% of shares outstanding is not shown for FNWFX: 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 FNWFX 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 MERCHANTS CORP | 5,6125,612 | $515,741 | — | — |
| 2 | KELLEHER FINANCIAL ADVISORS | 2,7602,760 | $253,510 | — | — |
| 3 | McIlrath & Eck, LLC | 116116 | $10,653 | — | NEW |
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 MERCHANTS CORP | 8K | 8K | 6K | 6K | 6K | 6K | $515,741 |
| KELLEHER FINANCIAL ADVISORS | — | — | — | 3K | 3K | 3K | $253,510 |
| McIlrath & Eck, LLC | — | — | — | — | — | 116 | $10,653 |
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 | |
|---|---|---|---|
| McIlrath & Eck, LLC | +116 | $10,656 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Kohmann Bosshard Financial Services, LLC | −317 | $29,120 | CLOSE |
| FIRST MERCHANTS CORP | −102 | $9,370 | — |
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 | 3 | 8,488 | — | $779,904 |
| 2025-Q4 | 3 | 8,791 | — | $819,722 |
| 2025-Q3 | 2 | 8,707 | — | $827,478 |
| 2025-Q2 | 2 | 28,808 | — | $3M |
| 2025-Q1 | 2 | 25,914 | — | $2M |
| 2024-Q4 | 2 | 27,783 | — | $2M |
| 2024-Q3 | 2 | 28,619 | — | $2M |
| 2024-Q2 | 4 | 557,816 | — | $45M |
| 2024-Q1 | 2 | 515,643 | — | $41M |
| 2023-Q4 | 2 | 491,713 | — | $37M |
| 2023-Q3 | 2 | 474,673 | — | $34M |
| 2023-Q2 | 2 | 216,917 | — | $16M |
| 2023-Q1 | 2 | 216,101 | — | $15M |
| 2022-Q4 | 2 | 217,821 | — | $14M |
| 2022-Q3 | 2 | 197,906 | — | $12M |
| 2022-Q2 | 2 | 169,799 | — | $11M |
| 2022-Q1 | 2 | 166,996 | — | $13M |
| 2021-Q4 | 2 | 161,776 | — | $14M |
| 2021-Q3 | 3 | 155,513 | — | $14M |
| 2021-Q2 | 2 | 155,837 | — | $15M |
| 2021-Q1 | 2 | 154,281 | — | $14M |
| 2020-Q4 | 2 | 155,403 | — | $14M |
| 2020-Q3 | 2 | 158,978 | — | $12M |
| 2020-Q2 | 2 | 180,653 | — | $12M |
| 2020-Q1 | 2 | 175,002 | — | $10M |
| 2019-Q4 | 2 | 173,602 | — | $12M |
| 2019-Q3 | 2 | 168,518 | — | $11M |
| 2019-Q2 | 2 | 165,528 | — | $11M |
| 2019-Q1 | 3 | 163,444 | — | $11M |
| 2018-Q4 | 2 | 162,306 | — | $9M |
| 2018-Q3 | 2 | 159,495 | — | $10M |
| 2018-Q2 | 1 | 154,593 | — | $10M |
| 2018-Q1 | 1 | 159,643 | — | $11M |
| 2017-Q4 | 1 | 153,819 | — | $10M |
| 2017-Q3 | 1 | 157,119 | — | $10M |
| 2017-Q2 | 1 | 427 | — | $26,000 |
