% of shares outstanding is not shown for FNDE: 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 FNDE 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 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 124,019,404124.0M | $4.7B | — | — |
| 2 | FMR LLC | 15,461,81515.5M | $592M | — | TRIM -7% |
| 3 | MORGAN STANLEY | 3,775,5823.8M | $144M | — | TRIM -7% |
| 4 | BANK OF AMERICA CORP /DE/ | 2,799,3032.8M | $107M | — | ADD 30% |
| 5 | VICTORY CAPITAL MANAGEMENT INC | 2,226,5482.2M | $85M | — | ADD 10% |
| 6 | Bogart Wealth, LLC | 1,857,2681.9M | $71M | — | — |
| 7 | ENVESTNET ASSET MANAGEMENT INC | 1,421,2081.4M | $54M | — | ADD 5% |
| 8 | FOSTER & MOTLEY INC | 1,241,8001.2M | $48M | — | — |
| 9 | WELLS FARGO & COMPANY/MN | 1,168,5641.2M | $45M | — | TRIM -2% |
| 10 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 1,022,3181.0M | $39M | — | ADD 52% |
| 11 | Unison Advisors LLC | 972,627972,627 | $37M | — | TRIM -3% |
| 12 | Morningstar Investment Management LLC | 723,788723,788 | $28M | — | ADD 3% |
| 13 | RAYMOND JAMES FINANCIAL INC | 720,735720,735 | $28M | — | ADD 16% |
| 14 | Almanack Investment Partners, LLC. | 712,019712,019 | $27M | — | — |
| 15 | OSAIC HOLDINGS, INC. | 666,187666,187 | $25M | — | TRIM -39% |
| 16 | UBS Group AG | 650,432650,432 | $25M | — | ADD 15% |
| 17 | Kelman-Lazarov, Inc. | 594,759594,759 | $23M | — | TRIM -2% |
| 18 | AlphaCore Capital LLC | 593,332593,332 | $23M | — | — |
| 19 | Johnson Bixby & Associates, LLC | 573,053573,053 | $22M | — | ADD 7% |
| 20 | Seven Springs Wealth Group, LLC | 563,534563,534 | $22M | — | ADD 24% |
| 21 | Resonant Capital Advisors, LLC | 556,985556,985 | $21M | — | TRIM -13% |
| 22 | ASPIRIANT, LLC | 544,893544,893 | $21M | — | — |
| 23 | Elgethun Capital Management | 539,773539,773 | $21M | — | — |
| 24 | LPL Financial LLC | 538,388538,388 | $21M | — | ADD 19% |
| 25 | PRINCIPAL SECURITIES, INC. | 513,907513,907 | $20M | — | ADD 8% |
| 26 | HighTower Advisors, LLC | 510,852510,852 | $20M | — | ADD 40% |
| 27 | CVA Family Office, LLC | 509,567509,567 | $19M | — | ADD 36% |
| 28 | FINANCIAL CONSULATE, INC | 453,683453,683 | $17M | — | ADD 3% |
| 29 | COMMONWEALTH EQUITY SERVICES, LLC | 445,553445,553 | $17M | — | — |
| 30 | Cornerstone Planning Group LLC | 416,262416,262 | $17M | — | ADD 18% |
| 31 | Bleakley Financial Group, LLC | 439,715439,715 | $17M | — | ADD 559% |
| 32 | HHM Wealth Advisors, LLC | 433,129433,129 | $17M | — | — |
| 33 | Charles Schwab Trust Co | 411,420411,420 | $16M | — | ADD 3% |
| 34 | Cambridge Investment Research Advisors, Inc. | 405,902405,902 | $16M | — | TRIM -18% |
| 35 | STIFEL FINANCIAL CORP | 391,905391,905 | $15M | — | ADD 372% |
| 36 | Kathmere Capital Management, LLC | 379,370379,370 | $15M | — | — |
| 37 | Concurrent Investment Advisors, LLC | 367,504367,504 | $14M | — | ADD 131% |
| 38 | MOLLER WEALTH PARTNERS | 367,331367,331 | $14M | — | ADD 4% |
| 39 | Prairiewood Capital, LLC | 353,734353,734 | $14M | — | ADD 5% |
| 40 | DROMS STRAUSS ADVISORS INC /MO/ /ADV | 349,937349,937 | $13M | — | TRIM -3% |
| 41 | CABOT WEALTH MANAGEMENT INC | 348,345348,345 | $13M | — | — |
| 42 | Nicholas Hoffman & Company, LLC. | 345,179345,179 | $13M | — | ADD 8% |
| 43 | LFA - Lugano Financial Advisors SA | 334,560334,560 | $13M | — | ADD 57% |
| 44 | CHILTON CAPITAL MANAGEMENT LLC | 332,923332,923 | $13M | — | ADD 6% |
| 45 | Tandem Financial, LLC | 328,742328,742 | $13M | — | NEW |
| 46 | COWA, LLC | 322,910322,910 | $12M | — | ADD 4% |
| 47 | BALANCED WEALTH GROUP LLC | 308,618308,618 | $12M | — | ADD 5% |
| 48 | McAdam, LLC | 300,584300,584 | $12M | — | TRIM -3% |
| 49 | EXENCIAL WEALTH ADVISORS, LLC | 273,070273,070 | $10M | — | TRIM -3% |
| 50 | Cetera Investment Advisers | 259,210259,210 | $10M | — | — |
| 51 | SAX WEALTH ADVISORS, LLC | 270,629270,629 | $10M | — | — |
| 52 | Your Advocates Ltd., LLP | 222,078222,078 | $8M | — | — |
| 53 | ROYAL BANK OF CANADA | 218,111218,111 | $8M | — | TRIM -3% |
| 54 | Bell Investment Advisors, Inc | 212,046212,046 | $8M | — | TRIM -2% |
| 55 | Creative Planning | 207,189207,189 | $8M | — | ADD 24% |
| 56 | MAI Capital Management | 197,226197,226 | $8M | — | ADD 23% |
| 57 | Mariner, LLC | 195,470195,470 | $7M | — | ADD 22% |
| 58 | RHS Financial, LLC | 185,287185,287 | $7M | — | TRIM -24% |
| 59 | EP Wealth Advisors, LLC | 184,503184,503 | $7M | — | TRIM -14% |
| 60 | Asset Dedication, LLC | 181,852181,852 | $7M | — | TRIM -11% |
| 61 | Sanctuary Advisors, LLC | 181,814181,814 | $7M | — | TRIM -33% |
| 62 | ABBINGTON INVESTMENT GROUP | 179,260179,260 | $7M | — | ADD 9% |
| 63 | JPMORGAN CHASE & CO | 184,041184,041 | $7M | — | TRIM -36% |
| 64 | Pinnacle Wealth Management, LLC | 178,075178,075 | $7M | — | ADD 2337% |
| 65 | Wealth Forward, LLC | 176,290176,290 | $7M | — | — |
| 66 | ACCESS FINANCIAL SERVICES, INC. | 171,213171,213 | $7M | — | ADD 6% |
| 67 | PERSPECTIVE WEALTH ADVISORS LLC | 168,281168,281 | $6M | — | ADD 11% |
| 68 | Savant Capital, LLC | 164,815164,815 | $6M | — | TRIM -6% |
| 69 | Essex LLC | 161,351161,351 | $6M | — | ADD 2% |
| 70 | Westover Capital Advisors, LLC | 159,685159,685 | $6M | — | ADD 4% |
| 71 | Alternative Investment Advisors, LLC. | 156,726156,726 | $6M | — | NEW |
| 72 | Laurel Wealth Planning LLC | 154,232154,232 | $6M | — | TRIM -2% |
| 73 | Simplicity Wealth,LLC | 141,937141,937 | $5M | — | ADD 6% |
| 74 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 141,174141,174 | $5M | — | ADD 4% |
| 75 | Etesian Wealth Advisors, Inc. | 136,959136,959 | $5M | — | ADD 4% |
| 76 | Apollon Wealth Management, LLC | 136,533136,533 | $5M | — | ADD 11% |
| 77 | MorganRosel Wealth Management, LLC | 134,685134,685 | $5M | — | ADD 410% |
| 78 | Alpha Omega Wealth Management LLC | 132,683132,683 | $5M | — | ADD 3% |
| 79 | Cheviot Value Management, LLC | 131,072131,072 | $5M | — | — |
| 80 | Silver Coast Investments LLC | 128,694128,694 | $5M | — | NEW |
| 81 | Cerity Partners LLC | 126,869126,869 | $5M | — | ADD 198% |
| 82 | Summit Financial, LLC | 127,406127,406 | $5M | — | ADD 135% |
| 83 | Capital Developers, LLC | 127,312127,312 | $5M | — | ADD 3% |
| 84 | Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 126,608126,608 | $5M | — | TRIM -2% |
| 85 | Orion Porfolio Solutions, LLC | 120,257120,257 | $5M | — | TRIM -15% |
| 86 | OLD MISSION CAPITAL LLC | 111,544111,544 | $4M | — | ADD 73% |
| 87 | MML INVESTORS SERVICES, LLC | 108,572108,572 | $4M | — | ADD 3% |
| 88 | Baird Financial Group, Inc. | 105,889105,889 | $4M | — | — |
| 89 | Fermata Advisors, LLC | 105,144105,144 | $4M | — | — |
| 90 | SILVER OAK SECURITIES, INCORPORATED | 104,841104,841 | $4M | — | — |
| 91 | Veridan Wealth LLC | 102,427102,427 | $4M | — | ADD 2% |
| 92 | US BANCORP \DE\ | 101,713101,713 | $4M | — | ADD 1349% |
| 93 | Pinnacle Financial Partners, Inc. | 98,44798,447 | $4M | — | ADD 3% |
| 94 | WealthCare Investment Partners, LLC | 98,40198,401 | $4M | — | ADD 19% |
| 95 | LEAVELL INVESTMENT MANAGEMENT, INC. | 97,24797,247 | $4M | — | ADD 15% |
| 96 | JONES FINANCIAL COMPANIES LLLP | 99,46499,464 | $4M | — | ADD 45% |
| 97 | Allen Capital Group, LLC | 95,98995,989 | $4M | — | — |
| 98 | Focus Partners Wealth | 95,16195,161 | $4M | — | ADD 6% |
| 99 | Janney Montgomery Scott LLC | 95,09995,099 | $4M | — | ADD 4% |
| 100 | Waverly Advisors, LLC | 93,91493,914 | $4M | — | ADD 19% |
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 |
|---|---|---|---|---|---|---|---|
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 123.5M | 121.7M | 120.4M | 121.9M | 123.0M | 124.0M | $4.7B |
| FMR LLC | 18.2M | 17.9M | 16.7M | 17.4M | 16.6M | 15.5M | $592M |
| MORGAN STANLEY | 2.1M | 2.3M | 2.5M | 2.8M | 4.1M | 3.8M | $144M |
| BANK OF AMERICA CORP /DE/ | 1.9M | 2.0M | 2.2M | 2.4M | 2.2M | 2.8M | $107M |
| VICTORY CAPITAL MANAGEMENT INC | 3.7M | 3.2M | 2.2M | 2.0M | 2.0M | 2.2M | $85M |
| Bogart Wealth, LLC | 1.9M | 1.8M | 1.8M | 1.8M | 1.9M | 1.9M | $71M |
| ENVESTNET ASSET MANAGEMENT INC | 1.0M | 1.2M | 1.2M | 1.2M | 1.4M | 1.4M | $54M |
| FOSTER & MOTLEY INC | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.2M | $48M |
| WELLS FARGO & COMPANY/MN | 67K | 3K | 2K | 7K | 1.2M | 1.2M | $45M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 200K | 223K | 394K | 435K | 671K | 1.0M | $39M |
| Unison Advisors LLC | 1.4M | 1.3M | 1.3M | 974K | 999K | 973K | $37M |
| Morningstar Investment Management LLC | 627K | 475K | 562K | 653K | 701K | 724K | $28M |
| RAYMOND JAMES FINANCIAL INC | 497K | 553K | 570K | 593K | 621K | 721K | $28M |
| Almanack Investment Partners, LLC. | 435K | 443K | 598K | 690K | 699K | 712K | $27M |
| OSAIC HOLDINGS, INC. | 417K | 907K | 770K | 849K | 1.1M | 666K | $25M |
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 | |
|---|---|---|---|
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | +1,060,058 | $41M | — |
| BANK OF AMERICA CORP /DE/ | +641,952 | $25M | ADD |
| Bleakley Financial Group, LLC | +373,027 | $14M | ADD |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | +351,764 | $13M | ADD |
| Tandem Financial, LLC | +328,742 | $13M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −1,146,566 | $44M | CLOSE |
| FMR LLC | −1,113,841 | $43M | TRIM |
| OSAIC HOLDINGS, INC. | −419,860 | $16M | TRIM |
| MORGAN STANLEY | −303,607 | $12M | TRIM |
| IFG Advisory, LLC | −231,802 | $9M | 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).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 466 | 187,107,470 | — | $7.2B |
| 2025-Q4 | 431 | 184,878,117 | — | $6.7B |
| 2025-Q3 | 388 | 177,645,779 | — | $6.4B |
| 2025-Q2 | 378 | 178,398,371 | — | $5.9B |
| 2025-Q1 | 362 | 178,717,650 | — | $5.5B |
| 2024-Q4 | 353 | 181,181,900 | — | $5.3B |
| 2024-Q3 | 321 | 177,595,213 | — | $5.7B |
| 2024-Q2 | 316 | 175,804,862 | — | $5.2B |
| 2024-Q1 | 305 | 178,081,081 | — | $5.0B |
| 2023-Q4 | 306 | 177,438,668 | — | $4.8B |
| 2023-Q3 | 266 | 161,637,902 | — | $4.2B |
| 2023-Q2 | 285 | 157,146,126 | — | $4.2B |
| 2023-Q1 | 278 | 158,960,775 | — | $4.1B |
| 2022-Q4 | 263 | 148,312,820 | — | $3.7B |
| 2022-Q3 | 242 | 152,401,913 | — | $3.6B |
| 2022-Q2 | 247 | 144,405,024 | — | $3.7B |
| 2022-Q1 | 259 | 134,161,891 | — | $3.9B |
| 2021-Q4 | 257 | 136,593,126 | — | $4.2B |
| 2021-Q3 | 247 | 132,117,036 | — | $4.3B |
| 2021-Q2 | 225 | 128,203,151 | — | $4.1B |
| 2021-Q1 | 202 | 116,919,382 | — | $3.6B |
| 2020-Q4 | 187 | 107,781,926 | — | $3.0B |
| 2020-Q3 | 168 | 104,893,876 | — | $2.5B |
| 2020-Q2 | 164 | 102,613,311 | — | $2.4B |
| 2020-Q1 | 169 | 80,996,598 | — | $1.7B |
| 2019-Q4 | 184 | 74,212,456 | — | $2.2B |
| 2019-Q3 | 153 | 67,813,732 | — | $1.9B |
| 2019-Q2 | 160 | 63,874,670 | — | $1.9B |
| 2019-Q1 | 146 | 61,541,285 | — | $1.7B |
| 2018-Q4 | 128 | 58,416,220 | — | $1.5B |
| 2018-Q3 | 118 | 56,777,761 | — | $1.6B |
| 2018-Q2 | 120 | 55,200,571 | — | $1.5B |
| 2018-Q1 | 106 | 51,570,429 | — | $1.6B |
| 2017-Q4 | 85 | 45,989,833 | — | $1.4B |
| 2017-Q3 | 61 | 37,962,860 | — | $1.1B |
| 2017-Q2 | 66 | 35,102,427 | — | $934M |
| 2017-Q1 | 60 | 28,289,355 | — | $748M |
| 2016-Q4 | 50 | 23,114,740 | — | $552M |
| 2016-Q3 | 38 | 20,290,743 | — | $481M |
| 2016-Q2 | 36 | 19,450,696 | — | $415M |
| 2016-Q1 | 30 | 16,938,059 | — | $351M |
| 2015-Q4 | 27 | 14,428,268 | — | $264M |
| 2015-Q3 | 27 | 10,727,566 | — | $204M |
| 2015-Q2 | 22 | 8,176,482 | — | $196M |
| 2015-Q1 | 17 | 3,578,568 | — | $84M |
| 2014-Q4 | 14 | 1,365,722 | — | $32M |
| 2014-Q3 | 8 | 218,161 | — | $6M |
| 2014-Q2 | 6 | 192,934 | — | $5M |
| 2014-Q1 | 5 | 134,529 | — | $3M |
| 2013-Q4 | 4 | 218,539 | — | $6M |
| 2013-Q3 | 3 | 190,233 | — | $5M |
