Who owns FSM
Which tracked institutional funds hold FSM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FSM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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
37 tracked funds added or opened FSM while 82 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
FSM’s largest tracked holder by dollar value, VAN ECK ASSOCIATES CORP, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FSM 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 231 tracked filers holding FSM, 115 increased or opened the position and 133 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 FSM 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 9
- NORGES BANK$34M
- Extract Advisors LLC$5M
- Caisse de depot et placement du Quebec$3M
- GABELLI FUNDS LLC$3M
- WOLVERINE ASSET MANAGEMENT LLC$2M
- Boston Partners$1M
Full exits 18
- ACADIAN ASSET MANAGEMENT LLC$119M
- Euro Pacific Asset Management, LLC$44M
- Amundi$31M
- GLOBAL STRATEGIC MANAGEMENT INC$10M
- CHASE INVESTMENT COUNSEL CORP$4M
- Grantham, Mayo, Van Otterloo & Co. LLC$3M
Largest adds
- DAVENPORT & Co LLC$14M
- PICTON MAHONEY ASSET MANAGEMENT$12M
- Point72 Asset Management, L.P.$9M
- BARCLAYS PLC$7M
- MILLENNIUM MANAGEMENT LLC$6M
- CAUSEWAY CAPITAL MANAGEMENT LLC$5M
Largest trims
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$93M
- Tidal Investments LLC$63M
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$45M
- VAN ECK ASSOCIATES CORP$30M
- MORGAN STANLEY$17M
- DIMENSIONAL FUND ADVISORS LP$16M
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 |
|---|---|---|---|---|
| VAN ECK ASSOCIATES CORP added | 20,986,066 | $177M | 12.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 15,035,452 | $127M | 8.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 10,562,217 | $89M | 6.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 8,839,150 | $75M | 5.1% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 8,530,023 | $72M | 4.9% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 7,976,417 | $67M | 4.6% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 6,564,537 | $55M | 3.8% | 2026-Q2 |
| MORGAN STANLEY trimmed | 5,286,739 | $45M | 3.1% | 2026-Q2 |
| BARCLAYS PLC added | 5,274,406 | $45M | 3.0% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 5,241,620 | $44M | 3.0% | 2026-Q2 |
| NORGES BANK new | 4,040,366 | $34M | 2.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 3,820,677 | $32M | 2.2% | 2026-Q2 |
| Invesco Ltd. trimmed | 3,566,459 | $30M | 2.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 3,336,789 | $28M | 1.9% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 2,980,532 | $25M | 1.7% | 2026-Q2 |
| TORONTO DOMINION BANK trimmed | 2,797,941 | $24M | 1.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 2,662,575 | $23M | 1.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 2,595,169 | $22M | 1.5% | 2026-Q2 |
| Nuveen, LLC added | 2,482,269 | $21M | 1.4% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 2,170,081 | $18M | 1.3% | 2026-Q2 |
| CAUSEWAY CAPITAL MANAGEMENT LLC added | 2,086,645 | $18M | 1.2% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 1,953,393 | $17M | 1.1% | 2026-Q2 |
| TD Asset Management Inc trimmed | 1,722,577 | $15M | 1.0% | 2026-Q2 |
| DAVENPORT & Co LLC added | 1,688,760 | $14M | 1.0% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 1,643,665 | $14M | 0.9% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main trimmed | 1,530,000 | $13M | 0.9% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 1,411,264 | $12M | 0.8% | 2026-Q2 |
| JUPITER ASSET MANAGEMENT LTD added | 1,307,221 | $11M | 0.8% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 1,278,719 | $11M | 0.7% | 2026-Q2 |
| Sicart Associates LLC added | 1,172,808 | $10M | 0.7% | 2026-Q2 |
| Groupe la Francaise added | 1,130,000 | $10M | 0.7% | 2026-Q2 |
| Trexquant Investment LP trimmed | 1,116,323 | $9M | 0.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,110,477 | $13M | 0.9% | 2026-Q2 |
| Hillsdale Investment Management Inc. trimmed | 1,096,125 | $9M | 0.6% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 1,039,845 | $9M | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,020,621 | $9M | 0.6% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 1,010,596 | $9M | 0.6% | 2026-Q2 |
| Man Group plc added | 973,952 | $8M | 0.6% | 2026-Q2 |
| Legal & General Group Plc trimmed | 969,298 | $8M | 0.6% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 919,400 | $8M | 0.5% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 866,067 | $7M | 0.5% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 837,310 | $7M | 0.5% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 822,612 | $7M | 0.5% | 2026-Q2 |
| U S GLOBAL INVESTORS INC added | 743,591 | $6M | 0.4% | 2026-Q2 |
| Gotham Asset Management, LLC added | 725,655 | $6M | 0.4% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 716,713 | $6M | 0.4% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 702,066 | $6M | 0.4% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 672,498 | $6M | 0.4% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. trimmed | 633,696 | $5M | 0.4% | 2026-Q2 |
| Swiss National Bank added | 615,630 | $5M | 0.4% | 2026-Q2 |
| Extract Advisors LLC new | 575,000 | $5M | 0.3% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 562,822 | $5M | 0.3% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 543,474 | $7M | 0.4% | 2026-Q2 |
| UBS Group AG added | 533,005 | $5M | 0.3% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 518,809 | $4M | 0.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 456,837 | $4M | 0.3% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 451,102 | $4M | 0.3% | 2026-Q2 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC | 436,540 | $4M | 0.3% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 433,379 | $4M | 0.3% | 2026-Q2 |
| Pine Valley Investments Ltd Liability Co added | 408,858 | $3M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 403,454 | $3M | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 403,205 | $3M | 0.2% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 400,914 | $3M | 0.2% | 2026-Q2 |
| PCJ Investment Counsel Ltd. added | 391,330 | $3M | 0.2% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 375,277 | $3M | 0.2% | 2026-Q2 |
| CIBC Asset Management Inc added | 342,995 | $3M | 0.2% | 2026-Q2 |
| Tidal Investments LLC trimmed | 339,933 | $3M | 0.2% | 2026-Q2 |
| Engineers Gate Manager LP added | 330,415 | $3M | 0.2% | 2026-Q2 |
| SPROTT INC. added | 316,718 | $3M | 0.2% | 2026-Q2 |
| Caisse de depot et placement du Quebec new | 303,182 | $3M | 0.2% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd trimmed | 300,037 | $3M | 0.2% | 2026-Q2 |
| GABELLI FUNDS LLC new | 300,000 | $3M | 0.2% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 295,805 | $3M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 286,101 | $2M | 0.2% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 281,359 | $2M | 0.2% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 272,182 | $2M | 0.2% | 2026-Q2 |
| Vident Advisory, LLC added | 261,143 | $2M | 0.2% | 2026-Q2 |
| De Lisle Partners LLP | 230,349 | $2M | 0.1% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT added | 225,458 | $2M | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 204,644 | $2M | 0.1% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC new | 204,123 | $2M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 192,127 | $2M | 0.1% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 192,116 | $2M | 0.1% | 2026-Q2 |
| Allianz Asset Management GmbH trimmed | 183,489 | $2M | 0.1% | 2026-Q2 |
| Numerai GP LLC added | 169,986 | $1M | 0.1% | 2026-Q2 |
| Boston Partners new | 165,449 | $1M | 0.1% | 2026-Q2 |
| INTACT INVESTMENT MANAGEMENT INC. added | 154,400 | $1M | 0.1% | 2026-Q2 |
| Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. added | 151,500 | $1M | 0.1% | 2026-Q2 |
| PKO Investment Management Joint-Stock Co | 151,438 | $1M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 144,481 | $1M | 0.1% | 2026-Q2 |
| CastleKnight Management LP | 135,300 | $1M | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 135,027 | $1M | 0.1% | 2026-Q2 |
| ABBINGTON INVESTMENT GROUP trimmed | 127,627 | $1M | 0.1% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 125,666 | $1M | 0.1% | 2026-Q2 |
| KLEIN PAVLIS & PEASLEY FINANCIAL, INC. added | 123,888 | $1M | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 119,552 | $1M | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 115,811 | $979K | 0.1% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey added | 115,588 | $977K | 0.1% | 2026-Q2 |
| HOLLENCREST CAPITAL MANAGEMENT | 114,100 | $964K | 0.1% | 2026-Q2 |
| Public Sector Pension Investment Board | 113,831 | $961K | 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.