% of shares outstanding is not shown for FCSH: 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 FCSH 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 | FEDERATED HERMES, INC. | 2,065,6892.1M | $50M | — | — |
| 2 | Cambridge Investment Research Advisors, Inc. | 98,03298,032 | $2M | — | TRIM -3% |
| 3 | ENVESTNET ASSET MANAGEMENT INC | 78,45678,456 | $2M | — | ADD 10% |
| 4 | Financial Concepts Unlimited, Inc. | 70,20670,206 | $2M | — | NEW |
| 5 | &PARTNERS | 13,91513,915 | $338,116 | — | TRIM -3% |
| 6 | Atlas Wealth LLC | 12,84512,845 | $312,107 | — | NEW |
| 7 | Summit Financial, LLC | 9,1239,123 | $222,435 | — | NEW |
| 8 | OSAIC HOLDINGS, INC. | 985985 | $23,933 | — | — |
| 9 | ROYAL BANK OF CANADA | 636636 | $15,000 | — | ADD 26% |
| 10 | Advisory Services Network, LLC | 7070 | $1,701 | — | 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 |
|---|---|---|---|---|---|---|---|
| FEDERATED HERMES, INC. | — | — | — | 2.1M | 2.1M | 2.1M | $50M |
| Cambridge Investment Research Advisors, Inc. | 16K | 17K | 30K | 88K | 102K | 98K | $2M |
| ENVESTNET ASSET MANAGEMENT INC | — | — | — | 15K | 71K | 78K | $2M |
| Financial Concepts Unlimited, Inc. | — | — | — | — | — | 70K | $2M |
| &PARTNERS | — | — | — | 17K | 14K | 14K | $338,116 |
| Atlas Wealth LLC | — | — | — | — | — | 13K | $312,107 |
| Summit Financial, LLC | — | — | — | — | — | 9K | $222,435 |
| OSAIC HOLDINGS, INC. | — | 985 | 985 | 985 | 985 | 985 | $23,933 |
| ROYAL BANK OF CANADA | — | — | — | 239 | 505 | 636 | $15,000 |
| Advisory Services Network, LLC | — | — | — | — | — | 70 | $1,701 |
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 | 10 | 2,349,957 |
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 | |
|---|---|---|---|
| Financial Concepts Unlimited, Inc. | +70,206 | $2M | OPEN |
| Atlas Wealth LLC | +12,845 | $312,108 | OPEN |
| Summit Financial, LLC | +9,123 | $221,671 | OPEN |
| ENVESTNET ASSET MANAGEMENT INC | +7,032 | $170,864 | ADD |
| ROYAL BANK OF CANADA | +131 | $3,183 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Cambridge Investment Research Advisors, Inc. | −3,518 | $85,480 | TRIM |
| &PARTNERS | −367 | $8,917 | TRIM |
| MORGAN STANLEY | −1 | $24 | CLOSE |
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).
| — |
| $57M |
| 2025-Q4 | 7 | 2,254,436 | — | $55M |
| 2025-Q3 | 7 | 2,186,986 | — | $53M |
| 2025-Q2 | 3 | 30,804 | — | $747,945 |
| 2025-Q1 | 3 | 18,290 | — | $441,792 |
| 2024-Q4 | 3 | 29,309 | — | $701,621 |
| 2024-Q3 | 4 | 796,277 | — | $19M |
| 2024-Q2 | 2 | 797,517 | — | $19M |
| 2024-Q1 | 6 | 1,035,033 | — | $25M |
| 2023-Q4 | 3 | 1,040,042 | — | $25M |
| 2023-Q3 | 4 | 1,046,660 | — | $24M |
| 2023-Q2 | 5 | 1,054,039 | — | $25M |
| 2023-Q1 | 6 | 1,048,793 | — | $25M |
| 2022-Q4 | 8 | 1,060,021 | — | $25M |
| 2022-Q3 | 5 | 1,015,052 | — | $23M |
| 2022-Q2 | 5 | 1,025,407 | — | $24M |
| 2022-Q1 | 4 | 1,023,593 | — | $25M |
| 2021-Q4 | 2 | 998,695 | — | $25M |
