% of shares outstanding is not shown for FSCS: 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 FSCS 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 |
|---|---|---|---|---|---|---|---|
| LPL Financial LLC | 294K | 309K | 328K | 329K | 510K | 521K | $18M |
| NewEdge Advisors, LLC | 18K | 84K | 347K | 363K | 373K | 27K | $14M |
| Cambridge Investment Research Advisors, Inc. | 6K | 6K | 17K | 91K | 97K | 98K | $3M |
| OSAIC HOLDINGS, INC. | 6K | 12K | 41K | 43K | 52K | 53K | $2M |
| Equitable Holdings, Inc. | — | — | — | 7K | 21K | 30K | $1M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 21K | — | 44K | 19K | — | 26K | $901,734 |
| Kestra Advisory Services, LLC | — | — | 9K | 11K | 15K | 18K | $637,938 |
| FSB PREMIER WEALTH MANAGEMENT, INC. | 19K | 18K | 18K | 18K | 18K | 18K | $628,847 |
| TWO SIGMA INVESTMENTS, LP | — | — | 10K | 12K | 16K | 16K | $545,631 |
| Sanctuary Advisors, LLC | — | — | 6K | 10K | 14K | 15K | $515,195 |
| Cetera Investment Advisers | — | 6K | — | 8K | 9K | 14K | $477,049 |
| PFG Investments, LLC | — | — | — | — | 10K | 10K | $362,827 |
| ENVESTNET ASSET MANAGEMENT INC | 8K | 8K | 8K | 8K | 8K | 9K | $310,829 |
| Independent Advisor Alliance | 6K | — | — | — | — | 6K | $228,725 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 6K | 6K | 6K | 6K | 6K | 6K | $225,542 |
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 | |
|---|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | +25,616 | $901,734 | OPEN |
| LPL Financial LLC | +11,571 | $407,322 | ADD |
| Equitable Holdings, Inc. | +8,403 | $295,802 | ADD |
| Independent Advisor Alliance | +6,498 | $228,743 | OPEN |
| Cetera Investment Advisers | +4,968 | $174,884 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| NewEdge Advisors, LLC | −346,037 | $12M | TRIM |
| Global Retirement Partners, LLC | −835 | $29,394 | CLOSE |
| FSB PREMIER WEALTH MANAGEMENT, INC. | −449 | $15,806 | TRIM |
| CWM, LLC | −344 | $12,109 | TRIM |
| MPWM ADVISORY SOLUTIONS, LLC | −277 | $9,751 | 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 | 31 | 887,347 | — | $44M |
| 2025-Q4 | 29 | 1,172,108 | — | $42M |
| 2025-Q3 | 32 | 1,013,435 | — | $37M |
| 2025-Q2 | 28 | 892,318 | — | $32M |
| 2025-Q1 | 23 | 514,792 | — | $18M |
| 2024-Q4 | 24 | 417,509 | — | $15M |
| 2024-Q3 | 17 | 395,389 | — | $14M |
| 2024-Q2 | 14 | 306,934 | — | $10M |
| 2024-Q1 | 13 | 343,931 | — | $11M |
| 2023-Q4 | 12 | 493,630 | — | $15M |
| 2023-Q3 | 13 | 455,584 | — | $13M |
| 2023-Q2 | 14 | 176,438 | — | $5M |
| 2023-Q1 | 20 | 219,761 | — | $6M |
| 2022-Q4 | 17 | 261,254 | — | $7M |
| 2022-Q3 | 17 | 379,197 | — | $9M |
| 2022-Q2 | 19 | 411,155 | — | $10M |
| 2022-Q1 | 14 | 226,716 | — | $7M |
| 2021-Q4 | 18 | 445,158 | — | $14M |
| 2021-Q3 | 17 | 415,771 | — | $12M |
| 2021-Q2 | 18 | 360,286 | — | $10M |
| 2021-Q1 | 17 | 368,534 | — | $10M |
| 2020-Q4 | 16 | 386,579 | — | $9M |
| 2020-Q3 | 11 | 170,547 | — | $3M |
| 2020-Q2 | 12 | 141,522 | — | $3M |
| 2020-Q1 | 12 | 120,126 | — | $2M |
| 2019-Q4 | 15 | 168,771 | — | $4M |
| 2019-Q3 | 13 | 160,519 | — | $4M |
| 2019-Q2 | 14 | 221,832 | — | $5M |
| 2019-Q1 | 11 | 105,277 | — | $2M |
| 2018-Q4 | 9 | 280,083 | — | $5M |
| 2018-Q3 | 6 | 78,822 | — | $2M |
| 2018-Q2 | 4 | 55,720 | — | $1M |
| 2018-Q1 | 4 | 35,633 | — | $758,000 |
| 2017-Q4 | 2 | 33,489 | — | $727,000 |
| 2017-Q3 | 1 | 47,186 | — | $969,000 |
| 2017-Q2 | 1 | 99,081 | — | $2M |
