Who owns MLR
Which tracked institutional funds hold MLR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MLR company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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
47 tracked funds added or opened MLR while 19 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
MLR’s largest tracked holder by dollar value, FMR LLC, 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 MLR 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 141 tracked filers holding MLR, 75 increased or opened the position and 71 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 MLR 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
- NORGES BANK$2M
- EASTERLY INVESTMENT PARTNERS LLC$1M
- Man Group plc$1M
- STRS OHIO$742K
Full exits 8
- Invenomic Capital Management LP$5M
- JANE STREET GROUP, LLC$2M
- HRT FINANCIAL LP$1M
- RENAISSANCE TECHNOLOGIES LLC$1M
- Olstein Capital Management, L.P.$979K
- Squarepoint Ops LLC$771K
Largest adds
- BlackRock, Inc.$16M
- AMERICAN CENTURY COMPANIES INC$12M
- FMR LLC$12M
- NEUBERGER BERMAN GROUP LLC$8M
- DIMENSIONAL FUND ADVISORS LP$4M
- SYSTEMATIC FINANCIAL MANAGEMENT LP$3M
Largest trims
- Qube Research & Technologies Ltd$3M
- TWO SIGMA INVESTMENTS, LP$3M
- MILLENNIUM MANAGEMENT LLC$2M
- SEI INVESTMENTS CO$1M
- BANK OF AMERICA CORP /DE/$870K
- TUDOR INVESTMENT CORP ET AL$609K
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 |
|---|---|---|---|---|
| FMR LLC added | 1,327,501 | $68M | 12.7% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 1,129,422 | $58M | 10.8% | 2026-Q2 |
| BlackRock, Inc. added | 1,029,544 | $53M | 9.8% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 692,675 | $35M | 6.6% | 2026-Q2 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 518,661 | $27M | 5.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 488,104 | $25M | 4.7% | 2026-Q2 |
| SYSTEMATIC FINANCIAL MANAGEMENT LP added | 461,036 | $24M | 4.4% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 309,465 | $16M | 3.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 304,998 | $16M | 2.9% | 2026-Q2 |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC trimmed | 295,912 | $15M | 2.8% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 288,510 | $15M | 2.8% | 2026-Q2 |
| STATE STREET CORP added | 251,265 | $13M | 2.4% | 2026-Q2 |
| MORGAN STANLEY added | 208,995 | $11M | 2.0% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 180,210 | $9M | 1.7% | 2026-Q2 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. added | 153,070 | $8M | 1.5% | 2026-Q2 |
| HEARTLAND ADVISORS INC added | 150,000 | $8M | 1.4% | 2026-Q2 |
| Pacific Ridge Capital Partners, LLC trimmed | 135,738 | $7M | 1.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 117,001 | $6M | 1.1% | 2026-Q2 |
| Azarias Capital Management, L.P. trimmed | 109,926 | $6M | 1.1% | 2026-Q2 |
| Diversified Investment Strategies, LLC trimmed | 106,870 | $5M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP added | 106,337 | $5M | 1.0% | 2026-Q2 |
| ROYCE & ASSOCIATES LP trimmed | 104,861 | $5M | 1.0% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 93,807 | $5M | 0.9% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 91,814 | $5M | 0.9% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 81,309 | $4M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 76,173 | $4M | 0.7% | 2026-Q2 |
| ISTHMUS PARTNERS, LLC added | 73,042 | $4M | 0.7% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 71,327 | $4M | 0.7% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 69,971 | $4M | 0.7% | 2026-Q2 |
| CITIGROUP INC trimmed | 66,914 | $3M | 0.6% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 64,210 | $3M | 0.6% | 2026-Q2 |
| Uncommon Cents Investing LLC trimmed | 64,113 | $3M | 0.6% | 2026-Q2 |
| North Star Investment Management Corp. | 61,506 | $3M | 0.6% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 57,397 | $3M | 0.5% | 2026-Q2 |
| DEPRINCE RACE & ZOLLO INC trimmed | 56,878 | $3M | 0.5% | 2026-Q2 |
| Quantinno Capital Management LP added | 48,953 | $3M | 0.5% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 47,681 | $2M | 0.5% | 2026-Q2 |
| Empowered Funds, LLC added | 45,188 | $2M | 0.4% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 44,064 | $2M | 0.4% | 2026-Q2 |
| NORGES BANK added | 37,800 | $2M | 0.4% | 2026-Q2 |
| GHP Investment Advisors, Inc. trimmed | 33,103 | $2M | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 32,815 | $2M | 0.3% | 2026-Q2 |
| UBS Group AG added | 32,792 | $2M | 0.3% | 2026-Q2 |
| MARTINGALE ASSET MANAGEMENT L P added | 31,731 | $2M | 0.3% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 28,884 | $1M | 0.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 28,727 | $1M | 0.3% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 27,500 | $1M | 0.3% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL trimmed | 27,287 | $1M | 0.3% | 2026-Q2 |
| XTX Topco Ltd added | 26,414 | $1M | 0.3% | 2026-Q2 |
| HHM Wealth Advisors, LLC added | 26,070 | $1M | 0.2% | 2026-Q2 |
| RBF Capital, LLC | 25,000 | $1M | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 24,855 | $1M | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 24,262 | $1M | 0.2% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 23,260 | $1M | 0.2% | 2026-Q2 |
| Diamond Hill Capital Management, LLC (Investment Advisor) added | 23,199 | $1M | 0.2% | 2026-Q2 |
| EASTERLY INVESTMENT PARTNERS LLC new | 21,500 | $1M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 21,288 | $1M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 20,935 | $1M | 0.2% | 2026-Q2 |
| Man Group plc added | 20,021 | $1M | 0.2% | 2026-Q2 |
| Invesco Ltd. trimmed | 17,981 | $920K | 0.2% | 2026-Q2 |
| SummerHaven Investment Management, LLC | 16,370 | $837K | 0.2% | 2026-Q2 |
| Creative Planning added | 15,980 | $817K | 0.2% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 15,953 | $816K | 0.2% | 2026-Q2 |
| STRS OHIO added | 14,500 | $742K | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 14,115 | $722K | 0.1% | 2026-Q2 |
| Sovereign's Capital Management, LLC trimmed | 13,847 | $708K | 0.1% | 2026-Q2 |
| BARD ASSOCIATES INC trimmed | 13,797 | $706K | 0.1% | 2026-Q2 |
| FCA CORP /TX | 13,200 | $675K | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 12,858 | $658K | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 12,030 | $615K | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 10,790 | $552K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 10,322 | $528K | 0.1% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 9,893 | $510K | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 9,810 | $447K | 0.1% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 9,743 | $498K | 0.1% | 2026-Q2 |
| ASHFORD CAPITAL MANAGEMENT INC | 9,120 | $466K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 9,113 | $467K | 0.1% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 6,859 | $351K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 6,856 | $351K | 0.1% | 2026-Q2 |
| Mariner, LLC added | 6,342 | $324K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV new | 5,894 | $301K | 0.1% | 2026-Q2 |
| R Squared Ltd added | 5,878 | $301K | 0.1% | 2026-Q2 |
| State of Wyoming added | 5,776 | $295K | 0.1% | 2026-Q2 |
| Sterling Capital Management LLC added | 5,543 | $284K | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 5,424 | $277K | 0.1% | 2026-Q2 |
| COMMERCE BANK | 5,250 | $269K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 5,191 | $272K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 5,096 | $261K | 0.0% | 2026-Q2 |
| IEQ CAPITAL, LLC new | 5,005 | $256K | 0.0% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM added | 4,976 | $255K | 0.0% | 2026-Q2 |
| Lakewood Asset Management LLC added | 4,586 | $235K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC | 4,576 | $234K | 0.0% | 2026-Q2 |
| CV Advisors LLC new | 4,400 | $225K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND | 4,094 | $209K | 0.0% | 2026-Q2 |
| 1620 INVESTMENT ADVISORS, INC. trimmed | 3,995 | $204K | 0.0% | 2026-Q2 |
| LPL Financial LLC new | 3,989 | $204K | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 3,667 | $188K | 0.0% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 3,130 | $160K | 0.0% | 2026-Q2 |
| Legal & General Group Plc trimmed | 1,077 | $55K | 0.0% | 2026-Q2 |
| Ameritas Investment Partners, Inc. | 1,050 | $54K | 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.