% of shares outstanding is not shown for FEBW: 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 FEBW 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 |
|---|---|---|---|---|---|---|---|
| OSAIC HOLDINGS, INC. | 319K | 489K | 472K | 458K | 409K | 350K | $12M |
| Kestra Advisory Services, LLC | 229K | 242K | 257K | 238K | 249K | 300K | $10M |
| LPL Financial LLC | 23K | 20K | 31K | 139K | 135K | 291K | $10M |
| COMMONWEALTH EQUITY SERVICES, LLC | 131K | 237K | 294K | 256K | 248K | 258K | $9M |
| Allianz SE | — | — | — | — | 5K | 156K | $5M |
| AMERICAN ASSET MANAGEMENT INC. | — | 184K | 176K | 169K | 161K | 152K | $5M |
| RAYMOND JAMES FINANCIAL INC | 49K | 90K | 93K | 96K | 96K | 109K | $4M |
| Spire Wealth Management | 20K | 90K | 87K | 50K | 35K | 85K | $3M |
| Modern Wealth Management, LLC | — | — | 91K | 88K | 74K | 73K | $2M |
| Cetera Investment Advisers | 50K | 73K | 75K | 67K | 65K | 69K | $2M |
| HARBOUR INVESTMENTS, INC. | 17K | 55K | 59K | 47K | 41K | 62K | $2M |
| World Investment Advisors | — | — | — | — | — | 60K | $2M |
| ENVESTNET ASSET MANAGEMENT INC | 30K | 80K | 41K | 41K | 40K | 38K | $1M |
| Focus Financial Network, Inc. | 11K | 18K | 19K | 19K | 19K | 37K | $1M |
| JIM SAULNIER & ASSOCIATES, LLC | — | 36K | 36K | 36K | 36K | 35K | $1M |
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 | 50 | 2,483,918 | — | $83M |
| 2025-Q4 | 47 | 2,096,167 | — | $71M |
| 2025-Q3 | 43 | 2,029,968 | — | $67M |
| 2025-Q2 | 45 | 2,197,057 | — | $70M |
| 2025-Q1 | 44 | 2,155,654 | — | $66M |
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 | +156,541 | $5M | ADD |
| Allianz SE | +151,481 | $5M | ADD |
| World Investment Advisors | +60,210 | $2M | OPEN |
| Kestra Advisory Services, LLC | +51,370 | $2M | ADD |
| Spire Wealth Management | +50,346 | $2M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Allianz Investment Management LLC | −109,429 | $4M | CLOSE |
| OSAIC HOLDINGS, INC. | −58,810 | $2M | TRIM |
| Elevated Capital Advisors, LLC | −37,080 | $1M | CLOSE |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −24,418 | $817,515 | TRIM |
| AMERICAN ASSET MANAGEMENT INC. | −9,062 | $303,396 | 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-Q4 |
| 35 |
| 1,256,416 |
| — |
| $39M |
| 2024-Q3 | 37 | 1,421,875 | — | $43M |
| 2024-Q2 | 42 | 1,651,876 | — | $49M |
| 2024-Q1 | 45 | 4,258,378 | — | $123M |
| 2023-Q4 | 29 | 1,354,030 | — | $38M |
| 2023-Q3 | 25 | 1,298,447 | — | $34M |
| 2023-Q2 | 24 | 1,941,120 | — | $51M |
| 2023-Q1 | 20 | 1,408,374 | — | $36M |
