Who owns TFI
Which tracked institutional funds hold TFI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TFI company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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
66 tracked funds added or opened TFI while 41 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
TFI’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes TFI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in TFI 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 322 tracked filers holding TFI, 164 increased or opened the position and 124 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 TFI 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 8
- Logan Stone Capital, LLC$4M
- Elequin Capital, LP$3M
- Tower Research Capital LLC (TRC)$3M
- A4 Wealth Advisors LLC$2M
- Quadrant Private Wealth Management, LLC$2M
- Global Retirement Partners, LLC$1M
Full exits 13
- Betterment LLC$524M
- Cambridge Investment Research Advisors, Inc.$10M
- HighTower Advisors, LLC$9M
- Tenret Co LLC$6M
- Advisors Preferred, LLC$5M
- Northeast Financial Group, Inc.$3M
Largest adds
- JPMORGAN CHASE & CO$22M
- BANK OF AMERICA CORP /DE/$17M
- Arax Advisory Partners$16M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$14M
- ENVESTNET ASSET MANAGEMENT INC$13M
- WELLS FARGO & COMPANY/MN$12M
Largest trims
- IHT Wealth Management, LLC$55M
- MORGAN STANLEY$30M
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$11M
- Fisher Asset Management, LLC$5M
- BANK OF MONTREAL /CAN/$5M
- McAdam, LLC$3M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 8,827,168 | $404M | 18.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 5,815,223 | $266M | 12.0% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 2,935,958 | $134M | 6.1% | 2026-Q2 |
| UBS Group AG added | 2,525,765 | $116M | 5.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 2,450,023 | $112M | 5.1% | 2026-Q2 |
| Fisher Asset Management, LLC trimmed | 2,325,206 | $106M | 4.8% | 2026-Q2 |
| LPL Financial LLC added | 1,784,663 | $82M | 3.7% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 1,538,717 | $70M | 3.2% | 2026-Q2 |
| Arax Advisory Partners added | 1,348,815 | $62M | 2.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,173,043 | $54M | 2.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,112,505 | $51M | 2.3% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. added | 1,028,763 | $47M | 2.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1,003,300 | $46M | 2.1% | 2026-Q2 |
| Cerity Partners LLC added | 973,365 | $45M | 2.0% | 2026-Q2 |
| Financial Engines Advisors L.L.C. added | 765,849 | $35M | 1.6% | 2026-Q2 |
| ASSETMARK, INC trimmed | 680,591 | $31M | 1.4% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 589,288 | $27M | 1.2% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 514,739 | $24M | 1.1% | 2026-Q2 |
| Wealthcare Advisory Partners LLC trimmed | 487,611 | $22M | 1.0% | 2026-Q2 |
| Foster Group, Inc. trimmed | 468,265 | $21M | 1.0% | 2026-Q2 |
| Revolve Wealth Partners, LLC added | 449,303 | $21M | 0.9% | 2026-Q2 |
| One Capital Management, LLC | 416,214 | $19M | 0.9% | 2026-Q2 |
| OpenArc Corporate Advisory, LLC added | 394,142 | $18M | 0.8% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 382,516 | $18M | 0.8% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 357,460 | $16M | 0.7% | 2026-Q2 |
| TD PRIVATE CLIENT WEALTH LLC added | 350,211 | $16M | 0.7% | 2026-Q2 |
| Dynasty Wealth Management, LLC added | 335,216 | $15M | 0.7% | 2026-Q2 |
| Allworth Financial LP trimmed | 320,319 | $15M | 0.7% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD | 285,800 | $13M | 0.6% | 2026-Q2 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 271,971 | $12M | 0.6% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 235,362 | $11M | 0.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 234,345 | $11M | 0.5% | 2026-Q2 |
| Avidian Wealth Enterprises, LLC added | 206,923 | $9M | 0.4% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 202,055 | $9M | 0.4% | 2026-Q2 |
| Mariner, LLC added | 201,233 | $9M | 0.4% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 187,562 | $9M | 0.4% | 2026-Q2 |
| Keebeck Wealth Management added | 175,357 | $8M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 174,969 | $8M | 0.4% | 2026-Q2 |
| WEALTHCARE CAPITAL MANAGEMENT LLC trimmed | 170,695 | $8M | 0.4% | 2026-Q2 |
| Crestwood Advisors Group, LLC trimmed | 154,646 | $7M | 0.3% | 2026-Q2 |
| TruNorth Capital Management, LLC added | 154,027 | $7M | 0.3% | 2026-Q2 |
| JFS WEALTH ADVISORS, LLC trimmed | 153,591 | $7M | 0.3% | 2026-Q2 |
| SEEDS INVESTOR LLC trimmed | 149,733 | $7M | 0.3% | 2026-Q2 |
| &PARTNERS added | 147,924 | $7M | 0.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 139,786 | $6M | 0.3% | 2026-Q2 |
| Waverly Advisors, LLC added | 133,649 | $6M | 0.3% | 2026-Q2 |
| Cullen/Frost Bankers, Inc. added | 124,708 | $6M | 0.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 122,441 | $6M | 0.3% | 2026-Q2 |
| Wealthspire Advisors, LLC trimmed | 117,063 | $5M | 0.2% | 2026-Q2 |
| MATHER GROUP, LLC. trimmed | 116,324 | $5M | 0.2% | 2026-Q2 |
| Savvy Advisors, Inc. added | 114,540 | $5M | 0.2% | 2026-Q2 |
| COLLECTIVE FAMILY OFFICE LLC trimmed | 112,560 | $5M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 111,420 | $5M | 0.2% | 2026-Q2 |
| Capital Investment Management, Inc. added | 109,860 | $5M | 0.2% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 103,847 | $5M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 95,982 | $4M | 0.2% | 2026-Q2 |
| Ascent Group, LLC added | 94,240 | $4M | 0.2% | 2026-Q2 |
| MANNING & NAPIER ADVISORS LLC added | 91,901 | $4M | 0.2% | 2026-Q2 |
| ASHTON THOMAS SECURITIES, LLC added | 91,788 | $4M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 89,797 | $4M | 0.2% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 86,820 | $4M | 0.2% | 2026-Q2 |
| McAdam, LLC trimmed | 86,268 | $4M | 0.2% | 2026-Q2 |
| Logan Stone Capital, LLC new | 80,122 | $4M | 0.2% | 2026-Q2 |
| Invst, LLC added | 77,279 | $4M | 0.2% | 2026-Q2 |
| Bleakley Financial Group, LLC added | 75,517 | $3M | 0.2% | 2026-Q2 |
| Versant Capital Management, Inc trimmed | 73,964 | $3M | 0.2% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 72,219 | $3M | 0.1% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 71,658 | $3M | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 69,306 | $3M | 0.1% | 2026-Q2 |
| CHOREO, LLC added | 68,608 | $3M | 0.1% | 2026-Q2 |
| Elequin Capital, LP added | 66,250 | $3M | 0.1% | 2026-Q2 |
| Fourth Dimension Wealth, LLC trimmed | 65,728 | $3M | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 63,387 | $3M | 0.1% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 63,076 | $3M | 0.1% | 2026-Q2 |
| HHM Wealth Advisors, LLC trimmed | 62,805 | $3M | 0.1% | 2026-Q2 |
| INTEGRATED CAPITAL MANAGEMENT, INC. trimmed | 61,160 | $3M | 0.1% | 2026-Q2 |
| BlueChip Wealth Advisors LLC added | 60,552 | $3M | 0.1% | 2026-Q2 |
| Aquire Wealth Advisors, LLC trimmed | 60,099 | $3M | 0.1% | 2026-Q2 |
| Towercrest Capital Management trimmed | 55,947 | $3M | 0.1% | 2026-Q2 |
| Johnson Financial Group, LLC added | 53,344 | $2M | 0.1% | 2026-Q2 |
| Steele Capital Management, Inc. trimmed | 52,476 | $2M | 0.1% | 2026-Q2 |
| A4 Wealth Advisors LLC new | 51,827 | $2M | 0.1% | 2026-Q2 |
| FORONJY FINANCIAL LLC added | 50,950 | $2M | 0.1% | 2026-Q2 |
| Vise Technologies, Inc. added | 49,686 | $2M | 0.1% | 2026-Q2 |
| Cornerstone Wealth Management, LLC | 48,237 | $2M | 0.1% | 2026-Q2 |
| SAX WEALTH ADVISORS, LLC added | 47,630 | $2M | 0.1% | 2026-Q2 |
| Advisor OS, LLC added | 47,417 | $2M | 0.1% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 45,615 | $2M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 44,034 | $2M | 0.1% | 2026-Q2 |
| Advus Financial Partners, LLC added | 43,631 | $2M | 0.1% | 2026-Q2 |
| EFG International AG added | 43,134 | $2M | 0.1% | 2026-Q2 |
| CFS Investment Advisory Services, LLC trimmed | 42,619 | $2M | 0.1% | 2026-Q2 |
| Alliance Wealth Management Group trimmed | 41,200 | $2M | 0.1% | 2026-Q2 |
| Quadrant Private Wealth Management, LLC new | 40,439 | $2M | 0.1% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 39,997 | $2M | 0.1% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. added | 38,892 | $2M | 0.1% | 2026-Q2 |
| ShoreHaven Wealth Partners, LLC added | 36,217 | $2M | 0.1% | 2026-Q2 |
| BCGM Wealth Management, LLC added | 35,358 | $2M | 0.1% | 2026-Q2 |
| FMR LLC added | 35,298 | $2M | 0.1% | 2026-Q2 |
| SWS Partners added | 33,631 | $2M | 0.1% | 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.