% of shares outstanding is not shown for BSMR: 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 BSMR 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 | 563,847563,847 | $13M | — | ADD 2% |
| 2 | LPL Financial LLC | 500,074500,074 | $12M | — | ADD 12% |
| 3 | BANK OF AMERICA CORP /DE/ | 466,692466,692 | $11M | — | ADD 64% |
| 4 | WELLS FARGO & COMPANY/MN | 462,632462,632 | $11M | — | ADD 3% |
| 5 | Invesco Ltd. | 394,919394,919 | $9M | — | ADD 7% |
| 6 | Key Financial Inc | 342,056342,056 | $8M | — | ADD 11% |
| 7 | RAYMOND JAMES FINANCIAL INC | 332,665332,665 | $8M | — | ADD 66% |
| 8 | UBS Group AG | 254,229254,229 | $6M | — | ADD 29% |
| 9 | HighTower Advisors, LLC | 230,738230,738 | $5M | — | ADD 45% |
| 10 | Hills Bank & Trust Co | 230,415230,415 | $5M | — | ADD 12% |
| 11 | Summit Financial, LLC | 215,989215,989 | $5M | — | — |
| 12 | Atlantic Union Bankshares Corp | 214,466214,466 | $5M | — | ADD 6% |
| 13 | Integrated Wealth Concepts LLC | 196,490196,490 | $5M | — | ADD 14% |
| 14 | Avior Wealth Management, LLC | 182,511182,511 | $4M | — | TRIM -5% |
| 15 | Thrivent Financial for Lutherans | 176,485176,485 | $4M | — | ADD 74% |
| 16 | PRECEDENT WEALTH PARTNERS, LLC | 171,911171,911 | $4M | — | ADD 9% |
| 17 | CENTRAL VALLEY ADVISORS, LLC | 169,534169,534 | $4M | — | TRIM -8% |
| 18 | Coastline Complete Wealth LLC | 166,160166,160 | $4M | — | ADD 7% |
| 19 | Sanctuary Advisors, LLC | 158,199158,199 | $4M | — | TRIM -15% |
| 20 | MONECO ADVISORS, LLC | 150,408150,408 | $4M | — | ADD 11% |
| 21 | OSAIC HOLDINGS, INC. | 138,451138,451 | $3M | — | ADD 7% |
| 22 | ENVESTNET ASSET MANAGEMENT INC | 124,735124,735 | $3M | — | ADD 8% |
| 23 | Asset Dedication, LLC | 121,741121,741 | $3M | — | TRIM -12% |
| 24 | Focus Partners Wealth | 112,943112,943 | $3M | — | — |
| 25 | AMERIPRISE FINANCIAL INC | 108,916108,916 | $3M | — | ADD 45% |
| 26 | COMMONWEALTH EQUITY SERVICES, LLC | 105,032105,032 | $2M | — | TRIM -5% |
| 27 | Kathmere Capital Management, LLC | 104,384104,384 | $2M | — | TRIM -17% |
| 28 | Thomas J. Herzfeld Advisors, Inc. | 96,21296,212 | $2M | — | NEW |
| 29 | VestGen Advisors, LLC | 92,59792,597 | $2M | — | TRIM -4% |
| 30 | SIGNATUREFD, LLC | 90,10290,102 | $2M | — | ADD 3% |
| 31 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 83,49683,496 | $2M | — | ADD 57% |
| 32 | Paulson Wealth Management Inc. | 78,51178,511 | $2M | — | ADD 32% |
| 33 | Cornerstone Wealth Management, LLC | 70,98870,988 | $2M | — | ADD 4% |
| 34 | MML INVESTORS SERVICES, LLC | 69,46469,464 | $2M | — | TRIM -21% |
| 35 | JONES FINANCIAL COMPANIES LLLP | 69,18269,182 | $2M | — | ADD 24% |
| 36 | Equitable Holdings, Inc. | 68,97568,975 | $2M | — | ADD 3% |
| 37 | STIFEL FINANCIAL CORP | 68,77668,776 | $2M | — | TRIM -10% |
| 38 | ROYAL BANK OF CANADA | 67,85967,859 | $2M | — | ADD 5% |
| 39 | Legacy Private Trust Co. | 57,52057,520 | $1M | — | ADD 74% |
| 40 | Aptus Capital Advisors, LLC | 54,08354,083 | $1M | — | ADD 25% |
| 41 | Private Advisor Group, LLC | 53,31153,311 | $1M | — | ADD 97% |
| 42 | Farnam Financial LLC | 49,44049,440 | $1M | — | ADD 4% |
| 43 | Astoria Portfolio Advisors LLC. | 48,34848,348 | $1M | — | — |
| 44 | Steward Partners Investment Advisory, LLC | 47,99547,995 | $1M | — | ADD 6% |
| 45 | CAPTRUST FINANCIAL ADVISORS | 47,20347,203 | $1M | — | — |
| 46 | PAX Financial Group, LLC | 47,19047,190 | $1M | — | — |
| 47 | Clark Asset Management, LLC | 47,08147,081 | $1M | — | — |
| 48 | BROWN ADVISORY INC | 46,64446,644 | $1M | — | — |
| 49 | River Street Advisors LLC | 46,21446,214 | $1M | — | ADD 108% |
| 50 | Waverly Advisors, LLC | 42,15142,151 | $997,040 | — | ADD 9% |
| 51 | Willis Johnson & Associates, Inc. | 42,15142,151 | $997,033 | — | NEW |
| 52 | Kestra Advisory Services, LLC | 40,86940,869 | $966,725 | — | TRIM -7% |
| 53 | Vermillion & White Wealth Management Group, LLC | 39,01339,013 | $922,814 | — | — |
| 54 | Meridian Wealth Management, LLC | 38,95338,953 | $921,394 | — | — |
| 55 | WEBSTER BANK, N. A. | 38,70038,700 | $915,410 | — | ADD 12% |
| 56 | AlphaStar Capital Management, LLC | 38,13638,136 | $902,075 | — | — |
| 57 | Accurate Wealth Management, LLC | 37,99137,991 | $899,817 | — | ADD 18% |
| 58 | LANDAAS & CO /WI /ADV | 36,91536,915 | $873,187 | — | ADD 13% |
| 59 | Sarver Vrooman Wealth Advisors | 36,04536,045 | $852,608 | — | — |
| 60 | Cetera Investment Advisers | 32,37232,372 | $765,717 | — | ADD 36% |
| 61 | Wealthcare Advisory Partners LLC | 31,92031,920 | $755,036 | — | — |
| 62 | OneAscent Financial Services LLC | 31,74631,746 | $750,920 | — | NEW |
| 63 | OLD SECOND NATIONAL BANK OF AURORA | 31,50631,506 | $745,243 | — | ADD 506% |
| 64 | Marietta Wealth Management, LLC | 30,54530,545 | $722,511 | — | — |
| 65 | Savant Capital, LLC | 30,42830,428 | $719,751 | — | — |
| 66 | Hobbs Group Advisors, LLC | 29,39029,390 | $695,194 | — | ADD 14% |
| 67 | SENTINEL PENSION ADVISORS, LLC | 29,02429,024 | $686,522 | — | ADD 3% |
| 68 | First Command Advisory Services, Inc. | 27,45627,456 | $649,444 | — | ADD 37% |
| 69 | WESPAC Advisors, LLC | 25,87225,872 | $611,976 | — | — |
| 70 | HOWARD WEALTH MANAGEMENT, LLC | 24,88024,880 | $588,512 | — | ADD 14% |
| 71 | Lido Advisors, LLC | 24,31224,312 | $575,076 | — | — |
| 72 | OneDigital Investment Advisors LLC | 24,05824,058 | $569,068 | — | — |
| 73 | Heritage Trust Co | 23,62223,622 | $558,754 | — | ADD 30% |
| 74 | Avantax Planning Partners, Inc. | 23,26323,263 | $550,263 | — | ADD 11% |
| 75 | YANKCOM Partnership | 23,22623,226 | $549,387 | — | — |
| 76 | Addison Advisors LLC | 23,17023,170 | $548,064 | — | ADD 3% |
| 77 | Baird Financial Group, Inc. | 23,06623,066 | $545,603 | — | ADD 70% |
| 78 | HARBOUR INVESTMENTS, INC. | 22,95422,954 | $542,966 | — | ADD 24% |
| 79 | Sequoia Financial Advisors, LLC | 22,86022,860 | $540,731 | — | TRIM -20% |
| 80 | HUB Investment Partners, LLC | 22,63422,634 | $535,395 | — | NEW |
| 81 | TLWM | 21,95321,953 | $519,277 | — | — |
| 82 | VOISARD ASSET MANAGEMENT GROUP, INC. | 21,92021,920 | $518,496 | — | — |
| 83 | AA Financial Advisors, LLC | 21,59621,596 | $510,828 | — | TRIM -20% |
| 84 | Cambridge Financial Group, LLC | 21,25521,255 | $502,766 | — | NEW |
| 85 | Jacobi Capital Management LLC | 18,13818,138 | $429,040 | — | — |
| 86 | KICKSTAND VENTURES, LLC. | 17,95217,952 | $424,637 | — | — |
| 87 | Horizons Wealth Management | 17,61817,618 | $416,736 | — | — |
| 88 | SNS Financial Group, LLC | 17,46517,465 | $413,118 | — | — |
| 89 | Bill Few Associates, Inc. | 17,11917,119 | $404,933 | — | — |
| 90 | Clearstead Advisors, LLC | 16,87316,873 | $399,114 | — | — |
| 91 | Carnegie Investment Counsel | 16,39316,393 | $387,760 | — | NEW |
| 92 | Beacon Pointe Advisors, LLC | 15,50515,505 | $366,766 | — | ADD 49% |
| 93 | Wingate Wealth Advisors, Inc. | 15,32215,322 | $362,418 | — | — |
| 94 | Cooksen Wealth, LLC | 14,86214,862 | $351,546 | — | — |
| 95 | Prospera Financial Services Inc | 14,69914,699 | $347,687 | — | ADD 11% |
| 96 | SILVERLAKE WEALTH MANAGEMENT LLC | 14,61914,619 | $345,805 | — | — |
| 97 | Coastal Bridge Advisors, LLC | 14,21614,216 | $336,267 | — | ADD 24% |
| 98 | Capital Analysts, LLC | 13,93113,931 | $330,000 | — | — |
| 99 | Intentional Wealth Strategies, LLC | 13,19413,194 | $312,091 | — | NEW |
| 100 | CGN Advisors LLC | 13,15613,156 | $311,192 | — | TRIM -10% |
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 | 535K | 541K | 536K | 547K | 550K | 564K | $13M |
| LPL Financial LLC | 298K | 339K | 426K | 414K | 446K | 500K | $12M |
| BANK OF AMERICA CORP /DE/ | 204K | 231K | 257K | 274K | 285K | 467K | $11M |
| WELLS FARGO & COMPANY/MN | 328K | 441K | 446K | 492K | 449K | 463K | $11M |
| Invesco Ltd. | 240K | 274K | 294K | 334K | 370K | 395K | $9M |
| Key Financial Inc | 274K | 284K | 284K | 284K | 309K | 342K | $8M |
| RAYMOND JAMES FINANCIAL INC | 157K | 158K | 170K | 180K | 201K | 333K | $8M |
| UBS Group AG | 181K | 177K | 167K | 169K | 196K | 254K | $6M |
| HighTower Advisors, LLC | 60K | 64K | 75K | 78K | 160K | 231K | $5M |
| Hills Bank & Trust Co | 30K | 78K | 78K | 123K | 207K | 230K | $5M |
| Summit Financial, LLC | — | — | — | 214K | 214K | 216K | $5M |
| Atlantic Union Bankshares Corp | 251K | 279K | 316K | 337K | 203K | 214K | $5M |
| Integrated Wealth Concepts LLC | 67K | 92K | 133K | 155K | 172K | 196K | $5M |
| Avior Wealth Management, LLC | 128K | 157K | 148K | 166K | 191K | 183K | $4M |
| Thrivent Financial for Lutherans | 14K | 14K | 59K | 14K | 102K | 176K | $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.
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 | |
|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | +181,981 | $4M | ADD |
| RAYMOND JAMES FINANCIAL INC | +131,828 | $3M | ADD |
| Thomas J. Herzfeld Advisors, Inc. | +96,212 | $2M | OPEN |
| Thrivent Financial for Lutherans | +74,810 | $2M | ADD |
| HighTower Advisors, LLC | +71,206 | $2M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| CONFLUENCE INVESTMENT MANAGEMENT LLC | −243,914 | $6M | CLOSE |
| NewEdge Advisors, LLC | −182,828 | $4M | CLOSE |
| Elequin Capital, LP | −155,296 | $4M | CLOSE |
| Farmers National Bank | −50,949 | $1M | CLOSE |
| Summit Trail Advisors, LLC | −33,451 | $791,250 | 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).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 139 | 9,388,026 | — | $222M |
| 2025-Q4 | 137 | 8,924,122 | — | $211M |
| 2025-Q3 | 123 | 8,277,608 | — | $196M |
| 2025-Q2 | 120 | 7,498,276 | — | $176M |
| 2025-Q1 | 114 | 7,036,621 | — | $166M |
| 2024-Q4 | 108 | 5,912,021 | — | $140M |
| 2024-Q3 | 92 | 5,051,917 | — | $120M |
| 2024-Q2 | 83 | 4,560,104 | — | $107M |
| 2024-Q1 | 74 | 3,882,850 | — | $92M |
| 2023-Q4 | 70 | 3,360,605 | — | $80M |
| 2023-Q3 | 53 | 2,456,197 | — | $56M |
| 2023-Q2 | 51 | 2,451,678 | — | $58M |
| 2023-Q1 | 45 | 2,457,396 | — | $59M |
| 2022-Q4 | 42 | 1,885,616 | — | $42M |
| 2022-Q3 | 31 | 688,626 | — | $16M |
| 2022-Q2 | 31 | 630,405 | — | $15M |
| 2022-Q1 | 21 | 466,803 | — | $11M |
| 2021-Q4 | 20 | 386,103 | — | $10M |
| 2021-Q3 | 20 | 386,309 | — | $10M |
| 2021-Q2 | 18 | 402,811 | — | $10M |
| 2021-Q1 | 16 | 450,888 | — | $11M |
| 2020-Q4 | 17 | 531,333 | — | $14M |
| 2020-Q3 | 13 | 456,883 | — | $12M |
| 2020-Q2 | 5 | 76,651 | — | $2M |
| 2020-Q1 | 5 | 42,567 | — | $1M |
| 2019-Q4 | 3 | 35,750 | — | $891,000 |
