% of shares outstanding is not shown for CRF: 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 CRF 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 |
|---|---|---|---|---|---|---|---|
| SIT INVESTMENT ASSOCIATES INC | — | 35K | 11.1M | 11.5M | 10.1M | 5.8M | $40M |
| Alpine Global Management, LLC | 5.4M | 2.7M | 2.9M | 3.4M | 1.2M | 3.0M | $21M |
| Sculptor Capital LP | — | — | 2.4M | 2.6M | 2.7M | 2.8M | $19M |
| Quarry LP | 7K | 7K | 512K | 263K | 1.3M | 2.5M | $18M |
| BOOTHBAY FUND MANAGEMENT, LLC | 2.7M | 2.7M | 2.8M | 3.0M | 1.3M | 2.3M | $16M |
| LPL Financial LLC | 1.1M | 1.2M | 1.7M | 1.8M | 1.9M | 2.0M | $14M |
| Almitas Capital LLC | — | — | 831K | — | 86K | 1.1M | $8M |
| OSAIC HOLDINGS, INC. | 98K | 182K | 274K | 668K | 801K | 882K | $6M |
| RAYMOND JAMES FINANCIAL INC | 169K | 282K | 400K | 504K | 708K | 849K | $6M |
| Cable Car Capital, LP | 660K | 663K | 662K | 661K | 662K | 650K | $5M |
| Yakira Capital Management, Inc. | — | 369K | 2.0M | 1.6M | 799K | 505K | $4M |
| Perennial Investment Advisors, LLC | 403K | 406K | 457K | 461K | 475K | 486K | $3M |
| Cambridge Investment Research Advisors, Inc. | 26K | 24K | 16K | 17K | 18K | 456K | $3M |
| COHEN & STEERS, INC. | — | 30K | 290K | 290K | 290K | 270K | $2M |
| COMMONWEALTH EQUITY SERVICES, LLC | 200K | 202K | 208K | 205K | 234K | 233K | $2M |
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 | |
|---|---|---|---|
| Alpine Global Management, LLC | +1,768,658 | $12M | ADD |
| Quarry LP | +1,268,657 | $9M | ADD |
| BOOTHBAY FUND MANAGEMENT, LLC | +1,075,355 | $7M | ADD |
| Almitas Capital LLC | +1,028,931 | $7M | ADD |
| Cambridge Investment Research Advisors, Inc. | +438,115 | $3M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| SIT INVESTMENT ASSOCIATES INC | −4,338,807 | $30M | TRIM |
| Yakira Capital Management, Inc. | −293,396 | $2M | TRIM |
| Kovack Advisors, Inc. | −120,615 | $838,274 | TRIM |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −67,282 | $467,610 | CLOSE |
| StoneX Group Inc. | −39,876 | $277,138 | 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 | 94 | 26,344,289 | — | $183M |
| 2025-Q4 | 90 | 25,066,059 | — | $201M |
| 2025-Q3 | 84 | 30,247,502 | — | $243M |
| 2025-Q2 | 83 | 32,522,121 | — | $252M |
| 2025-Q1 | 70 | 12,089,331 | — | $87M |
| 2024-Q4 | 63 | 13,586,044 | — | $118M |
| 2024-Q3 | 53 | 9,721,574 | — | $79M |
| 2024-Q2 | 54 | 10,190,288 | — | $80M |
| 2024-Q1 | 52 | 13,090,840 | — | $98M |
| 2023-Q4 | 62 | 13,359,577 | — | $94M |
| 2023-Q3 | 44 | 11,792,169 | — | $94M |
| 2023-Q2 | 55 | 14,878,712 | — | $119M |
| 2023-Q1 | 55 | 13,392,899 | — | $99M |
| 2022-Q4 | 63 | 18,090,579 | — | $128M |
| 2022-Q3 | 52 | 16,557,194 | — | $134M |
| 2022-Q2 | 57 | 17,554,222 | — | $146M |
| 2022-Q1 | 45 | 2,613,217 | — | $35M |
| 2021-Q4 | 39 | 2,380,794 | — | $33M |
| 2021-Q3 | 40 | 4,428,787 | — | $55M |
| 2021-Q2 | 40 | 7,641,213 | — | $87M |
| 2021-Q1 | 34 | 1,645,970 | — | $22M |
| 2020-Q4 | 35 | 1,428,539 | — | $16M |
| 2020-Q3 | 27 | 1,617,932 | — | $18M |
| 2020-Q2 | 36 | 2,680,445 | — | $27M |
| 2020-Q1 | 37 | 4,904,059 | — | $38M |
| 2019-Q4 | 31 | 5,685,574 | — | $62M |
| 2019-Q3 | 32 | 6,148,388 | — | $68M |
| 2019-Q2 | 36 | 7,965,588 | — | $90M |
| 2019-Q1 | 34 | 8,248,983 | — | $99M |
| 2018-Q4 | 36 | 9,689,617 | — | $108M |
| 2018-Q3 | 39 | 9,916,563 | — | $138M |
| 2018-Q2 | 23 | 1,279,721 | — | $18M |
| 2018-Q1 | 22 | 2,263,550 | — | $34M |
| 2017-Q4 | 29 | 4,414,563 | — | $67M |
| 2017-Q3 | 30 | 4,986,503 | — | $73M |
| 2017-Q2 | 17 | 300,589 | — | $5M |
| 2017-Q1 | 15 | 1,996,380 | — | $32M |
| 2016-Q4 | 16 | 3,392,648 | — | $51M |
| 2016-Q3 | 17 | 355,069 | — | $5M |
| 2016-Q2 | 19 | 983,300 | — | $16M |
| 2016-Q1 | 20 | 1,328,550 | — | $21M |
| 2015-Q4 | 16 | 1,409,691 | — | $24M |
| 2015-Q3 | 17 | 1,597,827 | — | $26M |
| 2015-Q2 | 9 | 63,716 | — | $2M |
| 2015-Q1 | 8 | 45,491 | — | $1M |
| 2014-Q4 | 12 | 210,754 | — | $6M |
