% of shares outstanding is not shown for FSGS: 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 FSGS 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 | LPL Financial LLC | 274,818274,818 | $8M | — | — |
| 2 | Independent Advisor Alliance | 134,085134,085 | $4M | — | NEW |
| 3 | Three Cord True Wealth Management, LLC | 27,41227,412 | $800,669 | — | — |
| 4 | Archer Investment Corp | 19,50519,505 | $569,696 | — | — |
| 5 | CITADEL ADVISORS LLC | 18,27118,271 | $533,663 | — | TRIM -5% |
| 6 | COMMONWEALTH EQUITY SERVICES, LLC | 10,04710,047 | $293,460 | — | TRIM -15% |
| 7 | Private Advisor Group, LLC | 9,3969,396 | $274,439 | — | — |
| 8 | Western Wealth Management, LLC | 7,5527,552 | $220,580 | — | — |
| 9 | OSAIC HOLDINGS, INC. | 2,3102,310 | $67,470 | — | TRIM -22% |
| 10 | PRIVATE TRUST CO NA | 2,0292,029 | $59,263 | — | — |
| 11 | AE Wealth Management LLC | 763763 | $22,286 | — | NEW |
| 12 | HARBOUR INVESTMENTS, INC. | 229229 | $6,689 | — | ADD 83% |
| 13 | WELLS FARGO & COMPANY/MN | 00 | $10 | — | EXIT |
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 | 298K | 315K | 270K | 281K | 275K | 275K | $8M |
| Independent Advisor Alliance | 40K | — | — | — | — | 134K | $4M |
| Three Cord True Wealth Management, LLC | 35K | 32K | 32K | 31K | 27K | 27K | $800,669 |
| Archer Investment Corp | 20K | 20K | 20K | 20K | 20K | 20K | $569,696 |
| CITADEL ADVISORS LLC | — | 14K | 33K | 35K | 19K | 18K | $533,663 |
| COMMONWEALTH EQUITY SERVICES, LLC | — | 10K | 13K | 12K | 12K | 10K | $293,460 |
| Private Advisor Group, LLC | 7K | 7K | 7K | 7K | 9K | 9K | $274,439 |
| Western Wealth Management, LLC | 10K | 10K | 7K | 7K | 8K | 8K | $220,580 |
| OSAIC HOLDINGS, INC. | 5K | 6K | 6K | 6K | 3K | 2K | $67,470 |
| PRIVATE TRUST CO NA | 2K | 2K | 2K | 2K | 2K | 2K | $59,263 |
| AE Wealth Management LLC | — | — | — | — | — | 763 | $22,286 |
| HARBOUR INVESTMENTS, INC. | 131 | 131 | 131 | 131 | 125 | 229 | $6,689 |
| WELLS FARGO & COMPANY/MN | 0 | 1 | 1 | 0 | 0 | 0 | $10 |
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 | |
|---|---|---|---|
| Independent Advisor Alliance | +134,085 | $4M | OPEN |
| AE Wealth Management LLC | +763 | $22,286 | OPEN |
| HARBOUR INVESTMENTS, INC. | +104 | $3,038 | ADD |
| LPL Financial LLC | +16 | $467 | — |
| Private Advisor Group, LLC | +1 | $29 | — |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Global Retirement Partners, LLC | −3,238 | $94,576 | CLOSE |
| Kestra Advisory Services, LLC | −2,392 | $69,866 | CLOSE |
| COMMONWEALTH EQUITY SERVICES, LLC | −1,810 | $52,867 | TRIM |
| CITADEL ADVISORS LLC | −999 | $29,179 | TRIM |
| OSAIC HOLDINGS, INC. | −637 | $18,606 | 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 | 13 | 506,417 | — | $15M |
| 2025-Q4 | 14 | 381,162 | — | $12M |
| 2025-Q3 | 14 | 449,407 | — | $14M |
| 2025-Q2 | 16 | 422,828 | — | $13M |
| 2025-Q1 | 18 | 770,347 | — | $23M |
| 2024-Q4 | 18 | 704,372 | — | $22M |
| 2024-Q3 | 15 | 474,539 | — | $14M |
| 2024-Q2 | 14 | 476,614 | — | $13M |
| 2024-Q1 | 15 | 683,082 | — | $20M |
| 2023-Q4 | 15 | 735,953 | — | $21M |
| 2023-Q3 | 13 | 787,682 | — | $20M |
| 2023-Q2 | 15 | 767,149 | — | $21M |
| 2023-Q1 | 19 | 886,039 | — | $24M |
| 2022-Q4 | 14 | 891,056 | — | $23M |
| 2022-Q3 | 16 | 772,633 | — | $18M |
| 2022-Q2 | 20 | 738,817 | — | $18M |
| 2022-Q1 | 14 | 564,708 | — | $16M |
| 2021-Q4 | 15 | 503,652 | — | $15M |
| 2021-Q3 | 12 | 330,884 | — | $9M |
| 2021-Q2 | 13 | 126,658 | — | $4M |
| 2021-Q1 | 13 | 181,762 | — | $5M |
| 2020-Q4 | 11 | 272,484 | — | $7M |
| 2020-Q3 | 9 | 127,738 | — | $2M |
| 2020-Q2 | 9 | 102,235 | — | $2M |
| 2020-Q1 | 8 | 86,846 | — | $1M |
| 2019-Q4 | 8 | 69,764 | — | $2M |
| 2019-Q3 | 8 | 92,380 | — | $2M |
| 2019-Q2 | 10 | 154,956 | — | $3M |
| 2019-Q1 | 7 | 34,212 | — | $718,000 |
| 2018-Q4 | 5 | 69,494 | — | $1M |
| 2018-Q3 | 5 | 21,348 | — | $492,000 |
| 2018-Q2 | 6 | 40,054 | — | $903,000 |
| 2018-Q1 | 2 | 46,639 | — | $974,000 |
| 2017-Q4 | 1 | 16,440 | — | $354,000 |
| 2017-Q3 | 1 | 66,868 | — | $1M |
| 2017-Q2 | 1 | 99,231 | — | $2M |
