Who owns MLI (MLI)
Which tracked institutional funds hold MLI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MLI 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
137 tracked funds added or opened MLI while 176 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
MLI’s largest tracked holder by dollar value, VANGUARD GROUP 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 gap the other way — the median holder sizes MLI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in MLI 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 718 tracked filers holding MLI, 412 increased or opened the position and 305 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 MLI 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 37
- VANGUARD CAPITAL MANAGEMENT LLC$551M
- VANGUARD PORTFOLIO MANAGEMENT LLC$545M
- VANGUARD FIDUCIARY TRUST CO$76M
- VANGUARD ASSET MANAGEMENT, Ltd$9M
- BI Asset Management Fondsmaeglerselskab A/S$7M
- Emerald Investment Advisers, LLC$7M
Full exits 36
- VANGUARD GROUP INC$1.2B
- VIRGINIA RETIREMENT SYSTEMS ET Al$59M
- NATIXIS$33M
- FIL Ltd$19M
- MUFG Securities EMEA plc$15M
- Brandywine Global Investment Management, LLC$9M
Largest adds
- Pictet Asset Management Holding SA$104M
- AQR CAPITAL MANAGEMENT LLC$70M
- PRICE T ROWE ASSOCIATES INC /MD/$55M
- FMR LLC$53M
- Invesco Ltd.$46M
- MILLENNIUM MANAGEMENT LLC$32M
Largest trims
- BlackRock, Inc.$215M
- DIMENSIONAL FUND ADVISORS LP$86M
- BANK OF AMERICA CORP /DE/$76M
- VICTORY CAPITAL MANAGEMENT INC$74M
- Allspring Global Investments Holdings, LLC$53M
- NORGES BANK$53M
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 10,157,760 | $1.1B | 10.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 5,594,217 | $620M | 5.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,974,802 | $551M | 5.0% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 4,922,677 | $545M | 4.9% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 4,876,174 | $536M | 4.9% | 2026-Q1 |
| STATE STREET CORP added | 3,499,899 | $388M | 3.5% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,988,136 | $331M | 3.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 2,259,132 | $250M | 2.3% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 2,183,228 | $242M | 2.2% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added | 2,109,729 | $234M | 2.1% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC trimmed | 2,045,107 | $230M | 2.1% | 2026-Q1 |
| Invesco Ltd. added | 1,949,570 | $216M | 2.0% | 2026-Q1 |
| FMR LLC added | 1,690,864 | $187M | 1.7% | 2026-Q1 |
| Pictet Asset Management Holding SA added | 1,674,939 | $186M | 1.7% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL trimmed | 1,637,510 | $181M | 1.6% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 1,526,767 | $169M | 1.5% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 1,491,113 | $165M | 1.5% | 2026-Q1 |
| LSV ASSET MANAGEMENT trimmed | 1,460,283 | $162M | 1.5% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,281,839 | $142M | 1.3% | 2026-Q1 |
| GABELLI FUNDS LLC trimmed | 1,230,450 | $136M | 1.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,138,152 | $126M | 1.1% | 2026-Q1 |
| NORGES BANK added | 1,559,376 | $119M | 1.1% | 2026-Q1 |
| Bank of New York Mellon Corp added | 1,021,866 | $113M | 1.0% | 2026-Q1 |
| UBS Group AG added | 980,519 | $109M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 927,324 | $103M | 0.9% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 835,313 | $93M | 0.8% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 816,582 | $90M | 0.8% | 2026-Q1 |
| SYSTEMATIC FINANCIAL MANAGEMENT LP trimmed | 784,687 | $87M | 0.8% | 2026-Q1 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added | 702,105 | $78M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 688,821 | $76M | 0.7% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 676,052 | $75M | 0.7% | 2026-Q1 |
| Caisse de depot et placement du Quebec trimmed | 665,373 | $74M | 0.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 665,618 | $72M | 0.7% | 2026-Q1 |
| Vest Financial, LLC added | 635,100 | $70M | 0.6% | 2026-Q1 |
| Fiera Capital Corp added | 609,104 | $67M | 0.6% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 576,235 | $64M | 0.6% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 553,059 | $61M | 0.6% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 443,846 | $49M | 0.4% | 2026-Q1 |
| PALISADE CAPITAL MANAGEMENT, LP trimmed | 438,306 | $49M | 0.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 427,224 | $47M | 0.4% | 2026-Q1 |
| Gotham Asset Management, LLC added | 426,752 | $47M | 0.4% | 2026-Q1 |
| Nuveen, LLC trimmed | 410,121 | $45M | 0.4% | 2026-Q1 |
| OP Asset Management Ltd trimmed | 353,680 | $45M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 381,806 | $42M | 0.4% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 363,559 | $40M | 0.4% | 2026-Q1 |
| LORD, ABBETT & CO. LLC added | 354,177 | $39M | 0.4% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 347,138 | $38M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 341,288 | $38M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 340,822 | $38M | 0.3% | 2026-Q1 |
| BESSEMER GROUP INC trimmed | 333,092 | $37M | 0.3% | 2026-Q1 |
| Epoch Investment Partners, Inc. added | 324,877 | $36M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 310,286 | $34M | 0.3% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 299,523 | $33M | 0.3% | 2026-Q1 |
| DekaBank Deutsche Girozentrale | 295,564 | $33M | 0.3% | 2026-Q1 |
| FRONTIER CAPITAL MANAGEMENT CO LLC added | 282,443 | $31M | 0.3% | 2026-Q1 |
| BARLOW WEALTH PARTNERS, LLC trimmed | 253,567 | $31M | 0.3% | 2026-Q1 |
| IEQ CAPITAL, LLC added | 272,663 | $30M | 0.3% | 2026-Q1 |
| LPL Financial LLC trimmed | 269,282 | $30M | 0.3% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 268,701 | $30M | 0.3% | 2026-Q1 |
| Allianz Asset Management GmbH added | 264,189 | $29M | 0.3% | 2026-Q1 |
| California Public Employees Retirement System added | 253,757 | $28M | 0.3% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 247,671 | $27M | 0.2% | 2026-Q1 |
| Perpetual Ltd trimmed | 241,903 | $27M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 234,944 | $26M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 232,649 | $26M | 0.2% | 2026-Q1 |
| Four Tree Island Advisory LLC added | 228,371 | $25M | 0.2% | 2026-Q1 |
| Arbejdsmarkedets Tillaegspension added | 228,052 | $25M | 0.2% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 213,420 | $24M | 0.2% | 2026-Q1 |
| Tidal Investments LLC added | 211,412 | $23M | 0.2% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 211,157 | $23M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 208,700 | $23M | 0.2% | 2026-Q1 |
| Retirement Systems of Alabama added | 201,264 | $22M | 0.2% | 2026-Q1 |
| Treasurer of the State of North Carolina added | 195,239 | $22M | 0.2% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 188,860 | $21M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 188,679 | $21M | 0.2% | 2026-Q1 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 182,186 | $20M | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 175,678 | $19M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 174,744 | $19M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 165,385 | $19M | 0.2% | 2026-Q1 |
| Empowered Funds, LLC trimmed | 171,079 | $19M | 0.2% | 2026-Q1 |
| WINMILL & CO. INC | 169,280 | $19M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 168,600 | $19M | 0.2% | 2026-Q1 |
| ASSETMARK, INC added | 167,671 | $19M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 167,319 | $19M | 0.2% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC trimmed | 165,963 | $18M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 161,265 | $18M | 0.2% | 2026-Q1 |
| Mariner, LLC added | 160,553 | $18M | 0.2% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P added | 157,681 | $17M | 0.2% | 2026-Q1 |
| Man Group plc trimmed | 155,221 | $17M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 153,023 | $17M | 0.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 152,700 | $17M | 0.2% | 2026-Q1 |
| Venturi Wealth Management, LLC trimmed | 151,980 | $17M | 0.2% | 2026-Q1 |
| VANGUARD GROUP INC added | 10,366,221 | $1.2B | 10.8% | 2025-Q4 stale |
| VIRGINIA RETIREMENT SYSTEMS ET Al trimmed | 514,755 | $59M | 0.5% | 2025-Q4 stale |
| SG Capital Management LLC added | 588,373 | $45M | 0.4% | 2025-Q1 stale |
| NATIXIS added | 283,261 | $33M | 0.3% | 2025-Q4 stale |
| J. Goldman & Co LP added | 331,897 | $26M | 0.2% | 2025-Q2 stale |
| Cubist Systematic Strategies, LLC trimmed | 221,554 | $22M | 0.2% | 2025-Q3 stale |
| FIL Ltd trimmed | 165,299 | $19M | 0.2% | 2025-Q4 stale |
| HRT FINANCIAL LP trimmed | 177,292 | $18M | 0.2% | 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.