Who owns FV
Which tracked institutional funds hold FV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FV company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 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 FV is one-sided between 2026-Q1 and 2026-Q2: 122 added or opened and 24 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
FV’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes FV more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FV 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 339 tracked filers holding FV, 133 increased or opened the position and 163 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 FV 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 7
- Global Retirement Partners, LLC$5M
- IFG Advisory, LLC$3M
- EWA, LLC$1M
- Global Assets Advisory, LLC$1M
- Beacon Pointe Advisors, LLC$896K
- XTX Topco Ltd$660K
Full exits 11
- Cambridge Investment Research Advisors, Inc.$32M
- CWM, LLC$14M
- Independent Advisor Alliance$14M
- HighTower Advisors, LLC$8M
- Integrated Wealth Concepts LLC$7M
- WEDBUSH SECURITIES INC$2M
Largest adds
- MORGAN STANLEY$81M
- LPL Financial LLC$63M
- &PARTNERS$33M
- NewEdge Advisors, LLC$24M
- RAYMOND JAMES FINANCIAL INC$21M
- COMMONWEALTH EQUITY SERVICES, LLC$21M
Largest trims
- WELLS FARGO & COMPANY/MN$11M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$6M
- AFFINITY WEALTH MANAGEMENT LLC$5M
- Gateway Wealth Partners, LLC$5M
- AssuredPartners Investment Advisors, LLC$3M
- CITADEL ADVISORS LLC$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 |
|---|---|---|---|---|
| MORGAN STANLEY trimmed | 5,527,840 | $419M | 18.2% | 2026-Q2 |
| LPL Financial LLC added | 3,298,431 | $250M | 10.9% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 2,428,631 | $184M | 8.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,746,363 | $133M | 5.7% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,695,696 | $129M | 5.6% | 2026-Q2 |
| UBS Group AG trimmed | 1,199,927 | $91M | 3.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,157,404 | $88M | 3.8% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 742,094 | $56M | 2.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 646,596 | $49M | 2.1% | 2026-Q2 |
| Proactive Wealth Strategies LLC trimmed | 604,871 | $46M | 2.0% | 2026-Q2 |
| Prospera Financial Services Inc trimmed | 596,001 | $45M | 2.0% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 568,217 | $43M | 1.9% | 2026-Q2 |
| NewEdge Advisors, LLC added | 552,680 | $42M | 1.8% | 2026-Q2 |
| &PARTNERS added | 517,054 | $37M | 1.6% | 2026-Q2 |
| SARD WEALTH MANAGEMENT GROUP, LLC added | 478,783 | $36M | 1.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 416,105 | $32M | 1.4% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 403,313 | $31M | 1.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 395,929 | $30M | 1.3% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 393,649 | $30M | 1.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 362,245 | $27M | 1.2% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 285,409 | $22M | 0.9% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 282,564 | $21M | 0.9% | 2026-Q2 |
| Madrona Financial Services, LLC added | 254,309 | $19M | 0.8% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 249,073 | $19M | 0.8% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 248,682 | $19M | 0.8% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 241,466 | $18M | 0.8% | 2026-Q2 |
| Frederick Financial Consultants, LLC added | 216,663 | $16M | 0.7% | 2026-Q2 |
| Strid Group, LLC trimmed | 187,639 | $14M | 0.6% | 2026-Q2 |
| Concentrum Wealth Management added | 177,615 | $13M | 0.6% | 2026-Q2 |
| Regal Investment Advisors LLC trimmed | 173,447 | $13M | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 159,482 | $12M | 0.5% | 2026-Q2 |
| Stratos Wealth Partners, LTD. trimmed | 149,627 | $11M | 0.5% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 148,626 | $11M | 0.5% | 2026-Q2 |
| AlphaCore Capital LLC added | 145,236 | $11M | 0.5% | 2026-Q2 |
| HFG Advisors, Inc. added | 144,740 | $11M | 0.5% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC trimmed | 129,312 | $10M | 0.4% | 2026-Q2 |
| MGO ONE SEVEN LLC trimmed | 120,655 | $9M | 0.4% | 2026-Q2 |
| Fusion Capital, LLC trimmed | 120,396 | $9M | 0.4% | 2026-Q2 |
| SkyOak Wealth, LLC trimmed | 105,819 | $8M | 0.3% | 2026-Q2 |
| Gateway Wealth Partners, LLC trimmed | 103,673 | $8M | 0.3% | 2026-Q2 |
| Valmark Advisers, Inc. added | 101,122 | $8M | 0.3% | 2026-Q2 |
| CITIGROUP INC trimmed | 99,688 | $8M | 0.3% | 2026-Q2 |
| IFP Advisors, Inc trimmed | 98,210 | $7M | 0.3% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 93,647 | $7M | 0.3% | 2026-Q2 |
| PFG Investments, LLC added | 92,939 | $7M | 0.3% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 84,352 | $6M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 84,050 | $6M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 75,921 | $6M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 74,572 | $6M | 0.2% | 2026-Q2 |
| ATWOOD & PALMER INC trimmed | 73,527 | $6M | 0.2% | 2026-Q2 |
| Waverly Advisors, LLC trimmed | 71,606 | $5M | 0.2% | 2026-Q2 |
| Merit Financial Group, LLC added | 70,622 | $5M | 0.2% | 2026-Q2 |
| US BANCORP \DE\ added | 68,451 | $5M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 62,931 | $5M | 0.2% | 2026-Q2 |
| Creative Planning trimmed | 62,352 | $5M | 0.2% | 2026-Q2 |
| Global Retirement Partners, LLC added | 61,133 | $5M | 0.2% | 2026-Q2 |
| Meridian Wealth Management, LLC | 60,956 | $5M | 0.2% | 2026-Q2 |
| Claro Advisors Inc. trimmed | 60,464 | $5M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 60,156 | $5M | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 59,829 | $5M | 0.2% | 2026-Q2 |
| DAYMARK WEALTH PARTNERS, LLC added | 59,502 | $5M | 0.2% | 2026-Q2 |
| Stablepoint Partners, LLC added | 58,863 | $4M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 55,419 | $4M | 0.2% | 2026-Q2 |
| Petix & Botte Co added | 54,454 | $4M | 0.2% | 2026-Q2 |
| TradeWell Securities, LLC. trimmed | 54,063 | $4M | 0.2% | 2026-Q2 |
| Apollon Wealth Management, LLC trimmed | 53,308 | $4M | 0.2% | 2026-Q2 |
| Morey & Quinn Wealth Partners, LLC added | 52,856 | $4M | 0.2% | 2026-Q2 |
| MUIRFIELD WEALTH ADVISORS LLC added | 51,617 | $4M | 0.2% | 2026-Q2 |
| Cushing Capital Partners, LLC added | 50,397 | $4M | 0.2% | 2026-Q2 |
| Mutual Advisors, LLC trimmed | 48,943 | $4M | 0.2% | 2026-Q2 |
| VestGen Advisors, LLC added | 45,970 | $3M | 0.2% | 2026-Q2 |
| IFG Advisory, LLC added | 45,523 | $3M | 0.1% | 2026-Q2 |
| First Heartland Consultants, Inc. added | 44,211 | $3M | 0.1% | 2026-Q2 |
| Composition Wealth, LLC trimmed | 42,448 | $3M | 0.1% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 40,144 | $3M | 0.1% | 2026-Q2 |
| MARSHALL INVESTMENT MANAGEMENT, LLC trimmed | 40,124 | $3M | 0.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 40,005 | $3M | 0.1% | 2026-Q2 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 39,835 | $3M | 0.1% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 39,693 | $3M | 0.1% | 2026-Q2 |
| Lunt Capital Management, Inc. trimmed | 39,549 | $3M | 0.1% | 2026-Q2 |
| Golden State Wealth Management, LLC trimmed | 36,500 | $3M | 0.1% | 2026-Q2 |
| WCG Wealth Advisors LLC trimmed | 35,886 | $3M | 0.1% | 2026-Q2 |
| COTTONWOOD CAPITAL ADVISORS, LLC trimmed | 35,213 | $3M | 0.1% | 2026-Q2 |
| Tulsa Wealth Advisors, INC trimmed | 33,996 | $3M | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 33,188 | $3M | 0.1% | 2026-Q2 |
| Snowden Capital Advisors LLC trimmed | 31,431 | $2M | 0.1% | 2026-Q2 |
| Waterfront Wealth Inc. trimmed | 31,158 | $2M | 0.1% | 2026-Q2 |
| Sigma Planning Corp trimmed | 30,335 | $2M | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 30,002 | $2M | 0.1% | 2026-Q2 |
| Garden State Investment Advisory Services LLC added | 29,798 | $2M | 0.1% | 2026-Q2 |
| Arkadios Wealth Advisors trimmed | 28,634 | $2M | 0.1% | 2026-Q2 |
| SMITH, MOORE & CO. trimmed | 28,477 | $2M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 27,962 | $2M | 0.1% | 2026-Q2 |
| QP WEALTH MANAGEMENT, LLC added | 27,794 | $2M | 0.1% | 2026-Q2 |
| Arax Advisory Partners added | 27,068 | $2M | 0.1% | 2026-Q2 |
| Trueblood Wealth Management, LLC added | 26,013 | $2M | 0.1% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 25,480 | $2M | 0.1% | 2026-Q2 |
| FMR LLC added | 25,066 | $2M | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 24,049 | $2M | 0.1% | 2026-Q2 |
| Accel Wealth Management trimmed | 23,999 | $2M | 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.