% of shares outstanding is not shown for EMSF: 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 EMSF 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 | First Pacific Financial | 602,098602,098 | $19M | — | ADD 25% |
| 2 | RWA WEALTH PARTNERS, LLC | 111,410111,410 | $3M | — | — |
| 3 | BSW Wealth Partners | 58,69158,691 | $2M | — | ADD 13% |
| 4 | CITADEL ADVISORS LLC | 47,25647,256 | $1M | — | ADD 223% |
| 5 | MORGAN STANLEY | 30,66530,665 | $952,645 | — | — |
| 6 | PFG Investments, LLC | 25,16825,168 | $781,883 | — | ADD 60% |
| 7 | OLD MISSION CAPITAL LLC | 22,85122,851 | $709,893 | — | NEW |
| 8 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 9,9959,995 | $310,507 | — | TRIM -58% |
| 9 | EP Wealth Advisors, LLC | 9,0079,007 | $279,827 | — | NEW |
| 10 | Dynamic Advisor Solutions LLC | 7,2327,232 | $224,671 | — | NEW |
| 11 | Sankala Group LLC | 4,4884,488 | $137,333 | — | TRIM -7% |
| 12 | Addison Advisors LLC | 690690 | $21,436 | — | — |
| 13 | UBS Group AG | 3030 | $932 | — | NEW |
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 |
|---|---|---|---|---|---|---|---|
| First Pacific Financial | 418K | 435K | 444K | 460K | 480K | 602K | $19M |
| RWA WEALTH PARTNERS, LLC | 210K | 146K | 132K | 118K | 112K | 111K | $3M |
| BSW Wealth Partners | — | — | 18K | 23K | 52K | 59K | $2M |
| CITADEL ADVISORS LLC | — | — | 23K | 43K | 15K | 47K | $1M |
| MORGAN STANLEY | — | — | — | 14K | 31K | 31K | $952,645 |
| PFG Investments, LLC | — | — | — | 8K | 16K | 25K | $781,883 |
| OLD MISSION CAPITAL LLC | — | 53K | 61K | 39K | — | 23K | $709,893 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 30K | 29K | 43K | 21K | 24K | 10K | $310,507 |
| EP Wealth Advisors, LLC | — | — | — | — | — | 9K | $279,827 |
| Dynamic Advisor Solutions LLC | — | — | — | — | — | 7K | $224,671 |
| Sankala Group LLC | — | — | — | — | 5K | 4K | $137,333 |
| Addison Advisors LLC | 385 | 385 | 385 | 510 | 690 | 690 | $21,436 |
| UBS Group AG | — | 988 | 753 | 1K | — | 30 | $932 |
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 | 13 | 929,581 | — | $29M |
| 2025-Q4 | 10 | 747,542 | — | $21M |
| 2025-Q3 | 12 | 754,273 | — | $22M |
| 2025-Q2 | 10 | 775,535 | — | $21M |
| 2025-Q1 | 9 | 763,791 | — | $18M |
| 2024-Q4 | 8 | 756,604 | — | $18M |
| 2024-Q3 | 5 | 727,201 | — | $21M |
| 2024-Q2 | 4 | 632,856 | — | $16M |
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 | |
|---|---|---|---|
| First Pacific Financial | +121,863 | $4M | ADD |
| CITADEL ADVISORS LLC | +32,648 | $1M | ADD |
| OLD MISSION CAPITAL LLC | +22,851 | $709,894 | OPEN |
| PFG Investments, LLC | +9,412 | $292,395 | ADD |
| EP Wealth Advisors, LLC | +9,007 | $279,813 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −13,563 | $421,351 | TRIM |
| LongView Asset Management LLC | −12,673 | $393,702 | CLOSE |
| RWA WEALTH PARTNERS, LLC | −985 | $30,600 | — |
| Sankala Group LLC | −316 | $9,817 | 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).
| 2024-Q1 | 4 | 628,734 | — | $16M |
| 2023-Q4 | 5 | 495,931 | — | $13M |
