Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in FA held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Silver Lake Group, L.L.C. | 89.6M | $1.05B | 0.0% | 52.209% | 28.63% |
| 2 | Capital World Investors | 10.4M | $122.3M | +14.3% | 6.062% | 0.02% |
| 3 | ALLIANCEBERNSTEIN L.P. | 7.9M | $114.9M | +16.5% | 4.610% | 0.04% |
| 4 | FMR LLC | 9.1M | $106.8M | +21.7% | 5.292% | 0.01% |
| 5 | BlackRock, Inc. | 6.0M | $70.4M | +2.8% | 3.492% | 0.00% |
| 6 | CAT ROCK CAPITAL MANAGEMENT LP | 4.2M | $49.7M | +26.5% | 2.465% | 7.73% |
| 7 | BAMCO INC /NY/ | 3.8M | $44.1M | 0.0% | 2.186% | 0.13% |
| 8 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.5M | $41.5M | β | 2.055% | 0.00% |
| 9 | VANGUARD CAPITAL MANAGEMENT LLC | 3.4M | $40.5M | β | 2.009% | 0.00% |
| 10 | Sunriver Management LLC | 3.0M | $35.7M | +14.0% | 1.768% | 6.03% |
| 11 | Boston Partners | 2.7M | $31.5M | +4.2% | 1.573% | 0.03% |
| 12 | AMERICAN CENTURY COMPANIES INC | 2.3M | $26.8M | +9.0% | 1.327% | 0.01% |
| 13 | DIMENSIONAL FUND ADVISORS LP | 2.1M | $24.7M | -4.4% | 1.224% | 0.01% |
| 14 | GEODE CAPITAL MANAGEMENT, LLC | 2.1M | $24.6M | +2.6% | 1.220% | 0.00% |
| 15 | STATE STREET CORP | 1.9M | $22.3M | +2.8% | 1.105% | 0.00% |
| 16 | PALISADE CAPITAL MANAGEMENT LLC/NJ | 1.7M | $20.1M | -3.2% | 0.996% | 0.67% |
| 17 | EMERALD ADVISERS, LLC | 1.1M | $13.5M | -12.4% | 0.669% | 0.43% |
| 18 | FRED ALGER MANAGEMENT, LLC | 991K | $11.7M | -35.9% | 0.578% | 0.05% |
| 19 | GLUSKIN SHEFF & ASSOC INC | 886K | $10.4M | -7.9% | 0.516% | 1.73% |
| 20 | MORGAN STANLEY | 751K | $8.8M | +11.4% | 0.438% | 0.00% |
| 21 | Leith Wheeler Investment Counsel Ltd. | 728K | $8.6M | +22.8% | 0.425% | 0.71% |
| 22 | EMERALD MUTUAL FUND ADVISERS TRUST | 673K | $7.9M | 0.0% | 0.392% | 0.38% |
| 23 | NORTHERN TRUST CORP | 670K | $7.9M | +3.0% | 0.391% | 0.00% |
| 24 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 668K | $7.9M | -0.7% | 0.389% | 0.00% |
| 25 | NEW YORK STATE COMMON RETIREMENT FUND | 664K | $7.8M | 0.0% | 0.387% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in FA β a direct measure of their conviction.
Filings activity in FA during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 160 | +12% | 71.46% | 18.15 pp | $2.02B | 20% |
| Q4 2025 | 143 | 2.7% | 89.61% | 6.15 pp | $2.53B | 6.4% |
| Q3 2025 | 147 | 7.0% | 95.76% | 7.13 pp | $2.71B | 6.9% |
| Q2 2025 | 158 | +6.8% | 102.89% | +16.00 pp | $2.91B | +18% |
| Q1 2025 | 148 | +3.5% | 86.89% | 26.35 pp | $2.46B | 23% |
| Q4 2024 | 143 | +13% | 113.24% | +8.89 pp | $3.20B | +8.5% |
| Q3 2024 | 126 | +6.8% | 104.35% | +20.90 pp | $2.95B | +25% |
| Q2 2024 | 118 | β | 83.45% | β | $2.36B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FA stock.
Based on Q1 2026 13F filings, institutional ownership of First Advantage Corporation stands at 71.5%, held across 160 reporting institutions.
Silver Lake Group, L.L.C. is the largest reported institutional holder of FA, with approximately 89,557,840 shares worth $1.05B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of FA.
Our composite Smart Money Score for FA is 31 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
44 institutions opened new positions in FA during Q1 2026, while 27 fully exited. 35 added to existing positions and 80 trimmed.
FA institutional ownership fell by 18.15 percentage points quarter-over-quarter, with a net change of +17 holders.
The top 10 institutions account for 83.1% of all reported 13F value in FA, and the top 25 account for 94.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
First Advantage Corporation (FA) Institutional Ownership