Who owns FVD (FVD)
Which tracked institutional funds hold FVD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FVD 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
77 tracked funds added or opened FVD while 79 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
FVD’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.1pp gap the other way — the median holder sizes FVD more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FVD 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 628 tracked filers holding FVD, 244 increased or opened the position and 331 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 FVD 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 12
- TWO SIGMA INVESTMENTS, LP$11M
- Baer Investment Advisory LLC$10M
- IFS Group,LLC$4M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- TCFG Investment Advisors, LLC$2M
- Strategic Financial Concepts, LLC$2M
Full exits 13
- Pine Valley Investments Ltd Liability Co$7M
- AXXCESS WEALTH MANAGEMENT, LLC$6M
- Global Retirement Partners, LLC$4M
- Coppell Advisory Solutions LLC$3M
- COMERICA BANK$3M
- TrueWealth Financial Partners$2M
Largest adds
- ENVESTNET ASSET MANAGEMENT INC$23M
- JPMORGAN CHASE & CO$16M
- Gateway Wealth Partners, LLC$11M
- GOLDMAN SACHS GROUP INC$11M
- Independent Advisor Alliance$7M
- RFG Advisory, LLC$7M
Largest trims
- AMERIPRISE FINANCIAL INC$70M
- OSAIC HOLDINGS, INC.$33M
- MORGAN STANLEY$27M
- WELLS FARGO & COMPANY/MN$21M
- NewEdge Advisors, LLC$19M
- IFG Advisory, LLC$18M
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 |
|---|---|---|---|---|
| MORGAN STANLEY trimmed | 18,147,711 | $853M | 18.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 16,816,974 | $791M | 17.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 5,345,787 | $251M | 5.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 5,292,515 | $249M | 5.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 5,162,932 | $243M | 5.2% | 2026-Q1 |
| UBS Group AG trimmed | 3,377,606 | $159M | 3.4% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 3,287,993 | $155M | 3.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 3,272,443 | $154M | 3.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 2,169,935 | $102M | 2.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 2,034,940 | $96M | 2.1% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 1,983,916 | $93M | 2.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 1,859,101 | $87M | 1.9% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 1,566,495 | $74M | 1.6% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 1,281,757 | $60M | 1.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 1,206,149 | $57M | 1.2% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 865,457 | $41M | 0.9% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 830,494 | $39M | 0.8% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 812,645 | $38M | 0.8% | 2026-Q1 |
| New England Private Wealth Advisors LLC added | 763,623 | $36M | 0.8% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 707,761 | $33M | 0.7% | 2026-Q1 |
| Prospera Financial Services Inc trimmed | 616,506 | $29M | 0.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 596,065 | $28M | 0.6% | 2026-Q1 |
| BENJAMIN EDWARDS INC trimmed | 554,403 | $26M | 0.6% | 2026-Q1 |
| Intellus Advisors LLC trimmed | 552,985 | $26M | 0.6% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 546,709 | $26M | 0.6% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 537,188 | $25M | 0.5% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 501,597 | $24M | 0.5% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 495,155 | $23M | 0.5% | 2026-Q1 |
| PARK NATIONAL CORP /OH/ added | 494,262 | $23M | 0.5% | 2026-Q1 |
| Golden State Wealth Management, LLC added | 483,139 | $23M | 0.5% | 2026-Q1 |
| CITIGROUP INC trimmed | 453,595 | $21M | 0.5% | 2026-Q1 |
| Mariner, LLC trimmed | 453,295 | $21M | 0.5% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 452,776 | $21M | 0.5% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 447,558 | $21M | 0.5% | 2026-Q1 |
| BEACON FINANCIAL GROUP trimmed | 414,431 | $19M | 0.4% | 2026-Q1 |
| Equitable Holdings, Inc. added | 398,372 | $18M | 0.4% | 2026-Q1 |
| Solano Wealth Investment Advisors LLC added | 390,392 | $18M | 0.4% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 381,973 | $18M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 379,923 | $18M | 0.4% | 2026-Q1 |
| Concurrent Investment Advisors, LLC trimmed | 365,461 | $17M | 0.4% | 2026-Q1 |
| Hobart Private Capital, LLC added | 356,142 | $17M | 0.4% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 311,649 | $15M | 0.3% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 311,045 | $15M | 0.3% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 308,104 | $14M | 0.3% | 2026-Q1 |
| WealthCare Investment Partners, LLC added | 307,314 | $14M | 0.3% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 293,384 | $14M | 0.3% | 2026-Q1 |
| COMMERCE BANK added | 285,016 | $13M | 0.3% | 2026-Q1 |
| Modern Wealth Management, LLC added | 279,941 | $13M | 0.3% | 2026-Q1 |
| Merit Financial Group, LLC added | 271,316 | $13M | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 263,585 | $12M | 0.3% | 2026-Q1 |
| &PARTNERS added | 257,139 | $12M | 0.3% | 2026-Q1 |
| US BANCORP \DE\ added | 255,204 | $12M | 0.3% | 2026-Q1 |
| Independent Advisor Alliance added | 251,777 | $12M | 0.3% | 2026-Q1 |
| Claris Financial LLC added | 250,591 | $12M | 0.3% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 244,171 | $11M | 0.2% | 2026-Q1 |
| Holistic Financial Partners trimmed | 233,337 | $11M | 0.2% | 2026-Q1 |
| ASSETMARK, INC added | 229,722 | $11M | 0.2% | 2026-Q1 |
| Prosperity Consulting Group, LLC trimmed | 229,511 | $11M | 0.2% | 2026-Q1 |
| Arkadios Wealth Advisors added | 224,953 | $11M | 0.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 224,600 | $11M | 0.2% | 2026-Q1 |
| Beacon Financial Advisory LLC trimmed | 224,352 | $11M | 0.2% | 2026-Q1 |
| CWM, LLC trimmed | 223,522 | $11M | 0.2% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 216,419 | $10M | 0.2% | 2026-Q1 |
| Concentrum Wealth Management trimmed | 210,440 | $10M | 0.2% | 2026-Q1 |
| Proactive Wealth Strategies LLC added | 207,927 | $10M | 0.2% | 2026-Q1 |
| Baer Investment Advisory LLC new | 204,164 | $10M | 0.2% | 2026-Q1 |
| VICTORY FINANCIAL GROUP, LLC trimmed | 204,164 | $10M | 0.2% | 2026-Q1 |
| IFP Advisors, Inc added | 198,163 | $9M | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 191,794 | $9M | 0.2% | 2026-Q1 |
| RFG Advisory, LLC added | 182,125 | $9M | 0.2% | 2026-Q1 |
| Plus Group Wealth Advisors LLC added | 179,708 | $8M | 0.2% | 2026-Q1 |
| BlueChip Wealth Advisors LLC trimmed | 178,162 | $8M | 0.2% | 2026-Q1 |
| Center for Wealth Management Advisory added | 173,866 | $8M | 0.2% | 2026-Q1 |
| Cherry Creek Investment Advisors, Inc. added | 173,179 | $8M | 0.2% | 2026-Q1 |
| Petix & Botte Co trimmed | 162,383 | $8M | 0.2% | 2026-Q1 |
| Rehmann Capital Advisory Group trimmed | 162,824 | $8M | 0.2% | 2026-Q1 |
| Crumly & Associates Inc. trimmed | 158,900 | $7M | 0.2% | 2026-Q1 |
| OPPENHEIMER & CO INC added | 156,810 | $7M | 0.2% | 2026-Q1 |
| Larson Financial Group LLC trimmed | 153,769 | $7M | 0.2% | 2026-Q1 |
| Towerpoint Wealth, LLC added | 146,006 | $7M | 0.1% | 2026-Q1 |
| Strategic Family Wealth Counselors, L.L.C. trimmed | 145,156 | $7M | 0.1% | 2026-Q1 |
| 1ST SOURCE BANK trimmed | 142,906 | $7M | 0.1% | 2026-Q1 |
| 1776 Wealth LLC trimmed | 135,015 | $6M | 0.1% | 2026-Q1 |
| BARRETT & COMPANY, INC. added | 134,540 | $6M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 133,329 | $6M | 0.1% | 2026-Q1 |
| Mutual Advisors, LLC added | 131,423 | $6M | 0.1% | 2026-Q1 |
| Kovack Advisors, Inc. trimmed | 130,731 | $6M | 0.1% | 2026-Q1 |
| Lido Advisors, LLC trimmed | 128,108 | $6M | 0.1% | 2026-Q1 |
| IHT Wealth Management, LLC trimmed | 127,278 | $6M | 0.1% | 2026-Q1 |
| SUMMIT WEALTH GROUP LLC / CO added | 124,035 | $6M | 0.1% | 2026-Q1 |
| Clear Creek Financial Management, LLC added | 124,330 | $6M | 0.1% | 2026-Q1 |
| Sigma Planning Corp trimmed | 124,208 | $6M | 0.1% | 2026-Q1 |
| Allworth Financial LP trimmed | 123,607 | $6M | 0.1% | 2026-Q1 |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 447,429 | $20M | 0.4% | 2025-Q2 stale |
| Atria Wealth Solutions, Inc. trimmed | 270,844 | $12M | 0.3% | 2025-Q2 stale |
| Kaye Capital Management trimmed | 268,684 | $12M | 0.3% | 2025-Q2 stale |
| Apexium Financial, LP trimmed | 246,175 | $11M | 0.2% | 2025-Q3 stale |
| Orion Portfolio Solutions, LLC trimmed | 153,310 | $7M | 0.1% | 2025-Q1 stale |
| Pine Valley Investments Ltd Liability Co trimmed | 142,911 | $7M | 0.1% | 2025-Q4 stale |
| AXXCESS WEALTH MANAGEMENT, LLC added | 119,695 | $6M | 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.