% of shares outstanding is not shown for AVNM: this is a fund line, and we hold no cover-page share count for it at any quarter — a fund's shares outstanding move with creations and redemptions rather than with issuance and buybacks, and it is not the SEC cover-page count this percentage is defined against. The figure is withheld rather than computed against a count that does not exist. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for AVNM in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| Merit Financial Group, LLC | — | — | 1.7M | 1.8M | 1.9M | 2.0M | $154M |
| COMMONWEALTH EQUITY SERVICES, LLC | — | 626K | 649K | 654K | 644K | 771K | $59M |
| Geometric Wealth Advisors | 217K | 218K | 671K | 674K | 684K | 714K | $54M |
| Wealth Management Partners, LLC | — | — | 329K | 330K | 339K | 381K | $29M |
| BWM Planning, LLC | 176K | 193K | 239K | 260K | 335K | 379K | $29M |
| Duncan Williams Asset Management, LLC | — | — | — | 8K | 280K | 314K | $24M |
| TRUIST FINANCIAL CORP | — | — | — | 197K | 205K | 216K | $16M |
| LPL Financial LLC | — | — | — | — | — | 197K | $15M |
| ENVESTNET ASSET MANAGEMENT INC | — | — | — | 190K | 191K | 190K | $14M |
| HOWARD BAILEY SECURITIES, LLC | — | — | — | — | 133K | 149K | $11M |
| Cerity Partners LLC | — | — | — | — | — | 145K | $11M |
| Peak Asset Management, LLC | 95K | 101K | 110K | 116K | 119K | 125K | $10M |
| OSAIC HOLDINGS, INC. | 22K | 23K | 30K | 31K | 43K | 68K | $5M |
| THOROUGHBRED FINANCIAL SERVICES, LLC | 7K | 20K | 27K | 39K | 54K | 61K | $5M |
| B&D White Capital Company, LLC | 122K | 138K | 138K | 140K | 140K | 56K | $4M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 53 | 6,159,801 | — | $469M |
| 2025-Q4 | 40 | 5,506,113 | — | $406M |
| 2025-Q3 | 37 | 4,680,757 | — | $331M |
| 2025-Q2 | 31 | 4,167,006 | — | $272M |
| 2025-Q1 | 22 | 1,521,470 | — | $89M |
| 2024-Q4 | 19 | 909,929 | — | $50M |
| 2024-Q3 | 12 | 575,062 | — | $35M |
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| LPL Financial LLC | +196,758 | $15M | OPEN |
| Cerity Partners LLC | +145,383 | $11M | OPEN |
| COMMONWEALTH EQUITY SERVICES, LLC | +127,419 | $10M | ADD |
| Merit Financial Group, LLC | +81,493 | $6M | ADD |
| BWM Planning, LLC | +43,660 | $3M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Edge Financial Advisors LLC | −164,799 | $13M | CLOSE |
| B&D White Capital Company, LLC | −84,122 | $6M | TRIM |
| BIP Wealth, LLC | −3,942 | $300,262 | CLOSE |
| Global Retirement Partners, LLC | −1,348 | $102,677 | CLOSE |
| ENVESTNET ASSET MANAGEMENT INC | −977 | $74,418 | — |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| 2024-Q2 | 11 | 251,209 | — | $14M |
| 2024-Q1 | 9 | 274,838 | — | $15M |
| 2023-Q4 | 5 | 146,602 | — | $8M |
| 2023-Q3 | 3 | 1,000 | — | $50,034 |
