Who owns MMSC
Which tracked institutional funds hold MMSC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MMSC 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 MMSC is one-sided between 2026-Q1 and 2026-Q2: 6 added or opened and 2 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
MMSC’s largest tracked holder by dollar value, Trinity Legacy Partners, LLC, sizes it at 2.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in MMSC 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 17 tracked filers holding MMSC, 11 increased or opened the position and 10 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 MMSC 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.
Full exits 2
- Jaffetilchin Investment Partners, LLC$7M
- Cambridge Investment Research Advisors, Inc.$912K
Largest adds
- Cetera Investment Advisers$1M
- MANCHESTER FINANCIAL INC$786K
- OSAIC HOLDINGS, INC.$600K
- COMMONWEALTH EQUITY SERVICES, LLC$565K
- Advisor Resource Council$306K
- Trinity Legacy Partners, LLC$288K
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 |
|---|---|---|---|---|
| Trinity Legacy Partners, LLC trimmed | 441,921 | $12M | 30.3% | 2026-Q2 |
| MANCHESTER FINANCIAL INC trimmed | 230,816 | $7M | 16.7% | 2026-Q2 |
| Cetera Investment Advisers added | 157,170 | $5M | 11.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 58,941 | $2M | 4.3% | 2026-Q2 |
| Brookwood Investment Group LLC trimmed | 47,338 | $1M | 3.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 42,518 | $1M | 3.1% | 2026-Q2 |
| Advisor Resource Council added | 35,025 | $1M | 2.5% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 25,395 | $751K | 1.8% | 2026-Q2 |
| Tidal Investments LLC trimmed | 19,428 | $574K | 1.4% | 2026-Q2 |
| OneDigital Investment Advisors LLC new | 12,315 | $364K | 0.9% | 2026-Q2 |
| Aptus Capital Advisors, LLC added | 8,849 | $262K | 0.6% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 8,345 | $247K | 0.6% | 2026-Q2 |
| Vann Equity Management LLC trimmed | 7,681 | $227K | 0.6% | 2026-Q2 |
| ARVEST INVESTMENTS, INC. added | 2,035 | $60K | 0.1% | 2026-Q2 |
| UBS Group AG trimmed | 129 | $4K | 0.0% | 2026-Q2 |
| VANGUARD ADVISERS INC new | 72 | $2K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 18 | $532 | 0.0% | 2026-Q2 |
| Jaffetilchin Investment Partners, LLC trimmed | 285,312 | $7M | 16.6% | 2026-Q1 stale (1 quarter behind) |
| Cambridge Investment Research Advisors, Inc. trimmed | 38,467 | $912K | 2.2% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC trimmed | 1,065 | $25K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Anfield Capital Management, LLC new | 68 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 26,998 | $646K | 1.6% | 2025-Q4 stale (2 quarters behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 10,005 | $240K | 0.6% | 2025-Q4 stale (2 quarters behind) |
| Kestra Advisory Services, LLC new | 2,086 | $50K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| IFC & Insurance Marketing, Inc. new | 226 | $5K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| JPMORGAN CHASE & CO new | 76 | $2K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Global Wealth Strategies & Associates new | 4 | $96 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CITADEL ADVISORS LLC trimmed | 8,832 | $205K | 0.5% | 2025-Q3 stale (3 quarters behind) |
| CENTAURUS FINANCIAL, INC. new | 7,000 | $163K | 0.4% | 2025-Q3 stale (3 quarters behind) |
| BANK OF MONTREAL /CAN/ | 1,484 | $31K | 0.1% | 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.