| 857K |
| $4.7M |
| — |
| 4.496% |
| 0.05% |
| 4 | CITADEL ADVISORS LLC | 577K | $3.1M | +9.1% | 3.026% | 0.00% |
| 5 | Saba Capital Management, L.P. | 372K | $2.0M | -22.7% | 1.949% | 0.05% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 302K | $1.6M | +63.8% | 1.585% | 0.00% |
| 7 | BlackRock, Inc. | 301K | $1.6M | +19.4% | 1.581% | 0.00% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 180K | $978K | -11.6% | 0.944% | 0.00% |
| 9 | UBS Group AG | 170K | $921K | -48.2% | 0.890% | 0.00% |
| 10 | GOLDMAN SACHS GROUP INC | 167K | $907K | +3.3% | 0.876% | 0.00% |
| 11 | MORGAN STANLEY | 145K | $785K | -4.7% | 0.758% | 0.00% |
| 12 | BANK OF AMERICA CORP /DE/ | 124K | $675K | +31.8% | 0.652% | 0.00% |
| 13 | JANE STREET GROUP, LLC | 106K | $574K | -81.1% | 0.554% | 0.00% |
| 14 | BARCLAYS PLC | 97K | $528K | +1.2% | 0.510% | 0.00% |
| 15 | Almitas Capital LLC | 80K | $437K | 0.0% | 0.422% | 0.10% |
| 16 | MILLENNIUM MANAGEMENT LLC | 78K | $422K | +7.5% | 0.408% | 0.00% |
| 17 | STATE STREET CORP | 76K | $414K | +24.9% | 0.400% | 0.00% |
| 18 | VANGUARD FIDUCIARY TRUST CO | 71K | $388K | -10.8% | 0.375% | 0.00% |
| 19 | GROUP ONE TRADING LLC | 68K | $370K | +102.8% | 0.358% | 0.00% |
| 20 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 65K | $352K | -6.1% | 0.340% | 0.00% |
| 21 | Wealthspire Advisors, LLC | 57K | $308K | — | 0.297% | 0.00% |
| 22 | ExodusPoint Capital Management, LP | 56K | $304K | -41.3% | 0.294% | 0.00% |
| 23 | Invesco Ltd. | 31K | $169K | -41.1% | 0.163% | 0.00% |
| 24 | NORTHERN TRUST CORP | 29K | $158K | -12.5% | 0.153% | 0.00% |
| 25 | J. Derek Lewis & Associates Inc. | 22K | $120K | -23.8% | 0.116% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in FRMM — a direct measure of their conviction.
| 0.01% |
| 0.23 pp |
| $0M |
| 97% |
| Q4 2024 | 11 | +57% | 0.24% | +0.23 pp | $1M | +5030% |
| Q3 2024 | 7 | — | 0.01% | — | $0M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
5 institutions opened new positions in FRMM during Q2 2026, while 9 fully exited. 29 added to existing positions and 5 trimmed.
FRMM institutional ownership fell by 14.78 percentage points quarter-over-quarter, with a net change of -6 holders.
The top 10 institutions account for 86.9% of all reported 13F value in FRMM, and the top 25 account for 99.2%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Forum Markets, Incorporated (FRMM) Institutional Ownership