Who owns HFSI (HFSI)
Which tracked institutional funds hold HFSI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HFSI 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
The tracked-fund tape on HFSI is one-sided between 2025-Q4 and 2026-Q1: 34 added or opened and 6 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
HFSI’s largest tracked holder by dollar value, New England Capital Financial Advisors LLC, sizes it at 24.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 24.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HFSI 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 68 tracked filers holding HFSI, 55 increased or opened the position and 15 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 HFSI 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 13
- BANK OF AMERICA CORP /DE/$42M
- BENJAMIN EDWARDS INC$34M
- Wealthspire Retirement, LLC$21M
- ENVESTNET ASSET MANAGEMENT INC$12M
- Mutual Advisors, LLC$8M
- WNY Asset Management, LLC$6M
Largest adds
- New England Capital Financial Advisors LLC$77M
- RAYMOND JAMES FINANCIAL INC$22M
- ROYAL BANK OF CANADA$13M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$10M
- Retirement Planning Group, LLC$4M
- CITIZENS FINANCIAL GROUP INC/RI$3M
Largest trims
- Hartford Funds Management Co LLC$2M
- Bleakley Financial Group, LLC$2M
- SURIENCE PRIVATE WEALTH LLC$2M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$1M
- CORE WEALTH ADVISORS, LLC$821K
- GOLDMAN SACHS GROUP INC$654K
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 |
|---|---|---|---|---|
| New England Capital Financial Advisors LLC added | 2,544,936 | $88M | 14.6% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 2,123,291 | $74M | 12.2% | 2026-Q1 |
| Hartford Funds Management Co LLC trimmed | 1,536,590 | $53M | 8.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ new | 1,221,387 | $42M | 7.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,188,578 | $41M | 6.8% | 2026-Q1 |
| BENJAMIN EDWARDS INC new | 971,387 | $34M | 5.6% | 2026-Q1 |
| Retirement Management Systems Inc. added | 723,138 | $25M | 4.2% | 2026-Q1 |
| Modern Wealth Management, LLC added | 706,004 | $25M | 4.1% | 2026-Q1 |
| Bleakley Financial Group, LLC trimmed | 613,012 | $21M | 3.5% | 2026-Q1 |
| Wealthspire Retirement, LLC new | 601,079 | $21M | 3.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 462,425 | $16M | 2.7% | 2026-Q1 |
| Centric Wealth Management added | 411,612 | $14M | 2.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 385,812 | $13M | 2.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 344,031 | $12M | 2.0% | 2026-Q1 |
| Live Oak Investment Partners added | 255,507 | $9M | 1.5% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 240,236 | $8M | 1.4% | 2026-Q1 |
| Mutual Advisors, LLC new | 222,529 | $8M | 1.3% | 2026-Q1 |
| CITIZENS FINANCIAL GROUP INC/RI added | 216,447 | $8M | 1.3% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 211,083 | $7M | 1.2% | 2026-Q1 |
| WNY Asset Management, LLC new | 180,087 | $6M | 1.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 164,391 | $6M | 0.9% | 2026-Q1 |
| TRUIST FINANCIAL CORP new | 161,539 | $6M | 0.9% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 160,652 | $6M | 0.9% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 149,037 | $5M | 0.9% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 136,366 | $5M | 0.8% | 2026-Q1 |
| Retirement Planning Group, LLC added | 122,142 | $4M | 0.7% | 2026-Q1 |
| Summit Financial, LLC added | 118,319 | $4M | 0.7% | 2026-Q1 |
| Sonoma Allocations LLC added | 92,595 | $3M | 0.5% | 2026-Q1 |
| CORE WEALTH ADVISORS, LLC trimmed | 84,557 | $3M | 0.5% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 78,743 | $3M | 0.5% | 2026-Q1 |
| Strategic Blueprint, LLC added | 71,521 | $2M | 0.4% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC added | 67,286 | $2M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 57,727 | $2M | 0.3% | 2026-Q1 |
| Kovack Advisors, Inc. added | 49,369 | $2M | 0.3% | 2026-Q1 |
| &PARTNERS new | 41,610 | $1M | 0.2% | 2026-Q1 |
| LIBERTY ONE INVESTMENT MANAGEMENT, LLC added | 34,126 | $1M | 0.2% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 31,215 | $1M | 0.2% | 2026-Q1 |
| Hobart Private Capital, LLC added | 26,668 | $926K | 0.2% | 2026-Q1 |
| Gateway Wealth Partners, LLC added | 24,950 | $866K | 0.1% | 2026-Q1 |
| Marks Group Wealth Management, Inc new | 23,579 | $819K | 0.1% | 2026-Q1 |
| NATIXIS ADVISORS, LLC new | 22,737 | $789K | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 22,429 | $779K | 0.1% | 2026-Q1 |
| Arkadios Wealth Advisors added | 21,441 | $744K | 0.1% | 2026-Q1 |
| Mariner, LLC added | 21,038 | $730K | 0.1% | 2026-Q1 |
| AdvisorNet Financial, Inc added | 19,159 | $665K | 0.1% | 2026-Q1 |
| SURIENCE PRIVATE WEALTH LLC trimmed | 17,963 | $624K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers new | 17,426 | $605K | 0.1% | 2026-Q1 |
| Destiny Capital Corp/CO new | 17,212 | $598K | 0.1% | 2026-Q1 |
| UPTICK PARTNERS, LLC new | 15,818 | $549K | 0.1% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. new | 13,519 | $469K | 0.1% | 2026-Q1 |
| Concurrent Investment Advisors, LLC new | 10,230 | $355K | 0.1% | 2026-Q1 |
| Meridian Financial Advisors, LLC trimmed | 9,950 | $345K | 0.1% | 2026-Q1 |
| Bright Futures Wealth Management, LLC. trimmed | 9,003 | $313K | 0.1% | 2026-Q1 |
| Cypress Wealth Services, LLC added | 8,664 | $301K | 0.0% | 2026-Q1 |
| Coquina Private Wealth LLC added | 7,949 | $276K | 0.0% | 2026-Q1 |
| Capital Investment Advisory Services, LLC | 7,659 | $266K | 0.0% | 2026-Q1 |
| Stonebridge Financial Group, LLC / MO added | 6,856 | $238K | 0.0% | 2026-Q1 |
| ALEXANDER LABRUNERIE & CO., INC. | 6,574 | $228K | 0.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 6,502 | $226K | 0.0% | 2026-Q1 |
| Capital Analysts, LLC added | 5,206 | $181K | 0.0% | 2026-Q1 |
| Wealth Enhancement Trust Services, Inc. added | 4,673 | $162K | 0.0% | 2026-Q1 |
| Geneos Wealth Management Inc. trimmed | 2,102 | $73K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc added | 1,803 | $63K | 0.0% | 2026-Q1 |
| Ascentis Independent Advisors new | 1,008 | $35K | 0.0% | 2026-Q1 |
| Bogart Wealth, LLC added | 714 | $25K | 0.0% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC new | 530 | $18K | 0.0% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 315 | $11K | 0.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 123 | $4K | 0.0% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 145,400 | $5M | 0.9% | 2025-Q3 stale |
| JANE STREET GROUP, LLC added | 49,826 | $2M | 0.3% | 2025-Q2 stale |
| CITADEL ADVISORS LLC trimmed | 20,555 | $731K | 0.1% | 2025-Q3 stale |
| D.A. DAVIDSON & CO. new | 7,540 | $268K | 0.0% | 2025-Q4 stale |
| AXXCESS WEALTH MANAGEMENT, LLC | 6,983 | $248K | 0.0% | 2025-Q4 stale |
| Breakwater Capital Group new | 6,232 | $222K | 0.0% | 2025-Q3 stale |
| Kestra Advisory Services, LLC new | 1,104 | $39K | 0.0% | 2025-Q4 stale |
| FSA Wealth Management LLC new | 200 | $7K | 0.0% | 2025-Q3 stale |
| Allworth Financial LP new | 200 | $7K | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 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.