Who owns USMC (USMC)
Which tracked institutional funds hold USMC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See USMC 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
11 tracked funds added or opened USMC while 31 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
USMC’s largest tracked holder by dollar value, PRINCIPAL FINANCIAL GROUP INC, sizes it at 1.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in USMC 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 87 tracked filers holding USMC, 41 increased or opened the position and 49 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 USMC 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 3
- AE Wealth Management LLC$3M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- JANE STREET GROUP, LLC$787K
Full exits 7
- O'Brien Wealth Partners LLC$61M
- TWO SIGMA INVESTMENTS, LP$10M
- Ethos Financial Group, LLC$8M
- Elevation Capital Advisory, LLC$7M
- SILVER OAK SECURITIES, INCORPORATED$2M
- Virtu Financial LLC$2M
Largest adds
- WELLS FARGO & COMPANY/MN$20M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$2M
- ROYAL BANK OF CANADA$2M
- MCDONALD PARTNERS LLC$1M
- JPMORGAN CHASE & CO$698K
- GTS SECURITIES LLC$506K
Largest trims
- PRINCIPAL FINANCIAL GROUP INC$202M
- MERCER GLOBAL ADVISORS INC /ADV$49M
- LPL Financial LLC$27M
- Orion Porfolio Solutions, LLC$18M
- Legacy CG, LLC$16M
- RAYMOND JAMES FINANCIAL INC$10M
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 |
|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP INC trimmed | 30,153,564 | $1.9B | 62.9% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 4,736,954 | $305M | 9.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 4,484,547 | $288M | 9.3% | 2026-Q1 |
| LPL Financial LLC trimmed | 1,076,001 | $69M | 2.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 986,527 | $63M | 2.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 680,091 | $44M | 1.4% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 635,132 | $41M | 1.3% | 2026-Q1 |
| Oasis Advisors, LLC added | 7,114,896 | $19M | 0.6% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 258,390 | $17M | 0.5% | 2026-Q1 |
| Segment Wealth Management, LLC trimmed | 254,893 | $16M | 0.5% | 2026-Q1 |
| Symphony Financial Services, Inc. added | 242,619 | $16M | 0.5% | 2026-Q1 |
| Golden State Wealth Management, LLC added | 209,703 | $13M | 0.4% | 2026-Q1 |
| NewEdge Advisors, LLC trimmed | 100,514 | $13M | 0.4% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 191,884 | $12M | 0.4% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 129,107 | $8M | 0.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 124,879 | $8M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 120,191 | $8M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 117,374 | $8M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 79,794 | $5M | 0.2% | 2026-Q1 |
| Legacy CG, LLC trimmed | 62,166 | $4M | 0.1% | 2026-Q1 |
| Wealth Advisors of Iowa, LLC trimmed | 61,659 | $4M | 0.1% | 2026-Q1 |
| &PARTNERS added | 59,289 | $4M | 0.1% | 2026-Q1 |
| US BANCORP \DE\ added | 53,715 | $3M | 0.1% | 2026-Q1 |
| Capital Investment Advisory Services, LLC trimmed | 52,815 | $3M | 0.1% | 2026-Q1 |
| AE Wealth Management LLC trimmed | 48,218 | $3M | 0.1% | 2026-Q1 |
| Smartleaf Asset Management LLC trimmed | 46,610 | $3M | 0.1% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 43,272 | $3M | 0.1% | 2026-Q1 |
| Jackson Wealth Management, LLC trimmed | 42,599 | $3M | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 39,837 | $3M | 0.1% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 37,930 | $2M | 0.1% | 2026-Q1 |
| CreativeOne Wealth, LLC trimmed | 36,463 | $2M | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 35,533 | $2M | 0.1% | 2026-Q1 |
| GREENWOOD CAPITAL ASSOCIATES LLC added | 35,210 | $2M | 0.1% | 2026-Q1 |
| PMG Wealth Management, Inc. trimmed | 32,931 | $2M | 0.1% | 2026-Q1 |
| Richmond Investment Services, LLC trimmed | 31,877 | $2M | 0.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 28,764 | $2M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 28,054 | $2M | 0.1% | 2026-Q1 |
| MCDONALD PARTNERS LLC added | 27,909 | $2M | 0.1% | 2026-Q1 |
| GTS SECURITIES LLC added | 26,511 | $2M | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 23,843 | $2M | 0.0% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 22,025 | $1M | 0.0% | 2026-Q1 |
| UBS Group AG trimmed | 21,804 | $1M | 0.0% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 19,992 | $1M | 0.0% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 17,050 | $1M | 0.0% | 2026-Q1 |
| Prospera Financial Services Inc added | 16,928 | $1M | 0.0% | 2026-Q1 |
| CITIZENS FINANCIAL GROUP INC/RI added | 16,198 | $1M | 0.0% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC | 12,516 | $805K | 0.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 12,245 | $788K | 0.0% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 12,239 | $787K | 0.0% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 10,991 | $707K | 0.0% | 2026-Q1 |
| Kraft, Davis & Associates, LLC | 9,241 | $651K | 0.0% | 2026-Q1 |
| Cannon Wealth Management Services, LLC trimmed | 9,372 | $603K | 0.0% | 2026-Q1 |
| Gotham Asset Management, LLC added | 9,191 | $591K | 0.0% | 2026-Q1 |
| U.S. Capital Wealth Advisors, LLC | 8,002 | $515K | 0.0% | 2026-Q1 |
| HRT FINANCIAL LP added | 7,327 | $471K | 0.0% | 2026-Q1 |
| Centennial Advisors, LLC new | 7,218 | $464K | 0.0% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL | 6,805 | $438K | 0.0% | 2026-Q1 |
| Stillwater Wealth Management Group trimmed | 6,788 | $437K | 0.0% | 2026-Q1 |
| Advisory Services Network, LLC trimmed | 6,508 | $419K | 0.0% | 2026-Q1 |
| Cornerstone Wealth Management, LLC trimmed | 6,478 | $417K | 0.0% | 2026-Q1 |
| MARSHALL WACE, LLP added | 5,905 | $380K | 0.0% | 2026-Q1 |
| Equitable Holdings, Inc. added | 4,662 | $319K | 0.0% | 2026-Q1 |
| Private Advisor Group, LLC added | 4,955 | $319K | 0.0% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 4,926 | $317K | 0.0% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 4,919 | $316K | 0.0% | 2026-Q1 |
| Cornerstone Planning Group LLC trimmed | 4,251 | $302K | 0.0% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 4,639 | $298K | 0.0% | 2026-Q1 |
| Simplicity Wealth,LLC added | 4,631 | $298K | 0.0% | 2026-Q1 |
| Perennial Investment Advisors, LLC | 4,249 | $273K | 0.0% | 2026-Q1 |
| Independent Advisor Alliance trimmed | 3,319 | $213K | 0.0% | 2026-Q1 |
| ASSETMARK, INC added | 3,206 | $206K | 0.0% | 2026-Q1 |
| Kingdom Financial Group LLC. new | 2,034 | $131K | 0.0% | 2026-Q1 |
| Lloyd Advisory Services, LLC. new | 2,034 | $131K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 1,244 | $80K | 0.0% | 2026-Q1 |
| MARSHALL INVESTMENT MANAGEMENT, LLC trimmed | 1,227 | $79K | 0.0% | 2026-Q1 |
| Versant Capital Management, Inc | 1,200 | $77K | 0.0% | 2026-Q1 |
| CoreCap Advisors, LLC | 500 | $32K | 0.0% | 2026-Q1 |
| ABOUND FINANCIAL, LLC | 418 | $27K | 0.0% | 2026-Q1 |
| O'Brien Wealth Partners LLC trimmed | 893,720 | $61M | 2.0% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC added | 208,248 | $12M | 0.4% | 2025-Q1 stale |
| TWO SIGMA INVESTMENTS, LP added | 141,000 | $10M | 0.3% | 2025-Q4 stale |
| Ethos Financial Group, LLC new | 111,872 | $8M | 0.2% | 2025-Q4 stale |
| Elevation Capital Advisory, LLC trimmed | 101,514 | $7M | 0.2% | 2025-Q4 stale |
| Henderson Brothers Financial Partners, LLC new | 77,575 | $5M | 0.2% | 2025-Q1 stale |
| Systelligence, LLC new | 67,603 | $4M | 0.1% | 2025-Q2 stale |
| AVANTAX ADVISORY SERVICES, INC. added | 46,471 | $3M | 0.1% | 2025-Q2 stale |
| SILVER OAK SECURITIES, INCORPORATED trimmed | 26,687 | $2M | 0.1% | 2025-Q4 stale |
| AMERIFLEX GROUP, INC. added | 25,510 | $2M | 0.1% | 2025-Q2 stale |
| Virtu Financial LLC added | 22,824 | $2M | 0.1% | 2025-Q4 stale |
| One Capital Management, LLC | 7,732 | $529K | 0.0% | 2025-Q4 stale |
| Hershey Financial Advisers, LLC new | 6,955 | $476K | 0.0% | 2025-Q4 stale |
| Envestnet Portfolio Solutions, Inc. added | 4,920 | $337K | 0.0% | 2025-Q4 stale |
| Cape Investment Advisory, Inc. added | 3,705 | $254K | 0.0% | 2025-Q4 stale |
| FLP Wealth Management, LLC new | 3,355 | $229K | 0.0% | 2025-Q3 stale |
| SeaCrest Wealth Management, LLC trimmed | 3,577 | $224K | 0.0% | 2025-Q2 stale |
| D. E. Shaw & Co., Inc. new | 3,126 | $213K | 0.0% | 2025-Q3 stale |
| Sanctuary Advisors, LLC trimmed | 3,018 | $207K | 0.0% | 2025-Q4 stale |
| FLAGSHIP HARBOR ADVISORS, LLC new | 2,141 | $147K | 0.0% | 2025-Q4 stale |
| COMERICA BANK | 1,244 | $85K | 0.0% | 2025-Q4 stale |
| Grey Fox Wealth Advisors, LLC new | 1,100 | $75K | 0.0% | 2025-Q3 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.