Who owns TRU (TRU)
Which tracked institutional funds hold TRU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TRU 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 TRU is one-sided between 2025-Q4 and 2026-Q1: 84 added or opened and 258 trimmed or exited — on balance reducing.
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
TRU’s largest tracked holder by dollar value, MASSACHUSETTS FINANCIAL SERVICES CO /MA/, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TRU 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 558 tracked filers holding TRU, 285 increased or opened the position and 315 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 TRU 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 29
- VANGUARD CAPITAL MANAGEMENT LLC$597M
- VANGUARD PORTFOLIO MANAGEMENT LLC$573M
- Capital International Investors$196M
- VANGUARD FIDUCIARY TRUST CO$83M
- Meridiem Capital Partners LP$59M
- Orbis Allan Gray Ltd$40M
Full exits 50
- VANGUARD GROUP INC$1.6B
- XN LP$150M
- CCLA Investment Management$133M
- WESTFIELD CAPITAL MANAGEMENT CO LP$80M
- FARALLON CAPITAL MANAGEMENT LLC$58M
- PBCay One RSC Ltd$52M
Largest adds
- FMR LLC$278M
- DODGE & COX$276M
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$265M
- CITADEL ADVISORS LLC$204M
- Vulcan Value Partners, LLC$131M
- T. Rowe Price Investment Management, Inc.$104M
Largest trims
- BlackRock, Inc.$489M
- WELLINGTON MANAGEMENT GROUP LLP$247M
- Meritage Group LP$206M
- MORGAN STANLEY$205M
- BESSEMER GROUP INC$188M
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$140M
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 |
|---|---|---|---|---|
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 13,146,925 | $1.6B | 9.3% | 2026-Q1 |
| DODGE & COX added | 16,189,511 | $1.1B | 6.5% | 2026-Q1 |
| BlackRock, Inc. trimmed | 15,532,497 | $1.1B | 6.2% | 2026-Q1 |
| Independent Franchise Partners LLP added | 12,131,944 | $839M | 4.9% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 10,952,962 | $758M | 4.4% | 2026-Q1 |
| FMR LLC added | 9,560,328 | $661M | 3.8% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 8,635,550 | $597M | 3.5% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 8,278,228 | $573M | 3.3% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 7,303,328 | $505M | 2.9% | 2026-Q1 |
| STATE STREET CORP added | 6,940,429 | $480M | 2.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 6,929,853 | $479M | 2.8% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 5,239,016 | $362M | 2.1% | 2026-Q1 |
| Invesco Ltd. added | 3,976,518 | $275M | 1.6% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 3,664,334 | $254M | 1.5% | 2026-Q1 |
| Meritage Group LP trimmed | 3,632,870 | $251M | 1.5% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,612,404 | $249M | 1.4% | 2026-Q1 |
| Ninety One UK Ltd trimmed | 3,547,743 | $245M | 1.4% | 2026-Q1 |
| Vulcan Value Partners, LLC added | 3,207,405 | $222M | 1.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 3,143,309 | $217M | 1.3% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 2,891,187 | $200M | 1.2% | 2026-Q1 |
| Capital International Investors added | 2,828,091 | $196M | 1.1% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,498,573 | $173M | 1.0% | 2026-Q1 |
| Theleme Partners LLP added | 2,316,882 | $160M | 0.9% | 2026-Q1 |
| BESSEMER GROUP INC trimmed | 1,952,940 | $135M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 1,773,621 | $123M | 0.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,692,374 | $113M | 0.7% | 2026-Q1 |
| NORGES BANK added | 1,337,186 | $111M | 0.6% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,604,463 | $110M | 0.6% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 1,532,428 | $106M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,491,932 | $103M | 0.6% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,447,914 | $100M | 0.6% | 2026-Q1 |
| Pictet Asset Management Holding SA trimmed | 1,444,947 | $100M | 0.6% | 2026-Q1 |
| MANNING & NAPIER ADVISORS LLC trimmed | 1,257,357 | $87M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,194,170 | $83M | 0.5% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 1,137,395 | $79M | 0.5% | 2026-Q1 |
| Amundi added | 979,450 | $68M | 0.4% | 2026-Q1 |
| UBS Group AG added | 946,143 | $65M | 0.4% | 2026-Q1 |
| Ilex Capital Partners (UK) LLP added | 909,445 | $63M | 0.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 907,353 | $63M | 0.4% | 2026-Q1 |
| PARNASSUS INVESTMENTS, LLC trimmed | 890,979 | $62M | 0.4% | 2026-Q1 |
| Meridiem Capital Partners LP added | 848,343 | $59M | 0.3% | 2026-Q1 |
| Triple Frond Partners LLC added | 817,828 | $57M | 0.3% | 2026-Q1 |
| Legal & General Group Plc trimmed | 816,547 | $56M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 811,611 | $56M | 0.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 784,513 | $54M | 0.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 746,105 | $52M | 0.3% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 677,652 | $47M | 0.3% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 651,710 | $45M | 0.3% | 2026-Q1 |
| BAMCO INC /NY/ trimmed | 641,179 | $44M | 0.3% | 2026-Q1 |
| Orbis Allan Gray Ltd added | 584,722 | $40M | 0.2% | 2026-Q1 |
| Danica Pension, Livsforsikringsaktieselskab trimmed | 583,135 | $40M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 570,000 | $39M | 0.2% | 2026-Q1 |
| Marathon Asset Management Ltd added | 569,292 | $39M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 537,114 | $37M | 0.2% | 2026-Q1 |
| TD Asset Management Inc trimmed | 509,877 | $35M | 0.2% | 2026-Q1 |
| DIAMOND HILL CAPITAL MANAGEMENT INC added | 491,075 | $34M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP trimmed | 477,322 | $33M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 471,886 | $33M | 0.2% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC trimmed | 469,683 | $32M | 0.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 439,722 | $30M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 429,558 | $30M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 429,447 | $30M | 0.2% | 2026-Q1 |
| Heron Bay Capital Management added | 425,198 | $29M | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 393,818 | $27M | 0.2% | 2026-Q1 |
| Copeland Capital Management, LLC trimmed | 357,685 | $25M | 0.1% | 2026-Q1 |
| Retirement Systems of Alabama added | 350,672 | $24M | 0.1% | 2026-Q1 |
| Homestead Advisers Corp trimmed | 350,213 | $24M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 338,280 | $23M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 334,003 | $23M | 0.1% | 2026-Q1 |
| Sunriver Management LLC trimmed | 331,809 | $23M | 0.1% | 2026-Q1 |
| CIBC Bancorp USA Inc. added | 329,521 | $23M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 245,295 | $21M | 0.1% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 297,016 | $21M | 0.1% | 2026-Q1 |
| UNTITLED INVESTMENTS LP trimmed | 288,538 | $20M | 0.1% | 2026-Q1 |
| WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD added | 268,657 | $19M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 268,570 | $19M | 0.1% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 264,671 | $18M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 18,441,300 | $1.6B | 9.2% | 2025-Q4 stale |
| XN LP trimmed | 1,748,965 | $150M | 0.9% | 2025-Q4 stale |
| CCLA Investment Management trimmed | 1,548,239 | $133M | 0.8% | 2025-Q4 stale |
| Egerton Capital (UK) LLP trimmed | 1,465,050 | $123M | 0.7% | 2025-Q3 stale |
| VIKING GLOBAL INVESTORS LP trimmed | 1,336,984 | $111M | 0.6% | 2025-Q1 stale |
| Southpoint Capital Advisors LP trimmed | 1,100,000 | $92M | 0.5% | 2025-Q3 stale |
| WESTFIELD CAPITAL MANAGEMENT CO LP trimmed | 933,553 | $80M | 0.5% | 2025-Q4 stale |
| STEADFAST CAPITAL MANAGEMENT LP trimmed | 876,300 | $73M | 0.4% | 2025-Q3 stale |
| BALYASNY ASSET MANAGEMENT L.P. added | 830,804 | $73M | 0.4% | 2025-Q2 stale |
| FERNBRIDGE CAPITAL MANAGEMENT LP trimmed | 720,659 | $63M | 0.4% | 2025-Q2 stale |
| Junto Capital Management LP added | 712,775 | $63M | 0.4% | 2025-Q2 stale |
| FARALLON CAPITAL MANAGEMENT LLC trimmed | 675,000 | $58M | 0.3% | 2025-Q4 stale |
| PBCay One RSC Ltd new | 607,938 | $52M | 0.3% | 2025-Q4 stale |
| Spear Holdings RSC Ltd trimmed | 607,934 | $52M | 0.3% | 2025-Q4 stale |
| Point72 Asset Management, L.P. trimmed | 508,400 | $44M | 0.3% | 2025-Q4 stale |
| Crow's Nest Holdings LP trimmed | 357,250 | $30M | 0.2% | 2025-Q3 stale |
| Blackstone Inc. added | 360,000 | $30M | 0.2% | 2025-Q1 stale |
| CIBC Private Wealth Group LLC trimmed | 341,669 | $29M | 0.2% | 2025-Q4 stale |
| Financiere des Professionnels - Fonds d'investissement inc. added | 292,452 | $25M | 0.1% | 2025-Q4 stale |
| Candlestick Capital Management LP trimmed | 269,839 | $22M | 0.1% | 2025-Q1 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 261,400 | $22M | 0.1% | 2025-Q1 stale |
| SCOPIA CAPITAL MANAGEMENT LP trimmed | 236,284 | $20M | 0.1% | 2025-Q4 stale |
| Saraza Management, LP added | 205,000 | $18M | 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.