Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
342 institutional managers reported holding FOUR for the quarter ended Mar 31, 2026. Together they hold about 85% of shares outstanding; the top 10 hold 50%. 57 opened new positions; 114 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Darlington Partners Capital Management, LP (focused) | 6.58M | 7.93% | $288.0M | added +18% | 2024 Q3 |
| BlackRock | 6.45M | 7.78% | $282.6M | added +1% | 2020 Q2 |
| Durable Capital Partners LP (focused) | 6.17M | 7.44% | $270.0M | trimmed -6.7% | 2020 Q2 |
| Vanguard Group | 4.83M | 5.82% | $211.3M | trimmed -20.6% | 2020 Q2 |
| Wasatch Advisors LP | 4.21M | 5.07% | $184.2M | trimmed -38% | 2023 Q1 |
| UBS | 3.28M | 3.96% | $143.8M | added +14.3% | 2020 Q2 |
| Ensign Peak Advisors, INC | 3.11M | 3.75% | $136.0M | added +17.5% | 2021 Q4 |
| Neuberger Berman Group LLC | 2.52M | 3.04% | $110.3M | trimmed -6.6% | 2020 Q2 |
| State Street | 2.07M | 2.49% | $90.5M | added +2.3% | 2020 Q3 |
| Marshall Wace | 1.92M | 2.31% | $83.9M | added +15.8% | 2021 Q1 |
| Clearbridge Investments, LLC | 1.82M | 2.19% | $79.7M | trimmed -10.2% | 2020 Q2 |
| Janus Henderson | 1.80M | 2.18% | $79.0M | added +3.3% | 2020 Q2 |
| Spyglass Capital Management LLC (focused) | 1.75M | 2.11% | $76.7M | added +3.1% | 2023 Q3 |
| Geode Capital | 1.42M | 1.71% | $62.2M | added +3.9% | 2020 Q3 |
| Fuller & Thaler Asset Management, INC. | 1.19M | 1.44% | $52.1M | trimmed -2.4% | 2023 Q1 |
| FMR (Fidelity) | 887.6k | 1.07% | $38.9M | added +473.8% | 2020 Q2 |
| Goodnow Investment Group, LLC (focused) | 854.2k | 1.03% | $37.4M | unchanged | 2024 Q1 |
| Rice Hall James & Associates, LLC | 847.7k | 1.02% | $37.1M | added +27.7% | 2023 Q4 |
| Raymond James Financial INC | 800.4k | 0.96% | $35.0M | trimmed -18.8% | 2020 Q3 |
| FIL LTD | 723.4k | 0.87% | $31.7M | trimmed -36.1% | 2020 Q2 |
| Nomura Asset Management CO LTD | 688.5k | 0.83% | $30.2M | trimmed -23.7% | 2023 Q1 |
| Brown Brothers Harriman & CO | 688.5k | 0.83% | $30.1M | trimmed -22.8% | 2021 Q4 |
| Long Focus Capital Management, LLC | 675.0k | 0.81% | $29.6M | added +90.7% | 2025 Q4 |
| Morgan Stanley | 638.2k | 0.77% | $27.9M | trimmed -42.1% | 2020 Q2 |
| Charles Schwab Investment Management | 537.9k | 0.65% | $23.6M | added +8.7% | 2020 Q3 |
| Maestria Partners LLC (focused) | 516.2k | 0.62% | $22.6M | unchanged | 2024 Q4 |
| Northern Trust | 504.1k | 0.61% | $22.1M | added +1.8% | 2020 Q3 |
| Gotham Asset Management | 488.6k | 0.59% | $21.4M | added +951.9% | 2023 Q4 |
| BNP Paribas Financial Markets | 460.8k | 0.56% | $20.2M | added +179.3% | 2024 Q4 |
| Private Management Group INC | 454.2k | 0.55% | $19.9M | opened | 2026 Q1 |
| Schwartz Investment Counsel INC | 445.7k | 0.54% | $19.5M | added +55.5% | 2025 Q3 |
| Point72 | 424.5k | 0.51% | $18.6M | trimmed -42.7% | 2024 Q1 |
| Goldman Sachs | 422.2k | 0.51% | $18.5M | added +123.9% | 2020 Q2 |
| Fairview Capital Investment Management, LLC | 421.1k | 0.51% | $18.4M | trimmed -7% | 2025 Q2 |
| BNY Mellon | 402.7k | 0.49% | $17.6M | trimmed -4.8% | 2020 Q3 |
| Palisade Capital Management, LP | 349.0k | 0.42% | $15.3M | trimmed -7.5% | 2022 Q2 |
| Dimensional Fund Advisors | 335.0k | 0.40% | $14.7M | trimmed -34.4% | 2021 Q1 |
| Snyder Capital Management L P | 290.2k | 0.35% | $12.7M | trimmed -1.4% | 2025 Q4 |
| Bank OF America CORP /DE/ | 283.2k | 0.34% | $12.4M | trimmed -3.4% | 2020 Q2 |
| Occam Crest Management LP (focused) | 218.3k | 0.26% | $9.6M | added +129.8% | 2025 Q3 |
| Portolan Capital Management, LLC | 214.3k | 0.26% | $9.4M | trimmed -54.2% | 2023 Q3 |
| Deutsche Bank AG\ | 209.3k | 0.25% | $9.2M | trimmed -19.3% | 2020 Q4 |
| Rhumbline Advisers | 187.3k | 0.23% | $8.2M | added +4.4% | 2021 Q2 |
| AllianceBernstein | 182.9k | 0.22% | $8.0M | added +104.4% | 2020 Q2 |
| Kornitzer Capital Management INC /KS | 177.5k | 0.21% | $7.8M | trimmed -10.7% | 2022 Q3 |
| Daiwa Securities Group INC. | 163.6k | 0.20% | $7.2M | opened | 2026 Q1 |
| State OF Wisconsin Investment Board | 161.0k | 0.19% | $7.1M | trimmed -6.2% | 2020 Q2 |
| Squarepoint Ops LLC | 158.2k | 0.19% | $6.9M | opened | 2026 Q1 |
| NEW York State Common Retirement Fund | 157.1k | 0.19% | $6.9M | trimmed -3.9% | 2021 Q2 |
| Invesco | 152.5k | 0.18% | $6.7M | trimmed -70.5% | 2020 Q4 |
Largest 50 of 342 shown; the full ranked, searchable register is at boothcheck.com/holders/FOUR. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.