Who owns GNMA
Which tracked institutional funds hold GNMA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GNMA company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
18 tracked funds added or opened GNMA while 10 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
GNMA’s largest tracked holder by dollar value, Focus Partners Wealth, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in GNMA 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 116 tracked filers holding GNMA, 63 increased or opened the position and 45 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 GNMA 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 1
- GOLDMAN SACHS GROUP INC$2M
Full exits 3
- Farmers National Bank$2M
- Evanson Asset Management, LLC$951K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$707K
Largest adds
- Focus Partners Wealth$35M
- BlackRock, Inc.$5M
- BANK OF AMERICA CORP /DE/$3M
- GUIDANCE CAPITAL, INC$3M
- MORGAN STANLEY$2M
- LPL Financial LLC$2M
Largest trims
- Northland Capital Management LLC$20M
- CARDIFF PARK ADVISORS, LLC$954K
- Focus Financial Network, Inc.$934K
- Bigelow Investment Advisors, LLC$821K
- Financial Engines Advisors L.L.C.$499K
- Kelman-Lazarov, Inc.$473K
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 |
|---|---|---|---|---|
| Focus Partners Wealth added | 1,615,544 | $72M | 17.6% | 2026-Q1 |
| BlackRock, Inc. added | 1,133,442 | $50M | 12.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 598,592 | $27M | 6.5% | 2026-Q1 |
| LPL Financial LLC added | 428,001 | $19M | 4.7% | 2026-Q1 |
| Portland Global Advisors LLC added | 390,279 | $17M | 4.3% | 2026-Q1 |
| FARMERS & MERCHANTS INVESTMENTS INC added | 320,604 | $14M | 3.5% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 251,482 | $11M | 2.7% | 2026-Q1 |
| Northland Capital Management LLC trimmed | 237,642 | $11M | 2.6% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 207,428 | $9M | 2.3% | 2026-Q1 |
| McGuire Investment Group, LLC trimmed | 170,971 | $8M | 1.9% | 2026-Q1 |
| MORGAN STANLEY added | 170,172 | $8M | 1.9% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 139,562 | $6M | 1.5% | 2026-Q1 |
| Beverly Hills Private Wealth, LLC added | 139,089 | $6M | 1.5% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 134,515 | $6M | 1.5% | 2026-Q1 |
| CROBAN added | 114,801 | $5M | 1.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 99,069 | $4M | 1.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 90,334 | $4M | 1.0% | 2026-Q1 |
| UBS Group AG added | 89,606 | $4M | 1.0% | 2026-Q1 |
| Avise Financial Cooperative, Inc. added | 87,595 | $4M | 1.0% | 2026-Q1 |
| GUIDANCE CAPITAL, INC added | 74,027 | $3M | 0.8% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 56,262 | $2M | 0.6% | 2026-Q1 |
| Sunflower Bank, N.A. | 55,380 | $2M | 0.6% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 52,420 | $2M | 0.6% | 2026-Q1 |
| LifePlan Financial, LLC added | 51,393 | $2M | 0.6% | 2026-Q1 |
| MYECFO, LLC added | 49,926 | $2M | 0.5% | 2026-Q1 |
| Procyon Advisors, LLC trimmed | 47,598 | $2M | 0.5% | 2026-Q1 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 47,591 | $2M | 0.5% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 46,973 | $2M | 0.5% | 2026-Q1 |
| KICKSTAND VENTURES, LLC. added | 45,451 | $2M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 41,455 | $2M | 0.5% | 2026-Q1 |
| TSA Wealth Managment LLC trimmed | 39,565 | $2M | 0.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 37,278 | $2M | 0.4% | 2026-Q1 |
| 5T Wealth, LLC added | 37,144 | $2M | 0.4% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC added | 36,810 | $2M | 0.4% | 2026-Q1 |
| McCartney Wealth Management LLC added | 36,325 | $2M | 0.4% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 33,544 | $1M | 0.4% | 2026-Q1 |
| Curi Capital, LLC added | 32,051 | $1M | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC added | 30,726 | $1M | 0.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 30,554 | $1M | 0.3% | 2026-Q1 |
| CHAPMAN FINANCIAL GROUP, LLC added | 29,561 | $1M | 0.3% | 2026-Q1 |
| CFS Investment Advisory Services, LLC added | 28,824 | $1M | 0.3% | 2026-Q1 |
| Bigelow Investment Advisors, LLC trimmed | 28,009 | $1M | 0.3% | 2026-Q1 |
| Horst & Graben Wealth Management LLC trimmed | 25,639 | $1M | 0.3% | 2026-Q1 |
| Kelman-Lazarov, Inc. trimmed | 25,682 | $1M | 0.3% | 2026-Q1 |
| BARTLETT & CO. WEALTH MANAGEMENT LLC | 23,136 | $1M | 0.3% | 2026-Q1 |
| DMC Group, LLC trimmed | 21,565 | $956K | 0.2% | 2026-Q1 |
| Focus Financial Network, Inc. trimmed | 20,738 | $919K | 0.2% | 2026-Q1 |
| Planned Solutions, Inc. trimmed | 17,885 | $793K | 0.2% | 2026-Q1 |
| Csenge Advisory Group added | 16,061 | $712K | 0.2% | 2026-Q1 |
| WBH ADVISORY INC trimmed | 15,392 | $682K | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 15,012 | $665K | 0.2% | 2026-Q1 |
| Sequoia Financial Advisors, LLC trimmed | 14,715 | $652K | 0.2% | 2026-Q1 |
| Mayflower Financial Advisors, LLC added | 13,640 | $605K | 0.1% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 13,088 | $580K | 0.1% | 2026-Q1 |
| CARDIFF PARK ADVISORS, LLC trimmed | 12,424 | $551K | 0.1% | 2026-Q1 |
| North Star Investment Management Corp. trimmed | 12,403 | $550K | 0.1% | 2026-Q1 |
| BEACON FINANCIAL GROUP added | 12,308 | $546K | 0.1% | 2026-Q1 |
| Patriot Financial Group Insurance Agency, LLC added | 12,226 | $542K | 0.1% | 2026-Q1 |
| Pillar Financial Advisors, LLC trimmed | 11,242 | $498K | 0.1% | 2026-Q1 |
| Ashton Thomas Private Wealth, LLC added | 11,165 | $495K | 0.1% | 2026-Q1 |
| Mariner, LLC added | 11,137 | $494K | 0.1% | 2026-Q1 |
| Betterment LLC added | 9,609 | $426K | 0.1% | 2026-Q1 |
| Perigon Wealth Management, LLC added | 9,534 | $423K | 0.1% | 2026-Q1 |
| Argent Advisors, Inc. trimmed | 9,005 | $399K | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 8,931 | $396K | 0.1% | 2026-Q1 |
| Ascent Group, LLC added | 8,472 | $376K | 0.1% | 2026-Q1 |
| Cypress Wealth Services, LLC trimmed | 8,253 | $366K | 0.1% | 2026-Q1 |
| Retirement Solution LLC trimmed | 7,945 | $352K | 0.1% | 2026-Q1 |
| SAGESPRING WEALTH PARTNERS, LLC added | 7,493 | $332K | 0.1% | 2026-Q1 |
| Hoxton Planning & Management, LLC trimmed | 7,236 | $321K | 0.1% | 2026-Q1 |
| Advisors Asset Management, Inc. trimmed | 7,191 | $319K | 0.1% | 2026-Q1 |
| FIRETHORN WEALTH PARTNERS, LLC trimmed | 7,165 | $318K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 6,734 | $299K | 0.1% | 2026-Q1 |
| Pinnacle Financial Partners, Inc. | 6,302 | $279K | 0.1% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 7,553 | $279K | 0.1% | 2026-Q1 |
| WealthPlan Investment Management, LLC trimmed | 5,842 | $259K | 0.1% | 2026-Q1 |
| FOSTER & MOTLEY INC | 5,629 | $250K | 0.1% | 2026-Q1 |
| Shared Vision Wealth Group LLC trimmed | 5,606 | $249K | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 5,495 | $244K | 0.1% | 2026-Q1 |
| Level Financial Advisors trimmed | 5,504 | $244K | 0.1% | 2026-Q1 |
| American Institute for Advanced Investment Management, LLP trimmed | 5,234 | $232K | 0.1% | 2026-Q1 |
| Kovitz Investment Group Partners, LLC added | 808,423 | $36M | 8.8% | 2025-Q3 stale |
| Stratos Wealth Partners, LTD. added | 202,986 | $9M | 2.2% | 2025-Q2 stale |
| WOOSTER CORTHELL WEALTH MANAGEMENT, INC. trimmed | 51,275 | $2M | 0.6% | 2025-Q2 stale |
| Duncan Williams Asset Management, LLC new | 47,886 | $2M | 0.5% | 2025-Q2 stale |
| Farmers National Bank | 34,292 | $2M | 0.4% | 2025-Q4 stale |
| CITADEL ADVISORS LLC added | 34,422 | $2M | 0.4% | 2025-Q2 stale |
| Evanson Asset Management, LLC new | 21,360 | $951K | 0.2% | 2025-Q4 stale |
| Cambridge Investment Research Advisors, Inc. trimmed | 20,666 | $908K | 0.2% | 2025-Q2 stale |
| Robertson Stephens Wealth Management, LLC trimmed | 20,215 | $888K | 0.2% | 2025-Q2 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 15,871 | $707K | 0.2% | 2025-Q4 stale |
| StoneX Group Inc. trimmed | 14,817 | $650K | 0.2% | 2025-Q1 stale |
| FLOW TRADERS U.S. LLC trimmed | 11,206 | $492K | 0.1% | 2025-Q1 stale |
| FIRST NATIONAL CORP /MA/ /ADV | 9,679 | $430K | 0.1% | 2025-Q3 stale |
| ARBOR TRUST WEALTH ADVISORS, LLC trimmed | 8,953 | $393K | 0.1% | 2025-Q1 stale |
| GWN SECURITIES INC. new | 7,849 | $338K | 0.1% | 2025-Q1 stale |
| Merit Financial Group, LLC trimmed | 7,167 | $315K | 0.1% | 2025-Q1 stale |
| Global Retirement Partners, LLC added | 6,471 | $288K | 0.1% | 2025-Q4 stale |
| SYNOVUS FINANCIAL CORP | 6,302 | $279K | 0.1% | 2025-Q3 stale |
| FULLCIRCLE WEALTH LLC trimmed | 5,440 | $242K | 0.1% | 2025-Q3 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.