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Institutional Ownership · SEC Form 13F

Who owns VMO


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

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

104
Institutional holders
18M
Shares held (tracked funds)

How the tape is positioned

13 tracked funds added or opened VMO while 12 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

VMO’s largest tracked holder by dollar value, RIVERNORTH CAPITAL MANAGEMENT, LLC, sizes it at 1.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in VMO 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 104 tracked filers holding VMO, 51 increased or opened the position and 40 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 VMO 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 2

  • Fiera Capital Corp$2M
  • Summit Trail Advisors, LLC$692K

Full exits 3

  • Rareview Capital LLC$3M
  • Bank of New York Mellon Corp$1M
  • Concorde Asset Management, LLC$610K

Largest adds

  • LPL Financial LLC$4M
  • Garden State Investment Advisory Services LLC$3M
  • Advisors Asset Management, Inc.$938K
  • Kestra Advisory Services, LLC$784K
  • Hennion & Walsh Asset Management, Inc.$532K
  • MORGAN STANLEY$467K

Largest trims

  • RIVERNORTH CAPITAL MANAGEMENT, LLC$13M
  • AMERIPRISE FINANCIAL INC$5M
  • ROBINSON CAPITAL MANAGEMENT, LLC$4M
  • NewEdge Advisors, LLC$844K
  • MACKAY SHIELDS LLC$764K
  • UBS Group AG$739K

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
RIVERNORTH CAPITAL MANAGEMENT, LLC trimmed2,732,276$26M14.2%2026-Q1
LPL Financial LLC added1,533,417$15M8.0%2026-Q1
MORGAN STANLEY added1,525,658$15M7.9%2026-Q1
GUGGENHEIM CAPITAL LLC trimmed1,501,325$14M7.8%2026-Q1
UBS Group AG trimmed1,063,970$10M5.5%2026-Q1
RAYMOND JAMES FINANCIAL INC added788,894$8M4.1%2026-Q1
ROBINSON CAPITAL MANAGEMENT, LLC trimmed758,771$7M4.0%2026-Q1
Advisors Asset Management, Inc. added740,403$7M3.8%2026-Q1
Hennion & Walsh Asset Management, Inc. added673,017$6M3.5%2026-Q1
SIT INVESTMENT ASSOCIATES INC623,992$6M3.2%2026-Q1
WELLS FARGO & COMPANY/MN added604,368$6M3.1%2026-Q1
Kestra Advisory Services, LLC added523,813$5M2.7%2026-Q1
VAN ECK ASSOCIATES CORP added444,103$4M2.3%2026-Q1
AMERIPRISE FINANCIAL INC trimmed356,174$3M1.8%2026-Q1
Garden State Investment Advisory Services LLC added327,025$3M1.7%2026-Q1
Cambridge Investment Research Advisors, Inc. added315,279$3M1.6%2026-Q1
Wakefield Asset Management LLLP added207,344$2M1.1%2026-Q1
ROYAL BANK OF CANADA added169,567$2M0.9%2026-Q1
Fiera Capital Corp trimmed167,172$2M0.9%2026-Q1
STIFEL FINANCIAL CORP added165,754$2M0.9%2026-Q1
JFS WEALTH ADVISORS, LLC added145,969$1M0.8%2026-Q1
Garner Asset Management Corp added135,921$1M0.7%2026-Q1
MACKAY SHIELDS LLC trimmed126,255$1M0.7%2026-Q1
Wealth Alliance Advisory Group, LLC added108,644$1M0.6%2026-Q1
PLANNING ALTERNATIVES LTD /ADV added103,000$980K0.5%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed91,907$874K0.5%2026-Q1
Worthington Financial Partners, LLC trimmed86,318$821K0.4%2026-Q1
OSAIC HOLDINGS, INC. trimmed81,119$771K0.4%2026-Q1
Gridiron Partners, LLC trimmed78,605$748K0.4%2026-Q1
Summit Trail Advisors, LLC added72,805$692K0.4%2026-Q1
Steward Partners Investment Advisory, LLC added68,010$647K0.4%2026-Q1
Invesco Ltd. added63,566$605K0.3%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC.62,924$598K0.3%2026-Q1
PETRA FINANCIAL ADVISORS INC added57,915$551K0.3%2026-Q1
GOLDMAN SACHS GROUP INC trimmed50,962$485K0.3%2026-Q1
Burford Brothers, Inc. added48,690$463K0.3%2026-Q1
Live Oak Private Wealth LLC43,000$409K0.2%2026-Q1
Janney Montgomery Scott LLC added42,927$408K0.2%2026-Q1
MELFA WEALTH MANAGEMENT, INC. added42,804$407K0.2%2026-Q1
BANK OF AMERICA CORP /DE/ added42,274$402K0.2%2026-Q1
Allspring Global Investments Holdings, LLC trimmed42,230$402K0.2%2026-Q1
PURSUIT WEALTH STRATEGIES, LLC trimmed41,491$395K0.2%2026-Q1
Concurrent Investment Advisors, LLC added38,241$364K0.2%2026-Q1
CHOREO, LLC trimmed37,366$355K0.2%2026-Q1
Stratos Wealth Partners, LTD. added36,721$349K0.2%2026-Q1
AlphaCore Capital LLC added34,352$327K0.2%2026-Q1
Nuveen, LLC32,559$310K0.2%2026-Q1
HUB Investment Partners, LLC trimmed31,678$301K0.2%2026-Q1
Rockefeller Capital Management L.P. added29,896$284K0.2%2026-Q1
Alaska Wealth Advisors, LLC28,550$272K0.1%2026-Q1
CWM, LLC added28,329$269K0.1%2026-Q1
Insight Wealth Strategies, LLC added28,016$266K0.1%2026-Q1
HARBOUR INVESTMENTS, INC. added27,994$266K0.1%2026-Q1
BROWN ADVISORY INC26,761$254K0.1%2026-Q1
JANE STREET GROUP, LLC trimmed25,834$246K0.1%2026-Q1
SHUFRO ROSE & CO LLC25,500$243K0.1%2026-Q1
Ashton Thomas Private Wealth, LLC added21,700$206K0.1%2026-Q1
Stratos Wealth Advisors, LLC trimmed21,302$203K0.1%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new21,119$201K0.1%2026-Q1
BAR HARBOR WEALTH MANAGEMENT19,795$188K0.1%2026-Q1
Kercheville Advisors, LLC18,567$177K0.1%2026-Q1
KESTRA PRIVATE WEALTH SERVICES, LLC added17,600$167K0.1%2026-Q1
Cetera Investment Advisers trimmed16,987$162K0.1%2026-Q1
Focus Partners Wealth16,363$156K0.1%2026-Q1
Virtu Financial LLC added15,983$152K0.1%2026-Q1
BOOTHBAY FUND MANAGEMENT, LLC added15,680$149K0.1%2026-Q1
HOLLENCREST CAPITAL MANAGEMENT15,411$147K0.1%2026-Q1
Pinnacle Bancorp, Inc.15,000$143K0.1%2026-Q1
Cresset Asset Management, LLC trimmed14,400$137K0.1%2026-Q1
Capital Investment Advisors, LLC13,500$128K0.1%2026-Q1
NewEdge Advisors, LLC added126,875$127K0.1%2026-Q1
Encompass More Asset Management12,630$120K0.1%2026-Q1
River Street Advisors LLC12,547$119K0.1%2026-Q1
Berkeley Capital Partners, LLC12,387$118K0.1%2026-Q1
BENJAMIN EDWARDS INC added11,191$106K0.1%2026-Q1
Pathstone Holdings, LLC trimmed532,457$5M2.8%2025-Q1 stale
Rareview Capital LLC added286,911$3M1.4%2025-Q4 stale
Bank of New York Mellon Corp added124,443$1M0.6%2025-Q4 stale
Westchester Capital Management, LLC84,363$774K0.4%2025-Q2 stale
Concorde Asset Management, LLC added63,692$610K0.3%2025-Q4 stale
Karpus Management, Inc. trimmed61,249$592K0.3%2025-Q3 stale
ABSOLUTE INVESTMENT ADVISERS, LLC63,600$584K0.3%2025-Q2 stale
BALYASNY ASSET MANAGEMENT L.P. new59,283$544K0.3%2025-Q2 stale
Dakota Wealth Management trimmed45,000$413K0.2%2025-Q2 stale
BANK OF MONTREAL /CAN/ added42,075$407K0.2%2025-Q3 stale
StoneX Group Inc. added31,179$298K0.2%2025-Q4 stale
Quarry LP32,500$298K0.2%2025-Q2 stale
READYSTATE ASSET MANAGEMENT LP new29,719$282K0.2%2025-Q1 stale
Marex Group plc trimmed27,400$260K0.1%2025-Q1 stale
Ackerman Capital Advisors, LLC added27,917$256K0.1%2025-Q2 stale
RIVERBRIDGE PARTNERS LLC added26,289$241K0.1%2025-Q2 stale
Summit Financial Wealth Advisors, LLC21,500$204K0.1%2025-Q1 stale
Formidable Asset Management, LLC added21,650$199K0.1%2025-Q3 stale
SIMON QUICK ADVISORS, LLC added20,330$193K0.1%2025-Q1 stale
HRT FINANCIAL LP new15,625$149K0.1%2025-Q4 stale
MERCER GLOBAL ADVISORS INC /ADV new16,013$147K0.1%2025-Q2 stale
Permanent Capital Management, LP added14,549$141K0.1%2025-Q3 stale
SUSQUEHANNA INTERNATIONAL GROUP, LLP added13,798$132K0.1%2025-Q4 stale
Cerity Partners LLC12,964$125K0.1%2025-Q3 stale
MOODY NATIONAL BANK TRUST DIVISION11,372$110K0.1%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.

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