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Fermi Inc.

FRMI
Exchange
Nasdaq
Industry
Real Estate Investment Trusts
SEC CIK
0002071778

In the last 90 days, Fermi Inc. insiders filed 0 open-market purchases and 1 sale; 295 institutions reported holding it in 13F filings for Q2 2026, worth $1.48B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Fermi Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
158
+158 vs. Q3 2025
Shares held
45.3M
+45.3M vs. Q3 2025
Total value
$362.5M
+$362.5M vs. Q3 2025
New holders
158
0 more added
Sold out
0
0 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting FRMI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 158 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 0 institutionsQ1 2025: 0 institutionsQ2 2025: 0 institutionsQ3 2025: 0 institutionsQ4 2025: 158 institutionsQ1 2026: 211 institutionsQ2 2026: 295 institutions
Value heldQ4 2025: $362.5M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $0Q4 2025: $362.5MQ1 2026: $425.8MQ2 2026: $1.48B
Institutions holding FRMI and their total value by quarter
QuarterHoldersValue
Q2 2026295$1.48B
Q1 2026211$425.8M
Q4 2025158$362.5M
Q3 20250$0
Q2 20250$0
Q1 20250$0
Q4 20240$0
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Fermi Inc.; share changes are against Q3 2025.

Institutions holding FRMI in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Jefferies Financial Group Inc.3,321,021$26.6M0.22%+3,321,021New
UBS Group AG2,649,944$21.2M0.00%+2,649,944New
Point72 Asset Management, L.P.2,217,384$17.7M0.03%+2,217,384New
Balyasny Asset Management LLC2,068,609$16.5M0.03%+2,068,609New
M&G Plc1,805,415$14.4M0.07%+1,805,415New
Bank of America Corp1,790,885$14.3M0.00%+1,790,885New
Verition Fund Management LLC1,574,316$12.6M0.07%+1,574,316New
Nuveen, LLC1,383,436$11.1M0.00%+1,383,436New
Millennium Management LLC1,358,815$10.9M0.01%+1,358,815New
Two Sigma Investments, LP1,308,605$10.5M0.02%+1,308,605New
Highland Capital Management Fund Advisors, L.P.1,301,478$10.4M0.73%+1,301,478New
LMR Partners LLP1,289,411$10.3M0.10%+1,289,411New
Citadel Advisors LLC1,232,175$9.86M0.01%+1,232,175New
Boston Partners1,197,382$9.60M0.01%+1,197,382New
OpenArc Corporate Advisory, LLC1,100,000$8.80M0.15%+1,100,000New
Tortoise Capital Advisors, L.L.C.1,083,974$8.67M0.11%+1,083,974New
Invesco Ltd.1,035,454$8.28M0.00%+1,035,454New
Susquehanna International Group, LLP859,942$6.88M0.01%+859,942New
Vanguard Group Inc850,283$6.80M0.00%+850,283New
Adage Capital Partners GP, L.L.C.820,000$6.56M0.01%+820,000New
Schonfeld Strategic Advisors LLC795,978$6.37M0.03%+795,978New
D. E. Shaw & Co., Inc.751,592$6.01M0.00%+751,592New
Empire Life Investments Inc.701,422$5.61M0.32%+701,422New
Geode Capital Management, LLC686,351$5.49M0.00%+686,351New
Philadelphia Financial Management of San Francisco, LLC677,866$5.42M1.12%+677,866New
BNP Paribas Arbitrage, SA590,345$4.72M0.00%+590,345New
MidWestOne Financial Group, Inc.545,474$4.36M0.48%+545,474New
State Street Corp530,355$4.24M0.00%+530,355New
Manufacturers Life Insurance Company, The458,800$3.67M0.00%+458,800New
Weiss Asset Management LP454,263$3.63M0.05%+454,263New
Bridgewater Associates, LP450,936$3.61M0.01%+450,936New
BlackRock, Inc.442,877$3.54M0.00%+442,877New
ArrowMark Colorado Holdings LLC430,316$3.44M0.08%+430,316New
Marshall Wace, LLP411,283$3.29M0.00%+411,283New
FMR LLC400,847$3.21M0.00%+400,847New
Woodline Partners LP400,000$3.20M0.01%+400,000New
Anson Funds Management LP352,672$2.82M0.39%+352,672New
Gotham Asset Management, LLC350,195$2.80M0.01%+350,195New
Renaissance Technologies LLC341,300$2.73M0.00%+341,300New
Morgan Stanley297,129$2.38M0.00%+297,129New
Jane Street Group, LLC294,350$2.35M0.00%+294,350New
SIR Capital Management, L.P.281,827$2.25M0.25%+281,827New
Sovereign's Capital Management, LLC275,958$2.21M1.34%+275,958New
Hel Ved Capital Management Ltd272,800$2.18M0.75%+272,800New
Aventail Capital Group, LP246,812$1.97M0.11%+246,812New
HRT Financial LP246,458$1.97M0.01%+246,458New
Ratan Capital Management LP240,911$1.93M0.53%+240,911New
Holocene Advisors, LP165,087$1.32M0.00%+165,087New
XTX Topco Ltd143,641$1.15M0.03%+143,641New
Quadrature Capital Ltd134,893$1.08M0.01%+134,893New
HSBC Holdings PLC130,737$1.06M0.00%+130,737New
Nomura Holdings Inc118,876$951.0K0.00%+118,876New
Engineers Gate Manager LP110,613$884.9K0.01%+110,613New
Horizon Kinetics Asset Management LLC108,701$869.6K0.01%+108,701New
Brevan Howard Capital Management LP96,300$778.1K0.01%+96,300New
JPMorgan Chase & Co96,017$768.1K0.00%+96,017New
Citigroup Inc91,499$732.0K0.00%+91,499New
Axxcess Wealth Management, LLC75,500$604.0K0.01%+75,500New
Pentwater Capital Management LP75,000$600.0K0.00%+75,000New
Gilder Gagnon Howe & Co LLC70,872$567.0K0.01%+70,872New
Barclays PLC69,536$556.3K0.00%+69,536New
Advisory Services Network, LLC68,955$551.6K0.01%+68,955New
Goldman Sachs Group Inc65,170$521.4K0.00%+65,170New
Stifel Financial Corp60,870$487.0K0.00%+60,870New
Soros Fund Management LLCSuperinvestorSoros Fund Management60,539$484.3K0.01%+60,539New
Antipodes Partners Ltd58,160$465.3K0.01%+58,160New
Winton Group Ltd56,128$449.0K0.02%+56,128New
Centiva Capital, LP55,000$440.0K0.03%+55,000New
Nisa Investment Advisors, LLC52,928$423.4K0.00%+52,928New
Shay Capital LLC49,260$394.1K0.06%+49,260New
LPL Financial LLC47,195$377.6K0.00%+47,195New
Northern Trust Corp46,538$372.3K0.00%+46,538New
HITE Hedge Asset Management LLC45,413$363.3K0.02%+45,413New
Gsa Capital Partners LLP45,300$362.0K0.03%+45,300New
Luminus Management LLC40,000$320.0K0.30%+40,000New
Quantinno Capital Management LP37,812$302.5K0.00%+37,812New
Capelight Capital Asset Management LP36,452$291.6K0.29%+36,452New
Cetera Investment Advisers35,722$285.8K0.00%+35,722New
Polymer Capital Management (HK) LTD35,100$280.8K0.04%+35,100New
Bank of New York Mellon Corp34,450$275.6K0.00%+34,450New
Cantor Fitzgerald, L. P.32,500$260.0K0.01%+32,500New
Wells Fargo & Company31,421$251.4K0.00%+31,421New
Van Eck Associates Corp31,027$248.0K0.00%+31,027New
Royal Bank of Canada27,525$220.0K0.00%+27,525New
Victory Capital Management Inc26,363$210.9K0.00%+26,363New
Envestnet Asset Management Inc25,456$203.6K0.00%+25,456New
Diametric Capital, LP24,590$196.7K0.05%+24,590New
PEAK6 LLC24,455$195.6K0.01%+24,455New
Two Sigma Advisers, LP23,900$191.2K0.00%+23,900New
Rhumbline Advisers23,728$189.8K0.00%+23,728New
Renaissance Capital LLC22,804$182.4K0.13%+22,804New
WJ Financial Advisors LLC20,920$167.4K0.15%+20,920New
Federated Hermes, Inc.20,000$160.0K0.00%+20,000New
Pekin Hardy Strauss, Inc.19,725$157.8K0.01%+19,725New
ORG Wealth Partners, LLC18,817$150.5K0.04%+18,817New
Levin Capital Strategies, L.P.17,000$136.0K0.01%+17,000New
Price T Rowe Associates Inc16,516$133.0K0.00%+16,516New
Concorde Asset Management, LLC15,150$121.2K0.05%+15,150New
Evercore Wealth Management, LLC15,000$120.0K0.00%+15,000New
Treasurer of the State of North Carolina15,010$120.0K0.00%+15,010New