Who owns ORLA (ORLA)
Which tracked institutional funds hold ORLA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ORLA 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
87 tracked funds added or opened ORLA while 35 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
ORLA’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 ORLA 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 195 tracked filers holding ORLA, 120 increased or opened the position and 83 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 ORLA 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 23
- VANGUARD CAPITAL MANAGEMENT LLC$140M
- VANGUARD FIDUCIARY TRUST CO$42M
- Vanguard Global Advisers, LLC$15M
- Hillsdale Investment Management Inc.$7M
- VANGUARD ASSET MANAGEMENT, Ltd$5M
- U S GLOBAL INVESTORS INC$4M
Full exits 16
- VANGUARD GROUP INC$75M
- NORGES BANK$35M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$16M
- Walleye Capital LLC$13M
- JANUS HENDERSON GROUP PLC$10M
- Fiera Capital Corp$7M
Largest adds
- FAIRFAX FINANCIAL HOLDINGS LTD/ CAN$78M
- FMR LLC$73M
- VAN ECK ASSOCIATES CORP$69M
- FIL Ltd$41M
- Connor, Clark & Lunn Investment Management Ltd.$35M
- JUPITER ASSET MANAGEMENT LTD$31M
Largest trims
- JANE STREET GROUP, LLC$33M
- BANK OF AMERICA CORP /DE/$20M
- MONTRUSCO BOLTON INVESTMENTS INC.$9M
- CWA Asset Management Group, LLC$8M
- Goehring & Rozencwajg Associates, LLC$8M
- D. E. Shaw & Co., Inc.$7M
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 |
|---|---|---|---|---|
| FMR LLC trimmed | 36,692,571 | $590M | 17.3% | 2026-Q1 |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN | 31,817,229 | $502M | 14.7% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 20,469,129 | $330M | 9.7% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 8,679,825 | $140M | 4.1% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 8,620,685 | $139M | 4.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 8,024,656 | $129M | 3.8% | 2026-Q1 |
| Merk Investments LLC | 6,200,000 | $100M | 2.9% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 5,790,100 | $93M | 2.7% | 2026-Q1 |
| FIL Ltd added | 5,684,595 | $91M | 2.7% | 2026-Q1 |
| Invesco Ltd. added | 4,795,415 | $77M | 2.3% | 2026-Q1 |
| First Eagle Investment Management, LLC trimmed | 4,767,826 | $77M | 2.2% | 2026-Q1 |
| Amundi trimmed | 4,284,459 | $69M | 2.0% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD added | 4,247,267 | $68M | 2.0% | 2026-Q1 |
| TD Asset Management Inc trimmed | 3,451,310 | $55M | 1.6% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 3,140,123 | $50M | 1.5% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 2,839,813 | $46M | 1.3% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 2,641,458 | $42M | 1.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 2,332,034 | $38M | 1.1% | 2026-Q1 |
| CWA Asset Management Group, LLC trimmed | 2,299,644 | $37M | 1.1% | 2026-Q1 |
| GABELLI FUNDS LLC | 1,882,700 | $30M | 0.9% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 1,762,464 | $28M | 0.8% | 2026-Q1 |
| BLI - Banque de Luxembourg Investments | 2,130,000 | $28M | 0.8% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC added | 1,714,700 | $28M | 0.8% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 1,685,547 | $27M | 0.8% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 1,376,799 | $22M | 0.6% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 1,354,061 | $22M | 0.6% | 2026-Q1 |
| Mudita Advisors LLP trimmed | 1,317,600 | $21M | 0.6% | 2026-Q1 |
| Groupe la Francaise added | 1,260,000 | $20M | 0.6% | 2026-Q1 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 1,044,688 | $17M | 0.5% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,001,620 | $16M | 0.5% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 943,110 | $15M | 0.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 729,147 | $15M | 0.4% | 2026-Q1 |
| Euro Pacific Asset Management, LLC added | 872,845 | $14M | 0.4% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 701,087 | $11M | 0.3% | 2026-Q1 |
| Covea Finance trimmed | 642,600 | $10M | 0.3% | 2026-Q1 |
| GROUPAMA ASSET MANAGMENT added | 454,122 | $10M | 0.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 618,648 | $10M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 609,200 | $10M | 0.3% | 2026-Q1 |
| Legal & General Group Plc added | 601,348 | $10M | 0.3% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 479,980 | $8M | 0.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 434,891 | $7M | 0.2% | 2026-Q1 |
| Hillsdale Investment Management Inc. trimmed | 428,780 | $7M | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 401,652 | $6M | 0.2% | 2026-Q1 |
| UBS Group AG trimmed | 384,043 | $6M | 0.2% | 2026-Q1 |
| EDMOND DE ROTHSCHILD HOLDING S.A. added | 363,971 | $6M | 0.2% | 2026-Q1 |
| MONTRUSCO BOLTON INVESTMENTS INC. trimmed | 359,590 | $6M | 0.2% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 350,899 | $6M | 0.2% | 2026-Q1 |
| Financial Sense Advisors, Inc. added | 343,291 | $6M | 0.2% | 2026-Q1 |
| CIBC Asset Management Inc added | 339,782 | $5M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC | 316,166 | $5M | 0.1% | 2026-Q1 |
| PCJ Investment Counsel Ltd. trimmed | 305,180 | $5M | 0.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 291,148 | $5M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 281,040 | $5M | 0.1% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 267,178 | $4M | 0.1% | 2026-Q1 |
| Quadrature Capital Ltd added | 250,064 | $4M | 0.1% | 2026-Q1 |
| Triasima Portfolio Management inc. added | 249,877 | $4M | 0.1% | 2026-Q1 |
| U S GLOBAL INVESTORS INC trimmed | 246,374 | $4M | 0.1% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC trimmed | 235,603 | $4M | 0.1% | 2026-Q1 |
| TORONTO DOMINION BANK added | 233,579 | $4M | 0.1% | 2026-Q1 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 229,708 | $4M | 0.1% | 2026-Q1 |
| Nuveen, LLC | 226,059 | $4M | 0.1% | 2026-Q1 |
| QUATTRO FINANCIAL ADVISORS LLC | 214,015 | $3M | 0.1% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 212,319 | $3M | 0.1% | 2026-Q1 |
| Integrated Quantitative Investments LLC new | 205,642 | $3M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 238,365 | $3M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 169,261 | $3M | 0.1% | 2026-Q1 |
| Goehring & Rozencwajg Associates, LLC trimmed | 161,584 | $3M | 0.1% | 2026-Q1 |
| Man Group plc trimmed | 156,707 | $3M | 0.1% | 2026-Q1 |
| BARCLAYS PLC trimmed | 153,516 | $2M | 0.1% | 2026-Q1 |
| D.A. DAVIDSON & CO. trimmed | 143,915 | $2M | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 138,920 | $2M | 0.1% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed | 131,672 | $2M | 0.1% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 125,141 | $2M | 0.1% | 2026-Q1 |
| GeoSphere Capital Management, LLC trimmed | 124,178 | $2M | 0.1% | 2026-Q1 |
| PKO Investment Management Joint-Stock Co added | 121,748 | $2M | 0.1% | 2026-Q1 |
| SIG North Trading, ULC added | 120,320 | $2M | 0.1% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 118,042 | $2M | 0.1% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL added | 117,380 | $2M | 0.1% | 2026-Q1 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 110,534 | $2M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 5,571,047 | $75M | 2.2% | 2025-Q4 stale |
| NORGES BANK new | 2,584,183 | $35M | 1.0% | 2025-Q4 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,194,066 | $16M | 0.5% | 2025-Q4 stale |
| Walleye Capital LLC added | 997,235 | $13M | 0.4% | 2025-Q4 stale |
| Waratah Capital Advisors Ltd. new | 1,170,554 | $13M | 0.4% | 2025-Q3 stale |
| JANUS HENDERSON GROUP PLC new | 712,500 | $10M | 0.3% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC added | 696,495 | $8M | 0.2% | 2025-Q3 stale |
| StoneX Group Inc. added | 680,335 | $7M | 0.2% | 2025-Q3 stale |
| Fiera Capital Corp trimmed | 539,966 | $7M | 0.2% | 2025-Q4 stale |
| INTACT INVESTMENT MANAGEMENT INC. trimmed | 470,029 | $6M | 0.2% | 2025-Q4 stale |
| Point72 Asset Management, L.P. new | 299,027 | $4M | 0.1% | 2025-Q4 stale |
| AlTi Global, Inc. added | 425,000 | $4M | 0.1% | 2025-Q1 stale |
| HOHIMER WEALTH MANAGEMENT, LLC added | 291,900 | $4M | 0.1% | 2025-Q4 stale |
| Trek Financial, LLC new | 329,375 | $4M | 0.1% | 2025-Q3 stale |
| HRT FINANCIAL LP added | 318,549 | $3M | 0.1% | 2025-Q3 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 291,584 | $3M | 0.1% | 2025-Q3 stale |
| Ninepoint Partners LP added | 222,500 | $3M | 0.1% | 2025-Q4 stale |
| LOUISBOURG INVESTMENTS INC. new | 294,900 | $3M | 0.1% | 2025-Q2 stale |
| Longaeva Partners L.P. new | 225,000 | $2M | 0.1% | 2025-Q3 stale |
| Aquatic Capital Management LLC added | 174,973 | $2M | 0.1% | 2025-Q4 stale |
| Carmignac Gestion new | 179,881 | $2M | 0.1% | 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.