Fermi Inc. (FRMI) — Institutional Holders, Q2 2026
295 institutional investment managers reported a FRMI position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $1.5B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
FRMI in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- SRS Investment ManagementNew · +20,205,579 sh+$185.1M
- Point72 Asset Management, L.P.Added · +5,790,511 sh+$53.0M
- D. E. ShawAdded · +4,590,533 sh+$42.0M
- MILLENNIUM MANAGEMENTAdded · +4,244,460 sh+$38.9M
- ExodusPoint Capital ManagementNew · +4,068,302 sh+$37.3M
Biggest sellers
- UBS Group AGTrimmed · -5,712,668 sh-$52.3M
- BARCLAYS PLCTrimmed · -2,971,284 sh-$27.2M
- T. Rowe Price Investment ManagementSold out · -2,473,357 sh-$22.7M
- Weiss Asset ManagementSold out · -2,415,027 sh-$22.1M
- TORTOISE CAPITAL ADVISORS, L.L.C.Sold out · -2,280,837 sh-$20.9M
FRMI 13F holders ranked 1–100 of 295
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | SRS Investment Management#1 · 20,205,579 sh | 20,205,579 | $185.1M | 1.71% | New |
| 2 | CITADEL ADVISORS#2 · 8,587,055 sh | 8,587,055 | $78.7M | <0.01% | +38.0% |
| 3 | Point72 Asset Management, L.P.#3 · 7,036,123 sh | 7,036,123 | $64.5M | 0.07% | +464.9% |
| 4 | D. E. Shaw#4 · 5,418,891 sh | 5,418,891 | $49.6M | 0.02% | +554.2% |
| 5 | MILLENNIUM MANAGEMENT#5 · 4,303,619 sh | 4,303,619 | $39.4M | 0.01% | +7174.7% |
| 6 | BlackRock#6 · 4,202,985 sh | 4,202,985 | $38.5M | <0.01% | +421.6% |
| 7 | MARSHALL WACE, LLP#7 · 4,160,290 sh | 4,160,290 | $38.1M | 0.03% | +1403.3% |
| 8 | ExodusPoint Capital Management#8 · 4,068,302 sh | 4,068,302 | $37.3M | 0.24% | New |
| 9 | Gotham Asset Management#9 · 3,943,404 sh | 3,943,404 | $36.1M | 0.08% | +1004.1% |
| 10 | NEXPOINT ASSET MANAGEMENT, L.P.#10 · 3,941,477 sh | 3,941,477 | $36.1M | 2.41% | +202.8% |
| 11 | VANGUARD PORTFOLIO MANAGEMENT#11 · 3,852,877 sh | 3,852,877 | $35.3M | <0.01% | +2168.3% |
| 12 | GOLDMAN SACHS GROUP#12 · 3,802,523 sh | 3,802,523 | $34.8M | <0.01% | -30.1% |
| 13 | BlueCrest Capital Management Ltd#13 · 3,632,795 sh | 3,632,795 | $33.3M | 1.10% | New |
| 14 | CastleKnight Management#14 · 3,292,022 sh | 3,292,022 | $30.2M | 0.41% | +2043.2% |
| 15 | UBS Group AG#15 · 3,204,530 sh | 3,204,530 | $29.4M | <0.01% | -64.1% |
| 16 | Cetera Investment Advisers#16 · 3,170,950 sh | 3,170,950 | $29.0M | 0.03% | +164.0% |
| 17 | VANGUARD CAPITAL MANAGEMENT#17 · 3,144,803 sh | 3,144,803 | $28.8M | <0.01% | +2517.7% |
| 18 | Alyeska Investment Group, L.P.#18 · 2,886,836 sh | 2,886,836 | $26.4M | 0.07% | +82.4% |
| 19 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#19 · 2,702,576 sh | 2,702,576 | $24.8M | <0.01% | +95.5% |
| 20 | Ratan Capital Management#20 · 2,158,749 sh | 2,158,749 | $19.8M | 6.38% | New |
| 21 | JANE STREET GROUP#21 · 2,143,467 sh | 2,143,467 | $19.6M | <0.01% | +334.7% |
| 22 | TWO SIGMA INVESTMENTS#22 · 2,132,185 sh | 2,132,185 | $19.5M | 0.01% | +274.7% |
| 23 | STATE STREET#23 · 2,114,723 sh | 2,114,723 | $19.4M | <0.01% | +253.1% |
| 24 | BANK OF AMERICA#24 · 1,949,698 sh | 1,949,698 | $17.9M | <0.01% | +294.2% |
| 25 | HRT FINANCIAL#25 · 1,978,886 sh | 1,978,886 | $15.6M | 0.04% | +3086.6% |
| 26 | BALYASNY ASSET MANAGEMENT L.P.#26 · 1,653,320 sh | 1,653,320 | $15.1M | 0.02% | +63.1% |
| 27 | CAPTRUST FINANCIAL ADVISORS#27 · 1,617,042 sh | 1,617,042 | $14.8M | 0.02% | +1.9% |
| 28 | STIFEL FINANCIAL#28 · 1,613,946 sh | 1,613,946 | $14.8M | 0.01% | +44.8% |
| 29 | GEODE CAPITAL MANAGEMENT#29 · 1,608,939 sh | 1,608,939 | $14.7M | <0.01% | +127.6% |
| 30 | Schonfeld Strategic Advisors#30 · 1,574,276 sh | 1,574,276 | $14.4M | 0.05% | +5.0% |
| 31 | Texas Capital Bank Wealth Management Services#31 · 1,455,677 sh | 1,455,677 | $13.3M | 0.71% | New |
| 32 | STEADFAST CAPITAL MANAGEMENT#32 · 1,447,600 sh | 1,447,600 | $13.3M | 0.41% | New |
| 33 | Value Aligned Research Advisors#33 · 1,367,995 sh | 1,367,995 | $12.5M | 0.03% | New |
| 34 | Walleye Trading#34 · 1,366,393 sh | 1,366,393 | $12.5M | 0.01% | +2325.0% |
| 35 | Whetstone Capital Advisors#35 · 1,311,002 sh | 1,311,002 | $12.0M | 3.16% | New |
| 36 | GROUP ONE TRADING, L.P.#36 · 1,225,687 sh | 1,225,687 | $11.2M | 0.02% | New |
| 37 | RENAISSANCE TECHNOLOGIES#37 · 1,217,900 sh | 1,217,900 | $11.2M | 0.02% | -13.2% |
| 38 | BNP PARIBAS FINANCIAL MARKETS#38 · 1,213,927 sh | 1,213,927 | $11.1M | <0.01% | +902.4% |
| 39 | ORG Wealth Partners#39 · 1,127,998 sh | 1,127,998 | $10.3M | 1.55% | +1425.0% |
| 40 | OpenArc Corporate Advisory#40 · 1,075,435 sh | 1,075,435 | $9.9M | — | -2.2% |
| 41 | abrdn plc#41 · 1,003,900 sh | 1,003,900 | $9.2M | 0.01% | New |
| 42 | ArrowMark Colorado#42 · 919,898 sh | 919,898 | $8.4M | 0.35% | +94.3% |
| 43 | Delta Global Management#43 · 908,801 sh | 908,801 | $8.3M | 0.90% | New |
| 44 | Hiddenite Capital Partners#44 · 875,000 sh | 875,000 | $8.0M | 0.69% | New |
| 45 | Capricorn Fund Managers Ltd#45 · 875,000 sh | 875,000 | $8.0M | 0.63% | New |
| 46 | Verition Fund Management#46 · 872,967 sh | 872,967 | $8.0M | 0.01% | -2.2% |
| 47 | BANK OF NOVA SCOTIA#47 · 848,400 sh | 848,400 | $7.8M | 0.01% | New |
| 48 | Empire Life Investments#48 · 829,135 sh | 829,135 | $7.6M | 0.42% | -4.3% |
| 49 | HORIZON KINETICS ASSET MANAGEMENT#49 · 824,227 sh | 824,227 | $7.5M | 0.09% | +54.8% |
| 50 | THRIVENT FINANCIAL FOR LUTHERANS#50 · 811,075 sh | 811,075 | $7.4M | 0.01% | +1410.0% |
| 51 | ADAGE CAPITAL PARTNERS GP, L.L.C.#51 · 750,000 sh | 750,000 | $6.9M | <0.01% | -66.7% |
| 52 | CAPITAL FUND MANAGEMENT S.A.#52 · 741,401 sh | 741,401 | $6.8M | 0.03% | New |
| 53 | TITLEIST ASSET MANAGEMENT#53 · 741,378 sh | 741,378 | $6.8M | — | New |
| 54 | Pacer Advisors#54 · 724,778 sh | 724,778 | $6.6M | 0.02% | New |
| 55 | Larson Financial Group#55 · 600,908 sh | 600,908 | $5.5M | 0.14% | New |
| 56 | LAKEWOOD CAPITAL MANAGEMENT#56 · 600,000 sh | 600,000 | $5.5M | 0.28% | New |
| 57 | AQR CAPITAL MANAGEMENT#57 · 585,521 sh | 585,521 | $5.4M | <0.01% | +105.1% |
| 58 | Bank of New York Mellon#58 · 514,349 sh | 514,349 | $4.7M | <0.01% | +420.5% |
| 59 | Sculptor Capital#59 · 508,200 sh | 508,200 | $4.7M | 0.04% | New |
| 60 | NORTHERN#60 · 494,174 sh | 494,174 | $4.5M | <0.01% | +149.3% |
| 61 | Prentice Capital Management#61 · 462,047 sh | 462,047 | $4.2M | 8.01% | +64.1% |
| 62 | DAVIS SELECTED ADVISERS#62 · 451,400 sh | 451,400 | $4.1M | 0.02% | +47.6% |
| 63 | MOORE CAPITAL MANAGEMENT#63 · 427,606 sh | 427,606 | $3.9M | 0.06% | New |
| 64 | Philadelphia Financial Management of San Francisco#64 · 425,000 sh | 425,000 | $3.9M | 0.79% | New |
| 65 | FRONTIER CAPITAL MANAGEMENT#65 · 421,746 sh | 421,746 | $3.9M | 0.04% | New |
| 66 | MORGAN STANLEY#66 · 416,144 sh | 416,144 | $3.8M | <0.01% | -65.1% |
| 67 | TD ASSET MANAGEMENT#67 · 393,543 sh | 393,543 | $3.6M | <0.01% | -17.1% |
| 68 | NICOLET BANKSHARES#68 · 370,177 sh | 370,177 | $3.4M | 0.11% | -55.9% |
| 69 | Two Seas Capital#69 · 352,671 sh | 352,671 | $3.2M | — | +1298.9% |
| 70 | Legal & General Group Plc#70 · 321,757 sh | 321,757 | $2.9M | <0.01% | +7655.0% |
| 71 | Vennlight Capital Management#71 · 304,920 sh | 304,920 | $2.8M | 1.87% | New |
| 72 | Nuveen#72 · 303,748 sh | 303,748 | $2.8M | <0.01% | +299.9% |
| 73 | Beartown Capital Management#73 · 300,000 sh | 300,000 | $2.7M | 1.21% | New |
| 74 | Brevan Howard Capital Management#74 · 296,290 sh | 296,290 | $2.7M | 0.02% | +74.7% |
| 75 | Squarepoint Ops#75 · 296,009 sh | 296,009 | $2.7M | <0.01% | +95.8% |
| 76 | Burford Brothers#76 · 294,416 sh | 294,416 | $2.7M | — | New |
| 77 | Invesco Ltd.#77 · 289,279 sh | 289,279 | $2.6M | <0.01% | +87.7% |
| 78 | Marex Group plc#78 · 288,200 sh | 288,200 | $2.6M | 0.01% | New |
| 79 | Sovereign's Capital Management#79 · 262,185 sh | 262,185 | $2.4M | 1.60% | -1.2% |
| 80 | Anson Funds Management#80 · 260,000 sh | 260,000 | $2.4M | 0.14% | -26.3% |
| 81 | SIMPLEX TRADING#81 · 252,611 sh | 252,611 | $2.3M | <0.01% | New |
| 82 | Arrow Capital Management#82 · 250,000 sh | 250,000 | $2.3M | 1.27% | New |
| 83 | Lloyd Harbor Capital Management#83 · 250,000 sh | 250,000 | $2.3M | 2.36% | New |
| 84 | GRIZZLYROCK CAPITAL#84 · 243,500 sh | 243,500 | $2.2M | 1.56% | New |
| 85 | Holocene Advisors#85 · 235,385 sh | 235,385 | $2.2M | <0.01% | +1.1% |
| 86 | Moors & Cabot#86 · 230,884 sh | 230,884 | $2.1M | 0.08% | +352.7% |
| 87 | LEVIN CAPITAL STRATEGIES, L.P.#87 · 224,342 sh | 224,342 | $2.1M | 0.14% | +727.7% |
| 88 | MONEY CONCEPTS CAPITAL#88 · 222,166 sh | 222,166 | $2.0M | 0.09% | +13.1% |
| 89 | Y-Intercept (Hong Kong) Ltd#89 · 216,111 sh | 216,111 | $2.0M | — | New |
| 90 | Aventail Capital Group#90 · 211,472 sh | 211,472 | $1.9M | 0.11% | -21.1% |
| 91 | Beacon Pointe Advisors#91 · 211,002 sh | 211,002 | $1.9M | <0.01% | New |
| 92 | Covestor Ltd#92 · 209,572 sh | 209,572 | $1.9M | 1.11% | New |
| 93 | ANTIPODES PARTNERS Ltd#93 · 209,485 sh | 209,485 | $1.9M | 0.04% | +176.1% |
| 94 | Quantinno Capital Management#94 · 208,262 sh | 208,262 | $1.9M | <0.01% | +94.7% |
| 95 | Sequoia Financial Advisors#95 · 201,456 sh | 201,456 | $1.8M | <0.01% | New |
| 96 | MONETA GROUP INVESTMENT ADVISORS#96 · 200,228 sh | 200,228 | $1.8M | 0.01% | +42.9% |
| 97 | RAYMOND JAMES FINANCIAL#97 · 186,612 sh | 186,612 | $1.7M | <0.01% | +401.7% |
| 98 | BANK OF MONTREAL#98 · 185,426 sh | 185,426 | $1.7M | <0.01% | New |
| 99 | Toroso Investments#99 · 173,114 sh | 173,114 | $1.6M | <0.01% | +348.2% |
| 100 | CenterBook Partners#100 · 171,251 sh | 171,251 | $1.6M | 0.08% | New |
Funds that sold out of FRMI in Q2 2026 (41)
Held FRMI at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| T. Rowe Price Investment Management2,473,357 sh | 2,473,357 | $14.4M |
| Weiss Asset Management2,415,027 sh | 2,415,027 | $14.1M |
| TORTOISE CAPITAL ADVISORS, L.L.C.2,280,837 sh | 2,280,837 | $13.3M |
| Boston Partners1,101,977 sh | 1,101,977 | $6.4M |
| Engle Capital Management, L.P.1,015,000 sh | 1,015,000 | $5.9M |
| TUDOR INVESTMENT ET AL660,734 sh | 660,734 | $3.9M |
| SIR Capital Management, L.P.576,627 sh | 576,627 | $3.4M |
| VOLORIDGE INVESTMENT MANAGEMENT425,812 sh | 425,812 | $2.5M |
| Hudson Bay Capital Management400,010 sh | 400,010 | $2.3M |
| Pentwater Capital Management125,000 sh | 125,000 | $730.0K |
| SummitTX Capital, L.P.111,000 sh | 111,000 | $648.2K |
| PEAK6108,863 sh | 108,863 | $635.8K |
| Oak Thistle90,556 sh | 90,556 | $528.8K |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP90,222 sh | 90,222 | $526.9K |
| Advisory Services Network84,825 sh | 84,825 | $495.4K |
| Bridgewater Associates83,927 sh | 83,927 | $490.1K |
| FEDERATED HERMES35,000 sh | 35,000 | $204.4K |
| NISA INVESTMENT ADVISORS31,546 sh | 31,546 | $184.2K |
| ENVESTNET ASSET MANAGEMENT30,145 sh | 30,145 | $176.0K |
| Intrinsic Edge Capital Management30,000 sh | 30,000 | $175.2K |
| LEUCADIA NATIONAL26,790 sh | 26,790 | $156.5K |
| PFG Investments25,000 sh | 25,000 | $146.0K |
| STATE OF WISCONSIN INVESTMENT BOARD23,901 sh | 23,901 | $139.6K |
| BOOTHBAY FUND MANAGEMENT22,226 sh | 22,226 | $129.8K |
| Scientech Research21,988 sh | 21,988 | $128.4K |
| Greenland Capital Management20,000 sh | 20,000 | $116.8K |
| Jump Financial18,747 sh | 18,747 | $109.5K |
| SOROS FUND MANAGEMENT15,805 sh | 15,805 | $92.3K |
| Renaissance Capital17,499 sh | 17,499 | $89.8K |
| Machina Capital S.A.S.14,820 sh | 14,820 | $86.5K |
| TORONTO DOMINION BANK4,450 sh | 4,450 | $26.0K |
| Leonteq Securities AG3,000 sh | 3,000 | $17.5K |
| Federation des caisses Desjardins du Quebec2,000 sh | 2,000 | $11.7K |
| Innovative Asset Advisors Group702 sh | 702 | $4.1K |
| MAI Capital Management452 sh | 452 | $2.6K |
| RMG Wealth Management300 sh | 300 | $1.6K |
| Clearstead214 sh | 214 | $1.3K |
| AdvisorNet Financial100 sh | 100 | $584.00 |
| True Wealth Design28 sh | 28 | $164.00 |
| ISLAY CAPITAL MANAGEMENT25 sh | 25 | $146.00 |
| Root Financial Partners10 sh | 10 | $58.00 |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.