% of shares outstanding is not shown for BINV: 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 BINV 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 | HANTZ FINANCIAL SERVICES, INC. | 4,115,7514.1M | $170M | — | TRIM -12% |
| 2 | BENJAMIN EDWARDS INC | 1,303,1991.3M | $54M | — | ADD 67% |
| 3 | OSAIC HOLDINGS, INC. | 484,602484,602 | $20M | — | TRIM -12% |
| 4 | JANE STREET GROUP, LLC | 390,073390,073 | $16M | — | ADD 554% |
| 5 | Nvest Wealth Strategies, Inc. | 313,279313,279 | $13M | — | ADD 19% |
| 6 | SCOTIA CAPITAL INC. | 301,440301,440 | $12M | — | TRIM -50% |
| 7 | Security National Bank | 226,310226,310 | $9M | — | ADD 7% |
| 8 | Balance Wealth, LLC | 181,875181,875 | $7M | — | — |
| 9 | STIFEL FINANCIAL CORP | 163,960163,960 | $7M | — | ADD 257% |
| 10 | Brooklyn Investment Group | 155,337155,337 | $6M | — | ADD 14% |
| 11 | EVOLVE PRIVATE WEALTH, LLC | 145,894145,894 | $6M | — | TRIM -3% |
| 12 | LPL Financial LLC | 137,087137,087 | $6M | — | TRIM -5% |
| 13 | ENVESTNET ASSET MANAGEMENT INC | 101,422101,422 | $4M | — | ADD 1248% |
| 14 | Horizon Family Wealth, Inc. | 99,08299,082 | $4M | — | ADD 2% |
| 15 | Avior Wealth Management, LLC | 97,67097,670 | $4M | — | ADD 155% |
| 16 | Fjell Capital, LLC | 82,29882,298 | $3M | — | ADD 4% |
| 17 | Madison Asset Management, LLC | 78,86178,861 | $3M | — | ADD 21% |
| 18 | COMMONWEALTH EQUITY SERVICES, LLC | 78,30978,309 | $3M | — | ADD 496% |
| 19 | Rockefeller Capital Management L.P. | 66,53066,530 | $3M | — | ADD 634% |
| 20 | Integrated Wealth Concepts LLC | 61,32461,324 | $3M | — | NEW |
| 21 | Ironsides Asset Advisors, LLC | 60,67760,677 | $3M | — | NEW |
| 22 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 43,69743,697 | $2M | — | ADD 351% |
| 23 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 35,47635,476 | $1M | — | ADD 20% |
| 24 | Sanctuary Advisors, LLC | 31,55431,554 | $1M | — | ADD 101% |
| 25 | TRUIST FINANCIAL CORP | 29,91129,911 | $1M | — | ADD 480% |
| 26 | HighTower Advisors, LLC | 28,28228,282 | $1M | — | ADD 30% |
| 27 | B. Riley Wealth Advisors, Inc. | 21,17621,176 | $848,524 | — | NEW |
| 28 | CITADEL ADVISORS LLC | 15,68815,688 | $646,659 | — | NEW |
| 29 | GOLDMAN SACHS GROUP INC | 15,66915,669 | $645,876 | — | NEW |
| 30 | Cambridge Investment Research Advisors, Inc. | 12,49512,495 | $515,000 | — | ADD 8% |
| 31 | GTS SECURITIES LLC | 12,16412,164 | $501,400 | — | NEW |
| 32 | Kestra Advisory Services, LLC | 10,46610,466 | $431,409 | — | ADD 179% |
| 33 | Curtis Advisory Group, LLC | 9,5919,591 | $395,341 | — | TRIM -83% |
| 34 | SMITH, MOORE & CO. | 9,4639,463 | $390,051 | — | TRIM -4% |
| 35 | ROYAL BANK OF CANADA | 9,0709,070 | $374,000 | — | ADD 297% |
| 36 | Mills Wealth Advisors LLC | 5,5975,597 | $230,708 | — | — |
| 37 | MANCHESTER FINANCIAL INC | 5,0465,046 | $207,978 | — | — |
| 38 | MORGAN STANLEY | 904904 | $37,263 | — | NEW |
| 39 | Allworth Financial LP | 856856 | $35,274 | — | ADD 159% |
| 40 | UBS Group AG | 617617 | $25,433 | — | NEW |
| 41 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 609609 | $25,103 | — | NEW |
| 42 | NATIONAL BANK OF CANADA /FI/ | 545545 | $22,465 | — | NEW |
| 43 | CWM, LLC | 2323 | $948 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| HANTZ FINANCIAL SERVICES, INC. | 4.0M | 4.2M | 4.4M | 4.5M | 4.7M | 4.1M | $170M |
| BENJAMIN EDWARDS INC | — | — | — | — | 780K | 1.3M | $54M |
| OSAIC HOLDINGS, INC. | 74K | 130K | 461K | 511K | 548K | 485K | $20M |
| JANE STREET GROUP, LLC | 43K | 11K | 52K | 9K | 60K | 390K | $16M |
| Nvest Wealth Strategies, Inc. | — | — | — | — | 264K | 313K | $13M |
| SCOTIA CAPITAL INC. | — | — | 492K | 614K | 603K | 301K | $12M |
| Security National Bank | — | — | — | — | 212K | 226K | $9M |
| Balance Wealth, LLC | — | 103K | 149K | 195K | 184K | 182K | $7M |
| STIFEL FINANCIAL CORP | — | — | 19K | 39K | 46K | 164K | $7M |
| Brooklyn Investment Group | — | 256 | 21K | 21K | 137K | 155K | $6M |
| EVOLVE PRIVATE WEALTH, LLC | — | — | — | — | 150K | 146K | $6M |
| LPL Financial LLC | — | — | — | 154K | 145K | 137K | $6M |
| ENVESTNET ASSET MANAGEMENT INC | 65K | 63K | 70K | 70K | 8K | 101K | $4M |
| Horizon Family Wealth, Inc. | — | — | — | 79K | 97K | 99K | $4M |
| Avior Wealth Management, LLC | — | — | — | — | 38K | 98K | $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 | 43 | 8,943,879 | — | $369M |
| 2025-Q4 | 37 | 8,315,122 | — | $334M |
| 2025-Q3 | 30 | 6,757,878 | — | $260M |
| 2025-Q2 | 23 | 6,056,662 | — | $217M |
| 2025-Q1 | 15 | 4,693,816 | — | $155M |
| 2024-Q4 | 7 | 4,405,960 | — | $132M |
| 2024-Q3 | 7 | 3,870,183 | — | $126M |
| 2024-Q2 | 3 | 3,045,349 | — |
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 | |
|---|---|---|---|
| BENJAMIN EDWARDS INC | +523,525 | $22M | ADD |
| JANE STREET GROUP, LLC | +330,444 | $14M | ADD |
| STIFEL FINANCIAL CORP | +118,079 | $5M | ADD |
| ENVESTNET ASSET MANAGEMENT INC | +93,898 | $4M | ADD |
| COMMONWEALTH EQUITY SERVICES, LLC | +65,166 | $3M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| HANTZ FINANCIAL SERVICES, INC. | −560,875 | $23M | TRIM |
| SCOTIA CAPITAL INC. | −301,505 | $12M | TRIM |
| OSAIC HOLDINGS, INC. | −63,099 | $3M | TRIM |
| Curtis Advisory Group, LLC | −47,246 | $2M | TRIM |
| Corient Private Wealth LLC | −23,280 | $959,602 | CLOSE |
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).
| $89M |
| 2024-Q1 | 8 | 2,388,261 | — | $71M |
| 2023-Q4 | 4 | 1,144,299 | — | $32M |
