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Institutional Ownership · SEC Form 13F

Who owns TOWN (TOWN)


Which tracked institutional funds hold TOWN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TOWN 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.

286
Institutional holders
55,693,847
Shares held (tracked funds)

How the tape is positioned

81 tracked funds added or opened TOWN while 45 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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

TOWN’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 TOWN more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in TOWN 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 286 tracked filers holding TOWN, 181 increased or opened the position and 103 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 TOWN 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 26

  • VANGUARD PORTFOLIO MANAGEMENT LLC$164M
  • VANGUARD CAPITAL MANAGEMENT LLC$131M
  • Patriot Financial Partners GP II, L.P.$51M
  • Capital International Investors$37M
  • VANGUARD FIDUCIARY TRUST CO$19M
  • Fourthstone LLC$7M

Full exits 16

  • VANGUARD GROUP INC$249M
  • MILLENNIUM MANAGEMENT LLC$11M
  • Point72 Asset Management, L.P.$6M
  • F/m Investments LLC$3M
  • JANE STREET GROUP, LLC$3M
  • SEIZERT CAPITAL PARTNERS, LLC$2M

Largest adds

  • T. Rowe Price Investment Management, Inc.$104M
  • BlackRock, Inc.$29M
  • JANUS HENDERSON GROUP PLC$19M
  • STATE STREET CORP$15M
  • GEODE CAPITAL MANAGEMENT, LLC$13M
  • FJ Capital Management LLC$13M

Largest trims

  • JPMORGAN CHASE & CO$6M
  • GOLDMAN SACHS GROUP INC$5M
  • UBS Group AG$4M
  • CITADEL ADVISORS LLC$4M
  • MORGAN STANLEY$4M
  • VICTORY CAPITAL MANAGEMENT INC$4M

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).

FundSharesReported value% of valueQuarter
BlackRock, Inc. added6,236,916$210M10.1%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new4,879,334$164M7.9%2026-Q1
T. Rowe Price Investment Management, Inc. added4,595,634$155M7.4%2026-Q1
DIMENSIONAL FUND ADVISORS LP added4,399,012$148M7.1%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new3,895,642$131M6.3%2026-Q1
STATE STREET CORP added2,556,668$87M4.2%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added2,189,461$74M3.5%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed1,976,189$67M3.2%2026-Q1
BROWN ADVISORY INC added1,540,529$52M2.5%2026-Q1
Patriot Financial Partners GP II, L.P. new1,518,143$51M2.5%2026-Q1
JANUS HENDERSON GROUP PLC added1,275,710$43M2.1%2026-Q1
Capital International Investors new1,110,044$37M1.8%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added936,599$32M1.5%2026-Q1
ROYCE & ASSOCIATES LP added795,155$27M1.3%2026-Q1
NORTHERN TRUST CORP added773,818$26M1.3%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed623,214$21M1.0%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed590,319$20M1.0%2026-Q1
FJ Capital Management LLC added559,772$19M0.9%2026-Q1
VANGUARD FIDUCIARY TRUST CO new551,347$19M0.9%2026-Q1
BANK OF AMERICA CORP /DE/ added511,823$17M0.8%2026-Q1
Bank of New York Mellon Corp added504,694$17M0.8%2026-Q1
AMERIPRISE FINANCIAL INC trimmed479,836$16M0.8%2026-Q1
Nuveen, LLC added464,255$16M0.8%2026-Q1
MARSHALL WACE, LLP added455,583$15M0.7%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed442,649$15M0.7%2026-Q1
GOLDMAN SACHS GROUP INC trimmed408,814$14M0.7%2026-Q1
NFJ INVESTMENT GROUP, LLC trimmed408,102$14M0.7%2026-Q1
AMERICAN CENTURY COMPANIES INC trimmed388,428$13M0.6%2026-Q1
Lightrock Netherlands B.V. added332,752$11M0.5%2026-Q1
Qube Research & Technologies Ltd trimmed322,474$11M0.5%2026-Q1
CAPTRUST FINANCIAL ADVISORS added322,242$11M0.5%2026-Q1
Russell Investments Group, Ltd. added313,486$11M0.5%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added303,173$10M0.5%2026-Q1
RAYMOND JAMES FINANCIAL INC added287,955$10M0.5%2026-Q1
Rhino Investment Partners, Inc added287,682$10M0.5%2026-Q1
MORGAN STANLEY trimmed253,159$9M0.4%2026-Q1
Bridgewater Associates, LP added227,497$8M0.4%2026-Q1
Towne Trust Company, N.A trimmed201,876$7M0.3%2026-Q1
JPMORGAN CHASE & CO trimmed202,519$7M0.3%2026-Q1
Fourthstone LLC added200,884$7M0.3%2026-Q1
AQR CAPITAL MANAGEMENT LLC added197,225$7M0.3%2026-Q1
DEPRINCE RACE & ZOLLO INC added189,953$6M0.3%2026-Q1
Swiss National Bank added172,915$6M0.3%2026-Q1
SEI INVESTMENTS CO added172,751$6M0.3%2026-Q1
Clearstead Advisors, LLC added156,809$5M0.3%2026-Q1
De Lisle Partners LLP added144,341$5M0.2%2026-Q1
MBL Wealth, LLC new144,080$5M0.2%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added137,561$5M0.2%2026-Q1
Focus Partners Wealth added130,006$4M0.2%2026-Q1
ALLIANCEBERNSTEIN L.P. added129,642$4M0.2%2026-Q1
MALTESE CAPITAL MANAGEMENT LLC trimmed127,454$4M0.2%2026-Q1
SYSTEMATIC FINANCIAL MANAGEMENT LP new124,547$4M0.2%2026-Q1
CWM, LLC added122,083$4M0.2%2026-Q1
PANAGORA ASSET MANAGEMENT INC trimmed118,150$4M0.2%2026-Q1
Cerity Partners LLC added117,998$4M0.2%2026-Q1
RHUMBLINE ADVISERS added117,044$4M0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added110,471$4M0.2%2026-Q1
DAVENPORT & Co LLC added103,556$3M0.2%2026-Q1
NORGES BANK trimmed100,976$3M0.2%2026-Q1
Invesco Ltd. added97,738$3M0.2%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added96,847$3M0.2%2026-Q1
TWO SIGMA INVESTMENTS, LP added94,045$3M0.2%2026-Q1
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed93,489$3M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new88,250$3M0.1%2026-Q1
Concurrent Investment Advisors, LLC added87,672$3M0.1%2026-Q1
Emerald Investment Advisers, LLC new86,568$3M0.1%2026-Q1
FRANKLIN RESOURCES INC added85,800$3M0.1%2026-Q1
ENDEAVOUR CAPITAL ADVISORS INC added85,706$3M0.1%2026-Q1
Fieldview Capital Management, LLC new82,283$3M0.1%2026-Q1
UBS Group AG trimmed81,849$3M0.1%2026-Q1
GUGGENHEIM CAPITAL LLC trimmed77,611$3M0.1%2026-Q1
Legal & General Group Plc trimmed77,559$3M0.1%2026-Q1
FIRST TRUST ADVISORS LP added76,470$3M0.1%2026-Q1
DEUTSCHE BANK AG\ added73,253$2M0.1%2026-Q1
TRUIST FINANCIAL CORP added68,781$2M0.1%2026-Q1
WELLS FARGO & COMPANY/MN trimmed68,308$2M0.1%2026-Q1
State of New Jersey Common Pension Fund D67,150$2M0.1%2026-Q1
MARTINGALE ASSET MANAGEMENT L P trimmed66,260$2M0.1%2026-Q1
BAYVIEW ASSET MANAGEMENT, LLC added63,302$2M0.1%2026-Q1
Rosenthal | Henry Capital Advisors, Inc.62,000$2M0.1%2026-Q1
BARCLAYS PLC trimmed61,748$2M0.1%2026-Q1
CITIGROUP INC trimmed61,094$2M0.1%2026-Q1
Vanguard Global Advisers, LLC new60,523$2M0.1%2026-Q1
ExodusPoint Capital Management, LP trimmed58,331$2M0.1%2026-Q1
Cetera Investment Advisers added57,160$2M0.1%2026-Q1
CITADEL ADVISORS LLC trimmed56,642$2M0.1%2026-Q1
Apella Capital, LLC new50,068$2M0.1%2026-Q1
Verity Asset Management, Inc. added52,245$2M0.1%2026-Q1
VANGUARD GROUP INC trimmed7,461,680$249M12.0%2025-Q4 stale
MILLENNIUM MANAGEMENT LLC added329,249$11M0.5%2025-Q4 stale
Point72 Asset Management, L.P. added183,490$6M0.3%2025-Q4 stale
BOOTHBAY FUND MANAGEMENT, LLC added157,289$5M0.3%2025-Q3 stale
JACOBS LEVY EQUITY MANAGEMENT, INC trimmed117,905$4M0.2%2025-Q3 stale
Cubist Systematic Strategies, LLC added113,181$4M0.2%2025-Q3 stale
F/m Investments LLC added86,804$3M0.1%2025-Q4 stale
JANE STREET GROUP, LLC trimmed81,297$3M0.1%2025-Q4 stale
PMC FIG Opportunities LLC added70,707$2M0.1%2025-Q3 stale
SEIZERT CAPITAL PARTNERS, LLC trimmed60,265$2M0.1%2025-Q4 stale
EJF Capital LLC trimmed53,821$2M0.1%2025-Q3 stale
AlphaQuest LLC added53,128$2M0.1%2025-Q4 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.

HoldersTotal shares

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.

Learn how to read institutional ownership