Who owns FAI?
Institutional ownership of FAI from SEC Form 13F filings across 67 reporting managers. All positions are from one synchronized reporting period — 2026-06-30 books, filed up to 45 days after quarter end — so every row is comparable.
67
13F holders
$86.7M
value, 2026 filers
1.7M
shares disclosed
46
new positions (2026 filers)
Top institutional holders
ordered by shares owned · positions as of 2026-06-30· % of fund = share of the manager's own book · % of co. = share of FAI's shares outstanding
| # | Manager | Shares | Value | % of fund | % of co. | Δ shares QoQ |
|---|---|---|---|---|---|---|
| 1 | LPL Financial LLCNEW | 370,816 | $20.2M | 0.0% | — | new |
| 2 | ENVESTNET ASSET MANAGEMENT INCNEW | 234,612 | $12.8M | 0.0% | — | new |
| 3 | ASSETMARK, INCNEW | 164,285 | $8.9M | 0.0% | — | new |
| 4 | Kestra Advisory Services, LLC | 162,787 | $8.9M | 0.0% | — | +22.3% |
| 5 | Cetera Investment Advisers | 116,782 | $6.4M | 0.0% | — | +313.8% |
| 6 | Cambridge Investment Research Advisors, Inc. | 67,390 | $3,666 | 0.0% | — | +394.7% |
| 7 | RAYMOND JAMES FINANCIAL INCNEW | 52,388 | $2.8M | 0.0% | — | new |
| 8 | SUSQUEHANNA INTERNATIONAL GROUP, LLPNEW | 52,241 | $2.8M | 0.0% | — | new |
| 9 | BENJAMIN EDWARDS INCNEW | 49,759 | $2.7M | 0.0% | — | new |
| 10 | Gateway Wealth Partners, LLCNEW | 32,001 | $1.7M | 0.1% | — | new |
| 11 | AE Wealth Management LLC | 26,097 | $1.4M | 0.0% | — | +4861.4% |
| 12 | Prospera Financial Services IncNEW | 25,469 | $1.4M | 0.0% | — | new |
| 13 | Bank of New York Mellon CorpNEW | 24,178 | $1.3M | 0.0% | — | new |
| 14 | Janney Montgomery Scott LLCNEW | 20,057 | $1,091 | 0.0% | — | new |
| 15 | Orion Porfolio Solutions, LLCNEW | 18,827 | $1.0M | 0.0% | — | new |
| 16 | Atria Investments, IncNEW | 18,007 | $979,581 | 0.0% | — | new |
| 17 | RFG Advisory, LLCNEW | 17,622 | $958,637 | 0.0% | — | new |
| 18 | Chicago Partners Investment Group LLC | 16,506 | $817,707 | 0.0% | — | +28.1% |
| 19 | Element Wealth, LLC | 16,013 | $871,081 | 0.3% | — | +42.4% |
| 20 | JANE STREET GROUP, LLC | 15,091 | $820,950 | 0.0% | — | -36.0% |
| 21 | KINGSWOOD WEALTH ADVISORS, LLC | 14,750 | $802,400 | 0.0% | — | +0.1% |
| 22 | OneAscent Financial Services LLCNEW | 12,882 | $700,781 | 0.0% | — | new |
| 23 | NewEdge Advisors, LLCNEW | 12,669 | $689,193 | 0.0% | — | new |
| 24 | PARK AVENUE SECURITIES LLCNEW | 12,373 | $673 | 0.0% | — | new |
| 25 | IFP Advisors, IncNEW | 12,232 | $665,421 | 0.0% | — | new |
Source: SEC Form 13F-HR filings (institutional managers over $100M in US-listed positions). 13Fs disclose long positions only, up to 45 days after quarter end; each manager's latest filed quarter is shown per row and dollar values are the manager's filed marks. Aggregates labeled "2026 filers" count only managers whose latest book is a 2026 quarter. Related: valuation · options positioning · supply chain. Research, not investment advice.