% of shares outstanding not shown: no SEC cover-page share count falls within 120 days of the 2026-Q1 quarter end, so any percentage would rest on a count that cannot speak for this quarter. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for FMN in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| Pathstone Holdings, LLC | 143K | 270K | 260K | 340K | 554K | 716K | $8M |
| GUGGENHEIM CAPITAL LLC | 168K | 207K | 276K | 223K | 286K | 266K | $3M |
| ROBINSON CAPITAL MANAGEMENT, LLC | 88K | 53K | — | — | 153K | 195K | $2M |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | 51K | 51K | 35K | 72K | 128K | 158K | $2M |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | — | — | 39K | — | 25K | 147K | $2M |
| RIVERBRIDGE PARTNERS LLC | 41K | 87K | 90K | 93K | 126K | 141K | $2M |
| BANK OF AMERICA CORP /DE/ | 180K | 151K | 143K | 138K | 125K | 134K | $1M |
| Matisse Capital | — | — | 129K | 129K | 129K | 129K | $1M |
| Bank of New York Mellon Corp | — | — | — | — | 14K | 102K | $1M |
| 1607 Capital Partners, LLC | 76K | 76K | 76K | 44K | 44K | 91K | $992,488 |
| WELLS FARGO & COMPANY/MN | 124K | 119K | 120K | 99K | 93K | 86K | $945,016 |
| UBS Group AG | 77K | 74K | 73K | 72K | 75K | 69K | $750,847 |
| Logan Stone Capital, LLC | 47K | 84K | 79K | 75K | 69K | 67K | $736,037 |
| GILL CAPITAL PARTNERS, LLC | 90K | 90K | 90K | 73K | 65K | 65K | $712,521 |
| Closed-End Fund Advisors, Inc. | — | — | — | — | 26K | 52K | $566,327 |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| Pathstone Holdings, LLC | +162,268 | $2M | ADD |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | +121,777 | $1M | ADD |
| Bank of New York Mellon Corp | +87,048 | $951,435 | ADD |
| 1607 Capital Partners, LLC | +47,294 | $516,923 | ADD |
| Karpus Management, Inc. | +45,191 | $493,938 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Saba Capital Management, L.P. | −365,326 | $4M | CLOSE |
| Thomas J. Herzfeld Advisors, Inc. | −29,727 | $324,916 | CLOSE |
| North Ground Capital | −21,411 | $234,022 | TRIM |
| GUGGENHEIM CAPITAL LLC | −19,717 | $215,507 | TRIM |
| PFG Investments, LLC | −15,700 | $171,601 | CLOSE |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 42 | 2,937,494 | — | $32M |
| 2025-Q4 | 44 | 2,771,128 | — | $31M |
| 2025-Q3 | 38 | 2,230,295 | — | $25M |
| 2025-Q2 | 37 | 2,246,324 | — | $24M |
| 2025-Q1 | 39 | 2,230,320 | — | $24M |
| 2024-Q4 | 41 | 2,036,594 | — | $22M |
| 2024-Q3 | 42 | 5,105,748 | — | $63M |
| 2024-Q2 | 44 | 5,568,242 | — | $64M |
| 2024-Q1 | 46 | 5,251,705 | — | $58M |
| 2023-Q4 | 48 | 5,147,628 | — | $57M |
| 2023-Q3 | 46 | 4,654,960 | — | $45M |
| 2023-Q2 | 47 | 4,091,692 | — | $43M |
| 2023-Q1 | 44 | 3,435,700 | — | $37M |
| 2022-Q4 | 45 | 3,292,933 | — | $35M |
| 2022-Q3 | 47 | 2,701,107 | — | $28M |
| 2022-Q2 | 46 | 2,326,064 | — | $26M |
| 2022-Q1 | 41 | 2,050,885 | — | $26M |
| 2021-Q4 | 37 | 1,631,393 | — | $25M |
| 2021-Q3 | 35 | 1,717,160 | — | $26M |
| 2021-Q2 | 36 | 1,824,204 | — | $29M |
| 2021-Q1 | 36 | 1,983,078 | — | $29M |
| 2020-Q4 | 38 | 2,233,607 | — | $33M |
| 2020-Q3 | 38 | 2,014,094 | — | $29M |
| 2020-Q2 | 40 | 2,025,875 | — | $27M |
| 2020-Q1 | 40 | 2,018,048 | — | $26M |
| 2019-Q4 | 43 | 1,870,432 | — | $26M |
| 2019-Q3 | 43 | 2,075,612 | — | $29M |
| 2019-Q2 | 45 | 2,143,735 | — | $29M |
| 2019-Q1 | 44 | 2,208,303 | — | $30M |
| 2018-Q4 | 46 | 2,408,661 | — | $409M |
| 2018-Q3 | 42 | 1,517,267 | — | $19M |
| 2018-Q2 | 36 | 1,446,010 | — | $19M |
| 2018-Q1 | 36 | 1,630,482 | — | $22M |
| 2017-Q4 | 31 | 1,916,391 | — | $27M |
| 2017-Q3 | 17 | 471,348 | — | $7M |
| 2017-Q2 | 17 | 482,496 | — | $7M |
| 2017-Q1 | 20 | 610,543 | — | $8M |
| 2016-Q4 | 20 | 615,534 | — | $9M |
| 2016-Q3 | 19 | 503,530 | — | $8M |
| 2016-Q2 | 16 | 474,485 | — | $8M |
| 2016-Q1 | 14 | 343,270 | — | $5M |
| 2015-Q4 | 13 | 294,392 | — | $4M |
| 2015-Q3 | 13 | 283,703 | — | $4M |
| 2015-Q2 | 13 | 238,543 | — | $3M |
| 2015-Q1 | 16 | 230,552 | — | $3M |
| 2014-Q4 | 15 | 259,251 | — | $4M |
| 2014-Q3 | 9 | 119,227 | — | $2M |
| 2014-Q2 | 12 | 141,357 | — | $2M |
| 2014-Q1 | 8 | 137,179 | — | $2M |
| 2013-Q4 | 10 | 126,382 | — | $2M |
| 2013-Q3 | 10 | 127,596 | — | $2M |
| 2013-Q2 | 8 | 108,424 | — | $2M |
| 2013-Q1 | 1 | 15,741 | — | $238,000 |
