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Fund Update: New $10.4M $FTCS stock position opened by Merit Financial Group, LLC

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Merit Financial Group, LLC has opened a new $10.4M position in $FTCS, per a new SEC 13F filing. This disclosure reflects the funds' holdings for the 12-31-2025 report period. You can see the fund's full portfolio on Quiver Quantitative, and also track the largest institutional owners of $FTCS.

$FTCS Hedge Fund Activity

We have seen 188 institutional investors add shares of $FTCS stock to their portfolio, and 290 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • ARAX ADVISORY PARTNERS removed 267,136 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $25,014,615
  • TWO SIGMA INVESTMENTS, LP added 264,900 shares (+1226.4%) to their portfolio in Q3 2025, for an estimated $24,805,236
  • RAYMOND JAMES FINANCIAL INC removed 190,354 shares (-3.8%) from their portfolio in Q3 2025, for an estimated $17,824,748
  • OSAIC HOLDINGS, INC. added 181,322 shares (+15.6%) to their portfolio in Q3 2025, for an estimated $16,978,992
  • SUMMIT WEALTH GROUP LLC / CO removed 174,147 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $16,307,125
  • CETERA INVESTMENT ADVISERS added 167,791 shares (+11.5%) to their portfolio in Q3 2025, for an estimated $15,711,949
  • MORGAN STANLEY removed 167,505 shares (-2.8%) from their portfolio in Q3 2025, for an estimated $15,685,168

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Note that there may be inaccuracies in these estimates due to filing errors by the funds, parsing errors by us, or other anomalies.

Check out Quiver Quantitative's $FTCS ticker page for more data.

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