% of shares outstanding is not shown for BUFP: 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 BUFP in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
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 |
|---|---|---|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | — | 320K | 348K | 503K | 896K | 1.1M | $34M |
| COMMONWEALTH EQUITY SERVICES, LLC | 10K | 27K | 112K | 201K | 223K | 345K | $10M |
| AA Financial Advisors, LLC | — | — | — | — | 87K | 264K | $8M |
| Fermata Advisors, LLC | 169K | 166K | 167K | 183K | 187K | 189K | $6M |
| AssuredPartners Investment Advisors, LLC | — | — | — | 22K | 152K | 149K | $4M |
| Maltin Wealth Management, Inc. | 145K | 137K | 137K | 135K | 144K | 143K | $4M |
| Cetera Investment Advisers | 19K | 39K | 57K | 71K | 85K | 115K | $3M |
| ENVESTNET ASSET MANAGEMENT INC | — | 27K | 31K | 41K | 57K | 115K | $3M |
| Kestra Advisory Services, LLC | — | — | 47K | — | 87K | 110K | $3M |
| CENTAURUS FINANCIAL, INC. | — | — | — | 79K | 70K | 99K | $3M |
| PNC FINANCIAL SERVICES GROUP, INC. | — | — | 2K | 11K | 21K | 80K | $2M |
| VICTORY FINANCIAL GROUP, LLC | — | — | — | 45K | 55K | 64K | $2M |
| OneDigital Investment Advisors LLC | — | — | — | — | 8K | 43K | $1M |
| MML INVESTORS SERVICES, LLC | — | 29K | 31K | 34K | 39K | 35K | $1M |
| LPL Financial LLC | — | — | — | — | — | 29K | $874,749 |
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 | 29 | 3,096,629 | — | $91M |
| 2025-Q4 | 24 | 2,394,876 | — | $72M |
| 2025-Q3 | 18 | 1,425,563 | — | $42M |
| 2025-Q2 | 15 | 1,000,276 | — | $28M |
| 2025-Q1 | 11 | 774,697 | — | $20M |
| 2024-Q4 | 8 | 359,702 | — | $10M |
| 2024-Q3 | 4 | 163,154 | — | $4M |
| 2024-Q2 | 1 | 140,797 | — | $4M |
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 | |
|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | +252,881 | $8M | ADD |
| AA Financial Advisors, LLC | +177,039 | $5M | ADD |
| COMMONWEALTH EQUITY SERVICES, LLC | +122,561 | $4M | ADD |
| PNC FINANCIAL SERVICES GROUP, INC. | +59,418 | $2M | ADD |
| ENVESTNET ASSET MANAGEMENT INC | +58,124 | $2M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Foguth Wealth Management, LLC. | −186,221 | $6M | CLOSE |
| MML INVESTORS SERVICES, LLC | −3,370 | $100,156 | TRIM |
| AssuredPartners Investment Advisors, LLC | −3,156 | $93,796 | TRIM |
| ROYAL BANK OF CANADA | −2,813 | $83,602 | CLOSE |
| OLD MISSION CAPITAL LLC | −1,767 | $52,515 | 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).
