Who owns MLN
Which tracked institutional funds hold MLN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MLN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-21). 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
26 tracked funds added or opened MLN while 23 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
MLN’s largest tracked holder by dollar value, ENVESTNET ASSET MANAGEMENT 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 MLN 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 132 tracked filers holding MLN, 71 increased or opened the position and 67 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 MLN 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 4
- Elequin Capital, LP$2M
- CITADEL ADVISORS LLC$1M
- OLD MISSION CAPITAL LLC$1M
- Legacy Wealth Managment, LLC/ID$1M
Full exits 5
- HighTower Advisors, LLC$13M
- PARK AVENUE SECURITIES LLC$6M
- CX Institutional$6M
- OGOREK ANTHONY JOSEPH /NY/ /ADV$2M
- Private Advisor Group, LLC$598K
Largest adds
- Kestra Investment Management, LLC$14M
- JANE STREET GROUP, LLC$6M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$6M
- MORGAN STANLEY$6M
- BANK OF AMERICA CORP /DE/$4M
- Kestra Advisory Services, LLC$2M
Largest trims
- ENVESTNET ASSET MANAGEMENT INC$9M
- Summit Financial, LLC$5M
- LPL Financial LLC$4M
- STIFEL FINANCIAL CORP$3M
- CONFLUENCE INVESTMENT MANAGEMENT LLC$2M
- BENJAMIN EDWARDS INC$2M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC trimmed | 6,744,514 | $120M | 19.2% | 2026-Q2 |
| Kestra Investment Management, LLC added | 3,967,998 | $71M | 11.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 3,512,008 | $62M | 10.0% | 2026-Q2 |
| LPL Financial LLC trimmed | 2,161,917 | $38M | 6.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,584,685 | $28M | 4.5% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 1,452,386 | $26M | 4.1% | 2026-Q2 |
| Bramshill Investments, LLC trimmed | 1,244,176 | $22M | 3.5% | 2026-Q2 |
| MORGAN STANLEY added | 1,083,762 | $19M | 3.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 912,106 | $16M | 2.6% | 2026-Q2 |
| Willis Johnson & Associates, Inc. added | 763,819 | $14M | 2.2% | 2026-Q2 |
| Tortoise Investment Management, LLC added | 634,387 | $11M | 1.8% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 588,510 | $10M | 1.7% | 2026-Q2 |
| Hennion & Walsh Asset Management, Inc. added | 586,281 | $10M | 1.7% | 2026-Q2 |
| ABLE Financial Group, LLC trimmed | 576,062 | $10M | 1.6% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 517,835 | $9M | 1.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 515,184 | $9M | 1.5% | 2026-Q2 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 508,751 | $9M | 1.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 480,404 | $9M | 1.4% | 2026-Q2 |
| Manhattan West Asset Management, LLC trimmed | 466,030 | $8M | 1.3% | 2026-Q2 |
| Cyndeo Wealth Partners, LLC added | 438,155 | $8M | 1.2% | 2026-Q2 |
| Keystone Financial Group added | 413,409 | $7M | 1.2% | 2026-Q2 |
| NICOLET BANKSHARES INC trimmed | 372,507 | $7M | 1.1% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 301,474 | $5M | 0.9% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 281,063 | $5M | 0.8% | 2026-Q2 |
| Westside Investment Management, Inc. added | 270,643 | $5M | 0.8% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 235,269 | $4M | 0.7% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 234,097 | $4M | 0.7% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 216,993 | $4M | 0.6% | 2026-Q2 |
| Total Clarity Wealth Management, Inc. added | 158,435 | $3M | 0.5% | 2026-Q2 |
| Waverly Advisors, LLC added | 155,190 | $3M | 0.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 147,880 | $3M | 0.4% | 2026-Q2 |
| UBS Group AG trimmed | 142,010 | $3M | 0.4% | 2026-Q2 |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors added | 127,915 | $2M | 0.4% | 2026-Q2 |
| OLD NATIONAL BANCORP /IN/ added | 123,990 | $2M | 0.4% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 115,524 | $2M | 0.3% | 2026-Q2 |
| White & Co Financial Planning Inc added | 114,023 | $2M | 0.3% | 2026-Q2 |
| NewEdge Wealth, LLC added | 109,265 | $2M | 0.3% | 2026-Q2 |
| AE Wealth Management LLC trimmed | 108,628 | $2M | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 102,010 | $2M | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 97,487 | $2M | 0.3% | 2026-Q2 |
| Elequin Capital, LP added | 97,300 | $2M | 0.3% | 2026-Q2 |
| Summit Financial, LLC trimmed | 94,076 | $2M | 0.3% | 2026-Q2 |
| Balance Wealth Partners LLC added | 91,063 | $2M | 0.3% | 2026-Q2 |
| Tennessee Valley Asset Management Partners added | 87,127 | $2M | 0.2% | 2026-Q2 |
| BARTLETT & CO. WEALTH MANAGEMENT LLC trimmed | 85,610 | $2M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 80,680 | $1M | 0.2% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. trimmed | 79,300 | $1M | 0.2% | 2026-Q2 |
| OLD MISSION CAPITAL LLC new | 78,095 | $1M | 0.2% | 2026-Q2 |
| BENJAMIN EDWARDS INC trimmed | 70,351 | $1M | 0.2% | 2026-Q2 |
| Legacy Wealth Managment, LLC/ID new | 70,120 | $1M | 0.2% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 69,245 | $1M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 64,039 | $1M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 61,972 | $1M | 0.2% | 2026-Q2 |
| FOCUS Wealth Advisors, LLC added | 61,535 | $1M | 0.2% | 2026-Q2 |
| CreativeOne Wealth, LLC trimmed | 59,359 | $1M | 0.2% | 2026-Q2 |
| Meadowbrook Advisors Group, LLC trimmed | 57,782 | $1M | 0.2% | 2026-Q2 |
| Cresset Asset Management, LLC added | 56,756 | $1M | 0.2% | 2026-Q2 |
| McAdam, LLC trimmed | 56,118 | $998K | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 55,790 | $992K | 0.2% | 2026-Q2 |
| Invst, LLC trimmed | 53,020 | $943K | 0.2% | 2026-Q2 |
| World Investment Advisors trimmed | 52,351 | $928K | 0.1% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 51,847 | $922K | 0.1% | 2026-Q2 |
| Allworth Financial LP trimmed | 51,059 | $908K | 0.1% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 49,380 | $878K | 0.1% | 2026-Q2 |
| Baker Avenue Asset Management, LP added | 46,369 | $824K | 0.1% | 2026-Q2 |
| Elmwood Wealth Management, Inc. added | 45,985 | $818K | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 45,190 | $803K | 0.1% | 2026-Q2 |
| Hedeker Wealth, LLC trimmed | 43,644 | $776K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 41,760 | $743K | 0.1% | 2026-Q2 |
| MUSTICO FINANCIAL GROUP, INC. added | 40,209 | $699K | 0.1% | 2026-Q2 |
| WBH ADVISORY INC trimmed | 38,442 | $683K | 0.1% | 2026-Q2 |
| Hyundai Investments Co., Ltd. added | 38,280 | $682K | 0.1% | 2026-Q2 |
| CFO4Life Group, LLC | 35,830 | $637K | 0.1% | 2026-Q2 |
| Ausdal Financial Partners, Inc. trimmed | 34,106 | $606K | 0.1% | 2026-Q2 |
| IFP Advisors, Inc added | 32,680 | $581K | 0.1% | 2026-Q2 |
| Vise Technologies, Inc. added | 29,853 | $531K | 0.1% | 2026-Q2 |
| Fourth Dimension Wealth, LLC trimmed | 29,314 | $521K | 0.1% | 2026-Q2 |
| CAP Partners, LLC added | 28,759 | $511K | 0.1% | 2026-Q2 |
| Code Waechter LLC | 24,739 | $440K | 0.1% | 2026-Q2 |
| Diversify Advisory Services, LLC added | 20,162 | $352K | 0.1% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC added | 20,162 | $352K | 0.1% | 2026-Q2 |
| CHOREO, LLC added | 19,900 | $354K | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 19,443 | $346K | 0.1% | 2026-Q2 |
| Gladstone Institutional Advisory LLC added | 17,200 | $306K | 0.0% | 2026-Q2 |
| Rehmann Capital Advisory Group added | 17,092 | $304K | 0.0% | 2026-Q2 |
| RDA Financial Network trimmed | 16,250 | $289K | 0.0% | 2026-Q2 |
| BlackRock, Inc. added | 14,334 | $255K | 0.0% | 2026-Q2 |
| Meridian Wealth Management, LLC added | 13,917 | $247K | 0.0% | 2026-Q2 |
| Capital Advisors Wealth Management, LLC trimmed | 13,116 | $233K | 0.0% | 2026-Q2 |
| WEST MICHIGAN ADVISORS, LLC trimmed | 13,078 | $233K | 0.0% | 2026-Q2 |
| DAYMARK WEALTH PARTNERS, LLC new | 12,776 | $227K | 0.0% | 2026-Q2 |
| Strategic Blueprint, LLC trimmed | 12,717 | $226K | 0.0% | 2026-Q2 |
| PRIVATE TRUST CO NA added | 12,611 | $224K | 0.0% | 2026-Q2 |
| Tandem Financial, LLC | 12,371 | $220K | 0.0% | 2026-Q2 |
| B. Riley Wealth Advisors, Inc. new | 11,859 | $211K | 0.0% | 2026-Q2 |
| Concurrent Investment Advisors, LLC trimmed | 11,434 | $203K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 11,200 | $199K | 0.0% | 2026-Q2 |
| SILVERLAKE WEALTH MANAGEMENT LLC new | 10,792 | $192K | 0.0% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. new | 10,760 | $191K | 0.0% | 2026-Q2 |
| GeoWealth Management, LLC trimmed | 10,291 | $183K | 0.0% | 2026-Q2 |
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.