Who owns TFSL (TFSL)
Which tracked institutional funds hold TFSL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TFSL 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
The tracked-fund tape on TFSL is one-sided between 2025-Q4 and 2026-Q1: 42 added or opened and 7 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
TFSL’s largest tracked holder by dollar value, VANGUARD GROUP INC, 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 TFSL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in TFSL 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 217 tracked filers holding TFSL, 131 increased or opened the position and 79 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 TFSL 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 13
- VANGUARD CAPITAL MANAGEMENT LLC$33M
- VANGUARD PORTFOLIO MANAGEMENT LLC$32M
- VANGUARD FIDUCIARY TRUST CO$5M
- ExodusPoint Capital Management, LP$4M
- MANGROVE PARTNERS IM, LLC$2M
- Atom Investors LP$2M
Full exits 2
- VANGUARD GROUP INC$62M
- TWO SIGMA ADVISERS, LP$1M
Largest adds
- STATE STREET CORP$7M
- DIMENSIONAL FUND ADVISORS LP$4M
- BANK OF AMERICA CORP /DE/$4M
- Squarepoint Ops LLC$3M
- Gator Capital Management, LLC$3M
- LAKEWOOD CAPITAL MANAGEMENT, LP$3M
Largest trims
- CITADEL ADVISORS LLC$3M
- BlackRock, Inc.$1M
- CenterBook Partners LP$1M
- Campbell & CO Investment Adviser LLC$953K
- NORGES BANK$438K
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 3,747,526 | $53M | 8.8% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 3,083,792 | $43M | 7.3% | 2026-Q1 |
| LAKEWOOD CAPITAL MANAGEMENT, LP added | 2,835,382 | $40M | 6.7% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 2,549,491 | $36M | 6.0% | 2026-Q1 |
| STATE STREET CORP added | 2,362,081 | $33M | 5.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,355,001 | $33M | 5.6% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 2,316,081 | $33M | 5.5% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,287,389 | $32M | 5.4% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,868,620 | $26M | 4.4% | 2026-Q1 |
| CRAMER ROSENTHAL MCGLYNN LLC added | 1,177,638 | $17M | 2.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,172,893 | $16M | 2.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,009,309 | $14M | 2.4% | 2026-Q1 |
| MORGAN STANLEY added | 796,573 | $11M | 1.9% | 2026-Q1 |
| Gator Capital Management, LLC added | 687,800 | $10M | 1.6% | 2026-Q1 |
| UBS Group AG added | 685,771 | $10M | 1.6% | 2026-Q1 |
| Squarepoint Ops LLC added | 448,714 | $6M | 1.1% | 2026-Q1 |
| Quantinno Capital Management LP added | 405,322 | $6M | 1.0% | 2026-Q1 |
| NORGES BANK trimmed | 388,227 | $5M | 0.8% | 2026-Q1 |
| Beverly Hills Private Wealth, LLC added | 326,832 | $5M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 323,361 | $5M | 0.8% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 322,384 | $5M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 310,388 | $4M | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 293,167 | $4M | 0.7% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 276,987 | $4M | 0.7% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 273,381 | $4M | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 248,372 | $3M | 0.6% | 2026-Q1 |
| Clearstead Advisors, LLC trimmed | 242,040 | $3M | 0.6% | 2026-Q1 |
| Pathstone Holdings, LLC trimmed | 224,189 | $3M | 0.5% | 2026-Q1 |
| Kestra Investment Management, LLC trimmed | 203,968 | $3M | 0.5% | 2026-Q1 |
| Nuveen, LLC added | 166,624 | $2M | 0.4% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 164,185 | $2M | 0.4% | 2026-Q1 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 161,342 | $2M | 0.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 144,306 | $2M | 0.3% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 134,354 | $2M | 0.3% | 2026-Q1 |
| MANGROVE PARTNERS IM, LLC new | 129,642 | $2M | 0.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 125,586 | $2M | 0.3% | 2026-Q1 |
| Invesco Ltd. added | 118,660 | $2M | 0.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 124,079 | $2M | 0.3% | 2026-Q1 |
| Sage Investment Counsel LLC added | 116,921 | $2M | 0.3% | 2026-Q1 |
| CITIGROUP INC added | 112,608 | $2M | 0.3% | 2026-Q1 |
| Atom Investors LP trimmed | 112,265 | $2M | 0.3% | 2026-Q1 |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 104,438 | $2M | 0.3% | 2026-Q1 |
| Swiss National Bank | 110,700 | $2M | 0.3% | 2026-Q1 |
| Corient Private Wealth LLC added | 105,144 | $1M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 100,168 | $1M | 0.2% | 2026-Q1 |
| Creative Planning trimmed | 92,995 | $1M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 92,864 | $1M | 0.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 83,830 | $1M | 0.2% | 2026-Q1 |
| Vision Capital Management, Inc. trimmed | 80,055 | $1M | 0.2% | 2026-Q1 |
| Rafferty Asset Management, LLC added | 77,976 | $1M | 0.2% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 76,596 | $1M | 0.2% | 2026-Q1 |
| AXQ CAPITAL, LP added | 73,231 | $1M | 0.2% | 2026-Q1 |
| Summit Trail Advisors, LLC added | 65,089 | $914K | 0.2% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 65,051 | $914K | 0.2% | 2026-Q1 |
| Brevan Howard Capital Management LP new | 58,121 | $817K | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 54,509 | $766K | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 53,764 | $755K | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 53,323 | $749K | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 53,118 | $746K | 0.1% | 2026-Q1 |
| Jump Financial, LLC added | 52,967 | $744K | 0.1% | 2026-Q1 |
| Brooklyn Investment Group added | 52,696 | $740K | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 50,804 | $714K | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 51,150 | $712K | 0.1% | 2026-Q1 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC added | 49,327 | $693K | 0.1% | 2026-Q1 |
| Frank, Rimerman Advisors LLC | 47,067 | $661K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 46,928 | $659K | 0.1% | 2026-Q1 |
| Focus Partners Wealth trimmed | 46,678 | $656K | 0.1% | 2026-Q1 |
| Sequoia Financial Advisors, LLC added | 45,418 | $638K | 0.1% | 2026-Q1 |
| Harbor Advisors LLC | 42,260 | $594K | 0.1% | 2026-Q1 |
| SG Americas Securities, LLC trimmed | 39,408 | $554K | 0.1% | 2026-Q1 |
| BARCLAYS PLC added | 38,965 | $547K | 0.1% | 2026-Q1 |
| Maridea Wealth Management LLC trimmed | 38,715 | $544K | 0.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 37,855 | $532K | 0.1% | 2026-Q1 |
| Meeder Advisory Services, Inc. added | 36,939 | $519K | 0.1% | 2026-Q1 |
| Inspire Investing, LLC added | 36,592 | $514K | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 35,249 | $502K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 34,797 | $489K | 0.1% | 2026-Q1 |
| CenterBook Partners LP trimmed | 33,064 | $465K | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 32,354 | $455K | 0.1% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 31,970 | $449K | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 31,957 | $449K | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co added | 30,632 | $431K | 0.1% | 2026-Q1 |
| SIMPLEX TRADING, LLC added | 30,423 | $427K | 0.1% | 2026-Q1 |
| Parallel Advisors, LLC added | 29,957 | $421K | 0.1% | 2026-Q1 |
| Stratos Wealth Partners, LTD. added | 29,486 | $414K | 0.1% | 2026-Q1 |
| Avise Financial Cooperative, Inc. added | 28,370 | $399K | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 26,715 | $367K | 0.1% | 2026-Q1 |
| CAPSTONE INVESTMENT ADVISORS, LLC added | 25,668 | $361K | 0.1% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC | 24,830 | $349K | 0.1% | 2026-Q1 |
| HB Wealth Management, LLC added | 24,735 | $348K | 0.1% | 2026-Q1 |
| GATEWAY INVESTMENT ADVISERS LLC new | 24,106 | $339K | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 4,600,507 | $62M | 10.3% | 2025-Q4 stale |
| FJ Capital Management LLC added | 362,562 | $4M | 0.8% | 2025-Q1 stale |
| TWO SIGMA ADVISERS, LP trimmed | 95,372 | $1M | 0.2% | 2025-Q4 stale |
| Verition Fund Management LLC added | 51,857 | $683K | 0.1% | 2025-Q3 stale |
| Engineers Gate Manager LP trimmed | 39,947 | $517K | 0.1% | 2025-Q2 stale |
| Versor Investments LP added | 36,200 | $449K | 0.1% | 2025-Q1 stale |
| AlphaQuest LLC added | 29,794 | $399K | 0.1% | 2025-Q4 stale |
| MARSHALL WACE, LLP new | 28,239 | $350K | 0.1% | 2025-Q1 stale |
| Qube Research & Technologies Ltd trimmed | 26,201 | $339K | 0.1% | 2025-Q2 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.