Who owns FSSL
Which tracked institutional funds hold FSSL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FSSL 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
24 tracked funds added or opened FSSL while 32 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
FSSL’s largest tracked holder by dollar value, NOMURA HOLDINGS INC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FSSL 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 245 tracked filers holding FSSL, 124 increased or opened the position and 125 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 FSSL 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 6
- Clear Street Group Inc.$2M
- Noble Wealth Management PBC$2M
- Saba Capital Management, L.P.$1M
- BANK OF AMERICA CORP /DE/$685K
- Apollon Wealth Management, LLC$571K
- Farther Finance Advisors, LLC$511K
Full exits 9
- SIT INVESTMENT ASSOCIATES INC$30M
- Penserra Capital Management LLC$16M
- Cambridge Investment Research Advisors, Inc.$8M
- COHEN & STEERS, INC.$3M
- CWM, LLC$1M
- HighTower Advisors, LLC$1M
Largest adds
- NOMURA HOLDINGS INC$8M
- North Ground Capital$6M
- Pathstone Holdings, LLC$5M
- CITADEL ADVISORS LLC$3M
- Almitas Capital LLC$3M
- MORGAN STANLEY$3M
Largest trims
- COMMONWEALTH EQUITY SERVICES, LLC$4M
- Thomas J. Herzfeld Advisors, Inc.$3M
- OAK HILL ADVISORS LP$3M
- Cetera Investment Advisers$1M
- Kestra Advisory Services, LLC$1M
- GCM Grosvenor Holdings, LLC$1M
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 |
|---|---|---|---|---|
| NOMURA HOLDINGS INC added | 3,719,086 | $41M | 12.5% | 2026-Q2 |
| Thomas J. Herzfeld Advisors, Inc. added | 2,900,663 | $32M | 9.7% | 2026-Q2 |
| OAK HILL ADVISORS LP added | 2,872,108 | $32M | 9.6% | 2026-Q2 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC added | 2,800,048 | $31M | 9.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,698,203 | $19M | 5.7% | 2026-Q2 |
| GCM Grosvenor Holdings, LLC added | 1,501,875 | $17M | 5.0% | 2026-Q2 |
| Pathstone Holdings, LLC added | 1,349,894 | $15M | 4.5% | 2026-Q2 |
| MORGAN STANLEY added | 1,283,267 | $14M | 4.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 851,272 | $9M | 2.9% | 2026-Q2 |
| North Ground Capital added | 817,600 | $9M | 2.7% | 2026-Q2 |
| TORONTO DOMINION BANK added | 700,000 | $8M | 2.3% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 585,015 | $7M | 2.0% | 2026-Q2 |
| LPL Financial LLC trimmed | 576,794 | $6M | 1.9% | 2026-Q2 |
| Almitas Capital LLC added | 537,295 | $6M | 1.8% | 2026-Q2 |
| Matisse Capital added | 519,000 | $6M | 1.7% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 497,982 | $6M | 1.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 428,858 | $5M | 1.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 327,457 | $4M | 1.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 317,556 | $4M | 1.1% | 2026-Q2 |
| BlackRock, Inc. trimmed | 287,717 | $3M | 1.0% | 2026-Q2 |
| Advisors Asset Management, Inc. added | 267,262 | $3M | 0.9% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 212,854 | $2M | 0.7% | 2026-Q2 |
| CHOREO, LLC added | 211,125 | $2M | 0.7% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 209,499 | $2M | 0.7% | 2026-Q2 |
| Clear Street Group Inc. new | 179,430 | $2M | 0.6% | 2026-Q2 |
| Closed-End Fund Advisors, Inc. added | 170,332 | $2M | 0.6% | 2026-Q2 |
| Noble Wealth Management PBC new | 166,003 | $2M | 0.6% | 2026-Q2 |
| RIVERBRIDGE PARTNERS LLC added | 159,597 | $2M | 0.5% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 148,911 | $2M | 0.5% | 2026-Q2 |
| Saba Capital Management, L.P. new | 128,092 | $1M | 0.4% | 2026-Q2 |
| COFG Advisors, LLC trimmed | 124,905 | $1M | 0.4% | 2026-Q2 |
| XTX Topco Ltd added | 115,553 | $1M | 0.4% | 2026-Q2 |
| Kovack Advisors, Inc. added | 112,241 | $1M | 0.4% | 2026-Q2 |
| CERTIOR FINANCIAL GROUP, LLC trimmed | 107,241 | $1M | 0.4% | 2026-Q2 |
| TrueMark Investments, LLC added | 99,075 | $1M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 95,878 | $1M | 0.3% | 2026-Q2 |
| Ellis Investment Partners, LLC trimmed | 93,988 | $1M | 0.3% | 2026-Q2 |
| WEST MICHIGAN ADVISORS, LLC trimmed | 87,121 | $971K | 0.3% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC trimmed | 83,901 | $935K | 0.3% | 2026-Q2 |
| Mariner, LLC trimmed | 76,737 | $856K | 0.3% | 2026-Q2 |
| Cerity Partners LLC added | 76,304 | $851K | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 74,303 | $830K | 0.2% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 74,255 | $828K | 0.2% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 71,566 | $798K | 0.2% | 2026-Q2 |
| Merit Financial Group, LLC added | 64,598 | $720K | 0.2% | 2026-Q2 |
| Huntleigh Advisors, Inc. trimmed | 64,207 | $716K | 0.2% | 2026-Q2 |
| JB Capital LLC trimmed | 64,040 | $714K | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 62,706 | $699K | 0.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 61,459 | $685K | 0.2% | 2026-Q2 |
| SUMMIT WEALTH GROUP LLC / CO added | 57,396 | $640K | 0.2% | 2026-Q2 |
| Arete Wealth Advisors, LLC trimmed | 55,899 | $623K | 0.2% | 2026-Q2 |
| ROBINSON CAPITAL MANAGEMENT, LLC | 53,416 | $596K | 0.2% | 2026-Q2 |
| PFG Investments, LLC trimmed | 52,452 | $585K | 0.2% | 2026-Q2 |
| Apollon Wealth Management, LLC added | 51,194 | $571K | 0.2% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 51,083 | $570K | 0.2% | 2026-Q2 |
| Blackstone Inc. added | 50,363 | $562K | 0.2% | 2026-Q2 |
| Plancorp, LLC added | 49,637 | $542K | 0.2% | 2026-Q2 |
| Inscription Capital, LLC trimmed | 47,250 | $527K | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC new | 45,849 | $511K | 0.2% | 2026-Q2 |
| UBS Group AG added | 44,674 | $498K | 0.1% | 2026-Q2 |
| Creative Planning trimmed | 42,706 | $476K | 0.1% | 2026-Q2 |
| Diversify Advisory Services, LLC new | 42,242 | $466K | 0.1% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC added | 42,242 | $466K | 0.1% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. trimmed | 41,706 | $465K | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC trimmed | 39,958 | $446K | 0.1% | 2026-Q2 |
| Summit Trail Advisors, LLC new | 37,781 | $421K | 0.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 37,528 | $418K | 0.1% | 2026-Q2 |
| Maridea Wealth Management LLC new | 36,856 | $411K | 0.1% | 2026-Q2 |
| Intrua Financial, LLC trimmed | 35,689 | $398K | 0.1% | 2026-Q2 |
| Arkadios Wealth Advisors new | 33,723 | $376K | 0.1% | 2026-Q2 |
| Lido Advisors, LLC added | 33,322 | $372K | 0.1% | 2026-Q2 |
| Trivium Point Advisory, LLC | 33,202 | $370K | 0.1% | 2026-Q2 |
| Soltis Investment Advisors LLC added | 33,129 | $369K | 0.1% | 2026-Q2 |
| &PARTNERS trimmed | 32,865 | $357K | 0.1% | 2026-Q2 |
| Seven Springs Wealth Group, LLC | 32,794 | $366K | 0.1% | 2026-Q2 |
| IFG Advisory, LLC added | 32,696 | $365K | 0.1% | 2026-Q2 |
| CSS LLC/IL added | 31,700 | $353K | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 31,266 | $349K | 0.1% | 2026-Q2 |
| AE Wealth Management LLC added | 30,538 | $340K | 0.1% | 2026-Q2 |
| IHT Wealth Management, LLC trimmed | 30,210 | $337K | 0.1% | 2026-Q2 |
| Advisor Resource Council | 29,784 | $332K | 0.1% | 2026-Q2 |
| Foundations Investment Advisors, LLC trimmed | 29,725 | $331K | 0.1% | 2026-Q2 |
| Alpine Global Management, LLC trimmed | 29,178 | $325K | 0.1% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 28,791 | $321K | 0.1% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC | 28,294 | $315K | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC added | 28,157 | $314K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 27,907 | $311K | 0.1% | 2026-Q2 |
| Stratos Wealth Partners, LTD. trimmed | 26,594 | $297K | 0.1% | 2026-Q2 |
| Csenge Advisory Group added | 25,881 | $289K | 0.1% | 2026-Q2 |
| Financial Gravity Companies, Inc. new | 25,847 | $288K | 0.1% | 2026-Q2 |
| Dakota Wealth Management trimmed | 25,338 | $283K | 0.1% | 2026-Q2 |
| Empower Advisory Group, LLC trimmed | 24,272 | $271K | 0.1% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 24,174 | $270K | 0.1% | 2026-Q2 |
| BOS Asset Management, LLC | 23,648 | $264K | 0.1% | 2026-Q2 |
| Hopwood Nicholas Hunter added | 23,537 | $262K | 0.1% | 2026-Q2 |
| Financial Partners Group, Inc added | 23,043 | $257K | 0.1% | 2026-Q2 |
| Concurrent Investment Advisors, LLC new | 23,034 | $257K | 0.1% | 2026-Q2 |
| Bleakley Financial Group, LLC trimmed | 21,535 | $240K | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS | 20,555 | $229K | 0.1% | 2026-Q2 |
| Almanack Investment Partners, LLC. new | 20,121 | $224K | 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.