% of shares outstanding not shown: no SEC cover-page share count falls within 120 days of the 2026-Q1 quarter end, so any percentage would rest on a count that cannot speak for this quarter. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for EMA in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.
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 |
|---|---|---|---|---|---|---|---|
| BANK OF MONTREAL /CAN/ | — | — | 16.5M | 16.9M | 18.0M | 17.9M | $926M |
| ROYAL BANK OF CANADA | — | — | 42.0M | 21.4M | 19.8M | 17.6M | $913M |
| FIL Ltd | — | — | 12.9M | 13.2M | 12.8M | 12.8M | $664M |
| CIBC WORLD MARKET INC. | — | — | 10.8M | 10.3M | 11.8M | 12.4M | $642M |
| ATLAS Infrastructure Partners (UK) Ltd. | — | — | — | 3.7M | 5.9M | 9.0M | $465M |
| VANGUARD CAPITAL MANAGEMENT LLC | — | — | — | — | — | 8.5M | $443M |
| TD Asset Management Inc | — | — | 7.8M | 7.7M | 7.7M | 7.6M | $394M |
| GEODE CAPITAL MANAGEMENT, LLC | — | — | 3.2M | 3.8M | 4.2M | 4.3M | $243M |
| SCOTIA CAPITAL INC. | — | — | 4.5M | 4.6M | 4.6M | 4.7M | $241M |
| TD Waterhouse Canada Inc. | — | — | 1.9M | 2.0M | 2.0M | 4.6M | $235M |
| MACKENZIE FINANCIAL CORP | — | — | 5.2M | 5.2M | 4.4M | 4.1M | $212M |
| Legal & General Group Plc | — | — | 3.6M | 4.0M | 3.8M | 3.7M | $192M |
| NATIONAL BANK OF CANADA /FI/ | — | — | 4.0M | 3.8M | 3.4M | 3.7M | $188M |
| BANK OF NOVA SCOTIA | — | — | 4.6M | 3.2M | 3.4M | 3.3M | $174M |
| GOLDMAN SACHS GROUP INC | — | — | 5.4M | 3.3M | 3.4M | 3.3M | $171M |
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.
Source: SEC Schedule 13D/13G structured XML. 13D = active intent; 13G filers report passively (Rule 13d-1(b) QII / 13d-1(c) Passive / 13d-1(d) Exempt) and are not activists. Percent and delta are the group aggregate the filing reports. Structured 13D/G coverage begins December 2024 (SEC XML mandate).
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | +8,540,831 | $443M | OPEN |
| ATLAS Infrastructure Partners (UK) Ltd. | +3,092,278 | $160M | ADD |
| VANGUARD FIDUCIARY TRUST CO | +2,650,953 | $138M | OPEN |
| TD Waterhouse Canada Inc. | +2,574,963 | $134M | ADD |
| Vanguard Global Advisers, LLC | +2,122,384 | $110M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| VANGUARD GROUP INC | −13,398,658 | $695M | CLOSE |
| Clearbridge Investments, LLC | −3,788,810 | $197M | CLOSE |
| ROYAL BANK OF CANADA | −2,176,765 | $113M | TRIM |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | −905,210 | $47M | CLOSE |
| CANADA PENSION PLAN INVESTMENT BOARD | −387,337 | $20M | 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 | 207 | 159,042,621 | — | $8.3B |
| 2025-Q4 | 175 | 154,433,257 | — | $7.6B |
| 2025-Q3 | 166 | 156,256,096 | — | $7.5B |
| 2025-Q2 | 133 | 173,118,802 | — | $8.1B |
| 2025-Q1 | 5 | 299,871 | — | $13M |
| 2024-Q4 | 3 | 73,955 | — | $3M |
| 2024-Q3 | 3 | 79,210 | — | $3M |
| 2024-Q2 | 5 | 235,635 | — | $8M |
| 2024-Q1 | 3 | 87,865 | — | $3M |
| 2023-Q4 | 2 | 72,995 | — | $3M |
| 2023-Q3 | 2 | 69,570 | — | $2M |
| 2023-Q2 | 2 | 68,660 | — | $3M |
| 2023-Q1 | 2 | 67,588 | — | $3M |
| 2022-Q4 | 2 | 67,373 | — | $3M |
| 2022-Q3 | 2 | 59,333 | — | $2M |
| 2022-Q2 | 4 | 64,609 | — | $3M |
| 2022-Q1 | 2 | 61,904 | — | $3M |
| 2021-Q4 | 3 | 62,229 | — | $3M |
| 2021-Q3 | 4 | 64,595 | — | $3M |
| 2021-Q2 | 4 | 64,090 | — | $3M |
| 2021-Q1 | 4 | 64,990 | — | $3M |
| 2020-Q4 | 4 | 65,874 | — | $3M |
| 2020-Q3 | 2 | 61,333 | — | $3M |
| 2020-Q2 | 3 | 61,048 | — | $2M |
| 2020-Q1 | 3 | 72,273 | — | $3M |
| 2019-Q4 | 5 | 82,189 | — | $4M |
| 2019-Q3 | 5 | 96,295 | — | $4M |
| 2019-Q2 | 4 | 176,282 | — | $7M |
| 2019-Q1 | 4 | 179,530 | — | $7M |
| 2018-Q4 | 5 | 179,186 | — | $6M |
| 2018-Q3 | 5 | 504,900 | — | $16M |
| 2018-Q2 | 7 | 2,571,173 | — | $84M |
| 2018-Q1 | 7 | 2,735,721 | — | $87M |
| 2017-Q4 | 8 | 3,642,853 | — | $137M |
| 2017-Q3 | 5 | 1,992,316 | — | $75M |
| 2017-Q2 | 4 | 893,917 | — | $33M |
| 2017-Q1 | 4 | 876,568 | — | $31M |
| 2016-Q4 | 3 | 799,550 | — | $27M |
| 2016-Q3 | 3 | 268,685 | — | $10M |
| 2016-Q2 | 2 | 255,254 | — | $10M |
| 2016-Q1 | 1 | 267,644 | — | $10M |
| 2015-Q4 | 1 | 278,426 | — | $9M |
| 2015-Q3 | 1 | 376,686 | — | $12M |
| 2015-Q2 | 1 | 329,310 | — | $10M |
| 2015-Q1 | 2 | 336,485 | — | $11M |
| 2014-Q4 | 2 | 289,787 | — | $10M |
| 2014-Q3 | 2 | 285,422 | — | $9M |
| 2014-Q2 | 2 | 99,536 | — | $3M |
| 2014-Q1 | 2 | 99,536 | — | $3M |
| 2013-Q4 | 1 | 10,000 | — | $287,600 |
| 2013-Q3 | 2 | 127,286 | — | $4M |
| 2013-Q2 | 1 | 115,664 | — | $4M |
