Who owns TMS
Which tracked institutional funds hold TMS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TMS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
Conviction spread
TMS’s largest tracked holder by dollar value, Hudson Bay Capital Management LP, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TMS 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
Only one quarter (2026-Q2) of 13F history is available — a quarter-over-quarter accumulation delta needs two.
We do not publish a positioning read for a window we cannot measure honestly. A starting question, not a verdict.
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 |
|---|---|---|---|---|
| Hudson Bay Capital Management LP new | 4,000,000 | $33M | 47.7% | 2026-Q2 |
| StepStone Group LP new | 1,999,971 | $16M | 23.9% | 2026-Q2 |
| Euclidean Capital LLC new | 1,099,974 | $9M | 13.1% | 2026-Q2 |
| Alyeska Investment Group, L.P. new | 543,748 | $4M | 6.5% | 2026-Q2 |
| Round Rock Advisors LLC new | 277,236 | $2M | 3.3% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND new | 276,000 | $2M | 3.3% | 2026-Q2 |
| Cannell & Spears LLC new | 82,525 | $678K | 1.0% | 2026-Q2 |
| K2 PRINCIPAL FUND, L.P. new | 34,254 | $282K | 0.4% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC new | 23,798 | $196K | 0.3% | 2026-Q2 |
| NOTABLE CAPITAL MANAGEMENT, L.L.C. new | 21,207 | $174K | 0.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC new | 16,130 | $133K | 0.2% | 2026-Q2 |
| UBS Group AG new | 1,556 | $13K | 0.0% | 2026-Q2 |
| JNBA Financial Advisors new | 1,025 | $8K | 0.0% | 2026-Q2 |
| MORGAN STANLEY new | 49 | $403 | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO new | 3 | $26 | 0.0% | 2026-Q2 |
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.