% of shares outstanding is not shown for BSCU: 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 BSCU 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 | MORGAN STANLEY | 10,688,30810.7M | $179M | — | ADD 11% |
| 2 | Aptus Capital Advisors, LLC | 9,225,2949.2M | $154M | — | — |
| 3 | Lido Advisors, LLC | 8,438,0158.4M | $141M | — | ADD 7% |
| 4 | RAYMOND JAMES FINANCIAL INC | 5,147,8475.1M | $86M | — | — |
| 5 | LPL Financial LLC | 5,124,8485.1M | $86M | — | — |
| 6 | TruWealth Advisors, LLC | 4,680,4084.7M | $78M | — | ADD 3% |
| 7 | Invesco Ltd. | 4,405,1364.4M | $74M | — | ADD 4% |
| 8 | Clearstead Advisors, LLC | 3,820,5403.8M | $64M | — | ADD 7% |
| 9 | WELLS FARGO & COMPANY/MN | 3,254,5713.3M | $54M | — | ADD 17% |
| 10 | BANK OF AMERICA CORP /DE/ | 2,780,6912.8M | $46M | — | ADD 11% |
| 11 | ROYAL BANK OF CANADA | 2,639,6652.6M | $44M | — | ADD 5% |
| 12 | Hills Bank & Trust Co | 2,621,2072.6M | $44M | — | ADD 5% |
| 13 | Atlantic Union Bankshares Corp | 2,608,7542.6M | $44M | — | ADD 9% |
| 14 | UBS Group AG | 2,216,7572.2M | $37M | — | ADD 8% |
| 15 | HENGEHOLD CAPITAL MANAGEMENT LLC | 2,156,0892.2M | $36M | — | ADD 2% |
| 16 | &PARTNERS | 1,912,5121.9M | $32M | — | ADD 49% |
| 17 | Brookstone Capital Management | 1,903,8761.9M | $32M | — | — |
| 18 | TLWM | 1,805,6631.8M | $30M | — | ADD 9% |
| 19 | MAI Capital Management | 1,673,1961.7M | $28M | — | ADD 12% |
| 20 | IMA Advisory Services, Inc. | 1,448,5721.4M | $24M | — | ADD 2% |
| 21 | MONECO ADVISORS, LLC | 1,420,9951.4M | $24M | — | ADD 5% |
| 22 | Capital Investment Counsel, LLC | 1,168,9921.2M | $20M | — | ADD 13% |
| 23 | Clark Asset Management, LLC | 1,157,7361.2M | $19M | — | ADD 22% |
| 24 | ENVESTNET ASSET MANAGEMENT INC | 1,138,6221.1M | $19M | — | ADD 16% |
| 25 | Motley Fool Wealth Management, LLC | 1,049,3831.0M | $18M | — | TRIM -25% |
| 26 | Baird Financial Group, Inc. | 999,401999,401 | $17M | — | ADD 4% |
| 27 | FORONJY FINANCIAL LLC | 963,719963,719 | $16M | — | ADD 2% |
| 28 | Focus Partners Wealth | 959,962959,962 | $16M | — | ADD 2% |
| 29 | Advisors Capital Management, LLC | 955,693955,693 | $16M | — | — |
| 30 | DAVIS R M INC | 808,747808,747 | $14M | — | ADD 11% |
| 31 | OSAIC HOLDINGS, INC. | 763,061763,061 | $13M | — | ADD 10% |
| 32 | Asset Dedication, LLC | 717,414717,414 | $12M | — | ADD 11% |
| 33 | Cambridge Investment Research Advisors, Inc. | 692,248692,248 | $12M | — | ADD 5% |
| 34 | KIRR MARBACH & CO LLC /IN/ | 689,400689,400 | $12M | — | ADD 5% |
| 35 | MML INVESTORS SERVICES, LLC | 683,399683,399 | $11M | — | TRIM -6% |
| 36 | CVFG LLC | 670,503670,503 | $11M | — | NEW |
| 37 | CWM, LLC | 661,157661,157 | $11M | — | TRIM -13% |
| 38 | Janney Montgomery Scott LLC | 648,957648,957 | $11M | — | ADD 31% |
| 39 | COOKSON PEIRCE & CO INC | 646,116646,116 | $11M | — | — |
| 40 | CENTRAL VALLEY ADVISORS, LLC | 637,269637,269 | $11M | — | ADD 15% |
| 41 | Goepper Burkhardt LLC | 617,619617,619 | $10M | — | ADD 6% |
| 42 | Cornerstone Planning, LLC | 567,021567,021 | $9M | — | ADD 33% |
| 43 | JONES FINANCIAL COMPANIES LLLP | 551,941551,941 | $9M | — | ADD 27% |
| 44 | Independent Advisor Alliance | 509,239509,239 | $9M | — | NEW |
| 45 | AMERIPRISE FINANCIAL INC | 508,021508,021 | $8M | — | ADD 44% |
| 46 | AMJ Financial Wealth Management | 489,231489,231 | $8M | — | — |
| 47 | VISTA INVESTMENT MANAGEMENT | 479,552479,552 | $8M | — | — |
| 48 | HUB Investment Partners, LLC | 478,616478,616 | $8M | — | ADD 5% |
| 49 | VAUGHAN DAVID INVESTMENTS LLC/IL | 466,464466,464 | $8M | — | ADD 12% |
| 50 | Kestra Advisory Services, LLC | 457,911457,911 | $8M | — | ADD 3% |
| 51 | GPM Growth Investors, Inc. | 457,241457,241 | $8M | — | ADD 4% |
| 52 | Sanctuary Advisors, LLC | 453,873453,873 | $8M | — | ADD 7% |
| 53 | Marietta Wealth Management, LLC | 446,909446,909 | $7M | — | ADD 6% |
| 54 | Decker Wealth Management LLC | 430,184430,184 | $7M | — | ADD 6% |
| 55 | Modern Wealth Management, LLC | 374,410374,410 | $6M | — | — |
| 56 | ProVise Management Group, LLC | 374,385374,385 | $6M | — | ADD 65% |
| 57 | Waycross Investment Management Co | 368,183368,183 | $6M | — | TRIM -3% |
| 58 | Wilkins Miller Wealth Management, LLC | 366,781366,781 | $6M | — | ADD 7% |
| 59 | Cetera Investment Advisers | 366,431366,431 | $6M | — | ADD 42% |
| 60 | Colonial Trust Advisors | 363,052363,052 | $6M | — | ADD 12% |
| 61 | CITADEL ADVISORS LLC | 362,811362,811 | $6M | — | NEW |
| 62 | Addison Advisors LLC | 354,188354,188 | $6M | — | ADD 7% |
| 63 | PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC | 350,831350,831 | $6M | — | ADD 39% |
| 64 | MORTON COMMUNITY BANK | 324,935324,935 | $5M | — | ADD 2% |
| 65 | STEPHENS INC /AR/ | 313,580313,580 | $5M | — | ADD 4% |
| 66 | Ledgewood Wealth Advisors, LLC | 289,718289,718 | $5M | — | ADD 14% |
| 67 | Gladstone Institutional Advisory LLC | 286,629286,629 | $5M | — | NEW |
| 68 | Carroll Advisory Group, LLC | 286,149286,149 | $5M | — | ADD 36% |
| 69 | BCS Wealth Management | 279,332279,332 | $5M | — | TRIM -50% |
| 70 | Straight Path Wealth Management | 271,731271,731 | $5M | — | ADD 5% |
| 71 | NorthAvenue LLC | 269,116269,116 | $4M | — | ADD 3% |
| 72 | HighPoint Advisor Group LLC | 258,427258,427 | $4M | — | TRIM -29% |
| 73 | SFE Investment Counsel | 257,115257,115 | $4M | — | ADD 9% |
| 74 | HOWARD WEALTH MANAGEMENT, LLC | 254,823254,823 | $4M | — | ADD 6% |
| 75 | COMMONWEALTH EQUITY SERVICES, LLC | 249,359249,359 | $4M | — | ADD 23% |
| 76 | Atria Investments, Inc | 248,943248,943 | $4M | — | ADD 4% |
| 77 | Souders Financial Advisors | 243,575243,575 | $4M | — | ADD 3% |
| 78 | Carnegie Investment Counsel | 241,190241,190 | $4M | — | ADD 36% |
| 79 | Geneos Wealth Management Inc. | 234,725234,725 | $4M | — | ADD 5% |
| 80 | STIFEL FINANCIAL CORP | 233,812233,812 | $4M | — | ADD 8% |
| 81 | Horizons Wealth Management | 231,938231,938 | $4M | — | — |
| 82 | Coastline Complete Wealth LLC | 231,668231,668 | $4M | — | ADD 20% |
| 83 | Farnam Financial LLC | 228,922228,922 | $4M | — | ADD 7% |
| 84 | TRUIST FINANCIAL CORP | 208,992208,992 | $3M | — | TRIM -9% |
| 85 | Opulen Financial Group LLC | 206,535206,535 | $3M | — | ADD 11% |
| 86 | CAPTRUST FINANCIAL ADVISORS | 204,998204,998 | $3M | — | ADD 21% |
| 87 | JANE STREET GROUP, LLC | 202,657202,657 | $3M | — | NEW |
| 88 | Colonial Trust Co / SC | 202,413202,413 | $3M | — | ADD 5% |
| 89 | S.E.E.D. Planning Group LLC | 201,966201,966 | $3M | — | NEW |
| 90 | NOVARE CAPITAL MANAGEMENT LLC | 200,631200,631 | $3M | — | ADD 2% |
| 91 | Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 200,282200,282 | $3M | — | — |
| 92 | Infinity Wealth Counsel, LLC | 195,269195,269 | $3M | — | — |
| 93 | MGO ONE SEVEN LLC | 183,014183,014 | $3M | — | ADD 7% |
| 94 | FIRST NATIONAL BANK OF OMAHA | 179,094179,094 | $3M | — | TRIM -21% |
| 95 | Prospera Financial Services Inc | 167,894167,894 | $3M | — | ADD 3% |
| 96 | Avior Wealth Management, LLC | 164,815164,815 | $3M | — | ADD 4% |
| 97 | Private Advisor Group, LLC | 155,486155,486 | $3M | — | ADD 71% |
| 98 | Milestones Private Investment Advisors LLC | 153,787153,787 | $3M | — | — |
| 99 | Ellevest, Inc. | 152,829152,829 | $3M | — | — |
| 100 | AlphaStar Capital Management, LLC | 149,660149,660 | $3M | — | ADD 7% |
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 |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | 3.6M | 5.3M | 6.0M | 7.7M | 9.6M | 10.7M | $179M |
| Aptus Capital Advisors, LLC | 6.6M | 7.5M | 7.9M | 8.6M | 9.1M | 9.2M | $154M |
| Lido Advisors, LLC | — | 4.2M | 4.8M | 7.1M | 7.9M | 8.4M | $141M |
| RAYMOND JAMES FINANCIAL INC | 3.8M | 4.5M | 4.6M | 4.9M | 5.0M | 5.1M | $86M |
| LPL Financial LLC | 2.1M | 2.2M | 2.3M | 3.4M | 5.1M | 5.1M | $86M |
| TruWealth Advisors, LLC | 3.3M | 3.4M | 3.9M | 4.4M | 4.5M | 4.7M | $78M |
| Invesco Ltd. | 2.7M | 2.7M | 3.2M | 3.1M | 4.2M | 4.4M | $74M |
| Clearstead Advisors, LLC | 3.1M | 3.1M | 3.1M | 3.3M | 3.6M | 3.8M | $64M |
| WELLS FARGO & COMPANY/MN | 2.7M | 2.9M | 3.0M | 2.5M | 2.8M | 3.3M | $54M |
| BANK OF AMERICA CORP /DE/ | 1.5M | 1.5M | 1.6M | 1.7M | 2.5M | 2.8M | $46M |
| ROYAL BANK OF CANADA | 1.0M | 1.1M | 2.6M | 1.4M | 2.5M | 2.6M | $44M |
| Hills Bank & Trust Co | 1.7M | 2.0M | 2.1M | 2.4M | 2.5M | 2.6M | $44M |
| Atlantic Union Bankshares Corp | 1.5M | 1.8M | 1.9M | 2.2M | 2.4M | 2.6M | $44M |
| UBS Group AG | 1.2M | 1.3M | 1.4M | 1.7M | 2.1M | 2.2M | $37M |
| HENGEHOLD CAPITAL MANAGEMENT LLC | 1.5M | 1.6M | 2.0M | 2.0M | 2.1M | 2.2M | $36M |
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 | |
|---|---|---|---|
| MORGAN STANLEY | +1,089,332 | $18M | ADD |
| CVFG LLC | +670,503 | $11M | OPEN |
| &PARTNERS | +628,768 | $11M | ADD |
| Lido Advisors, LLC | +587,893 | $10M | ADD |
| Independent Advisor Alliance | +509,239 | $9M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Motley Fool Wealth Management, LLC | −341,157 | $6M | TRIM |
| BCS Wealth Management | −275,570 | $5M | TRIM |
| Legacy CG, LLC | −236,454 | $4M | CLOSE |
| NewEdge Advisors, LLC | −201,506 | $3M | CLOSE |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | −109,428 | $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 | 297 | 121,144,322 | — | $2.0B |
| 2025-Q4 | 275 | 111,505,463 | — | $1.9B |
| 2025-Q3 | 236 | 94,219,235 | — | $1.6B |
| 2025-Q2 | 216 | 82,694,946 | — | $1.4B |
| 2025-Q1 | 203 | 73,713,755 | — | $1.2B |
| 2024-Q4 | 201 | 60,895,788 | — | $997M |
| 2024-Q3 | 162 | 44,397,412 | — | $752M |
| 2024-Q2 | 142 | 35,400,962 | — | $570M |
| 2024-Q1 | 114 | 35,232,798 | — | $577M |
| 2023-Q4 | 101 | 24,391,151 | — | $406M |
| 2023-Q3 | 72 | 13,370,314 | — | $208M |
| 2023-Q2 | 65 | 10,698,081 | — | $173M |
| 2023-Q1 | 54 | 9,058,288 | — | $149M |
| 2022-Q4 | 49 | 7,502,352 | — | $120M |
| 2022-Q3 | 30 | 5,785,636 | — | $90M |
| 2022-Q2 | 28 | 3,699,029 | — | $61M |
| 2022-Q1 | 30 | 3,681,684 | — | $66M |
| 2021-Q4 | 24 | 1,683,390 | — | $33M |
| 2021-Q3 | 22 | 914,476 | — | $18M |
| 2021-Q2 | 21 | 967,353 | — | $19M |
| 2021-Q1 | 15 | 708,583 | — | $14M |
| 2020-Q4 | 9 | 387,619 | — | $8M |
| 2020-Q3 | 2 | 66,778 | — | $1M |
