% of shares outstanding is not shown for FMCX: 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 FMCX 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 | FIRST MANHATTAN CO. LLC. | 3,016,5513.0M | $97M | — | — |
| 2 | GTS SECURITIES LLC | 20,79120,791 | $667,079 | — | NEW |
| 3 | Avalon Trust Co | 2,6002,600 | $83,423 | — | — |
| 4 | UBS Group AG | 242242 | $7,765 | — | TRIM -32% |
| 5 | NBC SECURITIES, INC. | 7070 | $2,245 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| FIRST MANHATTAN CO. LLC. | 3.0M | 3.1M | 3.0M | 3.0M | 3.0M | 3.0M | $97M |
| GTS SECURITIES LLC | — | 13K | 15K | 13K | — | 21K | $667,079 |
| Avalon Trust Co | 3K | 3K | 3K | 3K | 3K | 3K | $83,423 |
| UBS Group AG | — | 78 | 10 | 367 | 354 | 242 | $7,765 |
| NBC SECURITIES, INC. | — | 70 | 70 | 70 | 70 | 70 | $2,245 |
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 | 5 | 3,040,254 | — | $98M |
| 2025-Q4 | 5 | 3,046,382 | — | $105M |
| 2025-Q3 | 6 |
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 | |
|---|---|---|---|
| GTS SECURITIES LLC | +20,791 | $667,090 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| FIRST MANHATTAN CO. LLC. | −26,782 | $859,314 | — |
| UBS Group AG | −112 | $3,594 | TRIM |
| Federation des caisses Desjardins du Quebec | −25 | $802 | 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).
| 3,055,568 |
| — |
| $108M |
| 2025-Q2 | 6 | 3,053,078 | — | $100M |
| 2025-Q1 | 6 | 3,070,300 | — | $91M |
| 2024-Q4 | 3 | 3,044,122 | — | $95M |
| 2024-Q3 | 5 | 3,053,991 | — | $96M |
| 2024-Q2 | 6 | 3,054,517 | — | $88M |
| 2024-Q1 | 2 | 3,041,246 | — | $88M |
| 2023-Q4 | 2 | 3,032,308 | — | $81M |
| 2023-Q3 | 2 | 3,029,803 | — | $73M |
| 2023-Q2 | 2 | 3,013,908 | — | $76M |
| 2023-Q1 | 1 | 3,003,769 | — | $69M |
| 2022-Q4 | 1 | 3,002,035 | — | $66M |
| 2022-Q3 | 1 | 2,982,642 | — | $63M |
| 2022-Q2 | 1 | 2,965,564 | — | $67M |
