% of shares outstanding is not shown for FDL: 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 FDL 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 |
|---|---|---|---|---|---|---|---|
| LPL Financial LLC | 9.1M | 10.7M | 11.9M | 12.2M | 12.4M | 14.3M | $724M |
| MORGAN STANLEY | 7.0M | 7.5M | 7.8M | 7.9M | 8.7M | 8.9M | $454M |
| AMERIPRISE FINANCIAL INC | 3.0M | 3.3M | 3.9M | 4.0M | 6.0M | 5.2M | $265M |
| RAYMOND JAMES FINANCIAL INC | 3.2M | 3.8M | 4.2M | 4.5M | 5.2M | 5.0M | $255M |
| WELLS FARGO & COMPANY/MN | 2.7M | 2.8M | 3.1M | 3.2M | 3.2M | 3.1M | $160M |
| BANK OF AMERICA CORP /DE/ | 2.1M | 2.4M | 2.5M | 2.4M | 2.6M | 2.5M | $129M |
| ROYAL BANK OF CANADA | 2.0M | 2.0M | 4.6M | 2.5M | 2.5M | 2.5M | $126M |
| Cetera Investment Advisers | 1.8M | 1.9M | 2.1M | 2.3M | 2.5M | 2.4M | $124M |
| UBS Group AG | 2.0M | 2.3M | 2.4M | 2.3M | 2.4M | 2.4M | $121M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 1.6M | 1.5M | 1.7M | 1.8M | 1.8M | 1.9M | $99M |
| Csenge Advisory Group | 1.7M | 1.8M | 1.8M | 1.8M | 1.9M | 1.6M | $80M |
| OSAIC HOLDINGS, INC. | 1.1M | 1.1M | 1.5M | 1.6M | 1.5M | 1.5M | $76M |
| ENVESTNET ASSET MANAGEMENT INC | 997K | 1.1M | 1.3M | 1.3M | 1.3M | 1.4M | $72M |
| JONES FINANCIAL COMPANIES LLLP | 277K | 514K | 711K | 893K | 1.1M | 1.4M | $72M |
| Cambridge Investment Research Advisors, Inc. | 830K | 1.0M | 1.0M | 1.1M | 1.2M | 1.2M | $63M |
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 | |
|---|---|---|---|
| LPL Financial LLC | +1,845,604 | $94M | ADD |
| BNP PARIBAS FINANCIAL MARKETS | +848,505 | $43M | ADD |
| JPMORGAN CHASE & CO | +579,662 | $29M | ADD |
| JONES FINANCIAL COMPANIES LLLP | +335,480 | $17M | ADD |
| Kingsview Wealth Management, LLC | +325,573 | $17M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| AMERIPRISE FINANCIAL INC | −748,530 | $38M | TRIM |
| Rockport Wealth LLC | −725,992 | $37M | TRIM |
| STIFEL FINANCIAL CORP | −511,802 | $26M | TRIM |
| Csenge Advisory Group | −317,232 | $16M | TRIM |
| RAYMOND JAMES FINANCIAL INC | −184,676 | $9M | 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 | 501 | 88,794,132 | — | $4.5B |
| 2025-Q4 | 466 | 83,896,059 | — | $3.7B |
| 2025-Q3 | 437 | 81,823,314 | — | $3.5B |
| 2025-Q2 | 443 | 80,030,240 | — | $3.4B |
| 2025-Q1 | 433 | 74,268,650 | — | $3.2B |
| 2024-Q4 | 404 | 63,711,684 | — | $2.6B |
| 2024-Q3 | 371 | 65,018,660 | — | $2.6B |
| 2024-Q2 | 353 | 57,480,259 | — | $2.2B |
| 2024-Q1 | 359 | 72,143,834 | — | $2.8B |
| 2023-Q4 | 361 | 71,321,959 | — | $2.6B |
| 2023-Q3 | 347 | 71,713,410 | — | $2.4B |
| 2023-Q2 | 345 | 77,764,426 | — | $2.6B |
| 2023-Q1 | 356 | 88,127,770 | — | $3.1B |
| 2022-Q4 | 355 | 80,331,309 | — | $2.9B |
| 2022-Q3 | 289 | 51,649,314 | — | $1.7B |
| 2022-Q2 | 284 | 42,933,784 | — | $1.5B |
| 2022-Q1 | 238 | 23,255,452 | — | $872M |
| 2021-Q4 | 216 | 19,039,286 | — | $682M |
| 2021-Q3 | 205 | 18,348,746 | — | $605M |
| 2021-Q2 | 205 | 18,198,272 | — | $603M |
| 2021-Q1 | 204 | 18,385,838 | — | $592M |
| 2020-Q4 | 190 | 17,047,830 | — | $511M |
| 2020-Q3 | 172 | 17,284,787 | — | $449M |
| 2020-Q2 | 177 | 18,523,298 | — | $470M |
| 2020-Q1 | 175 | 20,819,246 | — | $464M |
| 2019-Q4 | 210 | 22,723,680 | — | $746M |
| 2019-Q3 | 175 | 20,823,809 | — | $646M |
| 2019-Q2 | 169 | 21,097,920 | — | $646M |
| 2019-Q1 | 173 | 20,188,352 | — | $612M |
| 2018-Q4 | 169 | 20,154,344 | — | $552M |
| 2018-Q3 | 155 | 17,732,639 | — | $529M |
| 2018-Q2 | 149 | 18,965,881 | — | $543M |
| 2018-Q1 | 161 | 21,113,472 | — | $596M |
| 2017-Q4 | 158 | 22,696,164 | — | $683M |
| 2017-Q3 | 137 | 22,490,703 | — | $653M |
| 2017-Q2 | 136 | 24,331,561 | — | $684M |
| 2017-Q1 | 138 | 29,670,371 | — | $854M |
| 2016-Q4 | 132 | 33,592,304 | — | $933M |
| 2016-Q3 | 118 | 27,924,732 | — | $761M |
| 2016-Q2 | 120 | 26,050,704 | — | $699M |
| 2016-Q1 | 112 | 23,644,439 | — | $606M |
| 2015-Q4 | 94 | 14,463,172 | — | $343M |
| 2015-Q3 | 78 | 12,140,279 | — | $269M |
| 2015-Q2 | 88 | 12,896,810 | — | $294M |
| 2015-Q1 | 91 | 13,998,261 | — | $333M |
| 2014-Q4 | 87 | 16,414,184 | — | $401M |
| 2014-Q3 | 75 | 10,768,124 | — | $252M |
| 2014-Q2 | 73 | 9,808,413 | — | $233M |
| 2014-Q1 | 68 | 9,190,640 | — | $207M |
| 2013-Q4 | 67 | 9,577,393 | — | $210M |
| 2013-Q3 | 55 | 9,305,372 | — | $194M |
| 2013-Q2 | 55 | 7,849,649 | — | $174M |
| 2013-Q1 | 2 | 79,803 | — | $2M |
