Who owns MFDX
Which tracked institutional funds hold MFDX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MFDX company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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 MFDX is one-sided between 2026-Q1 and 2026-Q2: 18 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
MFDX’s largest tracked holder by dollar value, Schiavi & Co LLC, sizes it at 34.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 34.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in MFDX 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 56 tracked filers holding MFDX, 35 increased or opened the position and 22 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 MFDX 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 1
- CITADEL ADVISORS LLC$1M
Full exits 2
- Janney Montgomery Scott LLC$3M
- BKM Wealth Management, LLC$1M
Largest adds
- Schiavi & Co LLC$8M
- WELLS FARGO & COMPANY/MN$4M
- FINANCIAL CONSULATE, INC$4M
- JPMORGAN CHASE & CO$3M
- Stratos Investment Management, LLC$3M
- Mariner, LLC$1M
Largest trims
- JANE STREET GROUP, LLC$2M
- Merit Financial Group, LLC$1M
- KESTRA PRIVATE WEALTH SERVICES, LLC$720K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$580K
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 |
|---|---|---|---|---|
| Schiavi & Co LLC added | 3,159,766 | $132M | 34.1% | 2026-Q2 |
| FINANCIAL CONSULATE, INC added | 1,704,901 | $71M | 18.4% | 2026-Q2 |
| Stratos Investment Management, LLC added | 1,306,294 | $54M | 14.1% | 2026-Q2 |
| Mariner, LLC trimmed | 868,899 | $36M | 9.4% | 2026-Q2 |
| LPL Financial LLC added | 329,022 | $14M | 3.6% | 2026-Q2 |
| Austin Wealth Management, LLC added | 211,092 | $9M | 2.3% | 2026-Q2 |
| IFC Advisors LLC trimmed | 164,779 | $7M | 1.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 160,599 | $7M | 1.7% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 158,832 | $7M | 1.7% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 106,305 | $4M | 1.1% | 2026-Q2 |
| EVOLVE PRIVATE WEALTH, LLC | 104,286 | $4M | 1.1% | 2026-Q2 |
| Williams & Novak, LLC added | 72,500 | $3M | 0.8% | 2026-Q2 |
| ENTREWEALTH, LLC added | 70,741 | $3M | 0.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 64,491 | $3M | 0.7% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 56,266 | $2M | 0.6% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 42,844 | $2M | 0.5% | 2026-Q2 |
| Walkner Condon Financial Advisors LLC added | 36,725 | $2M | 0.4% | 2026-Q2 |
| McAdam, LLC trimmed | 36,650 | $2M | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 33,856 | $1M | 0.4% | 2026-Q2 |
| Operose Advisors LLC added | 32,708 | $1M | 0.4% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 32,135 | $1M | 0.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 31,504 | $1M | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC new | 25,981 | $1M | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC added | 24,039 | $1M | 0.3% | 2026-Q2 |
| MATHER GROUP, LLC. trimmed | 23,597 | $983K | 0.3% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 22,016 | $917K | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 19,436 | $809K | 0.2% | 2026-Q2 |
| Caerus Investment Advisors, LLC added | 18,974 | $790K | 0.2% | 2026-Q2 |
| Sovran Advisors, LLC trimmed | 18,831 | $771K | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 15,408 | $642K | 0.2% | 2026-Q2 |
| Riverbend Wealth Management, LLC added | 14,471 | $603K | 0.2% | 2026-Q2 |
| Redwood Financial Network Corp trimmed | 13,625 | $567K | 0.1% | 2026-Q2 |
| L & S Advisors Inc | 9,615 | $400K | 0.1% | 2026-Q2 |
| EQ WEALTH ADVISORS, LLC added | 9,447 | $393K | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC trimmed | 9,351 | $389K | 0.1% | 2026-Q2 |
| JT Stratford LLC added | 8,994 | $375K | 0.1% | 2026-Q2 |
| Creative Planning added | 7,868 | $328K | 0.1% | 2026-Q2 |
| Stratos Wealth Advisors, LLC added | 7,251 | $302K | 0.1% | 2026-Q2 |
| Cetera Investment Advisers | 6,295 | $262K | 0.1% | 2026-Q2 |
| FARMERS & MERCHANTS INVESTMENTS INC | 6,000 | $250K | 0.1% | 2026-Q2 |
| StoneX Group Inc. added | 5,882 | $245K | 0.1% | 2026-Q2 |
| Foundations Investment Advisors, LLC trimmed | 5,466 | $228K | 0.1% | 2026-Q2 |
| BENJAMIN EDWARDS INC new | 5,320 | $222K | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC new | 4,898 | $204K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 4,280 | $178K | 0.0% | 2026-Q2 |
| Allworth Financial LP added | 3,891 | $162K | 0.0% | 2026-Q2 |
| FMR LLC | 1,664 | $69K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP | 1,598 | $67K | 0.0% | 2026-Q2 |
| MORGAN STANLEY | 489 | $20K | 0.0% | 2026-Q2 |
| ASSETMARK, INC added | 315 | $13K | 0.0% | 2026-Q2 |
| Mascoma Wealth Management LLC added | 278 | $12K | 0.0% | 2026-Q2 |
| UBS Group AG | 258 | $11K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC | 98 | $4K | 0.0% | 2026-Q2 |
| Geneos Wealth Management Inc. trimmed | 89 | $4K | 0.0% | 2026-Q2 |
| Downshift Financial, LLC new | 51 | $2K | 0.0% | 2026-Q2 |
| VANGUARD ADVISERS INC | 21 | $874 | 0.0% | 2026-Q2 |
| Janney Montgomery Scott LLC trimmed | 77,082 | $3M | 0.8% | 2026-Q1 stale (1 quarter behind) |
| BKM Wealth Management, LLC added | 26,947 | $1M | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC added | 4,391 | $175K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Capital Advisors, Ltd. LLC added | 3,195 | $127K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| WEBSTER BANK, N. A. new | 2,204 | $88K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| GW&K Investment Management, LLC | 699 | $28K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC trimmed | 424 | $17K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Sunbelt Securities, Inc. | 398 | $16K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Western Wealth Management, LLC new | 300 | $12K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Blue Trust, Inc. new | 112 | $4K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| GTS SECURITIES LLC new | 6,301 | $242K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| Empowered Funds, LLC new | 6,105 | $235K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| COMERICA BANK | 3,099 | $119K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| NAPA WEALTH MANAGEMENT trimmed | 22,632 | $841K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Moloney Securities Asset Management, LLC added | 15,610 | $580K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Parkside Financial Bank & Trust new | 1,500 | $56K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| GPS Wealth Strategies Group, LLC | 300 | $11K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Integrated Wealth Concepts LLC new | 27,375 | $984K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| PRIVATE TRUST CO NA new | 860 | $31K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| JONES FINANCIAL COMPANIES LLLP new | 409 | $15K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.