 83,775 | $1M | 0.5% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 72,418 | $1M | 0.4% | 2026-Q1 |
| Trexquant Investment LP trimmed | 70,074 | $1M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC added | 63,557 | $1M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 62,382 | $998K | 0.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 61,898 | $990K | 0.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 56,972 | $912K | 0.3% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 55,768 | $892K | 0.3% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 54,588 | $873K | 0.3% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P trimmed | 53,874 | $862K | 0.3% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 53,950 | $861K | 0.3% | 2026-Q1 |
| GENDELL JEFFREY L | 48,939 | $783K | 0.3% | 2026-Q1 |
| BARCLAYS PLC trimmed | 44,342 | $709K | 0.2% | 2026-Q1 |
| Minerva Advisors LLC | 41,143 | $658K | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP added | 38,630 | $618K | 0.2% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 37,891 | $606K | 0.2% | 2026-Q1 |
| STRS OHIO added | 37,800 | $605K | 0.2% | 2026-Q1 |
| Inspire Investing, LLC added | 32,081 | $513K | 0.2% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 2,979 | $488K | 0.2% | 2026-Q1 |
| PFS Partners, LLC added | 29,989 | $480K | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 29,736 | $476K | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans new | 29,392 | $471K | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 28,722 | $460K | 0.2% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 28,107 | $450K | 0.2% | 2026-Q1 |
| Nuveen, LLC | 25,551 | $409K | 0.1% | 2026-Q1 |
| Invesco Ltd. trimmed | 21,663 | $347K | 0.1% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 18,120 | $290K | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 17,890 | $286K | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 17,559 | $281K | 0.1% | 2026-Q1 |
| XTX Topco Ltd new | 16,666 | $267K | 0.1% | 2026-Q1 |
| PHILADELPHIA TRUST CO | 15,000 | $240K | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 14,298 | $231K | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC | 13,617 | $218K | 0.1% | 2026-Q1 |
| UBS Group AG added | 12,262 | $196K | 0.1% | 2026-Q1 |
| Bryn Mawr Trust Advisors, LLC added | 12,198 | $195K | 0.1% | 2026-Q1 |
| Campbell & CO Investment Adviser LLC trimmed | 12,039 | $193K | 0.1% | 2026-Q1 |
| PRINCETON CAPITAL MANAGEMENT LLC | 12,000 | $192K | 0.1% | 2026-Q1 |
| MetLife Investment Management, LLC trimmed | 11,902 | $190K | 0.1% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC trimmed | 11,670 | $187K | 0.1% | 2026-Q1 |
| Waldron Private Wealth LLC | 10,988 | $176K | 0.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 10,843 | $173K | 0.1% | 2026-Q1 |
| Creative Planning trimmed | 10,835 | $173K | 0.1% | 2026-Q1 |
| Engineers Gate Manager LP added | 10,527 | $168K | 0.1% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 10,276 | $164K | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC | 10,000 | $160K | 0.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 9,008 | $144K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 9,000 | $143K | 0.0% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 8,161 | $131K | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 7,265 | $116K | 0.0% | 2026-Q1 |
| Byrne Asset Management LLC trimmed | 6,522 | $104K | 0.0% | 2026-Q1 |
| Police & Firemen's Retirement System of New Jersey | 5,148 | $82K | 0.0% | 2026-Q1 |
| PATRIOT FINANCIAL PARTNERS GP, LP | 2,031,437 | $31M | 10.7% | 2025-Q2 stale |
| VANGUARD GROUP INC trimmed | 1,218,900 | $20M | 6.8% | 2025-Q4 stale |
| Capital Market Strategies LLC trimmed | 346,113 | $5M | 1.8% | 2025-Q2 stale |
| Wilmington Savings Fund Society, FSB | 254,719 | $4M | 1.3% | 2025-Q1 stale |
| Foundry Partners, LLC trimmed | 142,500 | $2M | 0.7% | 2025-Q1 stale |
| IAM Advisory, LLC added | 83,655 | $1M | 0.5% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP trimmed | 45,600 | $751K | 0.3% | 2025-Q4 stale |
| Beacon Pointe Advisors, LLC | 45,872 | $710K | 0.2% | 2025-Q2 stale |
| Fourthstone LLC trimmed | 34,016 | $554K | 0.2% | 2025-Q3 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 27,281 | $422K | 0.1% | 2025-Q2 stale |
| GSA CAPITAL PARTNERS LLP added | 19,919 | $328K | 0.1% | 2025-Q4 stale |
| RAFFLES ASSOCIATES LP trimmed | 20,394 | $315K | 0.1% | 2025-Q2 stale |
| BAILARD, INC. trimmed | 19,000 | $294K | 0.1% | 2025-Q2 stale |
| JANE STREET GROUP, LLC trimmed | 17,004 | $280K | 0.1% | 2025-Q4 stale |
| NewEdge Advisors, LLC trimmed | 15,105 | $249K | 0.1% | 2025-Q4 stale |
| FIRST TRUST ADVISORS LP trimmed | 13,764 | $224K | 0.1% | 2025-Q3 stale |
| OCCUDO QUANTITATIVE STRATEGIES LP new | 11,117 | $183K | 0.1% | 2025-Q4 stale |
| INTECH INVESTMENT MANAGEMENT LLC new | 12,009 | $178K | 0.1% | 2025-Q1 stale |
| Corebridge Financial, Inc. trimmed | 10,327 | $153K | 0.1% | 2025-Q1 stale |
| SG Americas Securities, LLC trimmed | 7,308 | $108K | 0.0% | 2025-Q1 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.