Who owns FSV (FSV)
Which tracked institutional funds hold FSV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FSV 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
58 tracked funds added or opened FSV while 114 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
FSV’s largest tracked holder by dollar value, Orbis Allan Gray Ltd, sizes it at 2.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FSV 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 297 tracked filers holding FSV, 160 increased or opened the position and 145 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 FSV 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 14
- VANGUARD CAPITAL MANAGEMENT LLC$166M
- VANGUARD FIDUCIARY TRUST CO$50M
- Vanguard Global Advisers, LLC$45M
- SEB Asset Management AB$31M
- VANGUARD ASSET MANAGEMENT, Ltd$10M
- CONGRESS ASSET MANAGEMENT CO$6M
Full exits 20
- VANGUARD GROUP INC$291M
- Durable Capital Partners LP$68M
- PRICE T ROWE ASSOCIATES INC /MD/$59M
- Skandinaviska Enskilda Banken AB (publ)$40M
- Connor, Clark & Lunn Investment Management Ltd.$29M
- Andra AP-fonden$7M
Largest adds
- Orbis Allan Gray Ltd$243M
- CIBC Asset Management Inc$50M
- AMERICAN CENTURY COMPANIES INC$14M
- Conestoga Capital Advisors, LLC$13M
- GENEVA CAPITAL MANAGEMENT LLC$9M
- ENVESTNET ASSET MANAGEMENT INC$8M
Largest trims
- MANUFACTURERS LIFE INSURANCE COMPANY, THE$166M
- MACKENZIE FINANCIAL CORP$74M
- FRANKLIN RESOURCES INC$54M
- ACADIAN ASSET MANAGEMENT LLC$51M
- FIL Ltd$32M
- WELLINGTON MANAGEMENT GROUP LLP$32M
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 |
|---|---|---|---|---|
| Orbis Allan Gray Ltd added | 3,968,227 | $551M | 11.3% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 1,913,406 | $266M | 5.5% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 1,587,454 | $221M | 4.5% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 1,471,292 | $205M | 4.2% | 2026-Q1 |
| Conestoga Capital Advisors, LLC added | 1,405,564 | $195M | 4.0% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 1,198,873 | $167M | 3.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,196,448 | $166M | 3.4% | 2026-Q1 |
| CIBC Asset Management Inc added | 721,874 | $100M | 2.1% | 2026-Q1 |
| NORGES BANK trimmed | 544,490 | $90M | 1.9% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 591,715 | $89M | 1.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 611,553 | $85M | 1.7% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 593,327 | $82M | 1.7% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 578,411 | $80M | 1.6% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 573,421 | $80M | 1.6% | 2026-Q1 |
| GENEVA CAPITAL MANAGEMENT LLC added | 527,572 | $73M | 1.5% | 2026-Q1 |
| BCV Asset Management Inc. added | 504,115 | $70M | 1.4% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 490,440 | $68M | 1.4% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 477,450 | $66M | 1.4% | 2026-Q1 |
| TD Asset Management Inc added | 476,267 | $66M | 1.4% | 2026-Q1 |
| CIBC WORLD MARKET INC. trimmed | 459,286 | $64M | 1.3% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 456,642 | $63M | 1.3% | 2026-Q1 |
| 1832 Asset Management L.P. trimmed | 418,046 | $58M | 1.2% | 2026-Q1 |
| BROWN ADVISORY INC added | 399,181 | $55M | 1.1% | 2026-Q1 |
| FIL Ltd trimmed | 386,599 | $54M | 1.1% | 2026-Q1 |
| Copeland Capital Management, LLC added | 368,543 | $51M | 1.1% | 2026-Q1 |
| FRED ALGER MANAGEMENT, LLC trimmed | 366,514 | $51M | 1.0% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 360,511 | $50M | 1.0% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 321,072 | $45M | 0.9% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 299,631 | $42M | 0.9% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 298,476 | $41M | 0.8% | 2026-Q1 |
| Clearbridge Investments, LLC added | 289,852 | $40M | 0.8% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 277,225 | $39M | 0.8% | 2026-Q1 |
| MONTRUSCO BOLTON INVESTMENTS INC. added | 263,488 | $37M | 0.8% | 2026-Q1 |
| Legal & General Group Plc trimmed | 262,641 | $36M | 0.7% | 2026-Q1 |
| Lionstone Capital Management LLC added | 261,955 | $36M | 0.7% | 2026-Q1 |
| Baskin Financial Services Inc. trimmed | 250,301 | $35M | 0.7% | 2026-Q1 |
| PICTON MAHONEY ASSET MANAGEMENT trimmed | 244,183 | $34M | 0.7% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 241,009 | $33M | 0.7% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 240,316 | $33M | 0.7% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 239,515 | $33M | 0.7% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD | 234,040 | $33M | 0.7% | 2026-Q1 |
| SEB Asset Management AB new | 226,848 | $31M | 0.6% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 199,529 | $27M | 0.6% | 2026-Q1 |
| BESSEMER GROUP INC added | 191,970 | $27M | 0.5% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 130,662 | $25M | 0.5% | 2026-Q1 |
| LOOMIS SAYLES & CO L P added | 175,255 | $24M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 173,688 | $24M | 0.5% | 2026-Q1 |
| JACOBSON & SCHMITT ADVISORS, LLC added | 147,930 | $21M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 147,755 | $21M | 0.4% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL added | 146,314 | $20M | 0.4% | 2026-Q1 |
| Fenimore Asset Management Inc trimmed | 144,177 | $20M | 0.4% | 2026-Q1 |
| Fiera Capital Corp trimmed | 139,175 | $19M | 0.4% | 2026-Q1 |
| Swiss National Bank added | 138,500 | $19M | 0.4% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 129,520 | $18M | 0.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 129,364 | $18M | 0.4% | 2026-Q1 |
| AltraVue Capital, LLC added | 126,255 | $18M | 0.4% | 2026-Q1 |
| BANK OF NOVA SCOTIA trimmed | 119,710 | $17M | 0.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 105,316 | $15M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board added | 103,038 | $14M | 0.3% | 2026-Q1 |
| TORONTO DOMINION BANK trimmed | 98,547 | $14M | 0.3% | 2026-Q1 |
| UBS Group AG trimmed | 96,118 | $13M | 0.3% | 2026-Q1 |
| Summit Creek Advisors LLC trimmed | 93,072 | $13M | 0.3% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 87,258 | $12M | 0.2% | 2026-Q1 |
| NICOLA WEALTH MANAGEMENT LTD. added | 86,090 | $12M | 0.2% | 2026-Q1 |
| Amundi added | 78,650 | $11M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 74,025 | $10M | 0.2% | 2026-Q1 |
| LINCLUDEN MANAGEMENT LTD added | 64,666 | $9M | 0.2% | 2026-Q1 |
| OSTERWEIS CAPITAL MANAGEMENT INC trimmed | 64,884 | $9M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 64,509 | $9M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 63,704 | $9M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 63,388 | $9M | 0.2% | 2026-Q1 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 61,037 | $8M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 57,420 | $8M | 0.2% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 56,061 | $8M | 0.2% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 58,353 | $8M | 0.2% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 55,160 | $8M | 0.2% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 55,121 | $8M | 0.2% | 2026-Q1 |
| Grafton Street Partners Management Company, LLC | 51,347 | $7M | 0.1% | 2026-Q1 |
| ARGENT CAPITAL MANAGEMENT LLC added | 50,787 | $7M | 0.1% | 2026-Q1 |
| THIRD AVENUE MANAGEMENT LLC added | 50,452 | $7M | 0.1% | 2026-Q1 |
| Invesco Ltd. added | 49,471 | $7M | 0.1% | 2026-Q1 |
| Catawba River Capital added | 49,528 | $7M | 0.1% | 2026-Q1 |
| BlackRock, Inc. trimmed | 47,832 | $7M | 0.1% | 2026-Q1 |
| KING LUTHER CAPITAL MANAGEMENT CORP added | 45,156 | $6M | 0.1% | 2026-Q1 |
| CONGRESS ASSET MANAGEMENT CO added | 43,743 | $6M | 0.1% | 2026-Q1 |
| SCOTIA CAPITAL INC. trimmed | 42,564 | $6M | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP added | 42,451 | $6M | 0.1% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 40,138 | $6M | 0.1% | 2026-Q1 |
| Langdon Equity Partners added | 40,000 | $6M | 0.1% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 37,675 | $5M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 1,870,597 | $291M | 6.0% | 2025-Q4 stale |
| Durable Capital Partners LP trimmed | 436,598 | $68M | 1.4% | 2025-Q4 stale |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 382,075 | $59M | 1.2% | 2025-Q4 stale |
| Skandinaviska Enskilda Banken AB (publ) added | 185,316 | $40M | 0.8% | 2025-Q4 stale |
| Focus Partners Wealth added | 176,141 | $29M | 0.6% | 2025-Q1 stale |
| Connor, Clark & Lunn Investment Management Ltd. added | 184,795 | $29M | 0.6% | 2025-Q4 stale |
| HSBC HOLDINGS PLC trimmed | 55,985 | $11M | 0.2% | 2025-Q3 stale |
| Hillsdale Investment Management Inc. trimmed | 52,250 | $10M | 0.2% | 2025-Q3 stale |
| Andra AP-fonden trimmed | 32,600 | $7M | 0.1% | 2025-Q4 stale |
| T. Rowe Price Investment Management, Inc. trimmed | 34,712 | $5M | 0.1% | 2025-Q4 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.