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Institutional Ownership · SEC Form 13F

Who owns MFSI (MFSI)


Which tracked institutional funds hold MFSI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MFSI 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.

68
Institutional holders
24,421,175
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on MFSI is one-sided between 2025-Q4 and 2026-Q1: 34 added or opened and 8 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

MFSI’s largest tracked holder by dollar value, RAYMOND JAMES FINANCIAL INC, 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 conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in MFSI 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 MFSI, 58 increased or opened the position and 13 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 MFSI 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 10

  • Baird Financial Group, Inc.$13M
  • Jeter Robert S II$8M
  • MML INVESTORS SERVICES, LLC$6M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$6M
  • CITADEL ADVISORS LLC$3M
  • Baer Investment Advisory LLC$3M

Full exits 4

  • NewEdge Advisors, LLC$10M
  • Gladstone Institutional Advisory LLC$2M
  • D.A. DAVIDSON & CO.$695K
  • OLD MISSION CAPITAL LLC$564K

Largest adds

  • LPL Financial LLC$68M
  • RAYMOND JAMES FINANCIAL INC$46M
  • JONES FINANCIAL COMPANIES LLLP$19M
  • BANK OF AMERICA CORP /DE/$16M
  • Integrated Wealth Concepts LLC$15M
  • CMH Wealth Management LLC$14M

Largest trims

  • Annex Advisory Services, LLC$74M
  • Baron Wealth Management LLC$820K
  • OLD SECOND NATIONAL BANK OF AURORA$623K
  • TRUIST FINANCIAL CORP$321K

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).

FundSharesReported value% of valueQuarter
RAYMOND JAMES FINANCIAL INC added4,566,306$136M18.4%2026-Q1
LPL Financial LLC added3,722,274$111M15.0%2026-Q1
JONES FINANCIAL COMPANIES LLLP added1,777,016$51M6.9%2026-Q1
OLD SECOND NATIONAL BANK OF AURORA added1,385,288$41M5.6%2026-Q1
BANK OF AMERICA CORP /DE/ added1,063,600$32M4.3%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC added1,049,543$31M4.2%2026-Q1
Baron Wealth Management LLC trimmed974,446$29M3.9%2026-Q1
Capital Analysts, LLC added864,447$26M3.5%2026-Q1
ROYAL BANK OF CANADA added835,557$25M3.4%2026-Q1
River Street Advisors LLC added701,739$21M2.8%2026-Q1
Cetera Investment Advisers added688,365$20M2.8%2026-Q1
CMH Wealth Management LLC added631,190$19M2.5%2026-Q1
Annex Advisory Services, LLC trimmed587,778$17M2.4%2026-Q1
Integrated Wealth Concepts LLC added519,737$15M2.1%2026-Q1
Soltis Investment Advisors LLC added471,473$14M1.9%2026-Q1
Baird Financial Group, Inc. new431,711$13M1.7%2026-Q1
STIFEL FINANCIAL CORP added392,301$12M1.6%2026-Q1
Spectrum Wealth Advisory Group, LLC added379,635$11M1.5%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added277,637$8M1.1%2026-Q1
Jeter Robert S II new247,357$8M1.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added256,248$8M1.0%2026-Q1
Mariner, LLC added241,064$7M1.0%2026-Q1
DAVENPORT & Co LLC added221,313$7M0.9%2026-Q1
Flaharty Asset Management, LLC added209,354$6M0.8%2026-Q1
MML INVESTORS SERVICES, LLC added203,363$6M0.8%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP new189,151$6M0.8%2026-Q1
JANE STREET GROUP, LLC added188,148$6M0.8%2026-Q1
NATIXIS ADVISORS, LLC added178,420$5M0.7%2026-Q1
Integrity Financial Corp /WA added159,115$5M0.6%2026-Q1
CITADEL ADVISORS LLC added97,864$3M0.4%2026-Q1
VICTORY FINANCIAL GROUP, LLC added85,805$3M0.3%2026-Q1
Baer Investment Advisory LLC new85,805$3M0.3%2026-Q1
MARS JEWETT FINANCIAL GROUP, INC. added80,927$2M0.3%2026-Q1
Greykasell Wealth Strategies, Inc. added76,767$2M0.3%2026-Q1
Private Advisor Group, LLC added69,865$2M0.3%2026-Q1
BENJAMIN EDWARDS INC added59,167$2M0.2%2026-Q1
Kingsview Wealth Management, LLC added50,282$1M0.2%2026-Q1
Janney Montgomery Scott LLC new44,465$1M0.2%2026-Q1
Kestra Advisory Services, LLC added41,439$1M0.2%2026-Q1
Steward Partners Investment Advisory, LLC added33,470$995K0.1%2026-Q1
BOYUM WEALTH ARCHITECTS LLC trimmed28,979$907K0.1%2026-Q1
LEVEL FOUR ADVISORY SERVICES, LLC new25,990$772K0.1%2026-Q1
TRUIST FINANCIAL CORP trimmed21,346$634K0.1%2026-Q1
Fortis Capital Advisors, LLC new18,838$560K0.1%2026-Q1
Belpointe Asset Management LLC new18,838$560K0.1%2026-Q1
Sanctuary Advisors, LLC added18,394$547K0.1%2026-Q1
SMITH, MOORE & CO. trimmed18,263$543K0.1%2026-Q1
MONECO ADVISORS, LLC added16,811$500K0.1%2026-Q1
Apollon Wealth Management, LLC new14,293$425K0.1%2026-Q1
&PARTNERS added11,361$338K0.0%2026-Q1
HRT FINANCIAL LP new10,876$323K0.0%2026-Q1
Gotham Asset Management, LLC added10,068$299K0.0%2026-Q1
Regal Investment Advisors LLC new9,995$297K0.0%2026-Q1
FLOW TRADERS U.S. LLC new9,107$271K0.0%2026-Q1
JM2 Capital Inc. added8,269$246K0.0%2026-Q1
Walleye Partners, LLC8,200$244K0.0%2026-Q1
Lynx Investment Advisory7,000$208K0.0%2026-Q1
Advisory Services Network, LLC new6,667$198K0.0%2026-Q1
Ancora Advisors LLC added5,830$173K0.0%2026-Q1
Provenance Wealth Advisors, LLC new4,954$147K0.0%2026-Q1
MORGAN DEMPSEY CAPITAL MANAGEMENT LLC2,954$88K0.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed2,003$60K0.0%2026-Q1
Spire Wealth Management new1,230$37K0.0%2026-Q1
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC new614$18K0.0%2026-Q1
Walsh & Associates, LLC436$13K0.0%2026-Q1
HARBOUR INVESTMENTS, INC. new352$10K0.0%2026-Q1
Keating Financial Advisory Services, Inc. new39$1K0.0%2026-Q1
Tidemark, LLC new36$1K0.0%2026-Q1
NewEdge Advisors, LLC added313,086$10M1.3%2025-Q4 stale
Gladstone Institutional Advisory LLC new61,517$2M0.3%2025-Q4 stale
D.A. DAVIDSON & CO. trimmed22,811$695K0.1%2025-Q4 stale
OLD MISSION CAPITAL LLC trimmed18,534$564K0.1%2025-Q4 stale
GTS SECURITIES LLC new7,257$221K0.0%2025-Q4 stale
CWM, LLC new2,427$74K0.0%2025-Q4 stale
Northwest Capital Management Inc new2,427$74K0.0%2025-Q4 stale
FIFTH THIRD BANCORP new631$16K0.0%2025-Q1 stale
WELLS FARGO & COMPANY/MN new373$11K0.0%2025-Q2 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%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.

HoldersTotal shares

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.

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