FRMI · Fermi Inc.

$5.12 +0.26 (+5.35%) At close · Sep 4

Russell 1000 member Rebalance outlook locked

Market Cap

$3.28B

640.47M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 306

Total Value: $1,813,745,812

Total Shares: 198,007,202

Showing 1–100 of 344 holdings by value · page 1 of 4

Institutional Ownership Trend

3 quarters

Superinvestors Holding FRMI

All superinvestors →

Joel Greenblatt $36,121,580

Holder Concentration

Across 306 13F filers · Δ vs Mar 31, 2026

Top Holder

10.2%

−2.1 pts

Top 5

29.9%

−6.9 pts

Top 10

42.6%

−8.7 pts

HHI

298

Broadly held−112

Quarterly Activity

vs Mar 31, 2026

New

131

Increased

115

Decreased

Sold Out

Unchanged

Holder count: +87

Institutional value: +233.4%

Shares held: +112.6%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large ExodusPoint Capital Management, LP	+6,887,542	6,918,302
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP	+5,931,521	10,505,076
Mega MILLENNIUM MANAGEMENT LLC	+4,642,460	4,903,619
Mega D. E. Shaw & Co., Inc.	+4,590,533	5,418,891
Large MARSHALL WACE, LLP	+3,883,540	4,160,290

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega UBS Group AG	−5,687,668	3,259,530
Mega BARCLAYS PLC	−2,821,284	204,153
Mega GOLDMAN SACHS GROUP INC	−1,645,934	3,802,523
Large ADAGE CAPITAL PARTNERS GP, L.L.C.	−1,500,000	750,000
Large M&G PLC	−1,456,605	14,552

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Large SRS Investment Management, LLC	20,205,579	$185,083,103
Mid BlueCrest Capital Management Ltd	3,632,795	$33,276,402
Small Ratan Capital Management LP	2,158,749	$19,774,140
Large HRT FINANCIAL LP	1,701,586	$15,586,527
Small Texas Capital Bank Wealth Management Services Inc	1,455,677	$13,334,001

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mega T. Rowe Price Investment Management, Inc.	2,473,357	$14,444,404
Mid Weiss Asset Management LP	2,415,027	$14,103,757
Mid TORTOISE CAPITAL ADVISORS, L.L.C.	2,280,837	$13,320,088
Mega Boston Partners	1,101,977	$6,435,544
Small Engle Capital Management, L.P.	1,015,000	$5,927,600

Filter: New 131 Increased 115 Reduced 42 Sold out 44 Unchanged 18

Showing 100 of 344

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

SRS Investment Management, LLC

$185,083,103

10.20%

20,205,579

CITADEL ADVISORS LLC

$78,657,423

4.34%

8,587,055

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	4,650,101	$42,594,925	54.2%	Defined
Held directly	3,936,954	$36,062,498	45.8%	Defined

Point72 Asset Management, L.P.

$64,450,886

3.55%

7,036,123

D. E. Shaw & Co., Inc.

$49,637,040

2.74%

5,418,891

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
D. E. SHAW & CO, L.P.	4,854,154	$44,464,050	89.6%	Defined
D. E. Shaw Investment Management, L.L.C. joint	564,737	$5,172,990	10.4%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$45,238,492

2.49%

4,938,700

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	4,938,700	$45,238,492	100.0%	Other

MILLENNIUM MANAGEMENT LLC

$39,421,150

2.17%

4,303,619

BlackRock, Inc.

$38,499,339

2.12%

4,202,985

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	117,601	$1,077,225	2.8%	Sole
BlackRock Asset Management Canada Ltd	1,120	$10,259	0.0%	Sole
BlackRock Investment Management, LLC	31,998	$293,101	0.8%	Sole
BLACKROCK ADVISORS LLC	88,339	$809,185	2.1%	Sole
BlackRock Fund Advisors	2,044,430	$18,726,978	48.6%	Sole
BlackRock Institutional Trust Company, N.A.	1,914,617	$17,537,891	45.6%	Sole
BlackRock Japan Co. Ltd	1,495	$13,694	0.0%	Sole
BlackRock Advisors (UK) Ltd	3,252	$29,788	0.1%	Sole
Aperio Group, LLC	133	$1,218	0.0%	Sole

MARSHALL WACE, LLP

$38,108,256

2.10%

4,160,290

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	4,160,290	$38,108,256	100.0%	Other

ExodusPoint Capital Management, LP

$37,265,646

2.05%

4,068,302

Gotham Asset Management, LLC

$36,121,580

1.99%

3,943,404

NEXPOINT ASSET MANAGEMENT, L.P.

$36,103,929

1.99%

3,941,477

VANGUARD PORTFOLIO MANAGEMENT LLC

$35,292,353

1.95%

3,852,877

GOLDMAN SACHS GROUP INC

$34,831,110

1.92%

3,802,523

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	3,446,753	$31,572,257	90.6%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	355,770	$3,258,853	9.4%	Defined

BlueCrest Capital Management Ltd

$33,276,402

1.83%

3,632,795

CastleKnight Management LP

$30,154,921

1.66%

3,292,022

UBS Group AG

$29,353,493

1.62%

3,204,530

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	618,622	$5,666,577	19.3%	Defined
UBS AG	2,550,859	$23,365,868	79.6%	Defined
UBS Switzerland AG	10,049	$92,048	0.3%	Defined
UBS Securities LLC	25,000	$229,000	0.8%	Defined

Cetera Investment Advisers

$29,045,902

1.60%

3,170,950

VANGUARD CAPITAL MANAGEMENT LLC

$28,806,395

1.59%

3,144,803

CITADEL ADVISORS LLC

$27,902,276

1.54%

3,046,100

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	3,046,100	$27,902,276	100.0%	Defined

Alyeska Investment Group, L.P.

$26,443,417

1.46%

2,886,836

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$26,232,408

1.45%

2,863,800

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	2,863,800	$26,232,408	100.0%	Other

ExodusPoint Capital Management, LP

$26,106,000

1.44%

2,850,000

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$24,755,596

1.36%

2,702,576

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	2,702,576	$24,755,596	100.0%	Other

PEAK6 LLC

$23,780,276

1.31%

2,596,100

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PEAK6 Investments LLC joint	2,596,100	$23,780,276	100.0%	Defined

JANE STREET GROUP, LLC

$23,051,140

1.27%

2,516,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	2,516,500	$23,051,140	100.0%	Defined

CITADEL ADVISORS LLC

$22,489,632

1.24%

2,455,200

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	2,455,200	$22,489,632	100.0%	Defined

Ratan Capital Management LP

$19,774,140

1.09%

2,158,749

JANE STREET GROUP, LLC

$19,634,157

1.08%

2,143,467

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	2,143,467	$19,634,157	100.0%	Defined

TWO SIGMA INVESTMENTS, LP

$19,530,814

1.08%

2,132,185

STATE STREET CORP

$19,370,862

1.07%

2,114,723

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	2,114,723	$19,370,862	100.0%	Defined

Prime Capital Investment Advisors, LLC

$18,942,880

1.04%

2,068,000

BANK OF AMERICA CORP /DE/

$17,859,233

0.98%

1,949,698

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	1,782,226	$16,325,190	91.4%	Defined
BOFA SECURITIES, INC.	167,472	$1,534,043	8.6%	Defined

JANE STREET GROUP, LLC

$16,270,908

0.90%

1,776,300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	1,776,300	$16,270,908	100.0%	Defined

HRT FINANCIAL LP

$15,586,527

0.86%

1,701,586

Balyasny Asset Management L.P.

$15,144,411

0.83%

1,653,320

CAPTRUST FINANCIAL ADVISORS

$14,812,104

0.82%

1,617,042

STIFEL FINANCIAL CORP

$14,783,745

0.82%

1,613,946

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	1,613,946	$14,783,745	100.0%	Defined

GEODE CAPITAL MANAGEMENT, LLC

$14,737,880

0.81%

1,608,939

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	97,510	$893,191	6.1%	Defined
Held directly	1,511,429	$13,844,689	93.9%	Defined

Schonfeld Strategic Advisors LLC

$14,420,368

0.80%

1,574,276

Texas Capital Bank Wealth Management Services Inc

$13,334,001

0.74%

1,455,677

STEADFAST CAPITAL MANAGEMENT LP

$13,260,016

0.73%

1,447,600

Value Aligned Research Advisors, LLC

$12,530,834

0.69%

1,367,995

Walleye Trading LLC

$12,516,159

0.69%

1,366,393

Whetstone Capital Advisors, LLC

$12,008,778

0.66%

1,311,002

GROUP ONE TRADING LLC

$11,227,292

0.62%

1,225,687

RENAISSANCE TECHNOLOGIES LLC

$11,155,964

0.62%

1,217,900

BNP PARIBAS ARBITRAGE, SA

$11,119,571

0.61%

1,213,927

Ascentis Wealth Management, LLC

$10,332,460

0.57%

1,127,998

OpenArc Corporate Advisory, LLC

$9,850,984

0.54%

1,075,435

Aberdeen Group plc

$9,195,724

0.51%

1,003,900

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
abrdn Inc.	337,500	$3,091,500	33.6%	Defined
abrdn Investments Ltd	666,400	$6,104,224	66.4%	Defined

Parsifal Capital Management, LP

$9,160,000

0.51%

1,000,000

Hiddenite Capital Partners LP

$9,160,000

0.51%

1,000,000

Jefferies Financial Group Inc.

$9,160,000

0.51%

1,000,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jefferies Financial Services, Inc.	1,000,000	$9,160,000	100.0%	Defined

ArrowMark Colorado Holdings LLC

$8,426,265

0.46%

919,898

Delta Global Management LP

$8,324,617

0.46%

908,801

Capricorn Fund Managers Ltd

$8,015,000

0.44%

875,000

Hiddenite Capital Partners LP

$8,015,000

0.44%

875,000

Verition Fund Management LLC

$7,996,377

0.44%

872,967

Alight Capital Management LP

$7,786,000

0.43%

850,000

BANK OF NOVA SCOTIA

$7,771,344

0.43%

848,400

Empire Life Investments Inc.

$7,594,876

0.42%

829,135

HORIZON KINETICS ASSET MANAGEMENT LLC

$7,549,919

0.42%

824,227

Thrivent Financial for Lutherans

$7,429,447

0.41%

811,075

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Thrivent Asset Management, LLC	306,350	$2,806,166	37.8%	Defined
Held directly	504,725	$4,623,281	62.2%	Sole

ADAGE CAPITAL PARTNERS GP, L.L.C.

$6,870,000

0.38%

750,000

CAPITAL FUND MANAGEMENT S.A.

$6,791,233

0.37%

741,401

TITLEIST ASSET MANAGEMENT, LLC

$6,791,022

0.37%

741,378

Walleye Trading LLC

$6,753,668

0.37%

737,300

Pacer Advisors, Inc.

$6,638,966

0.37%

724,778

Caption Management, LLC

$6,263,608

0.35%

683,800

Walleye Trading LLC

$5,545,464

0.31%

605,400

Larson Financial Group LLC

$5,504,317

0.30%

600,908

LAKEWOOD CAPITAL MANAGEMENT, LP

$5,496,000

0.30%

600,000

MILLENNIUM MANAGEMENT LLC

$5,496,000

0.30%

600,000

AQR CAPITAL MANAGEMENT LLC

$5,363,369

0.30%

585,521

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Petros Family Wealth, LLC	76	$696	0.0%	Other
RF&L WEALTH MANAGEMENT, LLC	20	$183	0.0%	Other
Prism Planning Partners LLC	250	$2,290	0.0%	Other
Compound Planning, Inc.	66	$604	0.0%	Other
Arax Advisory Partners	3,369	$30,860	0.6%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	1,918	$17,568	0.3%	Other
Stokes Family Office, LLC	531	$4,863	0.1%	Other
Held directly	579,291	$5,306,305	98.9%	Defined

Bank of New York Mellon Corp

$4,711,432

0.26%

514,349

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BNY Mellon Trust of Delaware joint	985	$9,022	0.2%	Defined
Mellon Investments Corporation joint	269,709	$2,470,533	52.4%	Defined
The Bank of New York Mellon	159,885	$1,464,546	31.1%	Defined
BNY Mellon, NA joint	83,768	$767,313	16.3%	Defined
Held directly	2	$18	0.0%	Defined

Sculptor Capital LP

$4,655,112

0.26%

508,200

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Sculptor Capital II LP joint	508,200	$4,655,112	100.0%	Sole

Sculptor Capital LP

$4,655,112

0.26%

508,200

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Sculptor Capital II LP joint	508,200	$4,655,112	100.0%	Sole

NORTHERN TRUST CORP

$4,526,632

0.25%

494,174

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	490,941	$4,497,018	99.3%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	3,233	$29,614	0.7%	Defined

Prentice Capital Management, LP

$4,232,350

0.23%

462,047

Davis Selected Advisers

$4,134,824

0.23%

451,400

Point72 Asset Management, L.P.

$4,122,000

0.23%

450,000

MOORE CAPITAL MANAGEMENT, LP

$3,916,870

0.22%

427,606

Philadelphia Financial Management of San Francisco, LLC

$3,893,000

0.21%

425,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Boathouse Row I, L.P. joint	425,000	$3,893,000	100.0%	Sole

FRONTIER CAPITAL MANAGEMENT CO LLC

$3,863,193

0.21%

421,746

MORGAN STANLEY

$3,811,877

0.21%

416,144

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	1,658	$15,187	0.4%	Defined
MORGAN STANLEY & CO. LLC	351,582	$3,220,491	84.5%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	22,720	$208,115	5.5%	Defined
MORGAN STANLEY SMITH BARNEY LLC	24,835	$227,488	6.0%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	15,349	$140,596	3.7%	Defined

NOMURA HOLDINGS INC

$3,664,000

0.20%

400,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NOMURA SECURITIES INTERNATIONAL INC	400,000	$3,664,000	100.0%	Defined

TD Asset Management Inc

$3,604,853

0.20%

393,543

SCOGGIN MANAGEMENT LP

$3,435,000

0.19%

375,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Scoggin GP LLC	375,000	$3,435,000	100.0%	Defined

NICOLET BANKSHARES INC

$3,390,821

0.19%

370,177

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	370,177	$3,390,821	100.0%	Sole

Two Seas Capital LP

$3,230,466

0.18%

352,671

MOORE CAPITAL MANAGEMENT, LP

$3,206,000

0.18%

350,000

Legal & General Group Plc

$2,947,293

0.16%

321,757

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	19,237	$176,210	6.0%	Defined
Legal & General Investment Management Ltd	302,520	$2,771,083	94.0%	Defined

Vennlight Capital Management, LP

$2,793,067

0.15%

304,920

Nuveen, LLC

$2,782,330

0.15%

303,748

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	46,365	$424,703	15.3%	Defined
TIAA CREF INVESTMENT MANAGEMENT LLC joint	16,556	$151,652	5.5%	Defined
TEACHERS ADVISORS, LLC joint	240,827	$2,205,975	79.3%	Defined

PEAK6 LLC

$2,748,000

0.15%

300,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PEAK6 Investments LLC joint	300,000	$2,748,000	100.0%	Defined

Beartown Capital Management, LLC

$2,748,000

0.15%

300,000

Kultura Capital Management LP

$2,714,108

0.15%

296,300

Brevan Howard Capital Management LP

$2,714,016

0.15%

296,290

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Brevan Howard US Investment Management, LP	296,290	$2,714,016	100.0%	Defined

Squarepoint Ops LLC

$2,711,442

0.15%

296,009

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	296,009	$2,711,442	100.0%	Defined

Burford Brothers, Inc.

$2,696,850

0.15%

294,416

Key facts CIK 2071778 CUSIP 314911108 13F (30d) 185 filings 185 filers Visit website Investor relations