FM Focus Equity ETFFMCXETF

13F holders, Q4 2025 (December 31)
5holders −1
0new positions
1sold out
$34.44avg. 13F price*

At the end of Q4 2025, 5 institutions reported holding FM Focus Equity ETF (FMCX) in their 13F filings, down 1 from Q3 2025. 0 opened new positions and 1 sold out. The largest holders were First Manhattan Co. Llc. ($104.8M), Avalon Trust Co ($90K) and UBS Group AG ($12K).

Company
FM Focus Equity ETF
Filed as
NORTHERN LTS FD TR IV (Q4 2025)
CUSIP
66538H211
Latest filing quarter
Q2 2026

History

Number of 13F holders

02468 Q1 2024: 2Q1 2024Q2 2024: 6Q2 2024Q3 2024: 5Q3 2024Q4 2024: 3Q4 2024Q1 2025: 6Q1 2025Q2 2025: 6Q2 2025Q3 2025: 6Q3 2025Q4 2025: 5Q4 2025Q1 2026: 5Q1 2026Q2 2026: 7Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions0$0
Exits1$474K

All 13F filers, Q3 2025 → Q4 2025: 4,279 shares bought and 13,465 shares sold, net −9,186 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 5 holders

First Manhattan Co. Llc. 0.28% Add +0.1% 3,043,333 $104.8M
Avalon Trust Co 0.01% No change 2,600 $90K
UBS Group AG 0.00% Reduce -3.5% 354 $12K
Lanark Financial, Inc. 0.00% No change 70 $2K
Federation des caisses Desjardins du Quebec 0.00% No change 25 $857

"% of holder's portfolio" is FMCX's weight in each manager's 13F, not the share of FM Focus Equity ETF the manager owns.