% of shares outstanding is not shown for FEBM: 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 FEBM 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 | Cooper Capital Advisors LLC | 103,629103,629 | $3M | — | — |
| 2 | Madrona Financial Services, LLC | 67,68067,680 | $2M | — | NEW |
| 3 | Cetera Investment Advisers | 53,70253,702 | $2M | — | ADD 97% |
| 4 | COMMONWEALTH EQUITY SERVICES, LLC | 44,38944,389 | $1M | — | TRIM -10% |
| 5 | Cambridge Investment Research Advisors, Inc. | 38,82238,822 | $1M | — | TRIM -28% |
| 6 | HARBOUR INVESTMENTS, INC. | 32,07132,071 | $972,409 | — | ADD 16% |
| 7 | Valmark Advisers, Inc. | 31,51031,510 | $955,399 | — | — |
| 8 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 25,00925,009 | $759,899 | — | NEW |
| 9 | Advisory Services Network, LLC | 19,76319,763 | $599,232 | — | ADD 45% |
| 10 | Gallagher Fiduciary Advisors, LLC | 18,92518,925 | $573,815 | — | ADD 105% |
| 11 | Ignite Planners, LLC | 17,73517,735 | $537,734 | — | — |
| 12 | Foundations Investment Advisors, LLC | 17,20017,200 | $521,513 | — | TRIM -11% |
| 13 | Crusonia Wealth Advisors LLC | 17,05217,052 | $517,025 | — | — |
| 14 | Kestra Advisory Services, LLC | 16,90316,903 | $512,507 | — | TRIM -33% |
| 15 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 16,14816,148 | $489,615 | — | TRIM -53% |
| 16 | Americana Partners, LLC | 13,78413,784 | $417,938 | — | — |
| 17 | Capasso Planning Partners LLC | 13,68913,689 | $415,057 | — | NEW |
| 18 | ENVESTNET ASSET MANAGEMENT INC | 13,52313,523 | $410,024 | — | ADD 20% |
| 19 | Buck Wealth Strategies, LLC | 12,59012,590 | $381,735 | — | ADD 29% |
| 20 | OSAIC HOLDINGS, INC. | 12,55212,552 | $380,583 | — | ADD 5% |
| 21 | GOLDMAN SACHS GROUP INC | 11,57311,573 | $350,899 | — | NEW |
| 22 | Legacy Capital Wealth Partners, LLC | 10,64310,643 | $322,701 | — | — |
| 23 | LPL Financial LLC | 9,9919,991 | $302,932 | — | ADD 15% |
| 24 | MILESTONE ASSET MANAGEMENT, LLC | 9,8369,836 | $298,232 | — | ADD 22% |
| 25 | Ameritas Advisory Services, LLC | 9,2899,289 | $281,647 | — | NEW |
| 26 | Integrity Financial Corp /WA | 9,0959,095 | $275,765 | — | ADD 3% |
| 27 | MML INVESTORS SERVICES, LLC | 9,0639,063 | $274,795 | — | NEW |
| 28 | Kovack Advisors, Inc. | 8,5178,517 | $258,832 | — | — |
| 29 | FSB PREMIER WEALTH MANAGEMENT, INC. | 7,9757,975 | $241,806 | — | NEW |
| 30 | Sequent Planning LLC | 7,9567,956 | $241,230 | — | NEW |
| 31 | Triumph Capital Management | 7,9147,914 | $239,956 | — | ADD 660% |
| 32 | WEALTHGARDEN F.S. LLC | 7,4507,450 | $225,891 | — | — |
| 33 | AE Wealth Management LLC | 6,9526,952 | $210,788 | — | ADD 11% |
| 34 | BARCLAYS PLC | 4,8804,880 | $147,964 | — | — |
| 35 | CWM, LLC | 4,7504,750 | $144,022 | — | — |
| 36 | Ashton Thomas Private Wealth, LLC | 1,9041,904 | $57,730 | — | TRIM -97% |
| 37 | ASSETMARK, INC | 1,5291,529 | $46,360 | — | — |
| 38 | CX Institutional | 1,3811,381 | $42,000 | — | TRIM -9% |
| 39 | Sound Income Strategies, LLC | 859859 | $26,105 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| Cooper Capital Advisors LLC | — | — | 104K | 104K | 104K | 104K | $3M |
| Madrona Financial Services, LLC | — | — | — | — | — | 68K | $2M |
| Cetera Investment Advisers | — | 29K | 30K | 32K | 27K | 54K | $2M |
| COMMONWEALTH EQUITY SERVICES, LLC | — | 117K | 66K | 54K | 49K | 44K | $1M |
| Cambridge Investment Research Advisors, Inc. | — | — | 68K | 70K | 54K | 39K | $1M |
| HARBOUR INVESTMENTS, INC. | — | 41K | 45K | 45K | 28K | 32K | $972,409 |
| Valmark Advisers, Inc. | — | 32K | 32K | 32K | 32K | 32K | $955,399 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | — | — | — | — | — | 25K | $759,899 |
| Advisory Services Network, LLC | — | 14K | 16K | 15K | 14K | 20K | $599,232 |
| Gallagher Fiduciary Advisors, LLC | — | 9K | 9K | 9K | 9K | 19K | $573,815 |
| Ignite Planners, LLC | — | 8K | 19K | 18K | 18K | 18K | $537,734 |
| Foundations Investment Advisors, LLC | — | — | — | 10K | 19K | 17K | $521,513 |
| Crusonia Wealth Advisors LLC | — | — | — | — | 17K | 17K | $517,025 |
| Kestra Advisory Services, LLC | — | 54K | 54K | 53K | 25K | 17K | $512,507 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | 16K | — | 40K | 35K | 16K | $489,615 |
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 | 39 | 718,233 | — | $22M |
| 2025-Q4 | 41 | 923,003 | — | $28M |
| 2025-Q3 | 41 | 1,134,011 | — | $34M |
| 2025-Q2 | 36 | 1,155,070 | — | $34M |
| 2025-Q1 | 28 | 1,038,126 | — | $30M |
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 | |
|---|---|---|---|
| Madrona Financial Services, LLC | +67,680 | $2M | OPEN |
| Cetera Investment Advisers | +26,383 | $799,959 | ADD |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | +25,009 | $758,298 | OPEN |
| Capasso Planning Partners LLC | +13,689 | $415,064 | OPEN |
| GOLDMAN SACHS GROUP INC | +11,573 | $350,905 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Encompass More Asset Management | −105,602 | $3M | CLOSE |
| PRECEDENT WEALTH PARTNERS, LLC | −94,006 | $3M | CLOSE |
| Ashton Thomas Private Wealth, LLC | −64,476 | $2M | TRIM |
| Foguth Wealth Management, LLC. | −28,302 | $858,145 | CLOSE |
| TFB Advisors LLC | −26,069 | $790,438 | 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).
