% of shares outstanding is not shown for BAB: 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 BAB in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | Annex Advisory Services, LLC | 3,179,9943.2M | $86M | — | ADD 4% |
| 2 | RAYMOND JAMES FINANCIAL INC | 1,612,8641.6M | $43M | — | — |
| 3 | HighTower Advisors, LLC | 1,588,2191.6M | $43M | — | ADD 5% |
| 4 | AMERIPRISE FINANCIAL INC | 1,324,5631.3M | $36M | — | ADD 8% |
| 5 | STATE OF WISCONSIN INVESTMENT BOARD | 1,318,8001.3M | $36M | — | — |
| 6 | BANK OF AMERICA CORP /DE/ | 1,002,8741.0M | $27M | — | TRIM -8% |
| 7 | MORGAN STANLEY | 824,277824,277 | $22M | — | TRIM -6% |
| 8 | WELLS FARGO & COMPANY/MN | 791,031791,031 | $21M | — | ADD 15% |
| 9 | ENVESTNET ASSET MANAGEMENT INC | 676,858676,858 | $18M | — | ADD 31% |
| 10 | GOULD ASSET MANAGEMENT LLC /CA/ | 668,113668,113 | $18M | — | ADD 2% |
| 11 | SUMITOMO MITSUI FINANCIAL GROUP, INC. | 659,038659,038 | $18M | — | ADD 4% |
| 12 | PNC FINANCIAL SERVICES GROUP, INC. | 596,314596,314 | $16M | — | TRIM -11% |
| 13 | CONNING INC. | 490,000490,000 | $13M | — | — |
| 14 | BANK OF MONTREAL /CAN/ | 463,578463,578 | $12M | — | TRIM -47% |
| 15 | Kingsview Wealth Management, LLC | 444,273444,273 | $12M | — | TRIM -41% |
| 16 | RATIONAL ADVISORS, INC. | 431,756431,756 | $12M | — | ADD 201% |
| 17 | Tortoise Investment Management, LLC | 428,478428,478 | $12M | — | ADD 3% |
| 18 | LPL Financial LLC | 421,001421,001 | $11M | — | TRIM -9% |
| 19 | UBS Group AG | 410,823410,823 | $11M | — | TRIM -17% |
| 20 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 337,597337,597 | $9M | — | ADD 7% |
| 21 | Maltin Wealth Management, Inc. | 290,214290,214 | $8M | — | ADD 4% |
| 22 | GUGGENHEIM CAPITAL LLC | 288,605288,605 | $8M | — | ADD 8% |
| 23 | Elevation Capital Advisory, LLC | 286,444286,444 | $8M | — | NEW |
| 24 | NewEdge Wealth, LLC | 257,158257,158 | $7M | — | ADD 5% |
| 25 | Bank of New York Mellon Corp | 248,446248,446 | $7M | — | TRIM -32% |
| 26 | Invesco Ltd. | 214,546214,546 | $6M | — | — |
| 27 | STIFEL FINANCIAL CORP | 202,983202,983 | $5M | — | ADD 4% |
| 28 | BARCLAYS PLC | 200,000200,000 | $5M | — | — |
| 29 | Shelter Mutual Insurance Co | 198,589198,589 | $5M | — | — |
| 30 | KEYBANK NATIONAL ASSOCIATION/OH | 194,329194,329 | $5M | — | TRIM -6% |
| 31 | TRUIST FINANCIAL CORP | 192,806192,806 | $5M | — | TRIM -5% |
| 32 | Hobbs Group Advisors, LLC | 185,198185,198 | $5M | — | — |
| 33 | Wealthspire Advisors, LLC | 180,498180,498 | $5M | — | TRIM -4% |
| 34 | GFS Advisors, LLC | 63,56263,562 | $5M | — | NEW |
| 35 | JONES FINANCIAL COMPANIES LLLP | 158,496158,496 | $4M | — | ADD 14% |
| 36 | MONEY CONCEPTS CAPITAL CORP | 130,281130,281 | $4M | — | ADD 6% |
| 37 | Oceanside Advisors LLC | 128,693128,693 | $3M | — | ADD 11% |
| 38 | Corient Private Wealth LLC | 127,199127,199 | $3M | — | — |
| 39 | Hudson Capital Management LLC | 121,715121,715 | $3M | — | ADD 11% |
| 40 | DONALDSON CAPITAL MANAGEMENT, LLC | 121,282121,282 | $3M | — | — |
| 41 | D L CARLSON INVESTMENT GROUP INC | 121,056121,056 | $3M | — | ADD 4% |
| 42 | ROYAL BANK OF CANADA | 119,622119,622 | $3M | — | TRIM -3% |
| 43 | Cetera Investment Advisers | 119,002119,002 | $3M | — | ADD 40% |
| 44 | Lakeshore Capital Group, Inc. | 117,149117,149 | $3M | — | — |
| 45 | Freedom Investment Management, Inc. | 115,774115,774 | $3M | — | ADD 15% |
| 46 | Astoria Portfolio Advisors LLC. | 114,698114,698 | $3M | — | ADD 3% |
| 47 | OSAIC HOLDINGS, INC. | 112,883112,883 | $3M | — | ADD 16% |
| 48 | Patten Group, Inc. | 108,548108,548 | $3M | — | ADD 4% |
| 49 | BNP PARIBAS FINANCIAL MARKETS | 105,926105,926 | $3M | — | ADD 156% |
| 50 | WRAPMANAGER INC | 101,921101,921 | $3M | — | ADD 6% |
| 51 | JANE STREET GROUP, LLC | 91,10091,100 | $2M | — | NEW |
| 52 | Cambridge Investment Research Advisors, Inc. | 90,08090,080 | $2M | — | ADD 22% |
| 53 | ANDERSON HOAGLAND & CO | 87,19287,192 | $2M | — | ADD 5% |
| 54 | Mirae Asset Global Investments Co., Ltd. | 86,94086,940 | $2M | — | TRIM -4% |
| 55 | OneDigital Investment Advisors LLC | 81,97081,970 | $2M | — | — |
| 56 | Signature Wealth Management Group | 81,36381,363 | $2M | — | — |
| 57 | PFG Investments, LLC | 76,94276,942 | $2M | — | ADD 5% |
| 58 | AE Wealth Management LLC | 74,35874,358 | $2M | — | TRIM -15% |
| 59 | TI-TRUST, INC | 73,46273,462 | $2M | — | — |
| 60 | MML INVESTORS SERVICES, LLC | 72,38772,387 | $2M | — | ADD 8% |
| 61 | &PARTNERS | 64,65864,658 | $2M | — | ADD 16% |
| 62 | KG Capital Management | 55,75355,753 | $2M | — | TRIM -17% |
| 63 | Eagle Bluffs Wealth Management LLC | 51,52551,525 | $1M | — | ADD 8% |
| 64 | World Investment Advisors | 50,84250,842 | $1M | — | ADD 6% |
| 65 | Spartan Wealth Advisory Services LLC | 47,87347,873 | $1M | — | NEW |
| 66 | ROBERTS GLORE & CO INC /IL/ | 45,98545,985 | $1M | — | — |
| 67 | CHAPMAN FINANCIAL GROUP, LLC | 44,17544,175 | $1M | — | ADD 8% |
| 68 | Family Legacy, Inc. | 41,91041,910 | $1M | — | — |
| 69 | JPMORGAN CHASE & CO | 37,92537,925 | $1M | — | TRIM -11% |
| 70 | Kestra Advisory Services, LLC | 37,29437,294 | $1M | — | ADD 9% |
| 71 | CIBC Bancorp USA Inc. | 37,12637,126 | $1M | — | NEW |
| 72 | Advisory Alpha, LLC | 33,25333,253 | $896,523 | — | TRIM -39% |
| 73 | CIBC WORLD MARKET INC. | 33,00033,000 | $889,680 | — | NEW |
| 74 | GUIDANCE CAPITAL, INC | 32,09232,092 | $862,305 | — | NEW |
| 75 | Savvy Advisors, Inc. | 31,96531,965 | $861,779 | — | TRIM -2% |
| 76 | CITADEL ADVISORS LLC | 31,05631,056 | $837,270 | — | NEW |
| 77 | Whipplewood Advisors, LLC | 29,73329,733 | $801,602 | — | — |
| 78 | GOLDMAN SACHS GROUP INC | 28,87828,878 | $778,551 | — | ADD 48% |
| 79 | Cullen/Frost Bankers, Inc. | 27,26827,268 | $735,140 | — | ADD 70% |
| 80 | Moors & Cabot, Inc. | 26,37726,377 | $711,124 | — | ADD 19% |
| 81 | Glassy Mountain Advisors, Inc. | 26,24026,240 | $707,420 | — | ADD 5% |
| 82 | Ascentis Independent Advisors | 25,35625,356 | $683,591 | — | TRIM -19% |
| 83 | Sanctuary Advisors, LLC | 24,26124,261 | $654,067 | — | ADD 34% |
| 84 | Hilltop Holdings Inc. | 23,97323,973 | $646,307 | — | TRIM -4% |
| 85 | ATLAS CAPITAL ADVISORS INC. | 23,56923,569 | $635,420 | — | ADD 8% |
| 86 | CAPSTONE CAPITAL LLC | 23,26123,261 | $627,117 | — | — |
| 87 | ZEGA Investments, LLC | 22,39522,395 | $603,769 | — | NEW |
| 88 | DAVENPORT & Co LLC | 21,18921,189 | $571,255 | — | ADD 13% |
| 89 | COMMONWEALTH EQUITY SERVICES, LLC | 20,94020,940 | $564,558 | — | ADD 7% |
| 90 | MassMutual Private Wealth & Trust, FSB | 20,70020,700 | $558,072 | — | ADD 29% |
| 91 | United Asset Strategies, Inc. | 20,69720,697 | $557,984 | — | ADD 2% |
| 92 | OPPENHEIMER & CO INC | 19,84919,849 | $535,129 | — | — |
| 93 | Bangor Savings Bank | 19,38419,384 | $522,594 | — | TRIM -16% |
| 94 | Hunter Perkins Capital Management, LLC | 19,24919,249 | $519,000 | — | NEW |
| 95 | Caldwell Trust Co | 18,72218,722 | $504,745 | — | NEW |
| 96 | Traub Capital Management LLC | 17,52517,525 | $472,474 | — | ADD 5% |
| 97 | Freestone Capital Holdings, LLC | 17,52117,521 | $472,366 | — | TRIM -42% |
| 98 | Centric Wealth Management | 17,10017,100 | $457,938 | — | TRIM -25% |
| 99 | Onyx Bridge Wealth Group LLC | 16,94716,947 | $456,901 | — | TRIM -28% |
| 100 | PARK AVENUE SECURITIES LLC | 16,67816,678 | $450,000 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| Annex Advisory Services, LLC | — | — | — | — | 3.1M | 3.2M | $86M |
| RAYMOND JAMES FINANCIAL INC | 1.6M | 1.5M | 1.5M | 1.5M | 1.6M | 1.6M | $43M |
| HighTower Advisors, LLC | 1.2M | 1.3M | 1.3M | 1.4M | 1.5M | 1.6M | $43M |
| AMERIPRISE FINANCIAL INC | 1.1M | 1.2M | 1.2M | 1.1M | 1.2M | 1.3M | $36M |
| STATE OF WISCONSIN INVESTMENT BOARD | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | $36M |
| BANK OF AMERICA CORP /DE/ | 1.2M | 1.1M | 1.1M | 1.1M | 1.1M | 1.0M | $27M |
| MORGAN STANLEY | 688K | 511K | 497K | 604K | 879K | 824K | $22M |
| WELLS FARGO & COMPANY/MN | 656K | 650K | 666K | 623K | 690K | 791K | $21M |
| ENVESTNET ASSET MANAGEMENT INC | 1.2M | 838K | 765K | 491K | 518K | 677K | $18M |
| GOULD ASSET MANAGEMENT LLC /CA/ | 500K | 560K | 600K | 616K | 654K | 668K | $18M |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. | 752K | 741K | 682K | 642K | 633K | 659K | $18M |
| PNC FINANCIAL SERVICES GROUP, INC. | 1.0M | 852K | 735K | 716K | 667K | 596K | $16M |
| CONNING INC. | 470K | 490K | 490K | 490K | 490K | 490K | $13M |
| BANK OF MONTREAL /CAN/ | 688K | 701K | 736K | 831K | 874K | 464K | $12M |
| Kingsview Wealth Management, LLC | 297K | 328K | 341K | 713K | 759K | 444K | $12M |
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.
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 | |
|---|---|---|---|
| RATIONAL ADVISORS, INC. | +288,500 | $8M | ADD |
| Elevation Capital Advisory, LLC | +286,444 | $8M | OPEN |
| ENVESTNET ASSET MANAGEMENT INC | +158,494 | $4M | ADD |
| Annex Advisory Services, LLC | +114,345 | $3M | ADD |
| WELLS FARGO & COMPANY/MN | +100,745 | $3M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| BANK OF MONTREAL /CAN/ | −410,233 | $11M | TRIM |
| Kingsview Wealth Management, LLC | −314,713 | $8M | TRIM |
| Bank of New York Mellon Corp | −117,792 | $3M | TRIM |
| BANK OF AMERICA CORP /DE/ | −90,621 | $2M | TRIM |
| UBS Group AG | −81,381 | $2M | TRIM |
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).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 188 | 25,157,622 | — | $680M |
| 2025-Q4 | 197 | 24,866,065 | — | $676M |
| 2025-Q3 | 180 | 20,697,780 | — | $565M |
| 2025-Q2 | 184 | 21,978,826 | — | $583M |
| 2025-Q1 | 181 | 22,679,748 | — | $606M |
| 2024-Q4 | 195 | 25,356,302 | — | $663M |
| 2024-Q3 | 189 | 24,611,814 | — | $678M |
| 2024-Q2 | 200 | 25,530,504 | — | $673M |
| 2024-Q1 | 200 | 31,302,802 | — | $829M |
| 2023-Q4 | 192 | 40,716,222 | — | $1.1B |
| 2023-Q3 | 181 | 39,930,177 | — | $1.0B |
| 2023-Q2 | 185 | 43,175,005 | — | $1.1B |
| 2023-Q1 | 181 | 39,268,872 | — | $1.1B |
| 2022-Q4 | 177 | 38,459,162 | — | $988M |
| 2022-Q3 | 181 | 42,513,671 | — | $1.1B |
| 2022-Q2 | 187 | 40,676,761 | — | $1.1B |
| 2022-Q1 | 192 | 43,023,173 | — | $1.3B |
| 2021-Q4 | 199 | 46,676,942 | — | $1.5B |
| 2021-Q3 | 186 | 47,923,251 | — | $1.6B |
| 2021-Q2 | 189 | 45,794,135 | — | $1.5B |
| 2021-Q1 | 187 | 44,594,780 | — | $1.4B |
| 2020-Q4 | 184 | 41,656,137 | — | $1.4B |
| 2020-Q3 | 161 | 38,007,785 | — | $1.3B |
| 2020-Q2 | 142 | 22,964,437 | — | $755M |
| 2020-Q1 | 142 | 20,246,938 | — | $624M |
| 2019-Q4 | 143 | 20,035,544 | — | $635M |
| 2019-Q3 | 137 | 19,069,279 | — | $618M |
| 2019-Q2 | 123 | 15,458,940 | — | $488M |
| 2019-Q1 | 121 | 12,877,012 | — | $394M |
| 2018-Q4 | 121 | 10,637,987 | — | $316M |
| 2018-Q3 | 114 | 11,808,750 | — | $343M |
| 2018-Q2 | 114 | 12,293,306 | — | $364M |
| 2016-Q1 | 1 | 6,687 | — | $204,000 |
