Skip to main content Skip to main content
Institutional Ownership · SEC Form 13F

Who owns FSMD (FSMD)


Which tracked institutional funds hold FSMD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FSMD 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.

171
Institutional holders
42,490,778
Shares held (tracked funds)

How the tape is positioned

41 tracked funds added or opened FSMD while 18 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

FSMD’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes FSMD more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in FSMD 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 171 tracked filers holding FSMD, 116 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 FSMD 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

  • Independent Advisor Alliance$6M
  • GOLDMAN SACHS GROUP INC$3M
  • DIVERSIFY WEALTH MANAGEMENT, LLC$680K

Full exits 4

  • JANE STREET GROUP, LLC$3M
  • J.W. COLE ADVISORS, INC.$2M
  • New Millennium Group LLC$2M
  • Diversify Advisory Services, LLC$658K

Largest adds

  • Retirement Planning Group, LLC$54M
  • FMR LLC$40M
  • Sanctuary Advisors, LLC$19M
  • Atria Investments, Inc$17M
  • COMMONWEALTH EQUITY SERVICES, LLC$13M
  • STIFEL FINANCIAL CORP$12M

Largest trims

  • NOVEM GROUP$6M
  • OSAIC HOLDINGS, INC.$4M
  • Cambridge Investment Research Advisors, Inc.$3M
  • Smartleaf Asset Management LLC$3M
  • Golden State Wealth Management, LLC$1M
  • CITADEL ADVISORS LLC$1M

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).

FundSharesReported value% of valueQuarter
FMR LLC added16,864,062$754M39.1%2026-Q1
Retirement Planning Group, LLC added5,165,395$231M12.0%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added3,300,116$148M7.7%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added2,108,768$94M4.9%2026-Q1
BANK OF AMERICA CORP /DE/ added1,277,438$57M3.0%2026-Q1
Kestra Investment Management, LLC trimmed1,230,588$55M2.9%2026-Q1
LPL Financial LLC added1,218,653$54M2.8%2026-Q1
Sanctuary Advisors, LLC added841,578$38M2.0%2026-Q1
STIFEL FINANCIAL CORP added774,628$35M1.8%2026-Q1
Atria Investments, Inc added758,543$34M1.8%2026-Q1
Cetera Investment Advisers trimmed581,286$26M1.3%2026-Q1
Advocacy Wealth Management, LLC added568,950$25M1.3%2026-Q1
Kestra Advisory Services, LLC added558,311$25M1.3%2026-Q1
RAYMOND JAMES FINANCIAL INC added434,130$19M1.0%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added414,021$19M1.0%2026-Q1
OneDigital Investment Advisors LLC added409,665$18M1.0%2026-Q1
Goldstone Financial Group, LLC added357,873$16M0.8%2026-Q1
LIBERTY SQUARE WEALTH PARTNERS LLC added317,635$14M0.7%2026-Q1
GEN Financial Management, INC. added303,411$14M0.7%2026-Q1
OSAIC HOLDINGS, INC. trimmed284,471$13M0.7%2026-Q1
AssuredPartners Investment Advisors, LLC added247,373$11M0.6%2026-Q1
Presper Financial Architects, LLC added246,864$11M0.6%2026-Q1
Steward Partners Investment Advisory, LLC trimmed202,783$9M0.5%2026-Q1
Farther Finance Advisors, LLC added195,691$9M0.5%2026-Q1
Prasad Wealth Partners, LLC added197,268$9M0.5%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed177,269$8M0.4%2026-Q1
Provident Wealth Management, LLC trimmed164,649$7M0.4%2026-Q1
Bravera Wealth added150,384$7M0.3%2026-Q1
Advisory Services Network, LLC added150,230$7M0.3%2026-Q1
MML INVESTORS SERVICES, LLC trimmed143,391$6M0.3%2026-Q1
TWO SIGMA INVESTMENTS, LP added137,700$6M0.3%2026-Q1
FSA WEALTH PARTNERS, INC. added128,779$6M0.3%2026-Q1
Evergreen Private Wealth LLC trimmed125,215$6M0.3%2026-Q1
Independent Advisor Alliance added123,592$6M0.3%2026-Q1
Sterling Manor Financial, LLC trimmed105,784$5M0.2%2026-Q1
Laurel Wealth Planning LLC added92,930$4M0.2%2026-Q1
Fortitude Financial, LLC trimmed87,852$4M0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed84,575$4M0.2%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC added81,993$4M0.2%2026-Q1
Van Hulzen Asset Management, LLC added80,714$4M0.2%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed65,238$3M0.2%2026-Q1
Trademark Financial Management, LLC added63,303$3M0.1%2026-Q1
GOLDMAN SACHS GROUP INC trimmed62,583$3M0.1%2026-Q1
NOVEM GROUP trimmed58,208$3M0.1%2026-Q1
ROYAL BANK OF CANADA added57,799$3M0.1%2026-Q1
Emerald Advisors, LLC added56,763$3M0.1%2026-Q1
AE Wealth Management LLC added52,536$2M0.1%2026-Q1
&PARTNERS added50,563$2M0.1%2026-Q1
Faithward Advisors, LLC added39,390$2M0.1%2026-Q1
Kuhn & Co Investment Counsel added38,916$2M0.1%2026-Q1
Wealthcare Advisory Partners LLC added38,654$2M0.1%2026-Q1
Rockefeller Capital Management L.P. added37,160$2M0.1%2026-Q1
CITADEL ADVISORS LLC trimmed36,972$2M0.1%2026-Q1
AMERIPRISE FINANCIAL INC trimmed35,080$2M0.1%2026-Q1
GREAT VALLEY ADVISOR GROUP, INC. trimmed33,635$2M0.1%2026-Q1
Strategic Blueprint, LLC trimmed33,603$2M0.1%2026-Q1
IFP Advisors, Inc added33,520$1M0.1%2026-Q1
MONEY CONCEPTS CAPITAL CORP added31,926$1M0.1%2026-Q1
HICKS CAPITAL MANAGEMENT LLC added30,409$1M0.1%2026-Q1
Riverbend Wealth Management, LLC added29,727$1M0.1%2026-Q1
Nova Wealth Management, Inc. added29,203$1M0.1%2026-Q1
Equitable Holdings, Inc. trimmed29,579$1M0.1%2026-Q1
INDEPENDENT FINANCIAL GROUP, LLC added29,133$1M0.1%2026-Q1
Global Financial Private Client, LLC added29,090$1M0.1%2026-Q1
Mascagni Wealth Management, Inc. added27,827$1M0.1%2026-Q1
Visionary Wealth Advisors trimmed27,126$1M0.1%2026-Q1
Hilltop Holdings Inc. trimmed26,659$1M0.1%2026-Q1
Concurrent Investment Advisors, LLC added25,434$1M0.1%2026-Q1
SHP Wealth Management added24,902$1M0.1%2026-Q1
Spire Wealth Management added24,543$1M0.1%2026-Q1
JPMORGAN CHASE & CO added23,453$1M0.1%2026-Q1
Roxbury Financial LLC added22,390$1M0.1%2026-Q1
BG Investment Services, LLC added21,548$964K0.0%2026-Q1
Golden State Wealth Management, LLC trimmed19,629$878K0.0%2026-Q1
Merit Financial Group, LLC added19,297$863K0.0%2026-Q1
Envestnet Portfolio Solutions, Inc. added18,211$814K0.0%2026-Q1
Rehmann Capital Advisory Group16,961$758K0.0%2026-Q1
Focus Financial Network, Inc. added16,832$753K0.0%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added16,057$718K0.0%2026-Q1
Private Advisor Group, LLC added15,717$703K0.0%2026-Q1
Creative Planning added15,354$687K0.0%2026-Q1
DIVERSIFY WEALTH MANAGEMENT, LLC new14,172$680K0.0%2026-Q1
Cedar Point Capital Partners, LLC trimmed14,996$671K0.0%2026-Q1
Breakwater Capital Group trimmed14,549$651K0.0%2026-Q1
Summit Financial Wealth Advisors, LLC added13,471$602K0.0%2026-Q1
Stratos Wealth Partners, LTD. added13,112$586K0.0%2026-Q1
Capital Analysts, LLC added12,335$552K0.0%2026-Q1
SWEENEY & MICHEL, LLC added11,497$549K0.0%2026-Q1
Parcion Private Wealth LLC trimmed349,831$14M0.7%2025-Q1 stale
Systelligence, LLC trimmed258,345$11M0.6%2025-Q3 stale
Thrivent Financial for Lutherans new79,565$4M0.2%2025-Q3 stale
JANE STREET GROUP, LLC added76,931$3M0.2%2025-Q4 stale
AVANTAX ADVISORY SERVICES, INC. added54,221$2M0.1%2025-Q2 stale
Per Stirling Capital Management, LLC. new48,056$2M0.1%2025-Q1 stale
J.W. COLE ADVISORS, INC. added42,333$2M0.1%2025-Q4 stale
New Millennium Group LLC trimmed37,536$2M0.1%2025-Q4 stale
Fifth Third Securities, Inc. trimmed19,112$748K0.0%2025-Q1 stale
MONTAG & CALDWELL, LLC added16,819$697K0.0%2025-Q2 stale
Diversify Advisory Services, LLC added14,207$658K0.0%2025-Q4 stale
Atria Wealth Solutions, Inc. added13,197$547K0.0%2025-Q2 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.

HoldersTotal shares

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.

Learn how to read institutional ownership