% of shares outstanding is not shown for CBSE: 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 CBSE 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 | JPMORGAN CHASE & CO | 211,361211,361 | $8M | — | ADD 6% |
| 2 | Waverly Advisors, LLC | 189,271189,271 | $8M | — | ADD 3% |
| 3 | Sanctuary Advisors, LLC | 74,96074,960 | $3M | — | ADD 31% |
| 4 | Alchemi Wealth, LLC | 11,10711,107 | $442,359 | — | — |
| 5 | MERCER GLOBAL ADVISORS INC /ADV | 5,6765,676 | $226,045 | — | — |
| 6 | COMMONWEALTH EQUITY SERVICES, LLC | 5,6035,603 | $223,140 | — | TRIM -46% |
| 7 | HighTower Advisors, LLC | 5,3955,395 | $214,841 | — | ADD 4% |
| 8 | OSAIC HOLDINGS, INC. | 2,0722,072 | $82,505 | — | ADD 93% |
| 9 | UBS Group AG | 227227 | $9,040 | — | TRIM -41% |
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 |
|---|---|---|---|---|---|---|---|
| JPMORGAN CHASE & CO | — | 192K | 204K | 384K | 199K | 211K | $8M |
| Waverly Advisors, LLC | — | 185K | 181K | 181K | 183K | 189K | $8M |
| Sanctuary Advisors, LLC | — | 36K | 36K | 85K | 57K | 75K | $3M |
| Alchemi Wealth, LLC | — | — | — | — | 11K | 11K | $442,359 |
| MERCER GLOBAL ADVISORS INC /ADV | — | — | — | 6K | 6K | 6K | $226,045 |
| COMMONWEALTH EQUITY SERVICES, LLC | — | 8K | 9K | 9K | 10K | 6K | $223,140 |
| HighTower Advisors, LLC | — | — | — | — | 5K | 5K | $214,841 |
| OSAIC HOLDINGS, INC. | — | 8K | 1K | 2K | 1K | 2K | $82,505 |
| UBS Group AG | — | — | — | — | 386 | 227 | $9,040 |
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 | 9 | 505,672 | — | $20M |
| 2025-Q4 | 9 | 472,269 | — | $19M |
| 2025-Q3 | 7 | 671,604 | — | $27M |
| 2025-Q2 | 9 | 448,778 | — | $16M |
| 2025-Q1 | 8 | 467,361 | — | $14M |
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 | |
|---|---|---|---|
| Sanctuary Advisors, LLC | +17,863 | $711,389 | ADD |
| JPMORGAN CHASE & CO | +12,808 | $510,075 | ADD |
| Waverly Advisors, LLC | +6,359 | $253,245 | ADD |
| OSAIC HOLDINGS, INC. | +997 | $39,705 | ADD |
| HighTower Advisors, LLC | +215 | $8,562 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, LLC | −4,680 | $186,380 | TRIM |
| UBS Group AG | −159 | $6,332 | 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).
