Who owns Fermi Inc. Common Stock (FRMI)
Which tracked institutional funds hold FRMI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FRMI 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
The tracked-fund tape on FRMI is one-sided between 2026-Q1 and 2026-Q2: 129 added or opened and 27 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
FRMI’s largest tracked holder by dollar value, SRS Investment Management, LLC, sizes it at 1.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FRMI 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 278 tracked filers holding FRMI, 220 increased or opened the position and 96 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
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 FRMI 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 51
- SRS Investment Management, LLC$185M
- BlueCrest Capital Management Ltd$33M
- Ratan Capital Management LP$20M
- Texas Capital Bank Wealth Management Services Inc$13M
- STEADFAST CAPITAL MANAGEMENT LP$13M
- Value Aligned Research Advisors, LLC$13M
Full exits 14
- T. Rowe Price Investment Management, Inc.$14M
- Weiss Asset Management LP$14M
- TORTOISE CAPITAL ADVISORS, L.L.C.$13M
- Boston Partners$6M
- Engle Capital Management, L.P.$6M
- TUDOR INVESTMENT CORP ET AL$4M
Largest adds
- Point72 Asset Management, L.P.$57M
- D. E. Shaw & Co., Inc.$45M
- CITADEL ADVISORS LLC$42M
- MILLENNIUM MANAGEMENT LLC$39M
- ExodusPoint Capital Management, LP$37M
- MARSHALL WACE, LLP$36M
Largest trims
- UBS Group AG$23M
- BARCLAYS PLC$17M
- M&G PLC$9M
- ADAGE CAPITAL PARTNERS GP, L.L.C.$6M
- MORGAN STANLEY$3M
- Engineers Gate Manager LP$3M
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 |
|---|---|---|---|---|
| SRS Investment Management, LLC new | 20,205,579 | $185M | 13.3% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 8,587,055 | $79M | 5.6% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 7,036,123 | $64M | 4.6% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 5,418,891 | $50M | 3.6% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 4,303,619 | $39M | 2.8% | 2026-Q2 |
| BlackRock, Inc. added | 4,202,985 | $38M | 2.8% | 2026-Q2 |
| MARSHALL WACE, LLP added | 4,160,290 | $38M | 2.7% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 4,068,302 | $37M | 2.7% | 2026-Q2 |
| Gotham Asset Management, LLC added | 3,943,404 | $36M | 2.6% | 2026-Q2 |
| NEXPOINT ASSET MANAGEMENT, L.P. added | 3,941,477 | $36M | 2.6% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 3,852,877 | $35M | 2.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 3,802,523 | $35M | 2.5% | 2026-Q2 |
| BlueCrest Capital Management Ltd new | 3,632,795 | $33M | 2.4% | 2026-Q2 |
| CastleKnight Management LP added | 3,292,022 | $30M | 2.2% | 2026-Q2 |
| UBS Group AG trimmed | 3,204,530 | $29M | 2.1% | 2026-Q2 |
| Cetera Investment Advisers added | 3,170,950 | $29M | 2.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 3,144,803 | $29M | 2.1% | 2026-Q2 |
| Alyeska Investment Group, L.P. added | 2,886,836 | $26M | 1.9% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 2,702,576 | $25M | 1.8% | 2026-Q2 |
| Ratan Capital Management LP added | 2,158,749 | $20M | 1.4% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 2,143,467 | $20M | 1.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 2,132,185 | $20M | 1.4% | 2026-Q2 |
| STATE STREET CORP added | 2,114,723 | $19M | 1.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,949,698 | $18M | 1.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 1,653,320 | $15M | 1.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 1,617,042 | $15M | 1.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 1,613,946 | $15M | 1.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,608,939 | $15M | 1.1% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 1,574,276 | $14M | 1.0% | 2026-Q2 |
| Ascentis Wealth Management, LLC added | 1,492,985 | $10M | 0.7% | 2026-Q2 |
| Texas Capital Bank Wealth Management Services Inc new | 1,455,677 | $13M | 1.0% | 2026-Q2 |
| STEADFAST CAPITAL MANAGEMENT LP new | 1,447,600 | $13M | 1.0% | 2026-Q2 |
| Value Aligned Research Advisors, LLC new | 1,367,995 | $13M | 0.9% | 2026-Q2 |
| Walleye Trading LLC added | 1,366,393 | $13M | 0.9% | 2026-Q2 |
| Whetstone Capital Advisors, LLC new | 1,311,002 | $12M | 0.9% | 2026-Q2 |
| GROUP ONE TRADING LLC new | 1,225,687 | $11M | 0.8% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,217,900 | $11M | 0.8% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,213,927 | $11M | 0.8% | 2026-Q2 |
| OpenArc Corporate Advisory, LLC trimmed | 1,075,435 | $10M | 0.7% | 2026-Q2 |
| Aberdeen Group plc new | 1,003,900 | $9M | 0.7% | 2026-Q2 |
| ArrowMark Colorado Holdings LLC added | 919,898 | $8M | 0.6% | 2026-Q2 |
| Delta Global Management LP new | 908,801 | $8M | 0.6% | 2026-Q2 |
| Hiddenite Capital Partners LP new | 875,000 | $8M | 0.6% | 2026-Q2 |
| Capricorn Fund Managers Ltd new | 875,000 | $8M | 0.6% | 2026-Q2 |
| Verition Fund Management LLC trimmed | 872,967 | $8M | 0.6% | 2026-Q2 |
| BANK OF NOVA SCOTIA new | 848,400 | $8M | 0.6% | 2026-Q2 |
| Empire Life Investments Inc. trimmed | 829,135 | $8M | 0.5% | 2026-Q2 |
| HORIZON KINETICS ASSET MANAGEMENT LLC added | 824,227 | $8M | 0.5% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed | 750,000 | $7M | 0.5% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. new | 741,401 | $7M | 0.5% | 2026-Q2 |
| TITLEIST ASSET MANAGEMENT, LLC new | 741,378 | $7M | 0.5% | 2026-Q2 |
| Larson Financial Group LLC new | 600,908 | $6M | 0.4% | 2026-Q2 |
| LAKEWOOD CAPITAL MANAGEMENT, LP new | 600,000 | $5M | 0.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 585,521 | $5M | 0.4% | 2026-Q2 |
| Bank of New York Mellon Corp added | 514,349 | $5M | 0.3% | 2026-Q2 |
| Sculptor Capital LP new | 508,200 | $5M | 0.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 494,174 | $5M | 0.3% | 2026-Q2 |
| Prentice Capital Management, LP added | 462,047 | $4M | 0.3% | 2026-Q2 |
| DAVIS SELECTED ADVISERS added | 451,400 | $4M | 0.3% | 2026-Q2 |
| MOORE CAPITAL MANAGEMENT, LP new | 427,606 | $4M | 0.3% | 2026-Q2 |
| Philadelphia Financial Management of San Francisco, LLC trimmed | 425,000 | $4M | 0.3% | 2026-Q2 |
| FRONTIER CAPITAL MANAGEMENT CO LLC new | 421,746 | $4M | 0.3% | 2026-Q2 |
| MORGAN STANLEY trimmed | 416,144 | $4M | 0.3% | 2026-Q2 |
| TD Asset Management Inc trimmed | 393,543 | $4M | 0.3% | 2026-Q2 |
| NICOLET BANKSHARES INC trimmed | 370,177 | $3M | 0.2% | 2026-Q2 |
| Two Seas Capital LP added | 352,671 | $3M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 321,757 | $3M | 0.2% | 2026-Q2 |
| Vennlight Capital Management, LP new | 304,920 | $3M | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 303,748 | $3M | 0.2% | 2026-Q2 |
| Beartown Capital Management, LLC new | 300,000 | $3M | 0.2% | 2026-Q2 |
| Brevan Howard Capital Management LP added | 296,290 | $3M | 0.2% | 2026-Q2 |
| Squarepoint Ops LLC added | 296,009 | $3M | 0.2% | 2026-Q2 |
| Burford Brothers, Inc. new | 294,416 | $3M | 0.2% | 2026-Q2 |
| Invesco Ltd. added | 289,279 | $3M | 0.2% | 2026-Q2 |
| Marex Group Ltd added | 288,200 | $3M | 0.2% | 2026-Q2 |
| Sovereign's Capital Management, LLC trimmed | 262,185 | $2M | 0.2% | 2026-Q2 |
| Anson Funds Management LP trimmed | 260,000 | $2M | 0.2% | 2026-Q2 |
| SIMPLEX TRADING, LLC added | 252,611 | $2M | 0.2% | 2026-Q2 |
| Lloyd Harbor Capital Management, LLC new | 250,000 | $2M | 0.2% | 2026-Q2 |
| Arrow Capital Management, LLC new | 250,000 | $2M | 0.2% | 2026-Q2 |
| GRIZZLYROCK CAPITAL, LLC new | 243,500 | $2M | 0.2% | 2026-Q2 |
| Holocene Advisors, LP added | 235,385 | $2M | 0.2% | 2026-Q2 |
| Moors & Cabot, Inc. added | 230,884 | $2M | 0.2% | 2026-Q2 |
| LEVIN CAPITAL STRATEGIES, L.P. added | 224,342 | $2M | 0.1% | 2026-Q2 |
| MONEY CONCEPTS CAPITAL CORP added | 222,166 | $2M | 0.1% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd new | 216,111 | $2M | 0.1% | 2026-Q2 |
| Aventail Capital Group, LP trimmed | 211,472 | $2M | 0.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC new | 211,002 | $2M | 0.1% | 2026-Q2 |
| ANTIPODES PARTNERS Ltd added | 209,485 | $2M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 208,262 | $2M | 0.1% | 2026-Q2 |
| Sequoia Financial Advisors, LLC new | 201,456 | $2M | 0.1% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 200,228 | $2M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 186,612 | $2M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ new | 185,426 | $2M | 0.1% | 2026-Q2 |
| Tidal Investments LLC added | 173,114 | $2M | 0.1% | 2026-Q2 |
| CenterBook Partners LP new | 171,251 | $2M | 0.1% | 2026-Q2 |
| NOMURA HOLDINGS INC added | 165,429 | $2M | 0.1% | 2026-Q2 |
| Caption Management, LLC new | 162,500 | $1M | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 151,995 | $1M | 0.1% | 2026-Q2 |
| IMC-Chicago, LLC new | 151,607 | $1M | 0.1% | 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.