Who owns TFPM
Which tracked institutional funds hold TFPM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TFPM 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
36 tracked funds added or opened TFPM while 68 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
TFPM’s largest tracked holder by dollar value, Elliott Investment Management L.P., sizes it at 27.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 27.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TFPM 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 213 tracked filers holding TFPM, 125 increased or opened the position and 98 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 TFPM 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 9
- MARSHALL WACE, LLP$5M
- LAZARD ASSET MANAGEMENT LLC$4M
- Jefferies Financial Group Inc.$4M
- Caisse de depot et placement du Quebec$2M
- SEB Asset Management AB$1M
- Graham Capital Management, L.P.$1M
Full exits 22
- Beutel, Goodman & Co Ltd.$41M
- Euro Pacific Asset Management, LLC$18M
- Amundi$17M
- GLOBAL STRATEGIC MANAGEMENT INC$10M
- FIRST TRUST ADVISORS LP$4M
- Trexquant Investment LP$4M
Largest adds
- JPMORGAN CHASE & CO$10M
- TORONTO DOMINION BANK$10M
- NORGES BANK$9M
- GOLDMAN SACHS GROUP INC$9M
- MORGAN STANLEY$8M
- ExodusPoint Capital Management, LP$5M
Largest trims
- Elliott Investment Management L.P.$632M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$55M
- FMR LLC$54M
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$26M
- VAN ECK ASSOCIATES CORP$10M
- STANSBERRY ASSET MANAGEMENT, LLC$8M
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 |
|---|---|---|---|---|
| Elliott Investment Management L.P. trimmed | 133,241,535 | $4.0B | 77.0% | 2026-Q2 |
| FMR LLC trimmed | 4,669,027 | $140M | 2.7% | 2026-Q2 |
| Tidal Investments LLC added | 2,949,715 | $88M | 1.7% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 2,739,672 | $82M | 1.6% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 2,336,139 | $70M | 1.3% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 2,014,146 | $60M | 1.2% | 2026-Q2 |
| WHITEBOX ADVISORS LLC | 1,518,950 | $46M | 0.9% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 1,394,861 | $42M | 0.8% | 2026-Q2 |
| Dixon Mitchell Investment Counsel Inc. added | 1,276,890 | $38M | 0.7% | 2026-Q2 |
| MORGAN STANLEY added | 1,123,761 | $34M | 0.6% | 2026-Q2 |
| Invesco Ltd. added | 1,051,749 | $32M | 0.6% | 2026-Q2 |
| SPROTT INC. trimmed | 1,012,375 | $30M | 0.6% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 978,400 | $29M | 0.6% | 2026-Q2 |
| NORGES BANK trimmed | 971,559 | $29M | 0.6% | 2026-Q2 |
| Nuveen, LLC added | 880,620 | $26M | 0.5% | 2026-Q2 |
| TORONTO DOMINION BANK added | 652,110 | $20M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 621,211 | $19M | 0.4% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 615,321 | $18M | 0.4% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 613,146 | $18M | 0.4% | 2026-Q2 |
| TD Asset Management Inc trimmed | 596,484 | $18M | 0.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 551,082 | $16M | 0.3% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 516,521 | $22M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 510,966 | $15M | 0.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 508,970 | $15M | 0.3% | 2026-Q2 |
| HORIZON KINETICS ASSET MANAGEMENT LLC added | 506,677 | $15M | 0.3% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 472,365 | $14M | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 422,527 | $13M | 0.2% | 2026-Q2 |
| STANSBERRY ASSET MANAGEMENT, LLC trimmed | 414,255 | $12M | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 411,151 | $12M | 0.2% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 386,667 | $12M | 0.2% | 2026-Q2 |
| UBS Group AG added | 290,324 | $9M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 233,584 | $7M | 0.1% | 2026-Q2 |
| Marshall Financial Group, LLC | 231,255 | $7M | 0.1% | 2026-Q2 |
| 1832 Asset Management L.P. trimmed | 207,522 | $6M | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 205,704 | $6M | 0.1% | 2026-Q2 |
| ALPS ADVISORS INC added | 193,633 | $6M | 0.1% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 192,255 | $6M | 0.1% | 2026-Q2 |
| Mountain Lake Investment Management LLC added | 189,488 | $6M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 187,192 | $6M | 0.1% | 2026-Q2 |
| McAlvany Wealth Management LLC added | 175,021 | $5M | 0.1% | 2026-Q2 |
| MARSHALL WACE, LLP added | 174,639 | $5M | 0.1% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 172,727 | $5M | 0.1% | 2026-Q2 |
| U S GLOBAL INVESTORS INC added | 172,000 | $5M | 0.1% | 2026-Q2 |
| SCS Capital Management LLC added | 167,190 | $5M | 0.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 165,768 | $5M | 0.1% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 164,821 | $5M | 0.1% | 2026-Q2 |
| Delaney Capital Management Ltd. trimmed | 145,699 | $4M | 0.1% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 144,909 | $4M | 0.1% | 2026-Q2 |
| Swiss National Bank trimmed | 135,465 | $4M | 0.1% | 2026-Q2 |
| Lummis Asset Management, LP added | 131,121 | $4M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC new | 130,487 | $4M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 129,774 | $4M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 122,568 | $4M | 0.1% | 2026-Q2 |
| Jefferies Financial Group Inc. new | 119,179 | $4M | 0.1% | 2026-Q2 |
| Savant Capital, LLC added | 117,262 | $4M | 0.1% | 2026-Q2 |
| Knoll Capital Management, LLC | 115,000 | $3M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 114,815 | $3M | 0.1% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 109,186 | $3M | 0.1% | 2026-Q2 |
| Jump Financial, LLC added | 106,600 | $3M | 0.1% | 2026-Q2 |
| AGF MANAGEMENT LTD added | 98,056 | $3M | 0.1% | 2026-Q2 |
| Merrion Investment Management Co, LLC | 90,240 | $3M | 0.1% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 86,556 | $3M | 0.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 82,960 | $2M | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 82,282 | $2M | 0.0% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 78,807 | $2M | 0.0% | 2026-Q2 |
| Engineers Gate Manager LP added | 76,961 | $2M | 0.0% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 71,979 | $2M | 0.0% | 2026-Q2 |
| LPL Financial LLC added | 71,710 | $2M | 0.0% | 2026-Q2 |
| CIBC Asset Management Inc added | 70,112 | $2M | 0.0% | 2026-Q2 |
| Caisse de depot et placement du Quebec new | 69,928 | $2M | 0.0% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 69,709 | $2M | 0.0% | 2026-Q2 |
| Bridgewater Associates, LP added | 68,784 | $2M | 0.0% | 2026-Q2 |
| Legal & General Group Plc trimmed | 64,036 | $2M | 0.0% | 2026-Q2 |
| Goehring & Rozencwajg Associates, LLC added | 61,584 | $2M | 0.0% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 58,642 | $2M | 0.0% | 2026-Q2 |
| Arbiter Partners Capital Management LLC | 58,476 | $2M | 0.0% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 57,105 | $2M | 0.0% | 2026-Q2 |
| TD Waterhouse Canada Inc. trimmed | 55,792 | $2M | 0.0% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 55,498 | $2M | 0.0% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 54,769 | $2M | 0.0% | 2026-Q2 |
| Performance Wealth Partners, LLC | 50,531 | $2M | 0.0% | 2026-Q2 |
| Quantbot Technologies LP added | 47,281 | $1M | 0.0% | 2026-Q2 |
| Parvin Asset Management, LLC trimmed | 39,530 | $1M | 0.0% | 2026-Q2 |
| SEB Asset Management AB new | 38,875 | $1M | 0.0% | 2026-Q2 |
| Graham Capital Management, L.P. new | 38,445 | $1M | 0.0% | 2026-Q2 |
| IMC-Chicago, LLC added | 35,328 | $1M | 0.0% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 34,034 | $1M | 0.0% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 33,985 | $1M | 0.0% | 2026-Q2 |
| SEI INVESTMENTS CO added | 33,600 | $1M | 0.0% | 2026-Q2 |
| DRIVE WEALTH MANAGEMENT, LLC added | 32,721 | $981K | 0.0% | 2026-Q2 |
| Ascent Group, LLC added | 31,354 | $940K | 0.0% | 2026-Q2 |
| Vident Advisory, LLC trimmed | 30,705 | $920K | 0.0% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 29,660 | $889K | 0.0% | 2026-Q2 |
| Mariner, LLC added | 28,901 | $866K | 0.0% | 2026-Q2 |
| Public Sector Pension Investment Board | 26,313 | $788K | 0.0% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 26,202 | $785K | 0.0% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 25,487 | $763K | 0.0% | 2026-Q2 |
| Sigma Planning Corp trimmed | 25,013 | $750K | 0.0% | 2026-Q2 |
| Atlas Legacy Advisors, LLC new | 25,000 | $749K | 0.0% | 2026-Q2 |
| AXXCESS WEALTH MANAGEMENT, LLC new | 25,000 | $749K | 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.