% of shares outstanding is not shown for FMAY: 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 FMAY 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 |
|---|---|---|---|---|---|---|---|
| FOCUS Wealth Advisors, LLC | 488K | 478K | 479K | 483K | 497K | 480K | $25M |
| COMMONWEALTH EQUITY SERVICES, LLC | 344K | 346K | 375K | 296K | 282K | 268K | $14M |
| ASSETMARK, INC | 102K | 141K | 185K | 209K | 242K | 266K | $14M |
| Cetera Investment Advisers | 72K | 103K | 378K | 200K | 253K | 240K | $13M |
| Rockefeller Capital Management L.P. | 87K | 86K | 235K | 122K | 165K | 211K | $11M |
| RAYMOND JAMES FINANCIAL INC | 270K | 236K | 253K | 193K | 208K | 170K | $9M |
| Keystone Wealth Services, LLC | 163K | 162K | 178K | 178K | — | 167K | $9M |
| REAP Financial Group, LLC | 211K | 212K | 158K | 178K | 171K | 166K | $9M |
| CWM, LLC | 180K | 175K | 183K | 169K | 157K | 150K | $8M |
| ENVESTNET ASSET MANAGEMENT INC | 53K | 60K | 531K | 106K | 129K | 143K | $8M |
| Kestra Advisory Services, LLC | 88K | 83K | 104K | 115K | 115K | 118K | $6M |
| Tanglewood Legacy Advisors, LLC | 126K | 114K | 111K | 111K | 106K | 104K | $5M |
| OSAIC HOLDINGS, INC. | 114K | 88K | 171K | 162K | 116K | 94K | $5M |
| LPL Financial LLC | 108K | 108K | 104K | 97K | 92K | 89K | $5M |
| FSB PREMIER WEALTH MANAGEMENT, INC. | 81K | 80K | 75K | 72K | 72K | 71K | $4M |
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 | |
|---|---|---|---|
| Keystone Wealth Services, LLC | +166,508 | $9M | OPEN |
| Rockefeller Capital Management L.P. | +45,965 | $2M | ADD |
| ASSETMARK, INC | +24,007 | $1M | ADD |
| OLD MISSION CAPITAL LLC | +20,674 | $1M | OPEN |
| Concurrent Investment Advisors, LLC | +15,767 | $832,499 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Main Street Financial Solutions, LLC | −63,108 | $3M | CLOSE |
| RAYMOND JAMES FINANCIAL INC | −38,794 | $2M | TRIM |
| STEPHENS INC /AR/ | −30,891 | $2M | TRIM |
| SOA Wealth Advisors, LLC. | −25,960 | $1M | TRIM |
| OSAIC HOLDINGS, INC. | −21,665 | $1M | 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 | 129 | 4,216,501 | — | $221M |
| 2025-Q4 | 124 | 4,192,922 | — | $224M |
| 2025-Q3 | 117 | 4,402,190 | — | $230M |
| 2025-Q2 | 119 | 5,537,277 | — | $277M |
| 2025-Q1 | 107 | 4,206,563 | — | $194M |
| 2024-Q4 | 122 | 4,634,762 | — | $220M |
| 2024-Q3 | 122 | 5,302,436 | — | $247M |
| 2024-Q2 | 121 | 5,784,472 | — | $258M |
| 2024-Q1 | 83 | 3,600,131 | — | $155M |
| 2023-Q4 | 91 | 5,535,815 | — | $230M |
| 2023-Q3 | 92 | 5,628,613 | — | $216M |
| 2023-Q2 | 95 | 4,919,358 | — | $191M |
| 2023-Q1 | 76 | 4,861,790 | — | $179M |
| 2022-Q4 | 77 | 5,417,833 | — | $191M |
| 2022-Q3 | 79 | 5,737,617 | — | $191M |
| 2022-Q2 | 83 | 6,134,715 | — | $209M |
| 2022-Q1 | 46 | 914,988 | — | $40M |
| 2021-Q4 | 47 | 1,096,994 | — | $42M |
| 2021-Q3 | 46 | 1,182,920 | — | $43M |
| 2021-Q2 | 45 | 1,337,098 | — | $48M |
| 2021-Q1 | 24 | 533,411 | — | $19M |
| 2020-Q4 | 22 | 1,708,851 | — | $59M |
| 2020-Q3 | 20 | 1,136,489 | — | $38M |
| 2020-Q2 | 15 | 303,199 | — | $10M |
