Who owns MMU
Which tracked institutional funds hold MMU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MMU company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-20). 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
10 tracked funds added or opened MMU while 8 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
MMU’s largest tracked holder by dollar value, MORGAN STANLEY, 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 MMU more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in MMU 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 99 tracked filers holding MMU, 46 increased or opened the position and 50 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 MMU 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 2
- Wakefield Asset Management LLLP$962K
- Thomas J. Herzfeld Advisors, Inc.$663K
Full exits 4
- Leo Wealth, LLC$3M
- HighTower Advisors, LLC$2M
- PARK AVENUE SECURITIES LLC$2M
- COHEN & STEERS, INC.$545K
Largest adds
- RAYMOND JAMES FINANCIAL INC$2M
- GUGGENHEIM CAPITAL LLC$2M
- Advisors Asset Management, Inc.$1M
- Hennion & Walsh Asset Management, Inc.$1M
- MORGAN STANLEY$1M
- ROBINSON CAPITAL MANAGEMENT, LLC$649K
Largest trims
- 1607 Capital Partners, LLC$5M
- WELLS FARGO & COMPANY/MN$2M
- RIVERNORTH CAPITAL MANAGEMENT, LLC$2M
- Rareview Capital LLC$706K
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 |
|---|---|---|---|---|
| MORGAN STANLEY added | 4,445,352 | $46M | 22.3% | 2026-Q2 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC trimmed | 1,757,452 | $18M | 8.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,689,042 | $18M | 8.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,363,137 | $14M | 6.8% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 1,203,813 | $13M | 6.0% | 2026-Q2 |
| 1607 Capital Partners, LLC trimmed | 851,888 | $9M | 4.3% | 2026-Q2 |
| Advisors Asset Management, Inc. added | 810,327 | $8M | 4.1% | 2026-Q2 |
| ROBINSON CAPITAL MANAGEMENT, LLC added | 716,596 | $7M | 3.6% | 2026-Q2 |
| Hennion & Walsh Asset Management, Inc. added | 614,247 | $6M | 3.1% | 2026-Q2 |
| Allianz Asset Management GmbH | 544,800 | $6M | 2.7% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 460,084 | $5M | 2.3% | 2026-Q2 |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | 333,471 | $3M | 1.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 314,008 | $3M | 1.6% | 2026-Q2 |
| Westview Management dba Westview Investment Advisors trimmed | 294,741 | $3M | 1.5% | 2026-Q2 |
| Rareview Capital LLC trimmed | 273,376 | $3M | 1.3% | 2026-Q2 |
| Invesco Ltd. added | 235,728 | $2M | 1.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 223,405 | $2M | 1.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 162,906 | $2M | 0.8% | 2026-Q2 |
| Fiera Capital Corp trimmed | 150,621 | $2M | 0.8% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 143,824 | $1M | 0.7% | 2026-Q2 |
| LPL Financial LLC added | 141,886 | $1M | 0.7% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 141,406 | $1M | 0.7% | 2026-Q2 |
| UBS Group AG trimmed | 139,039 | $1M | 0.7% | 2026-Q2 |
| MELFA WEALTH MANAGEMENT, INC. trimmed | 104,027 | $1M | 0.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 94,292 | $983K | 0.5% | 2026-Q2 |
| Wakefield Asset Management LLLP new | 92,365 | $962K | 0.5% | 2026-Q2 |
| Nuveen, LLC | 91,512 | $954K | 0.5% | 2026-Q2 |
| Ackerman Capital Advisors, LLC added | 75,138 | $783K | 0.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 67,451 | $703K | 0.3% | 2026-Q2 |
| Summit Trail Advisors, LLC trimmed | 65,304 | $680K | 0.3% | 2026-Q2 |
| Thomas J. Herzfeld Advisors, Inc. new | 63,607 | $663K | 0.3% | 2026-Q2 |
| Chicago Partners Investment Group LLC added | 60,721 | $613K | 0.3% | 2026-Q2 |
| Closed-End Fund Advisors, Inc. trimmed | 53,855 | $561K | 0.3% | 2026-Q2 |
| World Investment Advisors | 54,483 | $560K | 0.3% | 2026-Q2 |
| CHOREO, LLC trimmed | 52,760 | $550K | 0.3% | 2026-Q2 |
| Indiana Trust & Investment Management Co | 50,000 | $521K | 0.3% | 2026-Q2 |
| TITLEIST ASSET MANAGEMENT, LLC added | 48,908 | $510K | 0.2% | 2026-Q2 |
| PFG Investments, LLC trimmed | 46,628 | $486K | 0.2% | 2026-Q2 |
| CARY STREET PARTNERS FINANCIAL LLC trimmed | 46,379 | $483K | 0.2% | 2026-Q2 |
| Compass Financial Group, INC/SD added | 45,013 | $469K | 0.2% | 2026-Q2 |
| Traub Capital Management LLC trimmed | 44,104 | $460K | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 44,143 | $456K | 0.2% | 2026-Q2 |
| BAR HARBOR WEALTH MANAGEMENT | 41,682 | $434K | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 40,406 | $421K | 0.2% | 2026-Q2 |
| Carson Advisory Inc. | 39,604 | $413K | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 37,998 | $396K | 0.2% | 2026-Q2 |
| Rock Point Advisors, LLC trimmed | 37,284 | $388K | 0.2% | 2026-Q2 |
| Fortitude Advisory Group L.L.C. | 31,754 | $331K | 0.2% | 2026-Q2 |
| CAPSTONE CAPITAL LLC | 29,450 | $307K | 0.1% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC added | 28,830 | $300K | 0.1% | 2026-Q2 |
| Merit Financial Group, LLC added | 28,192 | $294K | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 28,130 | $293K | 0.1% | 2026-Q2 |
| MOSAIC FAMILY WEALTH PARTNERS, LLC trimmed | 27,869 | $290K | 0.1% | 2026-Q2 |
| Aviance Capital Partners, LLC trimmed | 27,365 | $285K | 0.1% | 2026-Q2 |
| B. Riley Wealth Advisors, Inc. trimmed | 25,456 | $268K | 0.1% | 2026-Q2 |
| ACCREDITED INVESTOR SERVICES, LLC trimmed | 24,957 | $260K | 0.1% | 2026-Q2 |
| READYSTATE ASSET MANAGEMENT LP new | 24,064 | $251K | 0.1% | 2026-Q2 |
| Stonebrook Private Inc. added | 23,467 | $245K | 0.1% | 2026-Q2 |
| Prospera Financial Services Inc added | 23,201 | $242K | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 23,094 | $241K | 0.1% | 2026-Q2 |
| INTEGRATED CAPITAL MANAGEMENT, INC. trimmed | 22,533 | $235K | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC added | 22,338 | $233K | 0.1% | 2026-Q2 |
| Cetera Investment Advisers added | 21,810 | $227K | 0.1% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 20,883 | $218K | 0.1% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC | 20,000 | $208K | 0.1% | 2026-Q2 |
| Cottage Street Advisors LLC | 20,000 | $208K | 0.1% | 2026-Q2 |
| Providence First Trust Co trimmed | 19,603 | $204K | 0.1% | 2026-Q2 |
| RFG Advisory, LLC added | 19,092 | $199K | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC added | 18,384 | $192K | 0.1% | 2026-Q2 |
| NWF Advisory Services Inc. added | 17,900 | $187K | 0.1% | 2026-Q2 |
| Sovereign Financial Group, Inc. added | 17,682 | $184K | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 17,232 | $180K | 0.1% | 2026-Q2 |
| Uniting Wealth Partners, LLC added | 15,065 | $157K | 0.1% | 2026-Q2 |
| Atala Financial Inc | 15,000 | $156K | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 14,046 | $146K | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP | 13,449 | $140K | 0.1% | 2026-Q2 |
| Occidental Asset Management, LLC added | 13,393 | $140K | 0.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 13,330 | $139K | 0.1% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 13,089 | $136K | 0.1% | 2026-Q2 |
| SILVERLAKE WEALTH MANAGEMENT LLC added | 12,043 | $125K | 0.1% | 2026-Q2 |
| Moors & Cabot, Inc. added | 11,894 | $124K | 0.1% | 2026-Q2 |
| Altus Wealth Group LLC | 11,371 | $118K | 0.1% | 2026-Q2 |
| Baird Financial Group, Inc. | 10,703 | $112K | 0.1% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 10,653 | $111K | 0.1% | 2026-Q2 |
| Pinnacle Wealth Planning Services, Inc. added | 9,272 | $97K | 0.0% | 2026-Q2 |
| Mechanics Financial Corp | 6,650 | $69K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 6,401 | $67K | 0.0% | 2026-Q2 |
| US BANCORP \DE\ | 6,000 | $63K | 0.0% | 2026-Q2 |
| Allied Private Wealth LLC new | 5,912 | $61K | 0.0% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added | 3,920 | $41K | 0.0% | 2026-Q2 |
| HOLLENCREST CAPITAL MANAGEMENT trimmed | 3,690 | $38K | 0.0% | 2026-Q2 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC trimmed | 3,083 | $32K | 0.0% | 2026-Q2 |
| Independence Bank of Kentucky | 2,525 | $26K | 0.0% | 2026-Q2 |
| GILL CAPITAL PARTNERS, LLC | 2,251 | $23K | 0.0% | 2026-Q2 |
| WPG Advisers, LLC added | 2,122 | $22K | 0.0% | 2026-Q2 |
| Ascentis Wealth Management, LLC added | 16,942 | $17K | 0.0% | 2026-Q2 |
| HIGHLINE WEALTH PARTNERS LLC | 350 | $4K | 0.0% | 2026-Q2 |
| SOA Wealth Advisors, LLC. | 301 | $3K | 0.0% | 2026-Q2 |
| ASSETMARK, INC new | 17 | $177 | 0.0% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 768,987 | $8M | 3.8% | 2025-Q3 stale (3 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.