% of shares outstanding is not shown for BAI: 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 BAI 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 | ENVESTNET ASSET MANAGEMENT INC | 66,537,66866.5M | $2.2B | — | ADD 15% |
| 2 | LPL Financial LLC | 27,365,12127.4M | $902M | — | ADD 17% |
| 3 | Dynasty Wealth Management, LLC | 19,651,11719.7M | $648M | — | ADD 65% |
| 4 | JPMORGAN CHASE & CO | 20,369,59520.4M | $635M | — | ADD 25% |
| 5 | AMERIPRISE FINANCIAL INC | 9,448,4649.4M | $311M | — | ADD 38% |
| 6 | MORGAN STANLEY | 9,094,6239.1M | $300M | — | ADD 32% |
| 7 | OpenArc Corporate Advisory, LLC | 7,930,8857.9M | $261M | — | ADD 49% |
| 8 | SAGESPRING WEALTH PARTNERS, LLC | 7,445,6177.4M | $245M | — | ADD 59% |
| 9 | BANK OF AMERICA CORP /DE/ | 6,752,7056.8M | $223M | — | ADD 31% |
| 10 | PARK AVENUE SECURITIES LLC | 6,238,5156.2M | $206M | — | ADD 9% |
| 11 | CWM, LLC | 5,610,9055.6M | $185M | — | ADD 10% |
| 12 | Envestnet Portfolio Solutions, Inc. | 5,585,0105.6M | $184M | — | — |
| 13 | MML INVESTORS SERVICES, LLC | 5,232,5725.2M | $172M | — | — |
| 14 | Cetera Investment Advisers | 4,800,6434.8M | $158M | — | ADD 12% |
| 15 | Janney Montgomery Scott LLC | 3,721,8273.7M | $123M | — | ADD 14% |
| 16 | RAYMOND JAMES FINANCIAL INC | 3,672,6603.7M | $121M | — | ADD 35% |
| 17 | Bank of New York Mellon Corp | 3,198,5813.2M | $105M | — | ADD 10% |
| 18 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 2,837,2282.8M | $93M | — | ADD 97735% |
| 19 | COMMONWEALTH EQUITY SERVICES, LLC | 2,775,7362.8M | $91M | — | ADD 13% |
| 20 | OneDigital Investment Advisors LLC | 2,674,6922.7M | $88M | — | ADD 20% |
| 21 | SOFI WEALTH, LLC | 2,602,6522.6M | $86M | — | ADD 6% |
| 22 | Merit Financial Group, LLC | 2,517,3152.5M | $83M | — | ADD 16% |
| 23 | Foundations Investment Advisors, LLC | 2,427,7192.4M | $80M | — | ADD 13% |
| 24 | JB Capital LLC | 2,123,2972.1M | $70M | — | ADD 2% |
| 25 | STIFEL FINANCIAL CORP | 1,700,4071.7M | $56M | — | ADD 10% |
| 26 | Advocacy Wealth Management, LLC | 1,647,4521.6M | $54M | — | ADD 6% |
| 27 | Sanctuary Advisors, LLC | 1,605,4541.6M | $53M | — | ADD 8% |
| 28 | OSAIC HOLDINGS, INC. | 1,600,9781.6M | $53M | — | ADD 51% |
| 29 | Thrivent Financial for Lutherans | 1,584,6791.6M | $52M | — | TRIM -19% |
| 30 | UNITED CAPITAL FINANCIAL ADVISORS, LLC | 1,516,1381.5M | $50M | — | — |
| 31 | Destination Wealth Management | 1,478,7501.5M | $49M | — | ADD 6% |
| 32 | UBS Group AG | 1,242,7431.2M | $41M | — | ADD 82% |
| 33 | BlackRock, Inc. | 1,158,9441.2M | $38M | — | TRIM -10% |
| 34 | Abundance Wealth Counselors | 1,114,2171.1M | $37M | — | — |
| 35 | ROYAL BANK OF CANADA | 1,081,8021.1M | $36M | — | ADD 44% |
| 36 | Quotient Wealth Partners, LLC | 1,051,2521.1M | $35M | — | ADD 7% |
| 37 | AE Wealth Management LLC | 999,677999,677 | $33M | — | ADD 8% |
| 38 | Ascent Group, LLC | 973,080973,080 | $32M | — | ADD 5% |
| 39 | C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors | 945,924945,924 | $31M | — | ADD 42% |
| 40 | NewEdge Advisors, LLC | 2,447,5582.4M | $30M | — | TRIM -21% |
| 41 | Icon Wealth Advisors, LLC | 721,285721,285 | $30M | — | ADD 17% |
| 42 | Cerity Partners LLC | 890,399890,399 | $29M | — | NEW |
| 43 | Atria Investments, Inc | 889,500889,500 | $29M | — | ADD 11% |
| 44 | Integrated Wealth Concepts LLC | 865,863865,863 | $29M | — | ADD 11% |
| 45 | INTEGRITY ALLIANCE, LLC. | 845,898845,898 | $28M | — | ADD 7% |
| 46 | CreativeOne Wealth, LLC | 809,890809,890 | $27M | — | ADD 8% |
| 47 | TRUIST FINANCIAL CORP | 742,434742,434 | $24M | — | ADD 10% |
| 48 | Cambridge Investment Research Advisors, Inc. | 738,319738,319 | $24M | — | ADD 12% |
| 49 | Arax Advisory Partners | 736,770736,770 | $24M | — | ADD 175% |
| 50 | ASSETMARK, INC | 732,673732,673 | $24M | — | ADD 311% |
| 51 | Equitable Holdings, Inc. | 709,777709,777 | $24M | — | ADD 47% |
| 52 | Parcion Private Wealth LLC | 714,233714,233 | $24M | — | TRIM -31% |
| 53 | IHT Wealth Management, LLC | 683,919683,919 | $23M | — | ADD 27% |
| 54 | PATTON ALBERTSON MILLER GROUP, LLC | 662,075662,075 | $22M | — | ADD 31% |
| 55 | Tennessee Valley Asset Management Partners | 641,141641,141 | $21M | — | ADD 85% |
| 56 | UNIQUE WEALTH, LLC | 634,211634,211 | $21M | — | ADD 68% |
| 57 | Scarborough Advisors, LLC | 627,606627,606 | $21M | — | ADD 23% |
| 58 | Shepherd Financial Partners LLC | 622,968622,968 | $21M | — | ADD 25% |
| 59 | MGO ONE SEVEN LLC | 618,804618,804 | $20M | — | ADD 18% |
| 60 | Horst & Graben Wealth Management LLC | 476,114476,114 | $20M | — | ADD 6% |
| 61 | Triad Wealth Partners, LLC | 602,252602,252 | $20M | — | ADD 55% |
| 62 | Sharkey, Howes & Javer | 593,338593,338 | $20M | — | ADD 4% |
| 63 | CFS Investment Advisory Services, LLC | 475,072475,072 | $19M | — | — |
| 64 | Kestra Advisory Services, LLC | 572,123572,123 | $19M | — | ADD 167% |
| 65 | Wharton Business Group, LLC | 556,675556,675 | $18M | — | NEW |
| 66 | Mariner, LLC | 551,902551,902 | $18M | — | TRIM -7% |
| 67 | West Wealth Group, LLC | 511,188511,188 | $17M | — | ADD 9% |
| 68 | Steward Partners Investment Advisory, LLC | 503,816503,816 | $17M | — | ADD 12% |
| 69 | Centerline Wealth Advisors, LLC | 479,288479,288 | $16M | — | ADD 15% |
| 70 | Trek Financial, LLC | 474,421474,421 | $16M | — | ADD 62% |
| 71 | Stone House Investment Management, LLC | 469,968469,968 | $15M | — | ADD 11% |
| 72 | MA Private Wealth | 469,158469,158 | $15M | — | ADD 4% |
| 73 | Vestmark Advisory Solutions, Inc. | 441,841441,841 | $15M | — | ADD 492% |
| 74 | Private Advisor Group, LLC | 435,284435,284 | $14M | — | ADD 6% |
| 75 | Stratos Wealth Partners, LTD. | 433,429433,429 | $14M | — | ADD 92% |
| 76 | Orion Porfolio Solutions, LLC | 432,972432,972 | $14M | — | ADD 9% |
| 77 | TSFG, LLC | 428,244428,244 | $14M | — | ADD 4% |
| 78 | KWB Wealth | 417,288417,288 | $14M | — | — |
| 79 | SteelPeak Wealth, LLC | 421,583421,583 | $14M | — | TRIM -4% |
| 80 | Keystone Financial Group | 418,803418,803 | $14M | — | ADD 17% |
| 81 | NorthRock Partners, LLC | 414,031414,031 | $14M | — | ADD 17% |
| 82 | Concurrent Investment Advisors, LLC | 409,659409,659 | $13M | — | ADD 86% |
| 83 | Capital Analysts, LLC | 402,514402,514 | $13M | — | ADD 116% |
| 84 | Perennial Investment Advisors, LLC | 399,006399,006 | $13M | — | ADD 16% |
| 85 | JANE STREET GROUP, LLC | 392,035392,035 | $13M | — | NEW |
| 86 | Gateway Wealth Partners, LLC | 388,529388,529 | $13M | — | ADD 375% |
| 87 | EQ LLC | 386,872386,872 | $13M | — | ADD 8% |
| 88 | Physician Wealth Advisors, Inc. | 386,284386,284 | $13M | — | ADD 5% |
| 89 | Security Financial Services, INC. | 384,843384,843 | $13M | — | ADD 6% |
| 90 | Storen Legacy Partners, LLC | 372,014372,014 | $12M | — | NEW |
| 91 | Farther Finance Advisors, LLC | 359,498359,498 | $12M | — | ADD 12% |
| 92 | PAX Financial Group, LLC | 356,430356,430 | $12M | — | ADD 11% |
| 93 | Buttonwood Financial Group, LLC | 353,593353,593 | $12M | — | ADD 23% |
| 94 | Kelly Financial Services LLC | 340,183340,183 | $11M | — | ADD 5% |
| 95 | Stokes Family Office, LLC | 336,584336,584 | $11M | — | — |
| 96 | One Wealth Advisors, LLC | 332,160332,160 | $11M | — | ADD 7% |
| 97 | Strategic Blueprint, LLC | 331,349331,349 | $11M | — | ADD 6% |
| 98 | MCMORGAN & CO LLC | 331,308331,308 | $11M | — | — |
| 99 | WEALTH ALLIANCE, LLC | 330,917330,917 | $11M | — | ADD 19% |
| 100 | Detalus Advisors, LLC | 326,924326,924 | $11M | — | ADD 25% |
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 |
|---|---|---|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC | — | — | 22.0M | 56.5M | 57.9M | 66.5M | $2.2B |
| LPL Financial LLC | — | 300K | 7.6M | 19.9M | 23.4M | 27.4M | $902M |
| Dynasty Wealth Management, LLC | — | — | — | — | 11.9M | 19.7M | $648M |
| JPMORGAN CHASE & CO | — | 109 | 3.9M | 17.2M | 16.2M | 20.4M | $635M |
| AMERIPRISE FINANCIAL INC | — | — | — | 2.7M | 6.8M | 9.4M | $311M |
| MORGAN STANLEY | — | — | 1.8M | 4.9M | 6.9M | 9.1M | $300M |
| OpenArc Corporate Advisory, LLC | — | — | — | — | 5.3M | 7.9M | $261M |
| SAGESPRING WEALTH PARTNERS, LLC | — | — | — | — | 4.7M | 7.4M | $245M |
| BANK OF AMERICA CORP /DE/ | — | — | 41 | — | 5.1M | 6.8M | $223M |
| PARK AVENUE SECURITIES LLC | — | — | — | 5.2M | 5.7M | 6.2M | $206M |
| CWM, LLC | — | — | 2.6M | 4.9M | 5.1M | 5.6M | $185M |
| Envestnet Portfolio Solutions, Inc. | — | — | 2.2M | 5.3M | 5.5M | 5.6M | $184M |
| MML INVESTORS SERVICES, LLC | — | — | 1.7M | 4.3M | 5.2M | 5.2M | $172M |
| Cetera Investment Advisers | — | — | 872K | 3.8M | 4.3M | 4.8M | $158M |
| Janney Montgomery Scott LLC | — | — | 832K | 3.1M | 3.3M | 3.7M | $123M |
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 | 534 | 311,613,854 | — | $10.2B |
| 2025-Q4 | 506 | 256,229,292 | — | $8.5B |
| 2025-Q3 | 383 | 192,212,742 | — | $6.6B |
| 2025-Q2 | 277 | 69,431,259 | — | $2.0B |
| 2025-Q1 | 27 | 1,959,416 | — | $43M |
| 2024-Q4 | 9 | 485,868 | — | $13M |
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 | |
|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC | +8,657,152 | $285M | ADD |
| Dynasty Wealth Management, LLC | +7,711,113 | $254M | ADD |
| JPMORGAN CHASE & CO | +4,134,372 | $136M | ADD |
| LPL Financial LLC | +3,958,770 | $130M | ADD |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | +2,834,328 | $93M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Austin Private Wealth, LLC | −845,384 | $28M | CLOSE |
| NewEdge Advisors, LLC | −641,629 | $21M | TRIM |
| US BANCORP \DE\ | −556,190 | $18M | TRIM |
| High Falls Advisors, Inc | −386,610 | $13M | CLOSE |
| Thrivent Financial for Lutherans | −376,677 | $12M | 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).
