% of shares outstanding is not shown for FNDF: 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 FNDF 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 | 143,031,375143.0M | $7.0B | — | TRIM -2% |
| 2 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 14,592,92714.6M | $708M | — | TRIM -21% |
| 3 | REGIONS FINANCIAL CORP | 9,245,3519.2M | $452M | — | — |
| 4 | BANK OF AMERICA CORP /DE/ | 8,329,8568.3M | $408M | — | ADD 3% |
| 5 | MORGAN STANLEY | 6,879,5356.9M | $337M | — | TRIM -20% |
| 6 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 6,120,1576.1M | $299M | — | — |
| 7 | WELLS FARGO & COMPANY/MN | 5,917,7765.9M | $290M | — | — |
| 8 | CAPTRUST FINANCIAL ADVISORS | 4,043,9144.0M | $198M | — | ADD 19% |
| 9 | Auto-Owners Insurance Co | 3,640,0003.6M | $175M | — | — |
| 10 | AMERIPRISE FINANCIAL INC | 3,116,5133.1M | $152M | — | ADD 20% |
| 11 | Mountain Capital Investment Advisors Inc. | 2,908,8902.9M | $148M | — | ADD 10% |
| 12 | VICTORY CAPITAL MANAGEMENT INC | 2,914,9682.9M | $143M | — | TRIM -10% |
| 13 | Boulay Financial Advisors, LLC | 2,725,1992.7M | $133M | — | ADD 11% |
| 14 | LPL Financial LLC | 2,674,6472.7M | $131M | — | ADD 8% |
| 15 | ENVESTNET ASSET MANAGEMENT INC | 2,583,7252.6M | $126M | — | ADD 17% |
| 16 | FOSTER & MOTLEY INC | 2,442,9492.4M | $120M | — | — |
| 17 | Corient Private Wealth LLC | 2,097,1192.1M | $103M | — | ADD 388% |
| 18 | FMR LLC | 1,729,4371.7M | $85M | — | TRIM -6% |
| 19 | Cetera Investment Advisers | 1,643,5721.6M | $80M | — | ADD 4% |
| 20 | UBS Group AG | 1,583,1011.6M | $77M | — | ADD 12% |
| 21 | StoneX Group Inc. | 1,511,0551.5M | $74M | — | ADD 12% |
| 22 | AlphaCore Capital LLC | 1,492,5401.5M | $73M | — | TRIM -7% |
| 23 | HighTower Advisors, LLC | 1,381,5021.4M | $68M | — | ADD 11% |
| 24 | CVA Family Office, LLC | 1,351,1271.4M | $66M | — | ADD 13% |
| 25 | Strata Wealth Advisors, LLC | 1,180,8991.2M | $58M | — | TRIM -5% |
| 26 | ALPS ADVISORS INC | 1,177,7891.2M | $58M | — | ADD 4% |
| 27 | Nadler Financial Group, Inc. | 1,140,1911.1M | $56M | — | ADD 7% |
| 28 | Trust Co | 1,138,7251.1M | $56M | — | — |
| 29 | RAYMOND JAMES FINANCIAL INC | 1,115,7771.1M | $55M | — | ADD 21% |
| 30 | Capital Advantage, Inc. | 1,105,5841.1M | $54M | — | — |
| 31 | CANANDAIGUA NATIONAL CORP | 1,073,6171.1M | $53M | — | NEW |
| 32 | Orion Porfolio Solutions, LLC | 1,071,0131.1M | $52M | — | TRIM -15% |
| 33 | Hardy Reed LLC | 1,066,7491.1M | $52M | — | — |
| 34 | Capital Advisors Wealth Management, LLC | 1,051,6651.1M | $51M | — | — |
| 35 | Private Advisor Group, LLC | 1,040,4521.0M | $51M | — | — |
| 36 | Charles Schwab Trust Co | 1,029,5891.0M | $50M | — | — |
| 37 | Verde Capital Management | 992,254992,254 | $49M | — | — |
| 38 | OSAIC HOLDINGS, INC. | 962,137962,137 | $47M | — | TRIM -28% |
| 39 | Mariner, LLC | 945,862945,862 | $46M | — | ADD 5% |
| 40 | Focus Partners Wealth | 912,654912,654 | $45M | — | ADD 75% |
| 41 | MFA WEALTH ADVISORS, LLC | 902,933902,933 | $44M | — | — |
| 42 | Johnson Bixby & Associates, LLC | 875,644875,644 | $43M | — | ADD 3% |
| 43 | CWM, LLC | 813,465813,465 | $40M | — | ADD 4% |
| 44 | Barry Investment Advisors, LLC | 799,398799,398 | $39M | — | — |
| 45 | Unison Advisors LLC | 788,242788,242 | $39M | — | — |
| 46 | Focus Financial Network, Inc. | 776,400776,400 | $38M | — | ADD 18% |
| 47 | Cambridge Investment Research Advisors, Inc. | 773,051773,051 | $38M | — | TRIM -6% |
| 48 | Pallas Capital Advisors LLC | 769,625769,625 | $38M | — | TRIM -10% |
| 49 | Arlington Financial Advisors, LLC | 759,867759,867 | $37M | — | TRIM -6% |
| 50 | JPMORGAN CHASE & CO | 767,887767,887 | $36M | — | ADD 21% |
| 51 | LEAVELL INVESTMENT MANAGEMENT, INC. | 734,098734,098 | $36M | — | ADD 5% |
| 52 | Dynamic Advisor Solutions LLC | 725,123725,123 | $35M | — | — |
| 53 | ROYAL BANK OF CANADA | 724,407724,407 | $35M | — | ADD 13% |
| 54 | Opes Wealth Management LLC | 713,937713,937 | $35M | — | — |
| 55 | WESCAP Management Group, Inc. | 653,504653,504 | $32M | — | ADD 3% |
| 56 | Bell Investment Advisors, Inc | 644,359644,359 | $32M | — | TRIM -6% |
| 57 | Resonant Capital Advisors, LLC | 640,326640,326 | $31M | — | TRIM -14% |
| 58 | Geneos Wealth Management Inc. | 623,669623,669 | $31M | — | — |
| 59 | Solitude Financial Services | 570,283570,283 | $29M | — | — |
| 60 | MAI Capital Management | 599,335599,335 | $29M | — | ADD 13% |
| 61 | Creative Planning | 583,727583,727 | $29M | — | ADD 18% |
| 62 | EXENCIAL WEALTH ADVISORS, LLC | 580,582580,582 | $28M | — | TRIM -5% |
| 63 | COMMONWEALTH EQUITY SERVICES, LLC | 576,513576,513 | $28M | — | — |
| 64 | Prairiewood Capital, LLC | 561,451561,451 | $27M | — | ADD 2% |
| 65 | KEELER & NADLER FINANCIAL PLANNING & WEALTH MANAGEMENT | 554,239554,239 | $27M | — | — |
| 66 | CABOT WEALTH MANAGEMENT INC | 553,828553,828 | $27M | — | ADD 4% |
| 67 | Maia Wealth LLC | 539,122539,122 | $26M | — | ADD 37% |
| 68 | Opus Capital Group, LLC | 509,963509,963 | $25M | — | TRIM -6% |
| 69 | Seven Springs Wealth Group, LLC | 505,861505,861 | $25M | — | ADD 11% |
| 70 | Tradition Wealth Management, LLC | 492,801492,801 | $24M | — | — |
| 71 | Sequoia Financial Advisors, LLC | 482,871482,871 | $24M | — | — |
| 72 | GREAT VALLEY ADVISOR GROUP, INC. | 482,179482,179 | $24M | — | ADD 2% |
| 73 | Savant Capital, LLC | 474,735474,735 | $23M | — | — |
| 74 | CAPITAL WEALTH MANAGEMENT, LLC | 463,396463,396 | $23M | — | ADD 9% |
| 75 | Red Tortoise LLC | 456,225456,225 | $22M | — | — |
| 76 | Keudell/Morrison Wealth Management | 436,651436,651 | $21M | — | — |
| 77 | Vise Technologies, Inc. | 452,251452,251 | $20M | — | — |
| 78 | HOWARD FINANCIAL SERVICES, LTD. | 414,982414,982 | $20M | — | ADD 6% |
| 79 | BEACON FINANCIAL PLANNING, INC | 413,737413,737 | $20M | — | ADD 26% |
| 80 | Latko Wealth Management, Ltd. | 411,801411,801 | $20M | — | ADD 10% |
| 81 | Cerity Partners LLC | 390,393390,393 | $20M | — | ADD 254% |
| 82 | Thrivent Financial for Lutherans | 401,882401,882 | $20M | — | ADD 38% |
| 83 | U.S. Capital Wealth Advisors, LLC | 398,760398,760 | $20M | — | ADD 16% |
| 84 | Verum Partners LLC | 398,220398,220 | $19M | — | ADD 2% |
| 85 | STUDIO INVESTMENT MANAGEMENT LLC | 389,963389,963 | $19M | — | — |
| 86 | CENTRAL TRUST Co | 389,889389,889 | $19M | — | ADD 41% |
| 87 | MOLLER WEALTH PARTNERS | 385,828385,828 | $19M | — | — |
| 88 | Sound Portfolio Advisors, LLC | 383,937383,937 | $19M | — | — |
| 89 | JNBA Financial Advisors | 370,177370,177 | $18M | — | TRIM -4% |
| 90 | Penserra Capital Management LLC | 362,054362,054 | $18M | — | NEW |
| 91 | Vestmark Advisory Solutions, Inc. | 345,577345,577 | $17M | — | ADD 16% |
| 92 | &PARTNERS | 343,105343,105 | $17M | — | ADD 50% |
| 93 | HHM Wealth Advisors, LLC | 342,266342,266 | $17M | — | ADD 6% |
| 94 | Certified Advisory Corp | 336,079336,079 | $16M | — | TRIM -8% |
| 95 | JHP Wealth Management, LLC | 324,274324,274 | $16M | — | ADD 6% |
| 96 | Quantinno Capital Management LP | 307,522307,522 | $15M | — | ADD 45% |
| 97 | Cerro Pacific Wealth Advisors LLC | 299,490299,490 | $15M | — | ADD 28% |
| 98 | MML INVESTORS SERVICES, LLC | 295,827295,827 | $14M | — | TRIM -17% |
| 99 | CAHILL FINANCIAL ADVISORS INC | 290,873290,873 | $14M | — | ADD 2% |
| 100 | Westover Capital Advisors, LLC | 284,226284,226 | $14M | — | — |
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 | 148.0M | 149.0M | 146.7M | 147.2M | 146.5M | 143.0M | $7.0B |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 18.0M | 16.2M | 16.9M | 17.8M | 18.5M | 14.6M | $708M |
| REGIONS FINANCIAL CORP | 11.2M | 11.4M | 9.7M | 9.1M | 9.2M | 9.2M | $452M |
| BANK OF AMERICA CORP /DE/ | 5.9M | 6.5M | 6.9M | 7.2M | 8.1M | 8.3M | $408M |
| MORGAN STANLEY | 6.2M | 5.7M | 5.9M | 6.2M | 8.7M | 6.9M | $337M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 4.6M | 4.9M | 6.0M | 6.0M | 6.0M | 6.1M | $299M |
| WELLS FARGO & COMPANY/MN | 6.1M | 6.0M | 6.1M | 5.9M | 6.0M | 5.9M | $290M |
| CAPTRUST FINANCIAL ADVISORS | 449K | 621K | 2.6M | 3.2M | 3.4M | 4.0M | $198M |
| Auto-Owners Insurance Co | 9.3M | 940K | 8.4M | 2.7M | 3.6M | 3.6M | $175M |
| AMERIPRISE FINANCIAL INC | 4.0M | 3.6M | 2.8M | 2.5M | 2.6M | 3.1M | $152M |
| Mountain Capital Investment Advisors Inc. | — | — | — | 2.6M | 2.6M | 2.9M | $148M |
| VICTORY CAPITAL MANAGEMENT INC | 5.8M | 5.8M | 4.3M | 3.2M | 3.2M | 2.9M | $143M |
| Boulay Financial Advisors, LLC | — | — | — | — | 2.5M | 2.7M | $133M |
| LPL Financial LLC | 1.6M | 1.7M | 2.2M | 2.3M | 2.5M | 2.7M | $131M |
| ENVESTNET ASSET MANAGEMENT INC | 895K | 1.3M | 2.1M | 2.1M | 2.2M | 2.6M | $126M |
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 | |
|---|---|---|---|
| Corient Private Wealth LLC | +1,667,490 | $82M | ADD |
| CANANDAIGUA NATIONAL CORP | +1,073,617 | $53M | OPEN |
| CAPTRUST FINANCIAL ADVISORS | +644,592 | $32M | ADD |
| AMERIPRISE FINANCIAL INC | +519,983 | $25M | ADD |
| Focus Partners Wealth | +391,528 | $19M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | −3,865,821 | $189M | TRIM |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | −3,452,563 | $169M | TRIM |
| MORGAN STANLEY | −1,771,171 | $87M | TRIM |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −1,345,522 | $66M | CLOSE |
| CANANDAIGUA NATIONAL BANK & TRUST CO | −1,057,708 | $52M | 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 | 808 | 310,353,381 | — | $15.2B |
| 2025-Q4 | 766 | 314,029,707 | — | $14.2B |
| 2025-Q3 | 686 | 301,464,256 | — | $13.0B |
| 2025-Q2 | 660 | 303,034,758 | — | $12.1B |
| 2025-Q1 | 608 | 292,260,216 | — | $10.6B |
| 2024-Q4 | 595 | 303,021,964 | — | $10.1B |
| 2024-Q3 | 551 | 284,025,396 | — | $10.6B |
| 2024-Q2 | 532 | 287,623,558 | — | $10.1B |
| 2024-Q1 | 516 | 288,902,492 | — | $10.3B |
| 2023-Q4 | 498 | 282,665,252 | — | $9.5B |
| 2023-Q3 | 439 | 258,286,762 | — | $8.2B |
| 2023-Q2 | 438 | 251,474,808 | — | $8.1B |
| 2023-Q1 | 429 | 240,879,125 | — | $7.5B |
| 2022-Q4 | 416 | 227,358,243 | — | $6.6B |
| 2022-Q3 | 361 | 206,295,533 | — | $5.2B |
| 2022-Q2 | 375 | 191,728,004 | — | $5.4B |
| 2022-Q1 | 374 | 179,568,237 | — | $5.8B |
| 2021-Q4 | 368 | 170,056,013 | — | $5.5B |
| 2021-Q3 | 333 | 162,044,799 | — | $5.3B |
| 2021-Q2 | 324 | 156,097,459 | — | $5.2B |
| 2021-Q1 | 278 | 150,944,526 | — | $4.8B |
| 2020-Q4 | 243 | 147,477,118 | — | $4.3B |
| 2020-Q3 | 203 | 137,756,809 | — | $3.4B |
| 2020-Q2 | 197 | 137,805,433 | — | $3.3B |
| 2020-Q1 | 191 | 168,698,011 | — | $3.5B |
| 2019-Q4 | 233 | 141,501,444 | — | $4.1B |
| 2019-Q3 | 194 | 132,651,322 | — | $3.7B |
| 2019-Q2 | 183 | 126,487,555 | — | $3.5B |
| 2019-Q1 | 180 | 115,378,267 | — | $3.2B |
| 2018-Q4 | 163 | 112,483,387 | — | $2.8B |
| 2018-Q3 | 148 | 108,521,949 | — | $3.3B |
| 2018-Q2 | 138 | 101,678,767 | — | $3.0B |
| 2018-Q1 | 123 | 97,596,975 | — | $2.9B |
| 2017-Q4 | 118 | 89,788,152 | — | $2.7B |
| 2017-Q3 | 88 | 78,166,169 | — | $2.3B |
| 2017-Q2 | 81 | 72,006,433 | — | $2.0B |
| 2017-Q1 | 73 | 58,061,003 | — | $1.6B |
| 2016-Q4 | 73 | 48,791,754 | — | $1.2B |
| 2016-Q3 | 59 | 40,502,852 | — | $1.0B |
| 2016-Q2 | 58 | 36,606,895 | — | $869M |
| 2016-Q1 | 47 | 30,908,896 | — | $731M |
| 2015-Q4 | 45 | 23,326,639 | — | $556M |
| 2015-Q3 | 48 | 19,582,774 | — | $465M |
| 2015-Q2 | 44 | 15,531,755 | — | $416M |
| 2015-Q1 | 43 | 7,388,802 | — | $197M |
| 2014-Q4 | 32 | 2,709,384 | — | $70M |
| 2014-Q3 | 20 | 546,340 | — | $15M |
| 2014-Q2 | 16 | 394,153 | — | $12M |
| 2014-Q1 | 9 | 291,805 | — | $8M |
| 2013-Q4 | 7 | 239,274 | — | $7M |
| 2013-Q3 | 4 | 58,013 | — | $2M |
