Who owns TFS Financial (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-Q2 13F filings (latest filed 2026-09-22). 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 2026-Q1 and 2026-Q2: 58 added or opened and 12 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, BlackRock, 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 2026-Q1 and 2026-Q2, across 224 tracked filers holding TFSL, 121 increased or opened the position and 100 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
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 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 7
- EXCHANGE TRADED CONCEPTS, LLC$7M
- MARSHALL WACE, LLP$2M
- Numerai GP LLC$2M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$889K
- Ethic Inc.$789K
- XTX Topco Ltd$678K
Full exits 4
- MILLENNIUM MANAGEMENT LLC$2M
- BALYASNY ASSET MANAGEMENT L.P.$914K
- Brooklyn Investment Group$740K
- SG Americas Securities, LLC$554K
Largest adds
- BlackRock, Inc.$17M
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$10M
- VANGUARD CAPITAL MANAGEMENT LLC$10M
- DIMENSIONAL FUND ADVISORS LP$9M
- VANGUARD PORTFOLIO MANAGEMENT LLC$8M
- Bank of New York Mellon Corp$7M
Largest trims
- LAKEWOOD CAPITAL MANAGEMENT, LP$3M
- ExodusPoint Capital Management, LP$3M
- UBS Group AG$2M
- NORGES BANK$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$578K
- AXQ CAPITAL, LP$518K
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 |
|---|---|---|---|---|
| BlackRock, Inc. added | 3,916,394 | $69M | 10.6% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 2,962,855 | $52M | 8.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 2,443,618 | $43M | 6.6% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 2,413,092 | $43M | 6.5% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 2,384,391 | $42M | 6.4% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 2,284,772 | $40M | 6.2% | 2026-Q2 |
| STATE STREET CORP trimmed | 2,256,225 | $40M | 6.1% | 2026-Q2 |
| LAKEWOOD CAPITAL MANAGEMENT, LP trimmed | 2,070,382 | $37M | 5.6% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,872,255 | $33M | 5.1% | 2026-Q2 |
| CRAMER ROSENTHAL MCGLYNN LLC trimmed | 1,162,917 | $21M | 3.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 1,156,411 | $20M | 3.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 881,292 | $16M | 2.4% | 2026-Q2 |
| MORGAN STANLEY trimmed | 742,813 | $13M | 2.0% | 2026-Q2 |
| Squarepoint Ops LLC added | 674,075 | $12M | 1.8% | 2026-Q2 |
| Gator Capital Management, LLC trimmed | 556,030 | $10M | 1.5% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 496,877 | $9M | 1.3% | 2026-Q2 |
| Quantinno Capital Management LP added | 484,333 | $9M | 1.3% | 2026-Q2 |
| UBS Group AG trimmed | 437,238 | $8M | 1.2% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC new | 396,738 | $7M | 1.1% | 2026-Q2 |
| Beverly Hills Private Wealth, LLC added | 374,186 | $7M | 1.0% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 339,081 | $6M | 0.9% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 327,788 | $6M | 0.9% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 306,486 | $5M | 0.8% | 2026-Q2 |
| NORTHERN TRUST CORP added | 290,080 | $5M | 0.8% | 2026-Q2 |
| Nuveen, LLC added | 248,974 | $4M | 0.7% | 2026-Q2 |
| Clearstead Advisors, LLC trimmed | 238,605 | $4M | 0.6% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 224,114 | $4M | 0.6% | 2026-Q2 |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 220,402 | $4M | 0.6% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 204,417 | $4M | 0.6% | 2026-Q2 |
| Kestra Investment Management, LLC trimmed | 188,122 | $3M | 0.5% | 2026-Q2 |
| NORGES BANK trimmed | 186,757 | $3M | 0.5% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. added | 170,946 | $3M | 0.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 158,929 | $3M | 0.4% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 158,142 | $3M | 0.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 153,464 | $3M | 0.4% | 2026-Q2 |
| MARSHALL WACE, LLP added | 132,607 | $2M | 0.4% | 2026-Q2 |
| MANGROVE PARTNERS IM, LLC | 129,642 | $2M | 0.4% | 2026-Q2 |
| Atom Investors LP added | 127,365 | $2M | 0.3% | 2026-Q2 |
| Brevan Howard Capital Management LP added | 119,409 | $2M | 0.3% | 2026-Q2 |
| Sage Investment Counsel LLC added | 116,998 | $2M | 0.3% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 111,041 | $2M | 0.3% | 2026-Q2 |
| Corient Private Wealth LP added | 110,168 | $2M | 0.3% | 2026-Q2 |
| Invesco Ltd. trimmed | 109,346 | $2M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 104,200 | $2M | 0.3% | 2026-Q2 |
| Creative Planning added | 104,037 | $2M | 0.3% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 103,170 | $1M | 0.2% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 100,130 | $2M | 0.3% | 2026-Q2 |
| Numerai GP LLC new | 90,482 | $2M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 84,289 | $1M | 0.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 80,979 | $1M | 0.2% | 2026-Q2 |
| Vision Capital Management, Inc. added | 80,493 | $1M | 0.2% | 2026-Q2 |
| CITIGROUP INC trimmed | 76,774 | $1M | 0.2% | 2026-Q2 |
| ExodusPoint Capital Management, LP trimmed | 73,888 | $1M | 0.2% | 2026-Q2 |
| Rafferty Asset Management, LLC trimmed | 64,857 | $1M | 0.2% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 62,790 | $1M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 55,338 | $981K | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 53,118 | $941K | 0.1% | 2026-Q2 |
| MIRABELLA FINANCIAL SERVICES LLP added | 52,911 | $938K | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 52,847 | $936K | 0.1% | 2026-Q2 |
| Summit Trail Advisors, LLC trimmed | 52,445 | $929K | 0.1% | 2026-Q2 |
| Focus Partners Wealth added | 50,931 | $903K | 0.1% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP new | 50,142 | $889K | 0.1% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC added | 49,558 | $878K | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 48,471 | $859K | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 47,642 | $844K | 0.1% | 2026-Q2 |
| Frank, Rimerman Advisors LLC | 47,067 | $834K | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 45,755 | $811K | 0.1% | 2026-Q2 |
| Frec Markets, Inc. added | 45,116 | $799K | 0.1% | 2026-Q2 |
| Ethic Inc. added | 44,507 | $789K | 0.1% | 2026-Q2 |
| Harbor Advisors LLC | 42,260 | $749K | 0.1% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 41,432 | $734K | 0.1% | 2026-Q2 |
| Maridea Wealth Management LLC added | 41,425 | $734K | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 40,989 | $726K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 40,718 | $722K | 0.1% | 2026-Q2 |
| Campbell & CO Investment Adviser LLC added | 39,154 | $694K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 38,667 | $685K | 0.1% | 2026-Q2 |
| Inspire Investing, LLC added | 38,395 | $680K | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 38,239 | $678K | 0.1% | 2026-Q2 |
| Meeder Advisory Services, Inc. trimmed | 36,845 | $653K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 34,021 | $603K | 0.1% | 2026-Q2 |
| Parallel Advisors, LLC added | 33,044 | $586K | 0.1% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 32,269 | $572K | 0.1% | 2026-Q2 |
| Jain Global LLC new | 32,043 | $568K | 0.1% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 31,859 | $565K | 0.1% | 2026-Q2 |
| Avise Financial Cooperative, Inc. added | 31,108 | $551K | 0.1% | 2026-Q2 |
| DARK FOREST CAPITAL MANAGEMENT LP added | 30,958 | $549K | 0.1% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 30,761 | $545K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 30,611 | $543K | 0.1% | 2026-Q2 |
| AXQ CAPITAL, LP trimmed | 28,816 | $511K | 0.1% | 2026-Q2 |
| Caprock Group, LLC added | 26,822 | $475K | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 25,353 | $449K | 0.1% | 2026-Q2 |
| Jupiter Topco LLC new | 24,830 | $440K | 0.1% | 2026-Q2 |
| Kovack Advisors, Inc. new | 24,484 | $437K | 0.1% | 2026-Q2 |
| GATEWAY INVESTMENT ADVISERS LLC | 24,106 | $427K | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 23,192 | $411K | 0.1% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 22,629 | $401K | 0.1% | 2026-Q2 |
| Aquatic Capital Management LLC added | 21,741 | $385K | 0.1% | 2026-Q2 |
| HB Wealth Management, LLC trimmed | 21,541 | $382K | 0.1% | 2026-Q2 |
| FMR LLC added | 21,135 | $375K | 0.1% | 2026-Q2 |
| US BANCORP \DE\ added | 20,922 | $371K | 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.