Who owns JFR
Which tracked institutional funds hold JFR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See JFR 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
24 tracked funds added or opened JFR while 29 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
JFR’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 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes JFR more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in JFR 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 184 tracked filers holding JFR, 72 increased or opened the position and 99 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 JFR 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 7
- LOOMIS SAYLES & CO L P$22M
- Saba Capital Management, L.P.$2M
- Matisse Capital$2M
- HOURGLASS CAPITAL, LLC$1M
- Arlington Capital Management, Inc.$847K
- Ionic Capital Management LLC$710K
Full exits 7
- RIVERNORTH CAPITAL MANAGEMENT, LLC$22M
- MARINER INVESTMENT GROUP LLC$5M
- J.W. COLE ADVISORS, INC.$3M
- Pathstone Holdings, LLC$2M
- PREVAIL INNOVATIVE WEALTH ADVISORS, LLC$2M
- Marex Group plc$2M
Largest adds
- 1607 Capital Partners, LLC$12M
- Congress Park Capital LLC$6M
- WELLS FARGO & COMPANY/MN$6M
- Almitas Capital LLC$2M
- Cyndeo Wealth Partners, LLC$2M
- Penserra Capital Management LLC$1M
Largest trims
- Logan Stone Capital, LLC$6M
- Invesco Ltd.$6M
- MORGAN STANLEY$5M
- LPL Financial LLC$3M
- GUGGENHEIM CAPITAL LLC$3M
- ENVESTNET ASSET MANAGEMENT INC$2M
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 | 6,069,659 | $46M | 9.5% | 2026-Q1 |
| SIT INVESTMENT ASSOCIATES INC added | 4,639,416 | $35M | 7.3% | 2026-Q1 |
| Congress Park Capital LLC added | 3,121,323 | $23M | 4.9% | 2026-Q1 |
| LOOMIS SAYLES & CO L P added | 2,897,039 | $22M | 4.5% | 2026-Q1 |
| Penserra Capital Management LLC added | 2,782,303 | $21M | 4.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 2,624,135 | $20M | 4.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,493,861 | $19M | 3.9% | 2026-Q1 |
| Invesco Ltd. trimmed | 2,307,636 | $17M | 3.6% | 2026-Q1 |
| 1607 Capital Partners, LLC added | 2,164,618 | $16M | 3.4% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC trimmed | 1,946,861 | $15M | 3.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,915,221 | $14M | 3.0% | 2026-Q1 |
| Cyndeo Wealth Partners, LLC added | 1,795,370 | $14M | 2.8% | 2026-Q1 |
| ICON ADVISERS INC/CO added | 1,716,759 | $13M | 2.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,576,414 | $12M | 2.5% | 2026-Q1 |
| Advisors Asset Management, Inc. added | 1,552,425 | $12M | 2.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,279,118 | $10M | 2.0% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 939,188 | $7M | 1.5% | 2026-Q1 |
| UBS Group AG added | 914,688 | $7M | 1.4% | 2026-Q1 |
| COHEN & STEERS, INC. | 853,263 | $6M | 1.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 831,940 | $6M | 1.3% | 2026-Q1 |
| Kanen Wealth Management LLC added | 813,234 | $6M | 1.3% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 730,397 | $5M | 1.1% | 2026-Q1 |
| Thomas J. Herzfeld Advisors, Inc. trimmed | 713,294 | $5M | 1.1% | 2026-Q1 |
| Ethos Financial Group, LLC | 646,392 | $5M | 1.1% | 2026-Q1 |
| Logan Stone Capital, LLC trimmed | 502,052 | $4M | 0.8% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 474,087 | $4M | 0.7% | 2026-Q1 |
| Cetera Investment Advisers added | 453,542 | $3M | 0.7% | 2026-Q1 |
| Almitas Capital LLC added | 411,628 | $3M | 0.6% | 2026-Q1 |
| Coastal Bridge Advisors, LLC trimmed | 406,970 | $3M | 0.6% | 2026-Q1 |
| ABSOLUTE INVESTMENT ADVISERS, LLC added | 391,237 | $3M | 0.6% | 2026-Q1 |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD added | 384,140 | $3M | 0.6% | 2026-Q1 |
| GraniteShares Advisors LLC trimmed | 309,750 | $2M | 0.5% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 305,520 | $2M | 0.5% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 304,722 | $2M | 0.5% | 2026-Q1 |
| Saba Capital Management, L.P. trimmed | 300,025 | $2M | 0.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 298,104 | $2M | 0.5% | 2026-Q1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 289,156 | $2M | 0.4% | 2026-Q1 |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 271,051 | $2M | 0.4% | 2026-Q1 |
| Matisse Capital added | 250,000 | $2M | 0.4% | 2026-Q1 |
| RFG Advisory, LLC added | 239,830 | $2M | 0.4% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 239,614 | $2M | 0.4% | 2026-Q1 |
| Capital Investment Advisors, LLC trimmed | 224,467 | $2M | 0.4% | 2026-Q1 |
| Aviance Capital Partners, LLC added | 199,524 | $2M | 0.3% | 2026-Q1 |
| HOURGLASS CAPITAL, LLC new | 197,523 | $1M | 0.3% | 2026-Q1 |
| READYSTATE ASSET MANAGEMENT LP added | 196,077 | $1M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 186,804 | $1M | 0.3% | 2026-Q1 |
| Kovack Advisors, Inc. added | 168,666 | $1M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 165,262 | $1M | 0.3% | 2026-Q1 |
| Quarry LP added | 150,100 | $1M | 0.2% | 2026-Q1 |
| Advisory Services Network, LLC added | 125,266 | $942K | 0.2% | 2026-Q1 |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 119,308 | $897K | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 117,669 | $885K | 0.2% | 2026-Q1 |
| Arlington Capital Management, Inc. new | 112,678 | $847K | 0.2% | 2026-Q1 |
| MELFA WEALTH MANAGEMENT, INC. | 107,219 | $806K | 0.2% | 2026-Q1 |
| XTX Topco Ltd trimmed | 103,506 | $778K | 0.2% | 2026-Q1 |
| CHOREO, LLC trimmed | 101,280 | $768K | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 101,759 | $765K | 0.2% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 99,789 | $750K | 0.2% | 2026-Q1 |
| Sigma Planning Corp added | 97,973 | $737K | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 96,535 | $726K | 0.2% | 2026-Q1 |
| Ionic Capital Management LLC added | 94,360 | $710K | 0.1% | 2026-Q1 |
| CastleKnight Management LP | 87,400 | $657K | 0.1% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 80,653 | $607K | 0.1% | 2026-Q1 |
| Yakira Capital Management, Inc. trimmed | 77,778 | $585K | 0.1% | 2026-Q1 |
| Arete Wealth Advisors, LLC new | 23,717 | $580K | 0.1% | 2026-Q1 |
| Blackhawk Capital Partners, LLC trimmed | 75,620 | $569K | 0.1% | 2026-Q1 |
| Cerity Partners LLC added | 74,526 | $560K | 0.1% | 2026-Q1 |
| Virtus Investment Advisers, LLC trimmed | 74,365 | $559K | 0.1% | 2026-Q1 |
| ROBINSON CAPITAL MANAGEMENT, LLC | 73,895 | $556K | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 73,865 | $555K | 0.1% | 2026-Q1 |
| Gladstone Institutional Advisory LLC added | 72,455 | $545K | 0.1% | 2026-Q1 |
| GILL CAPITAL PARTNERS, LLC added | 69,973 | $526K | 0.1% | 2026-Q1 |
| Edgemoor Investment Advisors, Inc. | 68,421 | $515K | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC added | 65,150 | $490K | 0.1% | 2026-Q1 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. trimmed | 64,399 | $484K | 0.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 62,765 | $472K | 0.1% | 2026-Q1 |
| Seelaus Asset Management LLC trimmed | 60,908 | $458K | 0.1% | 2026-Q1 |
| &PARTNERS trimmed | 56,080 | $422K | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 55,550 | $418K | 0.1% | 2026-Q1 |
| Collar Capital Management, LLC | 54,383 | $409K | 0.1% | 2026-Q1 |
| New England Private Wealth Advisors LLC | 52,431 | $394K | 0.1% | 2026-Q1 |
| WORLD EQUITY GROUP, INC. added | 51,693 | $389K | 0.1% | 2026-Q1 |
| OPPENHEIMER & CO INC trimmed | 49,355 | $371K | 0.1% | 2026-Q1 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC added | 2,772,908 | $22M | 4.5% | 2025-Q4 stale |
| Tabor Asset Management, LP new | 625,691 | $5M | 1.1% | 2025-Q1 stale |
| MARINER INVESTMENT GROUP LLC trimmed | 633,488 | $5M | 1.0% | 2025-Q4 stale |
| J.W. COLE ADVISORS, INC. added | 372,650 | $3M | 0.6% | 2025-Q4 stale |
| Pathstone Holdings, LLC trimmed | 279,508 | $2M | 0.5% | 2025-Q4 stale |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC added | 252,524 | $2M | 0.4% | 2025-Q4 stale |
| Marex Group plc added | 209,907 | $2M | 0.3% | 2025-Q4 stale |
| BANK OF MONTREAL /CAN/ | 191,695 | $2M | 0.3% | 2025-Q3 stale |
| NewEdge Advisors, LLC trimmed | 194,749 | $2M | 0.3% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 145,407 | $1M | 0.3% | 2025-Q2 stale |
| Andrew Hill Investment Advisors, Inc. added | 112,988 | $924K | 0.2% | 2025-Q3 stale |
| Bramshill Investments, LLC trimmed | 109,492 | $896K | 0.2% | 2025-Q3 stale |
| JONES ROAD CAPITAL MANAGEMENT, L.P. added | 65,227 | $552K | 0.1% | 2025-Q1 stale |
| North Ground Capital trimmed | 60,460 | $510K | 0.1% | 2025-Q2 stale |
| TWO SIGMA SECURITIES, LLC added | 47,939 | $375K | 0.1% | 2025-Q4 stale |
| Global Retirement Partners, LLC added | 47,402 | $371K | 0.1% | 2025-Q4 stale |
| TrueMark Investments, LLC new | 47,308 | $370K | 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.