Who owns FRDM (FRDM)
Which tracked institutional funds hold FRDM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FRDM 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 FRDM is one-sided between 2025-Q4 and 2026-Q1: 117 added or opened and 25 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
FRDM’s largest tracked holder by dollar value, Retirement Planning Group, LLC, sizes it at 4.3% of its own reported 13F book, while the median holder sizes it at 1.2% of theirs — a 3.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FRDM 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 277 tracked filers holding FRDM, 182 increased or opened the position and 88 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 FRDM 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 32
- Legacy Financial Advisors, Inc.$21M
- MUHLENKAMP & CO INC$13M
- ADAMSBROWN WEALTH CONSULTANTS LLC$12M
- KFG WEALTH MANAGEMENT, LLC$10M
- Krilogy Financial LLC$9M
- Retirement Management Systems Inc.$8M
Full exits 3
- Pandora Wealth, Inc.$2M
- BANK OF AMERICA CORP /DE/$2M
- Stegent Equity Advisors, Inc.$584K
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$105M
- WELLS FARGO & COMPANY/MN$40M
- Heck Capital Advisors, LLC$22M
- LPL Financial LLC$20M
- ENVESTNET ASSET MANAGEMENT INC$20M
- MORGAN STANLEY$18M
Largest trims
- Tanglewood Wealth Management, Inc.$14M
- JANE STREET GROUP, LLC$7M
- Intelligence Driven Advisers, LLC$5M
- Willis Johnson & Associates, Inc.$5M
- Ellevest, Inc.$4M
- Stokes Family Office, LLC$3M
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 |
|---|---|---|---|---|
| Retirement Planning Group, LLC added | 2,549,629 | $139M | 8.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,144,310 | $117M | 6.9% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 1,945,178 | $106M | 6.2% | 2026-Q1 |
| MAINSTAY CAPITAL MANAGEMENT LLC /ADV added | 1,823,216 | $100M | 5.9% | 2026-Q1 |
| Ellevest, Inc. trimmed | 1,035,228 | $57M | 3.3% | 2026-Q1 |
| Willis Johnson & Associates, Inc. trimmed | 859,157 | $47M | 2.8% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 794,463 | $43M | 2.6% | 2026-Q1 |
| Tanglewood Wealth Management, Inc. trimmed | 790,796 | $43M | 2.5% | 2026-Q1 |
| LPL Financial LLC added | 767,211 | $42M | 2.5% | 2026-Q1 |
| Aptus Capital Advisors, LLC trimmed | 662,086 | $36M | 2.1% | 2026-Q1 |
| Heck Capital Advisors, LLC added | 614,830 | $34M | 2.0% | 2026-Q1 |
| GUARDIAN WEALTH ADVISORS, LLC / NC trimmed | 610,969 | $33M | 2.0% | 2026-Q1 |
| MORGAN STANLEY added | 590,365 | $32M | 1.9% | 2026-Q1 |
| Coyle Financial Counsel LLC added | 583,848 | $32M | 1.9% | 2026-Q1 |
| Kathmere Capital Management, LLC trimmed | 485,866 | $27M | 1.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 472,044 | $26M | 1.5% | 2026-Q1 |
| Investment Planning Advisors, Inc. trimmed | 470,311 | $26M | 1.5% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 442,531 | $24M | 1.4% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 440,218 | $24M | 1.4% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 403,853 | $22M | 1.3% | 2026-Q1 |
| First Heartland Consultants, Inc. added | 391,123 | $21M | 1.3% | 2026-Q1 |
| Legacy Financial Advisors, Inc. new | 386,706 | $21M | 1.2% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 323,392 | $18M | 1.0% | 2026-Q1 |
| Beaumont Financial Advisors, LLC added | 313,143 | $17M | 1.0% | 2026-Q1 |
| MAYPORT, LLC added | 296,252 | $16M | 1.0% | 2026-Q1 |
| Commonwealth Financial Services, LLC trimmed | 293,582 | $16M | 0.9% | 2026-Q1 |
| ENZI WEALTH added | 293,511 | $16M | 0.9% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 290,229 | $16M | 0.9% | 2026-Q1 |
| Compass Ion Advisors, LLC added | 287,522 | $16M | 0.9% | 2026-Q1 |
| Invst, LLC trimmed | 276,703 | $15M | 0.9% | 2026-Q1 |
| Yardley Wealth Management LLC trimmed | 275,517 | $15M | 0.9% | 2026-Q1 |
| GTS SECURITIES LLC added | 257,835 | $14M | 0.8% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 254,839 | $14M | 0.8% | 2026-Q1 |
| WCG Wealth Advisors LLC trimmed | 248,950 | $14M | 0.8% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 249,464 | $13M | 0.8% | 2026-Q1 |
| MUHLENKAMP & CO INC new | 236,825 | $13M | 0.8% | 2026-Q1 |
| High Note Wealth, LLC added | 235,785 | $13M | 0.8% | 2026-Q1 |
| Intelligence Driven Advisers, LLC trimmed | 230,078 | $13M | 0.7% | 2026-Q1 |
| ADAMSBROWN WEALTH CONSULTANTS LLC new | 228,637 | $12M | 0.7% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 190,790 | $10M | 0.6% | 2026-Q1 |
| KFG WEALTH MANAGEMENT, LLC new | 188,461 | $10M | 0.6% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 181,242 | $10M | 0.6% | 2026-Q1 |
| Longview Financial Advisors, Inc. added | 177,464 | $10M | 0.6% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 176,949 | $10M | 0.6% | 2026-Q1 |
| Pearl Planning LLC trimmed | 176,261 | $10M | 0.6% | 2026-Q1 |
| MGO ONE SEVEN LLC trimmed | 175,847 | $10M | 0.6% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 174,131 | $10M | 0.6% | 2026-Q1 |
| Watchman Group, Inc. trimmed | 171,193 | $9M | 0.5% | 2026-Q1 |
| Rossby Financial, LCC trimmed | 164,424 | $9M | 0.5% | 2026-Q1 |
| Krilogy Financial LLC new | 144,618 | $9M | 0.5% | 2026-Q1 |
| Koshinski Asset Management, Inc. added | 160,417 | $9M | 0.5% | 2026-Q1 |
| Signal Advisors Wealth, LLC added | 154,516 | $8M | 0.5% | 2026-Q1 |
| Lumbard & Kellner, LLC added | 153,507 | $8M | 0.5% | 2026-Q1 |
| Retirement Management Systems Inc. new | 150,444 | $8M | 0.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 149,790 | $8M | 0.5% | 2026-Q1 |
| Baird Financial Group, Inc. added | 149,204 | $8M | 0.5% | 2026-Q1 |
| Prospera Financial Services Inc added | 147,477 | $8M | 0.5% | 2026-Q1 |
| Stokes Family Office, LLC trimmed | 146,583 | $8M | 0.5% | 2026-Q1 |
| TrueWealth Advisors, LLC trimmed | 140,610 | $8M | 0.5% | 2026-Q1 |
| QUARRY HILL ADVISORS, LLC trimmed | 118,355 | $7M | 0.4% | 2026-Q1 |
| TABLEAUX LLC trimmed | 133,674 | $7M | 0.4% | 2026-Q1 |
| Focus Partners Wealth added | 133,104 | $7M | 0.4% | 2026-Q1 |
| Ameritas Investment Partners, Inc. added | 123,180 | $7M | 0.4% | 2026-Q1 |
| Wright Wealth LLC trimmed | 123,110 | $7M | 0.4% | 2026-Q1 |
| Tidal Investments LLC added | 122,448 | $7M | 0.4% | 2026-Q1 |
| Bank Julius Baer & Co. Ltd, Zurich new | 119,500 | $7M | 0.4% | 2026-Q1 |
| OneDigital Investment Advisors LLC trimmed | 118,950 | $7M | 0.4% | 2026-Q1 |
| Brookstone Capital Management added | 116,907 | $6M | 0.4% | 2026-Q1 |
| Smallwood Wealth Investment Management, LLC trimmed | 115,760 | $6M | 0.4% | 2026-Q1 |
| Trademark Financial Management, LLC added | 114,144 | $6M | 0.4% | 2026-Q1 |
| CABOT WEALTH MANAGEMENT INC new | 113,975 | $6M | 0.4% | 2026-Q1 |
| New England Private Wealth Advisors LLC trimmed | 113,084 | $6M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 113,027 | $6M | 0.4% | 2026-Q1 |
| Philadelphia Investment Partners, LLC new | 110,782 | $6M | 0.4% | 2026-Q1 |
| Lansing Street Advisors added | 108,282 | $6M | 0.3% | 2026-Q1 |
| Womack Financial LLC trimmed | 106,453 | $6M | 0.3% | 2026-Q1 |
| Foundations Investment Advisors, LLC added | 100,867 | $6M | 0.3% | 2026-Q1 |
| Harbour Wealth Management Group, Inc. added | 100,166 | $5M | 0.3% | 2026-Q1 |
| Avid Wealth Partners LLC added | 99,208 | $5M | 0.3% | 2026-Q1 |
| Geneos Wealth Management Inc. added | 98,731 | $5M | 0.3% | 2026-Q1 |
| United Advisor Group, LLC added | 95,017 | $5M | 0.3% | 2026-Q1 |
| ISLAY CAPITAL MANAGEMENT, LLC added | 92,180 | $5M | 0.3% | 2026-Q1 |
| Peak Planning Group, LLC added | 89,297 | $5M | 0.3% | 2026-Q1 |
| Mariner, LLC trimmed | 82,687 | $5M | 0.3% | 2026-Q1 |
| SWEENEY & MICHEL, LLC added | 74,404 | $5M | 0.3% | 2026-Q1 |
| Ethos Financial Group, LLC trimmed | 80,942 | $4M | 0.3% | 2026-Q1 |
| Sunrise Financial Services, LLC trimmed | 78,885 | $4M | 0.3% | 2026-Q1 |
| Advisory Services Network, LLC added | 76,442 | $4M | 0.2% | 2026-Q1 |
| Oath Planning, LLC added | 74,055 | $4M | 0.2% | 2026-Q1 |
| Piedmont Capital Management, LLC new | 72,198 | $4M | 0.2% | 2026-Q1 |
| ARQ WEALTH ADVISORS, LLC added | 70,675 | $4M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 73,365 | $4M | 0.2% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 66,992 | $4M | 0.2% | 2026-Q1 |
| Equitable Holdings, Inc. added | 71,571 | $4M | 0.2% | 2026-Q1 |
| 1620 INVESTMENT ADVISORS, INC. added | 62,240 | $3M | 0.2% | 2026-Q1 |
| MAI Capital Management added | 58,694 | $3M | 0.2% | 2026-Q1 |
| Allen Capital Group, LLC added | 55,129 | $3M | 0.2% | 2026-Q1 |
| Stephens Consulting, LLC added | 187,682 | $8M | 0.4% | 2025-Q2 stale |
| Fortitude Financial, LLC trimmed | 105,138 | $5M | 0.3% | 2025-Q3 stale |
| EWG Elevate Inc. trimmed | 89,400 | $4M | 0.2% | 2025-Q3 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.