% of shares outstanding is not shown for FCG: 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 lands with its cohort — the cohort is size-matched, so it needs a market cap for FCG in the served universe — that lands with the next screener build.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | WELLS FARGO & COMPANY/MN | 1,904,3181.9M | $60M | — | ADD 385% |
| 2 | MORGAN STANLEY | 1,751,9491.8M | $56M | — | ADD 22% |
| 3 | GENDELL JEFFREY L | 900,000900,000 | $29M | — | TRIM -5% |
| 4 | LPL Financial LLC | 798,482798,482 | $25M | — | ADD 30% |
| 5 | AMERIPRISE FINANCIAL INC | 581,640581,640 | $18M | — | ADD 14% |
| 6 | RAYMOND JAMES FINANCIAL INC | 523,234523,234 | $17M | — | TRIM -28% |
| 7 | Guardian Partners Inc. | 511,001511,001 | $16M | — | ADD 452% |
| 8 | ROYAL BANK OF CANADA | 462,206462,206 | $15M | — | ADD 124% |
| 9 | PFG Advisors | 380,509380,509 | $12M | — | NEW |
| 10 | Quadrature Capital Ltd | 333,227333,227 | $11M | — | NEW |
Ranked by each filer’s own reported value, not shares.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| WELLS FARGO & COMPANY/MN | +1,511,968 | $48M | ADD |
| Guardian Partners Inc. | +418,401 | $13M | ADD |
| PFG Advisors | +380,509 | $12M | OPEN |
| Quadrature Capital Ltd | +333,227 | $11M | OPEN |
| MORGAN STANLEY | +315,588 | $10M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Financial Sense Advisors, Inc. | −369,353 | $12M | TRIM |
| RAYMOND JAMES FINANCIAL INC | −205,068 | $6M | TRIM |
| PCG Wealth Advisors, LLC | −109,766 | $3M | TRIM |
| UBS Group AG | −109,350 | $3M | TRIM |
| Ethos Financial Group, LLC | −97,760 | $3M | CLOSE |
Prior quarter split-rebased · 13Fs are long, US-listed only.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| WELLS FARGO & COMPANY/MN | 1.0M | 521K | 432K | 349K | 392K | 1.9M | $60M |
| MORGAN STANLEY | 527K | 825K | 1.6M | 1.4M | 1.4M | 1.8M | $56M |
| GENDELL JEFFREY L | 269K | 379K | 160K | 190K | 944K | 900K | $29M |
| LPL Financial LLC | 532K | 452K | 476K | 442K | 612K | 798K | $25M |
| AMERIPRISE FINANCIAL INC | 681K | 807K | 776K | 481K | 512K | 582K | $18M |
| RAYMOND JAMES FINANCIAL INC | 1.2M | 1.1M | 761K | 758K | 728K | 523K | $17M |
| Guardian Partners Inc. | — | — | — | — | 93K | 511K | $16M |
| ROYAL BANK OF CANADA | 252K | 246K | 614K | 222K | 206K | 462K | $15M |
| PFG Advisors | — | — | — | — | — | 381K | $12M |
| Quadrature Capital Ltd | — | — | — | 252K | — | 333K | $11M |
Green = added, red = trimmed, grey = held; a dash is a quarter with no 13F on file — a gap, not an exit.
Holders only — breaks = no 13F.
Short interest has its own tab now — open SI →
SEC Form 13F · ~10,250 filers, 10y · long-only, US-listed, filed ≤45d after quarter-end.
